Federal Retirement System Financing
Gao ID: T-GGD-95-197 June 28, 1995Federal retirement system financing is a complex issue. This testimony seeks to bring some perspective to the subject by describing how the government finances its retirement system and by describing the budget implications of the financing methods being used and possible changes to these methods. GAO concentrates on the Civil Service Retirement System and the Federal Employees Retirement System because they are the largest retirement programs for federal workers.