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Mandatory Retirement #257697

CBS Evening News for Thursday, Apr 06, 1978
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(Studio) President Carter's signing into law of bill raising retirement age to 70 reported Film shown. Report is on how law works, using Georgia Power Company, in Atlanta, as example
REPORTER: Walter Cronkite

(Atlanta, Georgia) Effects of law on Georgia Power Company's policy noted. Case of Jube Lewis cited as example [LEWIS - has been here long time and enjoyed work. Would probably like to stay here.] Effects of law on some union workers because of contracts outlined. [Mack McGEE - is happy working and would sooner do that than retire.] [Georgia Power spokesperson Euel WADE - cites possible psychological effect on younger workers having to wait 5 more years to move up. Doesn't think major of company's workers will stay on till age 70.] Labor Department estimates of number who will take advantage of law cited. [Hugh CHRISTY - will retire.] [Richard HEMBY - will retire at 55.]
REPORTER: Bruce Hall

Reporter(s):
Cronkite, Walter;
Hall, Bruce
Duration:
00:02:10

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