Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-01-01
Pensions N EFFECT
ROCK ISLAND RAILROAD iNAUG-
URATEs SYSTEM WITH
NEW YEAR.
EMPLOYEES OF ALL CLASSES
RETIRED AT AGE OF 70
Train and Engine Men May Retire at
Age of e5-Pension to Be Computed
on easi. of Monthly Earnings Dur
ing service-To Be Paid Out of
Earnings.

Cedar Rapids, Jan. 1.-onicialss at
the Rock Island offices yesterday re-
ceived notice that general pension
system would go into effect on that
system Saturday, Jan. l, 1910. This
report caused much joyful excitement
among the employees in this city, es-
pecially among the men who have been
long time in the service, and there
are many here who have spent a life
time in the employ of the great road
Rules and regulations of the system,
in brief, are as follows:
The benefits of the pension system
will apply only to those persons who
have been required to give their en-
tire time to the Rock Island lines, or
or railroads and express companies
Jointly. In case of such joint employ
ment the board of pensions shall de-
eide the amount of the employees
monthly pay that shall be used in de-
termining the pension allowance.
Who May Be Retired.
All officers and employees who have
attained the age of seventy years shall
be retired.
Locomotive engineers and firemen,
conductors, f1agmen and brakemen,
train Engagement, yard masters,
sWitchmen, roadmasters, bridge fore
men and section foremen, who have at
tanned the age of sixty-five years may
be retired.
Such as have been, at date Of re-
in the service shall be pensioned.
Officers and employees who have
been twenty-five or more years con-
tinuously in service, and who have be-
come permanently incapacitated, may
be retired and pensioned, regardless of
age.
In case an officer or employee claims
that he is or should his employing Of
ficer consider him, incapacitated for
further service, under provisions of
sections and D of this rule, he may
make application or be recommended
for retirement, and the board of pen
sions shall determine whether or not
he shall be retired from the service
| Physical examinations shall be made
OF employees recommended for retire.
ment, who are under 20 years of age
and report thereof with the recon-
mendation of the chief surgeon shall
be- transmitted to the board of pen
sions for consideration in determining
such cases.
4 When Effective.
The pension shall begin on the first
day Of the month following retirement
The terms Service" and "in the
Service" shall refer to employment up
on any of the so-called Rock Island
Hines, and the service of any employee
Ishall be considered from the day since
which he has been continuously en-
|ployed upon any of such lines, wheth-
Ter prior or subsequent to their contro
Tor acquisition by the Chicago, Rocl
Island and Pacific Railway Company
provided, however, that in no case shall
such service be counted for any perioe
prior to Oct 1, 1852.
In computing service, it shall bt
reckoned from the date since which thu
person has been continuously in the
service as shown by the pay rolls, tt
} the date when retired, eliminating il
the final result any fractional part of ;
month.
Leave of absence, suspension, dis
missal followed by reinstatement with
! in one year, or temporary lay-off OF
account of reduction of force, is not t.
be considered as break in the con
tinuity of service.
1 u,ho 1aava tho coryica of thi
company, except as above, prior to re
tirement will not receive the benefit
of the pension allowances.
Basis Of Pension Allowance.
The pension allowances are author
lied upon the following basis:
For each year of service an allow
ance of one per cent of the averag
regular monthly pay received for tn
ten years next preceding retirement
Thus, if an employee has been in tn
service for forty years, and his aver
age salary or wages for the last tel
years was SIS per month, his pension
allowance would be 4G per cent of 81;
or $50 per month, provided however
that in no case shall the allowance 70
employees whose entire time has bee
Igiven to these lines, be made less thai
$40 nor more than $3.50 per month.
In calculating the period of servic
upon which the pension allowance
based, the broken period following tn
completion of a year when it is les
than six months, shall not be counted
when it is moro than six months.
shall be counted an additional year.
No regular sum shall be set apar
as a pension fund The amount re
CURED will be charged out each mont
to operating expenses.
Ancient Relic is Found.
Boone, Jan. bert Stockford, who's