Changing to meet the needs of fraternalists.
"Joining Hands To Touch Lives-Fraternalism for the Family and Our Nation"
VESTNIK SPJST Herald Official Publication of The Slavonic Benevolent Order of the State of Texas, Founded 1897 BROTHERHOOD
HUMANITY
BENEVOLENCE
Postmaster: Please Send Form 3579 to: SPJST Home Office, P. 0. Box 100, Temple, Texas 76503 ISSN-07458800 VOLUME 88 NUMBER 17
100 Pennies Scholarship Drive donations top 10K A total of 694 donations weremade to the 100 Pennies Schol- PENNIES arship Drive from SCBDLAP,ST-IIP FUND October through April. Donations totaled $10,314.74. Thank you for your generous donations to the SPJST 100 Pennies Scholarship Fund. Because of your continued generousity, many young SPJST members will be able to attend or continue with college. Year 2000 SPJST Scholarship recipients will be pictured in the Vestnik in the coming weeks.
100
DRIVE
29 29 88 25 25 4 84 24 24 107 79 66 66 92
2 Cervenka, Chad 2 Cervenka, Lacy 5 Cheyney, Agnes F. 3 Chisolm, Chrystal 3 Chisolm, Debra Ann 6 Chudej, Alton and Gayenell 3 Collins, Aaron and Barbara Reznik 2 Cooksey, Desi 2 Cooksey, J.R. 7 Dippel, Christa 7 Elzner, Mildred 3 Engelke, Bennie and Darlene 3 Engelke, John, Diana, and Justin 3 Everett, Carol (Continued on page three.
Lodge/Dist Contributor's Name
40
6 Adamcik, Merrill and Doris 40 6 Adamcik, Merrill and Doris 160 4 Allen, Dale and Mary Ann 5 Anders, Ernest 88 and Margie 7 Anderson, Ashley 107 7 Anderson, Kristy 107 1 Barak, Jo Anne 186 6 Bartek, Dolores 184 7 Bayer, Josh 107 7 Bayer, Kevin 107 7 Bayer, Zach 107 5 Becvar, Keith 88 5 Bender, E.J. 88 5 Bender, Jeanette 88 5 Bender, Karen 88 5 Bender, Kristen 88 5 Bender, Krystile 88 2 Beral, Tracy 29 5 Biddle, W.C. 88 7 Bienek, Enez H. 133 2 Bowen, Ruby 18 2 Bowen, Thomas 18 2 Bowen, Timothy 18 3 Brewer, Caleb Justin 25 3 Brewer, Joshua Paul 25 3 Brewer, Kevin 25 3 Brewer, Maegan 25 3 Brewer, Theresa 25 160 4 Bruno, Tommy 6 Bryson, Shirley J. 148
$12,000
Meeting in Temple last week, the SPJST Supreme Lodge voted to increase interest rates on SPJST annuities from 6 percent to 6.3 percent on the Annuity II program, Roth IRAs and immediate annuities and from 5 percent to 5.3 percent on the Annuity I program. The new rates become effective May 1. The Supreme Lodge also voted to increase the rates on Universal Life products from 7 percent to 7.25 percent, effective May 1. To illustrate how your money can grow in an SPJST annuity account, the illustration below tracks an initial
Slavonic Benevolent Order of the State of Texas (SPJST)
$10,000 $9,000
12 Scholarships
$8,000 0 Scholarships $7,000 $6,000
8 Scholarships
$5,000 6 Scholarships $4,000 $3,000
4 Scholarships
$2,000 2 Scholarships $1,000
Universal Life
Rates subject to change without notice
Roth IRA
Home or Farm Mortgages:
6.00% for Annualized*
7.00% for 1 to 7 years 7.50% for 8 to 15 years 7.75% for 16 to 20 years 8.00% for 21 to 30 years
Annuity II
payment of $10,000 at yearly intervals for a period of 25 years. Based on the rate of 6.3 percent which goes into effect on May 1, a $10,000 initial payment would be valued at $45,220 in 25 years. For the benefit of parents and grandparents who are purchasing an annuity for an infant, the illustration also shows the projected value of a $10,000 initial payment at an annualized rate of 6.25 perent interest after 65 years - $530,383! Members seeking a conservative alternative to volatile market conditions are encouraged to take a closer look at SPJST annuities and the steady rate of growth they can offer. For more information on purchasing an SPJST annuity, IRA or an illustration that addresses your special needs, please contact your local sales representative. -SPJST-
16 Scholarships
Certificate Illustration Explanation
14 Scholarships
7.00% for Annualized*
8.75% for 10 years 9.00% for 11 to 15 years
SPJST annuities offer respite from market volatility
$11,000
SPJST Mortgage Interest Rates
Qualified Business Real Estate Mortgages
Annuity rates to increase
April 26, 2000
Single Premium Deferred Annuity - Form SPJST-ANN•4 - A Single Premium Deferred Annuity
DesTned for. Male Male, Age 0
Initial First Year Deposit: $10,000 Guaranteed - 3.00% Withdrawal
1
Current - 6.30%
Accum Value
Cash Surr Value
Free Withdrawal
Accum Value
Cash Surr Value
Free Withdrawal
Yr
Age
Yearly Prem
Total Prem
1 2 3 4 5
0 1 2 3 4
10,000 0 0 0 0
10,000 10,000 10,000 10,000 10,000
10.209 10.515 10,830 11,155 11,490
9,288 9,660 10.048 10,450 10,567
1.000 1.021 1.051 1,083 1.116
10,436 11,094 11,792 12,535 13,325
9,492 10,189 10,938 11,740 12,601
1,000 1,044
6 7 8 9 10
5 6 7 8 9
0 0 0 0 0
10,000 10,000 10,000 10,000 10,000
11835 12,190 12.555 12,932 13,320
11,407 11.970 12,555 12,932 13,320
1.149 1,183
14,165 15,057 16,006 17,014 18,086
13,651 14,784 16,006 17,014 18.086
1.333 1.416
11 12 13 14 15
10 11 12 13 14
0 0 0 0 0
10.000 10.000 10,000 10,000 10,000
13,720 14,131 14,555 14,992 15,442
13,720 14,131 14,555 14,992 15.442
19.225 20.436 21,724 23.092 24.547
19.225 20.436 21.724 23.092 24.547
16 17 18 19 20
15 16 17 18 19
0 0 0 0 0
10,000 10,000 10,000 10,000 10,000
15,905 16,382 16,873 17,380 17,901
15,905 16.382 16,873 17,380 17,901
26.094 27.738 29,485 31.343 33,317
26.094 27,738 29,485 31,343 33.317
21 22 23 24 25
20 21 22 23 24
0 0 0 0 0
10,000 10,000 10.000 10,000 10,000
18,438 18,991 19,561 20,148 20,752
18.438 18.991 19,561 20,148 20,752
35,416 37,647 40,019 42.540 45,220
35,416 37,647 40.C19 42,540 45,220
61 62 63 64
60 61 62 63
0 0 0 0
10,000 10,000 10,000 10,000
60,145
60,145
65
64
0
-10.000
61,950 63,808 65,722 67,694
61,950 63,808 65.722 67,694
407880 433,577 460,892 489,928 520,794
407,880 433,577 460,892 489,928 520,794
66
65
0
10,000
68,294
68,294
530,383
530,383
1.109 1,179 1,254
Wrthdrawals. if any, are assumed to he made at the beginning of the calendar year. Accumulation and cash surrender values are as of the end Of the calendar year.
6.00% for Annualized* Certificates issued 4-1-93 and after
Annuity. I 5.00% for Annualized* Certificates issued prior to 4-1-93 *Rates effective 2-1-2000 through 4-30-2000
Members seeking a conservative alternative to volatile market conditions are encouraged to take a closer look at SPJST annuities. Rates on SPJST's Annuity I and Annuity ll programs are scheduled to increase, effective May 1. For more information on SPJST annuities, contact the your local lodge sales representative or the SPJST Home Office.