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Federal Retirement: Key Elements Are Included in Agencies' Education Programs - GAO Report

Date: March 29, 1999
Report No.: GGD-99-27
Pages: 36
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Summary:

Federal workers covered by either of the government's two main retirement programs could retire with dramatically different benefits depending on whether and how they plan for retirement throughout their careers. Agencies' retirement education programs play an important role in helping federal employees make well-informed decisions about retirement planning. However, little is known about how agencies fulfill this role. This report discusses the views of the Office of Personnel Management (OPM) and retirement experts on the recommended elements of retirement education programs and describes OPM's and agencies' retirement education roles, responsibilities, and practices in the context of these elements.

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