D.C. Disability Retirement Rate
GGD-95-133: Published: Mar 31, 1995. Publicly Released: Mar 31, 1995.
- Full Report:
Pursuant to a legislative requirement, GAO commented on the computed disability retirement rate for District of Columbia police officers and fire fighters.
GAO found that: (1) 11 police officers hired before February 15, 1980, retired on disability in 1994; (2) the enrolled actuary determined that the disability retirement rate should be 0.554 percent; (3) the rate determination complied, in all material aspects, with the legislative requirements; and (4) no reduction is required in the fiscal year 1996 federal payment to the Police Officers and Fire Fighters' Retirement Fund.