Classified Employees Association
AUSTIN
COMMUNITY COLLEGE
CLASSIFIED
EMPLOYEES ASSOCIATION
Tuesday,
December 12, 2000, HBC room 107, Noon – 1:00 PM
The meeting was called to order at
12:00 PM.
Welcome:
Barbara Dickey thanked everyone for
coming and asked if everyone would please read the minutes for approval
while they ate their lunch. She
then thanked all those who brought food for bringing it.
Approval
of Minutes:
Tomi Welch moved to accept the minutes
from the November 14, 2000 meeting.
Jackie seconded the motion and Kerry Landfield also voted they
be passed. The minutes were approved.
Board
Meeting Update:
Max Landry attended the board meeting
in place of Barbara Dickey. Max
explained that he announced to the Board that he was the new President
– Elect. He also spoke to the Board about ReJoyce Andrews’s death and
the sympathy we have for her family.
Max told the Board that we would be having a Christmas Potluck
at our December meeting. Max
also took a moment to thank Dr. Fonte and the Board for the job they
have been doing and he also thanked Gerry Tucker for her work covering
4 departments. Max also spoke briefly about the Emergency
Fund.
Welcome
New President – Elect:
Barbara announced that Max Landry
won the vote for President – Elect and welcomed him.
Jim
Burgess:
Jim first thanked the ACCCEA for inviting
him then he spoke about retirement.
Jim first explained to everyone that he thinks of each person
as a snowflake, each one is unique, meaning everyone’s financial
situation, life goals, etc are different, therefore no one should
choose a retirement plan just because someone they know chose “that”
retirement plan. Jim asked
the members three questions to help make people think a bit, these
questions were: “How
many people are not concerned about retirement?; How many think it
is for old people?; How many know how many people there are over 100?”
Jim explained that there are 75-80 thousand people over 100
years old in the United States. People
tend to think that choosing a retirement plan is like choosing a job;
they don’t realize that it is a lifetime decision!
Jim also explained that once you retire with TRS you are considered
always retired. If you choose to come back to work after retirement
and work over 20 hours a week your retirement will decrease, if you
work 40 hours, your retirement goes to 0.
Jim recommended four steps that people
should follow 5-6 months in advance before retiring.
After following these steps then decided if retiring is the
right decision for you, because if you choose to come back to work
after you retire remember you will be doing the same work for half
the pay and half the benefits! First
go to TRS and attend their four-hour presentation; keep in mind that
you do not have to be concerned with their health plan and investment
plan. Second, go to ERS who
handles ACC’s insurance and attend their four-hour briefing;
again keep in mind that you are concerned with insurance, dental and
long-term care. Third, go
to Social Security, attend their four-hour briefing and keep in mind
that while you are there that the most complicated issues Social Security
deals with are from the educational field, therefore tell them what
YOU are there for. And the fourth step is if you have or had a
spouse in the armed forces you will want to attend the briefing from
VA, even if you are divorced from your spouse.
Jim also suggests that everyone have
a retirement debriefing at least every 5 years!
Social security; everything is constantly
changing; Jim suggested that every 2 to 3 years you look into your
plan to see what is happening.
Four months before the date of your
retirement Human Resources will give you a debriefing and packet with
applications and pamphlets. It
is also recommended that every 2 to 3 years you update your beneficiary
form.
Early
Retirement Option:
The ACC early retirement option is
separate from the TRS program, just because you choose ACC’s
early retirement option is does not mean you have to select TRS as
well. You have to be at least
55 years of age and have at least 10 years on the staffing table.
Note that once you have 5 years of service you are in TRS for
the rest of your life, if you have 10 years of uninterrupted service
with ACC then ACC will pay for your health insurance for the rest
of your life. This is the
first time that ACC has offered an early retirement option. Prof tech and Classified early retirement program
will pay you 50% of your FY 2001 salary if you work until August 31st. You will then be paid a lump sum check on September
3rd 2001. Employees
have until December 20th to make decision and have until
January 31st to make withdrawal.
New
Business:
Judy Doyen presented Jim Burgess with
a classified t-shirt to show the appreciation of the ACCCEA for his
attending the meeting.
There was a drawing for Christmas
presents; Marvie Vazquez, Max Landry, Tracy Miller-Thomason, Tina
Webb, Jill Taylor and Jackie Mauldin all received gifts.
Jackie Pool took a minute to explain
that she would be giving the reps of each campus deduction forms for
those who want to donate through payroll to the emergency fund.
Barbara also noted that anything helps from a one-dollar donation
to a five-dollar donation.
The meeting was adjourned at 12:59
PM.
Respectfully submitted by:
Tracy Miller-Thomason, ACCCEA Secretary
AUSTIN COMMUNITY COLLEGE
CLASSIFIED EMPLOYEES ASSOCIATION
Tuesday,
December 12, 2000, HBC room 107, Noon – 1:00 PM
The meeting was called to order at 12:00 PM.
Welcome:
Barbara Dickey thanked everyone for coming and asked if everyone would please read the minutes for approval while they ate their lunch. She then thanked all those who brought food for bringing it.
Approval
of Minutes:
Tomi Welch moved to accept the minutes from the November 14, 2000 meeting. Jackie seconded the motion and Kerry Landfield also voted they be passed. The minutes were approved.
Board Meeting Update:
Max Landry attended the board meeting in place of Barbara Dickey. Max explained that he announced to the Board that he was the new President – Elect. He also spoke to the Board about ReJoyce Andrews’s death and the sympathy we have for her family. Max told the Board that we would be having a Christmas Potluck at our December meeting. Max also took a moment to thank Dr. Fonte and the Board for the job they have been doing and he also thanked Gerry Tucker for her work covering 4 departments. Max also spoke briefly about the Emergency Fund.
Welcome
New President – Elect:
Barbara announced that Max Landry won the vote for President – Elect and welcomed him.
Jim
Burgess:
Jim first thanked the ACCCEA for inviting him then he spoke about retirement. Jim first explained to everyone that he thinks of each person as a snowflake, each one is unique, meaning everyone’s financial situation, life goals, etc are different, therefore no one should choose a retirement plan just because someone they know chose “that” retirement plan. Jim asked the members three questions to help make people think a bit, these questions were: “How many people are not concerned about retirement?; How many think it is for old people?; How many know how many people there are over 100?” Jim explained that there are 75-80 thousand people over 100 years old in the United States. People tend to think that choosing a retirement plan is like choosing a job; they don’t realize that it is a lifetime decision! Jim also explained that once you retire with TRS you are considered always retired. If you choose to come back to work after retirement and work over 20 hours a week your retirement will decrease, if you work 40 hours, your retirement goes to 0.
Jim recommended four steps that people should follow 5-6 months in advance before retiring. After following these steps then decided if retiring is the right decision for you, because if you choose to come back to work after you retire remember you will be doing the same work for half the pay and half the benefits! First go to TRS and attend their four-hour presentation; keep in mind that you do not have to be concerned with their health plan and investment plan. Second, go to ERS who handles ACC’s insurance and attend their four-hour briefing; again keep in mind that you are concerned with insurance, dental and long-term care. Third, go to Social Security, attend their four-hour briefing and keep in mind that while you are there that the most complicated issues Social Security deals with are from the educational field, therefore tell them what YOU are there for. And the fourth step is if you have or had a spouse in the armed forces you will want to attend the briefing from VA, even if you are divorced from your spouse.
Jim also suggests that everyone have a retirement debriefing at least every 5 years!
Social security; everything is constantly changing; Jim suggested that every 2 to 3 years you look into your plan to see what is happening.
Four months before the date of your retirement Human Resources will give you a debriefing and packet with applications and pamphlets. It is also recommended that every 2 to 3 years you update your beneficiary form.
Early
Retirement Option:
The ACC early retirement option is separate from the TRS program, just because you choose ACC’s early retirement option is does not mean you have to select TRS as well. You have to be at least 55 years of age and have at least 10 years on the staffing table. Note that once you have 5 years of service you are in TRS for the rest of your life, if you have 10 years of uninterrupted service with ACC then ACC will pay for your health insurance for the rest of your life. This is the first time that ACC has offered an early retirement option. Prof tech and Classified early retirement program will pay you 50% of your FY 2001 salary if you work until August 31st. You will then be paid a lump sum check on September 3rd 2001. Employees have until December 20th to make decision and have until January 31st to make withdrawal.
New
Business:
Judy Doyen presented Jim Burgess with a classified t-shirt to show the appreciation of the ACCCEA for his attending the meeting.
There was a drawing for Christmas presents; Marvie Vazquez, Max Landry, Tracy Miller-Thomason, Tina Webb, Jill Taylor and Jackie Mauldin all received gifts.
Jackie Pool took a minute to explain that she would be giving the reps of each campus deduction forms for those who want to donate through payroll to the emergency fund. Barbara also noted that anything helps from a one-dollar donation to a five-dollar donation.
The meeting was adjourned at 12:59 PM.
Respectfully submitted by:
Tracy Miller-Thomason, ACCCEA Secretary
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