Word: pensioned
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Dates: during 1980-1989
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...signed days earlier by the economist, which indicated that Feldstein's net worth was actually $1.2 million. In prosecuting-attorney fashion, the Senator demanded, "Do you recognize this document? Is that your signature?" Feldstein sheepishly admitted that it was. In fact, the larger figure included a calculation of pension benefits Feldstein cannot collect until age 59, and that he, understandably, did not take into account in answering Riegle's questions...
...policy adopted by the university's board of trustees also requires sale of such stock included in a $10 million pension fund for non academic employees. The board decision requites divestiture of stock in any corporation that continues to do business in South Africa as long as that country maintains its policy of apartheid...
...members agreed that further curbs in spending will be difficult. Rivlin pointed out that in 1985 nearly $700 billion of the projected budget of $910 billion will go for defense, interest payments on the national debt, and pension payments such as Social Security and Medicare. President Reagan has ruled out defense cuts, and spending in the other areas can be reduced only if the Administration overcomes powerful congressional lobbies...
Stevenson, who decided in 1979 not to seek a third Senate term, mainly pounds away at one potent issue: the flaccid economy. In a detailed, 200-page campaign exegesis, he proposes luring pension-fund investments to Illinois and encouraging high-tech industries. During a debate earlier this month that rapidly turned acrimonious, he accused Thompson of presiding over the worst economic decline in the U.S., citing the state's 12.2% unemployment rate and soaring debt. Stevenson, who later accused the Governor of "subterfuge and deception" to conceal his failures, tried to justify the snappish tone: "I'm portrayed...
...Congressman, multimillionaire founder of Walco, maker of products ranging from motors to coffins. In exchange for his guilty plea, the Justice Department agreed not to prosecute Richmond for an array of other possible crimes, including ordering his staff to buy him cocaine, receiving an ille gal $100,000 annual pension from Walco and helping find a job as a mailroom clerk in the House for Earl Randolph, a fugitive who had been serving an 18-year term for aggravated assault in Massachusetts. After leaving the House job, Randolph was arrested for male prostitution by an undercover police officer, who then...