Word: pension
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...massively-revised pension plan for all University appointees will be presented to the Corporation for "routine approval," Hale Champion, vice president for Financial Affairs, announced yesterday...
...University Benefits Committee developed the new program to conform to last year's sweeping revision of the Social Security Act. The new act lifted the pension floor, increased the salary base on which both employers and employees were being assessed and provided a cost of living clause for all beneficiaries...
Several minutes later the Faculty unanimously approved a Docket Committee recommendation that no final votes be taken on several sections of the retirement plan. These aspects of the plan will probably be affected by revisions of the University pension plan which will be proposed next Fall...
...about spending two days a week touring the coal fields, listening to miners' comments and complaints. Last week he visited the hamlet of Lake, W. Va., to call on Willie Ray Blankenship, a feeble 72-year-old former mine worker. Blankenship had applied for a union pension four years ago when he retired, but the Boyle regime denied it on a technicality. Miller handed Blankenship a check for $2,400, bringing the old miner up to date on his pension, and told Blankenship that he can now collect $150 a month...
...Harvard's prestige extends into more crucial matters. Professors here are accorded "seer" status, even when they turn out to be wrong. The slick newsweeklies typically chart a trend among young people by teeing off with the latest goings-on at Harvard. The Hotelworkers Union pension fund and the Jay Gould Foundation may have similar stocks tucked away in their protfolios, but if Harvard makes an investment, it is considered automatically sound...