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Contractor Pension Plan Costs

Contractor Pension Plan Costs PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Defense contracts
Languages : en
Pages : 104

Book Description

Contractor Pension Plan Costs

Contractor Pension Plan Costs PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Defense contracts
Languages : en
Pages : 104

Book Description

Pension Costs

Pension Costs PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Government contractors
Languages : en
Pages : 24

Book Description

Pension Losses of Contractor Employees at Federal Installations Can be Reduced

Pension Losses of Contractor Employees at Federal Installations Can be Reduced PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Contract labor
Languages : en
Pages : 60

Book Description

Contractor Pension Plan Costs

Contractor Pension Plan Costs PDF Author: United States Accounting Office (GAO)
Publisher: Createspace Independent Publishing Platform
ISBN: 9781721529759
Category :
Languages : en
Pages : 100

Book Description
Contractor Pension Plan Costs: More Control Could Save Department of Defense Millions

Contractor Pension Plan Costs

Contractor Pension Plan Costs PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Pensions
Languages : en
Pages : 83

Book Description

Pension costs on DOD contracts

Pension costs on DOD contracts PDF Author: United States. Government Accountability Office
Publisher:
ISBN:
Category : Defense contracts
Languages : en
Pages : 57

Book Description

Pension Costs on Dod Contracts

Pension Costs on Dod Contracts PDF Author: U.s. Government Accountability Office
Publisher: Createspace Independent Publishing Platform
ISBN: 9781974199808
Category :
Languages : en
Pages : 62

Book Description
" DOD contractors are among the largest sponsors of defined benefit pension plans in the United States and factor pension costs into the price of DOD contracts. Since the 2008 market downturn, these pension costs have grown-thereby increasing DOD contract costs-and recent changes in rules for calculating pension costs have raised the prospect of further cost increases. Given this possibility, GAO assessed how (1) contractor pension costs are determined; (2) DOD ensures the contractor pension costs it pays are appropriate; (3) DOD contractors' defined benefit pension plans compare with plans sponsored by similar companies; (4) pension costs have affected DOD contract costs and the factors that contributed to these pension costs; and (5) the harmonization of CAS with ERISA will affect the amounts DOD will pay in pension costs in coming years. To do this, GAO analyzed defined benefit pension plans for the largest contractors; interviewed contractor and DOD officials; and reviewed relevant laws and regulations, including changes made to harmonize CAS with ERISA. "

Pension Costs

Pension Costs PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Defense contracts
Languages : en
Pages : 18

Book Description
GAO assessed the adequacy of the Department of Defense's (DOD) audits of contract pension costs. DOD relies on the Defense Contract Audit Agency (DCAA) and the Defense Contract Administration Services (DCAS) to monitor such costs. GAO found that: (1) while the combined DCAA and DCAS efforts have resulted in adequate audit coverage of defense contractors' pension costs, the agencies have performed independent reviews covering the same contractors without coordinating their efforts; (2) DOD policies require DCAA and DCAS to coordinate their pension audits; (3) during its review, DCAA and DCAS regions were attempting to improve coordination; and (4) DCAA and DCAS need to improve their monitoring of unallowable costs resulting from contractors' delays in funding their pension plans.

Department of Energy: Progress Made Overseeing the Costs of Contractor Postretirement Benefits, but Additional Actions Could Help Address Challenges

Department of Energy: Progress Made Overseeing the Costs of Contractor Postretirement Benefits, but Additional Actions Could Help Address Challenges PDF Author: Mark E. Gaffigan
Publisher: DIANE Publishing
ISBN: 1437986935
Category : Business & Economics
Languages : en
Pages : 54

Book Description
The Dept. of Energy (DOE) relies on contractors to conduct its mission activities. DOE reimburses these contractors for allowable costs, including the costs of providing pension and other postretirement benefits, such as retiree health care plans. Since the economic downturn, DOE has had to devote significantly more funding toward reimbursing these benefit costs, in part because of a decline in interest rates and asset values that has increased contractor pension contributions. In a challenging budgetary environment, further growth in these costs could put pressure on DOE's mission work. This report examines (1) the level of control DOE has over contractor pension and other postretirement benefit costs under its current business model and (2) the changes DOE has adopted since the national economic downturn to manage those costs and the extent to which those changes have enhanced its approach. Includes recommendations. Tables and figures. This is a print on demand report.

The Costs of Defined Benefit Pension Plans and Firm Adjustments

The Costs of Defined Benefit Pension Plans and Firm Adjustments PDF Author: Burt S. Barnow
Publisher:
ISBN:
Category : Old age pensions
Languages : en
Pages : 68

Book Description

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