Word: pensioneer
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Last year, a committee for the Faculty of Arts and Sciences forwarded a recommendation to halt the one percent pension decrease. The Corporation rejected that proposal...
WHEN PACKWOOD ANNOUNCED HIS RESIGNATION from the Senate, he listed his reasons for doing so: duty, honor, country. He seems to have forgotten one more motivation: his pension. WALTER WARNER State College, Pennsylvania...
...offenses? Does he think, "O.K., I tried, I was turned down. No big deal"? As a woman who has been approached in a manner similar to Packwood's, I can say it's degrading and shocking. The fact that Packwood was allowed to resign and keep his $88,922 pension, rather than be expelled from the Senate, is insane. In most business environments, the offender would be fired without pension or severance, and possibly face criminal charges. For Packwood, his so-called punishment is merely a slap on the wrist; for the women he harassed, and other victims of sexual...
After a University-wide task force recommended cutting the pension contribution by one percent and capping retirement health care benefits, faculty members issued a counter-proposal, asking for a soft cap on retirement benefits and the repeal of the pension reduction...
...University agreed to the soft cap, which could allow retirement health care contributions to rise with the cost of health care, but refused to reconsider the pension...