Word: pensionable
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...vice president with wide powers. He set about junking millions of dollars worth of unprofitable cats & dogs, wrote off inventories and cut payrolls. ("He'd fire his grandmother if she wasn't doing a good job," said a friend, "but he'd put her on a pension.") Hanna never again lost money, even during the depression of the 1930s. On the solid foundation Humphrey started building up a new Hanna, drawing on his understanding of basic U.S. industry and his self-acknowledged talent for picking good partners. ("I'm as good at picking partners," he says...
...veteran on the desk ... it is just the prime of life." To keep reports more uniform in the future, Gould proposes that A.P. men "consider a man youthful until he's 35, in middle age from 35 to 65, and thereafter eligible for an old-age pension." Added Gould "'Nearing our own 55th milestone makes us no less sensitive to the importance of discriminating use of the adjective 'old' in or out of the news report...
...Pensions adjusted to current standards of living. "Benefits are low, on the average considerably below subsistence ..." ¶Research and policy agencies to continue the study of the problem, to gather more data on private pension plans, to correlate various pension schemes, and to improve pension financing...
Veranda Consultations. Doc Reser lives frugally on his retired sailor's pension, and is known as a soft touch for almost any countryman who passes his door with a hard-luck story. He drops in at Sonny Griswold's American Bar in Port-au-Prince' occasionally for a rum-and-drum session with visiting U.S. bluejackets. He paints and sketches reads and talks with tourists and others who come to him for voodoo information.-Oldtimers have estimated that Doc has 10,000 Haitian friends. When asked if he ever thinks of going back to Utah, he says...
...slump. Government price supports keep the farmer's income relatively stable ; federal deposit insurance helps prevent any 1932-type bank panics. Strong unions keep a floor under wages; unemployment insurance tides the jobless over short layoffs. While only 15% of the U.S. labor force was covered by pension systems in the '30s, today 90% are covered, and private pension plans have grown from 720 in 1930 to 14,000, covering more than 10 million workers. An estimated $12 billion in reserves has already ac cumulated in private plans, and they are growing at the rate of $2 billion...