Congressional Research Service Reports - 7 Matching Results

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Pension Issues Cloud Postal Reform Debate

Description: Reform of the business model of the U.S. Postal Service (USPS) was given new momentum by the July 2003 report of a blue-ribbon presidential commission. The commission concluded that USPS faces a long-term decline in mail volume and revenues, and unless its finances are shored up, a taxpayer bailout or loss of universal service is threatened. The 108th Congress held a dozen hearings on the commission’s report
Date: July 22, 2005
Creator: Stevens, Nye
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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Cash Balance Pension Plans: Selected Legal Issues

Description: Over the past few years, cash balance pension plans have received significant attention. In particular, three issues have been controversial: the negative effect of a plan conversion on older employees due to wear-away, the whipsaw effect that may occur when computing a lump-sum payment of benefits prior to normal retirement age, and the claim that these plans violate federal laws prohibiting age discrimination. This report discusses the wear-away and whipsaw issues, a proposal by the Treasury … more
Date: July 29, 2005
Creator: Lunder, Erika & Staman, Jennifer
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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Defined Benefit Pension Reform for Single-Employer Plans

Description: This report includes quantitative analysis based on regulatory filings by pension plans for 2001 and 2002 to provide an assessment of the number of plans that might be affected by certain elements of the Administration proposal. It also summarizes the reaction to the Administration proposal by business and labor. The report also includes an illustration of the effect on a hypothetical plan sponsor’s plan contribution and funded ratio of the credit balance approach used in current law versus the… more
Date: July 14, 2005
Creator: Ranade, Neela K. & Graney, Paul J.
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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Age Dependency Ratios and Social Security Solvency

Description: As highlighted by the Social Security Administration (SSA), the aging of the (United States) population, hastened by the impending retirement of the huge baby-boom generation, has caused policy-makers to question whether the U.S. Social Security system can meet the demands for retirement benefits in the future. Because the current system largely pays benefits through taxes paid by current workers, the financial health of the system is sensitive to the ratio of dependents to workers—sometimes ca… more
Date: July 7, 2005
Creator: Shrestha, Laura B.
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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Individual Accounts: What Rate of Return Would They Earn?

Description: It has been proposed to add individual accounts to Social Security in which investors could hold private securities. Calculations that project the earnings of individual accounts typically presume that they will earn a rate of return equal or close to the historical rate of return. But is there evidence that future rates of return will differ from history in predictable ways?
Date: July 25, 2005
Creator: Cashell, Brian W. & Labonte, Marc
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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