Political Quotes

Herbert Hoover: “And the Lehlbach plan put no penalties on the minimum employees at all because they have exactly the same situation they…”

On the recordFebruary 20, 1930
And the Lehlbach plan put no penalties on the minimum employees at all because they have exactly the same situation they had before; there was a series of adjustments in it which gave a retirement annuity based upon the amount of money contributed, after you got above the minimum, by the actual employee.
Said by
Herbert Hoover
Republican · California

Editor's note · Context

Statement About Retirement Funds for Civil Service Employees.

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