Political Quotes

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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