Pensions (81 - 90 of 152 items)
Private Pensions: Most Employers That Offer Pensions Use Defined Contribution Plans
GGD-97-1: Published: Oct 3, 1996. Publicly Released: Oct 3, 1996.
Pursuant to a congressional request, GAO provided information on the: (1) numbers and types of pension plans sponsored nationwide by private employers from 1984 to 1993; (2) proportions of total contributions made to these plans by employers and employees; (3) average administrative expense for these plans; and (4) reasons employers sponsor certain types of pension plans.GAO found that: (1) using...
401(k) Pension Plans: Many Take Advantage of Opportunity to Ensure Adequate Retirement Income
HEHS-96-176: Published: Aug 2, 1996. Publicly Released: Aug 2, 1996.
Pursuant to a congressional request, GAO provided information on 401(k) pension plans, focusing on: (1) the proportion of workers covered by 401(k) pension plans; (2) workers' contributions to their 401(k) pension plans; and (3) how workers invest their pension account balances.GAO found that: (1) half of all workers and nearly two-thirds of workers nearing retirement age are covered by a pension...
[Comments on Due Date and Amount of District of Columbia's Contributions to Special Employee Retirement Funds]
B-271304: Published: Mar 19, 1996. Publicly Released: Mar 19, 1996.
The District of Columbia Chief Financial Officer requested a decision on when the first and second quarter contributions to the Police Officers and Fire Fighters Retirement Fund, the Teachers Retirement Fund, and the Judges Retirement Fund are due and the amount of these contributions. GAO held that the: (1) District of Columbia's first and second quarter payments were due no later than October 31...
Federal Pensions: Thrift Savings Plan Has Key Role in Retirement Benefits
HEHS-96-1: Published: Oct 19, 1995. Publicly Released: Nov 20, 1995.
Pursuant to a congressional request, GAO provided information on the Federal Employee Retirement System (FERS), focusing on: (1) the extent to which employees under FERS voluntarily contribute to the Thrift Savings Plan (TSP); (2) how well TSP educational materials address the importance of employee participation; and (3) whether there should be additional TSP investment options.GAO found that: (1...
Thrift Savings Plan
HEHS-96-66R: Published: Nov 14, 1995. Publicly Released: Nov 14, 1995.
Pursuant to a congressional request, GAO reviewed: (1) why Congress replaced the Civil Service Retirement System (CSRS) with the Federal Employees Retirement System (FERS); and (2) the Federal Retirement Thrift Investment Board's response to the GAO recommendation concerning the inclusion of participant information on contributions to Thrift Savings Plan (TSP) retirement accounts. GAO noted that:...
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...
[Comments on Air Force Member's Widow's Claim for RSFPP Annuity]
B-252194: Published: Sep 7, 1993. Publicly Released: Sep 7, 1993.
No summary is currently available...
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...
Small Pension Plans: Concerns About the IRS Actuarial Audit Program
HRD-93-64: Published: Jun 30, 1993. Publicly Released: Jun 30, 1993.
Pursuant to a congressional request, GAO analyzed the impact of the Internal Revenue Service's (IRS) Actuarial Audit Program on small business sponsors of defined benefit pension plans.GAO found that: (1) IRS initiated its small pension plan audit program to identify abusive tax practices; (2) IRS did not address issues and questions needing immediate resolution when it initiated the program or pr...
Private Pensions: Protections for Retirees' Insurance Annuities Can Be Strengthened
HRD-93-29: Published: Mar 31, 1993. Publicly Released: Apr 22, 1993.
Pursuant to a congressional request, GAO reviewed the adequacy of protections for retirees' insurance annuities, focusing on: (1) state guarantee coverage of insurance annuities retirees receive from private pension plans; (2) federal regulation and oversight of private pension plans' selection of insurers to provide annuity benefits; and (3) options for improving annuity protections.GAO found tha...