Annual Report Required by the District of Columbia Retirement Reform Act
GGD-93-81: Published: Mar 31, 1993. Publicly Released: Mar 31, 1993.
- Full Report:
Pursuant to a legislative requirement, GAO commented on a report on the disability retirement rate for District of Columbia police officers and fire fighters hired before 1980, focusing on whether: (1) the 1992 disability rate exceeded eight-tenths of one percent; and (2) the report met the legislative reporting requirements.
GAO found that: (1) of the 1800 active police officers and 626 firefighters hired before 1980, 6 police officers and 10 fire fighters had retired on disability; (2) the actuary report was accurate and fulfilled all the material reporting requirements; and (3) no reduction is required in the fiscal year 1994 federal payment to the District's Police Officers and Fire Fighters' Retirement Fund.