OCR Text |
Show Thrift Fund Has Three Million Gift Employees of Standard Oil Co., (N. J.) including nearly 5,000 men and women on military leave are receiving a special gift of ap-proximately ap-proximately $3,800,000 from the management. This contribution is in addition ' to company funds regularly de- ; posited to the credit of employees t under the thrift fund plan. ....... ; Under this arrangement, inau- ' gurated in 1936 to help workers h. achieve old-age and financial se ; curity, the employee may save up ;.. to 13 per cent of his current pay -and the management matches the first three per cent of his savings, dollar for dollar, and adds 50 cents on the dollar for the remainder. |