Reserve Forces: Follow-up on the Ready Reserve Mobilization Income Insurance Program
Abstract
As agreed with the Subcommittee and summarized in a February 10, 1997, letter to you, we did not independently review the Ready Reserve Mobilization Income Insurance Program or meet with DOD officials to verify the accuracy of the IG's work. Rather, our role was to help ensure that the IG's examination of the program adequately addressed the Subcommittees concerns. To that end, we reviewed the IGs audit plan, obtained background information and key documents related to the program, observed several DOD working group meetings where problems in the program were discussed, obtained two briefings from the IG staff, and reviewed the IG staff's draft and final reports. The IG staff incorporated several of our suggestions into their audit plan, and we believe that they used a reasonable methodology in their review to address the Subcommittees concerns. After reviewing the IG staffs draft report, we provided detailed comments suggesting minor changes or additional information that could add clarity or make the report more complete.. The IG staff incorporated several of our comments into their final report. Overall, we believe that the DOD IG's final report provides a balanced overview of the design, implementation, find future viability of the program. We also believe information presented in the report addresses the Subcommittees concerns about the program as expressed in the Chairman's January 9, 1997, letter. Further, based on our knowledge of the DOD IG staff's work and on our limited work, we agree with the reports conclusion that the program is not actuarially or fiscally sound and should be suspended while DOD reexamines the need for and possible alternatives to the program.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jul 18, 1997
- Accession Number
- AD1158088
Entities
People
- Gary W. Phillips
- Mark C. Speight
- Mark E. Gebicke
- Valeria G. Gist
Organizations
- United States Government Accountability Office