Word: pensioned
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...report of the Faculty Standing Committee on Benefits, released publicly yesterday, asks Dean of the Faculty Jeremy R. Knowles to recommend that the Corporation rescind a one percent reduction in pension contributions and delay the implementation date of changes to postretirement health benefits by one year...
Most of the committee's concerns center aroundfears that the reduction in pension contributionsand the changes in post-retirement health benefitscould encourage employees to postpone retirement...
Professor of Sociology Peter V. Marsden, who chairs the standing benefits committee, said the committee's report calls for the Corporation to rescind a one percent reduction in pension contributions and delay the implementation date of the cap on retirement benefits by one year...
...Limits Legal Institute, approximately 35 of the G.O.P. holdouts--including nine committee chairmen--have spent an average of 14 years in Congress already. Of those, 13 voted for a 1989 pay raise, bounced an average of 43 checks each in the House banking scandal, and will receive an average pension of $1.7 million. (The records of the veteran Democrats who oppose McCollum's measure are, if anything, worse.) Said Cleta Mitchell, the institute's director: "This is their entitlement...
...jury is still out on whether Chile's social safety net for the elderly poor is sufficient or will prove enduring in the face of other budgetary priorities. But in October the World Bank released an international study of pension systems that deemed the Chilean approach instructive not only to the developing countries the bank serves but also to advanced industrial nations with troubled government-financed pension systems, such as France, Germany, Italy--and the U.S. Social Security scholars assert that there is not the same urgency for change in the U.S. But, says Robert Genetski, a Chicago-based economic...