D.C. Pension Benefits: Comparison With Selected State and Local
Government Pension Plans (Letter Report, 11/04/93, GAO/HRD-94-18).

After surveying 40 public employee retirement plans, GAO concludes that
the District of Columbia's retirement plans for police officers,
firefighters, teachers, and judges generally provide benefits that are
comparable to those offered by other public retirement plans. District
police officers and firefighters receive pensions that are slightly
higher (as a percent of final salary) than the average provided by
similar plans, while District teachers' pensions are slightly lower.
District judges' pensions are higher than the average of other plans.
Any comparison of public pension plan benefits is complicated, however,
because survivor benefits, disability benefits, and cost-of-living
adjustment provisions vary among plans.  The District's cost-of-living
adjustment provision--retirement annuities are increased twice yearly by
the full amount of the rise in the consumer price index--is more
generous than provisions of other plans.

--------------------------- Indexing Terms -----------------------------

 REPORTNUM:  HRD-94-18
     TITLE:  D.C. Pension Benefits: Comparison With Selected State and 
             Local Government Pension Plans
      DATE:  11/04/93
   SUBJECT:  Civil service pensions
             Retirement pensions
             Employee retirement plans
             Government retirement benefits
             Funds management
             Trust revolving funds
             Comparative analysis
             State governments
             Local governments
             Cost of living
IDENTIFIER:  Civil Service Retirement System
             DC Police Officers and Fire Fighters Retirement Fund
             DC Teachers Retirement Fund
             DC Judges Retirement Fund
             
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