Two, the Federal Government, as employer, would pay the other half of normal cost by agency contributions of 7 percent of pay. Normal cost is the average percentage of pay required to be set aside, invested and earning interest, throughout the total careers... Annuity Increases for Certain Retirees and Reduced Rate of Employee ... - Página 29por United States. Congress. House. Committee on Post Office and Civil Service. Subcommittee on Retirement, Insurance, and Health Benefits - 1973 - 34 páginasVista completa - Acerca de este libro
| United States. Congress. House. Committee on Post Office and Civil Service - 1973 - 1038 páginas
...approximately half of the normal cost, which was then 13.98 percent, through payroll deductions fixed by law at 7 percent of pay. Normal cost is the average percentage...given year calculated on the experience of that year. Two, the Federal Government, as employer, would pay the other half of normal cost by agency contributions... | |
| United States. Congress. Senate. Committee on Governmental Affairs - 1978 - 1472 páginas
...Civil Service Retirement System is fully accounted for in determining the normal colt of the system. Normal cost is the average percentage of pay 'required...group of new entrants in order to pay benefits to then and their survivors. The normal cost of the system is about 14 percent of payroll. Employees and... | |
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