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The National Association of Prudential Retirees and Vested Terminators

 

Last update:

02/14/2003

 

FAQ

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NAPRI Frequently Asked Questions

 

Is NAPRI a qualified tax-exempt organization, and are donations to NAPRI deductible as charitable donations?
Is NAPRI interested in donations other than cash?
Are any NAPRI Executives and Officers paid a salary out of dues receipts and donations?
Who is eligible, to join NAPRI?
What do I have to do, to join NAPRI?
What is the significance of the different levels of NAPRI membership?
Do I have to be computer literate to join NAPRI?
What must I do to reach other NAPRI members?
What do I have to do to contribute ideas, and to participate in NAPRI discussions?
What do I have to do, to volunteer to help NAPRI in some capacity?
Why should I join NAPRI, when there are other retiree organizations such as AARP?
Why should I join NAPRI, when there are regional retiree organizations such as the PERA groups?
Why are NAPRI dues so much higher than the dues for most or all of the PERA groups?

 

If your question is not listed above, please contact any of our officers.

 

 

 

 

Q: Is NAPRI a qualified tax-exempt organization, and are donations to NAPRI deductible as charitable donations?
A: The answer is “Yes” on both counts. NAPRI has received IRS approval as a 501© (3) tax-exempt entity.


 

Q: Is NAPRI interested in donations other than cash?
A: The answer is “Yes”. Like many other non-profit organizations that intend to serve their members long-term, NAPRI will welcome any donation that can be readily converted to cash through auction or other means, including silent auctions to members. NAPRI is also very interested in any available grants, endowments, and remembrance in wills. We would like to be able to fund our activism in support of retiree benefits through long-term support mechanisms, as opposed to relying solely on recurring member dues payments.


 

Q: Are any NAPRI Executives and Officers paid a salary out of dues receipts and donations?
A: The answer is “No”. There is only one paid employee in NAPRI. She is the Executive Secretary who manages and administers NAPRI membership. The Secretary’s work is performed on a part-time basis for a nominal hourly rate, to handle the periodically heavy and intrusive workload of new memberships, renewals, and special mailings. All work performed by NAPRI officers and Directors is done on a volunteer basis.


 

Q: Who is eligible, to join NAPRI?
A: As noted in the Home Page welcome text, NAPRI membership is open to Prudential retirees, active employees, and “Vested Terminators”. Your current employer, employment status, or retirement status does not matter, if you are or were vested in the Prudential Retirement Plan.


 

Q: What do I have to do, to join NAPRI?
A: Simply fill out the membership form (by clicking here), select the desired level of membership (standard, Charter, Charter Silver, or Charter Gold), and mail it as shown on the form, along with a check for your dues.


 

Q: What is the significance of the different levels of NAPRI membership?
A: The multiple levels of NAPRI membership (Standard, Charter, Charter Silver, or Charter Gold) originally reflected the financial commitment of those who formed NAPRI. Now the organization has stabilized, with a larger (and growing) membership base. The multiple membership levels now provide a convenient means, for those who are able, to provide an increased level of financial support for NAPRI. The Charter level represents payment of the annual dues amount, plus a generous tax-deductible donation to further support the organization for the year. The Charter Silver level provides advance dues payment for ten years. The Charter Gold level provides Lifetime Membership. At some point in time the membership levels may also provide historical data, to help recognize all those who have been able to provide “above and beyond” financial and other support, in NAPRI’s quest to attract members and make possible even larger efforts to protect our retiree benefits.

 

 

Q: Do I have to be computer literate to join NAPRI?
A: Absolutely not. We have many members who rely on written communications and phone contact. Having said that, we strongly encourage the use of computer access. NAPRI’s website is designed to quickly make available a large variety of information that offers many benefits to its members. Use of the website to share information costs far less than mass mailings to members. It also enables NAPRI to reach current and prospective members country-wide, even world-wide, with immediate information. The website is also the primary means of attracting new members to NAPRI, as mass mailings to all former employees would be cost-prohibitive, even if NAPRI had access to the mailing information (we do not, for privacy reasons). Computer usage has the potential to dramatically improve the quality of life for most retirees (low-cost communications with friends and family, health care and drug knowledge, at-home shopping, fraud education and avoidance, immediate access to weather and financial information, etc.).


 

Q: What must I do to reach other NAPRI members?
A: Please visit and register in the Guest Book. Then visit and register in the Bulletin Board. Between these two features, you should be able to locate and reach any NAPRI member who wishes to share their contact information. Many of our members can also help members locate other former coworkers, who are not yet members themselves.


 

Q: What do I have to do to contribute ideas, and to participate in NAPRI discussions?
A: Please visit the Bulletin Board, and register to participate in any of the many forums and topic threads within each form. Some of the forums provide the means for making suggestions and for obtaining extra help with membership problems.


 

Q: What do I have to do, to volunteer to help NAPRI in some capacity?
A: We can always use help in many capacities, especially service as a club Officer. Please contact the nearest NAPRI officer (see the NAPRI Officers page), or the NAPRI President, to discuss possible opportunities.


 

Q: Why should I join NAPRI, when there are other retiree organizations such as AARP?
A: NAPRI is primarily focused on the welfare of Prudential retirees, and related aspects such as Prudential’s financial status and provisioning for retiree benefits. A large membership count in NAPRI also helps NAPRI lend political clout when we affiliate with other national retiree organizations such as GE retirees, IBM retirees, etc. Organizations focused on specific companies can affect retiree policy in those companies, as well as achieving broader objectives for all retirees.


 

Q: Why should I join NAPRI, when there are regional retiree organizations such as the PERA groups?
A: The regional PERA groups are very enjoyable, and provide social outlets for the Prudential retirees within reach of their gatherings. A great many Prudential retirees do not believe that they have access to a PERA group, or are unaware of them. The regional and social focus of the PERA groups is very different from that of NAPRI. In most cases, NAPRI membership is complementary to PERA membership, not an exclusive alternative to it. Most or all of the PERA groups have actively publicized the benefits of NAPRI membership within their own membership group.


 

Q: Why are NAPRI dues so much higher than the dues for most or all of the PERA groups?
A: At least up through 2003, the PERA groups have been granted a support budget from Prudential. This budget is intended to cover the free retiree lunches for the attending members, and to cover mailing expenses for the PERA Newsletters. NAPRI (understandably) does not receive funding like this from Prudential. All expenses for NAPRI communications (website, mailings) have to be paid from membership dues. NAPRI also needs funding to pursue support for state and national legislation favorable to Prudential retirees. One small example might be providing materials and publicity for a retiree write-in campaign, similar to the one that helped secure Prudential’s recent Demutualization-related payout to both retirees and employees.

 

 

 

 

 

 

 

 

 

 

 

 

 

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