Word: pension
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Dates: during 1980-1989
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...Beneficiaries of virtually all Government programs except Social Security that are indexed to the inflation rate would lose their 1986 cost of living adjustment (COLA). Those who would be affected include 2.6 million federal retirees and their dependents, who belong to the Government's military and civil service pension plans. Likewise, the 21.5 million recipients of food stamps, as well as smaller benefit programs like aid to black-lung sufferers, would lose their protection against inflation for a year. The saving generated by this one-year "pause" in COLA growth compounded through 1988 would total $13.2 billion...
...Under Bradley-Gephardt, ²Adjusting tax ³Annual contribution to 4Corporate contribution 5Profit on sale of home is all deductions are at a brackets to inflation IRA up to $2,000 is not to pension fund is not not taxed as income if maximum rate of 14% counted as taxable income counted as taxable in-used to buy new home come until retirement within 18 months
Duarte did, however, make a small but significant gesture of reconciliation last week when he ordered Rodolfo Isidro López Sibrián, an army officer accused of organizing the 1981 killings of two U.S. land-reform advisers, to be discharged from the army without pension. Duarte's move came only a week after the Salvadoran Supreme Court threw out the case against the former lieutenant. Nonetheless, the President charged that the rebel plan would not lessen the toll of war. Said he: "The rebels do not want to humanize the conflict because they say it is their...
Each rumor sends a shock wave through Washington. Veterans' groups protested when stories appeared suggesting that their hospital benefits would be cut. Government employees cried out when it was reported that their pension increases would be modified downward. Farm lobbies screamed over the possibility that subsidies would be hacked. Education groups rallied against the hint that Reagan would try again to eliminate the Department of Education. "The best thing to do," declared a member of the Business Roundtable, "is pull up a chair and watch the poker game." It is some game...
...short term and volatile. Many large banks, particularly those with ambitious lending policies, have grown dangerously dependent on the so-called hot-money deposits of pension funds, foreign corporations and other institutions...