To: Pension Recipients
From: Bill Stefka
Date: April 10, 2001
Re: Retiree Banquet-General Update

Dear Pension Recipients:

The next retiree's banquet will be held Wednesday, May 16, 2001, at the Manchaca Fire Hall. The fire hall is located at 1310 FM1626. Dinner will begin at 6:00 p.m. and the program will start at 7:00 p.m. Please refer to the enclosed invitation for a list of the retirees to be honored. I hope to see many of you there!

We have made several changes for withholding tax so far this year. Please remember we do not automatically increase your withholding tax when cost-of-living increases are approved, such as the 3.4% increase approved last January 1, 2001. If you need to have your withholding tax increased, please call our office. The changes need to be made through our office only, not through correspondence with the bank. We can now take the information directly over the phone.

We have not lost any of our retirees or widows since our last update. Our last retiree to pass away was Harold Ponder and he was in the benevolent fund. Harold passed away November 3, 2000, and is survived by his wife, Vernell. One of our widows, Mrs. Artha Carr, passed away October 31, 2000. She was the widow of retiree Harry Carr, who earlier passed away June 2, 1986. For those in the benevolent fund, Gary Pounds asked us to remind everyone that your beneficiaries for your benevolent fund benefits be checked and updated if necessary. Most of you are up to date on your dues and the benevolent fund committee is most appreciative of your interest. Other benevolent fund trustees are Eric Mackey at Dispatch, Becky Malone at St.18C, and Doug Fowler at St. 20B. You are welcome to call Gary Pounds at 288-0591 for any questions or updates concerning the benevolent fund. Don't forget about the retiree breakfast group, which meets at Owens Restaurant every second Wednesday about 8:00 a.m. in the vacinity of IH35 and Highway 290 East.

Maybe we will get to see you at the retiree banquet! If you have any questions or if we can assist you in any way, please contact our office.

Sincerely,

William E. Stefka