Word: pensioneer
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...called the one percent reduction in pension contributions "inefficient" and expressed disapproval of the linkage of health benefits to salary...
Professors asked that the committees review the changes, especially the pension reduction, and submit recommendations to the President and Fellows for consideration...
...unresolved issues" raised at the meeting was Mallinckrodt Professor of Applied Physics William Paul's assertion that the benefits task force greatly overestimated the amount faculty members would have in their pension funds upon retirement...
When inflation is taken into account, Paul said, "there is no predicted overachievement of the [pension] plan's goal...
Because the proposal for the benefits standing committee preempted his motion, Paul did not move that the Faculty recommend to the Corporation to rescind the one percent pension cut or that Knowles appoint a committee to study the faculty retirement and medical benefit plans...