Summary: In response to a congressional request, GAO reported on its fiscal year 1985 activities regarding older Americans.
GAO submitted a list of the: (1) 65 reports concerning the elderly it issued from October 1, 1984 through September 30, 1985, 43 of which had summary information; and (2) 49 assignments in process as of September 30, 1985. For employees nearing retirement age, GAO continues to provide individual retirement counseling and preretirement seminars which are intended to assist employees in: (1) calculating retirement income available through the civil service and social security systems; (2) understanding options involving age, grade, and years of service; (3) understanding health insurance and survivor benefit plans; (4) acquiring information helpful in planning realistic budgets based on income, tax obligations, and benefits; (5) making decisions concerning legal matters; (6) gaining insights and perspectives on adjustments to retirement; (7) increasing awareness of those community resources that might support preretirement planning, second careers, and financial planning; and (8) increasing awareness of lifestyle options during the transition from work to retirement.
