NOTIFICATION OF DESIGNATION AS A PARTICIPANT IN THE ORGNIZATION RETIREMENT AND DISABILITY SYSTEM
Document Type:
Keywords:
Collection:
Document Number (FOIA) /ESDN (CREST):
0001496419
Release Decision:
RIPPUB
Original Classification:
U
Document Page Count:
1
Document Creation Date:
June 22, 2015
Document Release Date:
December 31, 2008
Sequence Number:
Case Number:
F-2007-00327
Publication Date:
April 21, 1966
File:
Attachment | Size |
---|---|
DOC_0001496419.pdf | 51.74 KB |
Body:
SEC PT
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THROUGH
SUBJECT
Notification of Designation as a Participant in the Organization
Retirement and Disability System
REFERENCE : Book Dispatch 5096 dated 12 August 1965
1. You have been found to be qualified as a participant in the Organization Retirement
and Disability System and have been so designated effective 10 April 16,
2. Although such designation under present statutes is viewed favorably by most persons,
the regulation governing this retirement system gives the individual the right to appeal such
a determination if he deems the designation adverse to his best interests. In order that this
technical requirement may be satisfied, you are hereby notified of your right to appeal. An
appeal with reasons therefore must be received in Headquarters within 60 days of the date of
this memorandum or acceptance of designation will be assumed. Any questions that you may
have in connection with your designation that cannot be answered by referring to referenced
Book Dispatch should be forwarded to Headquarters.
3. We believe that the benefits of the Organization Retirement System are superior to the
benefits of the Civil Service Retirement System. However, there are a few situations in which
an employee at the time of retirement may have so many years of service (almost 37) that he
would receive a higher annuity under the Civil Service System. Because of this, the policy
decision has been made that a participant in the Organization System who would receive a
higher annuity under the Civil Service System may, not later than one year prior to his retire-
ment, apply to be removed from our system and transferred to the Civil Service System. Thus,
you should not anticipate this contingency as a factor in deciding whether you regard your
designation as a participant adverse to your best interests.
APPROVED FOR RELEASE^DATE:
12-Nov-2008