Word: reductionism
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Dates: during 1990-1999
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Knowles called the report "careful and thoughtful" in March, before the Corporation decided to adopt a soft cap on contributions to post-retirement health care, but not to rescind a one percent reduction in pension contributions.
After the Corporation's decision was announced last month, professors said the rejection of the Standing Committee's proposal to rescind the pension reduction would serve only to increase tension and decrease touch between the Faculty and the administration.
The Corporation announced last week it woulduphold a proposed one percent reduction in theUniversity's contribution to the faculty pensionfund. The Corporation did, however, soften aproposed ceiling on postretirement health carecosts.
"It won't go away," Landry said. "As the disease runs its course, we'll see a reduction in cases, but it will always be in the population."
DIED. J. PETER GRACE, 81, longest-reigning (a half-century) head of a major U.S. company; of lung cancer; in New York City. Grace's death came within weeks of the corporate coup that replaced him as chairman of the giant chemicals company W.R. Grace & Co. As head of a...