Evening Republican, Volume 16, Number 91, Rensselaer, Jasper County, 13 April 1912 — 30,000 Employees to Be Beneficiaries of Pension Plan [ARTICLE]

30,000 Employees to Be Beneficiaries of Pension Plan

For many months a committee has been compiling statistics for the purpose of inaugurating a pension plan for the benefit of the employes’ of the Western Union Telegraph Co. The devising of a plan ftr this purpose has not been an easy task in view of the diversity of their occupations and the expense incurred to the company being very heavy. The company believes that all employes who have given years of faithful service are entitled to some finan-cial-protection against the necessity of retirement and this plan for material assistance to its disabled employes makes an expression of appreciation on the part of the company. The lowest pension allowance is to be $25 per month and no pension under this plan shall exceed SIOO pel month.