Word: pensionable
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Dates: during 1950-1959
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Chrysler was next on Reuther's list, and it promptly fell in line with Ford. Then Reuther went back to G.M. and persuaded it to grant the pension increase. He had another gain, achieved just in the nick of time. The autoworkers cost-of-living increases (or decreases) were switched from the old to the new cost-of-living index. Last week, the new index, which comprises more items, edged a fraction lower, while the old index dropped 1.1%-enough to have caused a 2? hourly wage cut under the autoworkers' old contract...
...Kingfishers Catch Fire, is a Book-of-the-Month Club choice for June. It tells the story of Sophie Ward, a 35-year-old Englishwoman who has kept her looks, but whose brains have always been somewhat scattered. Left a widow in India with two children and a tiny pension, Sophie decides not to go home to the austere safety of Britain but to rough it in the Vale of Kashmir, where the scenery is breathtaking and the people are delightfully unspoiled. When her small daughter Teresa hears about this, she makes a face, because she would much rather live...
...state senator and state supreme court justice. Elected to the U.S. Senate in 1926, he became a powerful figure in his second term, was in the lawmaking forefront of F.D.R.'s "100 days," was thereafter a leader in getting on the books such laws as the Railway Pension Act (1934), Social Security Act (1935), low-rent housing and antilynching laws. Aging and in ill health in 1949, Bob Wagner retired from the Senate with these words: "I have had my fair share of shining hours...
...long-term issue was designed to 1) help relieve the U.S. of its constant sorties into the money market to refund short-term issues, and 2) provide a safeguard against more inflation by boosting loan rates all around and by tapping savings as they accumulate in life-insurance companies, pension funds and savings banks. The new bonds would also probably tap some money that would normally go into the stock market...
...year old cashiered chief will receive terminal pay and have full pension rights, according to the University Personnel Office...