LETTER TO HONORABLE RICHARD HELMS FROM WILFRED H. ROMMEL ASSISTANT DIRECTOR FOR LEGISLATIVE REFERENCE

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP72-00337R000400010023-9
• Release Decision: RIFPUB
• Original Classification: K
• Document Page Count: 2
• Document Creation Date: December 20, 2016
• Document Release Date: November 3, 2006
• Sequence Number: 23
• Publication Date: October 23, 1969
• Content Type: LETTER

Approved For Release 2006/11/07: CIA-RDP72-00337R000400010023-9
0MB Declassification/Release.
Instructions on File
Honorable Richard Helms
Director, Central
Intelligence Agency
Washington, D.C. .20505
Dy f, ' !i 4 1.20ZD
Attention: Mr. John Maury
Legislative Counsel.
Dear Mr. Helms:
This is in response to Mr. Maury's request of
October 21, 1969, for advice on. a. draft bill "To
amend -the Central Intelligence Agency Retirement
Act of 1964 for Certain Employees, as amended,:
,and for other purposes."
The draft bill would provide for employees covered
under the CIA Retirement Act. the benefit liber-
alizations recently provided for Federal employees
under the Civil Service retirement system in ?
P.L. 91-93. We recognize the equity of providing
to members of the CIA retirement system benefits,
equivalent to those available to. members of the
civil service retirement system.
On the other hand, a primary purpose of P.L..91-93
was to provide adequate financing for the civil
service retirement system. It does this by
providing for;
CRC; 1 CV141 003
JORI CDF
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EXCCUT,VE OFF CE OF i - -~E PRESIDENT
3UF.5AU OF THE 5UDGET
WASHINGTON, D.C. 20503
contribution rates which completely cover
normal cost (13.980),
special appropriations in amounts equal
to the unfunded liability resulting from
future pay raises, liberalizations of
benefits, or extensions of coverage to
then, groups ,
 Approved For Release 2006/11/07: CIA-RDP72-00337R000400010023-9
annual payments from the Treasury' to cover
interest on the existing unfunded liability,
and
annual payments from the Treasury to cover
the annual cost of annuity payments
attributable to military service credits.
We believe that adequate financing should also be pro-
vided for the CIA retirement system. We understand that
an actuarial study of the CIA retirement system is
currently underway and will be completed in the near
..future. When the results are available, we would appre-
ciate your advising us;
A. 64 evislation to the Congress..
if the combined employee/agency contribu
tions contained in your draft bill will
cover the normal cost of the CIA system,,
and, if not, how you would propose to fund
the normal cost, and
how interest on the existing unfunded
liability and new unfunded liability result-
ing from future pay increases and benefit
liberalizations should be Funded.
In the interim, however, there is no objection, from the
standpoint of the Administration's program, to the submis-
sion of the d ft 1
Sincerely yours,
Wilfred H. Rommel
Assistant, Director for
r ti
Legislative Reference
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