U S Favors Plans Despite Cost to Government
A presidential committee led by Secretary of Labor Willard Wirtz finds private pension plans rising fast and costing the federal government about a billion dollars yearly in tax concessions. The group urges continued support, noting plans cover about 25 million workers and pay out $2.75 billion annually to nearly 2.6 million beneficiaries. It cites private retirement funds growing from $12 billion in 1950 to over $75 billion now, projected to $235 billion by 1960, with accumulated reserves over $75 billion and annual accumulations of $6.5 billion.
MENTIONED IN THIS ARTICLE
Washington
Lator Wy Willard Wirlx
Wthus
Thresher Sub Proposals Slowdown in Tax Concessions
The Thresher attack submarine faces delays in its Polaris missile program as a Senate committee recommends tightening private pension plans and curbing tax concessions. Proposals include portable pensions, cash refunds, protection against termination, and limits on stock investments, with emphasis on safety and public subsidy limits.
MENTIONED IN THIS ARTICLE
Conti
Washington
Thelattack
Thresher
Navy
Cheotehiadl
Ince
Fis
Pension Plans
Tas Committee USA
Individwal
Yale
Jstack
Ial
Oatto
Treasury Capelay Rilion
Anthony J. Celeveaze
Burtget
Pireetor Kermant Gordon
Walter Woiteller
The
Council of Reaonue
William. Martin
Board of Governors
Federal’ Reserve System T
William L. Cary
Recurliles and Exchange Commission
Meller Jinsberg
Gardner Ackley
Cary
Manuel 1
Rohen
Viet Cong ceasefire eases Viet Nam violence amid new year
In Saigon, Viet Cong declared a seven day ceasefire for the Tinai new year. Heavy fighting paused as government and rebel forces prepared for the holiday. Youth groups criticized the Wednesday coup. calls rose for Nguyen Chanh Thi to lead. The episode followed broader tensions and military readjustments across the country.
MENTIONED IN THIS ARTICLE
Saigon
South Viet Nam
Wartorn Sam Viet
Vrondenst
Spigan
Nguyen Khanh
Huang Iil
Bc Ee
Navy
Tim
Khanh
Offical
Mutiny among Tommys at English pub shocks garrison
Fragmentary UPI report from UARNARD CASTLE England notes twelve Loyitt Regiment soldiers faced mutiny charges after officers alleged they refused to obey during an exercise at a pub. The damaged text also references exchange of questions about items and rent, with unclear local notices.
MENTIONED IN THIS ARTICLE
Uarnard Castle
England
UPI
Loyitt Regiment
Tylang
Fragmentary Notice From San Antonio Post Office Filing
A damaged OCR fragment from the Hearst Corporation related to San Antonio Texas shows garbled names and an address 73 Broadview Avenue, with a 78705 ZIP code. The text mentions Second class postage and a filing reference, but details are unreadable.
MENTIONED IN THIS ARTICLE
San Anton
Antonia Garalte
Hearst Corporation Rechiation
Also Mentioned on This Page
Penneys
Zantrel
McCall's
Pensny's
NERS
Northwest Center
Fis Ae
ACR
McCraluss Plaza
Predericksburg
Terrell Plaza
Austin Highway
Downtown
401
Houston
Wil & Pam
Penney
U.S
Jionor
Lincoln (Ap
James Fi. Webh
National Acrimandas and Space Administration
Nebraska Weeleyannversity
Eririny
Dacre
Deus Yu Ruaetya
George Washington
Dave
Teach
Pawlaris Sr
Inia
Hytters
Sched- Wes
Catymis
Coverenge
Werhaul
JMC
Wiaoufa II Agtaseta
Tore
Matin
Texas
Smith
Austin
San Amtonio
Suneavec
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