Word: pensioners
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Dates: during 1950-1959
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...cause of the fuss was Sir David's attempt to increase the teachers' Superannuation Account (pension fund) by $840 million. The additional 1% salary levy he wanted to impose would cost the average teacher $20 a year, and the schoolmasters felt that this was a cut they could ill afford. Their minimum paychecks, they pointed out, were already a good $3 under the national average ($26.46). "We are sunk so low," protested one Scotsman, "that our sacred profession . . . has become the subject of cheap political jokes and material for the cartoonist...
...consistent moneymaker (profits for 1955's first half: $4,200,000), signed up for another ten years as Eastern's chairman and general manager. Since he had reached retirement age (65) two months ago, Captain Eddie could have stepped out and collected about $30,000 yearly in pension and consultant's fee. But Eastern is well into the biggest expansion program in its history ($350 million for fleets of new piston, turboprop and jet airliners), and wanted to keep Captain Eddie around to handle...
...army surgeon, studied law to please his family, but soon turned to music. When he returned from his studies in Berlin and Vienna, he married the daughter of a general and a baroness, and at the age of 31 received a generous government pension which has kept them comfortable ever since...
Under the first heading, Slichter included such things as pension plans, unemployment compensation, and the large expenditures by federal, state, and local governments...
...nationally by the networks under a contract signed with the A.F.L.'s Federation of Television and Radio Artists. Program will be entirely employer-financed with contributions equaling 5% of the gross pay of all performers. It will cover everyone making over $1,000 annually with a pension plan (up to $7,500 a year) and such welfare benefits as "catastrophic" medical insurance up to a maximum of $5,000 a year...