Word: plans
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Dates: during 1930-1939
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Ever since the $2 raise granted November 24, 1937, the dining-hall system has been on an unsound financial footing, and the continued existence of the Temporary Student Employment Plan is in serious danger as a result...
...Because of present uncertainly as to national legislation affecting pensions generally," the University would make no move towards abolition of the compulsory pension plan, the workers' third demand...
About five years ago Jenny Jones and Suzie Smith graduated from high school and came to work in the Harvard Dining Halls at $500 a year. In 1937 the Pension Plan was started by the University and $12 was taken from the annual salaries of the two girls. The University added another $12 and the total annual premium of $24 was deposited in a Retirement Annuity for each girl with the Teachers' Insurance and Annuity Association. Last year they joined the A.F. of L. Dining Hall Employees Union, and, since both Jenny and Suzie face problems in connection with their...
...greatly simplified terms, the fictitious cases of Jenny and Suzie are the problems which the Administration must face in connection with the recent Union agitation about the Pension Plan. On one side is Jenny whose job is temporary, whose wages must fill an immediate need, and whose old age security lies with her husband. On the other is Suzie whose job is permanent, whose wages must fill a future need as well as an immediate one, and whose old age security depends on no one but herself...
...demands by the Union or provisions by the University have been made to boost the retirement income of low-wage employees. Suzie's case is therefore far more desperate than Jenny's. Obviously Suzie can not take much more out of her present wages to contribute to the Pension Plan and still keep her financial nose above water. Yet it stands to reason that she should receive something near the $35 income which is guaranteed to waitresses outside educational institutions and who are legally included in the Government's Social Security Program. Hence the University should step in and make...