Word: pensionable
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...concerned that Simpson might have tried to hide money offshore that they engaged international sleuth Kroll Associates to find it.) The truth is closer to home. While Simpson may have stashed some funds overseas, the bulk of his remaining wealth is sunk into completely legal, completely domestic havens: two pension and retirement funds that he set up long ago and that now hold at least $2.5 million, according to sources close to the case...
...that is not all he has. Untouchable too are his $2,000 monthly pension checks from the N.F.L. and the Screen Actors Guild, which he will start drawing on in five years, and half a million dollars, which will ultimately land in the estate of his children and which will be available to pay expenses such as schooling. He owns a small equity interest in his multimillion-dollar home, but that is expected to be consumed by legal fees. Defense lawyer Baker and moneyman Taft have already slapped liens on it. Simpson also has a life-insurance policy, believed...
...said. "We won't back off these demands." Until this week, protesters in Bulgaria were mostly white-collar workers and students. But now the Socialists are finally losing the support of the industrial and farm workers on which their rule depends. On Thursday, the Socialists offered to double pensions and wages in the public sector. But even that promise is fast becoming worthless; the lev currency falls hourly, and wages are now worth half what they were only a month ago. Standing in a long line outside the State Savings Bank, a tearful Anastasia Yaneva, 70, whose pension...
...said. "We won't back off these demands." Until this week, protesters in Bulgaria were mostly white-collar workers and students. But now the Socialists are finally losing the support of the industrial and farm workers on which their rule depends. On Thursday, the Socialists offered to double pensions and wages in the public sector. But even that promise is fast becoming worthless; the lev currency falls hourly, and wages are now worth half what they were only a month ago. Standing in a long line outside the State Savings Bank, a tearful Anastasia Yaneva, 70, whose pension...
What could be done? No vast new government programs are necessary, says Shapiro, "but a new, government-mandated bargain could be struck." A rule of tax policy already holds that when a company provides a tax-free compensation, such as health-care coverage or pension contributions to its employees, it must cover virtually its entire work force. Training is not currently viewed as a tax-free compensation, but it should be. If it were, companies wouldn't be directly compelled to train workers; but if they provided training for some employees (as they do now), they would then have...