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EXHIBIT 11

CLC WEEKLY PERFORMANCE SUMMARY REPORT
FEBRUARY 29 MARCH 7,

1972

Status of Inventory

The following table shows the number of Category I pay prenotifications filed during the sixteenth week, action by the Pay Board, and remaining inventory. The remaining inventory (325) is up 10% from last week (295).

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* The 125 approved filings covered agreements with 142
bargaining units.

** Includes the five aerospace contracts covering nine bargaining units which were not approved by the Pay Board as initially submitted. However, the Pay Board subsequently approved specified lower percentages.

EXHIBIT 12

news

RELEASE

Pay Board

Office of Public Affairs
Room 8316

2000 M Street, N..

Washington, D.C., 20508

Phone: 202-254-8608 8511

FOR IMMEDIATE RELEASE

STATISTICAL RELEASE NO. 5

PB-58
March 9, 1972

Pay Board Executive Director Robert P. Tiernan said today that action was completed on 126 pay increase cases during the period of February 28 to March 3, 1972. This brings to 596 the number of cases acted on by the Pay Board.

Categories I and II weighted average increase approved

through March 3 was 4.13% for 4,659,080 workers. This includes
retroactive and deferred payments under existing contracts and

pay practices.

In Category III the weighted average increase approved through March 3 was 6.0% for 15,895 workers.

These cases were

approved under the Board's criteria for exceptions allowing up
to 7% increase.

NOTE: A statistical breakdown is printed on the reverse side.

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The determination of classification of pay adjustment requests is made according to the number of employees affected by each individual case. Category I is 5,000 or more employees. Category II is 1,000 to 5,000 employees. than 1,000 employees.

Category III is less

Formal approval is not required for Category II pay adjustments which are within the Board's 5.5% standard, but all adjustments must be reported and are subject to cost analysis and acknowledgement by the Board.

Requests for exceptions have been the only actions in Category III which have come to the Pay Board. The Internal Revenue Service has now been delegated the authority to act on Category III cases.

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1/ CATEGORY I (5,000 or more employees) CATEGORY II (1,000 to 5,000) CATEGORY III (less than 1,000)
2/ Formal approval is not required for Category II pay adjustments which are within the Board's 5.5%
standard, but all adjustments must be reported and are subject to cost analysis and acknowledgement
by the Board.

3/ Category III cases which are within the Pay Board's 5.5% standard and need not be filed under current
regulations are returned to the party concerned through the Internal Revenue Service. Category III
requests for exception to the standard should be filed with local IRS officials.

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