Word: benefitted
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Dates: during 1970-1979
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...Eliminate so-called double indexing, which would eventually account for half of the system's projected deficit. This problem was the unintended result of a 1972 law that tied increases in benefits ?both those being paid now and those that will be paid hi the future?to inflation. Below the maximum benefit (currently $460 per month), the amount a worker will receive from Social Security when he retires increases as his salary rises. Since pay hikes partly reflect inflation, the measure thus inadvertently double-indexed future benefit levels for these workers?about 86% of the people covered by Social...
...workers for nonprofit organizations). The move would have increased the system's revenues by as much as $4 billion a year. It was opposed in particular by federal workers, who are already covered by a retirement program that pays them pensions up to four times Social Security's maximum benefit of $460 a month...
Most of the Bethlehem losses stemmed from $750 million in pretax charges caused by the company's moves to cut production capacity by 10%. Most important: a $483 million write-off to cover pension and benefit payments to 12,000 workers put out of jobs...
...Field, on this particular planet, on this particular page, Harvard will be playing McGill. That's a school in Canada. The McGillicuddies will be fully equipped for the match, wearing their favorite shoulder pads, hip pads, helmets and skates. And they'll be trying to score tries with the benefit of their sticks, which have just the right amount of black tape on them...
...Scalise seemed pleased with his team's efforts, magnanimously offering them free dinner at McDonald's after the game. To leave the reader with a more balanced impression of the man's generosity it must also be reported that Scalise couched his offer with reminders that his players might benefit from getting back to Dillon quickly and taking a hot shower to relieve their cold, tired bodies...