Word: scheme
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Dates: during 1990-1999
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...them penniless in retirement, one class of employees has no such concerns: top federal officials. It's not just that their benefits are guaranteed by the U.S. Treasury and thus protected from the economic shocks that have wrecked some company plans. Thanks to a generous cost of living index scheme that would be extremely rare in private industry -- a plan that the U.S. Congress designed mainly for its own benefit -- many former federal officeholders actually make more for not working than they ever did on the job. Some even outearn incumbents in the offices they once held. "Congressional pensions...
...plan, which Cambridge's bridge watchers strongly back, comes with a hefty $840 million price tag--almost twice the twice the price of Scheme Z. And when the Federal Highway Administration (FHA) agreed last month to fund 90 percent of the Central Artery project, it did not necessarily agree to foot a higher bill for an improved bridge...
Although the Highway Administration indicated its support for the work of the committee, the plans it approved included blueprints for the old Scheme Z. So no one is quite sure whether the government will agree to pay. If it doesn't, the state could get stuck with a bill it can't afford...
Despite the controversies and threatened law suits, citizen involvement seems to have actually had an impact in the Scheme Z debate, replacing (in theory) the 11-story monstrosity with a smaller, more popular bridge plan...
...Scheme Z is the design for the Charles River crossing originally proposed by the state. CIP 5 is the preferred alternative. Dark gray lines indicate proposed construction. SCHEME Z CIP 5 Baseline Cost $430 million $840 million Completion Date 1998 15-17 months after Z Bridges 3 bridges, 275 ft. wd. 1 bridge, 168 ft. wide Piers 11 6 Loop Ramps Outer 105 high 75 ft narrower than...