Word: pensionable
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Dates: during 1950-1959
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...painter's patron offers to keep Gulley on a pension if only he will leave off the telephone calls. But the butler catches Gulley stealing a jade figurine from the patron's collection, so he is lucky to get out the kitchen door while the police are chasing round the parlor...
...mustache and a clipped British accent, he has the look of a slightly heftier (210 Ibs.) Brian Donlevy. Offering the newsmen cigarettes and lemonade, he urged that no one worry about the deposed President because his good friend (and fellow graduate at Sandhurst) was being retired on a double pension and was leaving for Britain, as "it might be too embarrassing for him to stay here." Why had he fired Mirza? "Somehow or other, people felt that he was as much responsible for the political deterioration as anyone else." Besides, the armed farces wanted "a man at the helm that...
...Diktat. Until that day comes, society as a whole and millions of individuals and their families will be faced with problems of aging at a grosser, more practical level. The trouble may begin at 65, when (thanks to a chance decision by Bismarck in the 1880s) most pension plans and many compulsory retirement plans begin to operate. For business, this cutoff point may be sound up to a point. Says G.M.'s Sloan, who kept administrative control until he was 71: "The rule is probably sound, because, while some men can stay in administrative posts beyond 65, most...
...died within months because he could find no useful niche for himself. To avert this, several big corporations now subsidize counseling services that may become available at any age after a man has qualified for a vested interest (usually after at least twelve years' employment) in its pension plan. Some companies actively urge employees to invoke this service at 55, then again perhaps at 60, and certainly at 64, to make sure that their plans for growing old usefully as well as gracefully are made well in advance...
Both Republicans and Democrats thought the Kennedy-Ives bill an effective measure to insure union democracy and to give control of welfare and pension funds to union members. The bill received the overwhelming affirmative vote of 88-1 in the Senate. Before the bill was considered by the House an extensive campaign was launched against it. Life, an unquestionably Republican magazine, attributed this lobbying campaign to the Teamsters, who seem to have a vested interest in racketeering, and to the National Association of Manufacturers and the United States Chamber of Commerce, who seem almost to prefer to keep racketeering...