TABLE III.-Showing total and comparative cost to the Government of establishing plan for retiring employees under terms of Perkins bill (S. 1944) and Gillett bill (H. R. 22013)-Continued. DIFFERENCE IN COST BETWEEN STRAIGHT PENSION AND CONTRIBUTORY PLAN CONFERRING SAME BENEFITS. The following table, taken from the report referred to (p. 48), shows that the cost of a civil pension conferring the same benefits as the Perkins bill (S. 1944) and payable entirely out of the Public Treasury would be $232,773,690 during the next 35 years, as contrasted with the cost of the Perkins bill for the same period at $97,553,023. TABLE IV.—Showing comparative cost to the Government during first 35 years of retiring employees on straight pensions and under the Perkins bill (S. 1944). TABLE IV.-Showing comparative cost to the Government during first 35 years of retiring employees on straight pensions and under the Perkins bill (S. 1944)—Continued. The following table, taken from the report referred to (p. 50), shows that the cost of a civil pension conferring the same benefits as the Gillett bill (H. R. 22013) and payable entirely out of the Public Treasury would be $232,773,690 during the next 35 years, as contrasted with the cost of the Gillett bill for the same period at $73,136,765: |