Word: retiree
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HBS professors who retire between ages 63 and 65 receive a bonus equal to twice their annual salaries at retirement. The bonus diminishes as the age of retirement increases.
"If we have a faculty member, and he doesn't want to retire, he doesn't retire," she says.
Faculty at the Graduate School of Education (GSE) have continued to retire around the age of 70, and the school currently has no faculty over that age.
"I work seven days a week, 16 hours a day," said Leblanc, who has owned and operated Harvard Donuts on Prospect Street and Mass. Ave. for 40 years. "I'm turning 65 and it's time for me to retire."
The only painkiller strong enough to relieve his suffering was morphine, a narcotic that is, like heroin, derived from opium. But Ventura's doctors were reluctant to give him an open prescription for fear he would become addicted. Forced to retire, Ventura spent much of the next 10 years confined...