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Show Hill AFB, Utah Vol. 54 No. 44, November 10, 1999 84056-582- 4 II for their campaign support. by Neal Scheel They indicated civilian and military Hill AFB CFC Coordinator pTTiplnyppg of the base as well as other Hill AFB workers have once more federal installations and agencies in demonstrated a superb spirit of gen- Utah have demonstrated a keen sense d response of community responsibility and comerosity in their to the 1999 Combined Federal Campassion for those less fortunate than with dollar pledges amounting themselves. paign CFC officials provided another interto $563,181 which is 110 percent of the base's $510,000 goal. esting statistic in this year's CFC drive if all those dollars were laid To lend historical perspective to this total workto 30 base end end they would reach a distance achievement, years ago ers also numbered approximately 20,000 of more than 50 miles. Though the and surpassed the goal, but with campaign has been completed, CFC contributions of $220,485. workers will continue to accept conMaj. Gen. Richard Roellig, Ogden tributions. Air Logistics Center commander, and The assistance provided needy perThomas Miner, Chairman of the 1999 sons through the many health and welUtah CFC Executive Board, were high fare agencies will reach around the in their praise for Hill AFB personnel world. INSIDE: n h - ' A - whole-hearte- Veterans Day salutes Page 2, 3 and 5 A-- 1 0 teams honored Page 4 a!- Obstacles block military use of savings plan Powwow planned Page 5 changes 10seen Page ' "f ;'-- Mini Mall .Page ,: S f ,' V' V, opens 16-1- 7 O Mailman burn brightens victim Page 19 Employees try marathons Page 20-2- 1 $510,000 Goal: Veteran's Day 11th ' Ipllljllllll i , . reserve-compone- o i it "It is an opportunity for people to save for future requirements," he said. "We think our people ought to enjoy that same ability to save for the future as anybody else." The fiscal 2000 National Defense Authorization Act contained a provision that would allow members of the uniformed services to join the investment plan. TSP contributions come off the top of the participants' income, thus lowering their taxable income, withholding and income taxes. While the authorization act would allow TSP enrollment, it also requires that legislation be proposed and enacted that would offset tax revenue losses through 2009 caused by members sheltering income in the plan. DoD officials estimate more than $480 million in offsetting legislation must be enacted to make service members' TSP participation a reality. The offset requirement is a new wrinkle, TSP officials said. The last major increase in TSP membership, the addition of judicial branch workers, had no such requirement. Another hurdle, TSP officials said, is the sheer size of the uniformed services. The TSP currently has 2.5 million participants. DoD alone could potentially double the it has 2.6 million active and reserve members in rolls uniform. TSP officials said there would probably be some growing pains. Additionally, TSP officials have advised DoD the plan would need about $10 million to allow members to participate. Absent this appropriation, they would assess annual administrative charges of 8.4 percent of reserve participants' account balances and 1.5 percent of active duty participants' account balances. Such charges would make participation by the military unattractive, DoD officials said. Federal civilian employees pay only .06 percent in annual administrative fees. retirement savings and investment TSP is a plan established by the Federal Employees Retirement System Act of 1986. The military participation authorized by Congress would be in addition to the military retirement system and would not replace it. See Thrift, page 2 lfiilp x Service members may get WASHINGTON (AFPN) nest eggs in the to 2001 retirement build in the chance federal Thrift Savings Plan, but only if serious obstacles are overcome. The Thrift Savings Plan is a savings vehicle, said Navy Capt. Elliott Bloxom, Department of Defense director of tax-favor-ed November 111 liiilllllBi&l byJim Garamone compensation. "'. Employees! 'edicate American Forces Press Service Officer school " Hill - ? -- Thank You, i & ? Photos by Mary Galbraith II ' 3 'LtJ tijif, large crowd gathered Thursday for the Missile Park dedication near the base's West Gate. Maj. Gen. Thomas Neary, 20th Air Force commander, Hill above, praised work their for employees with the Peacekeeper and A Minuteman intercontinental ballistic missiles and their efforts to preserve peace. Other speakers were Dan Hendrickson, Air Force Association national director; Andy Cianciotto, ICBM Prime Integration Program vice president and program manager, TRW; and Maj. Gen. 'Richard Roellig, Ogden ALC commander. ICBM and Officials System Program Office Shirlene employees Allred and Dennis Ritter unveiled a commemorative plaque, below left. Allred has been with the office since August, and Ritter has worked there 38 years. m Sit' m rr t :x & 'ii'f$ , r isi ' " ' , i A " ' f i is-- i ; t.v 1 nt - :? v t , , . V 1 |