Federal employee retirement programs (11 - 20 of 23 items)
GGD-95-200R: Published: Apr 3, 1995. Publicly Released: Apr 3, 1995.
Pursuant to a congressional request, GAO reviewed information on the funding status of the Civil Service Retirement System. GAO noted that: (1) the system's unfunded liability is not a problem that needs to be fixed to avoid a steep increase in outlays from the Treasury or increases in the deficit; and (2) there should be sufficient assets in the retirement fund to cover benefit payments to all cu...
Army Materiel Command: Providing Early Retirement Incentives in 1990 Could Have Saved Money
NSIAD-93-233: Published: Aug 24, 1993. Publicly Released: Aug 24, 1993.
Pursuant to a congressional request, GAO estimated the potential savings to the government if the Army Materiel Command (AMC) had implemented certain retirement incentives in 1990.GAO found that: (1) the cost savings from additional retirements would have ranged from $100,000 to $250,000 per retiree if AMC did not replace the retiree; (2) factors affecting the costs of retirement incentives includ...
GGD-93-2R: Published: Oct 20, 1992. Publicly Released: Oct 20, 1992.
Pursuant to a congressional request, GAO evaluated the impact of increased federal employee retirement at the end of 1990 due to the suspension of the lump-sum retirement benefit. GAO found that: (1) the pattern of retirements for 1989 and 1990 were similar, except that the largest number of monthly retirements occurred in November of 1990, compared to December of 1989, because many employees reti...
Public Pension Offset
GGD-92-15R: Published: May 15, 1992. Publicly Released: May 15, 1992.
Pursuant to a congressional request, GAO provided information on the Public Pension Offset, a provision of the Social Security Act which reduces social security benefits for those federal and other government retirees who are entitled to social security benefits as spouses of social security recipients. GAO noted that: (1) the offset provision reduces survivor benefits by $2 for every $3 of public...
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...
Comparison of Retirement Benefits for W. R. Grace & Company and Civil Service Employees
OCG-84-1: Published: Jun 12, 1984. Publicly Released: Jul 2, 1984.
In response to a congressional request, GAO compared the retirement benefits offered by W. R. Grace & Company with the benefits available from the Federal civil service retirement system (CSRS).GAO obtained information from the firm on the age, length of service, and retirement benefits for the firm's employees who retired in 1983 and similar data from the Office of Personnel Management for civil...
How the U.S. Military Retirement System Compares With Other Systems
122026: Jul 29, 1983
GAO discussed the U.S. military retirement system by comparing the U.S. system with: (1) the military retirement systems of seven other countries; (2) four other federally sponsored retirement plans; and (3) eight State and local retirement systems. GAO stated that, when compared to other countries' systems, the U.S. military retirement system contains many provisions of distinct advantage to the...
Action Needed To Reduce, Account for, and Collect Overpayments to Federal Retirees
AFMD-83-19: Published: Jun 28, 1983. Publicly Released: Jun 28, 1983.
GAO undertook a review to determine whether the Office of Personnel Management (OPM) has adequate internal controls to prevent, account for, and collect overpayments made from the Civil Service Retirement and Disability Fund.GAO found that most OPM retirement and disability fund overpayments occur when beneficiaries undergo a status change that either eliminates their entitlement to benefits or re...
Terminating Benefits to Economically Recovered Disability Retirees Should Be More Timely
FPCD-82-46: Published: Jul 9, 1982. Publicly Released: Jul 9, 1982.
GAO reviewed the Office of Personnel Management's (OPM) administration of the statutory provisions regarding the economic recovery of disability retirees. The review was part of a larger ongoing study of the administration of the civil service retirement system's disability provisions.The annuity of a disabled retiree under age 60 terminates 1 year after the end of the year in which his earning ca...
S. 677, the Civil Service Retirement Cost-of-Living Adjustment Act of 1981
114823: Apr 1, 1981
Under present law, all civil service annuities are adjusted semiannually by the full percentage increase in the Consumer Price Index. Under S. 677, retirees and survivors age 65 and over would continue to receive full, semiannual adjustments; however, those retirees and survivors under age 65 would receive adjustments only once a year. GAO believes that the proposed legislation would reduce the re...