CONVERSATION WITH MR. ROGER JONES, ASSISTANT DIRECTOR, BUREAU OF THE BUDGET, RE AGENCY RETIREMENT LEGISLATION

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP80R01284A001800120045-6
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 1
• Document Creation Date: December 20, 2016
• Document Release Date: August 4, 2006
• Sequence Number: 45
• Publication Date: October 21, 1969
• Content Type: MFR

Approved For Release 2006/08/10: CIA-RDP80RO1284A001800120045-6
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21 October 1969
STATOTHR
SUBJECT: Conversation with Mr. Roger Jones, Assistant Director,
Bureau of the Budget, re Agency Retirement Legislation
1. Today I called Mr. Jones to inform him of our interest in
expediting Bureau of the Budget approval of our proposed Agency
legislation designed to match the retirement benefits provided in the
Daniels /McGee bill signed yesterday by the President.
2. Mr. Jones said that he had been about to call me to ask for
at least "ball park" figures on how much our proposed legislation would
cost the Agency "in budgetary terms" for FY 1970 and FY 1971.
3. After consulting with Mr. Lester Bush, Director of Finance,
I called Mr.. Jones and said that the figures in which he was interested
werel
4. In our ensuing conversation Mr. Jones asked about the
impact of these increases on the CIA retirement fund. He was told that
our actuarial study was just being completed and we hadn't yet identified
our normal costs but could say they were apparently more than Civil
Service and less than Foreign Service. In response to his question,
Mr. Jones was assured that we would not need an appropriation to
supplement our retirement fund in order to meet the additional costs
for FY 1970 and FY 1971 resulting from our proposed legislation.
He was further advised that out-go was not expected to exceed income
until approximately 1980.
immediate problems.
5. Mr. Jones seemed reassured to find that the amounts involved
were small and that the financing of our proposals would not create any
CRC, 3/25/2003 25X1
.! JOHN M. MAURY
-'Legislative Counsel
OLC /JMM:gs (21 October 1969)
cc: Ex/Dir, DDS, OGC, D,,/Finance, D/Personnel
Approved For Release 2006/08/10: CIA-RDP80R01284A001800120045-6
Distribution:
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