Regional Vice President of Sales The Retirement Plan Company
|
Bates & Company, Inc.
|
AimPoint Pension
|
Loan & Distribution Specialist AimPoint Pension
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
Compass
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
GAO Report: Six Federal Agencies Make Limited Use of Dual Compensation Waivers That Would Allow 'Double-Dipping'
U.S. Government Accountability Office [GAO] Oct. 1, 2012
18 pages. "[W]hen [Federal] agencies rehire retirees their salary is subject to a deduction (offset) in the amount of the annuity. [The National Defense Authorization Act ('NDAA')] for fiscal year 2010 gives agencies the authority to waive this requirement on a temporary basis to allow for dual compensation of the salary and annuity as necessary ... [S]ix agencies [reviewed by GAO] made very little use of the NDAA waiver authority in fiscal years 2010 and 2011. The Department of Treasury made the most, although still very little[.]" [GAO-12-855R, Sept. 10, 2012]
|
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |