Word: pension
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Dates: during 1960-1969
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...executive, professional and other white-collar personnel by attrition, early retirement and outright firings in Akron. Robert Sausaman, 48, an equipment buyer, recalls that, after 17 years with the company, he was given two weeks' notice and "my bare entitlement" by way of a pension. Robert L. Coon, 56, a staff photographer for 25 years, was given the option of $10,000 in severance pay or a $100-a-month pension. He picked the pension. One executive was offered a promotion and a raise at Goodrich, then fired three weeks later. He chose a cash settlement...
...bareknuckle prose, it has been throwing straight jabs at the Teamsters Union hierarchy. The union officials, who are just filling in while Jimmy Hoffa finishes his jail sentence, are described as corrupt bosses and the "enemy within." The magazine has publicized alleged Mafia involvement in the misuse of pension funds and attacked dynastic policies in selecting local leaders...
wages and pension costs for employees will go up $200,000 from $3.6 million to $3.8 million...
...desegregation and reapportionment decisions filled "fragments of chaos." He foresees, however, that the court's increasing use of the 14th Amendment, especially its "equal protection of the laws" doctrine, can be logically extended from schools and voting to such new areas as the granting of private credit and pension rights and even to a system of guaranteed income by judicial decree. Judicial power, Berle feels, has not been adequately "institutionalized." It is now subject to no appeal "other than agitation or, at worst, mobs in the streets." One of Berle's proposals for institutionalizing the court...
...become top civilian executives in Israel. Since the Six-Day War, nearly 100 former generals and colonels have taken command positions in private or government-owned industry, banking, utilities, commerce and transportation. Often, they are recruited to executive suites a year or more before they pick up their first pension check, and can choose among a dozen offers...