Word: pensioned
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...Pension plan changes scheduled for the middle of next year need rethinking," Jacger said. "And the University's horrible idea about doubling health and dental insurance premiums for part-time workers in 1997 needs complete eradication...
...other federal programs receiving the award are "National Defense on the Offense," the U.S. Defense Logistics Agency; "Reinvention of the Bureau of Reclamation," the U.S. Department of the Interior; "Operation Jobs," the U.S. Immigration and Naturalization Service; "Farly Warning Program," the Pension Benefit Guaranty Corporation; and "Maine Top 200 Experimental Targeting Program," the Occupational Safety and Health Administration
...University reduced its contribution to the pension fund by one percent, causing an outcry in FAS last fall. (The University also imposed a soft-cap on medical benefits...
...Part of the danger of the end of mandatory retirement will be determined by how secure the faculty feel that their benefits and pension will see them through if they don't work into their seventies," says Philip A. Kuhn, professor of history and of East Asian languages and civilizations...
Harvard administration the Berkeley case as an example of the dangers that could result from offering overly generous retirement programs. A Corporation decision last spring reduced the University's pension contribution by one percent...