Fraternity-Testvériség, 1975 (53. évfolyam, 1-12. szám)

1975-04-01 / 4-6. szám

WILL YOUR INCOME FROM PENSION AND SOCIAL SECURITY COVER THE EVER GROWING LIVING COST WHEN YOU RETIRE! CHANCES ARE THEY WON’T! SECURE ADDITIONAL INCOME BY TAKING OUR RECENTLY INTRODUCED, INEXPENSIVE RETIREMENT INCOME AT 65 INSURANCE • YOUR NEAREST LOCAL REPRESENTATIVE WILL BE MORE THAN GLAD TO GIVE YOU FURTHER INFORMATION. FIND NAME AND ADDRESS OF OUR REPRESENTATIVES ON THE COVER PAGE, OR INQUIRE AT OUR HOME OFFICE: — • — THE HUNGARIAN REFORMED FEDERATION OF AMERICA 3216 New Mexico Avenue, N.W. Washington, D.C. 20016 Phone: 202/244-7555 CONTROLLER’S REPORT — continued II. COLLECTION OF DUES Despite the adverse economic conditions prevailing in 1974, we were able to collect dues assessments on time. Most of the branch managers submitted their re­ports together with the collected dues as prescribed in the by-laws and the arrears of individual members remained approximately the same. Our branch managers deserve recognition of the Board for the outstanding services performed in 1974. Continuous supervision of the branch activities, selecting new managers especi­ally in emergencies, instructing underwriting and managerial duties are vitally im­portant jobs which just cannot be properly performed from the Home Office. We have more than 170 branches. It was a very wise decision of the Board that “the field be restructured using Area Managers wherever and whenever a qualified person may be found.” Eventual automation of our billing system will very much lessen this bur­den on the line of dues collection. Prepaid dues far exceeded dues in arrears: Prepaid Dues U.S.A. Canada 1973 $ 97,640.54 $4,509.57 1974 111,405.25 4,664.79 Dues in Arrears U.S.A. Canada $45,149.67 $1,452.18 45,481.49 2,839.21 In the following comparative tabulation I give dues income in the U.S.A. and in Canada showing adjusted gross dues income, considerations for supplementary contracts, health and accident dues income separately. Adjusted Total Total Year Life Dues C.S.C. Life Dues A. & H. Dues Income 1970 $1,371,345.99 $ 63,852.68 $1,435,198.67 $50,499.98 $1,485,698.65 1971 1,355,015.40 82,834.40 1,437,849.80 46,117.68 1,483,967.48 1972 1,356,329.88 99,083.23 1,455,413.11 40,976.81 1,496,389.92 1973 1,351,038.21 87,964.05 1,439,828.41 36,868.30 1,476,696.71 1974 1,295,888.94 117,444.08 1,413,333.02 34,065.99 1,447,399.01 The following listing shows the changes in our dues income per certificate and $1,000.00 insurance in force computed on premium paying and non-premium paying basis separately. Per Certificate Per 1,000 Ins. in Force Dues Paying Total Dues Paying Total 1970 $51.41 $41.51 $34.07 $29.13 1971 53.75 42.42 34.38 28.98 1972 56.87 43.83 35.08 29.14 1973 59.23 44.45 35.32 28.82 1974 61.96 45.54 35.52 28.62 Branch handling expenses were slightly lower as a result of decrease in our dues income: Branch Deductions Salary to U.S.A. Canada Br. Office Clerks Total 1973 $99,693.92 $3,079.54 $9,643.00 $112,416.46 1974 98,453.19 3,137.91 10,151.00 111,742.10 III. STATISTICAL SERVICE A) FLUCTUATION OF MEMBERSHIP Adult Juvenile Total Combined U.S.A. Canada U.S.A. Canada U.S.A. Canada U.S.A. & Can. 12-31-70 23,748 501 7,259 192 31,007 693 31,700 12-31-71 23,326 537 6,993 177 30,319 714 31,033 12-31-72 23,064 538 6,551 156 29,615 694 30,309 12-31-73 22,784 495 6,151 151 28,935 646 29,581 12-31-74 22,594 493 5,684 149 28,295 642 28,937 B) FLUCTUATION OF CERTIFICATES 12-31-70 26,286 512 7,577 198 33,863 710 34,573 12-31-71 25,883 551 7,286 179 33,169 730 33,899 12-31-72 25,666 551 6,833 157 32,498 708 33,206 12-31-73 25,386 510 6,394 152 31,780 662 32,442 12-31-74 25,205 511 5,913 150 31,118 661 31,779 (continued on next page) 20

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