THE THIRTY-SEVENTH ANNUAL REPORT OF THE BOARD OF ACTUARIES OF THE CIVIL SERVICE RETIREMENT SYSTEM FOR THE FISCAL YEAR ENDED JUNE 30, 1957

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• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP78-03721A000400010004-1
• Release Decision: RIFPUB
• Original Classification: K
• Document Page Count: 18
• Document Creation Date: December 9, 2016
• Document Release Date: February 8, 1999
• Sequence Number: 4
• Publication Date: January 30, 1959
• Content Type: REPORT

t52,--- ieererz7.x.96-4.&_.174 30 JAN 1959
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86TH CONGRESS}
1st Session
SENATE
{
DOCUMENT
No. 1
THE THIRTY-SEVENTH ANNUAL REPORT
OF THE BOARD OF ACTUARIES OF THE
CIVIL SERVICE RETIREMENT SYSTEM FOR
THE FISCAL YEAR ENDED JUNE 30, 1957
LETTER
FROM THE
CHAIRMAN OF THE
UNITED STATES CIVIL SERVICE COMMISSION
TRANSMITTING
PURSUANT TO LAW, THE THIRTY-SEVENTH ANNUAL
REPORT OF THE BOARD OF ACTUARIES OF THE CIVIL
SERVICE RETIREMENT SYSTEM FOR THE FISCAL YEAR
ENDED JUNE 30, 1957
JANUARY 9, 1959.?Referred to the Committee on Post Office and
Civil Service and ordered to be printed
UNITED STATES
GOVERNMENT PRINTING OFFICE
34011 WASHINGTON : 1959
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Nolo
Amor
Nrei0
LETTER OF TRANSMITTAL
U.S. CIVIL SERVICE COMMISSION,
Washington, D.C., October 23, 1958.
Hon. RICHARD M. NIXON,
Vice President of the bnited States,
United States Senate.
DEAR MR. VICE PRESIDENT: The Commission is pleased to send
you herewith the Thirty-seventh Annual Report of the Board of
Actuaries of the Civil Service Retirement System, for the fiscal year
ended June 30, 1057, submitted in pursuance of section 16 of the Civil
Service Retirement Act.
A copy of this report has also been sent to the Speaker of the House
of Representatives.
Sincerely yours,
HARRIS ELLSWORTH, Chairman.
ifi
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LETTER OF SUBMITTAL
NEW YORK, N.Y., August 14, 1958.
U.S. CIVIL SERVICE COMMISSION,
Washington, D.C.
GENTLEMEN: The Board of Actuaries appointed under section 16(g)
of the Civil Service Retirement Act, for the retirement of employees
in the civil service of the United States, has the honor to submit
herewith its 37th annual report on the operation of the fund.
In accordance with the practice of the Board in the past, the
report gives a statement of the appropriation required of the Gov-
ernment under the provisions of the act, as amended to June 30, 1957,
on the basis of the estimated membership of the fund as of that date.
Respectfully submitted.
GEO. B. BUCK,
R. R. REAGH,
OTTO C. RICHTER,
Board of Actuaries, Civil Service Retirement System.
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Veal(
THIRTY-SEVENTH ANNUAL REPORT OF THE BOARD OF
ACTUARIES OF THE CIVIL SERVICE RETIREMENT SYSTEM
The civil service retirement and disability fund was established in
1920 to furnish retirement benefits to officers and employees of the
U.S. Government who become superannuated in governmental service,
or incapacitated before attaining old age. The Retirement Act, as
amended by title IV of Public Law 854, 84th Congress, makes provi-
sion for a Board of Actuaries of the Civil Service Retirement System
and in section 16(g) defines the chief duties of the Board to be as
follows:
* * * to report annually upon the actuarial status of the system and to furnish
its advice and opinion on matters referred to it by the Commission, and it shall
C
have the authority to recommend to the Commission and to the ongress such
changes as in the Board's judgment may be deemed necessary to protect the public
interest and maintain the system upon a sound financial basis. The Commission
shall keep or cause to be kept such records as it deems necessary for making
periodic actuarial valuations of the Civil Service Retirement System, and the
Board shall make such valuations at intervals of five years, or oftener if deemed
necessary by the Commission * * *.
This report, which has been prepared as of June 30, 1957, is the
37th annual report of the Board of Actuaries. The report gives first
a summary of the main benefit and contribution provisions of the act
as amended to June 30, 1957. This summary is followed by an esti-
mate of the present membership and a table showing the number and
amount of annuities in force on June 30, 1957. The report next gives
a discussion of the appropriation payable by the Government for the
support of the fund. Statements giving the results of a valuation of
the liabilities of the fund on account of annuities in force as of June
30, 1957, and the results of the mortality experience of annuitants for
the past year are then submitted. In conclusion, the Board gives
certain comments on the present operation of the fund.
SUMMARY OV BENEFIT AND CONTRIBUTION PROVISIONS OF THE
CIVIL SERVICE RETIREMENT ACT
The following summary states the main benefit and contribution
provisions of the act as they were interpreted by the Board of Actu-
aries. "Average salary" is used to denote the average annual basic
salary received by the employee during any 5 consecutive years of
creditable service which affords the highest average. "Lump-sum
credit" means the unrefunded amount consisting of the retirement deduc-
tions made from the employee's basic salary, any sums deposited by
the employee covering prior service and interest on such deductions
and deposits at 4 percent per annum to December 31, 1947, and?
3 percent per annum thereafter, compounded annually to December
31, 1956, or, in the case of an employee who separates before he has
5 years of service, to the date of separation. The lump-sum credit
1
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does not include interest if the service covered thereby aggregates
1 year or less.
BENEFITS
Service retirement
Condition for eligibility.'?Retirement is compulsory at age 70 after
15 years of service.
Retirement is permissible at the option of the employee at age 60
after 30 years of service or at age 62 after 5 years of service. A
Member of Congress may retire at age 60 after 10 years of Member
service.
At the option of the employee at age 55 after 30 years of service or
upon involuntary separation not due to misconduct or delinquency
after 25 years of service or after age 50 and 20 years of service, an
immediate annuity is payable equal to the regular annuity reduced
by X2 of 1 percent for each full month not in excess of 60, and Y6 of
1 percent for each full month in excess of 60 the employee is under
age 60.
Amount of beneftt.2?The annuity is equal to:
(1) The larger of:
(a) 1Y2 percent of the employee's average salary multiplied by so
much of his total service as does not exceed 5 years; or
(b) 1 percent of the employee's average salary, plus $25, multiplied
by so much of his total service as does not exceed 5 years; plus
(2) The larger of:
(a) 1% percent of the employee's average salary multiplied by so
much of his total service as exceeds 5 years but does not exceed 10
years; or
(b) 1 percent of the employee's average salary, plus $25, multiplied
by so much of his total service as exceeds 5 years but does not exceed
10 years; plus
(3) The larger of:
(a) 2 percent of the employee's average salary multiplied by so
much of his total service as exceeds 10 years; or
(b) 1 percent of the employee's average salary, plus $25, multiplied
by so much of his total service as exceeds 10 years.
No annuity is to exceed 80 percent of the employee's average salary.
Disability retirement
Condition for eligibility.?Retirement is permissible upon disability
after 5 years of civilian service.
Amount of benefit.?The benefit is determined by the same method
as used for service retirement. The minimum annuity is 40 percent
of the employee's average salary but never greater than the annuity
he would be entitled to were his service to include the period elapsing
between the date of separation and the date he attains age 60 except
that this provision does not increase the annuity payable to any
survivor.
'I Certain employees who have rendered 20 years of service in the investigation, apprehension, or deten-
tion of persons suspected or convicted of offenses against the criminal laws of the United States are eligible
to retire after age 50 and receive an annuity of 2 percent or average salary multiplied by the number of years
of Service.
2 d additional annuity of $36 for each year of certain specified service in Alaska or on the Isthmus of
Panatria fs allowed officers and employees who are citizens of the United States. A congressional employee
receives an annuity of 23i percent of average salary for each year of military service and service as a con-
gressional employee, not in excess of 15 years, and an annuity at the regular rates for the remainder of his
total service. A Member of Congress receives an annuity of 21i percent of average salary for each year of
his Member and military service, 23i percent of such salary for each year of service as a congressional em-
ployee, not in excess of 15 years, and an annuity at the regular rates for the remainder of his total service
with a maximum of 80 percent of final salary.
Afilk
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An individual may not receive retirement annuity and disability
benefits from tie United States employees' compensation fund for the
%two same period but if eligible for both benefits must choose one or the
other.
Deferred service retirement
Condition for eligibility.?Upon separation from service after 5 or
more years of civilian service, a deferred annuity is payable.
Amount of benefit.?The deferred annuity begins at age 62 and is
computed by the same method as the regular annuity.
An employee may elect to receive his lump-sum credit in lieu of the
deferred annuity.
Lump-sum benefits
Upon separation from active service before completion of 5 years
of civilian service, the employee's lump-sum credit shall be paid to
him.
Upon death before 5 years of civilian service or after 5 years of
civilian service where there is no survivor entitled to an annuity, the
employee's lump-sum credit is paid to his beneficiary.
Upon the death of a retired employee before the payments of the
annuity equal the lump-sum credit the difference is paid, unless there
is a survivor entitled to an annuity. Upon termination of all survi-
vor annuities before total annuity payments equal the lump-sum
credit, the difference is paid.
Annuities to dependents upon death in active service
Condition for eligibility.?Annuities to dependents are paid upon
death of an employee in active service after 5 years of civilian service.
V14.0 Amount of benefit.?(a) If survived by a widow or dependent
widower, an annuity beginning the first of the month following the
death of the employee equal to one-half regular annuity is payable
until death or remarriage of widow or widower or until the widower
becomes capable of self-support.
(b) If survived by a widow or widower each surviving child who
received more than one-half his support from the employee shall be
paid an annuity equal to the smallest of (1) 40 percent of the em-
ployee's average salary divided by the number of children, (2) $600,
or (3) $1,800 divided by the number of children.
The annuity payable to a child is terminated upon attainment of
age 18, marriage, or death, whichever is earlier, except if such child is
incapable of self-support by reason of mental or physical disability
his annuity is terminated only upon death, marriage or recovery from
such disability.
(c) If survived by a child or children and there is no widow or
widower, each surviving child shall be paid an annuity, equal to the
smallest of (1) 50 percent of the employee's average salary divided by
the number of children, (2) $720, or (3) $2,160 divided by the number
of children until attainment of age 18, marriage, or death, whichever
is earlier, except if any such child is incapable of self-support by reason
of mental or physical disability his annuity is terminated only upon
death, marriage or recovery from such disability.
Upon death of the widow or widower, the annuity payable under
(b) to a child or children is recomputed and paid as provided in (c).
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Upon termination of the annuity of a child, the annuities to other
children are recomputed as though the child whose annuity was
terminated had not survived the employee.
Optional benefits
At retirement a married employee may elect to receive in lieu of
his or her regular annuity a reduced annuity payable during the
employee's life and an annuity payable to the surviving widow or
widower equal to 50 percent of as much of his regular annuity before
reduction as he designated. The annuity to the survivor commences
on the 1st of the month in which the retired employee dies and ceases
upon death or remarriage. The reduction in the employee's annuity
exclusive of any portion of the annuity payable on account of the
minimum provisions in cases of disability retirement is 2% percent of
so much of the regular annuity as he designated as does not exceed
$2,400, plus 10 percent of any excess over $2,400.
At service retirement any unmarried employee in good health may
elect to receive in lieu of his regular annuity a reduced annuity payable
during his life and an annuity payable after his death to a survivor
annuitant equal to 50 percent of such reduced annuity. The annuity
payable to the employee is reduced by 10 percent of his regular annuity
and by an additional 5 percent of the regular annuity for each full 5
years the person designated is younger than the retiring employee but
such total reduction shall not exceed 40 percent.
Annuities to dependents upon death after retirement
Upon the death of an annuitant, benefits calculated in the same
manner and payable under the same conditions as those granted upon
the death of employees in active service are payable to surviving
children.
CONTRIBUTIONS
By employees
Employees other than Members of Congress pay 6% percent of
salary commencing October 1, 1956. Members of Congress pay 7%
percent of salary for Member service commencing October 1, 1956.
Any employee may at his option and under regulations prescribed
by the Civil Service Commission deposit additional sums in multiples
of $25 but the total may not exceed 10 percent of his basic salary for
service rendered since August 1, 1920, for the purchase of an addi-
tional annuity.
By Government
Beginning July 1957, each employing agency must contribute
amounts equal to the deductions of its employees.
While no direct appropriations are required by law, estimates of
amounts needed to finance the fund on a "normal cost plus interest
basis" are to be submitted.
ESTIMATED ACTIVE MEMBERSHIP AS OF JUNE 30, 1957
The active membership of the fund as of June 30, 1957, was esti-
mated by the Civil Service Commission to consist of 2,133,000 em-
ployees with an annual payroll of $9,985 million.
oglik
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ANNUITANTS ON THE ROLLS AS OF JUNE 30, 1957
%lot The following table summarizes the number and amount of annuities
in force on June 30, 1957, as shown by the records of annuitants
maintained by the Civil Service Commission. On pages 10 to 15
of this report, the distributions of the number and annuities of annui-
tants on the roll as of June 30, 1957, by age, are given.
u111
TABLE 1.-The number and annual annuities of annuitants on the roll as of June
80, 1.957
Group
Regular annuities
Voluntary annuities
Total
annuities
Number
Amount
Number
Amount
Retired on account of age and voluntary
and involuntary separations:
Men
166, 746
$314, 292, 660
3,024
$986, 364
$315, 279,024
Women
36,369
53, 769, 396
1, 390
314, 952
54, 084,348
Total
203, 115
368, 052,056
4,414
1,301, 316
369, 363, 372
Retired on account of disability:
Men
56, 840
74, 021, 268
494
94, 140
74, 115, 408
Women
16, 453
19, 301,376
227
33, 852
19, 335, 228
Total
73, 293
93, 322, 644
721
127, 992
93, 450, 636
Survivors of deceased employees:
Children
17, 749
4, 771. 656
4,771, 656
Widows
32, 109
23, 583, 900
23, 583,905
Widowers
3
1, 488
1,488
Total
49, 861
28, 357. 044
28, 357, 044
Survivors of deceased annuitants: I
Children
3, 093
852, 720
852,720
Widows:
Terminable on death, remarriage
or attainment of age 50
387
208,764
208,764
Terminable on death or remar-
riage
12, 698
12. 689, 544
12, 689, 544
Terminable on death only
26,034
14,344, 140
14, 344, 140
All others:
Men
713
302, 988
302, 988
Women
119
84, 948
84, 948
Total
43. 044
28. 483, 104
28, 483, 104
Grand total
369. 313
518, 224, 848
5, 135
1, 429, 308
519, 654, 156
I Includes voluntary annuities continued to survivors.
METHOD OF FINANCING PLAN
The Civil Service Retirement Act Amendments of 1956 made cer-
tain important changes in the financinc, of the fund. It raised em-
ployees' contributions from 6 percent to 66% percent beginning October
1, 1956, and provided that each employing agency beginning July 1,
1957, should match the contributions of its employees. Heretofore,
any contributions in addition to those made by employees were pro-
vided by appropriations by the Government. Under the amended
act any amounts required to meet the cost in addition to the contri-
butions of members and employing agencies will need to be provided
through appropriations by the Government.
The act does not specifically provide for appropriations by the
Government but does state that-
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the Commission shall submit estimates of the appropriations necessary to finance
the fund on a normal cost plus interest basis and to continue this act in full force
and effect.
.Under this provision, the total annual payment to the fund should
consist of the normal contribution and interest on the deficiency.
The normal contribution rate is the average percentage of the
salaries of new employees that is required to be paid into the fund
from the time they enter service until they leave service in order to
accumulate sufficient funds to pay their benefits. Contributions at
the normal contribution rate alone will not support the fund for
present employees because there is a deficiency in the fund which
arose originally when the fund was established and employees were
given credit for their prior service during which no contributions had
been made by the Government. This deficiency has grown steadily
during the years the fund has operated because benefits have been
liberalized, new groups of employees have been added to whom credit
for service rendered prior to their admission was allowed, and finally
because in certain years the Government appropriations have not
been sufficient to meet the normal cost of the fund or have been en-
tirely omitted except for amounts required to cover increases in
annuities for annuitants on the roll. If the deficiency is not to in-
crease in the future the full normal contribution should be made and
interest on the deficiency paid. Any amount needed to meet these
requirements over and above the contributions provided by members
and the matching contributions of the employing agencies will need
to be met by Government appropriations if the fund is to be financed
on the "normal cost plus interest basis" as is anticipated under the 40%
amended act.
ANNUAL APPROPRIATION OF GOVERNMENT ON BASIS OF ESTIMATED
PAYROLL AS OF JUNE 30, 1957
In accordance with the procedure followed in previous reports, the
Board has prepared the following statement as of June 30, 1957, which
gives an estimate of the appropriations required of the Government
to support the fund on the basis of the estimated payroll of the mem-
bership as of that date.
TABLE 2.?Estimated annual contributions required to support the civil service
retirement and disability fund, prepared as of June 80, 1957
Contribution
Normal cost as?
Deficiency cost as?
Total cost as?
Percent-
Percent-
Annual
Percent-
age. of
payroll
Annual amount
age of
payroll
amount
age of
payroll
Annual amount
Total
13.50
$1, 347. 975. 000
5.30
$538, 529, 000
18.89
$1, 886, 504, 000
Payable by employee
6.50
649, 025, 000
6. 50
649, 025, 000
Payable by employing
agencies
6. 50
649, 025, ON
6.50
649, 025, 000
Payable by Government__
. 50
49, 925, 000
5.39
538, 529, 000
5.89
588, 454,000
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The preceding table shows the normal cost to support the amended
benefits accruing on account of current service to be equivalent to
"toot 13.50 percent of payroll. The employees contribute 6.50 percent
toward the normal cost and the employing agencies match their
employees' contributions. Therefore, there remains 0.50 percent to
be appropriated by the Government. On the basis of the estimated
payroll as of June 30, 1957, this represents an annual payment of
$49,925,000. The annual deficiency amount as of Juno 30, 1957, is
equal to 3 percent interest on the estimated deficiency on the basis
of the amended benefits. This payment is shown by the table to be
$538,529,000. Therefore, the total annual contribution needed in
addition to employees' and employing agencies' contributions on the
basis of the estimated payroll as of Juno 30, 1957, is $588,454,000.
The amount of the annual deficiency payment is greater than that
shown in table 2 of last year's report due primarily to the fact that
insufficient contributions were made by the Government during the
year. Furthermore no direct appropriation was made by the Govern-
ment for the year 1958. This means that the deficiency next year
will be greater by the amount of the deficit in the normal contribution
and the interest on the deficiency. The deficiency is therefore in-
creasing at a rapid rate, and until the full normal cost and interest
on the deficiency is met, the need for an increasing annual appro-
priation may be expected.
LIABILITIES OF FUND ON ACCOUNT OF ANNUITANTS ON THE ROLL AS OF
JUNE 30, 1957
vine In accordance with its usual practice, the Board of Actuaries is
presenting below the results of a valuation of the liabilities of the fund
on account of annuitants on the roll. This valuation, prepared as of
June 30, 1957, was based on the mortality tables included in the 34th
annual report of the Board. A 3 percent interest rate was used.
TABLE 3.-Liabilities on account of annuitants as of June 30, 1957
Group
Present value of benefits to annuitants on the
roll
Regular
annuities
Voluntary
annuities
Total annuities
Refired on account of ago and voluntary and involun-
tary separation_
$3,
346,
888.
000
$12, 834,
000
$3,
359,
722, 000
Retired on account of disability
851,
017,
000
1,282,
000
852,
299, 000
Reversionary annuities to designated beneficiaries
594,
009,
000
594,
009,000
Survivorship annuities I
681,
166,
000
681,
156,008
Total
6,
473,
070,
000
14, 116,
000
5,
487,
186, 000
Includes voluntary annuities.
In the 36th annual report of the Board, the,iabilities on account
of annuities payable to annuitants on the roll as of June 30, 1956,
were shown to be $4,551,045,000, as compared with $5,487,186,000
as of June 30, 1957, or an increase in liabilities of more than $936
million during the year ended June 30, 1957.
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SUMMARY OF MORTALITY EXPERIENCE OF ANNUITANTS FOR THE
YEAR ENDED JUNE 30, 1957
For the purpose of making a check of the mortality tables adopted
for annuitants, the actual and expected number of terminations and
of annuities canceled by terminations during the past year were com-
pared separately for men and women, who had retired on account
of age, or voluntary or involuntary separation from service, and for
men and women who had retired on account of disability. The
following table summarizes the results of the comparison.
TABLE 4.?Summary of the comparison of the actual and expected terminations
among annuitants July 1, 1956, to June 30, 1957
Number of terminations
Monthly annuities terminated
Group
Actual
Expected
Difference
Actual
Expected
Employee annuitants retired
on account of age, voluntary
or involuntary separation:
Men
8,333
8, 777. 6
+444. 6
$1, 208, 646
$1,305,231
Women
990
1, 055. 1
+65. 1
115,195
124,333
Employee annuitants retired
an account of disability:
Men
3,985
4, 407.9
+442.9
(I)
(1)
Women__
757
810.3
+53.3
(1)
Difference
+896,585
+9,138
(1)
(I)
1 Amounts not computed.
A check of the tables used for widows was also prepared this year.
The following table summarizes the comparison.
TABLE 5.?Summary of the comparisons of the actual and expected terminations
among survivor annuitants July 1, 1956, to June 30, 1957
Group
Number of terminations
Monthly annuities terminated
Actual
Expected
Difference
Actual
Expected
Difference
Deaths:
Widows of deceased em-
ployees
Widows of deceased an-
nuitants
Remarriages:
Widows of deceased em-
ployees
Widows of deceased an-
nuitants
338
1,163
515
84
274. 9
1,081.9
567. 8
147.3
?63.1
?81. 1
+52.8
+63.3
$22,442
65,449
22, 810
5, 008
$17,922
60,206
29, 791
10,893
?$4. 520
?5,243
+5, 981
+5,885
COMMENTS ON ANNUITANTS' EXPERIENCE
The ratio of the actual number of terminations to the expected
number, and the ratio of the amount of actual annuities canceled to
the expected amount for the past year compared with the correspond-
ing items for the year ended Juno 30, 1956, are as follows:
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TABLE 6.?Comparison of mortality and termination experience for years ended
June 80, 1956 ane 1957
Tosaw'
Group
Ratio of number of
terminations to ex-
pected for year ended
June 30
Ratio of amount of an-
nuities canceled to
expected amounts for
year ended June 30
1956
1957
1956
1957
Employee ammitants retired on account of age, volun-
tary or involuntary separations:
Men
0971
0. 949
0.900
0.926
Women
.945
. 938
.963
.927
Employee annuitants retired on account of disability:
Men
. 890
. 900
Women
.892
934
(I)
Not computed.
The foregoing ratios show that the actual death rate during the
year ended June 30, 1957, among both men and women retired on
account of age or voluntary or involuntary separation was less than
that expected and that there was a greater divergence than in the
previous year. More conservative mortality tables for service pen-
sioners are to be recommended for use in the pending 'actuarial
valuation of the system.
Although the mortality and recovery experience among disabled
annuitants during 1957 was closer to that expected than during the
previous year, the ratios show that the present tables for disabled
annuitants are not proving conservative. More conservative tables
will be recommended also for this class of annuitants.
CONCLUSION
Under the amended Retirement Act the Board of Actuaries is
required to report annually on the actuarial status of the fund. As
pointed out in previous reports, the actuarial status of the fund may
be determined only through an actuarial valuation of its prospective
liabilities and assets. A valuation to be prepared as of September
30, 1958, is now being planned. In this connection the basic tables
on which the last valuation was prepared are being reviewed to
determine the changes necessary to furnish a sound basis for the
valuation. As mentioned above, new mortality assumptions will be
required in view of the trend toward loweil mortality among retired
employees.
Pending the preparation of a valuation, the Board recommends
that appropriations be made based on the estimated requirements
of the fund and that direct appropriations be made equal to the
amounts which with employee contributions and the matching con-
tributions of the employing agencies will meet the "normal cost plus
interest." Under the amended act this method of financing is
anticipated. If less than this amount is provided, the deficit will
continue to increase and the system cannot be maintained on a
sound financial basis,
Approved For Release 2001/03/02 : CIA-RDP78-03721A000400010004-1
Ap proverb Forrilkatease2004/0/310Zzg34A-ROP7810372FPAT000400010004-1
SUMMARY OF TABULATIONS OF ANNUITANTS' DATA
The following tables give for men and women separately the
number of annuitants and their annuities as of June 30, 1957, dis-
tributed by age as used as a basis for the valuation.
TABLE 7.- The number and regular monthly annuities of annuitants on the roll
classified by sex and age as of June 30, 1957-retired on account of age and
voluntary and involuntary separations
Age
Men
Women
Age
Mei
Women
Num-
her
Monthly
annuities
Num-
ber
Monthly
annuities
Num-
ter
Monthly
annuities
Num-
ber
Monthly
annuities
WN.,.09,0W,CAGn.WW.,0=0..4CO.W.
?
2
$212
75
$933,623
1,273
$146,117
2
142
76
787.698
1,065
122.537
8
980
77
702.713
940
108.554
13
1,772
6
$631
78
599,802
836
95,175
22
3.080
9
851
79
502,005
698
80,702
34
3,614
9
1,248
80
418,018
553
66,293
38
5,044
10
1,150
81
385,680
519
62,447
93
15,898
21
2,452
82
312,124
421
48,235
108
20,346
20
2,591
83
254,956
349
40.705
141
24,831
34
3,774
84
206.092
257
31,638
137
26,105
25
3.140
86
161,897
220
25,999
415
82,461
02
13,991
86
121,119
149
17,105
1,091
222,681
232
41,934
87
101,645
148
17,170
1,367
273,032
368
68.281
88
75,887
100
10,967
1,602
331.270
461
87.770
89
56,904
86
10,394
1,980
404,793
517
92,812
go
44,505
44
6,087
2,367
497,395
600
111,505
91
26,089
50
5,330
3,734
821,498
697
134,144
92
14,820
24
2,579
5,130
1,004,109
1,160
183,440
93
11,342
22
2,373
7,991
1,335,202
1,950
237,898
94
9,637
6
828
8,719
1,410,009
2,174
262,479
95
5,318
12
1,347
0,751
1,507,857
2,247
262,158
96
3,577
8
911
9,943
1,497,392
2,146
242,308
97
1,659
1
22
10,072
1,485,819
2,192
242,160
98
1,288
1
169
10,013
1,494,186
2,294
259,443
99
613
1
16
9,969
1,442,366
2,190
254,985
100
350
9,598
1,454,047
1,988
233,454
101
95
10,009
1,664,944
2,132
254,426
102
152
8,165
1,284,697
1,842
217,408
168,746
26,191,055
36,369
4,480,783
7,768
1,199,508
1,688
193,549
Total__
6,755
1,035,659
1,474
188,201
TABLE 8.-The number and voluntary monthly annuities of annuitants on the roll
classified by sex and age as of June 80, 1957-Retired on account of age and
voluntary and involuntary separations
Age
Men
Women
Age
Men
Women
Num-
ber
Monthly
annuities
Num-
her
Monthly
annuities
Num-
ber
Monthly
annuities
Num-
ber
Monthly
annuities
48
1
0
0.,-.00.90,000C0=WC-ClOOMOm
M
NNMC,1.0,00cx0.to,w,
190
$5,359
98
$1,932
50
1
$38
1
177
6,310
63
1,104
52
3
70
1
153
3,995
62
1,005
54
3
72
1
119
2,913
42
777
65
3
64
3
113
2,994
39
579
56
11
255
9
89
1,969
29
477
57
11
291
8
68
1,859
24
323
58
21
678
16
51
1,171
20
313
69
26
623
16
38
1,211
13
153
GO
30
937
23
38
900
11
180
61
48
1,223
34
26
969
9
93
62
88
2,878
48
18
538
7
81
63
137
3,967
82
22
530
4
61
64
158
4,251
94
8
71
2
67
65
167
4,273
86
6
246
4
28
66
173
4,896
87
5
285
1
25
67
194
4,828
88
1
5
68
206
5,164
102
2
53
69
187
5,046
98
1
SR
70
216
6,281
73
3,024
82,197
1,390
26,246
71
218
6,946
91
Approved For Release 2001/03/02 : CIA-RDP78-03721A000400010004-1
Approved FoiNgfjpwa,(41441Q2s:EWERAVA,43/MAKI04110010004-1
Ninvot
TABLE 9.-The number and regular monthly annuities of anrtuitants on the roll
classified by sex and age as of June 80 1,957-retired on account of disability
Age
Alen
Women
Age
'
Alen
Women
Num-
her
Monthly
annuities
Num-
ber
Monthly
annuities
Num-
her
Monthly
annuities
Num-
bor
Monthly
annuities
Co CO 0 0 0 0 0 0 0 0 0 0 ?IP? IA PA. of,. A ?A ,P? PP? C. 0: CP OP OP C. 0 0 0 0 b., 0
0 0 Co V 01 0 A C?P . 0 CO 00 V CP r?P? Cil LND 0 CO C. CP pa p y
? ?
00 V 00003 CO V V 000 a CP to to to to to1?L
Gay t0 00 0 0 00 FA. 0 0 0 0 0 CO GO -4 0 0, 0 GO 00 00 0 0, 0, .0
1
? c0 0 CO V ?P? CC 0 0 0 l?-?
IV 0 c0 0 0 0 CO 0 0 PC GO ,P? CO OP CO 00 0 CO 0 V 0 0 CU 0 CP OP
0 Ca V 0 O. 0, GO 0 0 0 -4 C0 tO 0 0 0 0 V 0 0 0 CO 0 ?P? C, c.0 0 0 0 0 cs0
62
4,063
$163,747
865
890,548
1
63
3,620
399,934
799
80,656
$295
64
3,154
336,595
710
68,755
298
1
65
2,944
296,377
677
64,035
600
4
66
2,356
235,339
591
54,020
1,392
8
67
2,111
202,697
512
47,865
3,778
9
68
2,008
190,989
601
49,302
3,699
15
69
1,909
172,395
405
38,629
6,686
25
70
1,371
132,375
345
33,672
7,955
36
71
1,139
111,505
337
32,648
9,141
39
72
818
86,630
323
31,059
11,704
49
73
732
75,895
251
24,811
14,235
47
74
578
60,259
196
18,606
13,919
46
75
582
58,496
193
19.729
14,937
56
76
463
50,033
167
16,623
19,041
74
77
435
45,753
152
14,444
20,640
76
78
387
43,534
156
15,938
23,556
80
79
329
38,544
118
12,295
26,437
92
80
304
34,193
98
10,587
30,549
05
81
261
29,883
98
10,460
32,400
116
82
189
21,680
69
8,231
35,438
137
83
141
16,348
60
6.402
40,580
153
84
so
10,561
65
7,015
49,312
143
85
102
12,017
39
4,349
55,466
197
86
74
8,924
31
3,799
65,073
249
87
52
6,620
27
3,136
76,819
274
88
23
2,738
13
1,698
78,534
315
89
20
2,253
8
1,036
97,879
332
90
16
1,668
B
477
111,306
376
91
9
1,152
6
613
116,753
430
92
4
399
4
5)8
145,696
648
93
4
479
168,657
489
94
3
280
242,898
759
95
2
250
266,575
760
96
2
267
2
228
357,152
875
56,840
6,168,439
16,453
1,608,448
389,038
828
Total
480,384
906
TABLE 10.-The number and voluntary monthly annuities of annuitants on the roll
classified by sex and age as of June 30, 1957-Retired on account of disability
Age
Men
Women
Age
Men
Women
Nuns-
her
Monthly
annuities
Num-
ber
Monthly
annuities
Num-
her
Monthly
annuities
Num-
ber
Monthly
annuities
39
1
$2
64
34
$512
11
$146
41
1
$4
65
40
1,139
20
303
42
2
12
66
35
494
12
109
43
2
8
67
15
281
8
97
44
2
2
68
24
377
14
157
46
3
56
1
1
69
16
217
6
43
46
1
2
1
6
70
19
210
5
59
47
4
40
1
2
71
11
76
6
69
48
1
19
1
1
72
11
89
5
45
49
3
21
73
10
164
2
69
60
4
38
1
1
74
8
82
3
11
51
3
34
3
2
75
8
163
1
31
62
7
79
1
14
76
5
89
7
108
53
10
88
3
18
77
3
13
4
30
54
3
42
7
146
78
3
43
2
10
55
9
208
8
43
79
3
37
3
40
56
6
34
3
13
80
4
24
1
4
57
11
193
4
69
81
3
70
58
18
307
12
142
82
2
16
59
15
264
13
125
83
2
14
80
32
608
12
162
84
1
5
61
35
592
19
275
87
1
5
62
28
577
10
200
494
7,845
227
2,821
63
29
528
17
288
Total._
Approved For Release 2001/03/02 : CIA-RDP78-03721A000400010004-1
App roved oriaeleaseca0010331,4V FDRAABREBRI11182r7 2414610 4 0 0 0 1 0 0 04-1
TABLE 11.-The number and monthly annuities of survivor annuitants on the roll
classified by age, as of Tune 80, 1957-Survivors of deceased employees
CHILDREN
Age
Number
Monthly
annuities
Age
Number
Monthly
annuities
Uncler6 months
18
11111111i111111111111111111 1
llllll 111i11111111111.11111 1
111111.1;111141111111111111 1
,ppp
iPpi llllllll 1111.1111
0
111111111111 lllllllllllllll
111111t11i1111 llllll 1111111
Ge