Word: pension
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...school diploma and went on to college courses. He was 68 when he finally got his degree as a bachelor of business administration from CUNY'S Baruch College. At 74, after 18 years and an excellent record at Macy's, he finally retired and asked for his pension...
...resulted from changes that ITT made in their accounting systems as soon as it took them over. Whenever Geneen's company has faced a choice between two accounting methods, it has selected the one that enables it to report the highest immediate profits. Depreciation, interest costs, changes in pension plans, investment tax credits, foreign exchange losses, to name only a few items -all are treated in ways that minimize deductions from current profits or maximize additions to them...
enhance their pension fund...
...supposed that the same kind of men who invented the multinational corporation, the stock option and a thousand such precision instruments could be powerless to put their "own" property to some social use? Or, imagine a world in which all the capital was mediated, that is, owned by pension funds, universities and corporate investors. Would anyone claim that no one had the right to ask industrial enterprises to do other than maximize profits quarter after quarter, on the grounds that all property is held in perpetual trust for the now-defunct, profit-maximizing, private investor...
...economics expert with the United Steelworkers of America, Miller has won considerable gains for the baseball players since he was hired to represent them in 1966. He has to his credit an increase in minimum pay to $13,500 from the 1969 level of $6,000, and the existing pension plan, which is clearly among the most beneficent in the nation. At age 45, a player who has spent as little as four years in the major leagues is eligible to receive $174.34 a month for life; if he waits until he reaches 65 before beginning to collect...