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Press Telegram in Long Beach, California

27 Feb 1973

Page 7

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Press Telegram February 27, 1973 Page 7 old newspaper archives

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Press Telegram

Location

Long Beach, California, United States of America

Date

Feb 27, 1973

Page

7

Bill to fix inequity in vested pension rights plans

The piece profiles Iris Kwek of Detroit and other workers facing long vesting rules in private pension plans. It outlines proposed reforms by Senators Javits and Williams and administration ideas like the rule of 50, detailing how vesting affects retirement benefits and job mobility across industries and companies.

MENTIONED IN THIS ARTICLE

Zuckerman National Bureau Washington Iris Kwek Detroit Anaconda American Brass Co Kwek Chile Salvador Allende Jacob Javits R-N.y Guy H. Nichols Cincinnati Ohio Nichols General Electric Co Independent Press-Telegram Ed Zuckerman New York Javits Harrison Williams D-N.j Anaconda Company Senate Nixon Labor James Hodgson Hodgson Hoditson Douglas Hunter American Life Convention Life Insurance Association of America
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Press notes sought by Nixon committee

The Nixon reelection committee obtained subpoenas ordering about a dozen reporters and editors to turn over notes and private material on stories about the Democratic National Headquarters bugging. The subpoenas target The Washington Post and other outlets, seeking information interviews produced statements.

MENTIONED IN THIS ARTICLE

Washington Nixon Reelection Committee Tapas Washington Post White House POST Katharine Graham Howard Simons Carl Bernstein Bob Woodward Jim Mann Kenneth Wells Parkinson Washington Star-News New York Times Time Magazine Parkinson
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The Country Parson Calls For Vesting Standards

The Country Parson argues that vesting standards would be welcomed in any form. He contends that a well designed mandatory minimum vesting requirement for retirement plans would make a valuable contribution toward safeguarding pension assets and ensuring fair access for insured plan participants.

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Pension vesting debate cites various formulas

Hunter endorses the Williams-Javitts bill as a reasonable formula to reduce pension expec tations of employees and mentions alternative options. He notes the Nixon administration rule of 30 as another plausible mandatory vesting approach, calling it a reasonable form. Nest: The fine print conspiracy.

MENTIONED IN THIS ARTICLE

Hunter
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