Retirement of Employees in the Classified Civil Service: Hearings Before the Committee on Reform in the Civil Service, House of Representatives, Sixty-sixth Congress, First Session. June 19-22 [i.e. 23] 1919

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Página 36 - I. (1) The function of a pension system is to secure to the individual who participates In it protection against the risk of dependence due to old age or to disability. (2) The obligation to secure this protection for himself and for his family rests first upon the individual. This is one of the primary obligations of the existing social order. Society has done its best for the Individual when It provides the machinery by which he may obtain this protection at a cost within his reasonable ability...
Página 103 - In referring to the employees of the companies the expressions " service " and " in the service " will refer to employment upon or in connection with any of the railroads or works operated by the companies associated in the administration of...
Página 26 - ... (g) The Secretary of the Treasury is directed to invest from time to time in interest-bearing securities of the United States such portions of the foreign service retirement and disability fund...
Página 29 - Act shall not apply to 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...
Página 26 - ... and payment less such deductions shall be a full and complete discharge and acquittance of all claims and demands whatsoever for all regular services rendered by such employee during the period covered by such payment, except the right to the benefits to which he...
Página 36 - ... of certain conditions. 2. In order that an individual participating in a pension system may be assured of his annuity when due, one condition is indispensable: There must be set aside, year by year, the reserve necessary, with its accumulated interest, to provide the annuity at the age agreed...
Página 88 - The appropriations for the maintenance of the service of the department and of Its buildings and grounds can be lessened only by a unification and simplification of business methods in the several bureaus and the establishment of a retirement fund for Government employees. So long as a retirement fund is withheld, the practice of pensioning superannuated and defective, though deserving, clerks by retaining them on the salary rolls must continue. This necessarily results In many competent persons...
Página 91 - ... are active and capable of development. It seems inconsistent that the Government should expend large sums of money in attempting to procure properly equipped eligibles to enter its employ and at the same time retain on its rolls those who have long passed their usefulness. The heads of bureaus are reluctant to discontinue the services of superannuated clerks, for to do so would in most cases deprive the latter of their only source of income. Demotion is but a palliation and does not fully meet...
Página 30 - An Act for the retirement of employees in the classified civil service, and for other purposes", approved May 22, 1920, and Acts amendatory thereof (USC, Supp.
Página 94 - The improvement of methods and the proper adjustment of pay can not be effectively provided for until a retirement system is established which will make provision for this class of employees. The commission believes that a contributory plan is the only just and practicable one for the retirement of employees, and earnestly recommends its adoption at an early date.

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