Social security benefits (71 - 80 of 100 items)
Social Security Funds: Additional Measures Could More Fully Indicate the System's Financial Condition
PEMD-88-11: Published: Feb 5, 1988. Publicly Released: Feb 5, 1988.
GAO developed actuarial measures that the Social Security Administration (SSA) could use to document the financial condition of the combined Old-Age Survivors and Disability Insurance (OASDI) Trust Fund.GAO found that: (1) the 1987 SSA trustees' report to Congress indicated that the OASDI Trust Fund was in close actuarial balance, since expenditures were within 5 percent of income averaged over th...
Social Security: Payment Accuracy Rates Are Overstated
HRD-88-10: Published: Oct 29, 1987. Publicly Released: Oct 29, 1987.
GAO examined the Social Security Administration's (SSA) Retirement and Survivors Insurance (RSI) program, to determine the: (1) adequacy of SSA payment measurement procedures; (2) accuracy of error rates annually reported for the program; and (3) effects of errors on beneficiaries.GAO found that: (1) although the processes SSA used to measure errors and determine payment accuracy rates were adequa...
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: Federal Financial Involvement
HRD-86-88: Published: May 9, 1986. Publicly Released: Jun 7, 1986.
Pursuant to a congressional request, GAO: (1) presented an inventory and description of past and present federal financial assistance to the Railroad Retirement Board (RRB) retirement and unemployment programs; and (2) showed how much assistance would be needed under current laws to continue the federal government's unique relationship with these programs.GAO found that: (1) federal government inv...
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...
Retirement Benefits: Discrepancies in Benefits Paid by the Railroad Retirement Board for SSA
HRD-86-3: Published: Feb 5, 1986. Publicly Released: Feb 5, 1986.
GAO surveyed 17 different types of data exchanges between the Railroad Retirement Board (RRB) and the Social Security Administration (SSA), focusing on the benefit payments that RRB made on behalf of SSA.GAO found that, although RRB and SSA developed a monitoring system (CSAUDIT) to verify the accuracy of payments RRB made on behalf of SSA to beneficiaries entitled to both railroad retirement and...
Proposed Civil Service Supplemental Retirement System
128278: Oct 28, 1985
GAO presented its views on the proposed Civil Service Supplemental Retirement System, which combines social security, a defined benefit pension plan, and a thrift plan. This approach and the provisions of the thrift plan portion of the proposed program are consistent with prevailing provisions in the private sector; however, other aspects of the plan differ from private sector programs. GAO found...
Retirement Before Age 65 Is a Growing Trend in the Private Sector
HRD-85-81: Published: Jul 15, 1985. Publicly Released: Jul 15, 1985.
In response to a congressional request, GAO provided information on private sector retirement patterns concerning: (1) the extent people are receiving private pension income before they are 65 years old; (2) if there has been a growing trend in the receipt of early private pension income; and (3) the extent early private pension receipt is due to disabilities or health problems.GAO found that abou...
The Design of a New Retirement Program for Federal Employees Covered by Social Security
126600: Apr 2, 1985
Testimony was given concerning GAO work as it relates to the design of a new retirement program for federal employees covered by social security. GAO has obtained information on nonfederal retirement programs, and these plans generally involve: (1) vesting at 10 years; (2) no employee contributions; (3) early retirement with reduced benefits; (4) benefits based on the highest 5-year average salary...
Benefit Levels of Nonfederal Retirement Programs
GGD-85-30: Published: Feb 26, 1985. Publicly Released: Feb 26, 1985.
In response to a congressional request, GAO prepared information on retirement programs in the nonfederal sector by estimating the levels of benefits at retirement that selected nonfederal programs provide to employees by age, years of service, and salary levels.GAO found that benefit formulas for nonfederal pension plans vary considerably; therefore, it calculated the benefit amounts produced by...