Word: retiree
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
So said General Alexander M. Haig, 54, in announcing last week that he will resign in June as Supreme Allied Commander of NATO and retire from the U.S. Army. His sudden announcement to quit was something of a surprise to President Carter, who last fall had asked Haig to stay...
The people closest to him never seemed to lose patience. "Divorce, no," quipped his wife Anne, when asked if she ever considered leaving him. "Murder, yes." Hayes certainly was not volunteering to retire. "When I do, I'll die on the 50-yard line at Ohio Stadium in front...
Production workers, in particular, are expected to continue laying down their wrenches and torches as soon as they can, for an understandable reason: the labor is physically wearing. The Oil, Chemical and Atomic Workers union has fought hard to negotiate pension plans specifying a "normal" retirement age of 60, and...
Business opposition has also been dulled by some special provisions in the law. The statute permits companies to continue forcing retirement at 65 for "bona fide" executives and people in "high policy-making positions," provided they have served in those jobs for at least two years and qualify for pensions...
...gamble If stocks do not continue to rise (a very real possibility considering how high current stock prices are relative to company earnings), workers would be stuck with lower benefits. If large numbers of retirees lose money in the market, there will be pressure on the government to bail them out, forcing a future administration to choose between precipitating a fiscal crisis and ignoring the struggling elderly. Even if the market stays strong, some people are bound to retire and cash out their holdings in a bear market (historically, nearly one out of every four years has showed negative stock...