Word: cent
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...University is by no means generous with its pension system. The University's plan is based on credited service and a final average base wage rate taking into account the worker's social security benefits. A worker who retires after 25 years of continuous service will receive 60 per cent of his "high-five pay" (the highest average of the worker's base wage rate during five consecutive years in the final ten years of service) minus 80 per cent of his social security income. The theory behind this "integrated" plan is that an employee should not receive in retirement...
...into consideration is the continuing high level of inflation. Dianne Bennett, former attorney advisor with the office of tax legislative counsel at the Treasury Department, suggests that this is the main argument against any type of integrated plan. She says even if social security were subtracted from 100 per cent of the pre-retirement average high wage base, inflation would still discriminate against the integrated plan recipient...
Tsongas's overwhelming victory (55 per cent to Brooke's 45 per cent) nonetheless surprised both candidates...
John H. Muller Jr., associate director of the Harvard Law School Fund, said yesterday that only 14 per cent of the Class of '76 and 16 per cent of the Class of '77 have neglected to contribute to the fund. "This is certainly not a class-wide boycott," he said, adding many alumni cannot contribute because of financial hardship...
Carvalho, a prominent figure in the Portugese Revolution of 1975, ran in the presidential election in 1976 as an independent and came in second, receiving 16.5 per cent of the vote. Carvalho was also influential in preparing liberation treaties for Mozambique and Angola...