D.C. Pension Benefits:

Comparison With Selected State and Local Government Pension Plans

HRD-94-18: Published: Nov 4, 1993. Publicly Released: Nov 4, 1993.

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

Pursuant to a congressional request, GAO reviewed: (1) the District of Columbia's retirement plans for police officers, firefighters, teachers, and judges; (2) the comparative costs and benefits of the District's retirement plans with similar plans nationwide; (3) the cost-of-living adjustment provisions of the District's retirement plans; and (4) pension funding alternatives to eliminate the District's unfunded pension liability.

GAO found that: (1) the District's retirement plans for police officers, firefighters, teachers, and judges generally provide benefits comparable to other public retirement plans; (2) District police officers, firefighters,and judges receive pensions that are slightly higher than the average provided by similar plans; (3) District teachers' pensions are slightly lower than the average provided by similar plans; (4) the District's cost-of-living adjustment provision is more generous than the cost-of-living provisions of other plans; and (5) the District increases its retirement annuities twice a year in accordance with the increase in the consumer price index.

Jul 7, 2014

Jun 16, 2014

May 27, 2014

Apr 21, 2014

Mar 5, 2014

Feb 26, 2014

Dec 27, 2013

Dec 17, 2013

Dec 16, 2013

Looking for more? Browse all our products here