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Show Serials Order Department Utah of University Mll2 City OF UTAH LiSRAirs DEC 101973 4 Pensions Safeguard Act Seen This Year No -LWASHINGTON. (UPI) which would guarantee egislation the pension rights of millions of American Workers, bogged down for some time in a jurisdictional dispute between two house committees, has been postponed until next year. But Rep. Ray Madden, chairman of the House rules committee, said the legislation-desig- ned to make certain workers who contribute to pension plans for a certain amount of time do not lose their rights if they leave the company would be the first order of business when congress returns for its next sessioA in late January. Die Senate has already passed pension reform legislation. In the House, the education and labor committee has completed work on the bill and the ways and means committee is expected to report its version perhaps as early as next week. Pension reform had been delayed in the House because of a dispute between the two committees over jurisdiction of the legislation but that dispute has been largely ironed out. Members of both committees met D-In- with Democratic leaders. out the timetable for consideration of the legislation and agreed there was not time to take up the bill before Congress adjourns for the year. Both the Senate and House versions of the bill are designed to force pension programs to pay November 28, Gives Nets One Half Hour, Limits Another WASHINGTON workers at least a fraction of their pensions after they have worked a minimum number of years. Studies have shown that only a minority of the 38 million workers covered by pension plans ever receive a pension. Some companies require workers to remain on the job with the same company to age 60 or 65 before they can receive a pension. Utah Supreme Court Decisions See details page 4 - fUPI) The Federal Communications Commission (FCC) has given network of television stations a half-hour prime broadcast time free of program restrictions; but placed limitations on another half-hoprime time segment. The ruling affects network affiliates in the top 50 broadcast market areas covered by prime time rules, the FCC said. A National Broadcasting Company (NBC) spokesman in New York issued a statement describing the ruling as a sound adjustment in the prime access ride that recognizes the various public interest involved. Under the new rule, there will be no specific restrictions on ur programming by the affected stations between 7 T.M. and 7:30 P.M. Eastern Time and Pacific Dme, or 6 P.M. and 6:30 P.M. Central and Mountain Times. The ruling places specific restrictions on programming from 7:30 P.M. to 8 P.M. Eastern and Pacific Dmesor 6:30 P.M. to7 P.M. Central and Mountain Times. The affected stations must devote FPC Prodding Utilities Into 10 Cutback - WASHINGTON The (UPI) federal government has ordered the nation's major electrical utilities to determine by December 15 the feasibility of a 10 per cent power reduction. The directive from the Federal Power Commission (FPC) went out to 1,000 to 1,100 electrical utilities, November 20. It requested a report on how much power could be saved and what methods would be used. The FPCs staff had estimated there could be a saving -- f 2 billion kilowatt hours of electricity in seven days, simply through actions of the utilities themselves. The FPC does notr have the power to order the utilities to cut back, but the President has some powers along that line, and will have more when Congress finishes an emergency energy bill. A spokesman for the FPC said utilities can do several things to reduce need and demand for electricity. The techniques could include, the spokesman suggested:. Public appeals to customers to cut back their use of electricity. the utilities Changing management techniques to make sure they are running efficiently and not wasting electricity. with state Agreements regulatory agencies on ways to require customrs to reduce use of electricity. Hookups between regions so that if one area's utilities can't keep up with demand, another area can a reasonable amount of prime time each week Monday through to Saturday s program, and at least six in restricted the of this must fall time slot. said. half-hour- Business Exchange, Inc., the larg- est trade company in the United States, has opened an office in Salt Lake City, Business Exchange of Utah. Business Exchange, Inc. now has offices in over 25 metropolitan areas of the United States, as well as a new office in London. It is the only business trade company that crosses state boundaries for goods and ser- vices for members. In September of 1973, Business Exchange, Inc. offered 165,000 shares of common stock to the public. Seventy percent of the money from this sale of stock will be used to open new trade offices. Business Exchange of Utah already has approximately 150 members representing 74 business classifications. The Utah franchise is held by Jerrold Morgan, who is a well established realtor in the community. Business Exchange of Utah is located at 555 East 4th South in Salt Lake City. The Area Director is Creig Bingley, who has been associated with Business Exchange, Inc. for the past year and a half. Lawmakers Told Polygraphers Need Licensing SACRAMENTO (UPI) -P- olygraphers have called on the California legislature to license lie detector operators in an attempt to prevent incompetents from posing as experts by merely purchasing a $13 Mickey Mouse gadget. But members of an Assembly committee, during a hearing, November 26, expressed concern that a bill supported by the and American California Polygraph Associations might act to eliminate competition in the lie detector business. Proponents contended the measure would weed out incompetents and assure a standard of high quality. Witness after witness told the Assembly judiciary subcommittee on the right of privacy that use of lie detectors is increasing, especially by security-consciou- s employers such as drug manufacturers. Noting there is no state regulation of lie detector operators, the witnesses said virtually anyone can pass himself off as' an expert merely by buying a $13 Mickey Mouse gadget. There is nothing stopping anyone in this room from tomorrow hanging out a sign and saying, I'm a polygraph examiner, said Richard D. Paterson of San Francisco, chairman of the board of the American Polygraph Association. Paterson and other witnesses warned that in the hands of an incompetent operator the lie detector could wreck the lives of innocent possibly costing them persons their jobs or sending them to jail. g At the hearing at which no vote was taken, Paterson testified in favor of a bill by Assemblyman Robert Beverly, Beach, that would put the state in the business of establishing standards and licensing polygraphers. Among other things, any new polygrapher licensed by the state would have to hold a degree from n four-yecollege and be gradualeu d from a polygraph examiners courses. The bill, in effect, also would fact-findin- ar help with interconnections. One source said some utilities are putting out advertisements and other messages to consumers saying there is nothing to worry about that electricity is plentiful. That may be true for some areas, but it is not for others, the source non-netwo- rk Business Exchange, Inc. Opens In Salt Lake a to work FCC THURSDAY, DECEMBER 6. 1973 SALT LAKE CITY, UTAH VOLUME 17, NUMBER 223 a state-approve- Lincoln National Opens Salt Lake Pension Office grandfather in the estimated 200 polygraph examiners current1 practicing in California, many of whom were not college graduates and who had not taken a forma1 course of polygraph examination. current those However, examiners would be required to pass an examination administered by a proposed polygraph examiners board in order to continue prac- Michael G. Collins is a skilled Group Insurance and Pension Consultant with the ability to work effectively for and with business organizations and their employees. Mike is a native Californian and a graduate of Thunderbird Graduate School of International Management, Phoenix, Arizona. His experience and technical expertise, coupled with Lincoln Nationals continuous pioneering efforts, are your assurance of outstanding consultation and service for your Group activities. He wOl beiooking forward to working with agents, brokers, and Group Insurance clients in your area. ticing. But Chairman Charles Warren, Angeles, and Assemblyman Edwin L. Zberg, voiced concern that once a licensing board is established, it could adopt tougher and tougher standards and thus exclude potential competitors from entering the business. Warren said the legislature is concerned that licensure should be granted only when a demonstrated public need is shown, and the D-L- os Gimbels Agrees To Prohibition lawmakers must weigh On Lease Type - The (UPI) Federal Trade Commission and Gimbel Brothers Inc., of New York have agreed to a consent decree that would prohibit the department store from making WASHINGTON Gimbels to prevent obviously objectionable retail outlets such as pornographic shops, the com- mission said in an announcement Thursday. anti-competiti- lease agreements in shopping centers. The Commission said it was the first time any restriction has been imposed against the making of leases. alleged In agreeing to the decree, Gimbels made no admission of wrongdoing. Gimbels, one of New York City's largest department stores has retail outlets in shopping centers in Pittsburgh, Philadelphia, Milwaukee and Long Island, N.Y. The Commission said the decree prohibits Gimbels from setting requirements fop the types, sizes and location of other retailers in common shopping centers. The Commission said the decree also forbids the department store to set range of prices for competitors in common shopping centers. Die consent decree does permit Urges Policies For All Drivers TOWNSHIP, N.J. (UPI) Companies selling automobile insurance ought to be required to sell to all eligible applicants, eliminating the need for assigned risk pools, Crum & Forster Insurance companies have asserted. The group, a major factor in the fire casualty insurance industry, d sent a proposal to insurance companies and brokers, November 26, supporting its MORRIS 6,000-wor- position. It said the insurance business is how the only remaining large business dealing directly with the public that clings to the right to pick and choose its customers. i what economic considerations might be involved. The witnesses, however, denied the proposal would eliminate competition and insisted it would protect the public by guaranteeing lie detector expert that a actually was expert. so-call- ed SEC to Require Firms Disclose Tax Accounting WASHINGTON - The (UPI) Securities and Exchange Commission has adopted a rule to require corporations to disclose more information about how they arrive at their tax liabilities. H takes effect December 28. Investors will be able to distinguish more easily between one time and continuing tax advantages enjoyed by a company and to appraise the significance of changing effective tax rates," the SEC said, in announcing the rule, November 28. |