Word: pensioners
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Dates: during 1930-1939
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...Passed (205-to-0) and sent to the Senate a bill granting pensions to dependent Gold Star parents and widows of World War soldiers.* Replacing War Risk insurance payments which expire in the next three years, the pension ($45 a month for individual parents. $30 to $45 for widows) will go to 40,000 beneficiaries, cost the U. S. $8,900,000 to begin with...
...that "The judges, both of the Supreme and inferior courts, shall hold their offices during good behavior, and shall at stated times receive for their services a compensation which shall not be diminished during their continuance in office." Because the late Justice Oliver Wendell Holmes resigned and accepted a pension which in 1932 was cut in half as an economy measure, the Supreme Court Retirement Act was passed this year to give elderly justices a better reason for quitting. It provides that they may retire (i.e., go on inactive duty, subject to call if needed) thereby continuing in office...
...personal holding companies so as to claim the interest as an income deduction; 6) creating trusts for wife, children and relatives so as to divide family income and keep it out of the highest surtax brackets; 7) taking wives and children into partnership for the same purpose; 8) creating pension trusts, which pay reduced taxes, for the benefit not of ordinary employes but of a few high officers of a company. To these dodges Mr. Morgenthau added three others "which the law itself permits": 1) claims for depletion by oil and mining companies, which are allowed as a deduction from...
...income from $200,000, about $7,500 a year. To Ramsay MacDonald this windfall is happily not so all-important financially as loyal, generous Sir Alexander had thought it would be. By an act of Parliament, passed after the will was made, Mr. MacDonald is entitled to a pension of $10,000 a year as a onetime Prime Minister. Moreover, because fortnight ago he decided to stay in the House of Commons rather than accept an earldom (TIME, June 7), he will get an additional $3,000 a year as long as he is a member of Parliament...
Referring to one cat, Minnie, on the payrolls of the Standard Oil Company (TIME, April 12), I recently met on the island of Rhodes a bewhiskered and short-legged canine named Bippo who is not only the publicly-recognized assistant guardian of the local museum, but actually receives a pension from his government for 13 years of loyal ratsmanship...