Sentences with phrase «pension systems reward»

Pension systems reward employees who stay for a full career.

Not exact matches

I want a state pensions system fit for a 21st century welfare system, which is easy to understand and rewards those who do the right thing and save.

If Britain is to have a stable, affordable pension system, people need to work longer, but we will reward their hard work with a decent state pension that will enable them to enjoy quality of life in their retirement.

More recently, Rachel Reeves, Byrne's successor as Shadow Work and Pensions Secretary, has committed Labour to making sure that work is rewarded over the long term, by reinforcing and renewing the contributory principle in our social security system.

On the other hand, pension systems disproportionately reward very long - term employees, which may disadvantage women if they are more likely than men to spend time out of the workforce.

In other words, few charter school teachers have accumulated the experience necessary to claim the real rewards from state pension systems.

But, even for those that do qualify, there are many teachers who stay long enough to qualify for some minimal monthly payment but not long enough to reap the full rewards of the pension system.

This paper uses a policy change in California to show that the extreme rewards and penalties built into existing defined benefit teacher pension systems do affect teacher retirement behavior.