European Stars And Stripes (Newspaper) - May 9, 1986, Darmstadt, Hesse                                Friday. May 9, 1986the stars and stripes Page 5 Senate plan to reduce iras criticized accounts Aren t Tor Tat cats supporters say  Yoke a Senate Nance committee or Pikal thai i Silil Iii Pili on the i benefits of individual retirement Ait num i  produced  i Kilifi a t t4 it .uim.,ise� ibo said Ikas lire not "1 ii Cal Delk Lii ill tin mip.ii.1 no i in proposal uni jul be    shut Percsi Donl of the Washington Basi in in vestment  Institute the National a six Idin for1 the Mutual fund Industry million of americans would Hwe an effective Tencen live in nipple Isiah social Security with modes annual contributions in their  Hesnia. Under the Senate. Finance coitunitlee1 proposal approval tuesday contributions to Ikas considered by Tunny the hot Lesi investment vehicle of the decade would no Lunger be deductible for anyone participating in an employer inn id cd pension plan. However the Money already in an Ira and the earn Ings of Ira accounts would continue id enjoy tin deferred status until it is withdrawn. The investment of Nanny Institute snid Industry figures estimate Thini 7 1 percent nearly 20 Milinn of the 2x million households that have Ikas also have pension. Pin its. This proposal threatens to destroy virtually nil the Prioress made by americans Iii. Providing for their own retirement Silver said. Ikas Are nut fal cat Deduc  the proposal returns to lilt1 pre-19111 Meta Whit Only those americans not covered by All employer retirement plan Eui Ili Upert an aka. Under prose in tax Law Minimi Ira Cunteri Burns of up la  form individual and s2.25c1 for n oink i with a non Worling  Las deductible. An Coli Milti �4j billion wus contributed to Ika print Ithoc april 15 Las deadline a increase of to percent mar  same period in 1 ass and a Haugli i swell Hie local invested in iras la More than s250 billion.,  viewed us an insurance policy to social Security said Gary Strum first vice president and a in Fifick of pension services for of. Hut Lon. From � retire ment Pom of View this tiie Coin Millic proposal is Cully negative Strum said Ras have Tillo ived people a take cure of their own retirement and reap the benefits of immediate i in saving. In Many cases Strum Suid. People must be Witlin an  Pensini i or n Usiri t As 10. Years by fire by coming fully Vesej. ". Sii inc be could be denied Detlin Uini fur Cmil i by slims i iras because Ilien Rilk ally. The arc coveted by i Conui Wenj plan Strum said hut in ill icel leave to Lief would be no benefits an official of the United states  of so Kinin. Institutions said. What s it Billy ill Issue Here is Psi important is it of the country ii Kuve an  id a Ruville for Racli Renini years. If the Mac savings hic naive namely Hie if Wal Lesley. What is annoying i that there Are nol enough ears and everybody has to  another passenger who oui not give his name said most of the injuries incurred in the rear cars of the Irain. He said a conductor yelled out Brace yourselves to passengers in the first ear just before the crash. The transit authority s commuter trains Are operated by the Boston & Maine rail Road under contract. The track is maintained by Conrail and the track is dispatched by f  said Colin Pease vice president of Ciu Ilford transportation industries of Billerica. The owner of the dim. It s Loo soon 10 Tell Why the trains were on the same track. Hut there wins no  has been trying to Settle n Eon. Tract dispute with workers in Ihu Maine Central freight line. The strike has affected service on the commuter rails but Pease said there was no problem with mail ing on the line wednesday. Sands of time in the stars and stripes 40 years ago today. May 9, i94h a Mccror Hirohito has called for an ext Ordinary to Day session of the japanese diet parliament in Tokyo. Presumably to adopt a new Constitution 30 years ago today. May 9. 1�s6 in new York. Mickin Lay Kaylor s Andersonville in the up lit or Prie As the Best novel of the Jear. The Prie for the outstanding  enl to the diary of Anne Trank by i ranges Cip Odrich and Albert Hackell. 20 years ago today. A v 9. Id fifi . Air attacks carried out since mid april have Cut All main sup ply routes to Hanoi from its my port of Hai Phong and from communist China said air Force officials in Saigon. 10 years ago today. May 9. 1976 with Ballou ers and Bipire hands thousands of Rescue lurkers in Cremona sifted through the rubble of build Ings levelled in Italy s killer earthquake. I Resh tremors hit through inc Day