Life — November 16, 1928 — page 6: what you’re looking at

Machine-transcribed from the original scan — historical spelling and the odd misread are preserved.

“You surely deserve release from work and care, We Owe our success to you and other men who always gave us the best they had. Pay days will be provided for you, tale ie you live, out of t ative Re- tirement Fund which you helped to build. You have earned the right to take it easy. Good luck!” retire in ease and comfort has been con- gratulated, the wise president and board of directors who thus show their appreciation of faithful service also deserve congratulations. Such appreciation inspires new courage in all hearts. The interests of capital and labor are insepar- ably linked. Through cooperative efforts their most difficult problems are being solved. AFTER the man who has won the right to Many of the biggest employers of labor are themselves employees and do not own the companies they manage. These men have learned that officers as well as men in the ranks do better work if they know that years of loyal service will be amply rewarded. Stockholders expect dividends. Employees ex- pect good wages. In wise management there is a fair and just division of earnings which ——————————————————— Business has welcomed the development of modern pen- sion plans which have made possible retirement with a _,, fixed income. While, in the past, many privately owned 7 businesses have provided quietly for the needs of retired employees, scientific pension systems are a comparatively new development. Some of the earlier plans, dictated more by good inten. “ tions than by sound financing, are so hopelessly involved must be preserved in a delicate balance. Not all of the yearly earnings may safely be paid out in dividends and pay checks. Long-headed business men lay aside money for new and more effective equipment when old machines shall be worn out. In the same way they make plans that permit the honorable retirement of veterans and the filling of their places by younger men. Big business recognizes that it is good business to establish the independence of faithful work ers in their later years. By planning together for their mutual advantage, employers and em ployees can build a sound Retirement Plan based on earnings and savings that will pro vide a regular, definite income for life. No man of spirit wants charity but he does want an opportunity to become independent. ra that they will have to be revised or completely abandoned. The Metropolitan Life Insurance Company has made a a Ee? comprehensive study of more than 350 different pension plans in operation today. To employees and employers interested in a sound solution of pension problems, the Metropolitan will be glad to mail without charge, Booklet 128-F, “Sound Retirement Plans and What They Should Provide”. HALEY FISKE, President. METROPOLITAN LIFE INSURANCE COMPANY~NEW YORK Biggest in the World, More Assets, More Policyholders, More Insurance in force, More new Insurance each year \) Went a J comicbooks.com