19
In providing for those employees
who are retired with small, inadequate
alidwances,^ s pdc'ially during the first
10 or 15 years from 1946)' two ways of
attacking the problem come to mind.
Granting pf full prior ?ser vice; and/or
byf^subsidizing an increased regular
allowance by charging extra amounts
made to them against the Fund a§'Ua
whole, interest earnings, or^jother ;,in|.
com^^J
I . Ot®wnethods of approach with the
B ^ S v e of trying to payKh& Sent,
larger and adequaW retirement allow
ance include thei/^ttd’vvirig:
1. Larger yields on investment of
the fund.
2. Periodical analysis of the cost-
of-living index and adjustment of the
Fund’s income to maintain parity with
the nurchasing^^W,e^)f the dollar.
3. A bala^ O i ffietween the opposing
views of retaining,oyer-ag'e employees
in service and |[th|| retiring of em
ployees to create more opportunityHlr
advancement in Strife servicWcareers.
4. A better understanding of I the
System by the employees, and more
genuine interest in the humane aspects
of the p r o b l e m by administrators,
State officials, legislators and the pub-
lic.
5. Adequate and parity pay at all
leWj|Bof employment. to thus ; make
practicable the ability of the employee
topcdrry his'share of the financial re
sponsibilities of the present and future.
HOTEL FOLEY
La Grande
Oregon
83 Rooms
On Highway 30
Reasonable Rates by Week or Month
Sunset Motor Company
Chevrolet
Oldsmobile - Cadillac
The Dalles
Oregori
THE
CHADWICK
HOTELS
HOTEL S E N A TO R
HOTEL JA C K S O N
Salem, Oregon
Medford, Oregon
Salem's New and Most Modern
Hotel
One of Southern Oregon's
Finest Hotels
Coffee Shop and Dining Room
Banquet and Meeting Rooms
Garage In Building
Coffee Shop, Dining Room
and Banquet Rooms
Free Parking Lot
W. W. CHADWICK, President