LETTER TO THE HONORABLE SPIRO T. AGNEW FROM RICHARD HELMS

Document Type: 
Collection: 
Document Number (FOIA) /ESDN (CREST): 
CIA-RDP72-00337R000100150006-6
Release Decision: 
RIFPUB
Original Classification: 
K
Document Page Count: 
2
Document Creation Date: 
December 12, 2016
Document Release Date: 
November 5, 2001
Sequence Number: 
6
Case Number: 
Publication Date: 
October 23, 1969
Content Type: 
LETTER
File: 
AttachmentSize
PDF icon CIA-RDP72-00337R000100150006-6.pdf87.43 KB
Body: 
Approved For Release 2001/11/15 : CIA-RDP72-00337R000100150006-6 CENTRAL INTELLIGENCE AGENCY OFFICE OF THE DIRECTOR 2 3 OCT 1969 The Honorable Spiro T. Agnew President of the Senate Washington, D. C. 20510 My dear Mr. President: This letter transmits for the consideration of the Congress a proposed draft bill to amend the Central Intelligence Agency Retirement Act of 1964 for Certain Employees, as amended. The proposed bill brings the CIA Retirement Act into consonance with certain provisions of the Civil Service retirement system. Public Law 91-93, approved October 20, 1969, made significant improvements in the benefits of the Civil Service retirement system. Contribution rates were increased also. The improvement in benefits includes using "high three" instead of "high five" for computing annuities, permitting accumulated sick leave to be added in the computation of annuities, adding 1 percent to cost-of-living adjustment for annuitants, making the remarriage provisions partially retroactive, and improving survivor benefits. A number of key features in the CIA Retirement Act, as passed in 1964, were adopted from provisions of law then applicable to Civil Service retirees. These features included the provisions amended by P. L. 91-93. The reasons for changing these benefits under the Civil Service retirement system apply with equal force to the CIA system. This CIA retirement system would be completely undermined if it did not keep pace with the improved benefits and effective dates of P. L. 91-93. On Approved For Release 2001/11/15 : CIA-RDP72-00337R000100150006-6 Approved For Release 2001/11/15 : CIA-RDP72-00337R000100150006-6 th `at er and, eimetment of tie proposed bill will s ux that appropriate provision of the CIA r tire nt system remain in line with those of the C l e w ce Item.. We'woald ppra t early an4 favorable consideration oft - proposed bill. The huge of t Budget has advised that there is no objection to p r entire the proposed bill to the Congress from the s t a n d p o i n t of the A i trationrs program. Mueorely. ,Enclosers Distribution: Original - Addressee 1 - CI I - DDCI I - . /Dir-Corpt 1 - ER I - DDS I - D/Personnel I - CLC QLC/JMM: jmd (23 Oct 69) Approved For Release 2001/11/15 : CIA-RDP72-00337R000100150006-6