The bookstore will be closed on Thursday evenings until September 5, 1985.

SS
LIBRARY OFFERS COMPUTERIZED INFORMATION RETRIEVAL
Do you need information in the field of education, health, business, science,
or a variety of other disciplines? The Library subscribes to both DIALOG and
BRS (Bibliographic Retrieval Service) on-line search services offering access
to over 200 databases of information.
A literature search results in a print-out of document citations (usually with
informative summaries), or the actual text of those documents - in a minimum
amount of time.

Normally the telecommunications and royalty costs are charged back to your
department, but along with our recent subscription to the BRS service we were
offered 8 hours of free on-1ine 'access to any of 80 databases including ERIC,
Resources in Vocational Education, Vocational Education Curriculum Materials,
Resources in Computer Education, and Medline.
Please notify the Library of your search requests (anything you've always
wanted to know) before September 5th. There will be no charge for computer
searches done on that day..

Contact Frieda Wiebe (Local 298) for any further information.

FW
HAIRDRESSING TALENTS
Have you noticed the Japanese flower arrangements in the Hairdressing
Department? .... they are designed and constructed by Marion Donn, one of
the Hairdressing instructors'.

HJ
OOPS AGAIN
The correct morning hours for the Business Education Word Processing Centre
are 09:30 to 10:30, Monday through Friday'..

IllNCOUl'ER

COMMUNITY
Vancouver
Vocational Institute

TIP SHEETS/NEWS RELEASES
The summer can be a relatively quiet period for newspapers, magazines and
radio. This gives us the opportunity for coverage that we might not get at
other times of the year. With many people at the college on vacation our
inside tips and bits of information have dried up to a large extent. Deborah
Dresser would be most interested in receiving your ideas or unusual feature
stories. Please contact her at Central Administration with any of your
submissions.

DD
NEW LIBRARY ACQUISITIONS
BOOKS
Foundations of Vocational Education
City of Vancouver. Listing of Potential Heritage Buildings.

•A/V MATERIALS
Legendary Voyages
Mediterranean - Adriatic - Wine Country
Mediterranean - Black Sea - Greek Islands - Holy Land

Take Ten for Safety

COLLEGE EMPLOYEE BENEFIT PLAN
The College Employee Benefit Plan is now in operation. Any employee on campus
who wishes to become a member or requires further information may contact my
office for either an application form or further information. Copies of the
Plan are also available in my office.

HWR
QUOTABLE QUOTES FROM COUNSELLING
As received or overheard in the Counselling Department ......
On an envelope sent in - " To: Mr. or Mrs. Councilor "

"Do you have an application for a Babysitting course?"
"Do your counsellors really counsel or are they like UBC counsellors
and just say you can do what you want?"
"I'm looking for ContEd"
"How much intuition does the cooking course cost?"
"What are the prerequiems for Electronics?"
"I want assessment tests for independent living'."

NOTICE

EMPLOYEE BENEFIT PLAN

With the formal execution of a Trust Agreement between the
College and Montreal Trust the Vancouver Community College
Employee Benefit Plan is now accepting applications for Plan
membersh ip.

What is the Employee Benefit Plan ?

The Employee Benefit Plan is a vehicle through which eligible
V.C.C. employees can defer a portion of their monthly income
for the purpose of supplementing their retirement income or to
finance a future sabbatical leave.
Who can become a member ?
All full-time permanent employees of V.C.C. are eligible to
.apply for plan membership through the "Plan Administration
Commi ttee."

Income Tax Implications
Amounts contributed to the Employee Benefit Plan are not taxable
until the amounts are paid out of the plan to the employee. As a
result the employee obtains a deferral of income tax on the amounts
contributed to the plan much the same as a registered pension plan
or registered retirement savings plan.
Some Employee Benefit Plan Features
1)The plan allows employees to defer the taxation on their employment
income to a future year. This is especially attractive for those
employees whose income is more than sufficient to meet the present
cash needs and who wish to "save" a portion of this income for future
years to supplement their retirement pension or to finance a sabb¬
atical leave.

2)There is no statutory restriction on the amounts that can be directed
to the plan and thereby deferred. Other deferred compensation arrange¬
ments such as registered retirement savings plans restrict the annual
amounts that an individual can contribute.
3)The plan has received an advance income tax ruling from Revenue
Canada thus ensuring its' acceptability provided the plan is
implemented before November 23, 1985.

EMPLOYEE BENEFIT PLAN
2.

4)The amounts contributed to the custodian of the plan, Montreal
Trust, will be invested with interest earnings accruing in the
name of the member/contri butor.

5)The Employee Benefit Plan is funded outside of Vancouver Community
College. As a result employees are assured that the funds are held
by an independent custodian.
6)P1 an members/contributors have the discretion to elect to receive
their payout from the plan in a predetermined number of instalments
or in a lump sum. This could also facilitate income tax planning
by spreading the taxation of the amounts over the retirement years
or throughout the period of a sabbatical leave.
7)You should be aware that Revenue Canada, Taxation takes the position
with respect to such plans that the plan cannot provi de for payments
to the contributor except under the fol1owing conditions:

ta

Retiremen t

tc

Voluntary or involuntary cessation of emp1oyment
For demonstrab1e financial need
For sabbitacal leave purposes

(b

(d

Ce

Death

Ful1 detai1s governing the plan are described in the "Plan Rules."
Copies are available from the office of your local Campus Principal
or the Personnel Department along with enrolment forms (.schedules).
Payroll deductions can be accomodated commencing in September 1985.
If you are i n teres ted in participating in the E . B . P . kindly obtain
the aforementioned forms and di rect any subsequent enquiries to the
unders i gned.

Di rector of Human Resources