Evening star. [volume] (Washington, D.C.) 1854-1972, 1914-12-11

class A may be retired on pension
either at their own request or at the
discretion of the committee. Employees
| in classes and may be retired on
pension only at the discretion of the
committee, and with the approval of
| the president or vice president.
| Glass A-Employes whose age is
| sixty years or more females fifty-fve
| or mOre), and whose term of employ
| ment has been twenty years or more.
Glass B-Employes whose age is tif
| ty-five to ffty-nine females fifty to
! fifty-four), and whose term of employ
ment has been twenty-five years or
| more.
| Glass C-Employes whose age is less
than fifty-five years (females less than
fifty, and whose term of employment
has been thirty years or more.
'Class D-Disability pension.
| ANY employe whose term of employ
ment has been fifteen years or more
and who becomes totally disabled by
ton of the committee and with the APP
| prevail of the president or vice presi-
dent. be granted a disability pension
which shall continue for such period
only as the committee may decide.
| Scale of Pensions.
1.-The amount of the annual pension in
any of the above cases is per cent of
| the average annual pay for ten years
| multiplied by the number of years in
| the employees term of employment.
For example, an employee whose term
| of employment at the time of retire
ment has been thirty years and whose
| average pay for ten years has been
| $500 year will receive an annual
! pension equai to so per cent of $500.
or $3.50, payable III monthly amounts of
$3.50.
THE minimum pension is $50
month, but this is not to apply to dis
ability pensions granted to employees
| of less than twenty years service
| to pensions granted to 'part-time' EN-
ployes.'
He emphasized the fact that the plan
makes provision for taking the aver
age annual pay for ten years in COM
putting the pension: Such tenyear
period is either the last ten year
period or it may be the ten consecu-
tive years during which the employee
received the highest wages. This
arrangement" he explained. lis valu-
able in the case of an employe who, on
account of his age, may have been re-
tanned in active employment at wage
| lower than formerly received.
by this plan an employe as he grows
older can accept less ardous duties
with lessening pay without thereby
being deprived of pension based upon
| his best ten years record The opera
| ton of this feature of the plan is no
doubt responsible for the fact that
approximately but % per cent o the
employees eligible to pension have been
|
this time.
System of Benefits.
| an addition to this pension feature
we have the benefit part While many
of the employees may not arrive at the
pensionable age, practically all are
eligible to enjoy the benefit.
1.-The accident disability benefits are:
Total disability, full pay thirteen
| n ca Ma n he
| Il week after six years of benefit pay
ments.
Partial disability, for first thirteen
weeks, 100 per cent of loss in earning
capacity; for remainder of dsa bility,
! so per cent of loss in earning capacity.
/ Period of payments not to exceed six
years in all
] Sickness disability benefits begin on
the eighth calendar day of absence
on account of sickness. and are as
| follows:
employment has been ten years or
more. full pay thirteen weeks, half
pay thirty-nine weeks.
| "tb) For employees whose term of
p1oyment has been five years or more
but less than ten years, full pay thir-
teen weeks. half pay thirteen weeks.
| "(b) For employees whose term of EN-
ployment has been two years or more
but less than five years, full pay four
weeks, half pay nine weeks.
Benefits are not provided for sickness
of employees OF less than two years SerV-
ice. In such cases the company may
establish practices from time to time.
Scale of Death Benefits.
death benefits are payable only to
wife Cor husband) or dependent rela-
tives of deceased employe, and are:
| (a) Sickness death benefits-If employees
term Of employment has been ten years
| or more, one years pay, not to exceed
| $4,000; if employees term of employment
| than ten years, six months pay. not to
exceed $4,000. (b) Accident death bene-
fits-Three years pay, not to exceed
| $4,000, and the necessary expenses of
burial, not to exceed $3.50.
This plan has been in operation for
nearly two years. and the following fig
ures show the extent to which it has
operated:
Number of employees, $4,000.
During the year 1913. the first and
| only complete year, there were consid-
cred 16,054 cases, at cost of little
| over one million dollars. During the
year 1918 approximately 100000 days of
disability on account of sickness and ac-
cident were compensated for, the average
| being approximately twenty-five days per
case.
During the year 1913 there were 216
cases of death, in SO per cent of which
there were dependents to whom benefits
| were paid amounting to more than
$225 900.
Female employees constitute little