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2d Session

SENATE

No. 233

CIVIL SERVICE RETIREMENT AND

DISABILITY FUND

LETTER

FROM THE

PRESIDENT OF THE

UNITED STATES CIVIL SERVICE COMMISSION

TRANSMITTING

PURSUANT TO LAW

THE TWENTY-THIRD ANNUAL REPORT OF THE BOARD
OF ACTUARIES OF THE CIVIL SERVICE RETIRE-
MENT AND DISABILITY FUND, FISCAL
YEAR JUNE 30, 1943

AUGUST 15, 1944.-Referred to the Committee on Civil Service
SEPTEMBER 8 (legislative day, SEPTEMBER 1), 1944.—Ordered
to be printed

UNITED STATES

GOVERNMENT PRINTING OFFICE

WASHINGTON: 1944

LETTER OF TRANSMITTAL

UNITED STATES CIVIL SERVICE COMMISSION,
Washington, D. C., August 14, 1944.

The PRESIDENT OF THE SENATE,

United States Senate.

DEAR MR. PRESIDENT: The Commission is pleased to hand you herewith the Twenty-third Annual Report of the Board of Actuaries of the Civil Service Retirement and Disability Fund for the fiscal year ended June 30, 1943, submitted in pursuance of section 16 of the Civil Service Retirement Act.

In addition to comment with respect to the Civil Service retirement and disability fund, the report also covers the results of the first quinquennial valuation of the Alaska Railroad retirement and disability fund as required by section 14 of the Alaska Railroad Retirement Act.

Sincerely yours,

HARRY B. MITCHELL, President.

III

LETTER OF SUBMITTAL

NEW YORK CITY, July 1, 1944.

UNITED STATES CIVIL SERVICE COMMISSION,

Washington, D. C.

LADIES AND GENTLEMEN: The Board of Actuaries, appointed under section 16 of the act of May 22, 1920, for the retirement of employees in the civil service of the United States, has the honor to submit herewith its twenty-third annual report on the operation of the fund. The report gives a statement of the appropriation required of the Government under the Retirement Act, as amended, on the basis of the estimated membership of the fund as of June 30, 1943.

Section 14 of the Retirement Act governing the operation of the Alaska Railroad retirement and disability furd provides that the Board of Actuaries shall make a valuation of the fund at intervals of 5 years, or more often if deemed necessary by the Civil Service Commission. The results of the first quinquennial valuation of this fund are given in the appendix to this report. Respectfully submitted.

GEORGE B. BUCK,

R. R. REAGH,
EDWARD B. FACKLER,

Board of Actuaries,

Civil Service retirement and disability fund.

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