Retirees (41 - 50 of 83 items)
Military Retirees' Health Care: Costs and Other Implications of Options to Enhance Older Retirees' Benefits
HEHS-97-134: Published: Jun 20, 1997. Publicly Released: Jun 20, 1997.
Pursuant to a congressional request, GAO provided information on various proposals that have been made to enhance older retirees' Department of Defense (DOD) health care benefits, including: (1) enrolling Medicare-eligible retirees in TRICARE Prime, TRICARE's health maintenance organization (HMO), and paying for their care with Medicare funds, referred to as Medicare subvention; (2) using DOD fund...
HEHS-95-136R: Published: Apr 27, 1995. Publicly Released: May 11, 1995.
Pursuant to a congressional request, GAO provided information on: (1) the methodology the Department of Defense (DOD) used to prepare its report to Congress on concurrent receipt of DOD retirement benefits and Department of Veterans Affairs (VA) disability compensation; and (2) estimated 1-year outlays if Congress allowed concurrent receipt for a limited group of retirees. GAO noted that: (1) DOD...
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...
Social Security: GAO's Analysis of the Notch Issue
T-HEHS-94-236: Published: Sep 16, 1994. Publicly Released: Sep 16, 1994.
GAO discussed the differences in Social Security benefits for retirees with similar work histories. GAO noted that: (1) retirees in the notch group who claim an inequity are comparing themselves to a group of retirees that receive benefits based on an overgenerous formula; (2) proposed legislative remedies for providing additional benefits to the notch group will be costly; (3) further diminishing...
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...
Retiree Health Plans: Health Benefits Not Secure Under Employer-Based System
HRD-93-125: Published: Jul 9, 1993. Publicly Released: Jul 9, 1993.
Pursuant to a congressional request, GAO provided information on private-sector employers' reductions of retiree health benefits, focusing on the: (1) type of benefit reductions; (2) impact of Financial Accounting Standard (FAS) 106; and (3) federal courts' basis for allowing employers to reduce retiree health benefits.GAO found that: (1) employers are controlling retiree health benefit costs by i...
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...
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...
Employee Benefits: Effect of Bankruptcy on Retiree Health Benefits
HRD-91-115: Published: Aug 30, 1991. Publicly Released: Sep 25, 1991.
Pursuant to a congressional request, GAO provided information on the effect of employer bankruptcy on retiree health benefits, focusing on: (1) selected bankrupt companies' continued provision of health benefits to their retirees; (2) the extent to which legislation has helped protect retiree health benefits; and (3) effects of bankruptcy on active workers and retirees in company health plans when...
Insurance Company Failures Threaten Retirement Income
T-HRD-91-41: Published: Jun 27, 1991. Publicly Released: Jun 27, 1991.
GAO discussed the impact of insurance company failures on pension plan incomes, focusing on what happens when pension plans purchase insurance annuities and invest funds through insurance companies. GAO noted that: (1) pension plans have purchased annuities for 3 million to 4 million retirees and have invested about a third of all pension assets with insurance companies; (2) between January 1975 a...