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109874 1 (1979-07-12)

handle is hein.gao/gaobadygv0001 and id is 1 raw text is: 






                                   FOR RELEASE ON DELIVERY
                                   Expected at 9:30 a.m.
                                   Thursday, July 12, 1979
      109874



                        STATEMENT OF

                   H. L. KRIEGER, DIRECTOR
         FEDERAL PERSONNEL AND COMPENSATION DIVISION
                U.S. GENERAL ACCOUNTING OFFICE

                         BEFORE THE

    SUBCOMMITTEE ON CIVIL SERVICE AND GENERAL SERVICES
          OF THE COMMITTEE ON GOVERNMENTAL AFFAIRS
                    UNITED STATES SENATE    c     0

                             ON

               5FEDERAL RETIREMENT ISSUE


Mr. Chairman and Members of the Subcommittee:

     I am pleased to be here to present the General Account-

ing Office's views on what we consider to be the major

issues confronting Federal retirement programs today.

Where appropriate, my comments will focus primarily on the

civil service retirement system.

     GAO has long been concerned about the civil service

and other Federal retirement systems. Next to pay, retire-

ment programs are the most sigificant and costly means the

Government uses to compensate its personnel, and the liabil-

ities that accrue under Federal retirement systems repre-

sent a sizeable financial commitment of the Government.






                                        co 5--       7

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