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Show Career Counselors Corner The DESERET SAMPLER, Fri., August 29, 1969 While past columns discussed immediate opportunities available be reenlisting, this column will take a look at die long range opportunities for staying Army. Needless to say one of the greatest appeals for staying Army is the pension plan. Where else can a person retire at an age as young as 38 and receive a pendou to which he did not contribute monetarily? It is difficult to estimate the exact pension a person in todays Army will receive when he, or die, retires, since the pension is based on your salary, and Army salaries keep going up. We can however, give you some examples of what a person who retired today would get from Uncle Sain. Let's set up what might lie a typical retiree. Hes an E--6, hes forty years old and has just completed his 20 years of service. This person whould receive a pension of $246.30 a month for the rest of his, or her, life. This would come to 2955.60 a year. Since this persons life expectancy would be around 67 years, he would draw an estimated total of 79,801.20, in pension money. To equal this retirement pay out, a person would have to have 63,205 deposited in a bank, drawing five per cent interest a year. Naturally, the higher the grade, the more retirement income. If this same person were an E-- he would draw 279.90 a month, 3358.80 a year and an estimated 90,687.60 over his lifetime. Should he retire as an E-- the monthly pension would be 317.25 or 3807.00 a year. This would result in an estimated lifetime payout of to men and women who might 8, This issues best lawn beltings to LAWN OF THE ISSl'E Graves on such a nice looking lawn. E-- 5 Training Agreements Must Conform to New CSC Merit Policy Terry Craves. Congratulations Training agreements intended for use after June 30 must meet the following conditions in order to receive Commission approval: 1. Where a written test is used as one factor in selection for entry into the training program, it may continue to he used provided its use fully meets Commission guidelines. Federal agencies have licen told by the U.S. Civil Service Com2. Where a written test is used mission that training agreements as a screening device, such use must be discontinued unless Comusing written tests must lie modified to conform to the new merit lhe g(,ie lle!lIls 0f mission standards require it for evaluating jxilicy or they will lie jjtes, and that a written test inservice placement. canceled. The merit promotion 3. A written test may not lie usej jn evaluating candi-polic- y inay lie came effective July 1. is when it as the sole means of used ly liy required jates Training agreements are deve- - Commission standards for by agencies and approved by vice placement or when the test the Commission as a means of pro- and testing procedures meet ComBlodhound: Clue sniffer viding intensive and specialized mission guidelines or have lieen who for lack Jane Hunt Clark employees training approved liy the Commission. the specialized experience needed The Commission emphasized to perform a new job. The agree- that its approval of a test or testing ments enable agencies to bring procedure in a training agreement employees into a new field of work in the past does not constitute its and train them fully in a minimum approvul for use after June 30. of time. Many agreements provide Strict controls oil the use of for promotion of the employee, written tests, including the Federeither during or at tlic completion al Service Entrance Examination, of die training period. in agency training agreements The revised Federal Merit have been imposed, and specific Promotion Policy provides that for guidelines related to the use of promotions, transfers, or other written tests in promotions, placement actions, a written test transfers, and placement t. have been issued by die Commismay not lie used as a The policy also provides that sion. a written test may not lie used as j. 102.789.00 Since this retiree would still be a young, 40, he or die could a get good civilian job. As new papers have indicated, there is a very definite interest by business in hiring retired Army personnel. The man or woman who stays in the Army for thirty years would fare even better under the pension plan. An E--8 retiring after thirty yean would receive a month pension of 559.80 or 6,717.60 a year. If he joined at age 18 and retired at age 48, he would collect an estimated 127,634.40 over his lifetime. If he retired as an E-he would receive 504.00 a month, or 6048.00 a year. This would come to an estimated lifetime payout of 114,912.00. We would like' to note that the lifetime payouts we mention above are only estimated on die bads of life expectancy of 67 years. Since we are living longer lives, chances are that your lifetime payout of pension funds would be greater than the figures given in this of the National AssoProfessional Employees Local R FORMAL RECOGNITION ciation of Government Employees was granted Formal Recognition recently as COL Robert Mul draw, commanding officer DTC, presented die charter to officers of the union. Shown receiving the charter from COL Muldrow is Kenneth Lind, president of the local. Others shown are Jack VanLiere, vice president Mrs. Louise Pratt, treasurer, and Charles Stapley, sec) retary. The union is open to all GS employees. 14-6- 2 (L-R- New Health The Army is going to let men scheduled to leave the service before September 1 expend their enlistments so they of the can take advantage new lost cost health insurance plan which lie gins cm that date. Under the plan beginning article. September 1, departing serOther benefits a retiree receives, in addition to pension, are vicemen will be able to buy lifetime use of FX and commisuiy, free hops on military aircraft health insurance at premiums and medical care. As you can see, each of these benefits is worth considerable saving to a person. Of course, a retiree would also draw social security pension when he readied die eligible age. If you have any questions about retinnent benefits or any other questions alxiut making the Army a career, why not give us a call or visit our office? Our number is 2884 and our office is located in room 1602 of Building 5450. We are open Mondays through Fridays from 0730 to 1630. 7, Plan Begins ranging from $16.50 (for self only) to $90 for a man and his family, including maternity benefits. Coverage lasts 90 days. Sept. 1 enlistments to take advantage of military medical facilities. While Now the Anny says there is no special program for extensions to allow participaNormally, men separating tion in the new insurance prolose all military benefits on gram, the spirit of the message the day they are released from would include personnel deactive duty. siring to extend for this reason. In February the Army said So soldiers may extend their men whose families had medienlistments to Septemlier first cal problems - mostly preg- and beyond. nancies - could extend their 1969 175cc Scrambler Moto Sport screen-placemen- Rtaw Piiiil Tooeles Honda Headquarters for All Parts and Service (faiFftHEffll S3 tPnfhn (lira MUMfra GMS) (teQsofilD&fc mm flRQfltnTfiflhffli - Edward Dalton, Allen Paulson and Edward Yerke received INCENTATIVE AWARDS Muldrow Deseret Test Center Commanding officer. Robert from COL Awards alive In cent If the earth were perfectly smooth and round, the oceans would cover it to a depth of 12,000 a cirofirai Pants are the goin' thing (or fall. Rnd pantboots. Boots that make the loot complete with bold broad straps, plenty o( perFs, extended soles. Great boots that make the most o( new straight stalking legs that drop down to your boot top. How groovy can you get? CoNNiE As Men in SFVFNTFTN am my GED Program Records Best Year Ever Participation by personnel in the Army's worldwide General Educational Development ,CED) e high program readied an during fiseal year iFY) 1969, according to the office of The Adjutant General. all-tim- The Armys vast GED program, which supplements military training with civilian type education, provides academic and vocational from die elementary courses through college level for personnel who wish to continue tlicir education while on active duty. The average number of enrollments and course completions increased markedly over FY 1968. A total of S16.403 GED course completions were reported for FY increase over 1969, a 22 pm-enFY 196S. In courses related to Military Occupational Specialties 'alone, 495.000 completions were recorded, representing an increase of 60..533 over the previous year. t More than 500 riny persons completed work on baccalaureate or advanced degrees through GED, while 60,671 soldiers qualified for high school diplomas oi equivalent certificates. In a separate program, approximately 500 olficcrs completed graduate degrees through the Armys civil schuols program. Tlie GED program is operated at 295 educational centers located at Army installations around the world. Twenty-fou- r of the centers are in the Republic of Vietnam. The Anny employs approximately 400 professional civilian educators to administer the program for local Army commanders. feet. CHARMER Tina Louise plays a barefoot charmer in The Good Guys And The Bad Guys". 930 N. Main - 882-325- 5 |