28
directly to anyone thereto entitled under
th e provisio ns of th e re tirem e n t la w , re
gard less o f a n y cla im m a in ta in a b le again st
su ch sum th e re a fte r in th e h an d s o f the
recipient.
Rule No. 29
In v estm e n ts o f th e re tirem e n t fu n d sh a ll
be carried on th e books o f th e retirem en t
system at th e ir am ortized v a lu e s.
OH MY GARSH!
Scanning the police blotter last Sat
urday we ran across an interesting
report of a traffic accident:
“ The operator of the other car
charged with drunken driving crashed
into Mrs. Murphy’s rear end which
was sticking out into the road.”
Rule No. 30
T hese ru les h e re b y p ro m u lg a te d are in
ten d ed as a re v isio n o f and restatem en t of
a ll ru les o f the P u b lic E m p lo y es R e tire m en t
B o a rd and sh a ll supersede a ll ru les of this
b oard h e reto fo re file d w ith th e S e cre ta ry
of State.
Rule N o. 31
In the even t th a t a m em b er o f th e sy s
tem dies b efo re re tirin g w ith no su rv iv in g
n e x t o f k in as d escribed b y section 21,
ch a p ter 401, O re g o n L aw s 1945, as am en d ed,
and w ith o u t h a v in g d esign ated a b e n e fic i
a ry , the am ou n t o f m o n e y cred ited to his
a cco u n t at the tim e o f his d eath sh a ll be
p aid to th e e x e cu to r or th e ad m in istrato r
o f his estate. I f his estate is not prob ated ,
su ch am ou n t sh a ll be held b y the b oard
in a suspense acco u n t not to ex ce e d ten
years, p e n d in g su ch a d m in istra tio n or the
ap p earan ce o f n e x t o f k in . T h e re a fte r it
sh a ll be s u b je ct to the law s o f this state
g o v e rn in g escheats.
Rule N o. 32
T h e lu m p sum p a y m e n t p rovid ed fo r b y
sectio n 17, su b sectio n 4, O re g o n L aw s 1945,
as am en d ed , m ad e b y an em ploye re tu rn
in g fro m th e arm ed services to the e m
p lo ym e n t o f a p a rtic ip a tin g e m p loy er o th
er th a n the em p lo y er b y w hom he w as
e m p loy ed at the tim e o f e n te rin g m ili
ta ry se rv ice, sh a ll be cred ited to the e m
p lo y e ’s acco u n t w ith th e em p loyer b y
w h om he w as em p loyed im m e d ia te ly p rior
to e n te rin g the a rm ed se rvices. N e ith e r the
act o f re tu rn in g n o r th e act o f m a k in g
lu m p sum p a y m e n t sh a ll be co nstrued to
p rovid e service cre d it fo r the tim e nor
se rvice d isa b ility b en e fits fo r d isa b ility
in cu rre d d u rin g th a t perio d of service w ith
the arm ed fo rces.
Marital note: A short engagement
sometimes leads to a long encounter.
McMILLAN’S
FOUNTAIN LUNCH
Sandwiches & Cold Drinks
1949 State Street
Salem, Oregon
LOVE IS EVERYWHERE
In Judge Lemuel Schmellowitz’s
court last Tuesday, the jury foreman
handed in a verdict:
“ We find the defendant gorgeous,
breathtaking, sweet, lovable and . . .
oh, yes, not guilty.”
Two little Mosack girls were dis
cussing the Sunday school lesson. “Do
you really believe there is a devil?”
“ Oh, I don’t,” answered the older
one, “ I guess it’s like Santa Claus—
it’s really one’s father.”
Prompt payment of your OSEA
dues will insure uninterrupted con
tinuance of your Bow-cost group in
surance. See your chapter secretary,
who will send your payment into the
Association office.
Oregon Gravel Co.
Sand - Gravel - Crushed oRck
Concrete Pipe & Concrete Tile
1405 N. Front St., Salem
Phone 3-3417
Capital City Transfer
Local and Long Distance Hauling
Storage - Crating - Oil - Briquets
226 State St.
Day Phone 2-2436
Salem, Ore.
Night Phone 3-3342
Your Tomorrow Is Up To You Today — Join OSEA