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Word: systemize (lookup in dictionary) (lookup stats)
Dates: during 2000-2009
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...half decades ago, his then employer, Occidental Petroleum Corp., cut its traditional defined pension plan in favor of a 401(k)-type system. So instead of getting a guaranteed pension check of $1,308 a month for his 36 years as a full-time, salaried employee, the former chemical-factory worker receives $225 a month from his 13 years as an hourly employee, plus $180.16 a month from a profit-sharing plan Oxy had for salaried employees until 1994. He also has $70,000 left of the money he saved from his tax-deferred 401(k). On the days...

Author: /time Magazine | Title: Why It's Time to Retire the 401(k) | 10/9/2009 | See Source »

...nation's go-to retirement piggy bank. Invented nearly 30 years ago as an executive perk - one more way to dodge Uncle Sam - the 401(k) was never meant to replace the employer-guaranteed pension fund, supplemented by Social Security, as the cornerstone of our nation's retirement system. But propelled by a combination of companies looking to cut costs and consumers who wanted control of their retirement destiny, that's exactly what happened...

Author: /time Magazine | Title: Why It's Time to Retire the 401(k) | 10/9/2009 | See Source »

...second important decision of the Bachelet government was to invest billions from this fund in the development of the skills and capacities of its people. On September 3, 2008, the Bachelet administration established procedures for its Bicentennial System to Train Advanced Human Capital Abroad (“bicentennial” because it marks Chile’s declaration of independence in 1810). This program, known as “Becas Chile,” is on scholarships...

Author: By JORGE I. DOMÍNGUEZ | Title: Investment for the Future | 10/8/2009 | See Source »

...student labeled a tourist trap as a “win-win. If tourists pay, we have a constant revenue stream. If not, then we have fewer tourists in the Yard.” Another called for a pay-as-you-go system for entrance to Annenberg since tourists “always manage to get inside no matter how hard the staff tries to keep them out.” (Editor’s Note: We’ve been scoped while eating in this hallowed hall...

Author: By Rachel T. Lipson, CONTRIBUTING WRITER | Title: Cashing in on the Idea Bank: Are We Bankrupt? | 10/8/2009 | See Source »

...governments that are worried that Berlusconi has become a liability for political and economic stability. But even if there were such a surreptitious movement afoot to unseat the Prime Minister, any supposed "strong powers" from outside of Parliament would also require some sign of strength from within the political system. And even a weakened Berlusconi still looks mighty strong compared to the rest of Italy's political class...

Author: /time Magazine | Title: Scandal-Hit Berlusconi Must Face Criminal Charges | 10/8/2009 | See Source »

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