SECURITY Flashcards
1
Q
Job Security - 3
A
- Guaranteed 4 yrs
- Guaranteed job means guaranteed income
- No strikes of layoffs
2
Q
Medical Care - 2
A
- Free medical and dental care
2. Free or low cost medical/dental for family
3
Q
Retirement Plan - 3
A
- Non-contributory plan that pays 50-75% of base pay for life
- Eligible after 20 yrs of service
- Benefits begin immediately after retirement
4
Q
Thrift Savings Plan - 3
A
- 401 (K) life savings plan
- ALLOWS members to contribute pre-tax dollars
- Contributions are made simple through payroll deductions