AGENCY CIVIL SERVICE RETIREMENT POLICY

Document Type: 
Collection: 
Document Number (FOIA) /ESDN (CREST): 
CIA-RDP80-00693A000200010013-8
Release Decision: 
RIPPUB
Original Classification: 
S
Document Page Count: 
3
Document Creation Date: 
December 22, 2016
Document Release Date: 
May 25, 2011
Sequence Number: 
13
Case Number: 
Publication Date: 
April 30, 1970
Content Type: 
MEMO
File: 
AttachmentSize
PDF icon CIA-RDP80-00693A000200010013-8.pdf124.63 KB
Body: 
Sanitized Copy Approved for Release 2011/05/25: CIA-RDP80-00693A000200010013-8 TRANSMITTAL SLIP I DATE 4 May 1970 TO: DD/ORD ROOM NO. BUILDING REMARKS: FROM: D/ORD ROOM NO. BUILDING EXTENSION FEB 55 241 REPLACES FORM 36-8 (47) "I'm NO- I WHICH MAY BE USED. Sanitized Copy Approved for Release 2011/05/25: CIA-RDP80-00693A000200010013-8 Sanitized Copy Approved for Release 2011/05/25: CIA-RDP80-00693A000200010013-8 t~~VA C~..x ORD 2372-70 L tr'AY 1970 MEMORANDUM FOR : Deputy Director for Science and Technology ATTENTION : DD/SST Career Service Board SUBJECT : Agency Civil Service Retirement Policy 1. The Career Service Panel/ORD has recently held a series of discussions concerning the potential impact of the Agency's retire- ment policy, as implemented under on future personnel re- cruitment and on the Agency's ability to continually improve its career development programs. The ORD/CSP agrees with, and indeed applauds the goals of the Agency's Civil Service retirement policy, particularly with respect to its expected influence on career develop- ment. At the same time, the Panel expresses serious concern over certain disadvantages the policy offers Agency employees as compared to other Federal Civil Service personnel. The Panel fears that in the years ahead the advantages sought through a more rapid turnover of personnel in senior positions may, in fact, be blunted by offering a "second-class citizens" retirement policy as one of its inducements to prospective new recruits. No one acid talk to our recruiters very long these days to realize the serious impact this could have on the Agency's continued success in the future manpower market. By the term "second-class" the Panel is indicating the clear disadvantage inherent in retirement at age 60 versus retirement at 65 or 70 years of age in the absence of any compensatory provisions. 2. Since the CIA has traditionally been at the forefront among government agencies in the establishment of improved and forward- looking management policies, the ORD/CSP suggests that the DD/S&T Career Service Board also give thought to this problem in the expecta- tion that any recommendations offered by that body would be responded to in the usual positive and effective way traditional of the Agency. Meanwhile the ORD/CSP submits for your consideration the following suggested remedy: SE-bud try csaU? I Excluded from aatomatle down railing and de:lassliteotloa Sanitized Copy Approved for Release 2011/05/25: CIA-RDP80-00693A000200010013-8 Sanitized Copy Approved for Release 2011/05/25: CIA-RDP80-00693A000200010013-8 SUBJICCT: Agency Civil Service Retirement Policy That the provisions *eE::::Iw amended in such a way that they establish mot a penalty but an Induce- ment for early retirement. As one possible mean of accomplishing this. it is suggested that be* earned and contributed retirement i be adjusted to provide for an a"tioaal 3S of high three salary to become h of ?ot remeat income it retirement occurs at age s0; that 4% or high three salary be, added to retirement income if retirement occurs at age its and that 3% of high three salary be added to retirement a if went occurs at age $2. 3. It Is understood that the above suggestion does not take into aoeesst length of employment or the many other nuances which must be considered In dsvelispieg a finite plan. It is suggested as a starting point only. It Is also understood that any cones at perceived or actual Inequities existing at present, as a result of the Agency's reir emeot policy. could sad should be handled on an isdivideal basis. The ORD/C$P suggestion looks to the More and, therefere, ocotalr no element of immediacy or urgency. It Is colt that after appropriate study, perhaps with the Coopera- tiea of Owes at Personnel and Office of Finance, a plan could be devised and, when an opportnut time arrived, steps could be taken for its imple- mematien. Distribution: Orig b Addr ,Ressee n Director of Research and Development i nn/ (nun/CSP) - ORD Chrono 2- DD/S&T Career Service Board -2a. z / 1 - RMC Subject File 1 - RMC Chrono Xerox copies 1 12 - TO each member of DD/S&T Career Service Board 1 - AO/ORD 1 - C/MBSD/ORD DD/S&T/ ORD/ RMChapman; jc 30 Apr 70 Robert M. Chapman Sanitized Copy Approved for Release 2011/05/25: CIA-RDP80-00693A000200010013-8