Congressional Research Service Reports - 266 Matching Results

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Federal Employees' Retirement System: Benefits and Financing

Description: This report discusses the retirement systems in place for federal employees including the Civil Service Retirement System (for employees hired before 1984) and the Federal Employees' Retirement System (for employees hired in 1984 or later). Both programs require participants to contribute toward the cost of their pensions through a payroll tax. This report also summarizes relevant legislation in the 113th Congress that would make significant changes to federal benefits and financing, including H.J.Res. 59, S. 18, S. 1678, and H.R. 3639.
Date: January 30, 2014
Creator: Isaacs, Katelin P.
Partner: UNT Libraries Government Documents Department

Military Retirement: Background and Recent Developments

Description: This report discusses the noncontributory military retirement system which includes monthly compensation and benefits after an active or reserve military career, disability retirement for those physically unfit to continue to serve, and survivor benefits for the eligible survivors of deceased retirees.
Date: May 28, 2014
Creator: Burrelli, David F. & Salazar Torreon, Barbara
Partner: UNT Libraries Government Documents Department

Credit for Military Service Under Civilian Federal Employee Retirement Systems

Description: This report discusses the Crediting Military Service under the Civil Service Retirement System (CSRS) and the Federal Employees' Retirement System (FERS). Under both CSRS and FERS, federal employees who have served on active duty in the military can have their years of military service counted for retirement eligibility and pension benefits.
Date: March 27, 2014
Creator: Isaacs, Katelin P.
Partner: UNT Libraries Government Documents Department

The Effect of Firm Bankruptcy on Retiree Benefits, with Applications to the Automotive and Coal Industries

Description: This report begins with a discussion of whether bankrupt firms can invalidate previous commitments covering retiree pensions and health insurance. The report next discusses the specific protections accorded to retiree pensions and health insurance benefits. Certain types of pensions are guaranteed by a quasi-public agency, while no such guarantee exists for retiree health insurance. The report concludes with brief case studies of the bankruptcies of Old GM, Delphi, and Patriot.
Date: September 22, 2014
Creator: Rapaport, Carol
Partner: UNT Libraries Government Documents Department

Former Presidents: Pensions, Office Allowances, and Other Federal Benefits

Description: This report provides a legislative and cultural history of the Former Presidents Act (FPA). It details the benefits provided to former Presidents and their costs. Congress has the authority to reduce, increase, or maintain the pension and benefits provided to former Presidents of the United States. This report considers the potential effects of maintaining the FPA or amending the FPA in ways that might reduce or otherwise modify a former President's benefits.
Date: March 21, 2013
Creator: Ginsberg, Wendy
Partner: UNT Libraries Government Documents Department

Veterans' Benefits: Issues in the 110th Congress

Description: This report discusses veterans' benefits issues that are already part of the legislative agenda for the 110th Congress or are likely to be of interest to Congress. These benefits and issues fall under the jurisdiction of the Department of Veterans Affairs (VA), Veterans Benefits Administration (VBA). Also presented in this report are an overview of the benefits and their eligibility requirements, data on both the veteran population and the benefit population, and summary information on the FY2008 budget for veterans' benefits.
Date: August 15, 2008
Creator: Davis, Carol D.; Loane, Shannon S.; Peterson, Meredith; Scott, Christine; Perl, Libby & Weimer, Douglas Reid
Partner: UNT Libraries Government Documents Department

Veterans' Benefits: Issues in the 110th Congress

Description: This report provides a general discussion of veterans' benefits issues that are part of the legislative agenda of the 110th Congress or are likely to be of legislative interest. Among those issues are disability compensation and pensions; education benefits; homelessness; life insurance; the status or eligibility of groups such as U.S. merchant seamen and World War II Filipino veterans for veterans' benefits; Reserve and National Guard eligibility for veterans' benefits; the U.S. Court of Appeals for Veterans Claims; and legal representation for veterans. For each issue, an overview is provided, along with summaries of pertinent pending legislation. In addition, an overview of the benefits and their eligibility requirements, demographics for both the veteran population and the benefit population, and summary data on the FY2008 budget for veterans' benefits are provided.
Date: October 16, 2008
Creator: Davis, Carol D.; Loane, Shannon S.; Scott, Christine; Perl, Libby; Smole, David P. & Weimer, Douglas Reid
Partner: UNT Libraries Government Documents Department

Securities and Exchange Commission Rule 151A and Annuities: Issues and Legislation

Description: This report explains the different types of annuities, the taxation of annuities, and disentangles the federal and state roles in the regulation of annuities. It outlines the SEC rule, including practical considerations for implementation. It also discusses congressional action in response to the SEC rule.
Date: July 1, 2010
Creator: Webel, Baird & Miller, Rena S.
Partner: UNT Libraries Government Documents Department

Military Retirement: Background and Recent Developments

Description: This report discusses the nature of the military retirement system. The military retirement system is a non-contributory, defined benefit system that has historically been viewed as a significant incentive in retaining a career military force. The system currently includes monthly compensation and benefits after an active or reserve military career, disability retirement for those physically unfit to continue to serve, and survivor benefits for the eligible survivors of deceased retirees.
Date: July 27, 2010
Creator: Henning, Charles A.
Partner: UNT Libraries Government Documents Department

Veterans Affairs: Benefits for Service-Connected Disabilities

Description: This report describes disability compensation, which is a benefit Congress provides to American veterans and their dependents through the United States Department of Veterans Affairs (VA). Disability compensation is a monthly cash benefit program for veterans currently impaired from past service-connected activities.
Date: June 16, 2010
Creator: Weimer, Douglas R.
Partner: UNT Libraries Government Documents Department

Credit for Military Service Under Civilian Federal Employee Retirement Systems

Description: Federal employees with permanent appointments earn pension benefits under one of two retirement plans. Employees hired after 1983 participate in the Federal Employees' Retirement System (FERS). Employees hired before 1984 participate in the Civil Service Retirement System (CSRS) unless they elected to transfer to the FERS during open seasons held in 1987 and 1998. This report discusses the changes in legislation that allowed veterans who subsequently became civilian federal employees to count their years of active-duty military service toward retirement eligibility and pension benefits under CSRS.
Date: December 30, 2010
Creator: Isaacs, Katelin P.
Partner: UNT Libraries Government Documents Department

Veterans Affairs: "Gray Area Retirees"-- Issues and Related Legislation

Description: The United States Department of Veterans Affairs (VA) provides a broad range of benefits and services to American veterans and to certain members of their families. In addition, the Department of Defense (DOD) offers a variety of benefits to veterans who are also military retirees. When members of the National Guard or the Reserve who have not yet reached age 60 retire (usually after at least 20 years of service), however, they are not entitled to certain federal benefits, including health care. These military retirees are commonly known as "Gray Area Retirees" (GARs). These persons may not necessarily meet the relevant statutory definition of "veterans" for VA benefit purposes, nor are they eligible for DOD health benefits until they are eligible for military retired pay at age 60. This report examines the current VA and DOD benefit eligibility for members of the National Guard and the Reserves. It also examines the benefit status and situation of GARs.
Date: June 21, 2010
Creator: Weimer, Douglas R.
Partner: UNT Libraries Government Documents Department

Social Security: Cost-of-Living Adjustments

Description: To compensate for the effects of inflation, Social Security recipients usually receive an annual cost-of-living adjustment (COLA). Benefits will be increased by 1.7% in 2015, following an increase of 1.5% in 2014. This report discusses how the COLA is determined.
Date: October 29, 2014
Creator: Sidor, Gary
Partner: UNT Libraries Government Documents Department

Veterans' Benefits: Burial Benefits and National Cemeteries

Description: This report provides a descriptive analysis of both nonmonetary and monetary burial benefits and national cemeteries. This report addresses congressional and constituent issues such as who is eligible to receive burial benefits; who can be buried in a national cemetery; what plans does the Department of Veterans Affairs have to build new or expand existing national cemeteries; and what benefits does the VA provide, among others.
Date: August 30, 2010
Creator: Morman, Armaad R.
Partner: UNT Libraries Government Documents Department