PROPOSED AMENDMENTS TO THE CIA RETIREMENT ACT OF 1964

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP72-00337R000100120074-4
• Release Decision: RIFPUB
• Original Classification: K
• Document Page Count: 3
• Document Creation Date: December 19, 2016
• Document Release Date: July 20, 2006
• Sequence Number: 74
• Content Type: SS

Approved For Release 2006/09/25 : CIA-RDP72-00337R000100120074-4
PROPOSED AMENDMENTS TO THE CIA RETIREMENT ACT OF 1964
Item Purpose
CIA Retirement Precedent
Act Section
1. Eliminate requirement that step-
child or recognized natural child
be dependent upon retiree to
ualify for survivor annuity.
2. Raise eligibility age for student
survivor annuitant from_21 to 22
and increase authorized maximum
absence from school from 4 to 5
months.
3. Permit natural child to share in
the distribution of any money
(lump-sum) left in the CIARDS
fund.
Sec. 204(b)(3) Civil Service
P.L. 89-504, Sec. 502
Sec. 204(b)(3) Civil Service
P.L. 89-504, Sec. 502
P.L. 89-407
Sec. 204(b)(3) Civil Service
P.L. 88-643,
Sec. 241(b)(3)
89th Congress: Cleared BOB,
passed House (H. R. 16306,
Sec. 202(3) ).
90th Congress: Cleared BOB,
introduced in H. R. 7315
89th Congress: Cleared BOB,
passed House (H. R. 16306,
Sec. 202 & 204).
90th Congress: Cleared BOB,
introduced in H. R. 7315
89th Congress: Cleared BOB,
passed House (H. R. 16306,
Sec. 202).
90th Congress: Cleared BOB,
introduced in H. R. 7315
4. Permit annuity of a widow or a
Sec. 221(b)
Foreign Service Act and
89th Congress: Cleared BOB,
dependent widower to continue
&
--Civil -Service for concept
passed House (H. R. 16306,
in the event of remarriage.
Sec. 232(b)
at:=age 60 arid'above'
Sec. 203).
P'.i . 89-504, Sec. 506
90th Congress: Cleared BOB,
introduced in H. R. 7315
Approved For Release 2006/09/25 : CIA-RDP72-00337R000100120074-4
 Item Purpose
Approved For Release 2006/09/25 CIA-RDP72-00337R000100120074-4
CIA Retirement Precedent
Act Section
Previous Action
5. Clarifies commencement and Sec. 221(e)
termination date for child
survivor annuity
6 Authorize annuity for retiree to Sec. 221(g)
tegin as soon as he enters non-
pay status.
7. Permit direct transfer of retire- Sec. 206
ment funds--employee and Govern-
ment--from other retirement
funds to the CIARDS and from the
CIARDS to other funds.
8. Authorize CIA annuitant to be Sec. 273(a)
*eemployed in the Federal Govern-
ment and to retain the salary of
the new position plus so much of
his annuity which when added to his
new salary will not exceed his
salary at the time of retirement.
Civil Service 89th Congress: Cleared BOB,
P.L. 89-504, - passed House (H. R. 16306,
Sec. 506(d) Sec. 204).
90th Congress: Cleared BOB,
introduced in H. R. 7315
Civil Service 89th Congr as, reared BOB,
5 U.S.C. 8345 over- passed House (H. R. 16306,
coming 5 U.S.C. 8301 Sec. 205).
90th Congress: Cleared BOB,
introduced in H. R. 7315
89th Congress: Cleared BOB,
passed House (H. R. 16306,
Sec. 206).
90th Congress: Cleared BOB,
introduced in H. R. 7315
Foreign Service Act 89th Congress: Cleared BOB,
passed House (H. R. 16306,
Sec. 207).
90th Congress: Cleared BOB,
introduced in H. R. 7315
Approved For Release 2006/09/25 : CIA-RDP72-00337R000100120074-4
 Approved For Release 2006/09/25 :
CIA-RDP72-00337R000100120074-4
Item Purpose
CIA Retirement
Act Section
Precedent
9. Increase or repeal the present
Sec. 236
Not involved
None
limitation of 400 retirements from
1 July 1969 through 30 June 1974.
-
10. Increase maximum percentage
Sec. 221(a)
Civil Service
Approved by the Civil Service
annuity from 70 percent to
5 U.S.C. 8339(e)
Commission 17 November 1967
80 percent.
11. Provide an option to participant Sec. 252(b) Civil Service
who has prior creditable service 5 U.S.C. 8339(h)
not covered by retirement t.e use
the time in computing his annuity
but reduce the annuity by 10 per-
cent of the sum due to cover the
service if he decides not to make
the deposit.
12. Change the eligibility age for a Sec. 234 Foreign Service Act
deferred annuity from age 62 Sec. 834
to 60 .
)Repeal section which permits Sec. 281 Not involved
voluntary contributions. -
14. Require an agency which employs Sec. 273 None None
a CIARDS annuitant to notify CIA
of such employment rather than
rely, as is now the case, on the
annuitant to make the notification.
Approved For Release 2006/09/25 : CIA-RDP72-00337R000100120074-4