This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1910 Excerpt: ...permitted the employees to depend in advance on the allotments which would fall to them at the time of retirement and gave them the assurance that, if they died before or after retirement, their widows and children should be beyond the reach of want. The fundamental character of the new institution, embracing not only ...
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1910 Excerpt: ...permitted the employees to depend in advance on the allotments which would fall to them at the time of retirement and gave them the assurance that, if they died before or after retirement, their widows and children should be beyond the reach of want. The fundamental character of the new institution, embracing not only the entire personnel of the central administration and of the branch at Antwerp, but also the agents in the provinces and their employees, was as follows: 1. Every functionary or employee has the right, at the age of retirement, to a life pension equal to two-thirds of his final salary. "2. The death of an agent confers on his widow the right to the immediate enjoyment of a life pension, representing an important percentage of the pension of the husband. "3. Every orphan of the father or mother less than 18 years of age, receives a temporary allowance up to 18 years, equal to 300 or 500 francs." In order to assure the regular working of the new institution, the general council of the Bank did not hesitate to vote a subvention, to be included in general expenses, which might reach 10 per cent of the total amount of wages and salaries. In order to anticipate demands upon the fund after January 1, 1908, extraordinary grants were made, rising to a total of 1,000,000 francs." This sum was made up of the allotment for the second half of 1906 of 250,000 francs; the first half of 1907, 400,000 francs; and the second half of 1907, 350,000 francs. The regular allotments for the two half years of 1907 had risen respectively to 33,933 francs and to 34,645 francs. Under the working of the new plan, however, these allotments were increased for the first half of 1908 to 123,421 francs and the second half of 1908 to 130,836 francs, making ...
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PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
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PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.
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Seller's Description:
PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.