Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-01-28
RETIREMENT FUND
REPORT REQUESTED
McCar| Asks Complete Rec
ord of Deductions Made
From Pay.

Preliminary to setting up throughout
the whole Government service uni
form system of accounting for deduc-
tons from employees salaries for the
retirement fund Controller General
McCarl has called< upon all depart
ments for report as of June 80. 1874
of all retirement fund deductions since
the law became effective. The report
must be made by May l.
The new system is now being installed
in the Veterans Bureau.
In the report the Government depart
mcntS and establishments Will be re-
qlired to submit not only complete
roster of all persons now in the SerV-
ice contributing to the retirement fund,
but also all who in the past have been
on the pay roll and may have been
transferred elsewhere. The report VIII
also include persons who may have been
separated from the service and VINO
have not asked for return or refund OF
the money contributed by them to the
retirement fund.
Law Is Cited.
The controller general called for this
accounting under authority OF Sectlon
IL of the Civil Service Retirement ana
Disability Fund. which provided as fol-
lows.
The controller general shall estab-
lish and maintain an account showing
the annual liabilities of the Govern
ment under this act, and shall Keep
such other accounts as may be deemed
necessary for the proper admnlstra-
zion OF the act"
In his letter the controller general
explained in detail what he wanted.
l,n ch
THE total amount to credit OF en-
ploves on account of retirement funds
deductions which had been made to
June so. 1927, from the basic salaries,
pay or compensation of all employees
who were in its service on said date,
together with interest accrued thereon
THE entire amount deducted for an
employees whole period OF service prior
to June 80. 1927" continued the con-
troller general, will be reported by the
department or establishment in whose
service he was engaged June 80. 1927.
There also will be included in such
reports the total retirement fund deduc-
ton made from the basic salaries, pay
or compensation of former employees
for which no applications for refund
had been certified to the Department
of the Interior Bureau of Pensions. TO
with the interest accrued thereon to
termination of service. The term de
auctions includes amounts withheld
from employees basic salaries. pay or
compensation by disbursing officers. by
direct settlement of the general &C
counting office. deposits by employees
upon reinstatement, etc"
The retirement act was approved
May %, 1920 and the accounting called
for today by McCarl will produce the
most complete and detailed report yet
collected anywhere on the retirement
situation.
Wants Annual Report.
In the future. McCarl said in his let
ter. report will be made annually by
each department and independent
establishments las soon as practicable
after the close Of the fiscal year. but
not later than September 80 follow
ing"
These new reports in the future viii
be required TO contain similar matter
as the one now called for for the past,
but OF course. will be for only one year
Instructions for preparation of these
new reports will be issued later, the con-
troller said.
Details of the new accounting system
being established in the Veterans Blu
reau 10 be used as a model throughout
the Government service have not yet
been disclosed in their entirety. But
IL Is understood TO be based on the
principle that deductions are made along
with the pay roll simultaneously and
a detailed account kept on the same
record.