Word: pensions
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Dates: during 1950-1959
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Last August, Lapham was relieved of his duties when college authorities became suspicious. A check in the pension funds confirmed their suspicions...
...shortages, which occurred in the pension fund, were discovered during an audit...
Hutcheson will leave his 803,000 carpenters with an antiquated $15-a-month pension system and a treasury worth $15 million. He also leaves his pet project, a luxurious $4,000,000 home for retired carpenters at Lakeland, Fla. The home was finished in 1928 on Big Bill's private whim, cost each carpenter an assessment of $6, now houses only 350 retired members, who are too feeble to play much golf on the adjoining Hutcheson golf links. Near by is Big Bill's own private residence where, in fitting surroundings, he plans to spend the winters...
...West Hartford, Conn., to bonus-bargain with a local of the C.I.O. United Automobile Workers. The company, which has paid a bonus for twelve years, had cut the total from $108,000 in 1949 to $40,000 in 1950, when it started a new and more expensive pension plan...
...provisions the publication of the pension report, "Retirement Income Plan for Employees of Harvard University," has been held up for month, until mid-January, according John W. Teele '27, Director of Personnel...