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Harvard's own little pension plan for her employees will probably go into effect on the first of February, according to rumor that is now prevalent around the College Yard.
Although John W. Lowes '20, financial Vice-President to the University, won't say anything more than its coming soon, the consensus of opinion among the employees is that February I is the date.
The plan will provide for contributory insurance, with both the College and employee contributing what is believed will be 4 per cent. About 2100 persons will be affected.
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