An Act to amend the Budget and Accounting Procedures Act of 1950 to require that the Comptroller General provide for a financial audit with respect to pension plans for officers and employees of the Federal Government and its agencies and instrumentalities, to require that an annual report, including a financial statement and an actuarial statement, be furnished to the Congress and the Comptroller General with respect to such plans, and for other purposes.

Summary

Requires the Comptroller General to provide for a financial audit of pension plans for Federal employees and officials to be conducted by the office of Management and Budget and submitted to Congress and the Comptroller General. Establishes the Board of Government Actuaries to establish a uniform basis for the presentation of actuarial information to be used with respect to reports furnished under this Act.

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Documents

3 official files

• Public Law (PDF)

  Public Law · EN · 5 November 1978

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• Reported to House with amendment(s)

  summary · EN · 2 October 1978

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• Introduced in House

  summary · EN · 20 October 1977

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