Show Heres Here's a Complicated Plan for Pensioning Government Clerks Washington Was June JUn 23 The ThE 2 The J Keep commission com corn mission which ha has ban various in Voces of or suggestion has Imas ha agreed upon clerks a I plan of oC pensioning government go who have arrived at the age oge of ot 70 iO years Ylan and ho In some tomo special eases cases of 60 t and ant 63 Gi y years yea ar mit It Is proposed to pa pay every In I the thE civil hl service Upon retiring at th the a age e of 70 iO o years nr or upward an annul annuity equal to 15 Ui per pr cent of oC tilt his hil pay for every year or of service An u ii who entered lh tIme the service at 20 O years Cn of oC ago age and received 1 a salary r of 1 a year n through W 0 years year and retired at TO O 0 Would cent of ofU one fifth per r receive one an one pe U lOO which Is 15 multiplied h 1 by CO W his years of oC service or ts fW a as the amount rJ remainder of or hl his of oC his for tor the tIme hil ii life fe le To provide the fund und from which to p pay will who ho bo ma made e efrom deduction this annuity a w from the time monthly flar salary of oC the of such amount as will wi be sufficient with 4 per cent compound Inter Interest t. t to purchase pur pur- annuity on the arrival of or the chase chae chat suc such at tile tHe dg of years J of Ut From Prom cal calculation l toni o laur ance once companies It I is found that CS is the tho sum which must Oust be accumulated to purchase an annuity of or f J X i for life lre M lw f for tor a person pron 70 O years of age oge Th The Thi- next whet what t sum mUsI i step Is If to determine to lo nt nl 4 i aside monthly accumulate set Act el pOi pet cent Interest sia during the em pm- service A deposit 50 30 r years of or of U It per month with wih Interest compounded compound ed at It 4 per jer cent amounts amount to 1871 The number of dollars per month 1 to accumulate GC 6 Is I obtained b hy by dj di- di dividing viding riding 8 CS h by 1 which gives gl e SU 4 t. t TM Thit gives 57 to be deducted c from Crom a n salary of or 1 10 a n month to provide the tho annul annuity nt or This applied to nil ii process ni a year tor rates J of oC salary 11 r arid and all ail ni term orm of service e will result rosult In an un annul annuity for each J poi c wi proportioned to the tho amount of his hl salary alar and the number numb r of or years ears ear he hp has u servi-u nI the lie government tle Provision ro Is made for tor the withdrawal of or orthe accumulated with it the tho t interest In ca case e he lie leaves Ja fA tl the 1 service rI I. I in II foro fore reaching the age of or retirement |