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! KNOW YOUR BENEFIT PLANS LONGLAC CENTURY CLUB (No, 7 in a series continued from last Page 3 (Standings as of midnight, June 6th, 1951.) week's issue and written up in the form of Comprised of all units with 100 or more questions and answers for easier assimil« consecutive safe days without an on-duty ation, ) disabling injury. Retirement Trust UNIT SAFE DAYS 20, IF 1 LEAVE LONGLAC BEFORE RETIREMENT 1, Administration Office 937 AGE DO I RETAIN ANY RIGHT TO A PENSION? 2, Hotel 937 Yes, the right to receive a retirement 3. Warehouse 937 annuity shall vest in you 10 years prior he Electrical 937 to normal retirement age, provided you have 5, Technical 937 completed, not less than 20 years of serv- 6, Bleachery Oot ice, However, you shall not have the 7. Hospital rex right to receive your pension until you 8, Steam and Recovery 905 reach retirement age, 9, Dig. Br. Stock Screens 863 27. WHAT IS THE DIFFERENCE BETWEEN A 10, Buildings and Grounds 664, RETIREMENT PENSION AND A DISABILITY PENSION? 11, Machine Room yet A retirement pension is paid to any regular 12, Jackladder (seasonal) Bt employee who has completed at least 15 13. Structural 1,60 years of service and attained normal retire- 1), Kiln, Caustic, and Evaps. 385 ment age, A disability pension is payable 15, Service Operations 363 to any regular employee who has completed - 16, Wood Room 354 at least 15 years of service and who be- 17, Mechanical 298 comes totally and permanently disabled, The 18, Wood Yard 259 amount of pension is calculated on exactly 19, Pipefitters haw the same basis for either a retirement or 20. Engineering Office 1h9 a disability pension, MILL TOTAL 149 28. IS IT POSSIBLE TO RECEIVE BOTH A RETIREMENT PENSION AND A DISABILITY PENSION AT TH& SAME TIME? 29. IF I SUFFER A TOTAL AND PERMANENT DIS- ABILITY AT HOME OR ELSEWHERE AWAY FROM MY WORK SHALL I BE ELIGIBLE FOR A DISABILITY PENSION? Yes, the situation is exactly the same as if the disability occurred at work, 30. WILL MY INCOME TAX BE (AFFECTED BEFORE OR AFTER I R&TIRE UNDER THIS PLN? Because all contributions under this plan are made by the Company, your taxable in= come is not affected until after your retire- ment. Under present Canadian Income Tax Laws, once pensions are paid they are considered 2s income in the same way as salaries or wages, 31, IF I WISH TO DO SO, HOW CAN I MAKE PRO- VISION FOR ..DDITION/L INCOME? £11 money required to operate this pension plan is provided by the Company. No employee is asked to contribute at any time towards his pension, In other words, it is what is known as a non-contributory pension plan, If an employee wants to make provision for add~ itional income besides his pension, he can do so by taking out a Canadian Government /nnuity, In this way he could supplement his pension with the Annuity purchase with the 4 or 5 per "cent of his earnings which would be his normal contribution in 9 contributory plen. 32. WHO WILL ADMINISTER THIS PLN? This plan will be administered by a Board of Trustees appointed by the Board of Directors of the Company. The "Dog House", reserved for units No with under 100 safe days has not had an 0-0-0 occupant now for the past seven weeks, Let's keep it that way! "I won't get married until I finda girl like the one grandpa married," You won't find women like that today." "That's funny, Gramp married her only yesterday,"