SECURITY Flashcards

1
Q

Job Security - 3

A
  1. Guaranteed 4 yrs
  2. Guaranteed job means guaranteed income
  3. No strikes of layoffs
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2
Q

Medical Care - 2

A
  1. Free medical and dental care

2. Free or low cost medical/dental for family

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3
Q

Retirement Plan - 3

A
  1. Non-contributory plan that pays 50-75% of base pay for life
  2. Eligible after 20 yrs of service
  3. Benefits begin immediately after retirement
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4
Q

Thrift Savings Plan - 3

A
  1. 401 (K) life savings plan
  2. ALLOWS members to contribute pre-tax dollars
  3. Contributions are made simple through payroll deductions
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