Word: pensioners
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Dates: during 1990-1999
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...welfare system, which is currently $46 billion in the red, have angered a populace wedded to generous cradle-to-grave social benefits. Hundreds of thousands of demonstrators have spilled into the streets. Leading the charge are the country's coddled public-sector workers, whose privileges include guaranteed employment, special pension benefits and early retirement--at age 50 for some categories...
...political need to tell it. Offstage, Dole admits he thinks about his past almost every day. "Yep, it's true," he says, "for a long time I really thought I'd never get married; that I'd never amount to anything; that I'd have to live off some pension or maybe even sell pencils on a street corner." Having recovered beyond anyone's expectations--he almost died from his wounds three times during the years he spent recovering--Dole considers it a "badge of something" that he can button his shirts and dress himself without assistance...
...expected to veto the bills because of extraneous provisions he finds unacceptable. The likely result is a brief shutdown of nonessential government operations as the two sides find a compromise on the spending measure. One possible stopgap solution to the impasse over the debt ceiling: "borrowing" from the pension and savings of federal employees...
Time catches up suddenly to us all. One day you're young and brilliant and sullen to your elders, and the next you're getting junk mail from the American Association of Retired Persons and people your very own age are talking about pension plans and the prostate. Last week, on the southwest windowsill of my studio, I found a note written in tiny strokes in the dust, with two exhausted houseflies lying beside...
Last year, budget cutting efforts led the Harvard Corporation, the more powerful of the University's two governing boards, to approve a one percent reduction in contribution to faculty pension plan and a reorganization of the health care plans...