Word: pensioning
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Dates: during 1950-1959
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...already among the 2,100,000 drawing "disability compensation" for an in-service injury (75% noncombat), any man who wore the uniform 90 days can at 65 get a full federal pension ($78.75 to $135.45 a month) simply by showing 10% disability (virtually automatic at 65), and proving that his own annual income is less than $1,400 ($2,700 if he has dependents). A wife's income does not disqualify him, nor does any amount of property...
...worst is yet to come. Present laws will triple pension costs by 1985 as the veterans...
...state--an unmodified laissez faire form of government." Accusting Opitz of "irrelevancy," Adams asked about "areas--such as cyclical unemployment and old-age--where private enterprise has shown itself deficient." The moderator then invited Opitz, who was in the audience, to defend his views. Declaring that charity and private pension plans should aid the aged, Opitz said government financial "manipulations" have led to unemployment and depressions...
...conviction of former Dictator Gustavo Rojas Pinilla for abusing power and enriching himself in office (TIME, March 30), the Colombian Senate last week abolished all Rojas' political rights, all his titles and honors. As he signed a document to acknowledge the sentence. Rojas automatically lost his monthly pension as a former President, his rank as lieutenant general, and his proud chest of trinkets, including the Order of Boyacá, the Military Cross, the Order of Admiral Padilla, the Police Star (in the degree of Grand Extraordinary Civic Star), the Cross of Aeronautical Merit, the Order of Sanitary Merit...
...pockets of 1,250,000 steelworkers. This is money, says the union, that will bring real benefits to the economy. Union Boss Dave McDonald is not so much interested in a hefty wage boost as in fringe benefits, whose cost is less evident. He is likely to emphasize pension terms, better hospitalization and medical plans, more generous unemployment benefits. But the big firecracker that is sure to set up a ringing in management's ears is a share-the-work plan to reduce the dangers of unemployment by giving each worker a three-month vacation with pay every five...