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The FUNDamental
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May Milestones
Congratulations to BFO Team Members celebrating anniversaries & personal milestones!
 
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Happy Birthday

Adina D. COMMS & 401k • Kristina W. PEN • Lavonia P. PEN • Anne F. OS • Mark P. LGL •

Nailah G. PEN • Natasha S. BTF • Nicole T. ACCT • Tonya B. BTF • Trung L. IT •

Zephenia C. PEN

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Happy Anniversary

Brandon G. PEN • Brittany P. EDU •

Elo R. EDU • Jennifer R. PEN •

Kneiss J. PEN • Logan J. HR •

Toiya L. ACCT • Zephenia C. PEN

 

Jordan B. OS

Lashawn Y. PEN • Raven M. PEN

 

 

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Welcome to the BFO

India M. BTF • Natasha S. BTF • Glenn A. CS

Compliance Mailings

The 2022 Annual Funding Notice was mailed to NPF participants

and other interested parties on April 28th. A revised 2022

Annual Funding Notice is available at https://www.

iamnpf.org/about-plan/important-mailings.

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Kudos to our

Pensions Department

“You have saved my life. [With] my earned S.S. and your small pension,

I have been able to live a fairly good life after retirement. I’m 70 years old and in fairly good

health because of people like you. Thank you all at IAM. I Love You All.”

Danny

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Celebrate your colleagues in a future edition of THE FUNDAMENTAL by sharing how they’ve exemplified “Gold Standard” service.

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STRENGTHENING YOUR FINANCIAL FITNESS

Once you’ve reduced unnecessary debt and created a workable spending plan that frees up money, you’re ready to begin saving toward retirement. You may do this through a company retirement plan or on your own.

 

First, however, let’s look at a few of the places where you might put your money for retirement. Savings accounts, money market mutual funds, certificates of deposit, and U.S. Treasury bills are sometimes referred to as cash or cash equivalents because you can get to them quickly and there’s little risk of losing the money you put in.

With domestic bonds, you loan money to a U.S. company or a government body in return for its promise to pay back what you loaned, with interest. Whereas with domestic stocks, you own part of a U.S. company. Instead of investing directly in stocks, bonds, or real estate, for example, you can use mutual funds which pool your money with money of other shareholders and invest it for you. A stock mutual fund, for example, would invest in stocks on behalf of all the fund’s shareholders. This makes it easier to invest and to diversify your money.

Read More

Happy Mother's Day!

Celebrate the mothers and mother figures in your life

on Mother’s Day this Sunday, May 13th.

Diversity & Inclusivity

Heritage Months

 
Asian American & Pacific Islander Heritage Month

May is Asian/Pacific American Heritage Month – a celebration of Asians and Pacific Islanders in the United States. A rather broad term, Asian/Pacific encompasses all of the Asian continent and the Pacific islands of Melanesia (New Guinea, New Caledonia, Vanuatu, Fiji and the Solomon Islands), Micronesia (Marianas, Guam, Wake Island, Palau, Marshall Islands, Kiribati, Nauru and the Federated States of Micronesia) and Polynesia (New Zealand, Hawaiian Islands, Rotuma, Midway Islands, Samoa, American Samoa, Tonga, Tuvalu, Cook Islands, French Polynesia and Easter Island).

 

The month of May was chosen to commemorate the immigration of the first Japanese to the United States on May 7, 1843, and to mark

the anniversary of the completion of the transcontinental railroad on May 10, 1869. The majority of the workers who laid the tracks were Chinese immigrants.

 

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To learn more about AAPI heritage and find event information, click here.

Jewish American Heritage Month
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During May 2023, hundreds of organizations and Americans of all backgrounds are joining together to discover, explore, and celebrate the vibrant and varied American Jewish experience from the dawn of our nation to the present day.

 

More Info

Holiday Closure

In honor of Memorial Day, the Benefits Funds Office will be closed Monday, May 29th.

Local events in the area
 
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Ways to Celebrate AAPI Heritage

Learn about Hawaiian Voyaging and Dance on Sunday, May 14th from 10AM – 5:30PM at the American Indian Museum. This event will showcase basic knot-tying techniques used in the construction, operation, and care of a canoe, as well as, performances by Hawaiian dance group Hālau Pua Ali‘i ‘Ilima (the Royal ‘Ilima Blossom).

 

Have you seen the work of Yayoi Kusama yet? Well don’t wait too long because her exhibit, One with Eternity, is set to end by July at the Hirshhorn Museum! Free next-day passes are released daily on the museum’s website via Etix starting at noon.

 

Visit the largest FREE Pan-Asian Festival in the DMV at Fiesta Asia Street Fair! Saturday, May 20th along Pennsylvania Ave expect to see over 1000 performers, artisans, entrepreneurs, food vendors and organizations on multiple stages representing more than 20 cultures.

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JAHM Events 

in the DMV

On Tuesday, May 16th in the Library of Congress’s Pickford Theater will be a special film screening of “Jews of the Wild West” from 6:30PM – 9PM. Through on-camera interviews, archival footage and photographs, the film preserves this dynamic chapter of Jewish history and the contributions made to shaping the United States.

 

The United States Holocaust Memorial Museum presents Peter Stein as part of its 

First Person Series: Conversations with Holocaust Survivors. Tune in on Wednesday, May 24th during lunch from 1PM – 2PM and learn how Peter managed to survive WWII with his mother, who was Catholic, and what happened to his father and other Jewish relatives.

 

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Get Up and 

Get Out

Adams Morgan is holding its first-ever Spring PorchFest on Saturday, May 20th from 2PM – 6PM! With over 70+ bands, this Spring edition will showcase some of DC’s best musical talent featuring nearly every musical genre, including classic rock, funk, go-go, rap, reggae, blue grass, classical, and pop.

 

Sunday, May 28th at 8PM, the Marine Band will once again celebrate Memorial Day weekend with its annual Summer Blast Off! concert at Wolf Trap National Park for the Performing Arts. It will include a mix of patriotic favorites, popular movie soundtracks, Sousa marches, and Broadway show tunes.

 

The 2nd Annual Planet Bethesda returns Sunday, June 4th from 12PM – 6PM in beautiful Elm Street Park. It will be held in conjunction with World Environment Day and a National Alternative Dairy Challenge celebration, plant-based pie eating contest, live entertainment by DJ Soul, an interactive Kid’s Korner and much more!

 

Washington Nationals Home Games: Please be mindful of increased vehicle and pedestrian traffic during home games scheduled: May 15th, May 19th, May 23rd-25th, June 2nd and June 6th-8th. On June 2nd don’t miss Fireworks Friday or be sure to catch the 18th Annual Night OUT celebrating the LGBTQ+ community on Tuesday, June 6th.

Tourette Syndrome

Awareness Month

Tourette Syndrome Awareness Month is observed every year from 

May 15th to June 15th. The movement strives to raise awareness of the condition and to share triumphs to inspire the 

Tourette's community and beyond.

Show and Tell

Have you attended a local event or one of the events that have been featured in THE FUNDAMENTAL? Share your pictures and experiences for a chance to be featured in a future edition of THE FUNDAMENTAL.

Your Feedback Matters

The Communications Department needs your feedback and input to make THE FUNDAMENTAL a trusted source filled with information you need and want. Share your thoughts and recommendations for future editions by emailing communications@iamnpf.org.

If you wish to be excluded from the “Milestones” section of THE FUNDAMENTAL, please email us at:

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IAMBFO 99 M Street, SE, Suite 600, Washington, DC 20003
May 2023 Edition