Word: reaping
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While the pension problems of private workers are serious, those of public employees can be drastic. Some local governments soon will reap the whirlwind from years of promising elaborate benefits while making insufficient contributions to pension kitties. The General Accounting Office watchdogs reviewed at random 72 state and local government pension plans and found that 53 of them failed to make contributions on the level required by the Federal Government of private corporations. Says Michael Thome, head of the California state teachers retirement system: "Pension costs have been pushed into the future for somebody else to pay. Now, that...
...CHEMICAL INDUSTRY continues to reap profits from the fumigant carbon tetrachloride--used on corn, wheat, rice, barley, oats, rye, sorghum and even popcorn--even though it is toxic to embryos, livers and kidneys, and may cause mutations, birth defects and cancer...
...Moon said in 1974: "The world is really our stage. We are going to be the ones who restore and bring hope to every corner of the world. The money is there, and I will earn the money. I will reap the harvest. And you will become soldiers, trained soldiers...
...July 23]. President Carter and Congress may see those figures and slap a "windfall profits" tax on anyone who sells a home. Such a levy would be consistent with the windfall profits tax on oil companies. After all, the homeowner has done nothing to reap that gain-it is a true windfall...
...case that has helped other athletes, Shorter convinced the A.A.U. that his manufacturing of running gear should not affect his amateur status. Shorter is also drumming up corporate support for amateur athletes. "In the old days the A.A.U. required that an athlete build his name and then retire to reap what benefits he could," says Shorter. That is obviously not his plan: Shorter is training hard to make the 1980 U.S. Olympic team...