The Federal Employees' Retirement System: Potential Changes in Agency Retirement Costs Following an Open Season

GAO discussed the potential impact on agency retirement costs of a retirement system open season in which anyone who is a general civilian employee of the federal government and is participating in the Civil Service Retirement System (CSRS) or the CSRS Offset Plan would be allowed to transfer to the Federal Employees Retirement System (FERS), focusing on the potential changes in retirement costs charged to federal civilian agencies that might follow such a transfer program.