1/ Included in appropriation: Payment to Civil Service Retirement and Disability Fund.
Number of Participants in the Employees Health Benefits Fund (active and retired)
Number of Participants in the Retired Employees Health Benefits Fund (retired)
1/ Includes 32,000 claims anticipated as a result of GAO recommendation to return unclaimed money in the
2/ Includes 65,000 inquiries anticipated as a result of providing annuity rate computations upon requests.
ACTIVITY 2 - PROVIDING RETIREMENT AND INSURANCE BENEFITS
ANALYSIS OF CHANGES IN REQUIREMENTS (All Amounts in Thousands of Dollars)
546,570,000 $ 546,570,000 $ 874,572,000 546,570,000) ( 546,570,000) ( 589,905,000)
1,120,000
615,564,000
$1,163,254,000
1,144,000
1,001,411,000 1,386,200,000
$1,549,125,000 $2,260,772,000
The Civil Service Retirement and Disability Fund was created to provide annuities for eligible employees
who retire because of age and service or disability and for benefits to eligible survivors of employees who
died in service or after retirement.
Membership in the Civil Service Retirement System consists of approximately 2.7 million active employees.
Currently, about 1,165,700 retired employees and survivors receive monthly benefits totaling over $4.0 billion
annually.
Public Law 91-93 authorizes 30 equal annual appropriations to the Fund to finance the unfunded liability
created whenever new legislation results in increases in pay and/or changes in the retirement system. The
requested appropriation for June 30, 1972, was $609,561,000 and for June 30, 1973, was $693,755,000; however,
requirements for pay increases negotiated by the Postal Service, $62,991,000 in 1972 and $104,985,000 in 1973
were deleted by the Congress without prejudice from the appropriation requests. This budget proposes that the
U.S. Postal Service reimburse the Civil Service Retirement and Disability Fund for increases in unfunded li-
ability which result from increases in pay and retirement benefits authorized for Postal Service Employees on
or after May 1, 1971. In FY 1974, the proposed reimbursement from the Postal Service is $284,667,000 of which
$179,682,000 represents the deleted payments plus interest, and $104,985,000 the regular scheduled payment.
In FY 1974, an increase in appropriated funds of $42,200,000 is requested. This amount represents the
second annual payment required to finance the unfunded liability created by new legislation liberalizing bene-
fits for Air Traffic Controllers, Public Law 92-297, and Firefighters, Public Law 92-382. A supplemental is
also requested to cover the first annual payment in FY 1973 to finance the unfunded liability (see Page 19).
1/ Included in appropriation: Payment to Civil Service Retirement and Disability Fund.
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