The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1912-11-11
BELL SYSTEM TO
$IO,OOO,OOO
FOR PENSIONS
Male Employees Will Be Retired
at so Years, and Women
at IS Years
PROVISION is MADE
FOR ACCIDENTS, TOO
Beneficiaries Are Not Required
to Contribute Anything
to Fund
PROVISION is MADE
FOR ACCIDENTS, toe


A fund OF $10,00O.O00 for pensions
sick benefits and life insurance viii
be available on Jan /, for the 175,00(
employees Of the Bell Telephone sys
tenn and associated interests, anc
their families and dependents
Amounting altogether 10 more than Q
quarter OF a million people.
This 100000 fund will be made
good from year to year by annual ap
preparations on the part Of the Amer
lean Telephone and Telegraph com
pany and associated companies, and
the Western Union Telegraph CON
pany and the Western Electric com
pany.
This provision is made entirely al
the expense of the various companies
interested, without contributions OF
Gny kind from the employees them
selves.
The Bell system and associated in
terests provide employment for about
$4,000 people. The total yearly pay
for the whole group is about $115,
O00, 900.
The terms by which provision Is
made for the needs of age, illness. &C.
cidents and death, may be summar-
izsd as follows
Male employees who have reached
the age-of Go years and who have
been 20 years or more In service, may
retire on pensions. They may be re
tired at the option OF the company
when they have reached the age oil
90 years and have been % years or
more in service The pension age OF
female employees Is in each case five
years younger than that OF male EN-.
ployees. Any employee who has been
80 years in service, regardless OF age
may be pensioned on the approval oil
The president OF the company.
The amount OF the pension Is based
on the years OF service and the
amount of pay, and will be per cent
Of the average annual pay for ten
years, multiplied by the number OF
years OF service. Therefore, man
who had been 80 years in service
would get 80 per cent OF the average
salary which he had been receiving
during his last ten years OF service.
No pension will be less than $40 q
month.
In the case OF death resulting from
in the performance OF work for the
company, the employee will receive
for total disability. full pay for IL
weeks and half pay for the remainder
OF disability. up to six years.
II the disability Is temporary, he
will receive full pay for 13 weeks and
half pay until able to earn a liyeli-
hood, not exceeding six years
Employees who are disabled by sick
ness or accident outside of the regu-
lar course of duty after 10 years or
more In service, will receive full pay
for Is weeks and half pay for SO
weeks; II from Ave 10 10 years In
service, full pay for IL weeks and
half pay for 13 weeks: II from two TO
FIVE years in service. full pay for four
weeks and half pay for nine weeks.
In the case OF employees who have
not been two years in service, heads
OF departments will be permitted the
same discretion as heretofore, in con
tinuing pay during temporary illness.
In the case 70 death resulting from
accident in and due TO performance
OF work, an insurance amounting TO
three years pay, will be paid to the
dependents of the employe, the maxi
mum payment being $1,000.
In the case Of death resulting from
sickness or from accident outside the
business. the payment will be one
years pay for employees who have
been 10 years or more in service, and
onehalf of one years pay for EN-
ployes who have been from five TO 1U
years In service. the maximum pay
ment being $1,000.
II any State statutes provide for
more liberal compensation than Is pro
vided under the benefit plan, the stat
utory provision will prevail. Where
the employees have legal rights. as In
some accident cases, they will have
the option Of exercising such rights or
accepting the company's benefits.
In announcing the new pension. dis
ability and insurance plan, President
B. K. Sunny says:
The Ave Bell telephone companies
with headquarters In Chicago-the
Chicago Telephone Co., Central Union
Telephone Co., the Cleveland Tele'
phone Co., Michigan State Telephone
Co., and Wisconsin Telephone Co.
will adopt the pension, disability bene-
fits and insurance plan in behalf OF
their employees.
The approximate number of EN-
ployes In the five companies operat.
ing In the five state OF Illinois. Wis
-eonsin, Indiana. Michigan and Ohio Is
20, 900.
The pension, disability and insur-
ance plan now put out by the tele-
phone companies Is another evidence
OF their determination TO retain the
services OF their employees who can
give the best results, and to look after
these employees when they are dis
abled, or are no longer able to work
MAN STRUCK BY ENGINE:
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