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Next pageRETIREES' NEWSLETTER
Fourth Issue: June, 1993.
SECRETARY-TREASURER REPORTS ON MEMBERSHIP AND FINANCES
Association Secretary-Treasurer, Bill Philli ps, presented to the meeting of April 22nd, the data on membership and finances. Paid-up membership was at 54, and cash in the bank from dues was $1,310.78, before deducting expenses in connection with the meeting, mainly costs of printing and mailing.
He reminded members that the Association follows roughly the University year. Specifically, the Association's year runs from Fall General Meeting to Fall General Meeting. Annual dues, which remain at $15, become payable at the Fall Meeting or as soon as possible thereafter.
Newly retired persons joining the Association now would owe dues as of the Fall General Meeting, and would remain members in good standing throughout the subsequent year. He stated that, while no official ruling has been made, it is our understanding that dues paid to the Association are allowed as a deduction for income tax purposes.
Phillips also reminded members that the Constitution has been amended slightly as a result of decisions taken at the last meeting - specifically, the provision for adding additional members to the Association's Executive.
HEALTH INSURANCE NOTES
INCREASE IN HEALTH INSURANCE PREMIUMS
At the meeting on April 22nd, members were reminded by the Association President, Norm Shklov, that Green Shield premiums for retired members increased, as of 1st March 1993. The new monthly premiums are:
Dental Option Single: $37.77 Family: $89.93
Drug Option Single: $96.07 Family: $229.03
The Dental Option includes Extended Health Care, Semi-Private and Medex (out-of-province) as well as Dental Coverage. The Drug Option includes Extended Health care, Semi-Private and Medex (out-of-province) as well as Drug Coverage.
All retirees who are subscribers to either option of the Green Shield Plan are reminded that they should carry their Medex cards with them at all times. If you do not possess a Medex card, you should obtain one from Jim Skinner at Human Resources. (Cont'd on p.6)