REQUIRED PAYMENT OF FEDERAL SALARIES BY ELECTRONIC FUND TRANSFER

Document Type: 
Collection: 
Document Number (FOIA) /ESDN (CREST): 
CIA-RDP85B01152R000500550046-5
Release Decision: 
RIPPUB
Original Classification: 
K
Document Page Count: 
2
Document Creation Date: 
December 21, 2016
Document Release Date: 
March 25, 2008
Sequence Number: 
46
Case Number: 
Publication Date: 
May 23, 1983
Content Type: 
MEMO
File: 
AttachmentSize
PDF icon CIA-RDP85B01152R000500550046-5.pdf39.04 KB
Body: 
ATTENTION: FROM: Acting Director of Logistics SUBJECT: Required Payment of Federal. Salaries by Electronic Fund Transfer REFERENCE: Multiple addressee memo fm ADDA, dtd 16 May 83, same subject (DDA 83-1292/1) 1. In response to the referent, the Office of Logistics (OL) has reviewed the draft bill and explanatory letter for requiring the use of Electronic Fund Transfer (EFT) to pay wages and salaries of Federal employees. It is apparent from the review that there are substantial economies to be realized through mandatory EFT, and if enacted the bill would ineor ate adequate provision for exceotion 7 7 here necessary. Therefore, OL supports the proposal from an economic and pay administration standpoint. However, as proposed, the bill fails to recognize several important factors in the employee compensation process. First and foremost, the proposed bill fails to recognize the right of individuals to choose how their earnings are disbursed. Secondly, the proposed bill assumes that all banks have EFT capability and that all employees place their earnings in a bank or banking institution. This bill. would force those who do not use banks to begin using them. Finally, mandatory EFT would infringe upon an individual's right to privacy with regard to his/her earnings. The OL would, therefore, anticipate signifi- cant employee opposition to the mandatory adoption of EFT. 2. If additional information is desired, please contact