Word: pension
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...incessantly for the motherland. Their wives were even more miserable, and some naturally took to having affairs, especially in the hill station of Simla, where the thin mountain air was reputed to encourage promiscuity. As Gilmour notes, almost all the ICS men couldn't wait to retire, collect their pension and get back to Britain. Yet once home, a strange fondness for India would often afflict them, and they would spend their evenings sunk in a club chair with a gin and tonic, boring everyone with endless tales of the Punjab...
...traded at $90 a share six years ago, is selling for 15¢, up 4¢ on the day after the verdicts. It would be laughable if so many people hadn't lost so much--stockholders lost $60 billion in market value, long-serving employees lost more than $2 billion in pension money, and 5,600 people lost their jobs...
...Although this isn't the first time little old ladies have been accused of heinous crimes - in 1988, Dorothea Puente was nicknamed "the black widow of Sacramento" when the 60-year-old was convicted of killing three boarders and then continuing to cash their pension checks - some elements of the Los Angeles duo's alleged crimes shocked even hardened veterans. "Female killers operating for profit by taking out insurance policies on their victims are working one of the oldest scams in the book," says Michael D. Kelleher, who co-wrote Murder Most Rare: The Female Serial Killer. "What makes this...
...millions of Russians risk being left behind. At the Shartashky open-air market in Yekaterinburg, Victor Shkola, 66, hovering by his collection of wrenches, screwdrivers and metal widgets, says he can barely pay the rising rent and utility bills, which eat up about $75 of his $95 monthly pension. On a good day, he can earn $8 from sales of his hardware, but that's not enough. Putin this year has promised to boost spending on social services, and the Kremlin has raised some state pensions. But in the market's food section, Gulfara Shakhulovna, 59, isn't impressed...
What will change for Houghton is his compensation. Corning will no longer pay Houghton an annual salary, but will instead give him a retainer along with his pension, according to Collins. The switch is intended to comply with IRS regulations that forbid a person from receiving a salary and a pension at the same time, Collins said...