Retirees (101 - 110 of 165 items)
Employee Benefits: Extent of Multiemployer Plan Retiree Health Coverage
HRD-90-132: Published: Jul 17, 1990. Publicly Released: Jul 31, 1990.
Pursuant to a congressional request, GAO reviewed the extent to which companies provide retiree health benefits, focusing on the numbers of: (1) multiemployer health plans with retiree coverage; (2) workers enrolled in such plans; and (3) retirees in such plans.GAO found that: (1) over 6 percent of all retirees in company-sponsored health plans were covered by multiemployer plans; (2) 32 percent o...
Employee Benefits: Trends in Retiree Health Coverage
T-HRD-90-51: Published: Jul 27, 1990. Publicly Released: Jul 27, 1990.
GAO discussed company-sponsored retiree health coverage. GAO found that: (1) only about 4 percent of all companies provide retiree health coverage; (2) companies with retiree health benefits were generally larger, employing 40 percent of private-sector workers; (3) about 9 million retirees are currently in company-sponsored plans, and about 39 percent of those are under age 65; (4) 64 million of 9...
Employee Benefits: Extent of Companies' Retiree Health Coverage
HRD-90-92: Published: Mar 28, 1990. Publicly Released: Apr 19, 1990.
Pursuant to a congressional request, GAO provided information on the extent to which a random sample of 5,500 companies provided retirees with health benefits.GAO found that: (1) although over half of the companies provided health coverage to active workers, only about 4 percent had retiree health plans; (2) those companies providing retiree health benefits tended to be larger businesses, and they...
Tax Policy: Taxation of Pension Income for Retired New Jersey Police and Firefighters
GGD-90-73BR: Published: Apr 13, 1990. Publicly Released: Apr 13, 1990.
Pursuant to a congressional request, GAO reviewed the Internal Revenue Service's (IRS) use of actuarial tables, focusing on: (1) the fairness of those tables in computing taxable pension income; and (2) an alternative income computation method that takes into account occupations and other factors.GAO found that: (1) the estimated life expectancies for New Jersey police and firefighters were equal...
Employee Benefits: Companies' Retiree Health Liabilities Large, Advance Funding Costly
HRD-89-51: Published: Jun 14, 1989. Publicly Released: Jun 14, 1989.
Pursuant to a congressional request, GAO reviewed U.S. companies' liabilities for retiree health benefits.GAO found that: (1) as of 1988, U.S. companies had total liabilities of $402 billion for retiree health benefits, of which $227 billion, or about one-fourteenth of the value of all companies' stocks in 1988, was accrued and $175 billion was anticipated; (2) most companies did not fund health b...
Employee Benefits: Company Actions to Limit Retiree Health Costs
HRD-89-31BR: Published: Feb 1, 1989. Publicly Released: Feb 1, 1989.
Pursuant to a congressional request, GAO provided information on non-government enterprises' retiree health plans and benefits, focusing on the companies' ability to change plans and benefits.GAO found that, of the 29 companies it surveyed: (1) all could change their health care plans to help contain costs by restricting coverage to certain participants, limiting service coverage, and requiring pa...
The Social Security Notch Issue
T-HRD-89-2: Published: Jan 23, 1989. Publicly Released: Jan 23, 1989.
GAO discussed its and the National Academy of Social Insurance's studies of the social security notch issue. GAO found that: (1) benefit differences arose between retiree groups of similar ages because a problem with the benefit formula instituted in 1972 led to higher benefits than expected; (2) in 1977, Congress set the replacement rate for an average earner retiring at age 65 at about 42 percen...
Future Security of Retirees Health Benefits in Question
T-HRD-88-30: Published: Sep 15, 1988. Publicly Released: Sep 15, 1988.
GAO discussed private-sector health care benefits for retirees and changes implemented or currently being considered. GAO estimated health benefit costs and future liabilities, and found that: (1) the present future value of future retiree health benefits was about $402 billion, including liabilities of $93 billion for retirees, $128 billion for active workers' past service, and $181 billion for b...
State Department: Controlling Access to Headquarters Facilities
NSIAD-88-196BR: Published: Jun 29, 1988. Publicly Released: Aug 1, 1988.
Pursuant to a congressional request, GAO provided information regarding the Department of State's issuance of building passes to nondepartmentmental employees.GAO found that State: (1) lacked a formal policy or criteria for granting and issuing passes; (2) cited employee morale, convenience, and access to building services to justify employee family passes; (3) routinely issued passes to personnel...
Federal Workforce: Effects of Public Pension Offset on Social Security Benefits of Federal Retirees
GGD-88-73: Published: Apr 27, 1988. Publicly Released: Apr 27, 1988.
Pursuant to a congressional request, GAO examined the impact of the Social Security Act's public pension offset provisions on federal retirees.GAO found that, of 104,608 federal, state, and local government retirees with benefits subject to the offset provision: (1) 74 percent were men; (2) 92 percent had their spousal or survivor benefits totally offset; and (3) 69,061 were federal retirees, of w...