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

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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.

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.

Department of Energy

Department of Energy PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Contracting out
Languages : en
Pages : 48

Book Description


Department of Energy certain postretirement benefits for contractor employees are unfunded and program oversight could be improved.

Department of Energy certain postretirement benefits for contractor employees are unfunded and program oversight could be improved. PDF Author:
Publisher: DIANE Publishing
ISBN: 1428935460
Category :
Languages : en
Pages : 43

Book Description


Department of Energy

Department of Energy PDF Author: United States Government Accountability Office
Publisher: Createspace Independent Publishing Platform
ISBN: 9781983928260
Category :
Languages : en
Pages : 62

Book Description
Department of Energy: Information on Its Management of Costs and Liabilities for Contractors' Pension and Postretirement Benefit Plans

Department of Energy

Department of Energy PDF Author:
Publisher:
ISBN:
Category : Postemployment benefits
Languages : en
Pages :

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


Gao-04-539 - Department of Energy

Gao-04-539 - Department of Energy PDF Author: United States Government Accountability Office
Publisher: Createspace Independent Publishing Platform
ISBN: 9781984313669
Category :
Languages : en
Pages : 44

Book Description
GAO-04-539 Department of Energy: Certain Postretirement Benefits for Contractor Employees Are Unfunded and Program Oversight Could Be Improved

Department of Energy

Department of Energy PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Contracting out
Languages : en
Pages : 37

Book Description


Department of Energy

Department of Energy PDF Author: United States Government Accountability Office
Publisher: Createspace Independent Publishing Platform
ISBN: 9781978417793
Category :
Languages : en
Pages : 44

Book Description
Department of Energy: Certain Postretirement Benefits for Contractor Employees Are Unfunded and Program Oversight Could Be Improved

Energy Employees Compensation

Energy Employees Compensation PDF Author: United States Government Accountability Office
Publisher: Createspace Independent Publishing Platform
ISBN: 9781976387715
Category :
Languages : en
Pages : 66

Book Description
Congress enacted a program to compensate Department of Energy employees and contractors in the atomic weapons industry who developed work-related illnesses. Labor administers the program using estimates of workers' likely radiation exposure to decide claims. The estimates are produced by Health and Human Services' (HHS) National Institute for Occupational Safety and Health (NIOSH) and reviewed by the Advisory Board on Radiation and Worker Health. NIOSH awarded a contract to Oak Ridge Associated Universities (ORAU) to help carry out its work. GAO examined: (1) costs and oversight of NIOSH's contracts, (2) implementation of the conflict of interest policy for NIOSH and its contractors, (3) the extent of Labor's involvement in NIOSH's activities and actions to deny benefits, and (4) challenges to advisory board independence and options to enhance it. GAO reviewed contract files, examined Labor's comments on NIOSH documents, and analyzed data on cases sent to NIOSH for rework.