Critics push for changes in pension law and ERISA
The piece surveys Studebaker’s 1963 bankruptcy effects and broader pension reforms. It notes low lump sums for older workers, PBGC insurance coverage for defined benefit plans, and the split between private and public sector plans. It discusses ERISA provisions, plan termination rules, multiemployer liabilities, and proposed legislative tweaks to fund deficits and shift insurable events from bankruptcy to liquidation.
MENTIONED IN THIS ARTICLE
Lester Fox
United Auto Workers
Studebaker Corp
South Bend
Ind
Studebaker
Congress
ERISA
Pension Benefit Guaranty Corp
PBGB
PBGC
House
Gerald Cole
Johnson & Higgins
Cole
U.S. District Court
Los Angeles
Shelter Framing Corp
Carpenters Pension Fund
Southern California
US Supreme Court
Capitol Hill
Orrin Hatch
Utah
Niskanen
Market notes on eggs metals and grains from Ohio to New York
In Columbus eggs sold to retailers with large cartons at 70-79 cents, medium 61-70, and smaller lots mixed. Chicago reports wholesale egg prices steady. copper 78 to 81 cents, lead 26-27, zinc 35, tin 66589, aluminum 76-77, gold 238.50, silver 46.73, mercury 370, platinum 3207 per ounce. Also notes grain bids from Lorain County Farm Bureau: wheat 3.21, corn 2.54, oats 2.26, soybeans 6.41 per bushel. A fingernail growth fact, and Otio farm prices.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
New York
Handy & Harman
Lorain County Farm Bureau Eran Grain
Oil rights drawings offer wealth hope in Wyoming program
Castro Valley readers are told hundreds can win oil care rights in Wyoming drawings. Entrants may sell rights to firms and keep royalties on oil gas. Entry costs exceed 25 dollars with a one dollar postage fee. deadline is June 11. Information from K Price Mitchell Co. Castro Valley CA.
MENTIONED IN THIS ARTICLE
Castro Valley
Calif
Sate
Wyoming
Fant Oil
K. Price Mitchell Co
Rockhurst Rd
Dept
Perm
Grains Prices Across Ohio Markets After Week End
Ohio cash grain prices per bushel recorded after markets closed Monday show varied values across regions. Northeast No 2 wheat 3.27? No 2 shelled corn 2.60 No 2 oats 2.27 No 1 soybeans 5.42 Northwest No 2 wheat 3.27 No 2 shelled corn 2.55 No 2 oats 2.07 No 1 soybeans 6.47 Central No 2 wheat 3.32 No 2 shelled corn 2.63 No 2 oats 2.30 No 1 soybeans 6.44 Trend higher for No 2 wheat. No 7 shelled corn unchanged. No 2 oats lower. No 1 soybeans unchanged.
MENTIONED IN THIS ARTICLE
Columbus
UPI
Ohio
Northwest
Otiwio
Creston Livestock Auction Sells 1301 Head At Creston Sale
A Creston sale saw 1301 head of livestock sold by 395 consigners. Prices ranged across calves, sheep, hogs and cattle with various grades and weights, including choice and good calves and feeders, Holstein and beef cattle, and numerous pig and shoat lots.
MENTIONED IN THIS ARTICLE
Creston
Also Mentioned on This Page
William Niskanen Jr
President's Council of Economic Advisers
White Motor Co
Chrysler Corp
International Harvester Co
Prete
Priofits
Rockwil
ST Alls Chal
A&p
Alcoa
Ty Sears
Arm Airlines
Amt&t
Beth Tenney
Armco
Texaco
Timken
Huts Bendix
Sie Kellogg
BethSu
Liz
Pierre RL Smith Co
AmerShip Buktag
Lukens
Mattel
CocaCol
Monsanto
MobilCorp
Ice
Colgate
Motrola
Cleveland Elec
Wheol Gas
S2iethy Nabisco
CPC Inter. Inc
Lear Sieger Hiss
Owenm
Eskoidak
Pepsilo
Parker Hanmfin
PhilaElec
Searle
G.D.) Co
PhilPet
Ty Southern Co
Ford Motor
Iyeras Cuddes
M& Toledo Edison
Woolworth
Gdrich
Revalds
Bt.a
Otio Farms
Cincinnati
Cleveland
Chicago
BusnessMeg
Mutuals
Sell
Amer Wash Mat
Fidelity
Puritan
Invs Vanety
ShoHockVarty
Massfin-Mit
Vanguard Ivest
Vanguard Well
Kumar N. Swamy
Kttissa Mousey, H
Oberlin Ave
Loram
U.S
A.O. Smith
Thermogard
G. W. Barres CO
Barres Lane
Elyria
Lear
FT. Er
Tandy Corporation
Radio Shack
Creston Livestock
Tandy Corp
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