Word: pensioned
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Dates: during 1970-1979
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...result the average hourly wage for rubber workers has fallen $1.35 behind that of automobile workers (who have been getting a cost of living increase). The union is demanding parity with auto workers' wages in addition to a "meaningful" further wage increase, a COLA clause and improvements in pension and insurance plans. Some tiremakers, however, suffered from falling profits in 1975 and will find it hard to agree to the U.R.W. package. President Peter Bommarito may lose control of his union if the new contract is found wanting by the membership. The only deterrent to a long strike...
...reputation as a respected journalist for some badly needed cash. He must also make a suitable match for his daughter Emma, 35, the widow of an impecunious French prince. Ultimately, Schuyler hopes to parlay a casual friendship with New York Governor Samuel J. Tilden into the best old-age pension of all: with Reformer Tilden the certain Democratic nominee for President and a likely victor over the scandal-ridden Republicans, Schuyler grandly casts himself as America's next minister to France...
...from Radcliffe fencing to JV squash. But it's not just the writing which should be of interest to you. Consider the fringe benefits. You meet the people who make Harvard sports news, the people who write Harvard sports news, and you get a shot at the special Lounge pension plan for when you retire...
...Government expanded the system so much that the only major group of employees not covered now are those who work for the Federal Government and some state and local government workers. Congress has never seen fit to include them, and they now have their own, separate pension plan. Benefit levels have been greatly increased, and a 1972 law tied them to movements in the consumer price index so that they are automatically lifted every year by inflation. Among other things, Social Security pays the Medicare hospitalization benefits of the elderly and picks up bills for kidney dialysis treatments for patients...
...would be only a blip on an otherwise flat or slightly downward curve. Instead, an inexplicable renewal of optimism caused a wave of heavy buying, and the running of the bulls into the market began. As prices started to rise, the big institutions, such as banks' trust departments, pension funds, insurance companies and mutual funds, became anxious not to be left behind. They pumped massive amounts of cash into stock purchases, as evidenced by more than 5,000 trades of 10,000 shares or more during January. Meanwhile private investors, who saw their long-depressed shares finally regain...