Retirement benefits (61 - 70 of 83 items)
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...
Pension Plans: Vesting Status of Participants in Selected Small Plans
HRD-88-31: Published: Oct 30, 1987. Publicly Released: Oct 30, 1987.
In response to a congressional request, GAO provided information on the vesting status of individuals in top-heavy retirement plans in small businesses with fewer than 100 employees, to determine the likely effect of the Tax Reform Act of 1986 on their vesting status.GAO found that of the 128 retirement plans it reviewed: (1) shorter-tenured workers would have been adversely affected by the change...
Developing a Consumer Price Index for the Elderly
T-GGD-87-22: Published: Jun 29, 1987. Publicly Released: Jun 29, 1987.
GAO discussed whether movements in the general consumer price index (CPI) accurately reflect trends in the prices that the elderly pay. GAO previously reported that: (1) differences in geographic distribution of retirees and the places where they shop, compared to the general public, could cause a difference in retirees' CPI; and (2) price increases that were reweighted to reflect the budgets of t...
Railroad Retirement: Size, Nature, and Funding Sources
HRD-86-73FS: Published: Mar 5, 1986. Publicly Released: Mar 5, 1986.
Pursuant to a congressional request, GAO reviewed the federal government's financial involvement in the railroad retirement and unemployment insurance programs.GAO found that: (1) the federal government provides half of the programs' annual revenues, which help pay for social-security-equivalent benefits; (2) windfall benefits to retirees who are entitled to railroad retirement and social security...
Federal Compensation: Effects of Proposed Retirement Changes on a Typical Federal Retiree
GGD-86-51FS: Published: Feb 27, 1986. Publicly Released: Feb 27, 1986.
Pursuant to a congressional request, GAO reviewed the effects of the fiscal year 1987 budget proposal which recommends changes to the civil service retirement benefits for a typical employee retiring at age 61 after 30 years of service.GAO found that: (1) the overall effect of the proposed benefit reductions would result in a loss of $112,000 over the lifetime of the typical retiree; (2) the propo...
Proposals To Change the Military Retirement System
128624: Dec 5, 1985
GAO testified on the structure of the Department of Defense's (DOD) military retirement system, specifically: (1) the recent change to accrual accounting for retirement annuities; (2) DOD proposals to change the system; and (3) the accuracy of the estimated accrual savings that would result from enacting DOD proposals. GAO noted that: (1) unlike common private-sector practice, the receipt of socia...
Features of Nonfederal Retirement Programs
OCG-84-2: Published: Jun 26, 1984. Publicly Released: Jul 11, 1984.
In response to a congressional request, GAO obtained information on retirement programs in the nonfederal sector to assist in the design of a new civil service retirement system. Using selected surveys, GAO analyzed the pension and capital accumulation portions of nonfederal programs.In reviewing surveys of private sector pension plans, GAO found that vesting usually occurs at 10 years of service...
Internal Controls Can Be Improved To Help Ensure Proper and Correct Military Retirement Payments
AFMD-84-7: Published: Feb 28, 1984. Publicly Released: Feb 28, 1984.
GAO reviewed the retirement pay systems of the Army, Navy, Air Force, and Marine Corps to determine whether internal controls are in effect to ensure proper and correct payments to retirees and their families.The military services maintain independent payroll systems to pay and administer benefits to military retirees and survivors. GAO found that there is a need for the military services to impro...
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...