Word: pension
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Dates: during 1960-1969
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...pension plan, with the producers to contribute 7% of their payroll over a three-year period, abruptly lowered in bargaining to 1% in the first year, 4% by 1965. The producers agree to the principle, but want to postpone the start of payments, offer a maximum...
...province will pay 93% of his upkeep, his home town the rest; if he gets cancer, all care will be free; if he is injured on the prairie, a government aerial ambulance will wing him to the nearest hospital. In retirement, Douglas Stewart may choose to live on his pension (up to $75 a month) in one of Saskatchewan's new geriatric centers (four in operation, one more planned), which will give him food, a bed, and all medical care...
...footnote to your April 18 article on combine-maker Robert Rauschenberg in 1948 a youth hosteler in our pension in Paris had purchased a ticket for a performance of the Paris Opera, not realizing that it was a strictly formal affair. She, in a very real sense, had "nothing to wear" for this sort of occasion...
...generous. Miami's Dade County, one of the best, spends $350,000 a year on wards in nursing homes, supplements the income of the ailing aged who require rest-home care so that each one has at least $150 a month. California provides a state base pension of $115 a month for five-year residents over 65 who have no income, $95 for those who have some income. Altogether, 21% of California's aged collect state pensions. For the aged who need help, the state pays all nonhospital medical expenses, including drugs and doctors' calls...
Democrats who oppose lifting the 4¼% ceiling thought otherwise. They argued that the Treasury should have tried harder to sell the bonds to state and private pension funds by giving them longer advance notice of the issue. Growled Illinois Senator Paul Douglas: "I do not charge the Treasury with deliberately planning to have the issue fail. But I do say that if it had planned for failure, it would not have acted much differently." Douglas said that by not selling the bonds, the Treasury "may gleefully think it has won a battle; but they are going to lose...