Word: pension
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Many may go to the Jefferson Avenue assembly plant, a nearby facility that will produce Chrysler's new front-wheel-drive small cars for next fall.) Wanda has worked at Dodge Main for nearly all of the past 31 years, and soon will qualify for a lifetime monthly pension of $770. In the meantime, she and all of her co-workers are guaranteed either unemployment benefits that can add up to 95% of normal take-home pay, or else Trade Relocation Act funds that pay up to $250 a week for workers whose jobs have been lost because...
...date, the market's big spenders have been cash-rich institutions such as pension funds and the trust departments of banks. More and more their managers are coming to regard stocks as good long-term bets. For one thing, at their present depressed values, at least some blue-chip companies are paying dividends of anywhere from 7% to 10%, making them increasingly competitive with top-quality bonds; utility stocks are offering yields of up to 12%, neck and neck with the money-market funds themselves...
...estimated $42 million in forgone sales. The strike helped convert a slender 1978 profit of $5.9 million on sales of $2.7 billion into a 1979 loss that may exceed $9 million. The most heavily debt-burdened of the companies, Uniroyal is also dragging around a $520 million unfunded vested pension liability, which is equal to more than 80% of its net worth...
Colonel George Robertson, who commanded the Infantry Brigade of the Riverine Force on the Giao Thong the night of Compella's death, is retired at Sea Island, Ga., living gently off his pension and his wife's inheritance. His mind is free to pursue W.H. Auden and Thomas Love Peacock, but his soul, forged at West Point, still hears distant thunder. "Leadership is never good when it is self-conscious," he says. "The President should respond instinctively to events -but the instinct is really educated intellection, and it has to be harnessed to a natural appetite for decision...
...year. With union support, Broadwater dropped hourly wages to a flat $5, from as much as $6.50. Paid holidays fell to eight from twelve. Vacations, which had averaged five to six weeks annually, were reduced and dropped altogether for the first year. Also axed: the costly pension plan, which had been chewing up $900,000 a year, or between 6% and 7% of the operating budget. Instead, the shareholder-employees chose a combination of improved insurance benefits, bonus and profit-sharing plans, and the promise of eventual stock dividends