26
the life of the m em ber, and arising out o f
the relationship betw een the m em ber and
the possessor of such interest, w hether the
relationship be one of a ffin ity , consan
g u in ity or debtor and creditor. It is not
necessary that the insurable interest co n
tinue u n t il th e d e a th o f th e m e m b e r in
order to q u a lify the ben eficiary to receive
such paym ents as m ay otherwise be due
to him .
Rule N o . 19
The cost of maintaining an OSEA
membership is less than three pack
ages of cigarettes a month.
HAVE YOU RENEWED
A n in a c tiv e m e m b e r is one w h o h a s
te rm in a te d h is r e g u la r e m p lo y m e n t w ith
a p a r tic ip a tin g e m p lo y e r a n d w h o h a s n o t
w ith d r a w n h is n e t a c c u m u la tio n s in th e
r e tir e m e n t
fu n d .
No
e m p lo y e -e m p lo y e r
co n tr ib u tio n s on a c c o u n t o f su ch in a c tiv e
m e m b e r s h a ll be a c c e p te d b y th e b o a rd i f
h e is r e -e m p lo y e d in a te m p o r a r y , ca s u a l
or e m e r g e n c y p o sitio n w h ic h does n o t n o r
m a lly re q u ir e a t le a st 600 h o u rs p er y e a r
of service.
YOUR DUES?
Rule N o . 20
A n y in c re a se in se r v ic e or d is a b ility r e
tir e m e n t b e n e fits e sta b lish e d b y a m e n d
m e n t to th e r e tir e m e n t la w s h a ll a p p ly to
r e tir e d m e m b e rs as o f th e e ffe c tiv e d ate
o f su ch a m e n d m e n t, u n le ss o th e rw ise sp e
c if ic a lly p ro v id e d b y la w .
Rule N o . 21
A n y m e m b e r w h o is 55 or o ld e r (p o lice
o ffic e r s a n d fir e m e n , a ge 50 or o ld e r; c e r
t ifie d te a c h e r s, a g e 45 or old er) m a y t e r
m in a te e m p lo y m e n t o f a ll p a r tic ip a tin g
e m p lo y e rs an d b eco m e e lig ib le fo r re d u c e d
se r v ic e b e n e fits , in c lu d in g p rio r se rv ic e
p e n sio n , u p o n a tta in in g a ge 60 (p o lice o f
fic e r s an d fir e m e n , ag e 55; c e r tifie d teach-
As you enter this ethical
For Quality Foods
Stale Street Market
In the H eart o f S alem
Fresh Fish and Frozen Foods
Our Specialty
pharmacy, you’re impressed
w ith the p ro fessio n a l at
mosphere. Skilled , precise
service; fresh, potent drugs
have made this Prescrip
tion Headquarters. B rin g
us your next prescription.
A F e w Steps fr o m the C apitol
W ILLETT’S C A PITA L
D R U G STORE
1230 State Street
YEATER APPLIANCE COMPANY
xe&á
R anges
Phone 3-4311
- W ash ers - Refrigerators
W ater H eaters - Radios
Sm all A ppliances
375 C hem eketa
Salem , O regon