Word: pensioners
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Dates: during 1980-1989
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Meanwhile, lawyers for Amos Massa and Thomas O'Malley, two of Williams' convicted co-defendants and former Teamsters' pension fund trustees, submitted an affidavit from former FBI Agent H. Edward Tickel, a 14-year bureau veteran and surreptitious-entry expert, to support their claim that some of the evidence in the conspiracy case was obtained illegally. Tickel, 42, alleges that he made three "black bag" break-ins into the Chicago offices of Co-Defendant Allen Dorfman in late 1978 or early 1979, before the FBI had obtained court approval to conduct telephone tapping and bugging...
...Taxes will have to be paid on a portion of the Social Security benefits of anyone whose income plus one-half of their pension exceeds $25,000 a year. For married couples filing jointly, the base amount will...
...Early retirement will still be permitted at 62, but benefits, currently 80% of the full pension paid at 65, will drop to 75% in the year...
...Merrill Lynch helped stimulate business by holding last-minute seminars in New York, Chicago and 70 other cities to explain the various kinds of IRAs. In the offices of the E.F. Mutton brokerage firm last week, $20 million per day went into new accounts. Said Gary Strum, head of pension services: "We have done a helluva lot of business...
National's stock has climbed almost $10, to $23, since the buyout began to look promising last year. Most security analysts view the deal as favorable for National, the fourth largest steel producer in the U.S. Closing Weirton would have saddled the company with $180 million in pension costs, according to one study. About one-third of the workers started with the company at least 30 years ago, which makes them eligible for full retirement benefits. They have chosen to stay on the job anyway. To induce them to vote for the plan, National will assume all pension costs...