Word: pension
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There, consoled by his two favorite wives and a monthly pension of $1,500, Krim languished for 21 years. In 1947 France relented and let Krim board a ship for the Riviera, where he would be under house arrest. The 65-year-old rebel jumped ship as it was passing through the Suez Canal, and was granted political asylum in Egypt...
...example, the teamsters who haul cargo to the docks and the sailors who run the ships both have $100-per-month pension programs, with money provided by employers. Even the longshoremen on the West Coast receive $100. But the dock workers who load the cargo onto the ships got $85 per month," Healy said...
Another grand jury in Chicago is investigating alleged irregularities in the Teamster pension fund, and Hoffa already faces a fraud charge involving the misuse of $500.000 of union funds in a Florida real estate development. All in all, it seemed possible that Jimmy Hoffa still might not have the last word...
...printers stoutly defended every penny of their demands-which added up to $38.32 more a week, spread over the next two years. But as broken down by management, the I.T.U. package suggested exorbitance. Among other things, Bert Powers' printers are asking $3.25 per week in extra pension and welfare contributions, $19 more in pay for a shorter week. The union has also flatly refused to yield its time-dishonored right to set bogus type, a featherbedding practice that involves hand-composing, and then throwing away unused, all advertisements received in mat form. With appropriate contempt, the publishers call this...
...that President Kennedy had talked even tougher to Khrushchev than to Roger Blough. Heartened too by signals of economic upturn, managers stepped up their spending for plants and machines in the fourth quarter to a record yearly rate of $38.4 billion. On Wall Street the big mutual funds and pension funds moved back into the stock market (though badly singed small investors continued to spend their money elsewhere), and the market recouped 55% of its $96 billion paper loss. The mood in business changed profoundly: instead of looking for a sharp recession in 1963. most economists foresaw only a slight...