RETIREMENT
PLAN
distributed
On Friday, October 20, 1950, every employee
of our company received a copy of a booklet en
titled "Your Ecusta Retirement Plan”, accom
panied by a personal letter from Mr. Harry H.
Straus.
The Retirement Plan, as we all know, was ef
fective January 1, 1950. The attractive booklet
gives full details of just exactly how the plan
works and what it means to each one of us.
With this latest provision for retirement, the
company now rounds out a thorough and com
plete six point Employee Security Program. The
benefits include not only our new Retirement
Plan, but Life Insurance, Hospital Insurance, Sur
gical Insurance, and Accident and Health Insur
ance.
Our Ecusta Retirement Plan contains many ex
cellent features and, as we all know, the cost of
the plan is borne entirely by the company. Some
of the most interesting features of our Retirement
Plan include Early Retirement Allowance, Sep
aration Retirement Allowance, Disability Retire
ment Allowance, and several options as to how the
monthly benefits will be paid. The booklet is well
written and contains full information which will
enable an employee to estimate his personal re
tirement benefits under the plan. All employees
are encouraged to ask questions, however, in order
that everyone will be fully familiar with how the
plan actually applies to them. The Personnel De
partment will be happy to discuss the Retirement
Plan with you at any time.
Some of our older employees, who are now 65
years old, will begin to retire on January 1, 1951-
Others will reach age 65 during the years 1951
and 1952. These employees, in particular, are
urged to contact the Personnel Department in the
near future in order that they can be fully in
formed as to their benefits, well in advance of
their retirement date.
The Ecusta Retirement Plan is by far the most
expensive and most important benefit which is
provided for our employees by the cornpany.
Along with their personal savings and Social Se
curity, the Retirement Plan provides for all long-
service employees a comfortable measure of se
curity during the later years of their lives.
I
CAN YOU IDENTIFY ALL SIX POINTS
OF ECUSTA'S EMPLOYEE
SECURITY PLAN?
ANSWERS ON PAGE 29
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