Decisions Relating to Pensions and Retirement Annuity: Retirement ACT; An ACT for the Retirement of Employees in the Classified Civil Service, and for Other Purposes (Classic Reprint)
Decisions Relating to Pensions and Retirement Annuity: Retirement ACT; An ACT for the Retirement of Employees in the Classified Civil Service, and for Other Purposes (Classic Reprint)
Excerpt from Decisions Relating to Pensions and Retirement Annuity: Retirement Act; An Act for the Retirement of Employees in the Classified Civil Service, and for Other Purposes Postmasters', and such employees of the Lighthouse Service as come within the provisions of section 6\of the act of June 20, 1918, entitled, An act to authorize aids to navigation and for other works in the Lighthouse Service, and for other purposes, shall not be included in the provisions of this act. Sec. 2. That for the purpose of ...
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Excerpt from Decisions Relating to Pensions and Retirement Annuity: Retirement Act; An Act for the Retirement of Employees in the Classified Civil Service, and for Other Purposes Postmasters', and such employees of the Lighthouse Service as come within the provisions of section 6\of the act of June 20, 1918, entitled, An act to authorize aids to navigation and for other works in the Lighthouse Service, and for other purposes, shall not be included in the provisions of this act. Sec. 2. That for the purpose of determining the amount of annuity which retired employees shall receive, the following classifications and rates shall be established: Class A shall include all employees to whom this act applies who shall have served the United States for a total period of thirty years or more. The annuity to a retired employee in this class shall equal 60 per centum of such employee's average annual basic salary, pay, or compensation from the United States for the ten years next preced ing the date on which he or she shall retire: Provided, That in no case shall an annuity in this class exceed $720 per annum or be less than $360 per annum. Class B shall include all employees to whom this act applies who shall have served the United States for a total period of twenty-seven years or more, but less than thirty years. The annuity to a retired employee in this class shall equal 54 per centum of such employee's average annual basic salary, pay, or compensation from the United States for the ten years next preceding the date on which he or she shall retire: Provided, That in no case shall an annuity in this class exceed $648 per annum, or be less than $324 per annum. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at ... This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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