B-130150:
Published: Jul 1, 1980. Publicly Released: Jul 1, 1980.
GAO has long been concerned about the equity and costs of the Government's policy of full, automatic cost-of-living increases for Federal civilian and military retirees. GAO was pleased to see that the First Concurrent Budget Resolution for fiscal year 1981 assumed enactment of its recommendations to Congress to provide retirement cost-of-living adjustments annually and prorate the initial adjustm...