EMPLOYEES WHO ARE ELIGIBLE OR WILL BECOME ELIGIBLE TO RETIRE PRIOR TO 30 SEPT. 1986
Document Type:
Collection:
Document Number (FOIA) /ESDN (CREST):
CIA-RDP89-00066R000900070007-2
Release Decision:
RIPPUB
Original Classification:
S
Document Page Count:
26
Document Creation Date:
December 22, 2016
Document Release Date:
January 13, 2011
Sequence Number:
7
Case Number:
Publication Date:
November 19, 1985
Content Type:
MISC
File:
Attachment | Size |
---|---|
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Body:
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CONFIDENTIAL
19 November 1985
EMPLOYEES WHO ARE ELIGIBLE OR WILL BECCi ELIGIBLE TO RETIRE PRIOR TO 30 SEPT. 1986
1. CIARDS BY CAREER SERVICE
2. CIARDS - SIS-1 AND ABOVE AND GS-14 AND GS-15
3. CIARDS BY GRADE AND CAREER SERVICE
4. CIVIL SERVICE RETIREMENT BY CAREER SERVICE
5. CIVIL SERVICE - SIS-1 AND ABOVE AND GS-14 AND GS-IS
6. CIVIL SERVICE BY GRADE AND CAREER SERVICE
C O N F I D E N T I A L
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"24 JUL 1985
Average Federal Service & Overseas Service
for Selected Categories of CIARDS Retirees in FY-1984
Category
Federal Service Over
seas Service
Ops Officer
31.2
9
Other "D" Careerists
29.3
8.5
Commo
30 1
0.7
Support Careerists
(MG & M)
31.1
9
Average of All CIARDS
Retirees
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COMPARISONS OF ANNUITIES FOR CIARDS RETIREES
COMPUTED UNDER CURRENT CIARDS & PROPOSED FORMULAS
Employee with 38 Years of Service & High-3 of $63,512 - SIS-4
CIARDS % of
(Basic Annuity) High-3
Current $44,458 (capped) 70.0%
(2% of Average High-3 Salary x # Years
of Service Not to Exceed 35 Years of
Service Credit; i.e., 70% of Average
High-3)
Proposed
(2 1/2% of Average High-3 Salary x Years
of Overseas Service, plus 2% of All Non-
Overseas Service Not to Exceed 75.0% of
Average High-3)
5
Years
Overseas
$47,634 (capped)
75.0%
8
Years
Overseas
$47,634 (capped)
75.0%
12
Years
Overseas
$47,634 (capped)
75.0%
20
Years
Overseas
$47,634 (capped)
75.0%
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COMPARISONS OF ANNUITIES FOR CIARDS RETIREES
COMPUTED UNDER CURRENT CIARDS & PROPOSED FORMULAS
Employee with 34 Years of Service & High-3 of $62,794 - SIS-3A
CIARDS % of
(Basic Annuity) High-3
Current $42,700 68.0%
(2% of Average High-3 Salary x * Years
of Service Not to Exceed 35 Years of
Service Credit; i.e., 70% of Average
High-3)
Proposed
(2 1/2% of Average High-3 Salary x Years
of Overseas Service, plus 2% of All Non-
Overseas Service Not to Exceed 75.0% of
Average High-3)
5
Years
Overseas
$44,270
70.5%
8
Years
Overseas
$45,212
72.0%
12
Years
Overseas
$46,468
74.0%
20
Years
Overseas
$47,095
(capped)
75.0%
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COMPARISONS OF ANNUITIES FOR CIARDS RETIREES
COMPUTED UNDER CURRENT CIARDS & PROPOSED FORMULAS
Employee with 34 Years of Service & High-3 of $61,775 - SIS-2A
CIARDS % of
(Basic Annuity) High-3
Current $42,007 68.0%
(2% of Average High-3 Salary x # Years
of Service Not to Exceed 35 Years of
Service Credit; i.e., 70% of Average
High-3)
Proposed
(2 1/2% of Average High-3 Salary x Years
of Overseas Service, plus 2% of All Non-
Overseas Service Not to Exceed 75.0% of
Average High-3)
5
Years
Overseas
$43,551
70.5%
8
Years
Overseas
$44,478
72.0%
12
Years
Overseas
$45,714
74.0%
20
Years
Overseas
$46,331
(capped)
75.0%
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COMPARISONS OF ANNUITIES FOR CIARDS RETIREES
COMPUTED UNDER CURRENT CIARDS & PROPOSED FORMULAS
Employee with 30 Years of Service & High-3 of $57,094 - SIS-lA
CIARDS % of
(Basic Annuity) High-3
Current $34,256 60.0%
(2% of Average High-3 Salary x # Years
of Service Not to Exceed 35 Years of
Service Credit; i.e., 70% of Average
High-3)
Proposed
(2 1/2% of Average High-3 Salary x Years
of Overseas Service, plus 2% of All Non-
Overseas Service Not to Exceed 75.0% of
Average High-3)
5
Years
Overseas
$35,684
62.5%
8
Years
Overseas
$36,540
63.9%
12
Years
Overseas
$37,682
65.9%
20
Years
Overseas
$39,966
70.0%
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COMPARISONS OF ANNUITIES FOR CIARDS RETIREES
COMPUTED UNDER CURRENT CIARDS & PROPOSED FORMULAS
Employee with 35 Years of Service & High-3 of $53,295 - GS-14/10
CIARDS % of
(Basic Annuity) High-3
Current $37,307 70.0%
(2% of Average High-3 Salary x # Years
of Service Not to Exceed 35 Years of
Service Credit; i.e., 70% of Average
High-3)
Proposed
(2 1/2% of Average High-3 Salary x Years
of Overseas Service, plus 2% of All Non-
Overseas Service Not to Exceed 75.0% of
Average High-3)
5
Years
Overseas
$38,639
72.5%
8
Years
Overseas
$39,438
73.9%
12
Years
Overseas
$39,971
(capped)
75.0%
20
Years
Overseas
$39,971
(capped)
75.0%
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COMPARISONS OF ANNUITIES FOR CIARDS RETIREES
COMPUTED UNDER CURRENT CIARDS & PROPOSED FORMULAS
Employee with 31 Years of Service & High-3 of $41,851 - GS-13/7
CIARDS % of
(Basic Annuity) High-3
Current $25,948 62.0%
(2% of Average High-3 Salary x # Years
of Service Not to Exceed 35 Years of
Service Credit; i.e., 70% of Average
High-3)
Proposed
(2 1/2% of Average High-3 Salary x Years
of Overseas Service, plus 2% of All Non-
Overseas Service Not to Exceed 75.0% of
Average High-3)
5
Years
Overseas
$26,994
64.5%
8
Years
Overseas
$27,622
66.0%
12
Years
Overseas
$28,459
68.0%
20
Years
Overseas
$30,133
72.0%
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COMPARISONS OF ANNUITIES FOR CIARDS RETIREES
COMPUTED UNDER CURRENT CIARDS & PROPOSED FORMULAS
Employee with 32 Years of Service & High-3 of $32,706 - GS-12/6
CIARDS % of
(Basic Annuity) High-3
Current $20,932 64.0%
(2% of Average High-3 Salary x * Years
of Service Not to Exceed 35 Years of
Service Credit; i.e., 70% of Average
High-3)
Proposed
(2 1/2% of Average High-3 Salary x Years
of Overseas Service, plus 2% of All Non-
Overseas Service Not to Exceed 75.0% of
Average High-3)
5
Years
Overseas
$21,749
66.0%
8
Years
Overseas
$22,240
67.9%
12
Years
Overseas
$22,894
69.9%
20
Years
Overseas
$24,202
73.9%
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COMPARISONS OF ANNUITIES FOR CIARDS RETIREES
COMPUTED UNDER CURRENT CIARDS & PROPOSED FORMULAS
Employee with 26 Years of Service & High-3 of $31,516 - GS-11/9
CIARDS % of
(Basic Annuity) High-3
Current $16,388 51.9%
(2% of Average High-3 Salary x # Years
of Service Not to Exceed 35 Years of
Service Credit; i.e., 70% of Average
High-3)
Proposed
(2 1/2% of Average High-3 Salary x Years
of Overseas Service, plus 2% of All Non-
Overseas Service Not to Exceed 75.0% of
Average High-3)
5
Years
Overseas
$17,176
54.4%
8
Years
Overseas
$17,649
56.0%
12
Years
Overseas
$18,279
57.9%
20
Years
Overseas
$19,540
62.0%
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COMPARISONS OF ANNUITIES FOR CIARDS RETIREES
COMPUTED UNDER CURRENT CIARDS & PROPOSED FORMULAS
Employee with 24 Years of Service & High-3 of $19,264 - GSB-7/7
CIARDS % of
(Basic Annuity) High-3
Current $ 9,247 48.0%
(2% of Average High-3 Salary x # Years
of Service Not to Exceed 35 Years of
Service Credit; i.e., 70% of Average
High-3)
Proposed
(2 1/2% of Average High-3 Salary x Years
of Overseas Service, plus 2% of All Non-
Overseas Service Not to Exceed 75.0% of
Average High-3)
5
Years
Overseas
$ 9,726
50.4%
8
Years
Overseas
$10,017
51.9%
12
Years
Overseas
$10,403
54.0%
20
Years
Overseas
$11,173
57.9%
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