Private pension plans vanish as reforms reshape old age security
Amid the 1974 Pension Reform Act, thousands of firms ended private pension plans. Officials say costs and red tape drove cancellations while some small businesses create alternatives for executives. Senators defend the law though acknowledge administration issues, noting many workers still benefit from the protections.
MENTIONED IN THIS ARTICLE
Salli
Aie Ife
Federal Pension Benefit Guarantee Corporation
Pen
Thomas Logan
Houston
Metro Builders On Hardware Company
Robert Hersch
Kpromotions
Muwaukee
Jacob Javits
Rn.y
Harrison A. Williams Jr
D-N.j
Daniel P. McGinn
Los Angeles
California operatives push Ford into Florida lead
California strategists Stuart Spencer and William Roberts shape Ford’s Florida push, leveraging late headlines and Reagan remarks to maximize gains. The Florida primary nears with Ford seen as poised to defeat Reagan or come close, aided by media access and targeted messaging in a shifting political landscape.
MENTIONED IN THIS ARTICLE
Dhe
Stuart Spencer
William Roberts
Reagan
Sacramento
Ford
Spencer
Roberts
Miami Herald
Oval Office
Veterans Administration
St. Petersburg
Massachusetts
Florida
Spencer and Roberts
Col
Reagan shifts his attack to economy
Ronald Reagan intensifies focus on economic issues as Florida primary looms, challenging Ford who remains in Washington after campaigning in Illinois. Ford labels his policies as yielding progress while conceding the Florida race will be tight and crucial for Reagan’s momentum.
MENTIONED IN THIS ARTICLE
Reagan
Miami
Ronald Reagan
California
Ford
Florida
Washington
Illinois
New Hampshire
Vermont
Massachusetts
California Young Republicans decline Reagan endorsement
Delegates at the California Young Republicans convention in Los Angeles split on endorsing Ronald Reagan for the GOP presidential nomination. The vote stood 76 in favor and 41 against, seven short of formal endorsement, as about 125 delegates from across the state gathered at the Sheraton Universal Hotel in North Hollywood.
MENTIONED IN THIS ARTICLE
California
Young Republicans
Los Angeles
Ronald Reagan
Reagan
Sheraton Universal Hotel
North Hollywood
Army urges discipline amid Moslem Christian clashes unrest
The Lebanese army issued a call on Sunday for discipline in the ranks as reports spread of growing unrest linked to Moslem Christian clashes.
Dean of Congress Wright Patman Dies at 82
Rep. Wright Patman, longtime House member and outspoken critic of the banking industry, died at 82 after pneumonia and influenza illness. The Democrat, the dean of the House, had announced he would retire next January after 48 years of service. President Ford and House leaders paid tribute to his public service and dedication to citizens’ concerns.
MENTIONED IN THIS ARTICLE
Washington
Wright Patman
House of Representatives
Bethesda Naval Medical Center
Patman
House
Ford
Wrent
Paiman
Carl Albert
D-Okla
Traffic snarls close mountain roads amid sunny snow day
Thousands of motorists clogged Angeles National Forest and the Mt Baldy area as snow lovers jammed Highway 39 and Angeles Crest Highway. CHP reported 10 mph traffic with a one hour closure, while resorts in the San Bernardino mountains enjoyed good to excellent snow conditions and 4s temperatures. Beachgoers faced milder 50s, and Long Beach was forecast to reach 61.
MENTIONED IN THIS ARTICLE
Southland
Angeles National Forest
Highway Patrol
Crystal Lake
Mt. Baldy Head
Angeles Crest Highway
Saa Bernardino Mountains
CHP
Pacific
National Weather Service
Long Beach
CIA official predicts world terrorism rise
CIA deputy director William E. Nelson told the National Security and Foreign Affairs Committee that international terrorism will increase. He warned that nine or ten nations could develop nuclear weapons, enabling terrorists to hold cities hostage. He also spoke of renewed Soviet subversion and said CIA criticisms have not hampered agency work.
MENTIONED IN THIS ARTICLE
Washington
CIA
Wiliam
Nelson
The
National Security and Foreign Affairs Committee
Veterans of Foreign Wars
Palestine Liberation Front
Latin
Ameri
United States
Soviet Union
Ussr
Free World
KGB
GRU
Secret Police
Pill Linked to Benign Liver Tumors In Pill Users
Washington scientists report 150 to 260 women developed benign liver tumors after using oral contraceptives. The finding suggests a possible link, with tumors posing rupture and bleeding risks. most patients were aged 2 to 35 and used the pill for two to five years.
MENTIONED IN THIS ARTICLE
Pill
Washington Star
Washington
Philippe. Shubik
Epaley Institute
University of Nebraska
Bedside questioning of Kodama in Lockheed payoff probe
Japanese authorities questioned Yoshio Kodama at his bedside amid the Lockheed payoff inquiry. Investigators cited about 186,687 dollars in consulting fees and 12 million dollars in possibly questionable payments, alongside 47 stamped receipts. Kodama denied knowledge of signatures and funds beyond the consultant fee. Finance Minister Ohira praised US information-sharing conditions and urged confidential handling pending prosecution decisions.
MENTIONED IN THIS ARTICLE
Tokyo
Yoshio Kodama
Lockheed Asterat Corp
Japan
Sunny
Kodama
U.S
Lockheed
Masayoshi Ohira
United States
Independence figure Soliah and Hearst face issues
Steven Soliah and Patricia Hearst are cited as sharing problems in a brief note on Page A-4. Other items include a postal chief warning about disaster without subsidy increase on Page A-12 and Secretary Rumsfeld’s claim about Russian trust on Page A-14.
MENTIONED IN THIS ARTICLE
Steven ‘Soliah
Patricia Hearst
Also Mentioned on This Page
Brown
Cal
B.W. Apple JR
New York Times Service
Florda
Wallace
Carter
Jackson Press
Young Gop
Lebanon
Kobayyat
Congress
Rep
National Cancer Advisory Board
Eppley “Institute
Dal
Robert
Inger- Soll
Tranafer- Ted
Ohira
Tanse AE
Rumsfeld
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