Department of Labor (21 - 30 of 1,017 items)
Retirement Security: Federal Action Could Help State Efforts to Expand Private Sector Coverage
GAO-15-556: Published: Sep 10, 2015. Publicly Released: Sep 29, 2015.
About half of private sector workers in the United States—especially those who are low-income or employed by small firms—lack coverage from a workplace retirement savings program primarily because they do not have access. According to GAO's analysis of 2012 Survey of Income and Program Participation (SIPP) data, about 45 percent of private sector U.S. workers participated in a workplace retire...
Regulatory Guidance Processes: Agencies Could Benefit from Stronger Internal Control Practices
GAO-15-834T: Published: Sep 23, 2015. Publicly Released: Sep 23, 2015.
What is regulatory guidance? One of the main purposes of guidance is to explain and help regulated parties comply with agencies' regulations. Even though not legally binding, guidance documents can have a significant effect on regulated entities and the public, both because of agencies' reliance on large volumes of guidance documents and because the guidance can prompt changes in the behavior of r...
Workforce Innovation and Opportunity Act: Performance Reporting and Related Challenges
GAO-15-764R: Published: Sep 23, 2015. Publicly Released: Sep 23, 2015.
Federal agencies rely on state data sources for performance reporting on employment and training programs, and generally do not obtain personally identifiable information (PII) in the process. Specifically, state agencies provide data to federal agencies for performance reporting after collecting the necessary data from local agencies and other sources, including state Unemployment Insurance (UI)...
Managing for Results: Greater Transparency Needed in Public Reporting on the Quality of Performance Information for Selected Agencies' Priority Goals
GAO-15-788: Published: Sep 10, 2015. Publicly Released: Sep 10, 2015.
The six agencies GAO reviewed generally did not publicly report on how they ensured the accuracy and reliability of performance information used to measure progress on their highest priority performance goals, referred to as agency priority goals (APGs). The GPRA Modernization Act of 2010 (GPRAMA) requires agencies to identify the following when publicly reporting on their APGs: 1) how performance...
401(K) Plans: Clearer Regulations Could Help Plan Sponsors Choose Investments for Participants
GAO-15-578: Published: Aug 25, 2015. Publicly Released: Sep 4, 2015.
Employers who sponsor 401(k) plans report using a range of default investment types to automatically enroll employees in their plans based on each type's design and other attributes. From 2009 through 2013, the majority of employers who sponsored 401(k) plans reported using a target-date fund as their default, according to data from three annual industry surveys that GAO reviewed. A target-date fu...
Disability Insurance: Actions Needed to Help Prevent Potential Overpayments to Individuals Receiving Concurrent Federal Workers' Compensation
GAO-15-531: Published: Jul 8, 2015. Publicly Released: Aug 3, 2015.
GAO found that the Social Security Administration (SSA) detected concurrent Disability Insurance (DI) and Federal Employees' Compensation Act (FECA) payments received by some, but not all individuals who received these concurrent payments during at least 1 calendar month from July 1, 2011 through June 30, 2014, which was the most-current data available at the time GAO began its work. Specifically:...
Veterans' Employment: Need for Further Workshops Should Be Considered before Making Decisions on Their Future
GAO-15-518: Published: Jul 16, 2015. Publicly Released: Jul 16, 2015.
The Department of Labor (DOL) was required by law to provide employment workshops to veterans and their spouses in a pilot program. In response, DOL used the same 3-day employment workshops for the pilot that it provides to servicemembers on military bases as part of the Transition Assistance Program (TAP) in order to implement the pilot within time and resource constraints, according to DOL offic...
Retirement Security: Most Households Approaching Retirement Have Low Savings
GAO-15-419: Published: May 12, 2015. Publicly Released: Jun 2, 2015.
Many retirees and workers approaching retirement have limited financial resources. About half of households age 55 and older have no retirement savings (such as in a 401(k) plan or an IRA). According to GAO's analysis of the 2013 Survey of Consumer Finances, many older households without retirement savings have few other resources, such as a defined benefit (DB) plan or nonretirement savings, to d...
Unemployment Insurance: States' Reductions in Maximum Benefit Durations Have Implications for Federal Costs
GAO-15-281: Published: Apr 22, 2015. Publicly Released: May 21, 2015.
The unemployment insurance (UI) system, a federal and state partnership that provides benefits to eligible workers who have lost their jobs, was under financial pressures during the recent recession and recovery. Since 2011, nine states reduced the maximum length of time (duration) individuals could receive state benefits. These states reduced duration from 26 weeks to as few as 12 weeks, with 20...
Contingent Workforce: Size, Characteristics, Earnings, and Benefits
GAO-15-168R: Published: Apr 20, 2015. Publicly Released: May 20, 2015.
The size of the contingent workforce as a proportion of the total U.S. employed labor force can range widely, depending on how it is defined. Narrower definitions generally focus on employment that is temporary, and can result in estimates of less than 5 percent. Broader definitions include various employment arrangements, such as on-call, part-time, and self-employment, among others, and can resu...