U.S. Government Accountability Office

• SSA facing management challenges over next decade

  By Paula Aven Gladych  |  April 29, 2013

  The Social Security Administration has its work cut out for it in the next decade. According to a new report by the U.S. Government Accountability Office, the SSA faces a number of management challenges, including the loss of many key players to retirement and a hiring freeze that is keeping...

• PBGC multiemployer financial assistance fund could run out of money by 2023

  By Paula Aven Gladych  |  March 5, 2013

  Multiemployer plans with the biggest deficits have taken significant steps to address their funding problems.

• GAO studies DB pension plans sponsored by DOD contractors

  By Paula Aven Gladych  |  January 25, 2013

  The U.S. Government Accountability Office (GAO) recently conducted a study of U.S. Department of Defense contractors and the defined benefit pension plans they sponsor.

• Fixed annuity sales continue growth in retirement space

  By Andy Stonehouse  |  December 3, 2012

  VA sales are on the rise, with more pre-retirees turning to the products as they search for more reliable sources of lifetime income.

• President signs American Samoa wage delay bill

  By The Associated Press  |  July 27, 2012

  The president has signed into law legislation to freeze American Samoa's minimum wage until 2015.

• To thwart SRO, Rep. Waters introduces user fee bill

  By Staff Writer  |  July 26, 2012

  User fees ‘provide the simplest, most efficient solution to the problem of inadequate advisor oversight,’ the California Democrat says.

• Congress OKs American Samoa minimum wage freeze

  July 19, 2012

  Congress passed a bill this week to freeze American Samoa's minimum wage, responding to employer concerns and a government financial report that suggest automatic increases were harming the U.S. territory's economy.

• Older workers who lose jobs have reduced retirement benefits

  By Paula Aven Gladych  |  May 17, 2012

  Unemployment rates for workers over age 55 increased from 3.1 percent in December 2007 to 7.6 percent in February 2010.

• GAO promoting financial literacy

  By Paula Aven Gladych  |  April 27, 2012

  The GAO, sensing the role that financial literacy plays in the health and stability of families, has identified more than a dozen government programs providing that education.

• Consumer group: 3 reasons why health reform won't put brokers out of business

  By Jenny Ivy  |  November 14, 2011

  A consumer advocate group wants to be part of an insurance-industry discussion on whether to exempt broker and agent compensation from a health reform law that aims to cut wasteful insurer spending.