Word: pension
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...taken office in a union wracked by scandal but vows to "get tough with the operators until they scream." Miller's tough approach consists of demands for a 20 per cent wage hike, higher safety standards and a rise in the ante contributed by mine operators to the Union pension fund from $.80 to $2.40 per ton of coal. These benefits would increase the industry's manpower costs by only 50 per cent, while coal prices have doubled in the last four years. Miller is threatening the coal industry with a strike of up to six months to secure...
Miller's new staff of union officials, which has been recruited from the coal fields, can readily appreciate the worker demand for a decent standard of living and security in old age. To demonstrate miners' vital need for pension and safety benefits, his advisors emphasize the industry's meager pension benefits of $150 a month and an injury rate three times that of manufacturing industries. The fatality rate of 120 miners a year far outstrips that of any other country's coal industry, and the infamous "black lung" disease afflicts one out of three miners--including Miller himself...
Among other things, they voted to slash retiring Republican Governor Ronald Reagan's pension from $32,800 to less than...
...zealous interest in their own welfare, and members of California's legislature can feather their nests with the best of them. In 1965 and 1970, the law makers enacted bills giving any legislator from a reapportioned district who was defeated - or simply decided to quit - a full retirement pension. There were no age restrictions: boy wonder and withered sage alike would be eligible...
This year, when all California was reapportioned, 61 state senators and assemblymen became eligible for pension relief. If all 61 decided to retire or were defeated, California's taxpayers would have to pay about $5.7 million for the extra benefits. Retiring Assembly Speaker Bob Moretti, 38, stood to receive $8,742 a year from 1975 on, or $186,384 by the time he reached...