Word: retirees
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He says he has no immediate plans to retire, and will continue to work as long as he believes he can still contribute.
That’s a lot to handle in one offseason. My guess is that he stays a Laker, not only because L.A. will do everything to make him stay, but also because it is one less hassle for the guy. Philadelphia would make sense, however, given that Kobe could...
Some grown men have trouble embracing their fathers in public. Russert hugs his for 21 chapters in Big Russ & Me (Miramax Books; 336 pages), a memoir that is part tribute to his dad and part guidebook for the author's college-age son Luke. The elder Tim Russert nearly died...
The five professors currently holding these spots are all over age 60. When they retire, the department will be short five faculty posts, and disputes between Harvard and the Smithsonian have impeded plans to refill the positions. According to Associate Dean of the Faculty Vincent J. Tompkins, no mechanism is...
...company's pension burden weighs on profitability, though Congress recently allowed American to defer some payments to underfunded pensions for two years. This year management has put $319 million away for pensions and will spend an additional $300 million on retirees' medical benefits--an expense its younger competitors don't have. These low-cost carriers "pay people a lot less, and they don't provide good benefits," says Arpey. "I do believe people in big public companies should retire with benefits, but we've got to find...