HEARING ON OPTIONS TO IMPLEMENT AN INTERIM RETIREMENT PROGRAM FOR CIVIL SERVICE EMPLOYEES WHO WILL BE COVERED BY SOCIAL SECURITY WEDNESDAY, SEPTEMBER 14, 1983 10:30 A.M. - ROOM SD-138

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP85B01152R001001360012-6
• Release Decision: RIFPUB
• Original Classification: K
• Document Page Count: 3
• Document Creation Date: December 20, 2016
• Document Release Date: December 14, 2007
• Sequence Number: 12
• Publication Date: September 14, 1983
• Content Type: OPEN SOURCE

WILL IAMV ROTH. JR. DL.. Approved For Release 2007/12/14: CIA-RDP85B01152RO01001360012-6 011EE
CHARI[', ILRCY. ILL THOMAS F EAGL ETON MO
TED STE VIF.S ALASKA HENRY M. JACKSON WASH
CHARLES MC C M/.TH:AS. JR.. MD LAWT ON CHILES. FIA
WII I IAN. S COHE N. MAINE SAM NUNN. GA.
DAVID DL'R EI:C'FR.,E R. MINN. JOHN GLENN OHIO
WARREN B R'JOMAN. N N. JIM SASSER, TENN.
JOHN C DANFORTH. MO. CARL LEVIN. MICH
7 HAD COCH RAN, MISS JEFF BINGAMAN. N. MEX.
WILLIAM L ARMSTRONG. COLO.
JOAN M. MC ENTEE, STAFF DIRECTOR
1-Inited tates senate
COMMITTEE ON
GOVERNMENTAL AFFAIRS
SUBCOMMITTEE ON
CIVIL SERVICE, POST OFFICE, AND
GENERAL SERVICES
TED STE YENS A: ASIA CHAIRMAN
CHARLES MC C MATHIAS. JR. MD JEFF BINGAMAN, N. MEX.
WI: [IAM L ARMSTRONG. COLO JIM SASSER. TENN.
WAYNE A SCHLFY. STAFF DIR,FCTOR
Hearing on
Options to implement an interim retirement
program for civil service employees who will be
covered by social security
Wednesday, September 14, 1983
10:30 a. m. -- Room SD-138
1. The Honorable Charles A. Bowsher
Comptroller General of the United States
accompanied by: Mr. Robert Shelton
Project Manager
2. The Honorable Donald J. Devine
Director
Office of Personnel Management
accompanied by: Mr. James W. Morrison
Associate Director for Compensation
Ms. Jean M. Barber
Assistant Director for Financial Control
and Management
3. Mr. Jerry Klepner
Treasurer
Fund for the Assurance of an Independent Retirement (FAIR)
accompanied by: Mr. George Gould
Chairman
FAIR Legislative Committee
Mr. G. Jerry Shaw
Chairman
Federal Employees Coordinating Committee
Ms. Patricia Kutt
Professional Engineers in Government
Mr. Robert Beers
American Foreign Service Association
Mr. Ronald Stern
Patent Office Professional Association
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 Approved For Release 2007/12/14: CIA-RDP85B01152R001001360012-6
OPENING STATEMENT
of
SENATOR TED STEVENS
before the
SUBCOMMITTEE ON CIVIL SERVICE, POST.OFFICE, AND
GENERAL SERVICES, SENATE COMMITTEE ON
GOVERNMENTAL AFFAIRS
Hearing on
Options to implement an interim retirement
program for civil service employees who will be
covered by social security
Wednesday, September 14, 1983
10:30 a. m. -- Room SD-138
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Today, we are holding a hearing on a report issued by
the General Accounting Office on August 31, 1983, which
discusses the effect of requiring new federal employees to
be covered by both social security and civil service retirement.
Ever since consideration of the social security bill, I
have been warning people that something needed to be done to
remedy what could be a very serious recruitment problem for
the federal government. Requiring new federal employees to
contribute 14% towards civil service retirement/social
security will stymie recruitment for many federal agencies.
We are now in the process of working with the Full
Committee and the Congressional support agencies in developing
a new major retirement system for these new federal employees.
However, the work will not be completed until late next year
and enactment of final legislation probably will not occur
until late 1985. Therefore, a two-year hiatus remains for
these new federal employees.
The.General Accounting Office has analyzed this problem
and recommends that something be done to temporarily remedy
it. I compliment the Comptroller General for involving
himself personally in this matter. My hope is that we can
form a consensus from this hearing to remedy this problem.
My desire would be to attach whatever solution we arrive at
to the reconciliation bill."
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