Assessment of Pension Benefits for Contractors' Employees in Hanford, Washington.
GENERAL ACCOUNTING OFFICE WASHINGTON DC HUMAN RESOURCES DIV
Pagination or Media Count:
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 Departments 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.
- Administration and Management
- Personnel Management and Labor Relations