Aberdeen herald. [volume] (Aberdeen, Chehalis County, W.T.) 1886-1917, 1916-09-22
NIL ION DOLLAR FUND IS GREAT
NORTHERN RAIL WAY C0mPANYS
DONATION FOR OLD age PENSIONS

employees who shall have attained the
age of seventy years shall be retired.
az ANY officer or employe who has
may be retired.
.!c) Such of the above mentioned
officers officers and employees who shall have
years continuously in the service.
shall be pensioned.
Pension Fund.
the sum Of $1,000. 900 to be sci aside as
IN sueS Tn :u% h: pS
sion Board shall decide. The income
from this fund 10 to be used In paying
t the pension; ,ss.sp provided aboye II the
proyide for the payments: the company
each month to make up the, dencit.
penses. II the income therefrom is
greater than the requirements for PEN
sions. the surplus shall be added to
the principal of the fund.
Allowances Paid Monthly.
10. When pension allowances shall
these Regulations, they viii be paid
fieiary; provided. heweye. that the
allowances and payments in all cases
of gross misconduct. or for other good
cause.
Preparation of Pension Pay Roll.
II. In payment of pensions a pay
roll showing the names Of those to
whom allowances have been made, and
the amount of such. allowances. shall
be prepared at the close Of each month
sions, certified to by him and approved
by the chairman of the Board of PEN
ssionss, then forwarded to the Account
ing Department, which will. after verb
fication and registry. send it through
the usual channels for payment.
IL: It shall be the duty of every
employing officer to report at once to
all employees who, in July, August and
September. 1916. shall have attained
the age Of seventy years. and there
of the date Of retirement, ali employees
about to attain the requisite age for
retirement
Pensions must keep himself advised Of
ployes. and shall require satisfactory
evidence from each of such employees:
necessary. showing that ne Is entitled
under these rules to the pension allow :
ance. It shall be the duty Of any
receive any advice Of gross miscon:
duct on the part OF any pensioned
eempioye promptly to notify the secre-
ton thereto.
Pensions Not Assignable.
H.. In order to preserve direct per.
sOnal relations between the company
and Its retired employees and that they
may continue to enjoy the benefits Of
pensions will be permitted or recog-
Employe. Retired MAY Work
is. The acceptance Of a pension al
lowance does not debar a retired en-
ploye from engaging in any other
business which is not prejudicial to
the interest of the Great Northern
Railway Company.
Age Limit for Employment.
Is. No person inexperienced in rail:
forty-tive years Of age. shall hereafter
be taken into the service; provided.
that In the ct the
taken into the service Irrespective of
age for a period of not exceeding six
m9nths and that this period may
work for which said persons were
that persons ~, NAV be len, employed ire.
service to be rendered requires. pro-
fessional or other special qualihca-
lions.
pany In establishing a system OF PEN
sions. nor any other action now or
hereafter taken by the company or by
the Board of Pensions in the inaugu-
ration and operation Of Pension De-
partment. shall be construed as giving
to any officer or employe of the COM
pany a right to be retained in its serv-
ice, or any right or claim to any PEN
sion allowance; and the company ex-
lege to discharge at any time any
officer or employe when the interests
of the company, in it's judgment may
SO reqyire. without liability for any
claim for pension or other allowance
than salary or wages then due and
unpaid.
All pensions herein provided for are
gratuitieS, and remain the exclusive
property Of the Great Northern Rail-
way Company, until actual payment
thereof to the pensioner
Date Effective.
IS. These rules and regulations
shall take effect September 16. 1916.
They may be altered or amended from
time to time by the Board of Directors
of the Great Northern Railway Com
pany.
By order of the Board of Directors.
LOUIS w. HILL.
President.