Word: pensionable
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Dates: during 1950-1959
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...century of Socialist rule, but the money that supports it is provided by an economy that is almost entirely capitalist free enterprise. Last year Socialist Premier Tage Erlander promised even more welfare benefits on the easy, easy. He proposed legislation to guarantee workers over 67 years old a lifetime pension amounting to two-thirds of their average earnings at the peak 15 years of their working lives. Who would pay? Why, employers would bear the costs, getting tax relief in return, promised Erlander. He added solemnly: "We have no intention of raising taxes...
...overshadow the editorial integrity of a magazine. In many instances, it looks to me from the outside as though the business office and the promotion boys have taken over, and that the editor has been consigned to an office down the hall with no carpets, one window, and a pension fund...
Besides those who directly hold shares in corporations, there are nearly 4,000,000 mutual fund and other investment company shareholders who indirectly own a piece of U.S. industry. Added to these are millions protected by corporate pension funds, which last year bought 30% of new stock issues. The United Mine Workers' welfare and retirement fund holds nearly $4,000.000 in common stocks, gets over $195,000 in dividends...
Died. Julian Ulrych, 71, quiet, self-effacing, $20.44-a-week London hotel dishwasher, a powerful pre-World War II Polish politician and Cabinet Minister; who fought Russia during World War I, Germany during World War II, Communists after V-day, finally fled to England where he rejected a British pension, said: "One has to accept the bad things of life with the good"; in London...
...group of market sophisticates whose risk in dealing with puts and calls is much less. These are the people who make options available from the stocks in their portfolios. To find them, Filer, Schmidt and the nation's 20 other put and call dealers turn to investment trusts, pension funds and individual portfolio holders who intend to hold their stock for long periods. For selling a put or call the stockholder receives a premium ranging from $112.50 on 100 shares and up, depending on the price of the stock and length of the option. Usually those who sell puts...