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An Antideficiency Act violation can also occur when a contract uses funds in a period that falls outside of the time period the funds are authorized for use under what is known as the Bona Fide Needs rule (31 USC 1502), which provides: "The balance of a fixed-term appropriation is available only for payment of expenses properly incurred during ...
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Oliver Harvey (born 1909) was an African American janitor at Duke University and founding president of the Local 77 chapter of American Federation of State, County, and Municipal Employees, AFL-CIO. He spearheaded the movement to unionize Duke University employees during the 1960s.
The on-set of the pandemic resulted in funded ratios dropping back down to 71.2% in 2021, followed by a rebound to 84.5% in 2021. In 2022, market corrections resulted in the largest single-year decline since 2009, bringing the aggregate funded ratio to 77.8%. [15] As of July 2022, unfunded liabilities for statewide plans totaled $1.2 trillion.
The Local 77 chapter of the American Federation of State, County and Municipal Employees is a Duke University labour union established in August 1965. It initially began as the Duke Employees Benevolent Society in February 1965, led by Oliver Harvey. The formation of Local 77 was directed towards improving work conditions for the working-class ...
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The 1978 contract is widely seen as a concessionary contract. Workers lost their cradle-to-grave health and pension benefits, were forced to pay for part of their health care for the first time in 30 years, and were forced to resume working under a productivity bonus system eliminated in 1946.