European Stars and Stripes (Newspaper) - November 10, 1994, Darmstadt, Hesse                                Thursday november 10, 1994 Money matters the stars and stripes Page 25 today s rates following Are fixed rates at which Community banking an credit Union facilities will sell for eign currencies to . Personnel for Persona fuse British Pound. 1.64dutch Guilder. 1.66 German Mark. 1.49 note the rates above apply within the Host country. Figures Are expressed in dollars to the British Pound other currencies to the Dollar following Are Interbank rate that fluctuate and should be regarded As the approximate value of the . Dollar to foreign Curren cies -. Austrian Schilling. 10.719 Bahrain Dinar. 0.377 belgian franc. .31.1 85 British Pound. 1.6067 Canadian Dollar. 1.3551 danish Krone. 5.965 dutch Guilder. 1.6953 French franc. 5.2445 German Mark. 1.526 greek drachma. 233.26 italian lira. 1,564.50 Kuwait Dinar. 0.2977 norwegian Krone. 6.648 portuguese escudo. 155.48 saudi rial. 3.7505 Spanish peseta. 126.70 Swiss franc. 1.2764 turkish lira. 36,480.00 note figures Are expressed to dollars to the British Pound other currencies to the Dollar Gold quote $384.35 Art ounce Silver quote $5.27 an  fed e a i i n Vest m ent p i a h guarantees by Mike Causey Washington Post Washington Federal workers looking for a super Safe place to Park their extra after tax investment dollars should Check out the Little known voluntary contributions plan next year it will pay a guaranteed 7 percent. The perk which has been described As the equivalent of a give moment Guaran teed certificate of Deposit is open to workers in the old civil service retire ment system. About half the work Force nearly everyone hired before 1984 is in the old pension plan. Some workers use the voluntary contributions plan and invest in the better known tax deferred Thrift savings plan. Voluntary contributions Are made by personal Check in after tax dollars. For that reason Only earnings on the pc plan Are tax deferred. Thrift savings plan contributions Are pretax dollars by regular payroll Deduc Tion. That Means All contributions from the employee plus any government match As Well As earnings on the Stock Bond or Treasury securities funds pretax deferred. The tsp is a better Deal since workers get a tax break and if they Are in the new Federal employees retirement system Matching contribution from the government. The tsp is open to nearly All Federal employees. The pc plan is available Only to those workers remaining in the old civil service retirement system. Reti Rees and no Federal workers Are ineligible to join either the tsp or the pc plans  under the pc plan eligible worker scan put up to 10 percent of their lifetime Federal pay into the plan and get a rate of return guaranteed by the government for a 12-month period. The Treasury department sets that rate late each year for the upcoming year this year the pc rate is 6.25 percent. Next year it will be 7 percent. Employees who invest in the pc pro Gram can do two things either use it to increase slightly their monthly pen Sions or treat it As if it were a certificate of Deposit withdrawing the entire amount when they Are close to retire-1 11 i1 my Mem m sources merchants National Bank & Trust co and the associated press new Yor Exchange new York a sales. 4 . Price and net change of the 15 most Active new York Stock Exchange issues trading nationally tuesday. Name Telem Naos. Gen motors. Molo Rolas team exams re Nab unum Compaq. At Cor Saralee. Int game censor St Home depot Ford motor s Merck a.  -. 1 american new York a sales volume Uit Cut. 4.721.200 52 a a 3,861,100 387/k it 2,870,700 57h 1v2,831,200 57 w 2,691,000 6 1/4 2,499,700 40v4 -6h 2.365,500 39h it 2.263.400 54h v4 2,146.100 25 i it 2.109,000 20v4 it 2,018.300 21v a 2.016.900 46% -fl1.877.000 cwt w 1,835.700 35v4. V 1.793.200 28 1 Exchange closing Price and net Chang of the 10 most Active american Stock Exchange issues trading nationally tuesday. Nan ". Pc Ltd. Atari. .".-Vlacomvrt. Nyties Lacomb. Olsten Ivan up. _. A Borsand sulcus per Capet Elumn vet aim us Kcf. 3.381.200 1v4 a 859.900 5 it 827,300 1 7/16 v815,400 24v4 h 753,100 37 a h427.800 32v4 h 421.000 17v4 unch 365.400 7v a 362,400 2v4 h 361.600 4v4 of v4 i Dow Jones i new York a of wages on tuesday high30 industrials 3857.65 20 transport 1503.0015 utilities 180.66 65 stocks 1290.77  fines dosing Range of aver Low con changt3795.75 330.74up21.87 1480.41 1491.82 off 0.24177.96 179.41 up 0.59 1270.66 1281.59 up 4.56 ment or whenever they need it. Interest earned on the voluntary contributions is tax deferred but the original investment amount is made in after tax dollars. In Terest on the pc plan earnings can be rolled Over into an individual retirement account or otherwise deferred fro taxes.".-. -. Unlike the tax deferred Thrift savings plan contributions to voluntary contributions can be made any time like a savings account by Check in increments of $25 or More. Money from theoc plan can be withdrawn Only once and it must be for the full amount. Workers cannot withdraw Money then later rejoin the pc program. Total contributions to the pc May not exceed 10 percent of the total Basic pay received by you during your Federal service. The 10 percent limit test applies at each Point of time that a Deposit is made and is not based upon a projection of lifetime earnings said the office of personnel management which runs the program. Contributions  employee has signed up and been approved Are made to pm via Check. A Lia Fli Baak. Fri of ssh \ was we a f t a a Al we "4 x ? r ? 5-s a rfcs Rbt la v "w4v by of ref Franr so if i sri % v  fac i w Isi a of ithiigsity�it7vt"? of top War Mik f vcvv5"1. S5 Vrr of in " to of a n � to or is v i a f to Tok. A Gas fumes a a Young Moscow service station attendant pumps Gas into a fuel soaring and tempers flaring in Gas lines across the Region. A rus can after filling the Motorist s tank amid a growing gasoline Short Sian official warned that the Price of Gas now about 63 cents a Gal age tuesday. A breakdown at a City refinery Plant sent prices Ion would Rise until it caught up with inflation  ,4 _  a locality pay raises for . Workers proposed Washington a Federal workers will get pay raises ranging from 2.64 percent to 4.27 percent next year under a formula recommended by the Feder Al salary Council. The Council proposed raises of 2.64 percent for workers in most areas but included differing adjust ments known As locality pay in several metropolitan areas across the nation. If approved by president Clinton the increases will begin in january. Federal workers were scheduled to get a 2 percent increase next year. The additional adjustments recommended by the Sal Ary Council Are part of a formula intended to keep fed eral employees wages close to those earned by civilian workers in similar jobs in their communities. " new York and los Angeles were not included in the recommendations because Federal workers in those areas will get the 2 percent increase plus an 8 percent geographic adjustment authorized in 1991. In addition six cities that had previously been listed for locality adjustments were recommended to be added to the rest of ." category receiving the 2.64 percent raised those Are Albuquerque . Mem Phis Tenn. Salt Lake City san Antonio Norfolk a. And Oklahoma City. Communities recommended for locality pay including the 2 percent general raise were Miami 4.27 percent san Diego 4.21 percent col Umbus Ohio 4.18 percent Houston 3.92 percent Seattle 3.87 percent Detroit 3.69 percent Santa bar Bara county calif., 3.63 percent Portland ore., 3.60 percent Sacramento calif., 3.54 percent Chicago 3.52percent new Orleans 3.50 percent Boston 3.44 per cent. Also Dallas 3.40 percent Dayton Ohio 3.39 per cent Philadelphia 3.25 percent Washington Balti More 3.21 percent St Louis 3.18 percent ,3.17 percent Cincinnati 3.08 percent Richmond va., 2.89 percent Cleveland 2.88 percent Indianapolis,2.88 percent Atlanta 2.78 percent Kansas City 2.65 percent Huntsville ala., 2.27 percent san Francisco 2.12 percent. \