The Washington herald., 1908-02-26
FOR CLERKS
Government Employees May
Be Protected in Age.
BILL IS PUT Up IN HOUSE
Civil Service Workers May BE Re-
tired Hereafter mt Definite Ages
and Given Annuities, Paid I'm Part
by Their own Earnings and Part
by United states Government.

A monster fund. TO which all classified
employees Of the government and the gov
eminent itself shall contribute. and from
which all employees, upon proper retire
ment. shall draw lifelong annuity. is
proposed in q bill introduced yesterday by
Representative Goulden. OF New York
The bill reads in part. as follows:
That beginning with the first day Of July next
following the passage Ok tbs act. there shau be
dedu-ted and withheld from the monthly saiarv
pay, or compensation Of euTy officer or employe
Of the United States 10 whom this act applies an
amount that would be sufficient. with interest
therein az per cent per aimum compounded an
nnally, 10 purchase from the United States under
the provisions Of this act. IN annuity for every
such employe on arrival az the age Of retirement
as hereinafter provided equal TO IA per centum 81
his annual salary, pay. compensation for ever
tun year Of service. or major fraction thereof be-
tween the date Of the passage Of tins act and the
arrival Of the cnploye at the age Of retirement
The Necessary deduction hereby provided for shall
be based sHeh annuity table as the Secretary
Of the Treasury may direct and interest AZ the
rate q per eeutum Der annum compounded an
nually Such deductions shall be varied 70 cor
! respond with any change in ,he sslary Ct the
employe.
These funds shall be deposited in the
Treasury. and shall. from time to time,
be invested by the Secretary Of the Treas
Try in State. municipal. railroad, or other
bonds approved by him. The interest on
these bonds will be reinvested by the
same officer.
Earnings 10 BE Invested.
The earnings shall annually be credited
70 individual accounts OF the employees
with the interest. and shall be invested
during his period Of active service. After
| retirement the employee shall be given an
annuity, payable quarterly. for the rest
Of his life. or he shall be given the whole
sum then due him Upon death the es-
tate OF the employe shall be paid the pro-
portionate part OF the coming quarterly
payment.
Only absolute withdrawal from the civil
service before the date Of retirement shall
entitle such an employee to obtain the sum
credited 10 him. with the accrued interest.
and IL such action is taken before the
enlploye has reached the age Of forty-fve
years, ne shall lose the interest.
The retirement age shall be: For group
1 lemployes whose labors require great
y =
chose employees whose duties require only
moderate amount OF hard physical ex-
ertion). sixty-five years and group 8
composed OF employees whose duties are
mainly intellectually. seventy years. The
President Of the United States shall des-
ignate the branches TO be included in
each group.
In addition 10 the provisions above set
.-4H.
10 retire under the act shall also, ac-
cording TO it's provisions receive a fur
Their annuity from the government This
government annuity shall amount 10 ~
per cent OF his total compensation during
service prior to the taking effect of the
act
Provision is also made by the act that
employees may. upon proof OF disability,
not caused through vicious habits. be per
mitted 70 be retired after twenty years
service, or upon forty years service he
shall be entitled to retire upon his own
request
Applies to Many.
The act IS 10 apply TO all classified serv-
ice employees. which is defined as including
all officers and employees in the executive
civil service of the United States except
persons appointed by the President and
confirmed by the Senate. and mere IN
skilled labOTeTs. No person serving in
position excepted from the examination or
registration as defined in the civil service
rules shall be included. unless he has
served in a competitive position for at
least one year.
The act. however, shall not exclude by
any provisions. employees who shall be
separated from the classified service by
appointment into the Unclassifed service.
The President is 10 have power TO eX-
cIude any group OF employees from the
operation Of this act.
Any employee who reaches the retiring
age but who so desires and who Is held
fit TO continue IN the service for the good
of that service. shall be permitted 20 so
continue working for not more than two
years after the date OF retirement has ar
rived At the end of the two years he
may be permitted to remain for two years
more, and so on.
Fifty thousand dollars is TO be appro-
priated under the act 10 carry out the
work during the fiscal year 1909. None of
the money mentioned in the act can be
levied upon or is assignable, either in law
or in equity.