Powers retires from Hatboro Federal Savings Board of Directors

HAT FED PR

 

E. Robert Powers recently retired from the Hatboro Federal Savings Board of Directors where he has served as a director since 1977. He was honored at a board of directors meeting on January 24th.

“Bob Powers has served on the Hatboro Federal board for 36 years. His dedication and strong leadership have helped us improve and strengthen the communities we serve,” says Joseph Tryon, president and CEO. “Bob’s skills and business acumen have contributed to our steady growth making us one of the strongest and most successful community banks in the nation.”

Bob is a graduate of Abington High School and Carnegie Mellon University, has lived in the greater Hatboro area since 1955. He was president of the family-owned Powers Equipment Co., Inc., in Warminster. He served as an engineer in the US Navy, and the Ordinance Branch of the US Army.

He has been a volunteer with Habitat for Humanity, currently works with Meals on Wheels, and is an active member of the Sanctuary United Methodist Church.

Bob is a current member and former president of the Hatboro Rotary.

PHOTO CAP: Standing from left, Douglas Thomas, Esq., John Zygmont, Thomas Harbaugh, Robert Johnston, and Peter Clayton; seated, Sidney Gamburg, E. Robert Powers, Frank Jarrett, and Hatboro Federal President/CEO Joseph J. Tryon, Jr.

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Farewell Celebration for Dr. Linksz

Bucks County Community College President, Dr. James J. Linksz retired in September and the BCCC Foundation honored him with a special night with many guest speakers and awards. The proceeds of the event were donated to the Dr. James J. Linksz Presidential Scholarship Endowment. Dr. Linksz served from 1992 to 2012.

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A Woman’s Place executive director, Donna J. Byrne, to retire

Donna J. Byrne, executive director of A Woman’s Place (AWP), announced her retirement recently.

Donna joined the staff of AWP in 2000 and became the executive director in 2005. Her last day will be September 30th.

Donna has worked in the anti-domestic violence movement for the past 28 years. She began her career at the Women’s Center of Montgomery County as a volunteer in 1984 and has held senior management positions at the local level in Bucks and Montgomery Counties and at the national level with the Pennsylvania Coalition Against Domestic Violence and the National Resource Center.

“When I took the training to become a volunteer, it was a point in time that changed the entire course of my life,” says Donna. “I learned about the Power and Control Wheel and suddenly things ‘clicked’ into place. I knew that I had found my life’s work, and I never looked back.”

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Doylestown Hospital President and CEO Richard Reif announces retirement

Richard Reif

 

The Doylestown Hospital Board of Directors recently announced that Doylestown Hospital President and CEO Richard A. Reif plans to retire by the end of the year after more than 23 years in the post.

According to Carolyn Della-Rodolfa, chairman, the board accepted Reif’s resignation “with heartfelt appreciation of his leadership and warmest wishes for his future. We will miss him dearly, but his legacy continues in an organization that remains focused on his drive to improve quality and provide access and value to all who seek healthcare in our community.”

Richard is a “visionary” whose tenure has had a tremendous impact on Doylestown Hospital and the community it serves, Mrs. Della-Rodolfa said.

The hospital was transformed under his leadership, beginning with the addition of the Main Wing early in his career to the openings of a Moss Rehab inpatient facility on June 27th and an outpatient wound care center on July 2nd of this year.

In between, the hospital added a new Emergency Department and private rooms, acquired the Pine Run Community, built the Health & Wellness Center and greatly expanded cardiovascular and oncology services.

Richard helped connect the hospital family and the community throughout his career. He was a founder of one of the oldest physician-hospital organizations in the country – the Bucks County Physician Hospital Alliance.

He was a positive force behind the creation of the Bucks County Health Improvement Partnership, CB Cares and the Ann Silverman Community Health Clinic.

Richard joined Doylestown Hospital on June 1st, 1989 as president and CEO. Prior to that, he served as President and Chief Executive Officer (1987-1989) and Executive Vice President and Chief Operating Officer (1984-1986) of Union Memorial Hospital in Baltimore.

He also served as an Executive Vice President for Jeanes Hospital in Philadelphia from 1978-1984, as well as the Associate Director of Friends Hospital in Philadelphia and Assistant Director of South Nassau Communities Hospital, Oceanside, N.Y.

Richard attended the University of Maryland on an academic scholarship, graduating with a Bachelor of Science degree in zoology in 1968. He received his Master of Hospital Administration degree in 1971 from the Medical College of Virginia, graduating first in his class. 

The Doylestown Hospital Board has retained a healthcare leadership organization to assist its Leadership Advisory Transition Committee in succession planning.

PHOTO CAP: Richard A. Reif

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Where do I begin to start planning for retirement?

submitted by Rosemary G. Caligiuri, CASL™, President, Harvest Group Financial Services

Although most of us recognize the importance of sound retirement planning, few of us embrace the nitty-gritty work involved. With thousands of investment possibilities, complex rules governing retirement plans, and so on, most people don’t even know where to begin.

Here are some suggestions to help you get started.

First, set lifestyle goals for your retirement. At what age do you see yourself retiring, and what would you like to do during retirement? If you hope to retire at age 50 and travel extensively, you’ll require more planning than other people.

You’ll also need to account for basic living expenses, from food to utilities to transportation. Most of these expenses don’t disappear when you retire. And don’t forget that you may still be paying off your mortgage or funding a child’s education well into retirement.

Finally, be realistic about how many years of retirement you’ll have to fund. With people living longer, your retirement could span 30 years or more. The longer your retirement, the more money you’ll need.

Next, project your annual retirement income and see if that income will be enough to meet your expenses.

Identify the sources of income you’ll have during retirement, and the yearly amount you can expect to receive from each source. Common sources of retirement income include Social Security benefits, pension payments, distributions from retirement plans (e.g., IRAs and 401(k)s), and dividends and interest from investments.

If you find that your retirement income will probably meet or exceed your retirement expenses, you’re in good shape. If not, you need to take steps to bridge the gap. Consider delaying retirement, saving more money, or taking more investment risk.

This is just a starting point. The further you are from retirement, the harder it is to project your future income and expenses.

If you’re ready for more detailed planning, consult a financial professional.

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Young workers, spring into action!

submitted by Joseph J. Olenski, Social Security District Manager, Fairless Hills

If you’re a young worker, retirement probably seems like a lifetime away. In fact, you may wonder if your contributions to Social Security, deducted from your paycheck, actually cover you for anything right now. The answer is yes, they do. And the time to learn about Social Security and what it can do for you is now.

By working in a job covered by Social Security, you are earning disability and survivor insurance protection. For example, a worker under age 24 paying Social Security taxes for as little as one and a half years may be insured for disability and survivors benefits.

If you’re like most workers, you probably don’t have private long-term disability insurance. But you do have disability protection through Social Security, which provides coverage to you and your family if you become disabled. About one in four of today’s 20-year-olds will become disabled before reaching age 67 – so it could happen to you. The average disability benefit paid in 2012 to a worker with a spouse and two children is $1,892 a month.

Social Security also provides valuable survivors benefits. It is a sad truth that about one in eight young Americans can expect to die before reaching age 67. Social Security’s survivors insurance pays an average monthly benefit in 2012 of $2,543 for a spouse and two children of a young worker with average wages who dies.

Social Security provides you and your family with protection now. But it’s good to think ahead to retirement, too. Young workers, spring into action and learn more about your own retirement!

A good way to start is by checking out the Retirement Estimator at www.socialsecurity.gov/estimator. Using this online tool, you can get an instant, personalized estimate of your own future benefits. That will be a big help in deciding how much you need to save for a comfortable retirement.

For more information on how Social Security protects younger and older workers alike, visit our website at www.socialsecurity.gov.

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Friends Home & Village: Two sites, one philosophy

Small by design and remarkably priced, the unique settings of Friends Home & Village’ two retirement communities are guided by the mission to provide moderately priced, small community retirement living in a caring environment for those over 62 years of age.

Although the majority of their accommodations are for active older adults, Friends Home, a beautiful historic Victorian home on two and a half acres in the heart of Newtown Borough, also offers 21 private rooms licensed for personal care services. Friends Village, nestled within a residential community in Newtown Township, is home for two fully working gardens situated on seven and a half acres of the old Styer farmland.

Independent residences range from private rooms with meals to extra-large two bedroom cottages, which offer efficiency kitchens.

Their monthly rates include a la carte services, including flexible meal plan, housekeeping, maintenance, 24-hour on-site staff, utilities, transportation, grounds maintenance, an emergency alert system and laundry facilities.

Visit their website at www.friendshomeandvillage.org. Call Friends Home at 215-968-3346 or Friends Village at 215-968-9222 for more information and to set up a personal tour.

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Where do I begin to plan for retirement?

submitted by Rosemary G. Caligiuri, CASL™, President, Harvest Group Financial Services

Although most of us recognize the importance of sound retirement planning, few of us embrace the nitty-gritty work involved. With thousands of investment possibilities, complex rules governing retirement plans, and so on, most people don’t even know where to begin. Here are some suggestions to help you get started.

First, set lifestyle goals for your retirement. At what age do you see yourself retiring, and what would you like to do during retirement? If you hope to retire at age 50 and travel extensively, you’ll require more planning than other people.

You’ll also need to account for basic living expenses, from food to utilities to transportation. Most of these expenses don’t disappear when you retire. And don’t forget that you may still be paying off your mortgage or funding a child’s education well into retirement.

Finally, be realistic about how many years of retirement you’ll have to fund. With people living longer, your retirement could span 30 years or more. The longer your retirement, the more money you’ll need.

Next, project your annual retirement income and see if that income will be enough to meet your expenses. Identify the sources of income you’ll have during retirement, and the yearly amount you can expect to receive from each source. Common sources of retirement income include Social Security benefits, pension payments, distributions from retirement plans (e.g., IRAs and 401(k)s), and dividends and interest from investments.

If you find that your retirement income will probably meet or exceed your retirement expenses, you’re in good shape. If not, you need to take steps to bridge the gap. Consider delaying retirement, saving more money, or taking more investment risk.

This is just a starting point. The further you are from retirement, the harder it is to project your future income and expenses. If you’re ready for more detailed planning, consult a financial professional.

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COMMUNITY GUIDEBOOK PROFILE: PA Association of School Retirees

Are you a former Pennsylvania public school employee? Would you like to renew the service-oriented spirit that led you to a career in the public schools? If your answers are “yes,” then you can make a difference as a member of the Bucks County Chapter of PASR.

It is a part of a non-profit statewide organization composed of retirees who served in our public schools. Members were teachers, administrators, and support staff who spent their careers in service to children, their families, and communities. The organization provides many services to members and their community as well as serving as a watchdog over legislators and the pension fund. Visit the website at www.pasr.org or call Larry Auerweck at 215-579-5874 for information on membership.

One way PASR makes a difference is by awarding two $1500 scholarships each year to students from Bucks County who are majoring in education. PASR also awards grants to teachers and aides who request funds for innovative classroom programs. Members support these scholarships and grants with personal donations. They also gather a few times a year at local restaurants that donate a percentage of their spending to the scholarship fund.

Klothes 4 Kids is a community service program designed to make a difference for Bucks County children who are in need. At the end of the summer, identified children are given backpacks, clothing, school supplies, and words of encouragement from many generous donors. This program has been growing for the last seven years. Last summer many happy volunteer members made deliveries to 173 happy students.

Their military support project is the Philadelphia Veterans Comfort House, which provides services for our veterans while they undergo treatment at the local VA hospital. It also serves as a shelter for homeless veterans. The Bucks County Chapter delivered numerous items of need to Comfort House and made a generous donation.

Their Social Service/Memorial Fund reaches out to Bucks County members who are permanently or temporarily homebound. Many live in assisted-living facilities. They receive phone calls, visits, and homemade goods a few times during the year. The Bucks County Chapter also helps members who are in financial need. Every two years at the Spring Luncheon they honor members who have reached the age of 90.

Each September they celebrate retirement with a picnic at Core Creek Park. This year’s date is Wednesday, September 5th.

The chapter welcomes guests to their two annual General Membership Luncheon Meetings, scheduled for Thursday, May 3rd, and Thursday, October 4th, at Spring Mill Manor in Ivyland. If you would like to join them, call Judy Guise , chapter president, at 215-536-5196. Come and see how you can help make a difference. You will find the company welcoming and the programs informative and stimulating.

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No need to hang up the cape

submitted by Joseph J. Olenski, Social Security District Manager, Fairless Hills

Some of the strongest and most youthful superheroes to jump from the pages of comic books to the silver screen in recent years are old enough to be receiving full Social Security retirement benefits. Whether standing before the Bat-computer or going online at the Fortress of Solitude, these guys were certainly wise enough to apply for retirement benefits at www.socialsecurity.gov.

Superman may be America’s most popular superhero, and also the oldest to hit the screen in recent years. The Man of Steel was created in 1932. The guy is 79-years-old and he has a new movie coming out in 2012. Superman does mostly volunteer work, but even if he earns wages as Clark Kent, his benefits won’t be offset since he reached his full retirement age.

Batman made his debut in 1939, and he’s about to star in another feature film, running around like a 30-year-old. Also in his 70’s, Mr. Wayne is getting full retirement benefits – and Robin too. The same can’t be said for the Joker or Penguin; you can’t collect benefits while you’re in prison.

The Green Lantern and Captain America made their silver screen debuts this year. They were “born” in 1940 and 1941, and also are of retirement age. One would expect Captain America to look a little more like Uncle Sam these days, but as is true with many Social Security retirees today, staying active keeps him young.

For the “silver age” of comic book heroes, retirement isn’t quite here yet. Spider-Man slung his first web in 1962, the same year the incredible Hulk burst into being. Iron Man and the X-Men first appeared in 1963. They may not be ready to retire just yet, but it’s a good time for them to take a look at the online Retirement Estimator, where they can get an instant, personalized estimate of future retirement benefits. Come to think of it, if the Hulk or any of the X-Men ever get severely injured, they may qualify for disability benefits through Social Security. The place to go for more information is www.socialsecurity.gov.

Ask any of these superheroes about retirement plans, and you’re likely to get an earful. They won’t be sitting around – they’ll be staying active even as they collect retirement benefits. You don’t have to have a Bat-computer or be a superhero to harness the power of the Retirement Estimator at www.socialsecurity.gov/estimator, or to apply online for benefits at www.socialsecurity.gov.

Up, up, and away into an active retirement!

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