News

Cambridge Nonprofits Struggle to Fill Gap Left By SNAP Delay

News

At Harvard Talk, Princeton President Says Colleges Should Set Clear Time, Manner, Place Rules for Protests

News

In Tug-of-War Over Harvard Salient’s Future, Board of Directors Lawyers Up

News

Cambridge Elects 2 Challengers with 7 Incumbents to City Council

News

‘We Need More Setti Warrens’: IOP Director and Newton Mayor Remembered for Rare Drive to Serve

Social Security

Short Takes

NO WRITER ATTRIBUTED

A congressional conference committee yesterday evening eliminated a provision in a Social Security bill which would have cost the University $200,000.

Conferees took out a section of the bill which would have increased the tax that an employer has to pay into the Private Pension Fund, which would have affected the plans which Harvard faculty have with the University.

An effort against the bill by the insurance groups and universities, including Harvard, helped out the proposal out of the final congressional bill. Nan Nixon, a director of Governmental Relations for the University said yesterday.

"There are few Congressmen who want to pull the trigger on American higher education," added Parker I Coddington, another Harvard director of Governmental Relations.

Nixon said that a special group of Washington pension tax lawyers from Harvard's law firm. Ropes and Gray, had analyzed the proposed changes to the tax code and the University had expressed their "concern".

The bill is expected to be passed by the full House of Representatives and Senate today and to be signed immediately by President Reagan.

Want to keep up with breaking news? Subscribe to our email newsletter.

Tags