Word: pensionable
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Dates: during 1950-1959
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While Parliament considered boosting his pension 800% (to $6,926 a year), Composer Jean Sibelius celebrated a quiet 85th birthday at his home, Ainola, near Jarvenpaa, opened a few presents, including 500 cigars, saw a few visitors, including President Juho Paasikivi, who brought along a present: a solid gold medal weighing about a pound...
...benefits, which are a sort of insurance pension, do not apply to students employed by the University who are enrolled and regularly attending classes...
...also reluctantly took a further step that ran counter to everything that liberals-and Harry Truman himself-had long stood for. Few businessmen, however patriotic, he concluded, would willingly leave the security of their jobs, their pension rights and their privacy for the modest pay and the hazards of reputation that go with Government jobs...
...most of the numerical tasks now performed by flesh & blood clerks. In computing payroll checks, for instance, it "reads" (at 10,000 characters per second) two magnetic tapes with numbers coded on them. One tape carries all the data about each employee: his wage rate, tax status, pension deductions, etc. The other carries the hours worked by each during the pay period. By comparing the tapes at lightning speed, UNIVAC can compute a complicated payroll for 10,000 employees in only 40 minutes...
Pennsylvania's budget-conscious Congressman Robert Fleming ("Where's the money coming from?") Rich announced that when he retires from Congress next term at 67, his federal pension will go to "character-building" charities...