The patriot. [volume] (Indiana, Pa.) 1914-1955, 1917-02-03
RECOGNITION,
REWARD AND
PROTECTION

Pension System on the Buffalo, Roehes-
ter G. Pittsburgh Railway Most Liber-
al on Any Rairoad-Finaneed and
Administered Wholly by the Com
pany.
A pension is not gift Probably the
best definition of a pension is that ii is
not only a recognition of loyalty and
devotion to the company, but is also an
encouragement TO continuous employ
ment. since the employee has the oppor-
tunity of a permanent and profitable
connection with his company for life
1t is a further recognition of the prin-
ciple that the relation of employer and
employee is one of mutual obligation,
and when both are sincerely interested
the beneficial results are common to
both.
There are now twenty-siX railroads.
embracing the larger systems Of the
United States and Canada, represent
ing considerable proportion OF the
railroad mileage OF America. that have
established pension systems either
financed wholly by the corporation or
by joint contributions from the cOrpO-
rationS and their employees. We have
yet TO note a withdrawal ON the part of
any one of the companies that have
made such provisions for their en-
ployees. On the contrary, the number
adopting the pension idea is continu-
ally increasing.
The Buffalo, Rochester & Pittsburgh
Railway Company adopted pension.
system on July 1st, 1903, over thir-
teen years ago. being the eleventh.
road in the country to do so. Ii Is.
financed and administered wholly by
the company. The essential features.
Of the plan are:
Glass A Employees reaching the age Of 70
years, and whose term OF continuous
service has been 20 years or more, are
retired on a pension.
Glass b. Employees whose age is 6 to 6S
years, and whose term of continuous
service has been 20 years or more. may
be retired on a pension either at their
own request or at the discretion of the
company.
Glass c. Employees whose age is 60 TO 64
years, who have been continuously %
years or more in the service, and who
have become incapacitated, may be re-
tired on a pension at the discretion OF
the company.
The amount of the pension in any OF
the above classes is two per cent. OF
the average annual pay for the last ten
years multiplied by the number of
years of continuous service.
Example An employe at the time OF re-
tirement who was in continuous service
for 40 years. and whose average pay for
the last ten years was $500 a year.
would receive an annual pension equal
to so per cent. of S1,5OO. or $1,000. payable
in monthly amounts Of $780,
Glass ID. Employees irrespective OF age or
length of service who shall have re-
ceived injuries in the performance of
duty, totally incapacitating them for
their regular or other vocation, or who
shall through sickness become so inca
pacitated.
Glass E. Employees irrespective OF age or
length of service, or dependent members
of their families, when the facts war
rant favorable consideration.
In both of these classes such sums
may be awarded as a pension, for such
length of time, as the president SHALL
determine.
In computing service it is reckoned
from the date since which the person
has been continuously in the service to.
the date when retired. Leave of alb
sence, suspension, dismissal, followed
by reinstatement within one year, or
temporary lay-off on account of reduc--
tions of force, is not considered as a
break in the continuity of service.
The acceptance of pension does not
debar any retired emplOye from engag-
ing in any other business which is not
prejudicial to the interests OF the COM
pany, but he cannot re-enter its service
Employees who leave the service there
by relinquish all claims to the benefit
of pension allowance.
Since the plan was started, 100 pen
siOns have been granted, and 40 were
ended by reason Of death or expiration.
leaving 65 retired employees regularly
drawing pensions on June 30, 1916.
These may be classified as follows:
Maintenance Of Way Department........ 81
Maintenance Of Equipment Department Is
Transportation Department ............. 10
Executive Department ....................
Passenger Department ....................
Freight Department .......................
Iotal %
Tho a qec of mon nOw dra wing mem