Word: pensionable
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...Boom? Meanwhile, the Stock Exchange has campaigned hard to sell common stocks just as the supply was being diminished by the influx of such buyers as pension funds and investment trusts, who take the stock off the market. The death of the excess-profits tax, easy money, and the prospect of continued fat dividends as well as lower taxes on them-have also made stocks look like better buys...
Last January, Landlady Anna Rabinger of Salzburg, Austria hurried to the police to report that Lausman had been missing from her pension since Dec. 23. The police searched his furnished room; all was in order, but on the table stood a half-empty brandy bottle with two glasses, as though he had entertained a friend...
Three dailies were sold, and three folded as expenses far outran income. Last year at the annual I.T.U. convention, over Randolph's objections, the membership voted to limit borrowing for the papers from the union's pension and mortuary funds to $1,000,000 (it had already borrowed an estimated $2.5 million). Last week, getting ready for this year's convention, Randolph took drastic action to head off another stormy fight over the papers...
...office at the May 11th annual meeting. Among the accusations: Sprague spent up to $100,000 a year of company funds on such luxuries as two Cadillacs, boxes at race tracks, trips to Florida and Europe and jewels for his wife, while drawing down $61,000 in salary and pension...
...German couples live together out of wedlock. The Germans call these liaisons "uncle marriages" because the older children are usually told that "uncle" has come to stay with mother. Biggest single reason for the uncle marriages: the woman (usually a war widow) can go on collecting her state pension so long as she is legally single; if she remarries, her pension is forfeited. ¶ West Germany celebrates a high percentage of shotgun weddings. "Above all," said one man in delicately explaining Wiirmeling's job, "he wants to root out conditions that made the seventh month of marriage the most...