Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-04-10
PENSIONS FOR PROFESSORS
Trustees OF Carnegie Foundation
Outline Conditions Under which
Fund VIII he Distributed.

NEW YORK April 2 sIho trustees of
the Carnegie foundation. who are charged
with administering the NO.OoOOOO gift of
Andrew Carnegie 70 provide pensions for
professors and teachers OF institutions OF
higher learning in the United States and
Canada, met here ,odaS and adopted a
scale OF pensions practically as outlined
in the federal charter OF the foundation
which was formally adopted at the meet
ing.
The income from the fund will be about
$4,000 "A year, and tiiere are on file at the
present time 200 applications from pro-
fessors These and such others as will
come in will be acted upon by the execu-
tive committee aad II is expected that the
pension system will be in actual operation
by JUNE. Besides adopting scale Of re-
firing allowances, the conference defined
what college is, taking the definition
of the state of New York as the basis,
and described the requirements as to non
sectarianism.
No list of the institutions that will come
under the rules was made The rules as
adopted by the trustees make the following
provisions
ANY person 65 years Of age and not less
/ than fifteen years OF service as a pro-
! fessor, who is at the time of his retire
/ ment a professor in an accepted institu-
| tion, shah be entitled to an annual retire
ment allowance, as follows:
For active pay Of 600 or less an allow
ance OF 81 200 shall be granted, providing
| that no retiring allowance shall exceed 80
/ per cent of active pay.
! For active paw greater than Sl,6OO the re-
/ tiring allowance shall equal $1,000, in
81, SO. Co. y ~ ~ $50
! After twenty-five years service. regard
| less OF age. the retiring allowance was
' For active pay of sI.go or less retiring
| allowance of $500 shall be granted provid,
! ing that no retiring allowance shall exceed
! SO per cent of active pay
For active pay greater than sl.6OO the
| retiring allowance shall equal $500 IN
creased by $40 for each 500 of active pay
No person under the age of 65. or who
| has served less than twenty-five years
but the trustees may at their. discretion
pay any person otherwise eligible VINO mas
become incapable of disehargtng duties 10y
permanent injury OF mind or b4uE, an ana a.
/ iowance not exceeding that which he Woulc
Of g. o.
The definition of the character Of the
institutions that will be allowed to com'
under the rules is as follows:
An institution to be ranked as colleg'
must have at least six professors, giVint
their entire time to college and university
work; a course Of four full years IN TN
liberal arts and science, and should re
duire for admission not less than the usua
four years of academic or high schoo
Incarnation or it's equivalent In addition
10 preracademic or school studies. tech
nicai school to be eligibie must have en-
trance. requirements equvaient 10 tno9s 9
Of a college IN point of school preparati tioi
and must offer courses in pure and ap
piled science
sectarianism is described as follows;
ANY school whose charter. constitution
or bvlaws REQUIRE teachers. students o
| trustees to be of a certain religious Dod.
or where strictly denominational tenets o
doctrines are taught shall be deemed secre
tartan.
The application of TIN various institu
tons for admission to4J ~ Aigibls list vii
be considered by the executive committed
which will have supervision of the detail
pending a future meeting Of the entir
board of trustees.