Word: pensioned
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Dates: during 1970-1979
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That fact was quickly illustrated. Aside from a few perfunctory meetings with Rocky and the legislative leaders, Lindsay was shut out of negotiations on his own budget. While Lindsay fumed, Republicans and Democrats hammered out a budget, in the process shelving a new pension plan that the city had worked out with municipal unions. It is one of the most generous pensions ever offered to U.S. workers. Upon reaching 55, a retired worker could collect half pay after 20 years on the job and full pay after 40 years. Since pensions already devour 11? of every dollar paid in state...
...petition seeking his parole was sent to the White House with some 250,000 names. Probably no one has worked for him harder than William Loeb, archconservative publisher of the coincidentally titled Manchester (N.H.) Union Leader, which once received a $2,000,000 loan from the Teamsters' pension fund. Only last month the Union Leader broke a murky story that Edward Partin, the Louisiana Teamster whose testimony helped convict Hoffa of jury tampering, had repudiated what he said in court. But there has been no confirmation of the story from either the Justice Department or Partin...
...weeks, top Teamsters had been nervously waiting. Would their tough little boss Jimmy Hoffa run for the presidency of the union again, even though he is still serving a 13-year sentence for jury tampering and pension-fund fraud in Lewisburg (Pa.) Penitentiary? Last week the word finally came down: he would not. Making the announcement in the Teamsters' ornate Washington headquarters, Hoffa's son James, a Teamster lawyer, said that his father was bowing out in favor of the union's acting president, Frank Fitzsimmons...
...personal bankruptcies on record. He listed assets of $26 million and liabilities totaling $55 million. The younger Copeland's chief business associate, Lebanese-born Thomas A. Shaheen Jr., has been indicted by a Chicago grand jury on charges of receiving kickbacks on loans from the barbers' union pension fund and others. Much of the money allegedly went to shore up a dizzying business empire assembled by Copeland and Shaheen. In a related matter, Motsey has been charged with conspiracy, though he testified that he was frequently not aware of what associates did with his funds...
Duryea would like to return to priestly work when and if he is "invited back" -a highly unlikely prospect. In the meantime, parishioners, aware that he is without pension or salary, are collecting a fund to support the Duryeas temporarily. The ex-pastor, somewhat astonished at it all, is basking in the open approval of his friends and a number of priestly colleagues. The reaction of his parents, who did not share the secret, pleases him especially. Said Robert F. Duryea Sr., when he learned that he had a daughter-in-law and grandson: "It was like a gift...