TRANSFER OF INSURANCE FUNCTIONS

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP86-00964R000100110034-8
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 4
• Document Creation Date: December 14, 2016
• Document Release Date: July 24, 2003
• Sequence Number: 34
• Publication Date: May 26, 1953
• Content Type: MEMO

Approved For Release 2003/08/13 : qZW~ p6-00964R000I 00110034
is s:urity lnforrnatior
Er. .lo ue> Jee
Transfer of lnsurarce rtzncticns
bie is in refer
to the trams:"er of t
E'inancs DA-Vision, Cc firo -er's
Staff, 'ersonnel :office.
26 I;kr 135;
Drive Within the taeb3' n area .not concluded until the
last day of this nnont,r amt for certain other reams which m-e
Cited hereafter, he wi r resp*c:tftj1y re casts that aotia
relative to your resignation be delayed for one month until 30
ae it can he aprareciated grata with
tit Buccoss of this drive a mat deal of
_.._..a.. , . ~ .
brae been pit upon the sx ll sta operat the procedures. I
know y are ,also aware of the fact that fcr UK~ weeks I
obliged to operate with do your two e&pabU employees who re .
way for sewral 'mks b +f ore .I was able to mmemaw
staff with one new person assigned to ,ae, plus ao-
'men detailed to se.
b. I an happy to starve t.Ya;t,
wtich time the Drive will. be within three
I will have last person co a*isi ; q,*
to learn a co h s.
3. It is underact' i, its
week, that with t ~ ee
you so king a e. d at ? b-at times
to open a new bank accocnxt in a zurm aeabla
and the ""T'fi,PA life insuran c acceacznt wii1
be tin ove
b
thy
,
r
y
.
Staff d t Fina Division, therefore, relieved of that burden*
It. Your cc
ESS/JRE:3md (25 May 15,53)
Distribution:
1 - Courtesy
1 - Subject file
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ApprQv@ Release 2003/08/13 : C(A-RDP86-00964R000100110034-8
 25X1 Approved For Release 2003/08/13 : CIA-RDP86-00964R000100110034-8
Approved For Release 2003/08/13 : CIA-RDP86-00964R000100110034-8
 STANDARD FORM NO. Approved For RJease 2 ;/Q 13 -;?h -F } -00964E }0100110034-8
Office Memorandum ? UNITED STATES GOVERNMENT
TO : Employees Service Staff
ATTN: Mr.
DATE: 15 May 1953
:1. In accordance with our discussion regarding the transfer of insurance
functions from the Finance Division, Comptroller's Office to the
Employees Service Staff, Personnel Office, the undersigned will become
inactive regarding insurance matters, as of 1 June 1953.
2. In this connection, the following steps have been taken:
a. The undersigned's resignation from the Government Employees Health
Association, effective 31 May 1953, has been forwarded this date
to the President of theAssociation,
b. Elimination of the life insurance account from the Finance Division
roster of accounts, in addition to the discontinuance of Finance
Division's furnishing the Employees Service Staff with a schedule
of collections and disbursements on insurance matters. Both of
these to be effective 31 May 1953.
c. A request to the Audit Office to audit the records of the insurance
office as of the Close of Business 31 May 1953, same to take place
after that date, so that there will be no interruption of the pre-
sent "drive" for membership in the GHI plan.
3? Items to be accomplished are as follows:
a. Substitution of name ornnames on the ( HA bank account with the
Metropolitan National Bank of members of the Employees Service
Staff in lieu of the present signatory, as Secre-
tary-Treasurer.
b. Establishment of a new bank account or the expansion of the CM
account to include cash collections received in payment of life
insurance premiums,
c. The establishment of a procedure with Machine Records regarding
the furnishing of monthly insurance statements directly to the
to the Employees Service Staff, rather than through the Finance
Division, as has been the procedure in the past.
"ET
~;ecurity Information
Approved For Release 2003/08/13 CIA-RDP86-00964R000100110034-8
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 Approved For Release 2003/08/13 :'CIA-14DP86-00964R000100110034-8
' xl l l
rinatinri
4.
In connection with 3 a above, the undersi,gced has visited the
Metropolitan National Bank and obtained from them the forms which
must be executed in order to accomplish same. These forms have
been transmitted to the President of GEHA. In connection with
3 b the Finance Division will be glad to render assistance to the
Employees Service Staff in the opening of a new bank accounts pro-
vided the names of the signatories are made available to the
Finance Division.
5. Payroll deductions from the unvouchered payroll will continue to be
made for both life and health insurance premiums and checks will be
issued against such deductions upon specific request from the Employ-
ees Service Staff; however,, any statements in connection therewith
should be obtained directly from Machine Records.
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cc: Audit Office
Accounts Branch
FD/RCR:mgd (iii May 1953)
Approved For Release 200381r1 Oit CJ t rpp964R000100110034-8