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Show Lcmtsiutf hcvicw, Wednesday, Sepiemoer iu, iyo& New retirement system provides more benefits A new NOTICE OF ELECTION for benefits from the system. This was pointed out by the Utah Foundation, a Salt Lake d private research organization. Prior to this year, Utah has operated a contributory retirement system which required contributions from both the employer and the employee, said Allan Witt of the Foundation. In the case of state employees and local school employees, however, all or most of the employees share was actually paid by the employer. The portion contributed in behalf of the employee is accounted for separately and may be withdrawn with interest if the employee 'should leave government service before retirement. Witt said that under the new noncontributory system, all of the cost will be paid by the employer. While employees cannot withdraw these contributions before re- often recommended The Farmers Home Administration (FmHA) County Committee elec- j . below tion this year will be held on September 16, 1986. The ballot ! in returned or must be filled out, detached and mailed and received 25th St., Ogden, person to FmHA, Rm. 1124, Federal Building, 324 If you do not vote in ; UT. 84401 not later than September 16, 1986. blank a inside envelope marked . person, you should mail your ballot ' blank envelope should be placed ballot to ensure a secret ballot. This ad-inside the envelope you use to mail your ballot. Your name and ; in-- ; this to Failure outer provide the be on envelope. dress must legible formation will render your ballot invalid. Ballots and envelopes may ; ! also be obtained from your local FmHA office. ; MEXICAN RESTAURANT Your favorite the Utah retirement system is very generous compared to other state systems. It also noted that when state retirement benefits are combined with federal Social Security the maximum exceeds the limit noncontributory retirement system established by the 1986 Utah Legislature will provide improved benefits for career state and local employees who qualify WEEKLY SPECIALS with Delicious Savings Every Day Area Committee are listed The slate of nominees for the Weber-Davi- s in the ballot below. The qualifications of persons voting are described; in the Voter Certification Statement. For further information regardabove.-FmHing voting and voter eligibility, see the county office listed to race, color, naare open to all eligible voters without regard tional origin, age, political affiliation, marital status, sec, andor. for public plans. Unlike retirement systems in many other states which have experienced financial problems, Utahs retirement system is actuarial sound. Because of liberal funding and good investment experience over City-base- handicap. the years, Utah is regarded as having one of the most financially secure plans in the nation. At the close of the 1985 calendar year, there was a combined balance of more than $2.2 billion in the four retirement programs operated by the state. Of this total balance, $1.9 billion was in the state retirement system, with the remaining $0.3 billion in the other three U.S. DEPARTMENT OF AGRICULTURE FARMERS HOME ADMINISTRATION BALLOT FOR COUNTY COMMITTEE MEMBERS COUNTY: STATE: UTAH WEBER-DAVI- S Candidates: JAY S. GREEN KIM SLATER a VOTE FOR TWO CANDIDATES A state-operat- ed New systems (public safety, firemens, and judges). Special Every Week tirement, they will have their benefits calculated on the highest three years of salary rather than the highest five years that applies .... under the old plan. In addition, the employer will deposit 1.5 percent of an employees salary each year into a special savings account under the new noncontributory The study notes that the new noncontributory retirement system will apply to all state and school employees hired on or after July 1, Please detach this notice before voting ballot mMtm 1 UTAH GLASS. Both. 0o4m 202 21 cl SI. 132 399 5691 9091 yz MWU . lij City Ms N. fay S. 1900 (BonFcdroj) reSubpart W of Part 2054 of Title 7, Code of Federal Regulations elections committee or area FmHA for all voters county quires that meet the following eligibility requirements: (a) be farmers; (b) derive the principal part of their income from farming (that is more than 50 percent of their gross income must come from agricultural production); (c) have their principal farming operation within the county or area for which the election is being held. 350 N. Main Layton, UT. 546-- 1 W. 9 111 By submitting this ballot, I attest that I meet the criteria to vote. 7 W! STATEMENT VOTER CERTIFICATION No Limits No Coupons No Gimmicks plan. 1986. Employees covered by the old system have until December 31, 1986 to decide whether or not to switch over to the new noncontributory system or stay with the present system. Local units in Utah have until Dec. 31, 1986 to elect to participate in the new noncontributory retirement program. Persons employed by such units at the time of this election have six months after the election to decide whether they will switch over to the new system or stay with the existing program. In addition to the higher benefits provided the new program, there are some cost savings for most state and local governments in the system. These higher benefits and lower costs under the noncontributory program are possible because refunds to short-teremployees who fail to qualify for retirement benefits would be limited to the Vi savings contribution plus earnings made in behalf of the employ- 19-9UNION BAA' CASUAL TAX II I. SIACKS waist in charcoal, khaki, front: black, putty Reg. $28 pleated or plain 28-3Bailiw ick sizes 9 Follow fashion into fall m 99 PETITE DRESSES 20 SPECIAL-FIbeautifully proportioned assorted styles in broken Reg. $62-$6- 8 Petite Dresses 9 T 1 ee. Utahs retirement program is considered to be rather generous, according to the Utah Foundation report. Several years ago, a private consulting firm employed to analyze Utahs retirement program concluded that the overall design of. p..... 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