Waiver of Dual Compensation Provisions of the Central Intelligence Agency Retirement Act of 1964
Headline: Director May Waive Dual Compensation Rules in Emergencies
What it does: The order allows the Director of Central Intelligence to waive dual-compensation reductions for temporary employees during emergencies or unusual circumstances.
- Permits some temporary intelligence employees to receive both salary and annuity (pension) during emergencies.
- Those employees may not earn additional retirement benefits while employed under the waiver.
- Gives the Director authority to delegate the waiver power to others.
Summary
This order lets the Director of Central Intelligence temporarily waive rules that reduce pay for employees who also receive a retirement annuity. It applies only to employees serving on a temporary basis and only when needed because of an emergency that threatens life or property or other unusual circumstances.
Employees who receive both salary and annuity under this waiver cannot earn extra retirement benefits during that employment. The order also allows the Director to delegate this waiver power.
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