Retirement benefits (111 - 120 of 345 items)
Social Security: Issues in Evaluating Reform Proposals
GAO-02-288T: Published: Dec 10, 2001. Publicly Released: Dec 10, 2001.
This testimony discusses the long-term viability of the Social Security program. Social Security's Trust Funds will not be exhausted until 2038, but the trustees now project that the program's cash demands on the rest of the federal government will begin much sooner. Aiming for sustainable solvency would increase the chance that future policymakers would not have to face these difficult questions...
Older Workers: Demographic Trends Pose Challenges for Employers and Workers
GAO-02-85: Published: Nov 16, 2001. Publicly Released: Nov 16, 2001.
The impending retirement of the "baby boom" generation is receiving considerable attention. The number of older workers will grow substantially during the next two decades, and they will become an increasingly significant share of the U.S. workforce. Although older workers are less likely than younger workers to lose a job, when they do lose a job, they are less likely than younger workers to find...
Retiree Health Benefits: Employer-Sponsored Benefits May Be Vulnerable to Further Erosion
GAO-01-374: Published: May 1, 2001. Publicly Released: May 31, 2001.
In 1999, nearly 10 million retired people aged 55 or older relied on employer-sponsored health insurance as either their primary source of coverage or as a supplement to their Medicare coverage. Some of these persons are concerned about the continued availability of employer-sponsored coverage. Premium increases and forecasts for a potential economic slowdown could further erode employer-sponsored...
Cash Balance Plans: Implications for Retirement Income
HEHS-00-207: Published: Sep 29, 2000. Publicly Released: Sep 29, 2000.
Pursuant to a congressional request, GAO provided information on the implications of using cash balance plans for retirement income, focusing on the: (1) prevalence and features of cash balance plans; (2) factors employers considered in making a decision about whether or not to use a cash balance formula; (3) effects of using cash balance formulas on the adequacy of individual workers' retirement...
Social Security Reform: Implications for Private Pensions
HEHS-00-187: Published: Sep 14, 2000. Publicly Released: Sep 14, 2000.
Pursuant to a congressional request, GAO provided information on the interactions between Social Security and private pensions, focusing on the: (1) primary linkages between Social Security and private pensions and the way they interact to provide retirement income for workers and families; (2) effects of traditional Social Security reforms on the structure of employer-sponsored pension plans thro...
Social Security Reform: Information on the Archer-Shaw Proposal
AIMD/HEHS-00-56: Published: Jan 19, 2000. Publicly Released: Feb 4, 2000.
Pursuant to a congressional request, GAO provided information on the Archer-Shaw Social Security reform proposal, focusing on: (1) the extent to which the proposal achieves sustainable solvency and how it would affect the U.S. economy and the federal budget; (2) the balance struck between the twin goals of income adequacy (level and certainty of benefits) and individual equity (rates of return on...
Social Security: The President's Proposal
T-HEHS/AIMD-00-43: Published: Nov 9, 1999. Publicly Released: Nov 9, 1999.
Pursuant to a congressional request, GAO discussed the President's proposal for Social Security financing, focusing on: (1) the extent to which the proposal achieves sustainable solvency and how the proposal would affect the economy and the federal budget; (2) whether the proposal balances individual equity and income adequacy; and (3) how readily changes could be implemented, administered, and ex...
Social Security Reform: Implications of Raising the Retirement Age
HEHS-99-112: Published: Aug 27, 1999. Publicly Released: Aug 27, 1999.
Pursuant to a congressional request, GAO provided information on the potential costs and benefits associated with higher retirement ages, focusing on: (1) Old-Age and Survivors Insurance (OASI) and Disability Insurance (DI) Trust Funds and the Supplemental Security Income (SSI) program; (2) the labor market for older workers; and (3) vulnerable population groups such as blue-collar workers and min...
Social Security: Issues in Comparing Rates of Return With Market Investments
HEHS-99-110: Published: Aug 5, 1999. Publicly Released: Aug 5, 1999.
Pursuant to a congressional request, GAO: (1) examined the estimates of social security's implicit rates of return for different birth years, earning levels, household configurations, and other demographic groupings; (2) examined rates of return available on private market investments; and (3) discussed the issues that arise from comparing social security and market investment returns.GAO noted th...
Social Security Reform: Implications of Private Annuities for Individual Accounts
HEHS-99-160: Published: Jul 30, 1999. Publicly Released: Jul 30, 1999.
Pursuant to a congressional request, GAO provided information on the implications of establishing individual social security accounts, focusing on: (1) the effect individual social security accounts might have on the existing annuities market; (2) factors that affect the amount of annuity payments; and (3) the potential role of the federal government in regulating the annuities market if individua...