4
Group insurance System for
G.S,FA, Members to Provide
Family Security, tow Pates
A group life insurance plan that will provide security and save many dollars
for O.S.E.A. members is near realization after months of investigation and
activity by directors and committees of the Association, under procedures ap
proved by the general- council. While the final details.may require several addi
tional months to work out completely, a decision on the broad aspects of the
new program is expected soon— and announcement of the distinguishing features
and financial advantages will follow shortly.
Here are some of the main points from the insured employe’s pay check,
included in most of:; the plans under as was authorized in a law passed, by’
the recent legislature through O.S.E.A.
consideration by the board:
efforts. As instructed by the general
(DnLow rates for all ages.
(2) Easy monthly payments under council^ the board of directors is to de
cide which company will be picked to
payroll deduction plan.
, <(3) Extra coverage for spouse and handle the plan. With favorably rates
or children at" very small increased cost. to be secured only when a large group
is covered, the' O.S.E.A. membership
(4) Optional disability coverage.
(5 ) Rate reductions based on favor of 3,500 will provide the "large group.”
able group experience.
When the directors .have made the
(6) Coverage of entire membership final selection of the insurance plan, a;
at low rates.
special bulletin probably will be issued.
The Special committee appointed to All features of coverage and rates will
make the insurance plan study is head be explained in full, In the meanwhile
ed by' David H. Cameron of the Un if you are considering additional life, in
employment Compensation Commis,- surance, reserve yo}u r decision until you
sion. Other members are Glen S. Pax learn of the financial advantages to you
son of the Highway Department and and your family during the present
Albert Gille of the Forestry Division. period of rising prices—and in future
Group plans from several reputable life years until you are ready for retirement.
And don’t.fprget that this insurance
insurance companies have been studied
over recent weeks by this committee, plan, soon to be definitely announced,
which has prepared its report for sub will be just one more talking point for
mittal to the board of directors. With new members to join the Association.
each company playing up certain dis Evejy member will be able to sdve.J^.
tinguishing features, the board and entire annual dues by taking advantage
committee are making a careful cheek of the many insurance savings made
of all. plans to be sure that the most possible by the ensuing group insurance-
advantageous program for all employees system.
is selected.
YOUR PRESIDENT COMMENTS
In spite of many individual features,
(Continued from page 3)
most all companies agree that they wilE ings cah result in the correction of iri-
canvass the entire state, contacting competence and discourtesy wherever it
every employee-member, and that sub exists. When any such conditions are
scriptions will be restricted to members completely eliminated, we have a right
of the O.S. E. A. In general the pre to expect the confidence, support and
miums would be deducted monthly respect of the public whom we serve.