RETIREMENT POLICY

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP79-00639A000100100014-7
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 2
• Document Creation Date: November 17, 2016
• Document Release Date: June 16, 2000
• Sequence Number: 14
• Publication Date: August 3, 1967
• Content Type: DISP

25X1A9a
CLASSIFICATION
PRO EBBING ACTION
DISPATCH
MARKED FOR INDEXING
TO
Chiefs of Station and Base
X
NO INDEXING REQUIRED
INFO.
ONLY QUALIFIED DESK
CAN JUDGE INDEXING
FROM
MICROFILM
SUBJECT
Retirement Policy
ACTION REQUIRED ? REFERENCES '` 1 E v
11 7 Tyr
1. The established policy of the Organization has long been
to expect all employees covered by the Civil Service Retirement Act
to retire as soon as they became eligible to do so: age 60 with
30 or more years of service, or age 62 with at least five years of
service. The Civil Service Retirement Act has been amended to per-
mit employees to retire on a full annuity at age 60 if they have
20 years of service, and this option has now been added to the
organization's retirement policy. Consequently, employees are now
expected to retire at age 60 if they have 20 years of service;
those employees with less than 20 years of service at age 60 will
be expected to retire at age 62, or when they complete 20 years
of service. The amendments to the Civil Service Retirement Act
also make it possible for employees to retire at age 55 if they
have at least 30 years of service.
2. Under current Organization policy, all employees in the
Iden A will be expected to retire at age 60. However, those who
are Idens B and C as of 20 June 1967 will be permitted to remain
in service for two years from that date.
3. Organization regulations relative to the Civil Service
retirement system and Iden A have been revised to include the
above additions to the Organization's policy. Another change
which has been reflected in these regulations is the abolishment
of the Retirement Board which was concerned with Civil Service
retirement. The Board which was previously concerned with Iden A
will now serve in an advisory role on all retirement matters, in-
cluding requests for extension of service beyond the scheduled
retirement date.
MIMI
DISPATCH SYMBOL AND NUMBER
DATE
AUG *`
Dispatch need not be retaine
;
6116
should be destroyed after it
BOOK DISPATCH NO.
has served its purpose.
CLASSIFICATION
HQS FILE NUMBER
Approved For Release 2
00/08/nd ? cin-RDP79-0063
000100100014-7
'2000/08/04: CIA-RDP79-006340'01 OOT!'
 Q B W ?'r~iri o~
Aff
BOOK DISPATCH NO. 6116 ,j
1f. In order to implement the new retirement policy in an
orderly fashion it has been determined that those employees who
are presently age 60 or above will be allowed to continue on until
age 62 or to the date which has already been established for their
retirement. Those individuals who are age 58 but not yet 60 years
of age will be given a two year period to complete their retire-
ment planning. The two year period starts at the date the new
regulations were published which is 20 June 1967. Individuals who
are not yet 58 years of age will be expected to plan for retirement
at age 60. It is recognized that the above change in policy might
affect retirement planning for some individuals and in this regard
headquarters will consider requests for extensions.
5. If the Chief of the installation determines that the
employee's skills or other qualifications are needed and should be
preserved, or for other reasons to retain such employee beyond the
normal retirement date, he should submit such requests to the
Chief of his Division in Headquarters at least seven months prior
to the employee's retirement date, The Division Chief will add
his recommendation to the request and submit it to the Head of the
employee's Career Service, who will submit his recommendation to
the Director of Personnel. Normally, the Director of Personnel
will obtain the advice of the Retirement Board before forwarding
such requests with his recommendation to the Head of the Organization.
6. Headquarters is now in the process of forwarding letters
to employees currently affected by the retirement policy which
specify within the degrees mentioned above their scheduled retire-
ment dates.
7. Employees are encouraged to contact headquarters through
normal channels on any questions they may have on retirement
policy.
25X1A9a
FORM
8-64 53a USE PREVIOUS EDITION.
1401
Approved For Release 2000/08/04: CIA-RDP79-00639A000100100014-7