CIA RETIREMENT BOARD MEETING 2:00 P.M., 2 MARCH 1972

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP78-03092A001000060001-1
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 7
• Document Creation Date: December 12, 2016
• Document Release Date: August 14, 2002
• Sequence Number: 1
• Publication Date: March 2, 1972
• Content Type: MIN

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CIA RETIREMENT BOARD MEETING
2:00 p. m. , 2 March 1972
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arry B. Fisher
GUEST: Mr.
Mr.
- Chairman
- DDS &T Member
- DDI Member
- DDP Member
- DDS Member
- Legal Advisor
-. Technical Advisor
- Recording Secretary
- Executive Secretary
~- his own case only
- Office of Security, for the
only
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1. The Board approved the minutes of the 3 February 1972 meeting
as presented.
2. The Board considered the cases of three employees who had been
nominated for designation as participants in the System and two requests
for voluntary retirement. The Board took action as follows:
a. Recommended designation as a participant of the following
named employee who has completed more than 15 years of
Agency service:
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b. Recommended designation as participants of the following
named employees who have completed more than 5 years of
Agency service:
c. Recommended approval of the requests for voluntary
retirement, on the dates shown below, received from
the following participants:
-31May1972
31 July 1972
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3. The Board next considered a request from Mr.
for participation in CIARDS based partially on domestic qualifying service.
25X1A9A has completed 47 months and 15 days of verified overseas
qualifying service.
This case was discussed at a previous meetin and as
the minutes of that meeting reflect, Mr.
25X1A9A I lappeared before the Board to discuss the several
periods of his claimed service.
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Board Recommendation:
or the provisions of the regulation. Therefore, in total the Board concluded
that had completed six months of domestic service which was
cualifying; which added to 47 months and 15 days of overseas service would
give him a total of some 53 and one-half months of qualifying service. The
Board, therefore, recommended that TOT be approved for 25X1A9A
participation in CIARDS based partially on domestic qualifying service.
4. The next case was a request from for25X1A9A
designation as a participant in CIARDS base partially on domestic 25X1A
qualifying service. Ihas completed 50 months and one day of
overseas qualifying service.
Type of Domestic Service Claimed:
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with unemployment at its present level, it would be unrealistic to believe
that she would be able to find other employment. She also stated that the
constant shortage of receptionists leads her to believe that she is needed in
her current position.
25X1A9A 6. The Board tabled the nomination of Mr. for
25X1A9A participation in CIARDS based partially on domestic qualifying service,
Lind requested that or some other representative of the Office of
Security be asked to provide additional details regarding this service.
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an
s
e concluded that
7. Mrs . I I
GS-05, Information Receptionist,
Office of Security requested that her retirement, scheduled for 31 July 1972,
be further deferred until 31 July 1973 for compassionate reasons. Mrs.
who will become 61 years of age in July 1972, was previously
granted a deferment from July 1971. Mrs. stated that her finan 25X1A9AR
cial situation is approximately the same as 1 9'Z0
d
h
The Director of Security (D/S) stated that in an attempt to assist Mrs.
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they canvassed the Agency for a suitable contract position which
would supplement her retirement income. A position was located in the
Information Services Division, and she was accepted for contract employment
by that Division. in ;Tanuary 1972, she declined to accept this position be-
cause of personal inconveniences and the reemployed annuitant -provisions
which would limit her income. The D/S recommends that
request not be approved and cited as his reasons; the fact retirement
was included in the Office's plans for red-action of Receptionists positions;
the fact that she has been offered a contract position, which she turned down,
and that a. further extension at a time of decreasing manpower ceilings
would appear inconsistent. The Deputy Director for Support concurred
in the recommendation of D /S.
The Board could find no undue financial hardship in this case and,
since Mrs, request was not supported on the basis of a need for
her services, recommended that the request not be approved.
8. Mr. GS-13, Logistics Officer, requested that
his retirement, scheduled for 3 June 1973, be deferred until 3 April 1974
for compassionate reasons. Owill become 60 years of age in June
1973. - stated that his UBLIC life insurance coverage will not have
been in orce or ten years until March 1974. This insurance must be in
force for a minimum of ten pears in order for the benefits to continue
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beyond retirement. He referenced a "memorandum regarding retirement
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and he stated that it is imperative that he have the coverage provided by the
UBLIC policy at least until his younger son completes college. He con-
cluded that, since his annuity will be only 48 percent of his current salary,
he will be unable to secure other employment which will offset the difference
between his current salary and his retirement annuity.
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This memorandum, from the Executive Director-Comptroller and
approved by the Director of Central intelligence on 3 May 1968,
sets forth certain general agreements regarding retirement policy.
One of these agreements stated that, "there is a small group (12)
of Agency employees who will not have 12 years of creditable
service by their scheduled retirement date. We feel that these
employees, as a group, should be permitted to remain on duty until they
accumulate 12 years of service when they earn the right to continue
important statutory hospitalization and life insurance coverage.
The Director of Logistics (D/L) stated that, although he cannot
justify the retention of on grounds of operational requirements, his
services could be fully utilized if his request is approved. D/L further
stated that, based on financial situation and his strong perfor-
mance record, he feels that there would be ample justification to recommend
an extension for the short period requested on a compassionate basis. D/L
also stated that apart from operational or financial reasons, it would appear
teat reference to the Retirement Policy memorandum of 30
April 1968 would warrant the most serious consideration. D/L concluded
that, although that Policy addresses itself to insurances established by
statute, by extension the stated policy could cover all Agency-sponsored
insurance requiring an extended pre-retirement contributory period. Based
on the foregoing D/L recommended, with the concurrence of the Deputy
Director for Support, that equest be approved.
In discussing this case the Board noted that if etirement
were deferred his UBLTC coverage upon retirement would only amount to
$5, 000. 00 and that at best this would provide for only a portion of the educa-
tional expenses for his two sons. The Board indicated that they did not feel
,at the referenced retirement policy could be applied to any insurance other
than those established by statute. The Board could find no undue financial
hardship in this case and, since equest was not supported on the
basis of a need for his services, recommended that the request not be
approved.
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'~. i he filial case considered by the Board was a request from Mr.
or waiver of six months of qualifying service and for
designation as a participant in CL-I=S. stated that he was
25X1A9A ?-Horne in the field that four and one-half years of overseas service would
,e sufficient and that the additional six months of qualifying service would
25X1A9A waived. The Board concluded that Mr. Odid not meet the tech-
nicall requirements for designation as a participant, since he had not per-
25X1A formed the required. 60 months of qualifying service and since there are
no provisions, under which permits waiver of qualifying service
as a criieria for designation as a participant. The Board, therefore, rec-
25X1 A9A ommended that Mr, eque st he denied.
10. The meeting adjourned at 4:20 D. m.
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Executive Secretary
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