An original bill to amend section 291(b) of the Central Intelligence Agency Retirement Act of 1964 for Certain Employees, relating to cost-of-living increase, and to increase the pay and allowances of certain officers of the Armed Forces whose pay and allowances are not subject to adjustment to reflect changes in the Consumer Price index.
PL 93-210 (S.2714), enacted 12/28/1973

908 
PUBLIC LAW 93-210-DEC. 28, 1973 
[87 
STAT. 
December 28, 1973 
[S.2714] 
Public Law 93-210 
• 
,..A ' 
AN ACT 
To/amend section 201(b) of the Central Intelligence Agency Retirement Act of 
1964 for Certain Employees, relating to cost-of-living increases, and to increase 
the pay and allowances of certain oflicers of the Armed Forces whose pay and 
allowances are not subject to adjustment to reflect changes in the Consumer 
Price Index. 
CIA employees. 
Retirement, 
cost-of-living 
increases. 
i 
S^T^af. 9i03; 
183 Stat. 849. 
83 Stat. 848. 
Effective date. 
Certain retired 
Armed Forces 
personnel, pay-
ment increases. 
81 Stat. 652; 
83 Stat. 837. 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of Anienca 
in Congress assembled, That (a) section 
'291 (b) of the Central Intelligence Agency Retirement Act of 1964 for 
('ertain Employees, as amended (78 Stat. 1043; 50 U.S.'C. 403 note) is 
furtlter amended— 
(1) by renumbering paragraphs (1), (2), and (3) as para-
graphs (2), (3), and (4), respectively; and 
(2) by inserting the following new paragraph (1) : 
" (1) An annnitv (except a discontinued service benefit under section 
234(a)) which— ' 
"(i) is payable from the fund to a participant who retires, or 
to the widow or widower of a deceased participant; and 
"(ii) has a commencing date after the effective date of the then 
last preceding annuity increase under section 291 (a) ; 
shall not be less than the annuity which would have been payable if 
the commencing date of such annuity had been the effective date of the 
then last preceding annuity increase under section 291(a). In the 
administration of this paragraph, a participant or deceased participant 
shall be deemed, for the purposes of section 221(h), to have to his 
credit, on the effective date of the then last preceding annuity increase 
under section 291(a). a number of days of unused sick leave equal to 
the number of days of unused sick leave to his credit on the date of his 
separation from the Agency.". 
(b) The amendments made by subsection (a) shall apply only with 
respect to annuities which commence on or after July 2, 1973. 
SEC. 2. (a) Notwithstanding any other provision of law, effective 
on the date of enactment of this Act, the pay and allowances of mem-
bers of the Armed Forces to whom this Act applies shall be increased 
to amounts equal to the amounts such pay and allowances would have 
been increased if the pay and allowances of such members had been 
increased, under section 1401a (b) of title 10, United States Code, by 
the same percentage rates, consecutively compounded, that the retired 
pay or retainer pay of members and former members of the Armed 
Forces entitled to retired pay or retainer pay since October 1, 1967, 
has been increased, and such member shall, on and after the date of 
enactment of this Act, have his pay and allowances increased effective 
the same day and by the same percentage rate that the retired pay or 
retainer pay of members and former members of the Armed Forces 
is increased under such section 1401a (b). 
(b) This section applies to members of the Armed Forces entitled 
to pav and allowances under either of the following provisions of law: 
^ (1) The Act of June 26,1948, chapter 677 (62 Stat, 1052). 
(2) The Act of September 18,1950, chapter 952 (64 Stat. A224). 
(c) No amounts shall be paid, as the result of the enactment of this 
section, for any peiiod i)rior to the date of enactment of this section. 
Approved December 28, 1973.