Annual Report Required by District of Columbia Retirement Reform Act, as Amended

GGD-85-41: Published: Mar 22, 1985. Publicly Released: Mar 22, 1985.

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Pursuant to the provisions of the District of Columbia Retirement Reform Act, GAO reviewed a report prepared by an actuarial firm on the disability retirement rate of District police officers and fire fighters. The firm was to determine whether the 1984 disability retirement rate exceeded 8/10 of 1 percent.

GAO determined that: (1) the report met the requirements of the act; (2) the firm reported that the disability rate for District police officers and fire fighters was .366 percent; and (3) since the disability rate was less than 8/10 of 1 percent, no reduction in the fiscal year 1986 payment to the District was required.

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