. Baltimore and Ohio employees magazine . augurated and con-tinues to the present day. All of thefeatures of the Relief Association wereretained, intact, by the Relief Depart-ment, and the administration of the Com-panys Pension Feature was placed underthe supervision and direction of theSuperintendent of the Relief 1901, the Company increased itsannual contribution to the Pension Fundto $75,, and thereafter the $6, mentioned as interest on theRelief Associations endowment, revertedto the Relief Feature of the Relief De-partment. The contribution of $75,-000
. Baltimore and Ohio employees magazine . augurated and con-tinues to the present day. All of thefeatures of the Relief Association wereretained, intact, by the Relief Depart-ment, and the administration of the Com-panys Pension Feature was placed underthe supervision and direction of theSuperintendent of the Relief 1901, the Company increased itsannual contribution to the Pension Fundto $75,, and thereafter the $6, mentioned as interest on theRelief Associations endowment, revertedto the Relief Feature of the Relief De-partment. The contribution of $75, per annum continued until 1905,when it was increased to $82, perannum through absorption by the Com-pany of subsidiary lines having pensionplans. In 1909, through extension ofthe Companys plan over its affiliateline—The Baltimore and Ohio South-western Railroad—the annual contribu-tion for pensions was increased to$93, In 1914, it was found thatthe Companys annual appropriation forpension purposes was inadequate, and. HOME OF CLERK WILLIAM BURCHELL,RELAY. MD. Jr. since that time the Company makes nofixed appropriation, but meets the draftsupon it by the Pension Feature to paythe allowances as they accrue. Thepayment in 1914, was $234,; andin 1915, it was $266, 10 THE BALTIMORE AND OHIO EMPLOYES MAGAZINE The Pension Plan of the Baltmiore andOhio is unique in several respects. Al-though the fund for the payment ofallowances is contributed entirely by theCompany, and no portion of it is derivedin anv manner from the contributions of
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Keywords: ., bookcentury1900, bookdecade1910, booksubjectbaltimo, bookyear1912
