Economic History Pamphlets Volume 40

Economic History Pamphlets Volume 40

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1920 edition. Excerpt: ...plans in industry. These are evidenced again in the conditions of eligibility to a pension and in the stipulations laid down for the forfeiture of a pension once granted. "Persons voluntarily leaving the employment of the Company when their services are required thereby become ineligible for pension allowance." "The Company may cancel any pension whenever it is established in the opinion of the Pension Committee that the pensioner displays a decided lack of appreciation of the Company's liberality in granting the pension, or is guilty of other serious misconduct." "Any employee who voluntarily leaves the Company's service or is discharged therefrom and is afterwards reemployed, shall be considered as a new employee and his service time computed from the date of re-employment." "Any person voluntarily leaving the service of this Company, even though it be but for one day, will thereby break the continuity of his service as described in this rule. If he later re-enters the service of this Company he shall be considered a new employee in relation to the pension rules." "Pensions may be suspended or terminated in case of misconduct on the part of the beneficiaries or for other cause sufficient in the judgment of the Board to warrant such action." "The acceptance of a pension shall not bar any former employee from engaging in business provided it is not of the same character as the business of the Company, nor in any way detrimental to its interests." "The acceptance of a pension allowance does not debar a retired employee from engaging in other business that is not prejudicial to the interests of the Company, but no such retired employee shall re-enter the service of the...show more

Product details

  • Paperback | 170 pages
  • 189 x 246 x 9mm | 313g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236775694
  • 9781236775696