Word: retirees
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"We cannot envision that a decline in pensionswould make it easier for faculty to make thedecision to retire," the report continues.
Three-term Alabama Sen. Howell Heflin said he would not seek re-election next year, bringing to four the number of Senate Democrats who plan to retire. In a speech on the Senate floor, the 73-year-old former chief justice of the Alabama supreme court, who has suffered from...
...retire next year, leaving a threatening seven seats open toGOP challengesin 1996. In Thursday's editions of the Capitol Hill newspaper Roll Call, Kerrey was quoted as naming Sens. Sam Nunn of Georgia, Howell Heflin of Alabama, Claiborne Pell of Rhode Island and David Pryor of Arkansas as potential retirees. Today, Kerrey demurred: "There are additional members who have not decided whether or not they're going to run for re-election." Pell, 76, said he hadn't yet decided. Nunn, 56, has $1.3 million in a re-election war chest but has dropped hints he may leave. Heflin...
I'm glad Michael Jordan struggled to bat above .200, I'm glad he led the league in errors, and ultimately I'm glad he had the decency to retire and leave baseball to the real players.
The retirement age is already scheduled to rise very slowly, to 67 by 2027. Many think it should be boosted faster, and to age 70. "It is absurd to keep the same retirement age as when life expectancy was 10 to 15 years lower," says economist Friedman--still active as...