Stories tagged with "early retirement"
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Retiring Lilly research exec Steven Paul gets $2 million in severance
The top research executive at Eli Lilly and Co. will receive a $2 million cash severance payment and be credited with extra years of service when he retires in February — a...
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Top Eli Lilly researcher Paul's payout: $2M
As struggling Indianapolis drugmaker Eli Lilly and Co. slashes thousands of jobs and trims benefits for employees, one top executive is getting a handsome retirement payout. The...
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Unemployment has hit the disabled harder than most
Unemployment rate was 16.9 percent in August The unemployment rate for people with disabilities is growing at a faster pace than joblessness in the overall population, making what...
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S.C. retiree claims $260M Powerball prize
COLUMBIA, S.C. — A retired South Carolina state employee who spent two bucks on the lottery was all smiles Tuesday as he claimed a $260 million Powerball jackpot. “For...
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Quit blaming IPS problems on small numbers of teachers
Matthew Tully’s July 26 column, "IPS needs to weed out bad teachers,’’ is another of the never-ending attacks belittling the very heart of public education,...
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IPS rehires scores of teachers hit by layoffs
Stimulus funds, turnover make job offers possible Indianapolis Public Schools sent staff morale crashing and created a public splash when it laid off 300 teachers this spring. But...
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Valparaiso University cuts about 50 jobs
VALPARAISO — Valparaiso University has cut about 50 jobs through early-retirement packages and layoffs. The private university has frozen salaries for the coming year. The...
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Valparaiso U. cuts more than 50 jobs
VALPARAISO, Ind. — Valparaiso University has cut about 50 jobs through early retirement packages and layoffs as it deals with the national recession. The university in...
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Rolling 401(k) into IRA gives flexibility
More than 40 percent of assets in 401(k) plans owned by workers who left their jobs in the first quarter of 2008 were with the former employers a year later, according to an...
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The Art Of Making Money: The Story Of A Master Counterfeiter
By Jason Kersten (Penguin, $26) When the Federal Reserve Bank debuted a redesigned $100 bill in 1996, it was trumpeted as the most high-tech, counterfeit-proof currency to date. It...
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Emmis' SkyConcert to go dark this Labor Day
Struggling broadcaster puts blame on economic woes. Just a week after reporting a fourth-quarter loss of $158 million, struggling Emmis Communications said it is pulling the plug...
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Postal Service to cut jobs, offer 150K early retirement
The U.S. Postal Service said today it will close offices, cut jobs and offer early retirement to 150,000 workers in an effort to save more than $100 million annually. The agency is...
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HSE school board votes to offer teacher buyouts
In order to trim costs and stave off millions in deficit, the Hamilton Southeastern School board voted 6-0 Monday night to offer buyouts to teachers nearing retirement. The 50...
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Valpo U. offers early retirement packages
VALPARAISO, Ind. — Valparaiso University has offered early retirement packages to faculty and staff to reduce costs because of the economic downturn. University spokesman Reggie...
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Lottery winner retires from grocery job
PLAINFIELD -- John Jatho hasn't gone on a spending spree in the weeks since he became the second million-dollar winner at a Plainfield convenience store.However, he did decide...
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If veteran teachers are gone, who will be mentors?
I am a member of the first cohort of Indianapolis...
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Slowdown forces Hill-Rom to eliminate 300 positions
Medical equipment maker Hill-Rom, hit by a slowdown in spending by U.S. hospitals, is cutting 300 jobs, with more than half of those reductions coming in the company’s...
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Mail drop-off changing postal routes
According to the article I’ve read last night,...
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Allison offers early retirement plan
Allison Transmission in Indianapolis will offer early retirement packages to hourly employees.Terms of the packages will be explained Friday in meetings with the manufacturer’s...
