| Show il Twentieth Century C Plan lan of or Jag 1111 Faithful Railroad The Thi retirement of ot OO emPlOYee of ot the Illinois Control railway on oh pension un under dir der l r n a plan approved by b Fish Joish anti anil General Harahan calls for tor or a n revision of ot the and generally accepted 1 ton that have no souls say It the tUo Chicago Tribune The n of this Ull plan for Ing Jog for old oh and faithful whoso ho o ago sige has hns Impaired their usefulness to the O Is II not nol only ani an nn Interest InterestIng tug Ing In object In dealing with but hut an experiment experiment ment mont in practical economics that U lit upon IrIOn round dense It not no only otil layes AY the h superannuated I employ from ruin want but solves olve an un problem In a 1 way WI that t secures to thu road the fidelity and anti highest service ot of atthe the time younger men In Its employ lId r this plan the pensions paid by bythe bythe bythe the Illinois Central are based 1 on thu timi average monthly pay IO of ot the th during the last ten en years yearn of or their ser eel service eelI service vice I they being allowed I Iper per Cent ent of this amount for tot each Illch year yonI of 01 their total service If It one of the themen men lien retired line hUll been lieen employed by the tho road forty fort yearn eare and his average pa JIll for fr time the last lut tIll ten years yeats has born been a It month his pension will be he 10 IG per pr cent of ot 1100 or 10 0 a II month Time The age limit limits Is s fixed nt at 70 10 years at nt which all o li lire re cern eef r and employee must bo be retired retiree between bet cn the nc at of or Cl ft to o 70 years who are lire Incapacitated by b age uge tom foi further service may mn bt be bt retired on h a I lon on a n finding of ot the lh pension board created celio fur for putting Into Inlo practical practical cal II operation this thin pension system A more snore liberal plan than thin for tor making provision for old employee has hns lever been adopted by nay av corpora corporation Ion tion lon Those who are arc unwilling to con code any ll humanitarian Impulses to it S I railway rai corporation will wi at itt It least Insl have hl 8 t to 0 admit that the Ihl n plans adopt o ad l by tho time Illinois Central and the cao engo and lUll egret a so o of ot the problem of what to do with wih the time railway employ whoso age ale ha hll line made mOI It to tor render atlon r effective service for or time corpor corporation |
