Assessment of Pension Benefits for Contractors' Employees in Hanford, Washington.
Abstract
The Department of Energy, its operating contractors at its Hanford Project, and the Hanford Atomic Metal Trades Council (HAMTC) have disagreed on whether a change from a single to a multiple contractor program has caused contractors' employees to lose pension benefits. GAO found that the Department's contractual arrangements protect the accrued pension benefits and vesting rights of Hanford employees transferring to successor contractors. Its analysis showed that successor contractors are giving employees pension vesting credit for their years of service at Hanford. Furthermore, the employees' benefits are generally comparable to what they would have received had a single contractor remained at Hanford. GAO concludes, however, that the HAMTC and the contractors must settle at the bargaining table.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jul 08, 1981
- Accession Number
- ADA106577
Entities
Organizations
- United States Government Accountability Office