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Independent in Long Beach, California

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Articles on This Page

This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Independent

Location

Long Beach, California, United States of America

Date

Apr 01, 1976

Page

9

A Time to Live Plans penalize early retirement

An Indianapolis man argues that GM and other corporate pension plans penalize early retirees by limiting future earnings, similar to Social Security. He notes a 1976 limit of 2760 dollars annually, with one dollar lost for every two dollars earned above that, and points out disparities with pensions for police and military personnel. He suggests changing federal rules could prompt broader corporate reforms and more jobs, while contemplating feasible work in retirement.

Bob Walton Indiannapolis Ike General Motors National Mexico

Drug firms may fail to meet swine flu vaccine target

Washington lawmakers heard that U S drug makers cannot guarantee enough vaccine by October or November to protect all Americans from swine flu. Pharmaceutical Association President C Joseph Stetler said limited immunity and liability protections could enable full production if scientific issues are solved. Lawmakers urged a nationwide, nonprofit immunization push including children for polio and other diseases.

Washington C. Joseph Stetler Pharmaceutical Manufacturers Association Congress House U.S Steller

Expert Opinion on Social Security Reform Ideas

The speaker argues that freezing Social Security benefits is not possible under current rules. Benefits are calculated at retirement, and individuals who do not work the 17 years between 48 and 65 will see smaller benefits. Still, the ideas are sound and warrant study by Congress, which holds final authority.

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