Word: pension
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Dates: during 1960-1969
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...contract with the Atlanta Braves, who will use him as a pitching coach for the balance of this season and in 1969. The job will give the ageless Satch time to log another 158 days on a major-league roster, thus qualifying him for a $250-a-month pension...
...Satchel is one of the greatest pitchers of all time," said Braves Owner William Bartholomay, "and baseball would be guilty of negligence should it not assure this legendary figure a place in the pension plan." That it would. Though Satch leaves everyone guessing about his age, he was born some time around 1905, the son of a Mobile, Ala., gardener. In an era when professional sport was for whites only, the gangling, broad-shouldered iron man with the blazing fastball had to sweat out a living on the old Negro circuit. For almost three decades, he pitched as often...
...agents of the Metropolitan Life Insurance Company, the largest after Prudential, went on strike for higher commissions and bigger retirement and pension funds. At one point, a settlement seemed near. But that was before the strikers began to toss bricks through windows of Metropolitan's headquarters in Manhattan, throw knives around the cafeteria and generally terrorize nonunion agents...
...marching. Some also got trips to the army barber and showed up for their regular jobs with considerably shorter hair. Pacheco's point was to "militarize" the clerks, a status that could make their next strike tantamount to desertion, or at the very least cost them their treasured pension rights. They were not among last week's strikers...
...players were holding out for a pension-fund donation of $312,000 from each of the 16 clubs. That would increase the size of the fund from $5.5 million to $10.5 million and nearly double the basic pension (now $450 a month) for a five-year N.F.L. veteran at age 65. Pleading poverty, the owners refused. "There are at least three, maybe five teams in this league, which cannot absorb that cost and stay anywhere near healthy," said Washington Redskins President Edward Bennett Williams. The athletes were not convinced. Said Minnesota Vikings End Paul Flatley: "We put fans...