Section B·Page 6 The University Daily Kansan PLAY IT AGAIN SPORTS We Buy, Sell, Trade & Consign USED & New Sports Equipment Wednesday, April 12, 2000 841-PLAY 1029 Massachusetts RETIREMENT INSURANCE MUTUAL FUNDS TRUST SERVICES TUITION FINANCING Deferring taxes with TIAA-CREF can be so rewarding, you'll wonder why you didn't do it sooner. Call us for a free tax-savings calculator One of the fastest ways to build a retirement nest egg is through tax-deferred Supplemental Retirement Annuities (SRAs) from TIAA-CREF. With funds automatically deducted from your paycheck, you can easily build income to supplement your pension and Social Security. And your contributions to SRAs grow undiminished by taxes until you withdraw the funds. Add to that TIAA-CREF's solid investment performance, bolstered by our commitment to keeping expenses low, and you have more money working for you. So why wait? Let us help you build a comfortable retirement today with tax-deferred SRAs. We think you will find it rewarding in the years to come. IT'S EASY TO SAVE MORE THROUGH THE POWER OF TAX DEFERRAL INVEST AS LITTLE AS $25 a month through an automatic payroll plan² In this hypothetical example, setting aside $100 a month in a tax-deferred investment with an 8% return in a 28% tax bracket shows better growth than the same net amount put into a savings account.² 1 800 842 - 2776 World Ensuring the future for those who shape it. www.tiaa-cref.org Putin supports START II treaty Russians to debate nuclear defense plan The Associated Press MOSCOW — Russian lawmakers agreed yesterday to debate the long-delayed START II arms treaty this week, following a ratification push from President Vladimir Putin who is aiming for a landmark foreign policy move just weeks after being elected. Lawmakers across the political spectrum predicted swift ratification of the treaty that would cut the U.S. and Russian nuclear arsenal in half, to 3,000-3,500 warheads each. The debate is set for Friday. The treaty was ratified by the U.S. Senate in 1996, but it was repeatedly blocked by Communists and hardliners who dominated the State Duma, parliament's lower house. The Communists lost their domi- The treaty's supporters insist that many Russian strategic missiles were past their service lifetimes and would have to be scrapped soon anyway. of the national budget Russian and U.S. officials even have begun preliminary talks on a START III pact that would reduce warheads further. "Russia is effectively disarming itself in a unilateral way, so START II is about U.S. disarmment," said Dmitry Rogozin, the chief of the Duma's international affairs committee. nance in last December's elections. Failure to ratify the treaty has troubled U.S.-Russian relations for years. Ratification would bolster the authority of Putin, who was elected March 26, and likely strengthen Russia's hand in arms talks with Washington. Opponents argue that cutting the nuclear arsenal would sap Russia's security, as they view nuclear weapons as Russia's last claim at superpower status with the national economy in shambles and its conventional forces in steady decline. Putin conferred with Duma leaders in the Kremlin on Monday, trying to ensure a smooth ratification. The Duma appeared to be heading toward ratification in December 1998, but it postponed debate in response to U.S. and British airstrikes on Iraq. The same thing happened again in March 1999 when NATO launched its air war on Yugoslavia. "It's a symbolic step showing Putin's intention to improve relations with the West, a clear signal that he doesn't want confrontation," said analyst Yevgeny Volk, the head of the Heritage Foundation's Moscow office. But maintaining warheads at current levels is a huge drain on the government. Estimates last year placed the cost at about $3 billion a year — about 8 percent Germans elect woman to lead country The Associated Press ESSEN, Germany — A clean record during the party financing scandal and distance from former Chancellor Helmut Kohl was enough for an unpretentious pastor's daughter from former East Germany to snare the top job in Germany's main opposition party. But a two-day convention of the Christian Democrats that cheered Angela Merkel also exposed many weaknesses among the conservatives determined to reclaim power in 2002 — and the battle lines for internal clashes ahead. More than anything, Merkel's election Monday was a liberating move for a party that had staggered for months through a scandal about widespread illegal campaign donations accepted under Kohl. "After weeks of torture, it was the first positive experience," said Christian Democratic lawmaker Friedbert Pfleger. "It's remarkable that this happened so soon and that the party didn't fall apart." Despite her disarming smile, Merkel is considered a tough fighter. As the first woman and the first former East German to lead a major party, she also embodies the conservatives' desire to modernize and attract new voters — what Pfliuereg called a small cultural revolution. Kurt Bledenkopf, governor of Saxony and a senior party figure, detected a much more relaxed mood now that Kohl had virtually withdrawn from politics. "It's no longer about homage to someone who's at the center of everything," he said. Left unclear in Merkel's one-hour convention speech, however, was where she wanted to take a fractious party that was united behind a broadly conservative program by the force of Kohl's domineering personality for 25 years. Merkel, 45, took care to avoid strong stands as she presented herself to a party where some viewed her as a liberal on immigration and abortion. 1. Under fiducied tax withholding prior to age 59/12 are subject to restrictions, and may also be subject to a 10% additional tax. You may be able to invest up to the IRS maximum of $10,500 per year. To receive a personalized calculation of your minimum contribution, call TIAA-CREF at 1 800/276-7736. The chart above is presented for illustrative purposes only and reflects actual performance, or predict future results, of any TIAA-CREF account you own. TIAA-CREF accounts are offered by the TRAI Real Estate Account. Teachers, Teachers' Associates, and distributors of the variable component of the personal assets, mutual funds and tuition savings agreements, TIAA and TIAA-CREF Trust Company. F5B provides trust services. Investment products are not PNC Insurance, may have value, or are guaranteed. For more complete information on our securities products, including charges and expenses, call 1 800/276-2776, ext. 5090; for the prospectus, read below and invest or send money. O 2000 TIAA-CREF 1/100. "After weeks of torture, it was the first positive experience." Friedbert Pflueger Christian Democratic lawmaker Heading a party that claims to have invented postwar Germany's welfare state. Merkel also stuck to generalities on how to make the economy more competitive — a question that inevitably raised the specter of layoffs. She even pointedly defended its campaign against government plans to invite foreign computer programmers to fill a shortage in Germany. Yet outward signs of change already were inescapable. In a jarring contrast to the Kohl years, loudspeakers blared the Rolling Stones classic "Angle" as delegates left the convention hall heading home. The new Campu Get a Job or Internship today. Featuring: - Thousands of jobs and internships with companies worldwide. - Hiring companies contacting you directly - Online Student Visa Application for International Students - Profiles of companies that are active college recruiters - Daily world, employment and business news - Tips on resumes, interviews, networking, working abroad and much more! 6 .