A publication of the National Air Traffic Controllers Association
Issue link: http://natca.uberflip.com/i/603672
medical clearance, YOU have the power to help mitigate the effects on your life, should the unthinkable happen. NATCA has partnered with UNUM and SIG (Southern Insuran ce Group) to offer its members long - term d isability (LTD) insurance. How much does it cost? The policy is based on income lev els, but has a MAX of only $37 per pay period! So the real question you should ask is , "How can I aff ord NOT to have it!" The simple answer is you can't. None of us can. In a career field filled with back up plans, this is an easy answer to a very difficult question… What's your plan? For more information please go to natcadisability.com or call 866 - 309 - 0304 . CAMBRIDGE CORNER: Unions urge Congress to declare TSP off - limits! The 15 unions and organizations that make up the labor council that advises the Federal Retirement Thrift Investment Board are calling on Congress to keep its hands off the Thrift Savings Plan. In a letter to House and Senate leadership, the members of the council — whose members represent 4.9 million TSP account holders — warned the lawmakers that proposals to make changes to the TSP, such a s a proposal to change the rate of return on the conservative G Fund, signal to federal employees and retirees that their investments are subject to political tinkering. "The issue is simple," wrote ETAC Chairman Clifford Dailing. "Just the suggestion of a change to the TSP indicates to the employees we represent that the TSP can be manipulated by Congress — that their funds could be used to pay for other programs. It indicates that the TSP is no longer a secure place to put their retirement money. Since 1987 , participants have been told that the governing board, the Federal Retirement Thrift Investment Board, decides what happens with the TSP, and the board has a fiduciary duty to consider, first and foremost, what is best for is participants. When Congress c onsiders changes to the TSP opposed by the TSP fiduciaries, employee confidence in the fund is shaken." While ETAC said it was not suggesting that Congress was not empowered to change the TSP, it noted that in fiscal 1989, Congress and the Office of Manage ment and Budget agreed that the TSP should not be part of the budget. Tony Reardon, national president of National Treasury Employees Union, one of the ETAC member groups, reiterated the council's position that Congress must reassure employees by declaring that "the TSP is off - limits as a source of revenue." "Federal employees and retirees have long been promised that Congress will not siphon money away from the TSP for other government programs," Reardon said in a Sept. 9 statement. "Any talk that even hin ts at the possibility of that promise being broken sends an unwelcome message that the TSP is not a safe retirement option. Tapping the personal retirement savings of federal employees, retirees and members of the military to offset spending is simply unac ceptable." Call 888 - 900 - 4690 or click HERE for more information on how Cambridge Financial Partners can help you. UPCOMING RETIREMENT SEMINARS PROVIDED BY 4 S QUARE : LOCATION 3:00 - 9:00PM 9:00AM - 3:00PM Fairbanks November 19 November 20 Juneau January 26 , 2016 January 27, 2016