The sun., 1916-09-11
GREAT NORTHERN
TO GIVE PENSIONS
system Based on Service Is to
Go Into Effect Next
Saturday.

A pension system Of unusual interest
has been adoptcd by the Great Northern
Railway Company for tho benefit OF 'ts
employees. 1t IL the work largely OF q
representative of the workers. w. j. NC
Mii,an, president of the Great northern
Employees Veterans Association ana q
conductor OF ,hirty-e'sht years service
on the road, and tho announcement mat
the system would go into effect on sep
tember rs also came from Mr.. McMiilan
after his plans had received the approval
of Louis w. Hill. president Of the a
The plan l. also n memorial to James
J. I'M, late president OF tho roam. VINO
died abo II three months ago. VINO IN Ms
long conduct OF the aft OF tlU Great
| Northern had probably u larger ac-
au%aintanceship with the men Of his lines
| than any other railroad head in the
| country. TIL day tho system Will be-
come effective Is the anniversary or Mr..
Hilrs birthday. and formal announce
nent OF 4, will he made then ut the an
| nuai dinner Of the veterans association
In ST. Paul.
Pensions Nm sed on service.
Mr.. Mcmillan, who 1. n conductor oil
the fast mail between 81. Paul and the
Pacific coast. has worked over the plans
FOR the pension system for three years.
lie had many conferences with the late
Mr.. Hlll. but was unable to complete all
tho details before the latter's death.
/ After several recent conferences with
Louis w. lIill the plans were approved.
The pensions are based on service.
Every officer, except those holding eX-
ecutive positions. and all employees
30 years old shall be retired. and all Of
hcers and employees who are 65 years
old may be retired n they have been In
the service. OF the company for twenty
years. Officers n employees OF TWEEN.
ty-iyc years service who have become
permanently incapacitated for railroad
work may be ret red without regard to
age and the acceptance OF a pension will
not debar retired employees from cngag-
ing in other work.
For each year OF service an allowances
Of ! per rent. OF the average monthly
pay received for the ten years preceding
1 retirement shall he paid. In 10 case
however. shall the pension he less than
80 or more than s1j a month.
$4,000 IL Set Aside.
The pension fund will he established
by action Of the hoard OF directors o,
the road. who have set aside 81. 900, o0t
20 be Invested IN interest bearing Sc.
~curities by a board TO he named by the
president at the road. The proceeds o,
the investment Will be used to pay tn,
pensions, and II at any time they arr
Insufficient tie deficit will he paid on
of the road funds and charged 10 oper,
atinC expenses.
E. Although the rules governing the non
slons provide that any employee whit
voluntarily loaycs the service OF tn,
company. even for a lay. shall on hi!
: return II" considered as n new employee
T. wa denied By officials ~ the road n!
- wei. as members III the veterans asso
l citation that the stihlishmcnt Of the sys
tenn had any connection with the recen
threatened strike.
: There are now $50 members OF tn
: veterans association who have been Il
: tho companys service for moys tina,
, twenty years. some even having" serve,
fifty yea RS.