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Tag Archives: pension
GAO’s 2019 High-Risk List Update
Today we released our 2019 High Risk List, which includes 35 areas that we consider to be at high risk for waste, fraud, abuse, or mismanagement, or in need of transformation. Since our 2017 report, the rankings for more than … Continue reading
Posted in About GAO, High Risk List
Tagged census, Chris Mihm, cybersecurity, Department of Veterans Affairs, fraud waste abuse, high risk, housing finance, human capital, improper payments, IT acquisitions, pension, security clearance, Shelby Oakley, SI, supply management, tax gap, VA health care, weather satellites
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Reevaluating the Retirement System
How do you picture your retirement years? Spending time with your family? Maybe traveling a little? Everyone has dreams about what they want their post-work lives to be like, but for an increasing number of Americans, those dreams are receding … Continue reading
Posted in Collections, Retirement Security, Video
Tagged 401(k), Charles Jeszeck, EWIS, health care, pension, retirement, retirement savings, retirement security, Social Security
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Shedding Light on Tennessee Valley Authority Debt
On this date in 1933, President Franklin D. Roosevelt signed the law that brought the Tennessee Valley Authority into existence. It is now the country’s largest public power provider, delivering electricity to more than 9 million people. The electric utility … Continue reading
Posted in Energy
Tagged energy, FDR, Frank Rusco, NRE, nuclear, pension, Tennessee Valley Authority, TVA
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National Save for Retirement Week
The U.S. population is changing and so is retirement. Boomers are aging, traditional pensions are shifting to voluntary contribution plans, and Social Security faces important financial challenges. Planning—and saving—for retirement is more important than ever. For National Save for Retirement … Continue reading
Join Our AskGAOLive Chat on Retirement Savings, Monday June 29th
Retirement is around the corner for the Baby Boom generation. However, changes in pension plans and uncertainty about the future of Social Security raise questions about whether this and other generations of Americans are saving enough to retire.
Podcast on Americans’ Retirement Security
As baby boomers move into retirement age, their retirement security is getting a lot of attention, due to longer life expectancies, private-sector pension changes, and uncertainty about Social Security’s long-term fiscal condition.
Posted in Podcast, Retirement Security
Tagged baby boomer, defined benefit, defined contribution plan, EWIS, pension, retirement, savings, Social Security
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Questionable Business Practices and Pension Advances
Pensions, in addition to Social Security, are what allow millions of middle-class retirees to maintain a reasonable standard of living. Any loss of pension benefits (partial or otherwise) can significantly affect a retiree’s ability to pay monthly living expenses, medical … Continue reading