Inter-Mountain Republican | 1909-01-24 | Page 26 | A Pension Plan for Employes is Adopted

f A PENSION PLAN FOR I IS ADOPTED ADOPTED V Chicago Jan A 23 A pension plan r I. I for tor has been adopted b by Butler But- But ler brothers anI and anU goes Into effect today J t h In their Chicago o headquarters and th the branch houses in eight other cities clUes The rho amount of ot the pension is 1 per percent percent cent of the salary for each el S J to year eal of ot actual service 5 o Thus if a n. mans man's average n. a salary for tor foru u the tho last ten years of his service was wasy y r 1000 and ho he has been 25 26 years In Inthe 4 the tho service of the company he ho would I. I r receive 25 per pcr cent of ot that or 01 20 a a. x year i. ear Tho The maximum is 1000 and 10 pensions are payable able monthly for life lite I The ho ago at nt which become i eligible for pension Is 60 CO years ears