Word: lumped
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...more must be done in the way of individual merit pay for teachers to truly improve teaching in every classroom. Under Klein’s model, rather than appropriate bonus pay to individual teachers, schools that have made progress on their report cards over the last year will receive lump sums of money to distribute however they see fit. The bonuses—which total $14.2 million overall—amount to several thousand dollars per school, adjusted based on what percentile of its goal for progress the school has achieved. Most schools have elected to divide the bonus equally...
...unity of two great actors that accomplishes nothing for either their careers or the detective genre. The saddest part is that “Righteous Kill” is the first true moment that De Niro and Pacino have joined forces. Despite the tendency of critics and fans to lump them together, De Niro and Pacino have shared credits in just two movies, “Heat” and “The Godfather Part II”—and even then, they share the screen only once. Alas, we all wished for something better...
...must balance our use of its income to support the current generation against our duty to preserve its purchasing power for future generations,” University President Drew G. Faust said in her Commencement address in June. “We cannot treat our endowment as a lump sum.” Even if Grassley were to act on his legislative threat, the looming presidential election makes it unlikely that a new law would be passed before the next U.S. Congress is sworn in next January. —Staff writer Clifford M. Marks can be reached at cmarks@fas.harvard.edu...
Americans also need ways to shore up their retirement--particularly as traditional pensions disappear--and they need help stewarding the retirement money they receive. So one consortium of public-policy research groups is exploring ways to link retirees who get lump-sum 401(k) payouts with services to help them manage their money for the long term...
...Federal Election Campaign Act, which required candidates to report expenses and contributions, and the Revenue Act, which set up a Presidential Election Campaign Fund, financed by an optional checkoff box on income tax returns that diverted $1 (since raised to $3) from the U.S. Treasury. Candidates were offered large lump sums to cover expenses related to the general election, so long as they agreed not to collect private donations or spend money raised for primary contests. As Watergate unfolded between 1972 and 1974, amid allegations (later substantiated) that Richard Nixon used large campaign contributions for illegal purposes, Congress amended...