Retirement Security:

GAO Aging Activities in Fiscal Year 1984

HRD-85-27: Published: Nov 30, 1984. Publicly Released: Nov 30, 1984.

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Pursuant to a congressional request, GAO reported on its fiscal year (FY) 1984 activities regarding older Americans.

As of September 30, 1984, GAO had issued 41 reports, 22 of which contained summary information, and was involved in 72 assignments concerning the elderly. At the end of FY 1984, 40.5 percent of the GAO workforce was age 40 or over. GAO employment policies prohibit age discrimination, and GAO continues to provide individual retirement counseling and preretirement seminars. The seminars and counseling are intended to assist employees in: (1) calculating retirement income available through the civil service and social security systems and in understanding options involving age, grade, and years of service; (2) understanding health insurance and survivor benefit plans; (3) acquiring information helpful in planning a realistic budget based on income, tax obligations, and benefits and in making legal decisions; (4) gaining insight and perspective on adjusting to retirement; (5) increasing awareness of the community resources which might support preretirement planning, second careers, and financial planning; and (6) increasing awareness of lifestyle options during the transition from work to retirement.

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