William Penn Life, 1996 (31. évfolyam, 1-12. szám)
1996-11-01 / 11. szám
WILLIAM PENN LIFE (([OFFICIAL PUBLICATION OF THE WILLIAM PENN ASSOCIATION, 709 BRIGHTON RD, PITTSBURGH, PA 15233 Volume 31, Number 11 Address Correction Requested November 1996 New benefits aimed at children of WPA members Board elects Richard W. Toth as National V»P.-Secretary PITTSBURGH — At its October meeting, the Board of Directors elected Richard W. Toth, FLM1, FIC, as national vice presidentsecretary. Mr. Toth had been serving as acting secretary since J une of this year. He fills the unexpired term of George S. Charles Jr. who was elected by the Board as national president in June. Mr. Toth has been employed in the Association’s underwriting department for more than 12 years. He has served as chief underwriter since October 1993. A lifelong resident of Munhall, Pa., he earned an associate’s degree in applied sciences from the Community College of Allegheny County in 1979. He continued his education in Inside the insurance field, earning his Fraternal Insurance Counsellor (FIC) designation in August 1985 and his Fellow Life Management Institute (FLMI) designation in December 1995. In between he earned certification in a number of insurancerelated topics, including basic life underwriting, fundamentals of life and health insurance, fundamentals of life risk selection, and IRA compliance training retirement plans. He also has completed seven of nine required courses toward an American Academy of Life Underwriting designation. He is an active member of Branch 89 Homestead, Pa., and has served as branch vice president since December 1987. He and his wife Nancy have two sons, Richard and Christopher, and are awaiting the birth ot their third child. PITTSBURGH — The WPA recently introduced two new fraternal benefits which provide free life insurance coverage to children of WPA members. One offers insurance protection to newborn children, and the other provides coverage to graduating high school seniors. Under the Newborn Children Benefit, the fraternal benefit amount is $2,000 per child if one parent is a WPA member and $5,000 per child if both parents are members. To activate this benefit, the parents must inform the WPA of the child’s birth in writing within 30 days of the live birth of the child. The benefit begins immediately upon receipt of this notice at the WPA and ends six months after the child’s date of birth. However, no benefit shall apply for the first seven days after birth. The Graduating High School Seniors Benefit works in a similar fashion. This fraternal benefit begins immediately on receipt at the WPA of a written notice that the child of a WPA parent has been graduated. The notice must be received within 30 days of graduation. A diploma must have been granted, but need not be submitted to the WPA, except as part of proof of death. The benefit ends six months from the date of graduation. The Graduating High School Seniors Benefit amount is $5,000 per child if one parent is a WPA member and $10,000 per child if both parents are members. Both of these programs are fraternal benefits being offered exclusively to WPA members at no cost to our members. They are also two of many valuable benefits offered to WPA members, benefits not offered by most commercial insurance companies. To learn more about the Newborn Children Benefit, the Graduating High School Senior Benefit or all the benefits of being a WPA member, contact your local WPA representative or call our Home Office toll-free at 1-800- 848-PENN (7366). Frances A. Furedy retires after 55-year career ■ Director Fodor earns fraternal award............................Page 2. ■ A holiday season message from President Charles ... Page 2. ■ Travelers praise WPA tour to Hungary........................Page 3. ■ The latest news St notes from our branches .... Pages 4-5. ■ WPA dance group crowns new Miss Magyar .................Page 7. Next Deadline November 22 PITTSBURGH — After 55 years of continuous and devoted service to the William Penn, National Vice President-Treasurer Frances A. Furedy retired Oct. 5. To put her career in perspective, consider that the Association is 110 years old. Put simply, Ms. Furedy was employed in the WPA’s Home Office for half of the Association’s life. The Board of Directors has appointed a search committee to find a permanent replacement. In the interim, the Board appointed Assistant Treasurer Diane M. Torma as acting national vice president-treasurer. Ms. Furedy’s long and illustrious career began in 1941 when she was hired as a secretary by the former Workingman’s Sick Benefit Federation. After Workingman’s merged with the Verhovay Aid Association, she became assistant to the national controller in 1948. She was promoted to the position of administrative assistant in 1966. Her hard work and knowledge of the Association’s workings earned her the position of director of internal operations in 1983. A year later she was named administrative assistant to the national president. In 1987, Ms. Furedy became the first woman ever to be elected a national officer when the Board named her national treasurer. From February 1990 to March 1991 she served the dual role of national secretary-treasurer. Then in September 1995 she took on her biggest challenge when, while continuing to serve as national vice president-treasurer, she accepted the role of acting president until June of this year. Ms. Furedy’s professional accomplishments and dedication to the Association have been duly recognized by the WPA and others. In 1986, she received the Association’s highest honor, the Distinguished Service Award, during the Association’s Centennial Celebration in Pittsburgh. Her work for the WPA, as well as her efforts in the American Hungarian community, earned her the American Hungarian Foundation’s Distinguished Service A- ward in 1991. Now, after a distinguished career spanning more than half a century, Ms. Furedy has earned the best award: a long, healthy and happy retirement. She plans to devote much of her time to her family and her home. Newly-appointed Acting National Vice President-Treasurer Diane Torma, 32, has been employed in the Association’s treasury department for more than nine years. She has served as assistant treasurer since October FRANCES A. FUREDY Retiring National V.P.-T'rearrer 1995. She earned a bachelor’s degree in business administration, majoring in accounting, from Indiana University of Pennsylvania Continued on Page 2
