Page:United States Statutes at Large Volume 44 Part 2.djvu/770

 730 SIXTY—NINTH CONGRESS. Sess. I. CH. 556. 1926. he shall have selected, under the Provisions of such rules and regu- lations as the Commissioners 0 the District of Columbia shall prescribe, an annuity which shall carry} with it a provision for the return of the unpai principal or for t e continuance of all or part of the annuityias a survivorship annuity. ,mCg;§g}§,*§g•6;§e;°$ " Sno. 11. hat every teacher who shall continue in the service d¤><1¤<>¤<>¤¤· of the public schools of the District of Columbia after the passage of this Act, as well as every person who hereafter may be appointed to a position as teacher in the public schools of t e District of Columbia, shall be deemed to consent and agree to the deductions made and provided for herein; and the salary, pay, or compensation, which may be paid monthly or at any other time, shall be full and complete dischargia and acquittance of all claims and demands whatsoever for a services rendered by such teacher during the VOL 3 6 period covered by such payment, except his claim for the benefits M"' L to which he may be entitled under the provisions of this Act, notwithstanding the provisions of said Pu lic Act Numbered 254, a proved June 20, 1906, and of any other law, rule, or regulation sheeting the salary, pay, or compensation of the teachers employed in the service of the Iipblic schools of the District of Columbia. ,,§§§§_*‘°"°? "°' *"‘* " Sac. 12. That not ing in this Act shall be construed to prevent the disclza e of any teacher at any time in the discretion of the Board of Education of the District of Columbia under the provisions of law. D°”'““°"f‘; “ Sno. 13. That the term ‘ teacher,’ under this Act, shall include "T°°°"°" all teachers permanently employed by the Board of Education in the public day schools of the District of Columbia, including other Empum educational employees whose salaries are established in t e Act ` approved June 20, 1906, and Acts amendatory thereof, except the I employees of the Community Center De artment and the Depart- "‘“““’“ “°“"’·' ment of School Attendance and Work lgermits; the term ‘ annual salary ’ shall be construed to mean the total annual income received during the iiscalfyear for services rendered in the public day schools of the District o Columbia, including basic salary, longevit allow- __ _, ance, session room allowance, and increase of compensation {bonus) ; Im ` and whenever the pronoun ‘his’ occurs in this Act it shall be construed to mean both male and female teachers. xsIiiiciiidi'¤$°iitiii°}¤iK° " Sno. 14. That the Commimoners of the District of Columbia ”*°°°”~ shall prepare and keen all needful tables, records, and accounts r uired or carryinp out the provisions of this Act. The records tdqbe kept shall inc ude data showin the mortality expgrience of the teachers in the service of the puglic schools of the istrict of Columbia and the rate of withdrawal from such service, and any other information pertaining to such service that may be of value Mmm N rt to and may serve as a guide or fut1u·e valuations an adjustments ctsgms. p° of the plan for the retirement of teachers. The Commissioners of the District of Columbia shall make a detailed comparative report V 81 mm mh you annually to Congress showing all receipts and disbursements under ¤mmms¤¤nm¤,¤w. the provisions of this Act, together with the total number of persons receiving annuities and the amounts paid them. And the Commis- sioners of the District of Columbia shall have made each year after the dpassage of this Act an actuarial valuation of this retirement fun and the operation thereof, which shall show the financial condition of the fund, and shall report the findings of such inves- Annual estimates. tigations to Congress at the opening of the following session. “ Sno. 15. That the Commissioners of the District of Columbia shall include in their annual estimates of appro riations a sum No mm my M m_ sufficient to carig out the provisions of this Act and Kcts amendatory umssmsemssa thereof. No 0 cer or employee receiving an regular salary or