2007-13th CHECK IP: 64.12.117.196 Posted on April 30, 2008 at 03:40:53 AM by Larry Vincent
TO ALL RETIREES,
ALL OF US HAVE WONDERED HOW MUCH THE 2007 13TH CHECK WILL BE. WE WILL ALL KNOW THE AMOUNT WHEN IT IS ANNOUNCED AT THE MAY 22 PENSION BOARD MEETING. AT THAT TIME, THE ACTUARY IS TO TELL US ALL THE AMOUNT AND CERTIFY THE NUMBER. WE WILL POST THE AMOUNT AFTER THE MAY 22ND MEETING. WHEN YOU GET YOUR CHECK YOU SHOULD PLAN OF SETTING ASIDE APPROX 15-20% TO PAY UNCLE SAM NEXT YEAR. IF YOU ARE A LOD RETIREE, YOURS IS TAX FREE. FOR THE REST OF US, WELL, WE NEED TO MAKE SURE WE SET ASIDE WHAT WE WILL OWE. OUCH. WILL LET ALL KNOW WHEN WE GET THE CERTIFIED AMOUNT NEXT MONTH.
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