Word: pension
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...trade union federation, went to the polls to vote for 1,501 delegates to the next convention. The Labor Party, which has dominated Histadrut since pioneering days, kept control with 56.6% of the vote. This ensures Labor's continued control of a mammoth conglomerate of unions, insurance and pension plans, companies and even banks that controls nearly 25% of Israel's economic production. It also provides the party with a strong power base. Thus Labor and Likud are on a possible collision course: Begin has vowed to strip Histadrut of its ownership of factories and corporations. As jubilant...
...found to contain cotton dust, a cause of lung disease, at levels three to 20 times higher than those permissible by law--and many argue the legal limit itself is too high. The health and noise standards in the plants are much worse than the national norm. The company pension plan paid on average less than $10 a month to each worker in 1975. It paid nothing in 1970, 1971, and 1972. The company said there was no profit to share...
...union, the boycott represents the only tactic left to organize the plants. If the general history of American labor is any guide, unionization of the plants is the only way workers will ever achieve better wages, improve safety measures, and health conditions, and secure decent pension plans. For the AFL-CIO, the campaign is the first step toward unionizing the South and improving the conditions for Southern workers. That, in turn, could curb the pattern of Northern "runaway shops" moving south to avoid union labor, and help the economic development of the North-east...
Schippani, terming the pension system "downright inhumane," said a man who worked 27 years for the company is only eligible for a pension of $10 a month. "It is absolutely absurd," he said...
...Union since 1952; found shot, in a rock pile in the desert, 30 miles from Las Vegas. A wheeler-dealer with enemies even in his own union, Bramlet ran into trouble when he brewed up a new scheme with the Mob to skim money from the union's pension fund. Two weeks after the fund's trustees vetoed the idea, Bramlet disappeared (TIME, March...