Word: pensions
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Dates: during 1950-1959
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...married hastily, was quickly divorced, then drifted to San Francisco and to the bottom of the ladder. He walked slowly, with a cane, and he found relief in cheap wine and whisky. He managed to eke out a living with occasional odd jobs and his $19-a-month Army pension. He kept to himself, lived and drank in a shack behind a waterfront store, did not fraternize with the run of Skid Row bums. Yet for some reason they liked him, and there was something in him that even they could admire...
...ordinary Italian worker, whose weekly salary all goes for rent and pasta, the only hope for retirement is a pension -meager at best and by no means automatic. If he is privately employed, his fate is in the hands of a monstrous, Kafkaesque government bureau whose paper-shuffling overhead is so high that a man whose employer has paid in $15,000 on his behalf over a 30-year period will receive only $3,000 of it when he retires. The one Italian worker in eight who is a government employee fares somewhat better: provided he works nearly 20 years...
...than ever before in history." Before another knot of housewives in a shopping center north of London, Labor's leader, Hugh Gaitskell, demanded, "What's being done about spreading that prosperity among all of us?", went on to tout his party's offer of a nationwide pension plan that would enable all British workers to retire at 65 on half...
...Milk v. the Cream. Hard as they pounded at their pension scheme, the Laborites still sorely needed a major issue to stir an emotional response to their cry: "Are you getting your share of the prosperity?" They thought they had one as London newspapers suddenly began to blaze with headlines about the strange stock machinations of one Harry Jasper and the 450-odd "companies" of which he is a director. On the London stock exchange, dealings in $55 million worth of securities associated with Jasper's name were summarily suspended; day after day scores of worried investors clustered outside...
...nothing when I left." Four years after he left the presidency, Cafe Filho (TIME, Cover, Dec. 6, 1954) still has nothing-or next to it. His poverty is so impressive that the legislature of his tiny, impoverished home state of Rio Grande do Norte last week voted him a pension of 40,000 cruzeiros ($240) a month for life...