A BILL

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP74B00415R000600030062-1
• Release Decision: RIFPUB
• Original Classification: K
• Document Page Count: 2
• Document Creation Date: December 12, 2016
• Document Release Date: January 2, 2002
• Sequence Number: 62
• Content Type: REGULATION

Approved F RelE..a.._;, 002/01/231 CIA-RDPZ. 415100600030062-1
Vii',se: 4~
To amend the Foreign Service Act of 1946, as amended, and
following section 1112 of title XI of the Foreign Service Act
Be it enacted by the Senate and House of Representatives
of the United States of America in Congress assembled,
That the following new heading and section be added immediately
of 1946, as amended:
"RETIREMENT INCENTIVE
"SEC. 1113. (a) Any participant who retires voluntarily
under. section 636 prior to April, 1, 1969 shall have his
creditable service increased by the period of time between
the date of his separation from the Service.and June 30, 1970:
Provided, That his total service credit does not exceed 40
years: and Provided further, That the projected service does
not extend past the date of his mandatory retirement pursuant
to section 631 or 632 or the date he.would complete the maximum
p.eriod during which he would be permitted to remain in the
Service under regulations prescribed pursuant to section 633.
participant as 'if he performed service at his final salary
High-five average salary shall be computed for such
rate during the period of projected service.
Approved For Release 2002/01/23.: CIA-RBP74B00415R000600030062-1.
 Approved F Rel ase 2002/01/23 ; CIA-RDP 4B0 15F X0600030062-1
i..
"(b) Amounts equivalent to retirement deductions of
62 percent of the final salary rate of each former participant-
who retired and received a benefit under subsection (a) hereof
shall be deducted from the annuity of each such former
participant. Such deductions shall be made from annuities.
accruing to the former participant during the period of the
projected service credited under subsection (a). All such
deductions shall be matched by contributions to the Foreign
Service Retirement and Disability Fund from the appropriation
,used to pay the former participant's final salary. Such
matching contributions shall be paid on the first of each
.month in the same manner as matching contributions paid in
accordance with section 811."
Approved For Release'.2002/01/23 CIA RDP74B004I5R00060003006,2=1