Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-12-29
PENSION SYSTEM ADOPTED.
Washington Railway and Electric EN-
ployes the Beneiciaries.

The Washington Railway and Electric
Company and its allied companies have es-
tablished a new pension system to take
effect Januray'1 next This system is the
result of long work, it is declared and it's
principal hacker was Gen. George II. Har-
ries vice president of the company. EN-
ployes who have attained the age of sew
enty years, those who have worked con-
tinuously for twenty years more in the
service of the company, and those who be-
come physically disqualified by reason of
injuries received in the line of duty. will
be benefited by this newly created pension
system.
The railway company has appropriated
the sum OF 5000 annually to defray the
expense incurred in paying these pensions.
AS soon possible board will be named
whose main duty will be to consider and
sion system. The number of members of
this board has been fixed at not less than
five and not more than SEVEN and they
will be appointed by the president of the
company to long as he deems
best.
Any employe in the service of the COM
pany next Tuesday who shall at that time
be a member of the Washington Railway
Relief Associa ton, or who shall become a
member of that association before June 80.
1907. is eligible. it is stated. for a pension
allowance, provided he remains member
until his retirement or has been declared
ineligible to membership by the officers Of
the association.
The employees benefited are those who
are employed by or in connection with any
of the railroads operated by the Washing
ton Railway and Electric Company, or it's
allied lines, and also the Potomac Electric
Power Company. so that the service of any
such employe shall be considered as con-
tinuous from the date upon which he has
IA n With
such railways or companies.
Arrangements have been made whereby
the board shall appoint one more physi-
Clans who will examine the member max
ing application for a pension. The allow
ances paid the employees after all formali-
ties have been complied with, are as fol-
lows:
If service in the company's employment
shall have been continuous for thirty-hve
years more. 40 per cent per annum in
equal monthly installments. Of the average
annual wages for the ten years next pre-
vious to retirement.
If the service has been continuous for
thirty and less than thirty-five years. 30
per cent per annum, in equal monthly In
for the ten years next previous to retire
ment.
If the service has been continuous for
twenty-five and less than thirty years, %
stallments of the average annual wages
for the ten years next previous to retire
ment.
II the service has been continuous for
twenty and less than twenty-five years. 20
per cent per annum. in equal monthly in
stailments of the average annual wages for
the ten years next previous to retirement.
The same basis of payment to apply to all
employees who are retired at the discretion
of the pension board.
Pension allowances may be revoked by
the board upon conclusive proof Sat the
recipient has been guilty Of misconduct of
which the board shah be the sole fudDe
An attractive booklet has been issued by
the company. covering all the formalities
of the pension system. and will be dis
tributed among all those interested.