FORTIETH ANNUAL REPORT OF THE BOARD OF ACTUARIES OF THE CIVIL SERVICE RETIREMENT SYSTEM

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP78-03721A000400010007-8
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 18
• Document Creation Date: December 9, 2016
• Document Release Date: February 8, 1999
• Sequence Number: 7
• Publication Date: April 2, 1962
• Content Type: REPORT

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87th Congress, 2d Session
House Document No. 380
FORTIETH ANNUAL REPORT OF THE
BOARD OF ACTUARIES OF THE
CIVIL SERVICE RETIREMENT SYSTEM
LETTER
FROM
CHAIRMAN, UNITED STATES CIVIL SERVICE
COMMISSION
TRANSMITTING
THE FORTIETH ANNUAL REPORT OF THE BOARD OF
ACTUARIES OF THE CIVIL SERVICE RETIREMENT SYSTEM
FOR THE FISCAL YEAR ENDED JUNE 30, 1960, PURSUANT
TO THE CIVIL SERVICE RETIREMENT ACT
APRIL 2, 1962.?Referred to the Committee on Post Office and
Civil Service and ordered to be printed
U.S. GOVERNMENT PRINTING OFFICE
72011 WASHINGTON: 1962
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Niro
LETTER OF TRANSMITTAL
U.S. CIVIL SERVICE COMMISSION,
Washington, D.C., March 30, 19621
Hon. JOHN W. MCCORMACK,
Speaker of the House of Representatives.
DEAR MR. SPEAKER: The Commission is pleased to send you here-
with the 40th Annual Report of the Board of Actuaries of the Civil
Nor Service Retirement System for the fiscal year ended June 30, 1960,
submitted in pursuance of section 16 of the Civil Service Retirement
Act.
The report has also been sent to the President of the Senate.
Sincerely yours,
JOHN W. MACY, Jr., Chairman.
in
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LETTER OF SUBMITTAL
NEW YORK, N.Y., March 9, 1962.
U.S. CIVIL SERVICE COMMISSION,
Washington, D.C.
DEAR COMMISSIONERS: The Board of Actuaries appointed under
section 16(g) of the Civil Service Retirement Act has the honor to
submit herewith its 40th annual report on the operation of the fund.
The report gives a statement of the Government appropriation
necessary to finance the fund on the normal cost-plus-interest basis,
under the benefit and contribution provisions of the act as amended
to June 30, 1960, and on the basis of the estimatedmembership of the
fund as of that date.
The Board wishes to record its great loss in the death of its member,
Mr. Otto C. Richter, on February 17, 1962. The Board was most
fortunate to have had the benefit of Mr. Richter's services in the
preparation of the present report, having in fact, received his verbal
approval of the report on the day preceding his death. As a result
of the experience gained from his service as an actuary, the advice he
was able to give was always of great help.
Respectfully submitted.
GEORGE B. BUCK, Jr.,
R. R. REAGH,
Board of Actuaries, Civil Service Retirement System.
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40TH ANNUAL REPORT OF THE BOARD OF ACTUARIES OF THE
CIVIL SERVICE RETIREMENT SYSTEM
The civil service retirement and disability fund was established in
1920 to furnish retirement benefits to officers and employees of the
U.S. Government who become superannuated in governmental service,
or incapacitated before attaining old age. The Retirement Act makes
provision for. a Board of Actuaries of the Civil Service Retirement
System and in section 16(g) defines the chief duties of the Board, as
follows:
* * * to report annually, upon the actuarial status of the system. and to furnish
its advice and opinion on matters referred to it by the Commission and it shall
have the authority to recommend to the Commission and to the Commission,
such
changes as in the Board's Judgment may be deemed necessary to protect the
public interest and maintain the system upon a sound financial basis. The
Commission shall keep or cause to be kept such records as it deems necessary
for making periodic actuarial valuations of the Civil Service Retirement System,
and the Board shall make such valuations at intervals of five years, or oftener
if deemed necessary by the Commission. * * *
This report, which has been prepared as of June 30, 1960, is the
40th annual report of the Board of Actuaries. The report gives first
a summary of the main benefit and contribution provisions of the act
lirme as amended during 1960. This summary is followed by an estimate
of the present membership and a table showing the number and
amount of annuities in force on June 30, 1960. The report next gives
a discussion of the appropriation payable by the Government for the
support of the fund. Statements giving the results of a valuation of
theliabilities on account of annuities in force as of June 30, 1960, and
the results of the mortality experience of annuitants for the past year
are then submitted. In conclusion, the Board gives certain comments
on the present operation of the fund.
SUMMARY OF BENEFIT AND CONTRIBUTION PROVISIONS OF THE
CIVIL SERVICE RETIREMENT ACT
The following summary states the main benefit and contribution
provisions of the Retirement Act currently in effect as they were
interpreted by .the ,Board of Actuaries. "Average salary" is used to
denote the average annual basic salary received by the employee during
any 5 consecutive years of creditable service which affords the highest
average. "Lump-sum credit" means the unrefunded amount consist-
ing of the retirement deductions made from the employee's ,basic
salary; any sums deposited by the employee covering prior service;
and interest on such deductions and deposits, at 4 percent per annum
to December 31, 1947, and at 3 percent per annum thereafter, com-
pounded annually to December 31, 1956, or, in the case of an employee
who separates before he has 5 years of service, to the date of separa-
tion. The lump-sum credit does not include interest if the service
covered thereby aggregates 1 year or less.
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2 CIVIL SERVICE RETIREMENT SYSTEM, 1960
BENEFITS
Service retirement
Condition for eligibility.'?Retirement is compulsory at age 70 after
15 years of service, with certain exceptions.
Retirement is permissible at the option of the employee at age 60
after 30 years of service or at age 62 after 5 years of service. A Mem-
ber of Congress may retire at age 60 after 10 years of Member service.
At the option of the employee at age 55 after 30 years of service,
or upon involuntary separation not due to misconduct or delinquency
after 25 years of service, or after age 50 and 20 years of service, or upon
separation from service of a Member of Congress other than by resig-
nation or expulsion after age 50 and after having served in 9 Con-
gresses, an immediate annuity is payable equal to the regular annuity
reduced by one-twelfth of 1 percent for each full month not in excess
of 60, and one-sixth of 1 percent for each full month in excess of 60
the employee is under age 60.
Amount of benefit.2--The annuity is equal to?
(1) The larger of?
(a) 1% percent of the employee's average salary multiplied
by so much of his total service as does not exceed 5 years. ' or
(b) 1 percent of the employee's average salary, plus $25,
multiplied by so much of his total service as does not exceed
5 years; plus
(2) The larger of?
? (a) 1% percent of the employee's average salary multiplied
by so much of his total service as exceeds 5 years but does
not exceed 10 years; or
(b) 1 percent of the employee's average salary, plus $25,
multiplied by so much of his total service as exceeds 5 years
but does not exceed 10 years; plus
(3) The larger of?
(a) 2 percent of the employee's average salary multiplied
by so much of his total service as exceeds 10 years; or
(b) 1 percent of the employee's average salary, plus $25,
multiplied by so much of his total service as exceeds 10 years.
No annuity is to exceed 80 percent of the employee's
average salary exclusive of that provided by voluntary
contributions.
Disability retirement
Condition for eligibility.?Retirement is permissible upon disability
after 5 years of civilian service.
Amount of benefit.?The benefit is determined by the same method
as used for service retirement. The minimum annuity is 40 percent
of the employee's average salary but never greater than the annuity
1 Certain employees who have rendered 20 years of service in the investigation, apprehension, or detention
of persons suspected or convicted of offenses against the criminal laws of the United States are eligible to
retire after age 50 and receive an annuity of 2 percent of average salary multiplied by the number of years of
service.
:2 An: additional annuity of $36 for each year of certain specified service in Alaska or on the Isthmus of
Panama is allowed officers and employees who are citizens of the United States. The annuity of a con-
gressional employee is computed as above except that for each year of military service and service as a con-
gressional employee, not in excess of 15 years, and for each year of Member service, the annuity is equal
to 23 percent of average salary provided he has at least 5 years of service as a congressional employee or
Member or any combination of such service. The annuity of a Member of Congress or of a former Mem-
ber with title to a Member annuity is computed as above except that if he has had at least 5 years of service
as a Member or a congressional employee or any combination of such service, the annuity for each year
of Member service and creditable military service and for each year of congressional service not in excess
of 15 years, is equal to 2 percent of average salary: the maximum annuity is 80 percent of final salary
exclusive of that provided by voluntary contributions.
11111?
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he would be entitled to were his service to include the period elapsing
between the date of separation and the date he attains age 60. The
*40.4 provision for a minimum benefit does not increase the annuity payable
to any survivor.
An individual generally may not receive retirement annuity and
compensation for injury or disability to himself from the U.S. em-
ployees' compensation fund for the same period, but if eligible for
both benefits must choose one or the other. However he may con-
currently receive annuity and scheduled disability payments or
medical services.
Deferred retirement
Condition for eligibility.?Upon separation from service after 5 or
more years of civilian service, a deferred annuity is payable at age 62.
A member separated with 10 years of member service may receive a
deferred annuity beginning at age 60, or, with 20 years of service
(including 10 years member service) may receive a deferred annuity
beginning at age 50, reduced as described under "service retirement."
Amount of benefit.?The deferred annuity is computed by the same
method as the regular annuity.
An employee may elect to receive his lump-sum credit in lieu of
the deferred annuity, provided separation occurs and application is
filed at least 31 days before the annuity commencing date.
Lump-sum benefits
Upon separation from active service before completion of 5 years
of civilian service, the employee's lump-sum credit is paid to him.
Upon death before 5 years of civilian service or after 5 years of
civilian service where there is no survivor entitled to an annuity, the
employee's lump-sum credit is paid to his beneficiary.
Upon death of a retired employee before the payments of the
annuity equal the lump-sum credit the difference is paid, unless there
is a survivor entitled to an annuity. Upon termination of all survivor
annuities before total annuity payments equal the lump sum credit.
the difference is paid.
Annuities to dependents upon death in active service
Condition for eligibility.?Annuities to dependents are paid upon
death of an employee in active service after 5 years of civilian service.
Amount of benefit.?(a) If survived by a widow or dependent wid-
ower, an annuity beginning after the death of the employee equal to
one-half regular annuity is payable until death or remarriage of widow
or widower or until the widower becomes capable of self support.
(b) If survived by a widow or widower each surviving child who
received more than one-half his support from the employee shall be
paid an annuity equal to the smallest of (1) 40 percent of the em-
ployee's average salary divided by the number of children, (2) $600, or
(3) $1,800 divided by the number of children.
(c) If survived by a child or children and there is no widow or
widower, each surviving child shall be paid an annuity, equal to the
smallest of (1) 50 percent of the employee's average salary divided by
the number of children, (2) $720, or (3) $2,160 divided by the number
of children.
Upon death of the widow or widower, the annuity pa able under
(b) to a child or children is recomputed and said as sro
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4 CIVIL SERVICE RETIREMENT S
The annuity payable to a child is terminated upon attainment of
age 18, marriage or death, whichever is earlier, except if such child is
incapable of self-support by reason of mental or physical disability
incurred before age 18 his annuity is terminated only upon death,
marriage, or recovery from such disability.
Upon termination of the annuity of a child, the annuities to other
children are recomputed as though the child whose annuity was termi-
nated had not survived the employee.
Optional benefits
At retirement a married employee may elect to receive in lieu of his
or her regular annuity a reduced annuity payable during the em-
ployee's life and an annuity payable to the surviving widow or widower
equal to 50 percent of as much of his regular annuity before reduction
as he designated. The annuity to the survivor commences after the
retired employee dies and ceases upon death or remarriage. The
reduction in the employee's annuity exclusive of any portion of the
annuity payable on account of the minimum provisions in cases of
disability retirement is 2312 percent of so much of the regular annuity
as he designated as does not exceed $2,400, plus 10 percent of any
excess over $2,400.
At service or deferred retirement any unmarried employee in good
health may elect to receive in lieu of his regular annuity a reduced
annuity payable during his life and an annuity payable after his death
to a survivor annuitant equal to 50 percent of such reduced annuity.
The annuity payable to the employee is reduced by 10 percent of his
regular annuity and by an additional 5 percent of the regular annuity
for each full 5 years the person designated is younger than the retiring
employee but such total reduction shall not exceed 40 percent.
Annuities to dependents upon death after retirement
Upon the death of an annuitant, benefits calculated in the same
manner and payable under the same conditions as those granted upon
the death of employees in active service are payable to surviving
children.
CONTRIBUTIONS
By employees
Employees other than Members of Congress pay 63 percent of
salary commencing October 1, 1956. Members of Congress pay 7%
percent of salary for Member service commencing October 1, 1956.
Any employee may at his option and under regulations prescribed
by the Civil Service Commission deposit additional smns in multiples
of $25 but the total amount deposited for the purchase of an additional
annuity may not exceed 10 percent of the employee's basic salary
for service rendered since August 1, 1920. Any contributions made
by an employee after he has performed sufficient service to entitle him
to the maximum annuity are applied to any deposit due and the bal-
ance is deemed to be voluntary contributions.
By government
Beginning July 1957, each employing agency must contribute
amounts equal to the deductions of its employees.
While no direct appropriations are required by law,' estimates of
amounts needed to finance the fund on a "normal cost-plus-interest
basis" are to be submitted.
Special appropriations are required for Public Law 85-465.
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CIVIL SERVICE RETIREMENT SYSTEM, 1960 5
yeave
ESTIMATED ACTIVE MEMBERSHIP AS OF JUNE 30, 1960
The active membership of the fund as of June 30, 1960, was esti-
mated by the Civil Service Commission to consist of 2,138,000 em-
ployees with an annual payroll of $11,520 million.
ANNUITANTS ON THE ROLL AS OF JUNE 30, 1960
The following table summarizes the number and amount of annuities
in force on June 30, 1960, as shown by the records of annuitants main-
tained by the Civil Service Commission. On pages 9 to 15 of this
report, the distributions of the number and annuities of annuitants
on the roll as of June 30, 1960, by age are given.
TAinn I.-The number and annual annuities of annuitants on the roll as of June 30,
1960
Group
Regular annuities
Voluntary annuities
Total
annuities
Number
Amount
Number
Amount
Retired on account of age and voluntary and
involuntary separations:
Men
212,018
$455, 290, 452
3, 632
$1, 243,416
$456, 533, 868
Women
61,204
81, 417,080
1, 865
444,504
81,861, 664
Total
203,282
536, 707,512
6,497
1, 687, 920
538, 395, 432
Retired on account of disability:
Men
79, 942
120, 957, 000
588
121,068
121, 078,068
Women
22, 167
28,842, 828
287
46, 056
28, 888,884
Total
102, 109
149, 799, 828
875
167, 124
149, 966, 952
Survivors of deceased employees:
Children
24, 119
9, 496, 944
9,496, 944
Widows
45,217
37, 753, 968
37, 753, 968
Widowers
41
22,752
22, 752
Total
69, 377
47,273, 664
47, 273, 664
Survivors of deceased annuitants: 1
Children
5,975
2, 156, 362
2, 156,352
Widows:
Terminable on death, remarriage or
attainment of age 50
374
210, 324
210,324
Terminable on death or remarriage._
26,023
27, 735, 696
27, 735, 696
Terminable on death only
29,020
17, 162, 452
17, 162, 452
All others:
Men
940
446, 928
446,928
Women
178
156, 792
156, 792
Total
63, 010
47, 858, 544
47, 858, 544
Widows and widowers granted annuities
under sec. 2 of Public Law 85-465
17, 140
8, 458, 836
8, 458, 836
Grand total
514, 918
790, 098, 384
6,372
1, 855, 044
791, 963, 428
1 Includes voluntary annuities continued to survivors.
METHOD OF FINANCING PLAN
Each employee contributes 6% percent of his compensation and each
employing agency matches the contributions of its employees. The
act does not specifically provide for direct appropriations by the Gov-
ernment but does state that "the Commission shall submit estimates
of the appropriations necessary to finance the fund on a normal cost-
plus-interest basis and to continue this act in full force and effect."
Under this provision, the estimated appropriation submitted by the
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6 CIVIL SERVICE RETIREMENT SYSTEM, 1960
Commission should consist of the part of the normal contribution not
met by employees' contributions and those of employing agencies, and
interest on the deficiency.
The normal contribution rate is the average percentage of the sal-
aries of new employees that is required to be paid into the fund from
the time they enter service until they leave service in order to accumu-
late sufficient funds to pay their benefits. Contributions at the nor-
mal contribution rate alone will not support the fund for present em-
ployees because there is an accrued liability in the fund for which no
appropriations have been made, and which is referred to as the
"deficiency." This deficiency arose originally when the fund was
established and employees were given credit for their prior service
during which no contributions had been made by the Government.
This deficiency has grown during the years the fund has operated for
various reasons including liberalization of benefits and inadequate
contributions. If the deficiency is not to increase in the future the
full normal contribution should be met and interest on the deficiency
paid. Any amount needed to meet these requirements over and above
the contributions provided by members and the matching contribu-
tions of the employing agencies will need to be met by Government
appropriations if the fund is to be financed on the "normal cost-plus-
interest basis."
ANNUAL APPROPRIATION OF GOVERNMENT AS OF JUNE 30, 1960
The following statement as of June 30, 1960, gives an estimate of
the amount payable by the Government on the basis of the estimated
payroll as of that date should it make an annual appropriation equal
to the normal cost not met by the contributions of employees and
employing agencies plus the interest on the deficiency.
TABLE Il?Total annual contributions required to support the civil service retire-
ment system on the normal cost-plus-interest method prepared as of June 30,
1960
Normal cost as?
Deficiency cost as?
Total cost as?
Contribution
Percent of
Annual
Percent of
Annual
Percent of
Annual
payroll
amount
payroll
amount
payroll
amount
Total
13. 83
$1, 593, 216, 000
8. 11
$934,279,000
21. 94
$2, 527, 495, 000
Payable by employees
6.50
748, 800, 000
6. 50
748, 800,000
Payable by employing
agencies
6. 50
748, 800, 000
6. 50
748, 800, 000
Payable by Government__
. 83
95, 616,000
8. 11
934, 279, 000
8. 94
1,029, 895,000
The normal cost to support the benefits accruing on account of
current service is equivalent to 13.83 percent of payroll, which is the
normal cost shown in last year's report. The employees contribute
6.50 percent toward the normal cost and the employing agencies
match their employees' contributions. Therefore, there remains 0.83
percent to be appropriated by the Government to meet the normal
cost. On the basis of the estimated payroll as of June 30, 1960, this
represents an annual payment of $95,616,000. In addition to the
normal cost, the table shows a deficiency payment of $934,279,000 to
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CIVIL SERVICE RETIREMENT SYSTEM, 1960 7
meet the accruing interest at 3 percent on the estimated deficiency
as of June 30, 1960. Therefore, the total annual appropriation
Nuori needed in addition to the contributions of employees and employing
agencies is $1,029,895,000, if the fund is to be supported on the
"normal cost-plus-interest basis."
The amount of the annual deficiency payment is greater than that
shown in last year's report due to the fact that during the fiscal year
1960 no direct appropriation was made by the Government and due
to salary increases and expanded coverage under Public Law 86-568.
As a result, the deficiency which as of June 30, 1959, was $28,363
million has increased to approximately $31,143 million. The increase
consists of about $1,800 million on account of salary increases and
expanded coverage and the remainder on account of the unpaid
interest on the deficiency at the beginning of the year, the deficiency
in interest income and the part of the accruing normal cost, with
interest thereon, that exceeded the contributions by employees and
the employing agencies. The only direct appropriation made by the
Government for the year 1961 was the amount to cover the increases
and new annuities granted under Public Law 85-465 for the year
1961. This means that the deficiency next year will again be greater
by the amount of the deficit in the normal contribution and the
interest on the deficiency. The deficiency is therefore increasing at
a rapid rate, and will continue to increase until the full normal cost
is met and interest on the deficiency is paid.
LIABILITIES OF FUND ON ACCOUNT OF ANNUITANTS ON THE ROLL
AS OF JUNE 30, 1960
In accordance with its usual practice, the Board of Actuaries is
presenting below the results of a valuation of the liabilities of the
fund on account of annuitants on the roll. This valuation, prepared
as of June 30, 1960, was based on the mortality tables included in the
38th annual report of the Board. A 3-percent interest rate was used.
TABLE M.-Liabilities on account of annuitants as of June 30, 1960
No,
Group
Present value of benefits to annuitants on the
roll
Regular
annuities
Voluntary
annuities
Total
annuities
Retired on account of ago and voluntary and involun-
tary separation
Retired on account of disability
Reversionary annuities to designated beneficiaries I
Survivorship annuities'
Total
$4, 980, 455, 000
1, 468, 081, 000
961, 042, 000
1, 157, 453, 000
$16, 044, 000
1, 621,000
$4, 996, 499, 000
1, 469, 702,000
061, 042, 000
1, 157, 453, 000
8,507, 031, 000
17, 605, 000
8, 584, 696, 000
I Includes voluntary annuities.
In the 39th annual report of the Board, the liabilities on account of
annuities payable to annuitants on the roll as of June 30, 1959, were
shown to be $7,831,613,000, as compared with $8,584,696,000 as of
June 30, 1960, or an increase in liabilities of more than $753 million
during the year ended June 30, 1960.
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8 CIVIL SERVICE RETIREME
SUMMARY OF MORTALITY EXPERIENCE OF ANNUITANTS FOR THE
YEAR ENDED JUNE 30, 1960
For the purpose of making a check of the mortality tables adopted
for annuitants, the actual and expected number of deaths during the
past year were compared, separately for men and women who had re-
tired on account of age, or voluntary or involuntary separation from
service; and for men and women who had retired on account of dis-
ability. The following table summarizes the results of the compari-
son:
TABLE IV.?Summary of the comparison of the actual and expected deaths among
annuitants July 1, 1959, to June 30, 1960
Group
Number of deaths
Ratio of
actual cases
to expected
cases
Actual
Expected
Difference
Employee annuitants retired on account of age, volun-
tary or involuntary separation:
Men
10,767
11,034.9
+267. 9
0. 976
Women
1, 390
1, 448. 1
+5&1
. 960
Employee annuitants retired on account of disability:
Men
4, 825
5,129.9
+304. 9
.941
Women
856
865. 8
+9.8
.989
A check of the tables used for widows was also prepared this year.
The following table summarizes the comparison.
Al%
TABLE V.?Summary of the actual and expected terminations among female survivor'
of deceased employees and annuitants July 1, 1959, to June 30, 1960
Cause of termination
Number of terminations
Ratio of
actual cases
to expected
CMOS
Actual
Expected
Difference
Death
3,235
3, 253. 3
+18.3
0. 994
Remarriage
925
829. 6
?95. 4
1. 115
Includes deaths among survivors who were granted annuities under Public Law 85-465.
The expected terminations shown in the preceding tables were based
on the mortality and termination rates shown in the Board's 38th
report. The actual rates of mortality among all classes of annuitants
continued to be less than the expected rates. If experience during the
next few years shows a similar result, more conservative mortality
tables will be necessary.
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CONCLUSIONS
,411., Since the time that the Board submitted its previous report, no
fundamental changes in the financing of the fund have occurred except
that the deficiency has increased from $28,363 million as of June 30,
1959, to $31,143 million as of June 30, 1960, which represents an in-
crease of 9.8 percent. Therefore, the Board feels that it can only
reiterate the previous recommendations with the thought that as the
deficiency increases the recommendations become even more pertinent.
These recommendations are summarized as follows. The supporting
arguments have been given in many previous reports.
(1) Direct appropriations should be made by the Government equal
to the amount by which the joint contributions of employees and em-
ploying agencies fall short of meeting the normal cost, plus the amount
of accruing interest on the deficiency.
(2) Actuarial valuations of the fund should be made more frequently,
especially when insufficient appropriations are being made and as a
result the deficiency is rapidly increasing.
TAP LE 1.-The number and regular monthly annuities of annuitants on the roll
classified by sex and age as of June 30, 1960-Retired on account of age and
voluntary and involuntary separations
Age
Mon
Women
Ago
Men
Women
Num-
ber
Monthly
annuities
Num-
ber
Monthly
annuities
Num-
ber
Monthly
annuities
Num-
ber
Monthly
annuities
44
COCApP.Wt.2
WQ,=.F.N.0WNWc006,44,00,01WWWCDONWW010.P.MIA.
$261
75
.CONH,LNZO01,?.000WWWCio-.40003-4t.DOI=W.-,.=COWOOCO
$1, 223,806
1, 809
$228, 004
45
822
1
$136
76
1,130, 945
1,637
201,482
46
849
1
134
77
955,074
1,373
166,258
47
4, 664
3
427
78
831, 790
1, 171
144, 669
18
6,308
3
523
79
691,614
966
118,230
49
9,380
4
545
80
605,552
793
100,443
50
12,857
14
2,129
81
507,794
697
85,986
51
29, 536
41
6, 768
82
406, 073
564
71, 524
52
44, 907
46
7,803
83
329, 350
446
57, 728
53
50,268
49
7,840
84
292, 087
401
64, 133
54
38, 429
63
9,029
85
232,151
301
37,864
55
93,320
95
18,514
86
181,320
246
32,221
56
287,117
190
37, 261
87
116,218
178
23, 852
57
369,204
283
86,475
88
104, 310
146
18, 185
58
510,656
431
86, 479
89
74,231
99
13,225
59
574, 647
486
104, 773
90
58, 137
87
10,441
30
726,579
676
144,917
91
40,457
63
7,591
51
936, 401
797
181, 928
92
28,506
43
6, 109
52
1, 254, 322
1,394
237, 668
93
18,839
23
2,486
13
1, 812, 645
2, 578
315,495
94
13, 955
25
3, 161
34
2, 039, 386
3,005
391, 186
95
6, 746
10
1,208
55
2, 263, 266
3,238
422,813
96
4,812
10
1,872
56
2,454, 879
3,322
411, 138
97
4, 089
5
726
57
2,398, 219
5,329
418,328
98
1, 603
3
374
58
2, 378, 429
3,239
895,303
99
1,800
2
326
59
2, 067, 216
2,869
353,001
100
598
1
24
'0
2, 142, 226
3,023
375,193
101
186
r1
2,400, 260
3,485
442, 537
102
368
'2
2, 113,384
3,027
386, 785
104
105
'3
58
1, 709,914
1, 503, 226
2,350
2,166
204,809
270,200
Total _ ___
212,018
37, 940, 871
51,264
6, 784, 755
Approved For Release 2001/03/02 : CIA-RDP78-03721A000400010007-8
Approved For Release 2001/03/02 ?ga,RRE:PTufow;lA000400010007-8
10 CIVIL SERVICE RETIRE , 6
Approved F
TABLE 2.-The number and voluntary monthly annuities of annuitants on the roll A%
classified by sex and age as of June 30, 1960-retired on account of age and volun-
tary and involuntary separations
Age
Alen
Women
Age
Alen
Women
Nutn-
ber
Monthly
annuities
Num-
her
Monthly
annuities
Num-
her
Monthly
annuities
.
Num-
ber
Monthly
annuities
49
1
$58
73
251
$7,977
87
$1,935
50
2
$56
74
207
5,732
93
1,681
51
2
13
3
60
75
175
5,076
98
1,969
52
3
198
76
152
4,632
60
1,057
53
4
120
77
137
3,696
62
974
64
a
23
78
97
2,699
36
696
55
6
130
4
145
79
94
2,660
37
580
56
11
319
4
66
80
77
1,702
26
481
57
16
384
3
57
81
57
1,493
21
275
58
16
361
12
238
82
35
887
16
251
59
25
691
16
451
83
32
950
11
128
50
30
794
14
497
84
35
861
8
122
51
45
1,523
26
526
86
17
487
6
62
52
60
1,467
43
1,076
86
14
448
5
60
33
105
3,14/
70
1,426
87
13
273
4
61
54
133
4,101
100
1,932
88
5
64
2
67
35
201
5,940
117
2,415
89
4
123
3
19
36
37
207
228
5,855
0,410
132
122
2,479
2,702
00
91
2
1
123
5
1
25
38
209
5,654
110
2,122
93
1
1
39
191
5,690
118
2,183
98
1
38
FO
Fl
F2
225
271
233
6,411
8,003
6,616
110
154
130
2,530
3,384
2,254
Total__
3,632
103,618
1,865
37,042
TABLE 3.-The number and regular monthly annuities of annuitants on the roll
classified by sex and age as of June 80, 1960-Retired on account of disability
Age
Alen
Women
Age
Alen
Women
Num-
her
Monthly
annuities
Num-
her
Monthly
annuities
Num-
ber
Monthly
annuities
Num-
ber
Monthly
annuities
24
1
$116
63
IND t.J C42to00 ,0 0 On OC.jbo
$571,158
1,085
$119,259
25
2
8270
1
116
64
665,051
1,097
122,715
26
1
102
2
240
65
619,799
986
106,097
27
13
1,709
7
804
66
519,628
889
92,454
28
23
2,950
11
1,413
67
449,380
796
78,643
29
25
3,086
10
1,242
68
388,842
776
77,076
30
27
3,392
12
1,423
69
288,030
653
63,457
31
52
6,081
17
1,544
70
251,714
536
63,343
32
87
10,049
24
2,411
71
222,782
520
53,339
33
166
20,247
40
4,401
72
182,187
404
41,380
34
199
23,865
44
6,068
73
131,236
328
34,055
35
259
30,138
66
6,936
74
103,653
313
32,669
36
312
37,592
87
8,802
75
77,643
285
28,957
37
384
44,999
96
10,217
76
67,585
217
23,102
18
457
53,948
100
10,259
77
52,250
172
17,641
39
614
63,477
112
11,912
78
49,721
165
17,828
10
696
74,091
138
14,900
79
42,266
140
14,782
11
601
72,407
131
14,056
80
35,963
121
12,714
12
633
78,991
159
17,485
81
34,971
117
13,055
13
670
83,471
160
17,886
82
30,346
93
10,618
14
772
07,263
174
18,968
83
24,876
78
8,698
15
757
95,472
209
22,856
84
20,521
65
7,959
16
828
104,649
223
24,537
85
13,690
47
6,188
17
853
109,449
251
27,003
86
9,878
37
4,626
93
944
121,277
318
34,033
87
5,487
46
5,512
19
996
131,441
289
30,310
88
7,286
27
3,118
10
1,147
151,476
345
39,063
89
4,979
18
2,347
51
1,280
174,837
421
45,678
90
4,543
12
1,644
52
1,415
198,179
404
54,204
91
807
6
835
53
1,502
211,631
530
57,056
02
1,064
5
607
54
1,523
217,847
575
63,199
03
940
2
156
55
1,702
248,449
572
62,526
94
474
3
430
36
1,797
273,159
668
73,228
95
253
1
184
57
1,885
282,386
731
81,549
97
220
58
2,183
329,439
853
94,792
99
113
59
2,315
355,213
794
89,301
101
58
50
3,158
470,649
1,160
132,361
79,942
10,070,750
22,167
2,403,569
il
3,142
460,508
1,070
125,841
'fetal__
52
3,967
556,090
1,233
140,045
Approved For Release 2001/03/02 : CIA-RDP78-03721A000400010007-8
CIVIL SERVICE RETIREMENT SYSTEM, 1960 11
TABLE 4.-The number and voluntary monthly annuities of annuitants on the roll
classified by sex and age as of June 30, 1960-Retired on account of disability
Age
Alen
Women
Age
Alen
Women
Num-
ber
Monthly
annuities
Num-
ber
Monthly
annuities
Num-
ber
Monthly
annuities
Num-
ber
Monthly
annuities
34
tOW0..,WWA,Q0bZ=IOCJIWWIAL,04, 4,NN
1
$1
66
ao
$657
15
$280
t2
$29
67
35
591
10
142
131
22
68
so
1,389
20
295
14
16
1
4
69
29
455
17
191
15
12
70
26
433
9
142
16
28
1
16
71
24
390
17
214
17
5
16
72
15
287
8
51
18
49
1
1
73
18
229
5
69
19
8
2
15
74
9
ss
7
62
50
50
1
2
75
9
82
5
45
51
61
5
88
76
8
117
2
62
52
129
1
10
77
7
61
2
7
53
67
1
1
78
8
203
1
31
54
82
8
25
79
6
89
6
97
55
128
5
74
80
3
28
56
112
3
18
81
3
43
1
8
57
161
6
130
82
3
37
2
36
58
311
11
184
83
3
18
1
4
59
205
8
53
84
2
38
10
250
8
102
86
1
14
11
519
15
181
86
1
1
12
440
20
204
90
1
5
13
958
18
342
588
10,089
287
3,838
14
733
22
349
Total-
15
646
11
241
TABLE 5.-The number and monthly annuities of survivor annuitants on the roll
classified by age as of June 30, 1960-Survivors of deceased employees
Age
Children
Widows
Widowers
Number
Monthly
annuities
Number
Monthly
annuities
Number
Monthly
annuities
Under6montbs
15
$530
1
104
4,212
2
226
8,877
3
351
13,516
4
480
17,795
5
606
20,8g5
6
767
25, 601
7
907
29,900
8
1,103
35,204
9
1,288
41,108
10
1,468
45,245
11
Leo,
52,634
12
1,930
60,688
13
2,277
73,317
14
2,279
74,071
15
2,090
68,395
16
2,221
73,185
1
$13
17
2,456
82,496
18
1,290
42,327
19
52
1,892
20
15
551
1
45
21
19
720
3
130
22
21
756
1
30
23
24
807
4
207
24
19
680
7
166
25
33
1,166
11
253
26
19
618
16
312
27
20
557
29
902
28
18
628
43
1,485
29
22
898
62
1,932
30
24
820
64
1,818
31
26
917
82
2,647
32
26
824
115
3,907
33
20
748
169
6,509
34
26
881
188
6,769
35
25
88S
214
8,923
36
21
788
271
11,348
37
22
5R4
R20
14.5AR
1
175
Approved For Release 2001/03/02 : CIA-RDP78-03721A000400010007-8
Approved For Release 2001/03/02 : CIA-RDP78-03721A000400010007-8
12
CIVIL SERVICE RETIREMENT SYSTEM, 1960
TABLE 5.-The number and monthly annuities of survivor annuitants on the roll 411111
classified by age as of June 80, 1960-Survivors of deceased employees-Con.
Age
Children
Widows
Widowers
Number
Monthly
annuities
Number
Monthly
annuities
Number
Monthly
annuities
38
29
$1,073
382
$16,070
39
24
908
433
20,729
40
18
563
493
24,551
41
9
352
489
24,696
42
10
395
577
30,540
43
10
351
570
29,983
44
17
520
600
34,247
1
$36
45
6
206
744
44,239
46
7
253
770
46,622
47
9
260
825
51,229
48
5
190
926
66,981
49
2
63
915
62,767
50
4
190
1,077
73,095
1
46
51
2
52
1,272
82,979
1
52
52
2
51
1,308
88,566
53
4
145
1,420
08,810
1
52
54
1
41
1,460
100,977
1
17
55
1
30
1,594
112,739
1
20
56
1
41
1,636
116,479
57
1,705
123,939
3
90
58
1,817
129,203
59
1,842
137,932
1
46
60
2,138
159,404
2
64
61
1,870
140,740
62
2,141
158,360
1
32
63
1,793
133,397
1
8
64
1,747
138,737
65
1,674
128,178
5
240
66
1,532
118,896
6
436
67
1,318
101,421
68
1,164
91,632
3
144
69
1,014
75,754
3
91
70
897
71,567
71
762
60,158
1
33
72
618
46,926
73
402
30,565
74
383
28,652
1
sa
75
320
23,575
2
180
76
268
20,002
1
30
77
201
14,533
2
80
78
136
9,646
1
33
79
112
8,081
1
25
80
93
6,509
81
55
3,131
82
39
2,020
83
27
1,572
84
18
731
85
10
446
86
8
606
87
4
214
88
6
220
91
1
30
100
1
186
Total
24,119
791,412
45,217
3,146,164
41
1,896
Approved For Release 2001/03/02 : CIA-RDP78-03721A000400010007-8
Approved For Release 2001/03/02 : CIA-RDP78-03721A000400010007-8
13
CIVIL SERVICE RETIREMENT SYSTEM, 1960
TABLE 6.-The number and monthly annuities of survivor annuitants on the roll
classified by age as of June 80, 1960-Survivors of deceased annuitants'
CIIILDREN
Age
N11111-
ber
Monthly
annuities
Age .
Num-
ber
Monthly
annuities
Age
Num-
ber
Monthly
annuities
Under 6
20
8
Crt 4, Ca 0 G0 nn 4=..0. cy. IND C. t.,Dr
Cn Clo cgc 0-4 CO 1,0 00 CO 0
CO 0 Oa 0, 00 00 0 0 ?4 t. CY 0 0 00 0 t?J
41
14
$497
months__....
5
$160
21
10
42
14
555
1
17
523
22
12
43
8
270
2
28
1,013
23
9
44
8
324
3
66
2,281
24
13
45
9
300
4
73
2,283
25
16
46
5
203
5
122
3,937
26
12
47
11
456
6
121
3,733
27
7
48
6
219
7
182
5,301
28
12
49
7
255
8
202
6,355
29
13
50
6
185
215
6,721
30
13
51
8
320
10
276
8,380
31
9
52
3
117
11
295
0,058
32
17
53
2
54
12
389
11,024
33
12
54
3
107
13
487
15,418
34
23
55
2
89
14
556
18,681
36
18
56
3
103
15
558
17,825
36
15
57
1
22
16
584
10,006
37
14
60
1
33
17
629
21,121
38
21
5,575
179,696
18
361
11,760
39
18
'Total
19
13
314
40
13
WIDOWS ANNUITIES TERMINABLE ON DEATH OR REMARRIAGE OR ATTAINMENT
OF AGE 50
28
1
$10
37
10
$411
45
31
$1,709
30
1
54
38
11
377
46
38
1,593
31
1
101
39
12
769
47
33
1,75E
32
1
39
40
16
655
48
41
1,795
33
3
93
41
18
906
49
26
1,182
34
6
251
42
21
992
50
22
1,313
35
6
182
43
30
1,380
374
17,527
36
14
381
44
32
1,578
Total
WIDOWS ANNUITIES TERMINABLE ON DEATH OR REMARRIAGE
20
$17
47
166
$10,936
71
1,026
$98,190
22
12
48
184
12,665
72
986
96,620
24
40
49
208
14,049
73
777
78,505
25
1
16
50
240
17,932
74
693
69,725
26
4
82
51
323
23,935
75
615
63,964
27
28
7
12
267
52
53
364
378
25,048
30,184
76
77
511
365
47,751
36,885
29
7
290
54
448
35,189
78
307
27,776
30
5
147
55
553
43,276
79
214
19,668
31
10
328
56
647
54,403
80
167
14,945
32
7
278
67
763
61,378
81
108
10,180
33
17
837
58
883
74,742
82
68
5,332
34
35
22
37
886
1,539
59
so
852
1,136
73,386
96,074
83
84
53
46
4,679
3,881
36
36
1,459
61
1,059
92,579
85
18
1,35.3
37
38
43
so
2,148
2,744
62
63
1,234
1,104
108,807
102,880
86
87
18
9
1,440
746
30
62
2,928
64
1,249
113,786
88
9
586
40
41
67
75
3,245
4,219
65
ss
1,274
1,271
117,562
119,736
89
90
2
1
148
62
42
71
3,587
67
1,253
116,160
91
1
44
43
79
4,278
68
1,270
121,406
92
1
121
44
105
4,927
69
1,104
104,232
26, 023
2, 311, 308
45
46
100
161
6,576
10,668
70
1,085
107,333
Total
1 Includes voluntary annuities continued to survivors.
Approved For Release 2001/03/02 : CIA-RDP78-03721A000400010007-8
Approved For Release 2001/03/02 : CIA-RDP78-03721A000400010007-8
14 CIVIL SERVICE RETIREMENT SYSTEM, 1960
TABLE 6.-The number and monthly annuities of survivor annuitants on the roll .0111%
classified by age as of June 30, 1960-Survivors of deceased annuitants 1-Con.
WIDOWS ANNUITIES TERMINABLE ON DEATH ONLY
Age
Num-
ber
Monthly
annuities
Age
Num-
ber
Monthly
annuities
Age
Num-
ber
Monthly
annuities
31
1
$55
55
oz +. o oo -4 -1 05 05 0, G0 G4 0.5 l?4
,0 QV 0 OD 0 Gil Gn 01 GO 0 40 ..