DISCUSSION WITH JAMIE COWEN SENATE GOVERNMENTAL AFFAIRS STAFF ON RETIREMENT LEGISLATION

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP88G01332R001100110015-2
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 2
• Document Creation Date: December 27, 2016
• Document Release Date: December 23, 2011
• Sequence Number: 15
• Publication Date: February 7, 1986
• Content Type: MEMO

Declassified in Part -Sanitized Copy Approved for Release 2011/12/23 :CIA-RDP88G01332R001100110015-2
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Declassified in Part -Sanitized Copy Approved for Release 2011/12/23 :CIA-RDP88G01332R001100110015-2
 Declassified in Part - Sanitized Copy Approved for Release 2011/12/23: CIA-RDP88G01332R001100110015-2
OCA 86-0369 ,
7 February 1986 i
MEMORANDUM FOR THE RECORD
/~~ ~ __ 13
SUBJECT: Discussion with Jamie Cowen Senate Governmental
Affairs staff on Retirement Legislation
1. In recent discussions with Jamie Cowen, Counsel,
Senate Governmental Affairs Subcommittee on Civil Service,
Post Office and General Services, he related the a number of
developments concerning Agency retirement legislation.
2. He said that Senate and House staff have agreed on a
legislative package that includes the CIA retirement
proposal. There are two elements of it which he feels the
administration may object to. The first is the investment
board organization and the second is the overall cost for
the plan. The staffers are going to sound out the
administration on the two points above.
3. He said that CIA "is in good shape." Specifically
the accrual rate has been increased over what it was
originally. In a later discussion he added that it would be
1.7$ for the first 20 years and l~ each year thereafter for
the CIARDS participants. He added that for non-CIARDS
personnel full retirement would be at age 57 with 30 years
service.
4. He said the staff needed all the support with the
administration it could get from the various agencies and he
was calling to appeal for our highest management to contact
key administration officials to register their support for
the plan. We agreed that a further discussion of the
details of the proposals arrived at by the staff was the
first order of business and set a date of 10 February to
meet and discuss them. Office of Personnel representatives
will join in this meeting.
Office of Congressional Affairs
Distribution:
Original - OCA Record
1 - OCA Chrono
1 - D/OP
1 - DD/EB&S/OP
1 - DD/PA&E/OP
vY - DDA
1 - DD/OCA Le
1 - OGC
OC aw (7 February 1986)
Declassified in Part - Sanitized Copy Approved for Release 2011/12/23: CIA-RDP88G01332R001100110015-2