Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1912-11-13
BELL SYSTEM WILL
PENSION EMPLOYEES

fi"fF'NfNV" tol p'HhiVhH, BIN u'uf-
fits and life Insurance will be avail
able on January !. for the l75. 900
employees Of the Bell System and az
ISOLATED interests and their families
and dependents. amounting altogeth.
or 10 more than quarter Of mil
hon people
This ,l0.0O0.o0o fund viii ae
made good from year 10 year BY an
nual appropriations on the part OF
the American Telephone and Tele-
graph company and associated com
panies and tho Western Union Tele-
graph Company and the Western
Electric COMPANY
The plan Tor the Use ibutign Of
this fund has been Characterized as
the most liberal. comprehensive and
IDEAL ever inauguratet President
.T y Vail has provided combined
benefits Tor approximation, sick
ness. accident and death. FOR an IN
dustrIal army more than twice as
large as The standing army Of tho
United States
This provision is made entirely az
the expense Of the various companies
Interested. without contributions OF
any kind from the employees them
selves The application OF these va
ried benefits viii be- strictly Demo
cratic aud viii be for the benefit of
IAN employees OF every rank The plan
viii provide for free change OF en-
ploymout from one company 70 an
other. with full credit for combincd
terms OF service.
The Ecll system and associated in
forests provide employment FOR about
1885, 600 people. OF this number i3o,-
600 are employees Of the Bell Tele-
phone system The total yearly pay
for the whole group is about Sll5.-
00o 600 something over $4,000. 00o
being paid out 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- sum
marized az follows
Pensions Male employees who
have reached the age OF sixty years
and who have been twenty years or
more in service. may retire on pen
sions They may be- retired az the
option of the company when they
have reached the age OF fif,y-five
years aud have been twenty five
years or more In service. The pen
sion age Of female employees Is IN
each case. five years younger than
that OF the male employees Any ON
ployc who has been thirty years In
service. regardless OF age, MAY be
pensioned on the approval OF the
president Of the company
Tho amount of the pension Is al
iomatically based on the years ot
service and the amount OF pay, and
will be- one per cent OF the average
annual pay for ten years. multiplied
by the number OF years OF service
Therefore. man who has been 30
years In service would get 30 per
cent of the average salary which ne
has been receiving during his last I o
years of service. No pension will be
less than SEQ a month
Accident Disability Benefits: In
the case OF accidents occurring in
aud due 10 the performance OF work
for the company. the employe will
receive for total disability. fun pay
for thirteen weeks and half pay for
the remainder OF disability up 10
sciX years II the disability is tenn
porary. he will receive full pay for
thirteen weeks and half pay until
able To earn livelihood, not exceed
ing six years
Sickness Disability Benefits En-
ployes who are disabled by sickness
or accident outside Of the regular
course OF duty. after ten years or
more in service. will receive full paw
for thirteen weeks and half pay for
thirty-nine weeks n from five ~,
ten wears in service. full pay for =
weeks and half pay for Is weeks,
II from two to five years in service.
heads OF departments will be per
mitted the same discretion as hereto
fore. in continuing pay during tenn
porary illness
Life Insurance. In the case OF
death resulting from accident in and
due TO performance OF work for the
company, an insurance amounting 20
three years pay. will be paid 20 the
dependents OF the employe. the max
imum payment being $4,000.
In the case OF death resulting from
sickness or from accident outside the
business, the payment will De one
years pay for employees who have
been ten years or more In service.
and one half OF one years pay FOR
employees who have been from five
10 ten years In service. the maximum
payment being $4,000
II any state status provide for
more liberal compensation than is
provided under the benefit plan. the
statutory provision will prevail.
Where the employees have legal
right. as in some accident cases.