[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.
- Full Report:
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, 1995 and January 1, 1996, respectively; (2) amount of the contribution due for each quarter was one quarter of the amount certified for fiscal year 1996; and (3) District of Columbia was liable for the contributions despite its variable appropriations.