14
After all, if one does leave the ser
vice and wislfes his own money^Bfel|,
he will* have built up j list that much
mqrfey Also, unless those who clo elect
to pay but* 5% to
change
over before a two year period, they
w ill be stuck with that 5% rate and
the accompanying lesser State con
tribution f(^^^>rest of their service.
If one considers the State’s contribu
tion as an indirect part of their sal
ary, and it can i ustl v f bffi^JconsjftSBM
why^not draw the full permissimej
/ c o m ^ a B ^ ^ a .fo p a y in g
the'higher rate I g
a:. higher S^t^^^njtributibia^^^^M
p e p s lM K H y It is proper and so in
tended that every employee be pro
vided with an adequate pension upon
retirement due to age or disability.
Our O SEA ' Group Life Insurance
c o S f age ,fpr members cannot be kept
in folge for a
his membership dues paid up. Many
members have had their policies lapse
in this way which results ..in.non-cov
erage under I the insurance. If one
needs, insurance protection, and who
doesnB jp it
important not to
take chances on having the life insur
ance lapse just because one forgets
to keep his OSEA dues paid up. Are
you an active|pSEA member in good
standing? You can’t buy life insur
ance s^ leS s cost than through the
OSEA Group Life Insurance plan!
By means of this advance service,
the retiring employf^J^zilLj be? told
what his pension allowance would be
unai^BaSe choices he may be interested
in, and it also serves to ffurnish infor-
mation^^^^W^^®Ke required by tlx
Retirement
payment
can be made by them.
It is asked by the Department that
this advance service be not ab!^ W W y
the e p I g M ^ ^ B B E g ^ m d - for
use only by those who definitely plan
to retire within 30 to 60 days of using
the form. A copy o^SeWB^m^^meoeen
sent to most supervisors in the De
partment.
State employees will not be granted
a holiday on Columbus day, O ctober
legislative assembly abol
ished this day as a legal state Koli,day.
The legislature actually considered
dropping Armistice Day, Lincoln’s
B ir tlfday and Coll111ibus Day but en&
ed with elimin ¿t’i'hg only Columbufs
D aW
VETERANS IN SU R A N C E S
D IV ID E N D «
By Larry Quinlin
Oregon State Department of
Veterans Affairs
I State employees who saw World
War II service are reminded that
forms are no w a vailable to apply for
EfflEierall payments on their National
S erv ^ ^ lL ifO ^ ^ M ^ ^ ^ H B M ^ S e for
di vidends— which will amount to $2.8
We S iM W e fa new Chapter, Ante
billions to be paid some
lope Chapter No. 46, co m ^ ^ n g |B
veterans or their survivors— are those
charter members from the Highway
who took out GI insurance prior to
Department at Lakeview and vicinity.
Jan. 1, 1946, and carried it for three
A ll OSEA members will be pleased mbnth^_oxfloi^^^B
at. this new addition t,o'pur ever-grow
Dividends will be paid whether the
ing ranks.- We look foEward to getting GI insurance has lapsed or not, I but
better acquainted with our new fellow
veterans must apply to the Veterans
members at the Council Meeting at
Administration on forms obtainable at
Portland,. Good luck and welcom&Cr
such places as postoffices, V A regional
and field offices, veterans’ organ iza-
As a service to its em pl|SB|gthe Oxe^ tions, county service offices, and the
gon State Highway Department has state Department of Veterans’ A f-
prepared a form for the use of those fairs, State Library building, Salem,
of its'' employees who are planning te£ and?415*S.W. 11th Ave., Po^Wahdl -
retire, whereby they can obtain data
The state veterans’ department has
regarding the Retirement Act pen- published a four-page folder explain
sions and settlement options in ad ing details of applying, and discuss
vance.
ing some of the factors involved in the