Word: pension
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...Dukakis-endorsed Voke budget would spend the surplus in large part on a tax cap, a 10 percent increase in Aid for Families with Dependent Children (AFDC) and General Relief accounts, and a refunding of the $11 billion pension program...
...played a key role through the years on bills concerning civil rights, labor, business and the role of Congress, including the War Powers Act of 1973, which restricts the presidential conduct of hostilities. He was especially proud of a measure aimed at protecting the fiscal integrity of private pension funds, which passed in 1974 after he had pushed it for seven years...
...Ironically, the unions have also stifled themselves. In many cases today, they accept concessions in the form of employees stock ownership plans, workplace democracy schemes and worker participation on management boards. But while these plans are progressive, they usually come at the expense of worker wages and pension plans...
Time was when it was difficult not to mention the Teamsters Union Central States Pension Fund and federal organized-crime investigations in the same breath. In one case after another, the feds found, the fund served as a cash cow for the Mafia, especially by investing in Mob-controlled Nevada casinos whose profits could easily be skimmed. By 1976 Central States, the largest multiemployer pension fund in the U.S., had nearly $250 million tied up in Nevada gambling operations...
...Cornell has created an optional retirement fund that does not have South Africa-related investments. This fund exists only as a supplement to the mandatory pension fund, Lewis said...