Contractor Pension Plan Costs: More Control Could Save Department of Defense Millions
PSAD-77-100
Published: May 19, 1977. Publicly Released: May 19, 1977.
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Highlights
The government incurred pension plan costs that were inequitable and too high because the Department of Defense (DOD) permitted actuarial assumptions or unjustified changes in actuarial cost methods.
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Contract oversightCost accountingEmployee benefit plansMilitary cost controlPensionsMilitary forcesGovernment contractsContract administrationAccounting standardsParticipation rates