Federal Retirement:
Use of Contractors to Implement the Federal Employees Retirement System
GGD-89-29: Published: Feb 1, 1989. Publicly Released: Feb 1, 1989.
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In response to a congressional request, GAO examined the Office of Personnel Management's (OPM), the Social Security Administration's (SSA), and the Federal Retirement Thrift Investment Board's (FRTIB) use of contractors and costs incurred to implement the Federal Employees Retirement System Act of 1986 (FERS).
GAO found that: (1) OPM paid a total of $3.8 million to contractors and other federal agencies to develop and print information to help employees understand and compare FERS and the Civil Service Retirement System; (2) OPM also planned to design and implement an automated FERS recordkeeping system; (3) SSA paid, through the Government Printing Office, an estimated $621,506 for the design, printing, and processing of forms for an automated system to respond to employee requests regarding social security earnings and coverage; and (4) FRTIB paid a total of $14.6 million to contractors and other federal agencies primarily to develop and operate an automated recordkeeping system, and to prepare, print, and distribute materials and forms. GAO believes that the agencies' approaches were appropriate, since the agencies: (1) lacked adequate or capable staffs to provide the required products and services; (2) needed some of the services and products on a one-time-only basis; and (3) were restricted from doing large-volume printing in-house.
Feb 24, 2021
Financial Services:
Fair Lending, Access, and Retirement SecurityGAO-21-399T: Published: Feb 24, 2021. Publicly Released: Feb 24, 2021.
Jan 19, 2021
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Elder Justice:
HHS Could Do More to Encourage State Reporting on the Costs of Financial ExploitationGAO-21-90: Published: Dec 18, 2020. Publicly Released: Jan 19, 2021.
Oct 30, 2020
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Retirement Security:
Other Countries' Experiences with Caregiver PoliciesGAO-20-623: Published: Sep 30, 2020. Publicly Released: Oct 30, 2020.
Sep 24, 2020
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Retirement Security:
Older Women Report Facing a Financially Uncertain FutureGAO-20-718T: Published: Sep 24, 2020. Publicly Released: Sep 24, 2020.
Aug 28, 2020
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Retirement Security:
DOL Could Better Inform Divorcing Parties About Dividing SavingsGAO-20-541: Published: Jul 31, 2020. Publicly Released: Aug 28, 2020.
Aug 13, 2020
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Retirement Security:
Older Women Report Facing a Financially Uncertain FutureGAO-20-435: Published: Jul 14, 2020. Publicly Released: Aug 13, 2020.
Jun 16, 2020
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Retirement Security:
BLS Should Explore Ways to Improve the Accuracy, Timeliness, and Relevance of Its Cost-of-Living MeasurementsGAO-20-422: Published: Jun 16, 2020. Publicly Released: Jun 16, 2020.
Feb 27, 2020
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Private Pensions:
IRS and DOL Should Strengthen Oversight of Executive Retirement PlansGAO-20-70: Published: Jan 28, 2020. Publicly Released: Feb 27, 2020.
Jan 9, 2020
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Social Security Disability:
Action Needed to Help Agency Staff Understand and Follow Policies Related to Prescription Opioid MisuseGAO-20-120: Published: Jan 9, 2020. Publicly Released: Jan 9, 2020.
Dec 18, 2019
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Capitol Police:
Potential Effects of Raising the Mandatory Retirement AgeGAO-20-137R: Published: Dec 18, 2019. Publicly Released: Dec 18, 2019.
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