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Biddeford Saco Journal in Biddeford, Maine

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Newspaper

Biddeford Saco Journal

Location

Biddeford, Maine, United States of America

Date

Jul 27, 1961

Page

7

Federal Retirement Debt Grows Beyond 32 Billion

A 1961 era analysis notes the federal retirement fund for 2 million workers stands at about 32 billion in debt and rising. Contributions cover current benefits but future costs require reforms to avoid bankruptcy by 1985. Benefits reach up to 8 percent of salary, with max annuities around 14 000 yearly for career staff, while current average pensions run about 2 000.

Ray Henry Washington Congress Imer Civil Service Commission Coness Senate Civil Service Committee Senate Committee

Weekly Food Market Guide for Sandwich Month

August designated Sandwich Month highlights a variety of breads and fillings for hearty sandwiches. Focus on protein foods like fish, meat, cheese, eggs, and peanut butter. Include raw vegetables for finger foods, chilled fruit desserts, kabobs, and simple seafood bites. Lists suggested produce and dairy and meat items for weekend shopping based on quality and price.

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