Smyrna times., 1904-02-17
NEW ASSESSMENT RATE FOR
WORKMEN OF DELAWARE
ADOPTED BY GRAND LODGE A. O. U. W. OF
DELAWARE AT WILMINGTON SESSION.
The Classified or Working Plan Plan Popular
and the Advantages to be Enjoyed by Old
and Young Members of the Order.

a1Q Young memDeIS VI TUG OiuSis
The Grand Lodge of Delaware, A.
o. U. W. Wednesday afternoon adopt
ed the new assessment rate proposed
by the Supreme Lodge, the vote for
adoption being AZ to 2S, after which
the annual session, which was held
at A, o. U. W. Hall, in Wilmington,
came to an end. The adjournment
took place at 11.2O o'clock. The new
plan, which goes into effect the first
of next July, is explained by we'll
posted member of the order, as fol-
lows:
'sThe classified, or what is known as
the working plan, is that in which the
members ages are grouped into
classes, as under the present condi-
tions, and the rates have not been
changed materially. Consequently,
the new plan does not increase the
rate of assessment but a few cents in
any particular case until the age 80 is
reached, for the reason that the
amounts paid by the members in the
different classes have been proven to
be ample and sufficient to safely carry
the members in those classes, but it
was found beyond age 55 the rates
were inadequate and the amount nee
essary to assure the payment of the
amount pledged by the order to the
benefciaries of all of its members
would require that they should pay
the amount of So. n on the 81, 900. This
was considered too much and the
assessment of the members under IS
years of age was loaded sufficiently
to aggregate an amount equal to $780,
100000. This is known as the guaran
ty fund and through this means it
was possible to reduce the amount of
assessments on the members over 55
years of age from $5.70 on the $1,000
to $420 on the 81, 900, and this amount
was agreed that the payment of this
amount would not only be a hardship,
but that many of the members would
be unable to pay this amount for var
ious reasons, and therefore various
options were worked out which those
members could take advantage of and
continue their protection without hav
ing to leave the order, to an amount
that they were able to carry.
Can Take Paid-up Certificate Option.
->SE. r-sE---ay>--
''One of the most advantageous op-
tions is that the member So years of
age and over, can take what is known
as the paid-up certificate option, when
the beneficiary assessment payments
end, and all that is necessary for him
to do is to continue his membership
in the order by the simple payment Of
his lodge dues, and upon his death his
beneficiary will receive the amount of
the paid-up certificate.
There are many other options,
which some of the leaders of the order
believe to be even better than the one
in question, and during the next four
months all of the members will not
only be given the opportunity of learn.
ing what those options are, but they
will be visited from time to time by
deputies appointed for the purpose.
Plan That Is Favorable 10 the Young Mao.
s'The other plan adopted is what il
known as the level plan. That is tC
say, the plan under which the oppor
tunlty is offered of paying a certain
amount on the 81, 900 at any age under
55 which amount will be continued
without any increase all through life
and, as matter of fact, will decrease
as age 55 Is reached, for the reason
that in this plan also the member wht
elects it contributes to the guaranty
fund, mentioned above, and the con
tribution to this fund continues onl,
to age So. For instance, taking ag
25, the man joining the A. o. U. W. a
this age, as we'll as the man now in tn
order at this age, elects to take tn
level plan, he will pay $1.21 on tn
$1,000 into the beneficiary fund an
30 cents his fraternal contribution {
the guaranty fund, to assist the mem
Der over 55, making his total paymen
oyer each assessment called for tn
beneficiary fund, $1.51 for each assess
ment. When he reaches So years c
age the guaranty contribution cease
and he pays to the end of life 81. q
This is the plan which will no dout
appeal to the young man, both With
and without the order, and there
no doubt but that of itself will be th
means of attracting the attention
the men who are not now members {
the order, as they will see at ono
upon Investigation, that this plan,
we'll as the classified plan, is base
upon scientific principles, and will
without doubt, assure the payment