Word: pension
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...official press information kit, was "to celebrate the Inauguration of President Nixon in a festive, traditional manner." To that end, 25 musical groups performed at five sites-the Serendipity Singers at the Museum of National History, Lionel Hampton at the Kennedy Center and Guy Lombardo at the Pension Building. As promised, the President and Mrs. Nixon stopped in at each of these, as well as the special Youth Ball for the 18-to-30 set at the Sheraton Park Hotel...
Stock exchanges are tightly knit clubs, and hardly anything has agitated their members more than the question of whether to let in the managers of mutual funds, pension funds, insurance companies and bank trust departments. By forming or buying brokerage subsidiaries that could trade on the exchanges, these institutional investors could save tens of millions of dollars every year in commissions. Many old-line brokers fiercely opposed institutional membership out of fear that they would lose commissions. Last week the Securities and Exchange Commission came out with a curious compromise: it ordered the exchanges to admit the institutions-but under...
...Ellis and Mr. lee have a good conservation going Mrs. Ellis tells Mr. Lee she's going to Detroit for Christmas to visit her son, who is in the Air Force and will retire after 17 more years to Florida. Where his pension will allow him to become a happy landlord Mr. Lee is going to Detroit to visit his daughters. They sent me money to take a plane, but I didn't want any of that I sent the money back told them your daddy's coming to visit you but he's coming...
...companies, a past controller has hurled an $80,000 lawsuit against the Society to claim benefits allegedly due, a former director is seeking to nullify last spring's election results, more than half of the Coop employees have requested a vote on unionization, and 1971 changes in the Coop pension program have been shown to greatly worsen the lot of newly hired workers. The number and nature of these events pose hard questions about the fitness of the Society's top management...
...summary, modern pension and insurance plans have been put into effect by the Board of Directors of the Coop, after careful study and consideration, Viewed in their entirety-as they should be-they provide improved benefits for Coop employees in line with those provided by other major department stores in the Greater Boston area. Milton Brown, Filene Prof. of Retailing and Pres., Harvard Cooperative Society