LETTER TO JAMES M. FREY FROM CHARLES A. BRIGGS

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP87B00858R000600850005-2
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 4
• Document Creation Date: December 22, 2016
• Document Release Date: April 7, 2011
• Sequence Number: 5
• Publication Date: August 25, 1985
• Content Type: LETTER

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CenUal InteOrgencc Agerog
AUG 1985
OLL 85-23b6/1
?r. James M. Frey
Assistant Director for
Legislative Reference
Office of Management and Budget
Washington, D.C. 20503
Dear Mr. Frey:
The Agency requests your office to review the enclosed
draft, classified letter and advise us as to whether or not it
is consistent with the President's legislative program.
The letter is in response to a request to the Agency by
Senator Roth, Chairman of the Senate Committee on Governmental
Affairs, for the Agency's views on S. 1527, the Civil Service
Pension Reform Act of 1985.
We understand that the Committee plans action on this
legislation when the Congress returns. We therefore ask that
your review be completed and that you advise us of the results
thereof at your earliest convenience.
Thank you for your assistance in this matter.
Sincerely,
Charles A. Eriggs
Director, Office of Legislative Liaison
Enclosure
as stated
UNCLASSIFIED WHEN SEPARATED
FROM ENCLOSURE
,SEC CET
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TED STEVENS. ALASKA
CHARLES MCC MATHIAS. JII., MARYLAND
WILLIAM 5 COHEN. MAINE
DAVID DURENBERGER, MINNESOTA
WARREN B RUDMAN, NEW HAMPSHIRE
THAD COCHRAN, MISSISSIPPI
THOMAS F. EAGLETO,. . SSOURI
LAWTON CHILES. FLORIDA
SAM NUNN, GEORGIA
JOHN GLENN. OHIO
CARL LEVIN. MICHIGAN
ALBERT GORE. Jo.. TENNESSEE
JOHN M DUNCAN, STAFF DIRECTOR
MARGARET P. CRENSHAW, MINORITY STAFF DIRECTOR
United ~6tate,s Senate
COMMITTEE ON
GOVERNMENTAL AFFAIRS
WASHINGTON, DC 20510
Executive Registry
05 2030
r~~ 0~_3GG
August 2, 1985
The Honorable William J. Casey
Director of Central Intelligence
Washington, D.C. 20505
Dear Mr. Casey:
The Senate Committee on Governmental Affairs will hold
three days of hearings in September on S. 1527, the Civil
Service Pension Reform Act, introduced July 30, 1985, by
Senator Stevens and myself. Senator Stevens will be chair-
ing these hearings to be held on September 9, 10, and 11.
Because of your interest in this subject, we would
appreciate having your written comments on this legislation
for our hearing record. A copy of the bill and related
documents are enclosed.
Thank you for your consideration. We look forward to
hearing from you.
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Congressional Research Service
The Library of Congress
25 July 1985
TO Senate Committee on Governmental Affairs
Senate Subcommittee on Civil Service, Post Office and
General Services
FROM Dennis Snook, Leader
Civil Service Retirement Team
SUBJECT CRS Analysis of the Stevens-Roth Plan for a Retirement
System for Federal Workers Covered by Social Security
As you requested, the following report presents costs and benefit pro-
jections for a Civil Service Retirement plan for Federal employees who became
covered by social security as a result of the Social Security Amendments of
1983. The plan was developed under the guidance of Senators Ted Stevens and
William Roth, Chairmen of the Subcommittee on Civil Service, Post Office, and
General Services, and of the full Committee on Governmental Affairs, respec-
tively. Details of the plan were devised by the committee staffs.
The report does not address arguable pros and cons of this plan, its effect
upon the Federal workforce, or the sensitivity of tce capital accumulation corr.-
ponent to investment vehicles with rates of return different from those assumed
for the basic cost projections. The analysis is confined to "new" Federal work-
ers, those who started work after December 31, 1983. It assumes that other Fed-
eral workers will remain in the old CSRS. All projections are accomplished
using an "entry age normal cost" actuarial approach for new workers.
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