Weather Bureau topics and personnel / United ... - Index of - NOAA
Weather Bureau topics and personnel / United ... - Index of - NOAA
Weather Bureau topics and personnel / United ... - Index of - NOAA
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FiBcal yuar Basic salary at Not rotirornont<br />
3b porcent deductions<br />
-.-.-<br />
1020<br />
1030<br />
1w31<br />
1052<br />
Method <strong>of</strong> computing interoat:<br />
,<br />
___"I I__<br />
i- -<br />
$7~46 S.T. si462i) s. T.<br />
.71 1.40<br />
.71<br />
1.40<br />
____I I_ ----<br />
'Tontlno doductlona <strong>of</strong> $1.00 u month bugan.<br />
Ainorrnt including intorost<br />
cornpoundod at 4 purcont<br />
-<br />
$2,000 $70.00 $71.40<br />
2,1(X) 73.50 149.20<br />
2,100 61.60" 217.88<br />
2,tw 70.00 307.18<br />
As tho nmount for cnch currcnt yonr is deductcd monthly the intrrcst<br />
is approxitnatcly 2 prrcont on tho totnl for that year <strong>and</strong> thercnftor it<br />
is at the rate <strong>of</strong> 4 porccnt. This being tho case each tima we Qdd a now<br />
Ycar to thr preceding year's total wc add npproxili~<e~y 1 pcrcon't: twico<br />
<strong>and</strong> thrn 1 porccnt four titiics to tho" subtotnl" an~ount that is in tho<br />
fund for tho ncxt full year.<br />
In tho exnniple thc fiscal yrnrs 1029 to 1982 wcrr chosm to illustrate<br />
the effect <strong>of</strong> the tontine dductions. In cnse <strong>of</strong> drat11 beforc rctireiiront<br />
the tontine deductions nrr also pnid to the brnrficiary.<br />
As indicatrd in Topics for Octobrr 11142, rrtirrment dedurtions were<br />
at the rate <strong>of</strong> 2+ prrccnt froiii August 1, 1920 to Juno 30, 1926, 39 per-<br />
cent from July 1, 192fi to June 80, 1842, nll datvs inclusive, nnd from<br />
July 1, 1942, 6 pc~rrrnt. Drductions are iiinde froiu bnsic enlary only<br />
(inoluding Q. I?. <strong>and</strong> 1,. deductions) <strong>and</strong> not from ovcrtiiiio.<br />
Tho old <strong>and</strong> nrw dnry tablrs provide a convcnimt nicnns <strong>of</strong> enlcu-<br />
latins rc*tircinent ttcduvtions, cspocinlly when tho bnsic salary has boon<br />
Cl~nnged at soiiio tiiiio during a fiscal yrar.
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