Image provided by: SEIU Local 503; Salem, OR
About The Oregon state employee. (Salem, Oregon.) 1944-195? | View Entire Issue (May 1, 1950)
12 for the sake of^a few hundred^ ^ f e ^s m ore of salary? I do not th in k so. If he -retires on n en sio n jreh fejel^ a^ p tn r- ing for him self and his survivor all th a t is possible in the form of pension, he m ay stiS be re-em ployed fo r not to exceed 600 hours in a year w ithout disturbing his pension status in . any way|K and ^w ithout being re quired to make;I any additional con trib u tio n to the re tirem en t fund. It is possible th a t m ore attention could profitably be given to this ap proach to a v e i l im portant period m ay w s a M ^ M g g J l 5 years de pending on the age and qu ality of the nr j j r p M and the d ep artm en t collects th e v eteran ’s taxes along w ith his m onthly p a ® « to save him from having to pay taxes in a yearly lum p shm. Veterans’ Activities Bldg., Salem , and 415 S.W. 11th Ave., B ) r t l a n ||||| T erm inal Leave P ay T here’s good new s fo r those W e g l W ar II veterans who failed to apply fo r term inal leave p a y p rio r to th e Septem ber 1, 1948 B y v irtu e of P u h K jL fS C 4 79. 81st Congress, ap proved A pril 26, they are gjj|en until June 30, 1951, to ap p ly ’,fpr\ this bene- fit. At this w riting it w as not w w n definitely w hether th e previous ap p h - cation form s m ay be used to apply for the benefits u n d er th e n ew tim e lim it, nor to w hat arm y or nav y address^ the applications should be m ailed. H ow ever, w ord is expected on this sh o rt ly, and v eterans co fn cS ied are ad- vised to v e te ra n s’ organi zation, county service officers, or the depar tm ent of veterans a ffa irs. By LARRY QUINLIN Dept. of Veterans’ Affairs Oregon Veterans’ Loans O r e g o r S W orld W ar II veterans are borrow ing an average of slightly over $680,000 a m onth t h r o t i S the state de p artm e n t of v eteran s’ affairs to p u r chase hom e and farm s. This is the av erage for the 12-m onth p eW S | from Ju n e 1, 1949, through May 31, 1950, w hen loans am ounting to $8,160,750 w ere m ade to 1,937 veterans. O v er-all fig u re for the popular state v eteran s’ hoipe and farm loan pro gram s i n ^ i t s beginning in the fall of 1945 am ounts to $21,800,289 in loans granted to 5,428 Oregon ex-servicem en of th e late w ar. To m eet this dem and—which in thé m onth of M ay ju st closed am ounted to $771,850, or $91,700 in excess of the past y e a r’s average—the departm ent of v eteran s’ affairs on J u n e 23 sold HH o th er $4,000,000 in bonds for th e p u r pose of financing the program . This m akes a to tal of $25,000,000 in ^ o n d sales since 1945. The. p ro g ram offers a four percent loan to th e veteran , from the "state vet- e ra n O d e p a rtm e n t, to be used for the' acquisition of a home or a farm , which can m ean d irect p u rc h ase, to pay off a purch ase m ortgage or ‘ contract, to co n stru ct a n ew home, or in some in stances, to im prove his home. The loan is lim ited to 75 |5|!S|bnt B th e ap p raised v alue of the property, an d cannot exceed $6,000. Repaym ent! resided in Oregon p rio r to W orld W ar II service, ancffl|wo% |B^^M H bnoraw ^ for 90 days or m ore betw een S eptem ber 1, 1940, and December 31, 1946. A pplication m ay be m ade through veterans’ post o r c o u n ty service o S ficers, or direct to the d ep artm en t of v e te ra n s ’ a ffa irs, 305 S ta te L ib ra ry Coming Events Of Interest As a service to state em nl ^ e e s » vho like to trav el and see th e sights, we are presenting here some of th e com? n |B fe S |H ts in O r B ^ p l g m c h l^ ^ ^ h d ^ interest to O regonians an d o u t-o f- We are indebted to the T ravel Inform ation D e p artm en t of the Oregon s S e H ighw ay Com m ission fori the m aterial. S ubsequent issues of the m agazine w ill ca rry announcem ents pf later events. (C ontinued on r B B 2 3 )
