Word: pension
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...University's highest governing board yesterday upheld a controversial decision to reduce Harvard's contribution to faculty pension plans, alter the structure of post-retirement health care and establish a University wide benefits committee...
...Standing Committee on Benefits, convened in the fall following an uproar over benefits cuts, recommended this spring that pension contributions be restored and paid for by a one percent reduction in the growth of FAS faculty salary increases...
...David Shribman won the beat reporting prize for his work on developments in Washington and around the nation. Other winners: The Washington Post's Carol Guzy won the spot news photography prize for a series on the crisis in Haiti, and Newsday won for investigative reporting on disability pension abuses by police...
...committee found, according to the report,that the decision to reduce pension contributionswas made for purely financial reasons--reasons thereport refutes...
...think that the change would be to thelong-run advantage of most faculty members becauseof the tax-preferred treatment accorded tocontributions to pension funds," the report says...