NIXON MOVE MAY MEAN ANNUITY BOOST
Document Type:
Collection:
Document Number (FOIA) /ESDN (CREST):
CIA-RDP78-04722A000200020092-3
Release Decision:
RIFPUB
Original Classification:
K
Document Page Count:
1
Document Creation Date:
December 9, 2016
Document Release Date:
March 29, 2000
Sequence Number:
92
Case Number:
Publication Date:
February 20, 1971
Content Type:
NSPR
File:
Attachment | Size |
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Body:
0/08/2
THEt WASHINGTON POST Saturday, Feb 20, 1971
have xtp. go. uu anoth .: ne hn Feb
,,:. rack te_ i
ten "nArd"Obt%
begin;, existing stook,s of letteri}e rneaal: ; l~; + 1:;^
r mericdn deration
Because most pAUX,
estroyed because the
pbex'; d of
eb lerlike
t
F
o
IN s DO ~ * iir wife }~ i} m a t} t 11mployees'.
work to theme s mute to and1A rnas e s ; w
i9 th r k l soil :hold :
get max4mum, erd
me credit an~l,w the same size DOS zS a
with three day auGU soda] se Sion
the maximum nuf era p hued new, writing p ef
,
Feb 25 27 at the M awk 1
checks, impor an 3 refi s name in lar'gef print ` h n
would be retirees to et a fa t is subordina e,:a e c Motor Inn in;. Baltimore The
g ~1 t g n y' .a big union`s hos
me mo ,wen t local far the
ulingrgtn CC,,'If GSG,aC' t -out that or=.:___~,_r,_
stroked, , { ,,, w k "` `` vans) "
decision to is c a e le ; re- June I , ulc e? t le Or
ments of 'they o e , qcp an anhtfity bonus he bonus Smce': then ,F however;" DOT Summer Jobs: Several per-
"
would be a minimum of 4 er Officialsnsa the edict was a sons have,asked how they can
Index (COY) may f es an y
get on tta1ific~atipn tests
cent, since the CPI has al` Inistakb. that has been cleared
early annuity ; bongs,' fox ready ,risen 3 per cent and the up. They say that a two manthfor summer iederah jobs. The
125,000 retired fed. t-a $t ers 'government adds a 1per cent supply of the old-style, equal- answer is they are too late.
a
d milit
fi onu
Q
l
Y
to`
k
m
'
n
ary ape
s
p
e,
ma
n the t
e up for the two-,s ze
asthead stationery is
ne t and final summer
h
Washington area. 4 ,r Y Month delay in computing an- left. It will not; be destroyed. test date'this,year is March 13,,
'Although January kl,v ng Aupty changes and getting the Insteadit has been converted. and that is only for young per-
s m ney.top ople.. to mcrpo pads and scratch sdns;who registered" by the
cost crept up only by one tenth !Status Scratch Papers Die Vapor.
Feb. 3 cutoff.
of 1 per, cent, a switch in? trine partnient of Transportation The employee who blew the William W. Dayton has been
references has "created a di Ilxs acted to save a tWa.Y7nonth whistle on the proposed pap- nameddirector of equal, em-
leXnma for persons who c(eei~le suppl~v of stationery hat z ad er-burning ought to get an ployment opportunity, a new
been destined for.. burning in a taward "from the, taxpayers. But obfor the Federal Reserve
when to order,a federal { status, squabble with then Fed things being the way they are, System .Layton had been with
tary annuity boost. era'l Aviation Administration, wo 11 " never tell" who it was, the AgricultureDepartment.
U
d
'
n
er. the old rules, the, C1
I
was based on an=index-of 1bb
or the years 1957-59. Accord-
I'ig to ,that! yardstick, living.)
costs now measure 138.6,
meaning that it "costs '$138.60'
to buy goods, ,and services
today that could . have,: been ',--:
purchased for . $100 back .in-
1959.
But the -base year. has been
-officially, changed to .1967
and it could be an' important
change for the 1.5 million fed-
oral and military retirees
whose annuities. are tied to the.
CPI.
Using the old guidelines, the
January living cost rise missed
-by one-tenth of l per cent-
setting in motion machinery
that. raises military-civilian re
tired pay.,'Under the old :sys-
tem, the. CPI has to go:;.up to
138.7, and stay at.that level for.
three months, to. trigger , the
raise.
But by. using 1967 as, the
base' year, the CPI figures
have changed 'slightly,,, dust;
enough to register a 3 percent'
raise or, .