Word: pensioneer
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...Issues. Small investors generally have greeted the market rise with a yawn, and left trading to the big institutions (mutual funds, pension funds, trusts). In mid-May, small investors (those who trade in lots of 100 shares or fewer) sold 250 shares for every 100 they bought. The speculators, who in the 1960s bought "hot issues" selling at high P/E ratios, now are trading instead in options, or the right to buy or sell stock at a specified price in the future...
...resigned as chief of state, even though he had been reconfirmed in that post by the National Assembly on March 20. Samphan said that the prince, heir to a long line of Khmer royalty and virtually a demigod to Cambodians during his 30-year reign, would receive a pension of $8,000 a year, and that a statue would be erected in his honor-presumably to placate those Cambodians with lingering loyalties toward the former monarch...
...union's final demands in last week's bargaining was an uncapped COLA clause under which pay would keep rising along with the Consumer Price Index. Fitzsimmons also asked for $1.75 more per hour in straight pay, with 75? of it in the first year, and pension and other benefit increases coming to $17 a week. The employers' offer at the time the strike began consisted of a $1 hourly raise, an $11 weekly benefits package and a COLA with an annual 25?-an-hour...
...decade, he writes, the government has assumed an increasingly active and direct role in the affairs of private universities. Because they could not survive a cutoff of funds, the institutions have had to tolerate "unwise" and "intrusive" regulations in such areas as privacy of student records, affirmative action, retirement pension plans and protection of human subjects in scientific research...
...Metropolitan Washington Council of Governments, for example, which includes various communities near the District of Columbia, found it could enter into a private pension plan and pay no more than it paid to Social Security, but employees could retire at age 60 instead of 65, with no loss in benefits. In San Jose, Calif., which left the system last year, city workers now contribute 3% less than they did under Social Security and enjoy benefits that average 25% higher...