Social Insurance and Public Assistance

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814 Series Bf735–745 Bf SOCIAL INSURANCE AND PUBLIC ASSISTANCE TABLE Bf735–745 Civil service retirement annuities and payments: 1921–1970 1 Contributed by Price V. Fishback and Melissa A. Thomasson Annuities Lump-sum payments to In force Separated employees Deceased employees Deceased annuitants Certified Terminated Total Disability Annual value Payments Amount paid Payments Amount paid Payments Amount paid Bf735 Bf736 Bf737 Bf738 Bf739 Bf740 2 Bf741 2 Bf742 2 Bf743 2 Bf744 2 Bf745 2 Year Thousand Thousand Thousand Thousand Million dollars Thousand Million dollars Thousand Million dollars Thousand Million dollars 1921 7 1 6 1 4 26 0.3 — — — — 1922 2 — 8 1 4 71 2.2 — — — — 1923 3 2 9 1 5 58 2.8 — — — — 1924 2 (Z) 11 2 6 45 2.9 — — — — 1925 2 1 12 2 6 37 2.7 — — — — 1926 2 1 13 2 7 34 3.4 — — — — 1927 3 2 14 3 10 32 3.9 — — — — 1928 3 2 15 3 11 28 3.8 — — — — 1929 3 1 17 4 12 26 4.1 — — — — 1930 3 2 18 4 13 28 5.0 — — — — 1931 7 2 23 5 22 24 4.2 — — — — 1932 5 2 26 6 24 21 3.9 — — — — 1933 9 2 33 7 32 17 4.8 — — — — 1934 14 2 45 9 44 22 8.0 — — — — 1935 7 3 49 10 48 16 5.8 — — — — 1936 6 4 51 11 50 12 2.6 3 2.7 2 1.2 1937 5 3 53 12 52 14 3.1 3 2.9 2 1.3 1938 6 3 56 13 55 18 3.8 3 3.1 2 1.4 1939 6 4 58 14 57 15 2.7 3 3.2 2 1.4 1940 7 3 62 15 60 15 2.9 3 3.7 2 1.5 1941 8 4 66 17 63 21 3.6 4 4.3 3 1.7 1942 8 5 69 18 66 46 5.6 4 3.9 3 1.7 1943 10 5 74 20 71 111 7.2 6 5.0 3 2.0 1944 10 6 78 21 76 390 21.5 9 5.2 3 2.3 1945 12 5 85 23 82 901 62.4 16 7.4 3 2.5 1946 16 5 96 27 93 — 179.8 3 — — 3 — 2.6 1947 22 7 111 32 103 943 178.9 17 10.4 4 3.7 1948 22 7 126 35 134 432 112.8 11 9.4 4 3.5 1949 31 9 148 39 154 229 61.4 6 3.9 5 4.7 1950 33 9 172 43 182 239 88.2 5 3.7 7 4.2 1951 36 11 197 46 206 167 64.9 4 4.0 8 3.9 1952 31 12 216 48 227 147 71.0 4 4.3 8 3.6 1953 38 13 241 52 289 136 81.4 4 5.2 8 3.8 1954 41 13 269 56 324 123 89.0 4 5.4 8 3.4 1955 42 14 297 61 358 101 73.3 4 5.7 8 3.6 1956 47 17 327 66 441 164 84.2 4 6.0 8 3.6 1957 61 19 369 73 516 184 99.3 4 6.7 8 3.7 1958 70 21 418 84 635 199 114.7 4 7.4 9 3.9 1959 81 23 476 93 723 144 95.4 4 7.3 9 3.7 1960 65 26 515 102 792 153 114.2 4 7.8 9 3.6 1961 72 28 559 112 883 131 103.7 4 8.7 9 3.6 1962 73 30 602 122 975 137 108.6 4 8.7 11 6.2 1963 73 32 643 130 1,127 131 105.8 4 9.0 13 6.1 1964 79 34 688 139 1,240 128 108.2 4 9.7 16 6.0 1965 78 37 729 149 1,354 121 112.5 5 10.2 15 7.3 1966 105 38 796 161 1,688 129 139.2 5 11.2 15 7.5 1967 77 42 831 167 1,881 164 157.1 5 10.5 16 7.6 1968 83 42 872 173 2,089 190 160.1 5 12.0 18 8.5 1969 86 48 910 178 2,315 207 198.8 5 12.3 15 8.2 1970 99 50 959 185 2,660 215 197.5 5 12.8 19 10.0 (Z) Fewer than 500 annuities. 1 Years ending June 30. 2 Deceased employees and deceased annuitants included with separated employees through 1935. 3 Amount paid to beneficiaries of deceased employees included with amount paid to separated employees. Source U.S. Civil Service Commission, Civil Service Retirement, Federal Employees Group Life Insurance, Federal Employees Health Benefits, retired Federal Employees Health Benefits, various annual issues. Documentation The original retirement act (Public Law 66-215) was signed May 22, 1920, and initially covered about 330,000 employees in the classified civil service. The Act provided only for mandatory and disability retirement after fifteen years of service with annual annuities ranging from $180 to $720 based on length of service and the average salary for the ten years preceding retirement. The average annuity in the year following enactment was $568. At the time these data were collected in the early 1970s, the retirement law in effect (passed in 1973) provided optional retirement on full annuity at age 55 with thirty years of service, age 60 with twenty years of service, or age 62
SOCIAL WELFARE PROGRAMS Series Bf735–745 815 TABLE Bf735–745 Civil service retirement annuities and payments: 1921–1970 Continued with five years of service; disability retirement was permitted at any age with five years of service; involuntary retirement at any age after twenty-five years of service, or at age 50 with twenty years of service. Deferred annuities were payable at age 62 with five years of service. Mandatory retirement was age 70 with fifteen years of service, and the average salary was the highest three years of salary. Employees contributed 7 percent of their pay to the retirement system. The annuity formula provided 1.5 percent of average salary for the first five years service, 1.75 percent for the next five years, and 2 percent for any remaining service, up to a maximum of 80 percent of average salary. Disability annuitants received the greater of the preceding computation or a guaranteed minimum of 40 percent of average salary or regular formula using service projected to age 60, whichever was less. The law also contained special hazardous duty positions for legislative branch employees. About 2.7 million employees were covered by the system, and the average annual annuity in 1970 was $4,920. For a more detailed depiction of timing of the major changes in the provisions of the Civil Service Retirement System between 1920 and 1970, see Historical Statistics of the United States (1975), pp. 336–7. Lump-sum payments or refunds are paid to persons leaving the federal service and withdrawing contributions and to survivors of deceased employees and of deceased annuitants. In the case of deceased employees with no survivor annuity payable, accumulated deductions (contributions) are paid. In the case of deceased annuitants whose annuity paid has not equaled contributions, the unexpended balance is paid. These series from the previous edition of Historical Statistics of the United States could not be updated owing to changes in the retirement systems for federal employees that creates problems with data comparability. See Table Bf722–734 for data on the number of annuitants since 1925, as well as descriptions of the modern retirement system. As of 1999, almost all federal employees hired after 1983 are automatically included in the Federal Employee Retirement System (FERS) program. Series Bf735, annuities certified. Represents the number of employee and survivor annuitants added to the roll during the year. Series Bf736, annuities terminated. Represents the employee and survivor annuitants dropped from the roll during the year; it is derived by adding the prior year’s number in force to the current number certified and subtracting the current number in force. Series Bf737, annuities in force. Represents total employee and survivor annuitants in active annuity status as of June 30. The annual value is the average monthly annuity as of June 30 projected to an annual basis.
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CHAPTER Bf Social Insurance and Pub
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PUBLIC ASSISTANCE: COLONIAL TIMES T
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SOCIAL WELFARE: 1929 TO THE PRESENT
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POOR RELIEF Series Bf 17-22 721 TAB
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POOR RELIEF Series Bf 23-27 723 TAB
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POOR RELIEF Series Bf 34-149 725 TA
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POOR RELIEF Series Bf 34-149 727 TA
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POOR RELIEF Series Bf 156-175 729 T
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SOCIAL WELFARE EXPENDITURES Series
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SOCIAL WELFARE PROGRAMS Series Bf27
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