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Publication: European Stars and Stripes Tuesday, April 18, 1989

You are currently viewing page 7 of: European Stars and Stripes Tuesday, April 18, 1989

   European Stars And Stripes (Newspaper) - April 18, 1989, Darmstadt, Hesse                                Tuesday april 18, 1989 the stars and stripes Page 7 nearly 1 in 4 regrets retiring study indicates by the new York times a new sutly of More than 6,000 Union members found Hal nearly one Oul of every four believed that they had Rel Rcd too Early. The study found thai a retired worker s financial condition and a positive attitude toward retirement were the two major factors in Dulc mining satisfaction with retirement. Or. Philip w wire. Associate professor of manage ment m George Washington University who was  author of the study said it suggested a retirement Rule e ready and be  win presented the findings at a symposium on the study Al the University in Washington . Of those not forced 10 retire for health reasons or because they had reached mandatory retirement age the decision was lamented by Only 10 percent 6f those with a positive attitude toward retirement and by 35 percent  who did  a positive attitude about it. Many of those in the latter category were tired of their jobs wire said. The study found that 23 percent of All respondents Felt that they had retired Loo Early. Of these 40 percent said they had retired for health reasons 13 percent said they had readied the company s mandatory retire ment age and another 13 percent said their jobs had been loss via re organi Alion or Plant closings. An additional 26 percent retired for other reasons that were within their control and the remainder listed either reasons or did not respond 10 flip question. It would appear Hal premature retirement is a pervasive phenomenon tru said Over All. The decision to retire was lamented by Only 12.percent of those who found themselves comparatively Heller off. Financially after retirement and by More than 10 percent of those who found themselves worse of the authors Cal mule that retired Union members account for 25 percent to 35 percent  retired population but the authors believe that the altitudes Are typical of All  look i Ike other retirees  the proportion of men and  said Ivan Charn or a to ii Ihor of the study who is the research director of the National Institute for work and learning of the Academy for educational development a private re search organization that provided statistics Hal were the basis Lor the stud among retired Union members75 percent arc men chanter said while in the retired population Al Large about 75 percent Are women. The study Analysed the responses of 6,543 retirees out of a random Sample of i my 7 retired members from m unions Dau for the study were compiled Over the two years that ended in May 1988, under the auspices of the department of labor the Al Cio. The Villers foun Dation the american income life insurance co. And the retirement research foundation. A l 86 Federal Law. Ended mandatory  Ages for most employees Mustang Roundup new Ford music Yiirs Niimi i Circle with the figure is inside it during ceremonies Al Kris pics Berry farm in Bucu Park calif., Marl find the Silver anniversary if the introduction of Bennett included a new Washington area prison m his plan Hamilton said he did not How it happen either. I Don t know what the glitch was he said. Town smolders Over sawdust fire Coram Mont. A residents of Coram Are fed up with a fire that has been burning in a pile of sawdust for the past two years. When the wind blows the hidden fire spouts Sparks and smoke like a Volcano neighbors say slate fire investigator Jim Wallace said the state May have logo to court to get the owner of the pile desert Moun Tain Forest products to put it out. Desert Mountain which makes posts and Slicks for California in Yards has accumulated a saw Duil pile 100 Yards Long 30 to so Yards wide and 20 feet High in  pile caught fire two years ago and Wallace said he suspects spontaneous combustion at the cause bul the company blames lightning. A similar Blaze Al a nearby Mill was t extinguished until the sawdust Pili was bulldozed and clumps of burning Materi Al blasted apart with fire hoses Wallace said  
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