Annual Report Required by the District of Columbia Retirement Reform Act
GGD-96-95: Published: Mar 29, 1996. Publicly Released: Mar 29, 1996.
- Full Report:
Pursuant to a legislative requirement, GAO commented on the disability retirement rate of District of Columbia police officers and firefighters.
GAO found that: (1) the number of District police officers and firefighters hired before February 15, 1980, who retired on disability during 1995 represented 0.503 percent of all active duty police officers and firefighters hired before February 15, 1980; (2) the rate was less than the 0.8-percent threshold for reducing the annual federal payment to the retirement fund; (3) the enrolled actuary's determination of the disability retirement rate met the act's requirements in all material respects; and (4) no reduction is required in the fiscal year 1997 federal payment to the District's Police Officers and Fire Fighters Retirement Fund.