The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
174 X-7840 MEMORANDUM TO BE HANDED BY HEADS OF DIVISIONS TO EACH PROSPECTIVE EMPLOYEE OF THE FEDERAL RESERVE BOARD VJHOSE APPOINTMENT IS BEING RECOMMENDED. All persons entering the employ of the Federal Reserve Board after March 1, 1934, are required to become members of the Retirement System of the Federal Reserve Banks unless they are contributing members of the Civil Service Retirement and Disability Fund or unless they are appointed to positions which are not covered by the Retirement System. The obligations devolving upon and the benefits accruing to employees of the Board as members of the Retirement System of the Federal Reserve Banks are outlined in the attached circular of information which should be read carefully and returned to the person from whom you received it. If appointed to a position with the Federal Reserve Board, you will be furnished an enrollment blank which should be filled out and returned to the office of the Secretary of the Board with your executed oath of office, unless you are a contributing member of the Civil Service Retirement and Disability Fund or the position to which you are appointed is excepted as above stated. In this connection, it will also be necessary for you to pass a physical examination by a physician designated by the Federal Reserve Board for the purpose.
@FedFRASER