Word: share
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Dates: during 1950-1959
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...general, industrial pension plans are either contributory (employer & employee share the cost of the plan), or noncontributory (employer pays the full cost). Theoretically, either system may be financed and maintained on a pay-as-you-go basis, or funded (a reserve fund is set up to guarantee payments in good & bad years alike). Some plans-usually the contributory type-allow an employee to build up credits ("vesting"), and cash them in if he leaves the company before retirement. Still others permit an employee-should he leave the company before retirement-to leave his vested share in the company plan, collect...
...employee retirement plans, one of the most spectacularly successful has been the profit-sharing system of Sears, Roebuck & Co. Under Sears's 34-year-old plan, an employee may contribute 5%-up to $250-of his annual pay. The company, for its part, contributes anywhere from 5% to 9% of its net profits each year. The employee's contribution is kept in cash or Government bonds, thus guaranteeing that he will get back at least what he put in. The company's share is used to buy Sears any thus the employees benefit from dividends...
Rupert is undoubtedly the cleverest squirrel in captivity; unfortunately the movie is not good Durante humor. The Great Proboscis, forced to share top billing with the damn squirrel, has been given only a few really funny lines and he never goes into one of the long stories which are his specialty. Durante does, however, perform at the piano a couple of times...
...positive side however, Berg has victories over Upsala, Fort Devens, and Northeastern, a tie with Boston College--and six one run losses. "The team doesn't have a lot of sluggers," Berg said yesterday, "but we'll win our share...
Since the University could not provide me with housing, I pay $80 a month to live in a highly inadequate two-room apartment. It is dirty, furnished with cheap pieces in poor taste, and offers me little privacy. Although I have a lavatory to myself, I must share the bathtub with ten other people. The place is too small to permit any entertaining, and so little resistant to sound that any noise can be heard throughout the building. Every time I step into my kitchen or go into the hall I hear the intimate sounds of my neighbor's lives...