Indianapolis Times, Indianapolis, Marion County, 11 July 1941 — Page 6

FRIDAY, JULY 11, 1041 5428 Central Ave.; Alexander Noyej

Richard A. West, 4120 N. Illinois St.; and James L. Murray, o“ B

AT CULVER SESSION =: 3: san » noces, 22»

inger, 5126 N. Pennsylvania St.

BOWES EXPERT SPEAKS:

Stanley Sundling, engineer for thé

THE INDIANAPOLIS eres Local Reserve Finishes Anfi-Aircraft Courses LIST 18 FROM CITY

GE 6 — GLASS IS PRO TEM. First Lieut. John Cerutti, 441 N.]of Indianapolis, has taken it in his ginning in 1032. Following that year

J MILLION HOLD | SENATE PRESIDENT rn iu som cms. a we gn ns, ue

WASHINGTON, July 10 (U. P.) —|Stewart, Ga., has graduated from| His latest solo appearance Was On |giates : Times Special Eighty-three-year-old Carter Glass|the anti-aircraft artillery courses of the WLS radio program broadcast! Soli ed jon concert| ouyvep Ind, July 11.~Bighteen was sworn in yesterday as the 73d|the Coast Artillery School at Ft.|from Ft. Custer last Saturday when e country. In 1936, 4,0 apolis boys are included

president pro tempore of the Senate,| Monroe, Va., according to word re-|he sang Shubert’s “Serenade.” Private Geis again returned to Bu-| 0 0 to 904 enrollees attend

ceived here. Following its policy of aitempting|tope where he sang before most of Lieut. Cerutti the ; the 40th session of the Culver Mili- : to utilize a selectee’s talents, Acad ool Bowes Seal Fast Corp. will speak

was an accountThey are: James D. Bartlett, 3g53|° “Spark Plug Improvements—Hot

ant at the In-|assigned dian Refining|chological Section of the Recruiting Washington Blvd: Robert E. Ever-|and Cold” before members of the ett, 5846 Winthrop Ave.; Samuel |Indianapolis Scientech Club Mone

Co. here when|Reception Center at Ft. Custer. he was ordered As a university graduate—Butler M. Harrell, 3221 N. Pennsylvania)day noon in the Board of Trad St.; Bert C. McCammon Jr, 1001 Building.

to active duty as pi ualified to assist University—he is q : 'E. 58th St.; Maurice F. McGrath,

a reserve officer. tions 4038 Central Ave.; Daniel N. Mc- , 3 \ a0 "Tr

succeeding the late Senator Pat Harrison (D. Miss.). tet Senator Glass was esco! he Bases of Figuring Your rostrum by Senators Kenneth McKellar (D. Tenn.) and Charles L. McNary (R. Ore.). After the oath was administered:

Protection Is Substantial; Bases Benefits Is Average Monthly Salary and Length of Time Involved.

By JOHN T. MOUTOUX Times Special Writer : 3 WASHINGTON, July 77.—Some 45,000,000 American fie Wold ee um Xf he citizens hold life insurance and annuity “policies” in the| “I've already signed the damned

c thing,” Senator Glass said out of country’s largest insurance company, but the chances are| 5108 Bers Oo tn that relatively few of them realize what retirement or death| senate Democratic: Leader Alben

W. Barkley. laughed and remarked

Fo edie

ea

Leonard L. Wild, 445 E. Tist St.; Robert H. Wright, 137 Berkley Rd.; .|L. John Bernets, 4445 W Blvd.; P. Herbert Feucht, 310 Union Station; Corval B. Jackson, 2257 Madison Ave.; Horace M. Powell Jr., 5565 Washington Blvd.; Jack Cohen,

Nally, 5720 N. Pennsylvania St.; Fav:

' payments their policies provide.

that “he already is on the payroll.”

The company is the United States Government, acting].

through the Social Security . Board. There are two outding reasons why most

people have a rather hazy

idea as to what their So-

cial Security insurance means in dollars to themselves or their

families: First, unlike an ordinary insurance

policy, on which the benefits are all spelled out—even though in legal phrases not always easy to understand—a Social Security card contains nothing but the holders ac-

+ count number and name.

Second, the premiums paid under Social Security are small, and many

~ are not aware that they are being ‘deducted from their wages and do

not bother to check up on what they'll get out of the insurance— probably taking it for granted that such low premiums can’t buy any great protection. Protection Is Substantial

Actually, the protection is substantial. To prove it, check the

~ tables that will follow and see what

the benefits amount to in your case. The basis of any calculation is

‘what is called your “primary insurance benefit.”

This is figured on monthly salaries up to $250 a month

=~—anything over $250 doesn’t count.

Suppose your monthly salary is

: $300. You at once knock off $50 of ‘that, because $250 is the maximum

on Nbich the benefit payment is paid. Now take 40 per cent of the first $50 of the $250 salary. That is $20. Then take 10 per cent of the remaining $200. That is $20. Add the two together and you have $40.

Wife Benefits, Too

Now take 1 per cent of $40 for each year you have been under So-

~ cial Security—40 cents a year. By

the time you have been under So-

. cial Security for 10 years, that would

amount to $4. Add the $4 to the

previous $40, making $44, which is

the “primary insurance benefit” of 2 person earning $250 a month or

. more. If he earns $1000 a month,

his insurance benefit under Social Security would be the same. That $44 is the amount such a person would receive monthly upon reaching the age of 65. He would continue to receive it until his death. In addition, his wife, if 65 or upon reaching 65, would receive half that amount. The same would be paid for an unmarried child under. 18. However, the maximum monthly payment to be nade to any family is $85. This is how the old-age or annuity payments work. The family benefits upon the death of a card holder are somewhat different. Consider another person, also earning $300 a month, who instead of retiring at 65, dies after 10 years under Social Security. His “primary insurance benefit” would be the same—$44 a month.

Widow Gets Portion

But there would be this difference —no one would receive $44 a month. Instead, his widow would receive three-fourths of the primary insurance benefit, in this case $33 a month. In addition, each child under 16 (or under 18, if in school) would receive half the primary in-

Immediate delivery.

: Buy On Our Convenient

10 or 15 PAY PLAN

Just make a small down payment and pay the balance in 10 or 15 equal weekly payments. No delay! No fuss!

- DRESSES

surance benefit, or $22. However, §

again- the $85 per month family maximum applies. As to the benefits to be received by the widow, there is this qualification: If she has no child under 18, she does not begin receiving the payments until she is 65. Both under the retirement play and the death -plan no payment to a family shall be less than $10 a month. Thus the range of possible monthly benefits is between $10 and 85. $ The maximum benefit to be paid a family cannot be larger than twice the worker's benefit, or 80 per cen# of his average monthly pay, or $85, whichever is the, least. The following table gives typical examples of old-age or annuity of | benefit payments, for a worker who has reached 65, for his wife who

Women's Perfect Fitting

SLACK SUITS

A brand-new mid-summer fashion that has just arrived —cool black spun rayon dresses that are smartly trimmed with frosty white. Splendid addition to your summer wardrobe or for vacation, business and afternoon wear.

Star Store, Second Floor

TO

$199 === 5499 | Q | * x ZS

08

11 to 17 & 14 to M4

$6.96 $1.19

$1.95

$6.00 .. $50.00

Na Rl] =

360 WWARSHINGTON ST. WOMEN’S SMART-NEW =

Black & White

SINCE 1BBS

TOMORRO

MAKKET in

SATURDAY HOURS 9:30A.M.to 9P.M.

2v DAY

—OF OUR BIG—

9x12-FT. HEAVY GOLD SEAL RUGS— DISCONTINUED PATT

EXTRA SOLID UNPA SET CHAIRS—21 ONLY &.... CORO CNNNET 200000 0RRNRRNRNRNRRRRRRRRIRIIERRRRIRRARRRSS

INNERSPRING MATTRESS and BOX SPRINGS COMBINATIONS; Slightly Soiled. Twin Size Only

ODD FLOOR LAMPS—COMPLETE ; WITH SHADE—6 ON BALE +1oveisssssasiosiiressstretsntteroesstnsrscirectns

12 ONLY—IN-A-DOOR SHOE RACKS — COMPLETE...

NS=10 ON SALE S020 0000000000RRRRRRRRLRRRIRRRRRNYS D BREAKFAST

COO 00000000D RR00N0NNRNINRNNNNNN RRR RRRNRIRRRR RRS

WAREHOUSE SALE of FURNITURE!

AND HOME FURNISHINGS—USE YOUR CHARGE ACCOUNT

We are cleaning up our warehouse (located in rear of Star Store) to make room for incoming new fall merchandise. gains—featuring broken lots, odds and ends, ete. Many items reduced to less than 14 price. No phone or C. O. D. orders, please! final—no exchanges—no credits—nothing sold to dealers.

There are many bar-

All sales

$4.95 59¢ $3.00 .. $10.95 $2.95 49¢

2 ONLY—ALL WHITE OIL STOVES—

1524.50

2 ONLY—COMPLETELY REBUILT—

3 BURNERS~—-SHORT WICKS BRON RRR RINNONNRRRRNIRRLORRRORRRSYS

$13.50

has reached 65, and for the two:

Monthly Benefit Payment to— Worker and Wife

49,00 § $9.95 + PRICE

DOZENS OF OTHER ITEMS ON SALE—TO0O0 NUMEROUS TO MENTION

NYLON HOSE : | *1 WHITE PURSES

Saturday Only | : Clean stylish purses

for your vacation or ps nis ot 54 Eauge to finish the summer sortment of colors and yi Bevera) smart \ sizes. Buy y, SAT. styles in various

$69.50 $14.95

GENUINE E-Z-DO CLOTHES CLOSETS— . SLIGHTLY DAMAGED CEP NP trite snirer 00 RtRRttRIRNNRIRNEeRRRORRIRNRRRIRRLY

The Star Store features a large assortment: of popu-. lar sports togs. You'll find comfortable, perfect fit ting slack suits made of cottons, spun rayons, seersuckers and gabardine, solid colors and color combinations. SIZES 12 to 20 and 40 to 44

Star Store, Second Floor

$3.98 & $2.98 Summer

MAYTAG WASHERS S000 0000000eitn 00 ttt IR IRNRRNN RNR OR seRROIRReRSS

6 ONLY—3-SEATALL-METAL PORCH

Average Monthly Pay GLIDERS—ON SALE AT LA EER ET EER SR S000 000000000000000000C0RRRERRRRTRTS

Worker

". 8 Years’ Coverage: $30.90

288 382

0 gags

Fo

Sale!

#88 urs

2 a Or 8833 8333 3ITn2T 3g

Cool Batiste two-piece - pajamas, regulation gowns and new MidRiff gowns. Attractive floral prints on white and pastel grounds, sec-

; The following table shows family benefits paid upon the death . of a person covered under Social Security: '

AN Average Monthly Pay MontLly Benefit Payments to— simulated leathers,

of Deceased Worker

8 Years’ Coverage:

FRARD TO BELIEVE ....

Kinney'’s Famous “Style Craft”

Men’s Shoes 2

Now Only

Widow and One Child One Child or One

Widow

“0 ERUR $833

15.45 oe 81

sul

aga

gees 883%

= 19)

SH8T 23323 Bea BEER |B: ZNSE 3333

3353

3gs% pes seu

EL]

|

Jos. i»

SCRANTON LACE CURTAINS

Choice of 3 Floral Designs

60 Inches

2145 Yards Long

| Ready | to hang ‘diigtable top

curtains;

SIZES 9 to 15— 12 to 22—38 to 50

substantially i reduced in price. Ideal ¥ for sports, street, business and vacation wear. Choose from sharkskins, shirtings, spun rayons, sheer Bembergs. Newest mid-summer styles and colors, featuring clever trimming details.

Star Store, Second Floor

choice of three designs;

onds of $1.19 quality. Star Store, Street Floor

New Shipment D.R.

ARCH CURE

Also Blue, Black and Brown

White

DR. Hale’s Arch Cure shoes always

your feet. Sy will buy two pair tomorrow for wear Ties, oxfords and

Star Stere, Street Floor

during these hot summer days. pumps. Shop early for best choice.

Boys' Regular Se

~ Slack

new ecru shade; heavy quality; =

nationally known make for long 1

day at this low price.

Siar Store, Street Floor

HALE'S

many have zippers. Star Store, Street Floor

Men's:3 Slack

SUITS

Open Saturday Nite Till 9 P. M,

“42s

Smartly tailored suits — solid shades of blue, tan, rust, green and brown. _ Also solid color shirts with striped slacks. All shirts are made with short sleeves. They can be worn in or out. Pants are made with pleated fronts and have |, matching belts.. Sizes 29 to 42.

Star Store, Street Floor

52.95 Su its