Congressional Research Service Reports - 7 Matching Results

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The Market for Retirement Annuities

Description: A retirement annuity allows an individual to purchase a regular payment stream from an insurance company to last his lifetime. Despite the ability of the product to eliminate the risk that a retiree will outlive his assets, few retirement annuities have been sold in the individual market. In addition, the number of individuals who annuitize their defined contribution retirement plan balances remains small. New products are emerging that would offer alternate annuity designs and make annuity pri… more
Date: May 18, 2006
Creator: Ranade, Neela K.
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: October 27, 2006
Creator: Shrestha, Laura B.
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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Summary of the Pension Protection Act of 2006

Description: This report summarizes the main provisions of the Pension Protection Act (PPA) as they affect single-employer defined benefit plans, multiemployer defined benefit plans, and defined contribution plans.
Date: October 23, 2006
Creator: Purcell, Patrick
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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H.R. 4: The Pension Protection Act

Description: This report discusses the Pension Protection Act (PPA) reforms and the funding rules for defined benefit pensions; requires employers to disclose more information about pension funding; restricts benefit payments and accruals in underfunded plans; and clarifies, prospectively, that cash balance pension plans do not violate legal prohibitions on age discrimination in employee benefits.
Date: September 27, 2006
Creator: Purcell, Patrick
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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Military Death Benefits: Status and Proposals

Description: This report describes the various death benefits from the Department of Defense, Department of Veterans Affairs (VA), and Social Security available to certain survivors of members of the Armed Forces who die on active duty.
Date: January 24, 2006
Creator: Burrelli, David F. & Corwell, Jennifer R.
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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Federal Employees: Pay and Pension Increases Since 1969

Description: Pay increases for current federal employees and cost-of-living adjustments (COLAs) for retired federal employees often differ because they are based on changes in different economic variables. Increases in pay for civilian federal workers are indexed to wage and salary increases in the private-sector, as measured by the Employment Cost Index (ECI), while federal retirement and disability benefits are indexed to price increases as measured by the Consumer Price Index (CPI). This report discuss… more
Date: February 9, 2006
Creator: Purcell, Patrick J.
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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