Word: pension
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...appointing a deputy chancellor critical of the school system and by announcing plans to eliminate some 200 jobs at the board of education's central headquarters. Meanwhile, eyebrows have been raised over his hefty compensation package, which includes a $195,000 salary, free housing and $214,000 in supplemental pension pay. But Fernandez seems impervious to criticism."One thing I will never have is an ulcer," he shrugs. "I get angry and move...
...more importantly, it means abolishing the middle-class welfare state that is hidden in the tax code. Tax breaks for employer-sponsored pension and health benefits cost the government far more than direct government spending on the poor. The home mortgage interest deduction costs far more than government housing subsidies. Yet these generous subsidies go practically unnoticed because no checks are written...
...traditional family, with its economic interdependence, is the foundation of a strong society. But what about a gay couple? They might be similarly dependent on each other, economically and emotionally. Yet no state in the U.S. allows them to marry legally, and nowhere are they offered the same medical, pension, tax and legal advantages as married heterosexuals...
...worker's compensation comes in the form of fringe benefits, the issue is partly one of economic equity: Is it fair to provide more for a married employee than for a gay colleague who does the same work? There is also a larger moral issue. Health plans, pension programs and inheritance laws are designed to accommodate the traditional family. But nowadays, only 27% of U.S. households consist of two parents with children, down from 40% in 1970. Is the goal of encouraging traditional families therefore obsolete? Is it discriminatory? Or is it now more necessary than ever...
...have the option to wed if they wish to be eligible for family benefits, but gays do not. (Denmark in October became the only industrial nation to allow registered gay partnerships.) In addition, the spread of AIDS has raised the importance for gays of medical coverage, bereavement-leave policies, pension rules, hospital visitation rights and laws giving family members the authority to make medical decisions and funeral arrangements. "We are not talking about symbols here," says Thomas Stoddard, executive director of the Lambda Legal Defense and Education Fund, a well-organized gay-rights group. "These are bread-and-butter issues...