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Inflation / Retirement #267466

CBS Evening News for Saturday, Oct 25, 1980
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(Studio) Report with regard to effects of inflation on retired persons introduced
REPORTER: Bob Schieffer

(West Palm Beach, Florida) Retirement party for Jim Hedges shown. [HEDGES - comments.] Reasons why large number of people are postponing retirement or returning to work after retiring given. Lockheed Aircraft program of hiring retired workers part-time described. [Worker Ken GARGES - comments.] [Retired worker Karen ELLIOT and Ann CIABATTARI - explain why they returned to working part-time.] [Bankers Life and Casualty Company Anna Marie BUCHMAN - comments with regard to job performance of older workers.] [Retired persons Al ton WOOD and Joe GLICKMAN - explain that they had to go to work because of inflation.] Project Able television commercial on behalf of elderly shown. [Chairperson House Committee on Aging Representative Claude PEPPER; National Council on Aging Jack OSSOFSKY - comment with regard to retired people.]
REPORTER: Chris Kelley

Kelley, Chris;
Schieffer, Bob

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