Loan & Distribution Specialist AimPoint Pension
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AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Regional Vice President of Sales The Retirement Plan Company
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GAO Report: Railroad Retirement Board -- Additional Controls and Oversight of Financial Interchange Transfers Needed
U.S. Government Accountability Office [GAO] May 22, 2018
"This report examines [1] the steps taken to calculate financial interchange amounts, [2] factors that could account for trends in transfers over time, and [3] the extent to which RRB, SSA, and HHS provide oversight to ensure calculations are accurate.... GAO makes eight recommendations, including that RRB create formal policies and improve documentation of its processes, work with SSA to obtain data electronically, and that SSA and HHS increase their oversight." [GAO-18-323, May 21, 2018]
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