Secret

James A. Noel

Date of birth: 3/29/31 SCD: 1/26/51 EOD: 9/28/47

Estimated retirement annuities:

CIA CIA CIA CSR
31 March 69 31 March 70 31 March 74 31 March 74

Basic Annuity $13,725 p.a. $16,593 p.a. $16,502 p.a. $18,191 p.a.
Reduced annuity $11,214 p.a. $13,508 p.a. $13,452 p.a. $15,192 p.a.
for survivor
benefits

Survivor benefits $3,649 p.a. $3,901 p.a. $3,926 p.a. $10,170 p.a.

Memo sent to DOD Pers to advise Noel that he would receive a higher
annuity under the Civil Service Retirement rather than the CIA System in view
of the amount of his service.

A policy decision has been made that a participant in the CIA Ret System should
not later than 18 months prior to his retirement apply to be removed from the
CIA Retirement System and transferred to the CSR System.

In order to retire under the CSR System (55-30) he must be under that system
for at least one year prior to retirement.

[Signature]
4 March 68

SECRET