Word: pension
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Civil Service Pensions. Employees who were added to the federal payroll after last Jan. 1 are covered by Social Security, but some 2.8 million who were hired earlier as well as 1.9 million retirees or their beneficiaries enjoy a more generous plan. For example, after 30 years of service, they can retire on full pension at 55. The total cost of civil service pensions in fiscal 1984 was $21.9 billion. Reagan's budgeteers have outlined a fairly detailed plan to increase employee contributions to the program, reduce future cost of living increases in the pensions, and raise...
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...
...Women's Political Caucus: "It's hard to unseat an incumbent at any price and any gender." Still, Ferraro's high visibility helped carry some women's issues closer to the political mainstream, including increases in the federal funding of day-care facilities and reforms eliminating sexual discrimination in pension benefits. Another part of her legacy may be the increased participation of women in the upper echelons of the Democratic Party...
...five-day conference denounced the government of Prime Minister Margaret Thatcher and urged the banning of nuclear weapons in Britain, but their main preoccupation was the bitter coal strike. The miners want to force the National Coal Board to rescind plans that would close 20 uneconomic pits and pension off 20,000 miners. About 50,000 of the country's 180,000 miners are still working despite the union walkout. So far, 817 police have been injured and 7,000 strikers arrested. As he sat with his N.U.M. delegation on the conference floor in Blackpool, Scargill was served with...
Unification Church officials claim that they were delighted to let Moon use the controversial account (known within the church as "Father's money") for his personal expenses, but his $600,000 estate and lavish life style have naturally raised questions about the dividing line between pension and pillage. One of the defense's frustrated arguments, characterized by Judge Goettel as the "Messiah defense", was that Moon embodied the Church and its theological stance, and was therefore perfectly entitled to disburse its assets...