Civil Service Retirement. Hearings Before the Committee On Interstate And Foreign Commerce of the House of Representatives, Sixty-Fifth Congress, Second Session, On H. R. 11352. August 7, 1918

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5. That if an employee is retained in the service after reaching the re- tirement age a deduction of ten per centum of his monthly salary, pay, or com- pensation shall thereafter be made while he remains in the service, and the same shall be treated as other deductions under section two of this act.
Sec. 6. That upon retiring at the age of retirement, or thereafter,' the em- ployee may withdraw his savings, with the increment of interest as herein provided, utider one of the following options,
...and if Option I or Option II is selected, receive in addition thereto such annuity, if any, as may be apportioned by the Secretary of the Treasury out of accumulations in excess of five per centum guaranteed by the provisions of this act, and such apportionment by the Secretary of the Treasury shall be conclusive : Option I. In an annuity payable quarterly throughout life.
Option II. In an annuity payable quarterly throughout life, with the provi- sion that in case of the death of the annuitant before he has received in annui- ties the amount of his savings, plus the interest credited thereon, the balance shall be paid to his legal heirs.


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