Word: pensionless
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...many Americans it isn't even a possibility. Without a pension -- which some 42 million U.S. workers lack -- or adequate savings, retirement could rest on Social Security. Last week Labor Secretary Lynn Martin announced a plan -- dubbed Power, for Pension Opportunities for Workers' Expanded Retirement -- to help the pensionless...
...protest that it would be virtually impossible to collect taxes from them and their employers. Last week in Washington it was made known that the Social Security Board was preparing to propose to Congress the creation of a voluntary Government insurance system for these 16,000,000 pensionless citizens. To be administered by the Board, it would accept premiums of as little as $1 per month, pay maximum annuities of $50 per month...
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