Retirees (31 - 39 of 39 items)
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...
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...
Issues Concerning Social Security Benefits Paid to Aliens
HRD-83-32: Published: Mar 24, 1983. Publicly Released: Mar 24, 1983.
In response to a congressional request, GAO examined the circumstances under which social security benefits are paid to alien retirees and their dependents living abroad and discussed the characteristics of this beneficiary group. GAO also presented information concerning aliens who, while working in violation of the Immigration and Nationality Act, can earn social security credits.GAO found that...
Demographic and Economic Characteristics of Social Security Retiree Families
HRD-82-131: Published: Sep 28, 1982. Publicly Released: Oct 8, 1982.
GAO developed demographic and financial data on newly entitled social security retiree families as a backdrop against which proposals to limit or curtail benefits to the spouses and dependent children of future retirees could be examined.GAO found that a higher percentage of workers are retiring early, at age 62 to 64, now than in the past. In 1965, early retirees accounted for 66 percent of all n...
Social Security Benefit Increases for Inflation May Leave Many Retirees Worse Off Financially
HRD-82-40: Published: Jul 2, 1982. Publicly Released: Jul 2, 1982.
GAO was asked to examine the net effects of the 1980 and 1981 annual social security benefit increases on the amount of discretionary income of Hawaiian retirees after they had paid for their basic food, shelter, and medical care needs.GAO found that, in all simulated cases, the amount of real discretionary purchasing power that retirees had after paying for basic necessities had declined. The amo...
A CPI for Retirees Is Not Needed Now but Could Be in the Future
GGD-82-41: Published: Jun 1, 1982. Publicly Released: Jun 1, 1982.
GAO reviewed the need for a retirees' Consumer Price Index (CPI) to aid Congress and others in deliberations regarding possible actions to maintain the financial stability of retirement programs.GAO found that the use of a workers' index to trigger cost-of-living adjustments for the beneficiaries of the four major federal retirement programs had placed an extra financial strain on those programs....
Cost-of-Living Increases for Federal Civilian and Military Retirees
B-130150: Published: Jul 1, 1980. Publicly Released: Jul 1, 1980.
GAO has long been concerned about the equity and costs of the Government's policy of full, automatic cost-of-living increases for Federal civilian and military retirees. GAO was pleased to see that the First Concurrent Budget Resolution for fiscal year 1981 assumed enactment of its recommendations to Congress to provide retirement cost-of-living adjustments annually and prorate the initial adjustm...
Some Civil Service Retirees Subject to 'Catch 62' Are Not Being Identified
FPCD-80-47: Published: Apr 22, 1980. Publicly Released: Apr 22, 1980.
In reviewing the "Catch 62" provision of the civil service retirement system whereby military service performed after 1956 cannot be credited for both civil service and social security retirement benefits, GAO identified some administrative problems which could be readily corrected. Under current law, if a civil service retiree becomes eligible for social security benefits at age 62, the Office of...