Federal workers retiring after being injured may not receive information on the best options under the Federal Employees' Compensation Act, the government officials said in a report released on Friday.
Factors such as the timing of an injury in a career affect how the federal workers' compensation benefits for the disabled are compared to income security from typical federal retirement, according to the report, which found that injured federal workers could change if their options were not fully presented.
At retirement age, injured workers can remain in the federal workers' compensation program or instead choose to receive their benefits from the federal employee's retirement system. Still, workers may not get a clear picture, according to GAO's analysis, which found through simulations conducted in 201
The standard pension benefits – minus injury – increase "significantly" the longer a federal employee works and as a result the median flow and reduced workers' compact packages were larger than the standard pension median for pensioners with shorter career absent injury. However, GAO found that median workers' comp packages were similar to or less than standard pension packages for retirees with longer careers.
Therefore, the GAO recommends that the Department of Labor remind injured federal workers approaching retirement to obtain better estimates of retirement choices and that the Department and the Social Security Administration "take steps to modernize and improve their process of calculating and providing information" on certain retirement benefits that "would enable beneficiaries to make full comparisons of retirement options."
Both DOL and the Social Security Administration agreed with the recommendations according to the report.