Word: pension
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Exchanges of charges, denials, innuendos and threats erupted this week after the city council on Monday approved a salary hike and a pension raise for retiring manager John H. Corcoran...
Independent councilor Thomas W. Danehy questioned the motives of the seven councilors who voted for the salary and pension increase and called Monday's action "the most brazen political act ever taken in this city...
...country back to work" -and seeking to restore business confidence-he ordered an end to the three-day week, which had cost Britain $4.6 billion in lost production and unemployment payments. He also announced a nationwide freeze on residential rents. Labor's legislative priorities include old-age-pension increases, land-speculation curbs and repeal of the Tories' Industrial Relations Act, a law modeled on the Taft-Hartley Act that has antagonized both labor and management. All should prove relatively uncontroversial if not uniformly popular measures...
...Pensions: The Broken Promise exposed some existing problems in privately administered pension plans that require more thorough investigation to bring about correction. In this particular instance, the good is acceptable and requires no comment; the bad is deplorable and should be brought to light for remedial action...
Ransom Demands. The S.L.A. communique early in the week demanded that Hearst provide $70 worth of "top" meats, vegetables and dairy products to everyone in California holding one of several certificates attesting to neediness: welfare cards, Social Security pension cards, food stamp cards, disabled-veteran cards, Medi-Cal (the state's version of Medicare) cards, parole or probation papers and jailor bail-release slips. The food was to be distributed through supermarkets for three days during each of the next four weeks, and the S.L.A. suggested that the program be supervised by several groups, including the Black Panthers, Cesar Chavez...