Analysis of Grace Commission Proposals to Change the Civil Service Retirement System

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Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781721282531
Total Pages : 34 pages
Book Rating : 4.2/5 (825 download)

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Book Synopsis Analysis of Grace Commission Proposals to Change the Civil Service Retirement System by : United States Accounting Office (GAO)

Download or read book Analysis of Grace Commission Proposals to Change the Civil Service Retirement System written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-06-24 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analysis of Grace Commission Proposals To Change the Civil Service Retirement System

Analysis of Grace Commission Proposals to Change the Civil Service Retirement System

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Publisher :
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Analysis of Grace Commission Proposals to Change the Civil Service Retirement System by : United States. General Accounting Office

Download or read book Analysis of Grace Commission Proposals to Change the Civil Service Retirement System written by United States. General Accounting Office and published by . This book was released on 1985 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Analysis of Grace Commission Proposals to Change the Civil Service Retirement System

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Publisher :
ISBN 13 :
Total Pages : 17 pages
Book Rating : 4.:/5 (64 download)

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Book Synopsis Analysis of Grace Commission Proposals to Change the Civil Service Retirement System by :

Download or read book Analysis of Grace Commission Proposals to Change the Civil Service Retirement System written by and published by . This book was released on 1985 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pursuant to a congressional request, GAO analyzed the recommendations made by the Private Sector Survey on Cost Control, commonly referred to as the Grace Commission, to change the civil service retirement system. The Commission concluded that the cost and benefit levels of the civil service retirement system are much greater than private sector retirement programs. Generally, the Commission's recommendations were presented as a means by which the federal retirement system could be made comparable to private sector pension plans, and it estimated a savings of $43 billion on a present value basis if all of its recommendations are implemented. GAO stated that, in many respects, the Commission's recommendations are representative of private sector plan features. However, the Commission's proposals do not include a capital accumulation plan, which is a major element of private sector retirement programs. Without such a plan, adoption of the recommendations would result in lower benefits for federal employees than are typically provided to private sector employees. GAO found that, for many of its recommendations, the Commission overstated the level of savings which could be achieved. Some of the recommendations would reduce the value of benefits which employees have already accrued, and two of the recommendations would reduce benefit amounts now being paid to many retirees. If enacted, these benefit reductions could be questioned in the courts.

Retirement Security

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Author :
Publisher : BiblioGov
ISBN 13 : 9781289029838
Total Pages : 26 pages
Book Rating : 4.0/5 (298 download)

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Book Synopsis Retirement Security by : U S Government Accountability Office (G

Download or read book Retirement Security written by U S Government Accountability Office (G and published by BiblioGov. This book was released on 2013-06 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pursuant to a congressional request, GAO analyzed the recommendations made by the Private Sector Survey on Cost Control, commonly referred to as the Grace Commission, to change the civil service retirement system. The Commission concluded that the cost and benefit levels of the civil service retirement system are much greater than private sector retirement programs. Generally, the Commission's recommendations were presented as a means by which the federal retirement system could be made comparable to private sector pension plans, and it estimated a savings of $43 billion on a present value basis if all of its recommendations are implemented. GAO stated that, in many respects, the Commission's recommendations are representative of private sector plan features. However, the Commission's proposals do not include a capital accumulation plan, which is a major element of private sector retirement programs. Without such a plan, adoption of the recommendations would result in lower benefits for federal employees than are typically provided to private sector employees. GAO found that, for many of its recommendations, the Commission overstated the level of savings which could be achieved. Some of the recommendations would reduce the value of benefits which employees have already accrued, and two of the recommendations would reduce benefit amounts now being paid to many retirees. If enacted, these benefit reductions could be questioned in the courts.

Analysis of the Grace Commission's Major Proposals for Cost Control

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Publisher :
ISBN 13 :
Total Pages : 420 pages
Book Rating : 4.3/5 (121 download)

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Book Synopsis Analysis of the Grace Commission's Major Proposals for Cost Control by :

Download or read book Analysis of the Grace Commission's Major Proposals for Cost Control written by and published by . This book was released on 1984 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Monthly Catalog of United States Government Publications

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Publisher :
ISBN 13 :
Total Pages : 1320 pages
Book Rating : 4.:/5 (891 download)

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Book Synopsis Monthly Catalog of United States Government Publications by :

Download or read book Monthly Catalog of United States Government Publications written by and published by . This book was released on with total page 1320 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Monthly Catalogue, United States Public Documents

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Publisher :
ISBN 13 :
Total Pages : 1028 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Monthly Catalogue, United States Public Documents by :

Download or read book Monthly Catalogue, United States Public Documents written by and published by . This book was released on 1990-03 with total page 1028 pages. Available in PDF, EPUB and Kindle. Book excerpt:

GAO Documents

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ISBN 13 :
Total Pages : 496 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis GAO Documents by : United States. General Accounting Office

Download or read book GAO Documents written by United States. General Accounting Office and published by . This book was released on 1985 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: Catalog of reports, decisions and opinions, testimonies and speeches.

Compendium of GAO's Views on the Cost Saving Proposals of the Grace Commission

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Publisher :
ISBN 13 :
Total Pages : 102 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Compendium of GAO's Views on the Cost Saving Proposals of the Grace Commission by : United States. General Accounting Office

Download or read book Compendium of GAO's Views on the Cost Saving Proposals of the Grace Commission written by United States. General Accounting Office and published by . This book was released on 1985 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: In response to a congressional request, GAO examined issues studied and recommendations made by the President's Private Sector Survey on Cost Control, better known as the Grace Commission, to determine whether: (1) the issues and recommendations made on program management and cost control had merit; (2) legislation would be necessary to implement the recommendations; (3) implementation efforts were completely underway; and (4) the savings estimates were realistic. GAO found that many of the issues studied and recommendations made by the Commission had overall merit and that, while many have already been implemented by legislative or administrative action, many more require additional legislative action to be fully implemented. However, GAO questioned the accuracy of many of the associated savings estimates, found flaws in the methodology used to develop some of the estimates, and found that the description of the methodology used in some estimates was insufficient to allow an assessment of its validity. In most of the instances where GAO questioned the methodology used, it believed that the savings were overstated. GAO supported management improvement issues more frequently than policy-oriented issues; however, policy-oriented issues constitute a large portion of the total estimated savings. GAO does not support restructuring federal subsidy programs and fixing federal health care costs to a percentage of the gross national product, and it disagreed with selected aspects of recommendations to reduce civilian and military retirement benefits. GAO support was most extensive in the areas aimed at strengthening federal management systems, federal automatic data processing operations, federal credit and cash management efforts, and civilian procurement and property management activities. GAO has made similar or related recommendations in nearly half of the areas in which it agreed with the Commission. Additional legislative action would be necessary to fully implement approximately half of the recommendations analyzed.

Publications issued

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Publisher :
ISBN 13 :
Total Pages : 68 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Publications issued by : United States. General Accounting Office. Office of Public Information

Download or read book Publications issued written by United States. General Accounting Office. Office of Public Information and published by . This book was released on 1985 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Oversight of the Grace Commission's Procurement Recommendations

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Publisher :
ISBN 13 :
Total Pages : 604 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Oversight of the Grace Commission's Procurement Recommendations by : United States. Congress. Senate. Committee on Governmental Affairs. Subcommittee on Oversight of Government Management

Download or read book Oversight of the Grace Commission's Procurement Recommendations written by United States. Congress. Senate. Committee on Governmental Affairs. Subcommittee on Oversight of Government Management and published by . This book was released on 1985 with total page 604 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Publications List

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Publisher :
ISBN 13 :
Total Pages : 232 pages
Book Rating : 4.:/5 (3 download)

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Book Synopsis Publications List by : United States. General Accounting Office

Download or read book Publications List written by United States. General Accounting Office and published by . This book was released on 1984 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Impact of the FY 1986 Budget Proposals on the State of Indiana

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ISBN 13 :
Total Pages : 944 pages
Book Rating : 4.:/5 (327 download)

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Book Synopsis Economic Impact of the FY 1986 Budget Proposals on the State of Indiana by : United States. Congress. Senate. Committee on the Budget

Download or read book Economic Impact of the FY 1986 Budget Proposals on the State of Indiana written by United States. Congress. Senate. Committee on the Budget and published by . This book was released on 1985 with total page 944 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Impact of Budget Proposals on Income Maintenance Programs, Trade and Economic Policy, State and Local Issues

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Publisher :
ISBN 13 :
Total Pages : 268 pages
Book Rating : 4.3/5 (121 download)

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Book Synopsis Impact of Budget Proposals on Income Maintenance Programs, Trade and Economic Policy, State and Local Issues by : United States. Congress. House. Committee on the Budget

Download or read book Impact of Budget Proposals on Income Maintenance Programs, Trade and Economic Policy, State and Local Issues written by United States. Congress. House. Committee on the Budget and published by . This book was released on 1985 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Compendium of GAO's Views on the Cost Saving Proposals of the Grace Commission: Individual issue analyses

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Publisher :
ISBN 13 :
Total Pages : 1320 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Compendium of GAO's Views on the Cost Saving Proposals of the Grace Commission: Individual issue analyses by : United States. General Accounting Office

Download or read book Compendium of GAO's Views on the Cost Saving Proposals of the Grace Commission: Individual issue analyses written by United States. General Accounting Office and published by . This book was released on 1985 with total page 1320 pages. Available in PDF, EPUB and Kindle. Book excerpt: In response to a congressional request, GAO examined issues studied and recommendations made by the President's Private Sector Survey on Cost Control, better known as the Grace Commission, to determine whether: (1) the issues and recommendations made on program management and cost control had merit; (2) legislation would be necessary to implement the recommendations; (3) implementation efforts were completely underway; and (4) the savings estimates were realistic. GAO found that many of the issues studied and recommendations made by the Commission had overall merit and that, while many have already been implemented by legislative or administrative action, many more require additional legislative action to be fully implemented. However, GAO questioned the accuracy of many of the associated savings estimates, found flaws in the methodology used to develop some of the estimates, and found that the description of the methodology used in some estimates was insufficient to allow an assessment of its validity. In most of the instances where GAO questioned the methodology used, it believed that the savings were overstated. GAO supported management improvement issues more frequently than policy-oriented issues; however, policy-oriented issues constitute a large portion of the total estimated savings. GAO does not support restructuring federal subsidy programs and fixing federal health care costs to a percentage of the gross national product, and it disagreed with selected aspects of recommendations to reduce civilian and military retirement benefits. GAO support was most extensive in the areas aimed at strengthening federal management systems, federal automatic data processing operations, federal credit and cash management efforts, and civilian procurement and property management activities. GAO has made similar or related recommendations in nearly half of the areas in which it agreed with the Commission. Additional legislative action would be necessary to fully implement approximately half of the recommendations analyzed.

BNA Pension Reporter

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Publisher :
ISBN 13 :
Total Pages : 946 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis BNA Pension Reporter by :

Download or read book BNA Pension Reporter written by and published by . This book was released on 1987 with total page 946 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Postal pension funding reform review of military service funding proposals.

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Author :
Publisher : DIANE Publishing
ISBN 13 : 1428942793
Total Pages : 54 pages
Book Rating : 4.4/5 (289 download)

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Book Synopsis Postal pension funding reform review of military service funding proposals. by :

Download or read book Postal pension funding reform review of military service funding proposals. written by and published by DIANE Publishing. This book was released on with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: