The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1912-11-12
PENSIONS FOR
ALL EMPLOYEES
FUND OF s10,0OO,ooo FOR PENSIONS,
SICK BENEFITS AND LIFE IN
suRANcE FOR THOSE WHO
WORK FOR BELL TELEPHONE
SYSTEM.

WORK FOR BELL TELEPHONE
SYSTEM.
A fund OF. $780, 600, 600 for pensions,
sick benefits and life insurance will be
available on Jan. 1, for the $4,000
employees OF the Bell system and as
ISOLATED interests and their families
and dependents. amounting. altogetn7
cry. to more han $4,000, 900 people.
This $40, 5000 fund will be made
good from year to year by annual ap-
preparations on the part of the Amer
can Telephone & Telegraph CO.. ana
Associated Bell companies, and the
Western Union Telegraph Co. and the
Western Electric Co.
The plan for the distribution OF THIS
fund has been characterized as the
most liberal, comprehensive and ideal
ever inaugurated, Pres. 4. n. van
has provided combined benefits for
superannuati6n, sickness, accident
and death, for an industrial army
more than twice as large as the stann-
ing army of the United States.
This provision Is made entirely at
the expense of the various companies
interested, without OF
any kind from the employees them
selves. The application of these var
led benefits will be strictly democrat
ic and will be for the benefit OF all
employees of every rank. h plan
will provide for free change OF ern-
ployment from one company to an
other, with full credit for combined
terms of service.
More than 1000 employees Of the
| Northwestern Telephone Exchange
Co, the Iowa Telephone Co and the
Nebraska Telephone Co, three com-
panies now operating as a working
unit throughout Minnesota, the Da-
kotas, Iowa and Nebraska. will be at
fected by this plan. The pension
benefit is retroactive, affecting en-
ployees now working for all Bell
companies.
The Bell system and associated in
~terests provide employment for about
lis, 900 people; OF this number 10000
are employees of the Bell telephone
system. The total yearly pay for the
whole group Is about $i15,0 600.
something over 8 0.000,000 being paid
cut in wages by the Bell telephone
system alone.
The terms by which provision is
made for the needs of age, illness,
accidents and death, may be sunnmar-
lied as follows:
Pensions.
Male employees who have reached
the age of sixty ear and wlfo have
been twenty years or more In service,
may retire on pensions. The may be
retired at the option of the company
when they have reached the age OF
55 years and have been twenty-five
years or more in service. The PEN
sion age OF female employees is in each
case Ave years n than that OF
male employees. ANY employee who has
been thirty years in service, regardless
of age, may be pensioned on the ap-
prevail OF the president OF the o II
pany.
The amount OF the pension Is auto
matically based on the years of seFv-
ice and the amount of pay, and will
be / per cent of the average annual
pay for ten years, multiplied by the
number of years in service. There
fore, a maj who had been thirty 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
$50 a month.
Accident Disability Benefits.
In the case OF accidents occurring in
and due to the performance of work
for the company, the employe will re-
ceive for total disability, full pay for
thirteen weeks and half pay for the
remainder of disability, UP to six
years.
If the disability is temporary, he
will receive full pay for thirteen weeks
and half pay until able to earn a liveli-
hood, not exceeding six years.
Sickness Disability Benefits,
Employees who are disabled by sick
ness or accident outside of the regular
course of duty after ten years or
in service, will receive full pay for
thirteen weeks and half pay for thirty.
nine weeks; If from five to ten a
in service, full pay for thirteen weeks
and half pay for thirteen weeks; IL
from two to five years in service, full
pay for four weeks n half pay for
nine weeks. In the case OF employees
who have not been two years in serv-
Ice, heads of departments will be per-
mitted the same discretion as here
tofore, in continuing pay during tenn
porary illness.
Life Insurance.
In case OF death resulting from ac-
cident in and due to performance OF
work for the company, an insurance
amounting to three years pay, will be
paid to the dependents OF the employee,
the maximum payment being $4,000.
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 ten years or more In service, and
of one years pay for EN-
ployes who have been from five to
ten years in service. the maximum
payment being $4,000.
EM To - a cfAtzN%nA M4aTAnNySAA &Ars