Masonry Magazine September 1963 Page. 22
Champion's TAK-A-BOUT "JR." MASONRY SAW
Use it inside a boiler... on a scaffold... on your truck.
* 1, 1½ or 2 H.P. totally enclosed, dual voltage, fan cooled motor
* Push button starter
* No head height adjustment necessary
* Wet or dry cutting models
* Use diamond or abrasive blades
* -14" blade capacity
FREE ON-THE-JOB DEMONSTRATION
Have you heard about the all new all metal.
SCR Corner Pole
FOR VENEER OR SOLID BEARING MASONRY
Each pole is complete in itself and can be used at an outside corner, inside corner, or intermediate position by merely adjusting the fittings. Needs no added parts which become mislaid or lost.
STURDY-RUGGED-PRACTICALLY INDESTRUCTIBLE
Galvanized steel pole with cast aluminum/magnesium fittings
ADJUSTABLE BRICK & INCH-MODULAR & INCH RULE for course changing at sills and heads
FAST AND EASY TO ERECT AND ALIGN
2 min. veneer-5-6 min. solid masonry-one mon
TOP AND BOTTOM FITTINGS CALIBRATED
To overhang or indent masonry-fittings can be pre set
At a realistic price you can afford and recover in a few weeks by the additional work accomplished.
A SET OF 4 POLES 159.00
A FULL SET OF 6 POLES 229.50
COMPLETE WITH ALL FITTINGS AND COMPONENTS
CHOICE TERRITORIES AVAILABLE TO DEALERS
DISTRIBUTORS YOUR INQUIRY IS INVITED
CONTRACTORS: Write for free booklet on new developments in the "SCR Masonry Process", brochure and further information.
Developed by the Structural Clay Products Research Foundation of Geneva, III, after nine years of corner pole experience.
MASONRY SPECIALTY CO.
172 WESTBROOK RD. NEW KENSINGTON, PA. PH. 335-9831
Benefit Plans
(Continued from page 21)
The advantage of accepting help from the first listed is that insurance company fees, commissions, rides, and other payments may be used to reduce or eliminate consulting charges. Insurance company practices differ between companies as to the level of commissions or other payments involved; however, trustees should be sure that if commissions or other payments from an insurance company are involved, total compensation including commissions or other payments from the insurance company, is reasonable and directly related to the amount of work performed in behalf of the fund.
The independent consultant works only for the trust and therefore must accept no commissions but only fees directly from the trust fund. Relying on help from those who are paid through commission may result in excessive payments for services performed, in a predetermination of benefits, in confusion resulting from different insurance companies' representatives competing to sell insurance, in modeling specifications to meet insurance company contracts, and in the elimination of some alternatives that might appropriately be considered. The truly independent consultant helps the trustees in all decision areas including insurance and has no motivation to guide the trust toward particular decisions other than those in the best interests of the fund.
In selecting a source for guidance it is suggested a firm be sought that can help trustees in all areas of their responsibility.
Some Final Observations
Trustees assume responsibilities of the highest order, responsibilities to those who established the plan (contributing employers and the union), and responsibilities to the participants and their dependents, who will receive the benefits of the plan.
These responsibilities are in areas that probably are new to the trustees insurance, actuarial science, business, accounting machines, communication programs, and the like. The job is not easy.
This obligation will not be fulfilled adequately without a considerable sacrifice of time and effort. The fact that so many of these plans are operating successfully is a tribute to the many in the ranks of management and labor who are willing to perform this important service.
We hope that this summary will be of assistance and guidance in fulfilling these responsibilities. In the next issue of Masonry we shall discuss pension plans.
MODERN SCAFFOLDING METHODS for the MASON CONTRACT
THE PATENT SCAFFOLDING CO..
38-21 12th St. Long Island City
Branches in all Principal Cities
MASONRY September,