Fraternity-Testvériség, 1972 (50. évfolyam, 1-12. szám)
1972-07-01 / 7-9. szám
U.S.A. CANADA TOTAL Gross Assessment: In 1964 ................. ..$1,438,586.46 $ — $1,438,586.46 In 1965 .................. .. 1,451,405.20 8,719.13 1,460,124.33 In 1966 .................. .. 1,430,736.79 27,695.06 1,458,431.85 In 1967 .................. .. 1,425,746.62 34,402.37 1,460,148.99 In 1968 ................. .. 1,412,051.63 38,485.58 1,450,537.21 In 1969 ................. .. 1,415,726.05 34,285.66 1,450,011.71 In 1970 .................. .. 1,421,215.08 30,318.29 1,451,533.37 In 1971 .................. .. 1,397,990.55 33,706.81 1,431,697.36 U.S.A. CANADA TOTAL Gross Dues: In 1964 .................. .$1,417,658.73 $ — $1,417,658.73 In 1965 .................. ,. 1,436,947.31 9,732.05 1,446,679.36 In 1966 .................. .. 1,443,667.42 33,383.81 1,477,051.23 In 1967 .................. .. 1,425,592.84 34,680.63 1,460,273.47 In 1968 .................. .. 1,405,871.80 40,102.35 1,445,974.15 In 1969 .................. .. 1,405,835.42 34,130.73 1,439,966.15 In 1970 .................. .. 1,414,786.14 33,645.37 1,448,431.51 In 1971 ................. .. 1,405,849.85 34,539.54 1,440,389.39 Year Dues Prepaid Dues in Arrears 1967 $ 97,238.22 $58,367.42 1968 95,790.60 54,176.92 1969 98,855.17 57,259.20 1970 100,908.78 59,453.35 1971 109,679.80 52,351.62 Branch handling expenses slightly increased from $100,- 763.10 paid in 1968 to $102,185.91 paid in 1971. Simplification of dues handling procedure in the Home Office and decrease of dues paying certificates made possible to cut office force in my department by one in 1968. The last Convention recommended “that semi-automated procedure in the billing system and in the administrative work shall be considered by the Supreme Council (the present Board of Directors) but be started only after making everything possible to reduce its cost.” Upon this conditional authorization the Executive Committee explored every aspect and forseeable consequences of this far-reaching innovation and reported its findings to the Board. The members of the Board considered the $40,000.00 cost of transition and the yearly operating expenses prohibitive in 1968 and unanimously voted against the introduction of the Electronic Data Processing. During the term we realized, however, that certain problems cannot be solved in the manual system, (compensation calculated on the premium dollar, dues refund to members, year-end closing work, etc.) therefore, the question of automation will be presented to the delegates of this Convention again for reconsideration. III. STATISTICAL SERVICE. A continuous inventory on membership, certificates and the amount of insurance in force was maintained in my department. I reported monthly fluctuations to the Actuary supplying basic data for the tabulating service. A) FLUCTUATION OF MEMBERSHIP U.S.A. CAN. U.S. & CAN. 12-31-64 34,324 34,324 12-31-65 33,886 537 34,423 12-31-66 33,096 712 33,808 12-31-67 32,433 803 33,236 12-31-68 31,837 801 32,638 12-31-69 31,420 709 32,129 12-31-70 31,007 693 31,700 12-31-71 30,319 714 31,033 B) FLUCTUATION OF CERTIFICATES 12-31-64 37,224 37,224 12-31-65 36,757 538 37,295 12-31-66 35,958 713 36,671 12-31-67 35,301 820 36,121 12-31-68 34,679 827 35,506 12-31-69 34,286 724 35,010 12-31-70 33,863 710 34,573 12-31-71 33,169 730 33,899 C) FLUCTUATION OF INSURANCE IN FORCE 12-31-64 44,560,999 44,560,999 12-31-65 45,233,395 525,500 45,758,895 12-31-66 45,496,531 932,500 46,429,031 12-31-67 45,519,015 1,417,500 46,936,515 12-31-69 46,954,360 1,029,500 47,983,860 12-31-70 48,273,082 987,979 49,261,061 $9,771,504 since December 31, 1959. IV. CLAIM SETTLEMENTS. The Controller “checks and makes a control of all the income and expenses, and of all the management of the assets of the Federation.” I carefully checked every submitted claim and bill, and after validation I remitted benefits with the approval of the President. We settled close to 12,000 benefit and expense claims during the past term. Computation of the claims became more complicated with the new hospital, income protection and family security plans. Our claim settlement is smoothly operating. We satisfy properly submitted claims within 24 to 48 hours, thanks to the outstanding cooperation of our branch managers. I am glad to report that our field people understand and appreciate the importance of quick and precise payments of benefits. Faithful fraternal service is the foundation of GOODWILL and the safeguard of PROGRESS. V. TRUST FUND Death benefits which cannot be paid to the beneficiaries because of various reasons and proceeds of matured but unclaimed certificates are kept on our Trust Fund of Unpaid Claims. Most of the States consider these deposits abandoned properties after a certain number of years and request transfers to the State Welfare Found under the respective Escheat Laws. 25
