Masonry Magazine September 1962 Page. 15
STARK
Structural Glazed Tile are produced mainly in vertical type to assure better bonding, easier-less costly and solid bed and head joints. Write for complete catalog.
K CERAMICS, INC., CANTON 1, OHIO
Step 8-Employer Contributions
Employer contributions will be started in accordance with the bargaining agreement. It is not necessary that the insurance company or bank be selected before submitting the plan to Internal Revenue. The plan benefits should be fully spelled out and the proper material should be addressed with Internal Revenue as soon as feasable.
Step 9-Benefits and Funding
The goal of the plan is to provide benefits. This will be in accordance with the plan formula. Usually, in order to start off with a financial cushion, there is a delay of two, or three years before benefit payments commence but after employer contributions start. The period provides time for consolidating all the necessary steps and starts the fund off with a surplus to guard against early unfavorable experience. The money will of course be invested by the insurance company or bank, as the case may be.
Step 10-Meetings of Trustees
Depending on conditions the trustees will meet monthly, quarterly, or less often to handle current problems. This will include the processing of applications for benefits, interpretation of the plan as it applies to particular cases, the analyses of reports submitted by the insurance company or bank, and so forth.
You may have guessed by now, a pension plan is no simple proposition! In fact the subject is almost as large as the question which my 7-year old son asked the other day-"Daddy, is infinity an even number?" The requirements of the administrative office will differ depending on local conditions and the other characteristics of the fund. The insurance company will usually provide effective suggestions in the establishment and operation of the fund's administrative office.
In some areas of the country there are professional administrators available on a fee basis. It is often possible to work out a satisfactory arrangement with a professional administrator, especially where the fund is of sufficient size to warrant the establishment of an administrative office by the fund.
MORGEN
Adjustable Masonry
SCAFFOLDING
* Moves up material, masons and laborers as the wall is built
* No rescaffolding no moving of unused material
* Keeps masons constantly of their most productive level
* Lets lift trucks place material in one move at mason's elbow
* Lets lift trucks move sections of scaffolding intact to other walls on the job
Write for Job Reports Showing
Wall Costs Slashed 25% to 30%
MORGEN MANUFACTURING CO.
YANKTON, S. D.
HAVE YOU HEARD ABOUT THE
ALL NEW
ALL METAL
SCR Corner Pole
FOR VENEER OR SOLID
BEARING MASONRY
Each pole is complete in itself and can be used at an outside corner, inside corner, or Intermediate position by merely adjusting the fittings. Needs no added parts which become mislaid or lost.
STURDY RUGGED-PRACTICALLY INDESTRUCTIBLE
Galvanized steel pole with cost aluminum/magnesium fittings
ADJUSTABLE BRICK & INCH MODULAR & INCH RULE
For course changing of sills and heads
FAST AND EASY TO ERECT AND ALIGN
2 min, veneer-5-6 min, solid masonry-one man
TOP AND BOTTOM FITTINGS CALIBRATED
To overhong or indent masonry-fittings can be pre- set
At a realistic price you can afford and recover in a few weeks by the additional work accomplished.
A SET OF 4 POLES 159.00
A FULL SET OF 6 POLES 229.50
COMPLETE WITH ALL FITTINGS AND COMPONENTS
CHOICE TERRITORIES AVAILABLE TO DEALERS
DISTRIBUTORS YOUR INQUIRY IS INVITED
CONTRACTORS, Write for free booklet on new developments in the "SCR Masonry Process, brochure and further information.
Developed by the Structural Clay Products Research Foundation of Geneva, III, after nine years of corner pole experience.
MASONRY SPECIALTY CO.
172 WESTBROOK RD. NEW KENSINGTON, PA. PH. 335-9831
Jal-O-Vent GLASS BLOCK VENTILATORS
EACH LOUVER
WEATHERSTRIPPED
Screen inside
interchangeable
with storm unit
Large variety of sizes
Write for complete information to: Department M-1
Jones Engineering Company Des Plaines, Illinois