Federal Pensions: Judicial Survivors' Annuities System Costs for 2008 to 2010

United States. Government Accountability Office.

United States. Government Accountability Office.

关键词: Government accountability -- United States.;    justice and law enforcement;    retirement security;    government operations;    federal pensions;   

RP-ID  :  GAO-13-236
RP-ID  :  652283

美国|英语

来源: UNT Digital Library

【 摘 要 】

A letter report issued by the Government Accountability Office with an abstract that begins "GAO found that for the 2008 to 2010 time frame covered by this review, the participating judges' share of normal cost was, on average, about 41 percent of the Judicial Survivors' Annuities System (JSAS) total normal costs, and the federal government's share of normal cost was about 59 percent of JSAS total normal costs. The federal government's share of JSAS normal costs increased over the years included in GAO's review, from approximately 53 percent in plan year 2008, to 61 percent in plan year 2009, and to approximately 64 percent in plan year 2010. The increase was a result of (1) less favorable actual economic and demographic outcomes over this period than predicted by the actuarial assumptions and (2) changes in actuarial assumptions regarding future economic and demographic outcomes."