Weather Bureau topics and personnel / United ... - Index of - NOAA

364
-0, thaSe that ebd to benefit b the w w PMdOtl ((I- 1-
page 111, October 1942 TOPICS) retain no equity in the fun3 as joint and auw
rL00rsNp annuity Is based on forfeiture, or IY) retun of utlg9snded prinaipir,
The computation of equitj is rather simple. It Is based on har long and
by what smourrt. JOU we op your Cantributions in tarma of what your fund pur-.
chases In annuity. The factors used are those tabulated on pge 63 of June
1942 TOPICS ud 58 Of the C. 9. C. Plunphlet. Fo~ e-10, a male
ployee at age 55 purobaues ,0690799 in annuity for each a.00 in his I\ad at
time of retirement, Including interest oompounded as of June of each par at
4 percent -ally on payroll deductions and at 3 pe-t on vuluntaq 00x1trlbutlons.
Likarrise a man of age 60 purchases .0762253, and a mn of age
70 purchases .0974849 for each $LOO in his hnd. Thereforec
Male of age 55 = $3.00 + .0690799 = 14 + years of equlw.
IJale of age 60 .I $LOO + .0762255 - 13 .+ ysen of oqultlg.
Yale of age 70 a.00 + .ow4849 - 10 + years of Wty.
In order to dotexdm at any time the amount of equity one has mmmlnhg
In the fund dnrlng retlwmt it Is cdy necesmrp to nultiply ths tow lnwber of dollars credited to the fmd at the tlme of retiranent (lncludlq
aw amounts of additl,oml voluntary contrlbutione) by the factor ssf crpposits
the age at wkdcb rotinolnsnt occurs, and uubtroot the product fmm ths
total amount for each succeeding year of retirunant.
Example:
Kale ratires at age of 60 pars.
At the of rotllsmsnt has SO00 In Iuni.
Each dollar in the hyd purchases .0762253 In annuits per
annum.
$Z,OOO x .0762263 852.45 Annuity per ~ r r m ~
@,ooO - 8252.45 - @,&97.55 equity 2nd ysar.
&847.55 - 352.45 - 81,695.10 equity 3xd par.
* t + + t * * t + f f + * * + * * Y H + t +
a70.60 - $3.52.45 - a8.15 equity 14th gear.
It should be clearly understood that the “muity pumhased dth voluntarg
contrlbutiona Is in addition to that to whlah the annuitant is entitled by
the computation based on age, length of serrlce, highest awlrge hsio pay
for aqy flw conwcutive pars of allawable sereice at the (rption of ths mbplogse,
and other factors.
M*l I(E(II0NAL MECTOR M!ED POR I&QION 2
h!r. Thaaas R. Rsed, who for several pnrs has had ohrge of the leather
Bureau adivitiss at Honolulu, Ins hen selebted as Region4 Dlredor fir
Rsglon 2. Mr. Reed has been on detail to thn Catml Office for pml.Ir&wiW
discussions hganflng reglorn1 adrninistzution. Hu will asnume kds na &tias
in Atlanta about October 1.
N5I RAOB STATIONS
Tha raob station at Tapachula, Cfiiapas, Msxico, ks been moved ta Ve~%da,
Yucatan, M d c o . This is one of tb thme raob stations In Uarico operated
In cooperation wlth the Psdcan Ooremnt.
Under a similar oouperattvo pmgrpm with the Cuban Oocrsmment, a raob str tion is being oatdblirhed at Havana.
Both Of these OtAtiOM am sCheduled to make OM Wb daily at2300 E.S.T.
Occasionally, durlng partlin&r types of weather conditions, additlord &Ytime
laObs may be nrds.
These reports all be trananitted m r tb tslstope circuits.