Word: federales
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Dates: during 1980-1989
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A federal law prohibiting a mandatory retirement age is slated to take effect at universities around the country then, and many higher education experts say they fear that one result will be a logjam in hiring at schools such as Harvard.
In 1986, when Congress passed the federal law forbidding employers to set a mandatory retirement age, it gave universities a seven-year exemption so that they could readjust their benefit plans and insure that they could maintain a high quality staff.
"I don't really think this [federal ban on retirement] is going to be a major problem. I really think the big problem is going to be lack of people rather than too many people," says Aage B. Sorenson, head of the Sociology Department. "I think this actually is a...
This year's show drags spectactors into the age of speakeasies, gangsters and Prohibition. The plot is simple. Booze is forbidden, boobs are not. Action turns on the antics of three main groups--bar-goers, cops and mobsters. The only beer joint in town not run by the mob--Cafe...
) Interest rates eventually eased, but other problems arose. Congress passed a sweeping deregulatory law in 1982 that permitted S & Ls to make loans for a raft of new businesses. At the same time, some states allowed their locally chartered thrifts to run wild. Suddenly no venture was too farfetched: ethanol...