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.
Herbert Hoover: “And the Lehlbach plan put no penalties on the minimum employees at all because they have exactly the same situation they…”
Editor's note · Context
Statement About Retirement Funds for Civil Service Employees.
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I had the pleasure of his acquaintance and I shared the admiration he inspired in all who knew him by his joyous humanity and his unlimited interest in and devotion to the happiness and well-being of others.
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