OCR Text |
Show 2 NEWS " Hilltop Times July 14, 1 989 Thrift plan season open to end soon jf Change of command 'VA It'll -- v - Col. William R. Rahter, new commander of the 2849th Air Base Group, receives the base flag from Brig. Gen. Charles E. Fox, vice commander of the Air Logistics Center, left. MSgt. Steven E. Cope, W. rasp -- Plan will close July 31 tlA'li Open season for the Thrift Savings Plan ends July 31, so those interested should take advantage of the opportunity while they can. The plan is a tax deferred savings program which enables workers, upon their retirement, to receive their savings in an annuity or a lump sum, said Nancy Valenski, chief of entitlements and benefits in the Civilian Personnel Office. "Anyone who is in a covered - position (Federal Employees Retirement System or the Civil Service Retirement System) is eligible to participate in the Og-de- n NCOIC of correc- . tional custody, looks on during change of command ceremonies July 7. program," she said. According to information received from the Federal Retirement Thrift Investment Board, a TSP account offers: A tax deferral of up to 0 percent of the basic pay each period. Secure investments in the Government Secu: rities Investment (G) Fund." Other funds are also available. Immediate vesting in contributions and their earnings. A loan program. Portability upon leaving government service. A choice of withdrawal options. There are two open seasons held each year, May 15 to July 31 and Nov. 15 to Jan. 31. Those signing up in May, June, November and December, will begin to receive the benefits the first full pay period in July or January. For those signing up in July or January, the benefits begin the first full pay period after the end of the month, Ms. Valenski said. Federal employees hired after Jan. 1, 1984 are on the FERS plan, while those hired before that, time are on the CSRS plan. 31, 1988, will be eligiEmployees hired July ble to participate in the May 31, 1989 open season. Those hired January 30, 1989, will be eligible in the Nov. 15, 1989-Ja31, 1990 open season. A TSP account is an integral part of FERS retirement benefits. The other two parts are FERS basic annuity and Social Security. If a worker does not contribute to the TSP, they miss out on a significant portion of the government's contribution to their retirement benefits. For FE RS employees, their agency will make two types of contributions to their TSP account. These agency contributions are not taken out of a paycheck, they are in addition to salary. The first contribution is an agency automatic 1 percent contribution. When workers become eligible, their agency opens a TSP account and automatically deposits an amount equal to 1 percent of their basic pay each pay period. The second contribution is an agency matching contribution. A worker's agency also matches dollar for dollar the first 3 percent of basic pay the worker contributes each pay period and 50 cents on the dollar the next 2 percent of basic pay contributed. A FERS-eligibl- e worker may contribute up to 10 of basic percent pay each pay period, up to the IRS limit of $7,627. A TSP account benefits CSRS-elieibl- e workers in that they can supplement their annuity. They may contribute up to 5 percent of their basic pay each pay period, up to the limit. Though no agency contributions are received, the tax benefit and otheiv benefits are received. For more information or to obtain an enrollmentelection form, contact the Civilian Personnel Entitlements and Benefits Office at Ext. 76142, - ' ' hi a ii-- ii Ifriiiii U.S. Air Force Photo 5-1- More than 500 expected for Commander's Military Ball Tickets are going rapidly for the Commander's Summer Military Ball. The deadline for purchasing tickets is Wednesday. The event will begin at 6 p.m. "Group seating is available," Sandy Bryan, MA, event organizer, said. "Those wishing to reserve a table for 10 people, or a portion of a table, should contact us before next Wednesday." Attire for the event is mess dress for officers and mess dress or semiformal for enlisted, dark suit or tuxedo for civilian men and street-lengt- h dress of evening gown fdr women. will be provided by the child care Free baby-sittin- g for children of wage grade personnel, GS-0facility GS-0and E-- l through E-- To make reserthrough vations for this free service or for further information, please contact Sandy Bryan, Ext. 72603, no July 22. According to Directorate of Maintenance organizers, ticket sales have picked up tremendously in the past two weeks. Plans have been made for more than 500 people to attend the function; which will be held at the 419th Tactical Fighter Wing's hangar, Bldg. 590. 1 Military and civilian employees, as well as local civic officials, will be treated to a special musical pro- 8, gram provided by the 15th Air Force Band of the Golden West from March AFB, Calif., after dinner. later than July Graduated ticket prices are $10 per person for E-- l to E-- GS-0- 1 to GS-0and all wage grade. Tickets O-E-E-0-GS-0- 9 7 for to l to to GM-1and all All colonels are and $15. wage grade employees above as well as GM-1- 5 and Senior Executive Service employees will be charged $25 per ticket. Military and civilian employees are encouraged to bring e guests. Tickets for these guests will be $15 each. 6, 5, 74667; Barbara Anderson, CR, Ext. 77594; 2nd Lt. Steven Joyce Richini, AC, Goodwill, DS, Ext. 76376; Sandy Bryan, MA, Ext. 72603; Capt. Linda Culbreth, MM, Ext. 75656; Maj. Steven Zamparelli, PM, Ext. 76720; Barbara Herrera, SC, Ext. 72951; Fairman, SE, Ext. 73333; CMSgt. Frank Kolb, U.S. Air Force Hospital, Hill, Ext. 76205; 2nd Lt. Thomas Sadlo, XP, Ext. 77778; CMSgt. George McPeak, 2849th ABG, Ext. 73230; TSgt. John Marchand, DE, Ext. 77471; SMSgt. Robert Richko, 2849th ABG SP Sq., Ext. 75533; MSgt. William McKay, Det. 3, 3025 MES, Ext. 78455; SSgt. James Schulr, 84th RADES, Ext. 73216; 1st Lt. Carol Kama, 299th Range Control Sq. and 6545th Test Gp., Ext. 77852; TSgt. Leslie Harrell, 388th TFW, Ext. 72920; Lt. Col. Stephen S. Hepburn, 419th TFW, Ext. 73615; SMSgt. Chisnell, 729th TCS, Ext. 77790; MSgt. James Hingson, 1881st Comm. Sq.; Capt. Scolt Souva, 2952nd CLSS, Ext. 73028. off-bas- age was the industrial area, Mr. McMillan said. e In addition to the overstressed electrical were several other factors contributsystem, there ing to the outage. The excessive outside air temperature caused an increased cooling demand and also overheated exterior cable and transformers. This problem was magnified by dust on overhead power, line connectors. Another contributing factor is automation, the continued basewide increase in the use of electrical Burdenedsysfem, heat result in base power outage on-bas- An overburdened power system, combined with the summer heat, resulted in an extensive power outage at Hill AFB on July 6. "We are a constantly growing base and are cons- devices. at 10 a.m., 38 megawatts. Temperatures at that time were also over 100 degrees. Mr. McMillan suggested several things Hill AFB workers should do to conserve energy. They include: Turn off unused lighting. Turn off unused computer terminals. Set thermostats to 78 degrees. Wear light clothing. Report air conditioners that run unnecessarily. "Just do common sense things that you do at home," he said. , non-critic- al tripped. "That problem has been taken care of, the thermal relay has been set higher and we won't trip the substation again," he said. The only area of the base not affected by the out-- Published by MorMedia, Inc., a private firm in no way connected with the U.S. Air Force, under exclusive written contract with Hill AFB. This commercial enterprise Air Force newspaper is an authorized publication for members of the U.S. military services. Contents of the Hilltop Times are not necessarily the official views of, or endorsed by, the U.S. government, the Department of Electrical demands of the base on July 6 peaked requiring 37.7 megawatts of power. In the summer of 1987, electrical demands peaked at tantly needing more power. It just reached a point that the system, combined with the outside temperatures of 100 degrees, couldn't handle it and some areas failed," Phil McMillan, electrical utilities specialist for the base in civil engineering, said. There was also a problem at the Riverdale substation. Utah Power and Light had the thermal relay set too low and the line became overheated and was Hilltop Times peo- - 4, Combcit Strength Through Logistics 19. Organizations have appointed the following ple as points of contact: ' Ext. 8, 9, 6. 15-Ju- ly ne n. I f . . . Defense or the Department of the Air Force. The appearance of advertisements in this publication, including inserts or supplements, does not constitute en- dorsement by the Department of the Air Force or MorMedia, Inc. of the products or services advertised. Everything advertised in this publication shall be made available for purchase, use or patronage without regard to race, color, religion, sex, national origin, age, marital status, physical handicap, political affiliation or any other nonmerit factor of the purchaser, user or . patron. Editorial content is edited, prepared and provided by the Ogden Air Logistics Center Public Affairs Office staff, Bldg. 1102, Room 118, Ext. 77321. . . . AB iBtrial Stafft Mai. Portia McCracksn f.'Al'fA"?1." ,MA Mi- J"V Morodith Louis A. 5?5,0,C. Publi Iu? e H,!l Aair$ 0ffic" -- - AHoIr..SSgt. Chiof, Infernal Information dito' JStaff A,or Wrlt.ri: , Slft Arana-Barrad- as Marilu A. Tralnor Gary Hatch JV Jo ..Dsbblo Chrlstianton Kathloon Koano, David Harris Michaol Thompson Editorial and "arwnd th kill" Hems, mm tlnr" doy. WMk WtK. pukUcoHon, pocH articW. mm Motxiay, w of Ucatlont claMtfld o4t, 2 p.m. WHiwutoy,, Mk of mak U publication. rranoenmntt for Urtar turn-- U call Hw ditora, 7732177122. Itt. t |