Historical Newspapers of South Carolina

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POX IT/ pu"1? I ml %jB "* I J&9HHUHI HWHDK^ ^ Fred Ballew, left, and George Catoe ments to a machine the Lydia maintena the Spooler Room. The device allows tl tangled bobbins or cheeses. An electri the mobile metal unit makes the task o more efficient. Geneva Employe "Thirty Clinton Mills of Geneva employees selected the Presto fry pan as their Christ mas gin rrom tne company, it tied with the 5 V2" automatic deep fryer as the most popular gift in the 1984 selection," according to Personnel Director Bob Dettmar. Other popular selections included the 72 piece wood grain flatwear set, 28; an American-made Hamilton Beach blender, 28; Mirro4-quart pressure cooker, 24; and the 7 DAll^tf LJaw ruuuy nuiuci Employee policy holders whose personal OmniLife II policies are dated Dec. 1, 1980, were recently notified of a dividend that is being applied to the purchase of paid up additional life insurance. TU?m . ? ..? l -x 1.1 1 me i<aue vaiue ui ineir insurance is being increased in ^jBM f F Ml ' ^L \*^^B A . V4" , right, are shown making minor adjustince department recently constructed for ie spooler service operator to "clean up" c motor and wooden spindle attached to f reworking tangled bobbins and cheeses es Select Gifts piece copper cookware set, 24. Other items include electronic clock radio, 21; deluxe step stool, 15; Americanmade ice cream freezer, 14; L.E.D. alarm with high intensity desk lamp, 13; stand mixer by Hamilton, 13; American-made portable air compressor, 13; and AmericanmaHo OIr\ T imnr L/ r-? I1 O inau^ u i vj i 111 ici r\i iiic, 1 j. All eligible employees will receive their gift on the job a few days before Christmas. s Get Dividend the amount stated on the notices received. The amount of premium paid does not change. OmniLife II participants whose policy dates are after Dec. 1, 1980, will receive similar notices as their policies become eligible for dividends. I As 1984 En< Employees About Retiri Thinking about retiring? Or perhaps tapering off work gradually with a part-time job? If so, there are some facts you should know about Social Security. To begin with, you can receive your full retirement amount at age 65. or a Derma nently reduced amount as early as age 62. For example, the reduction is 20% at 62; 13 1/3% at 63. and 6 2/3% at 64. If you're past 65 when you apply, you'll get a slight bonus: your monthly check will be increased by 3% for each year that you did not get a benefit between 65 and 70. (The credit is less if you reached 65 before 1982.) The amount of your monthly check will depend on your average covered earnings while you worked. A worker who retires at 65 in 1984 having maximum covered earnings ? J2 t V y fgk Ed Ganous has retired from Geneva C the textile industry many years and had the acquisition in 1977. V 4> i J* Louis "Bull" Thompkins has retired been with Clinton Mills of Geneva sine Page 11 ds, Many Think ement most years can expect to receive just over $700 a month. If he or she has eligible dependents, payments will be substantially more. Once benefits start, oavments will in crease automatically to keep pace with annual rises in the cost of living of 3% or more. The benefit increase will be tied to the increase in either prices or average wages, depending on the status of the economy. Your retirement checks may be subject to Federal income tax if you have substantial outside income in addition to benefits. In no case, however, will you have to pay tax on more than one-half of the benefits. If your plans are uncertain or if you have questions, the best thing to do is "Inquire before you retire.'' Phone, write, or visit your nearest Social Security office. HHIV ',ard Room. Ed had been associated with i been with Clinton Mills of Geneva since &'-! from the Geneva Warehouse. Louis had e the acquisition of the plant in 1977.