Pension wealth reaches a peak by her early sixties and then starts to decline.
These spikes act as an incentive for teachers to stay in the classroom until
their pension wealth reaches its peak and then push them into retirement shortly thereafter, as pension wealth accumulation turns negative.
Not exact matches
These benefits would (i) largely go to developers and contractors for infrastructure projects like new pipelines that would happen even without new incentives and so be highly regressive; (ii) raise costs by failing to
reach the tax - free
pension funds, sovereign
wealth funds and international investors who are the most plausible sources of incremental infrastructure finance; (iii) not encourage at all the highest return maintenance projects like fixing potholes that do not yield a pecuniary return for investors; and (iv) by offering credits at an unprecedented 82 percent rate, invite all kinds of tax shelter abuse.
These benefits would (i) largely go to developers and contractors for infrastructure projects like new pipelines that would happen even without new incentives and so be highly regressive; (ii) raise costs by failing to
reach the tax - free
pension funds, sovereign
wealth funds and international investors that are the most plausible sources of incremental infrastructure finance; (iii) not encourage at all the highest return maintenance projects like fixing potholes that do not yield a pecuniary return for investors; and (iv) by offering credits at an unprecedented 82 per cent rate, invite all kinds of tax - shelter abuse.
Reducing
pension wealth, which accounts for more than half the accumulated
wealth of the UK's better off households, could have far -
reaching, unintended, negative implications.
Defenders of the defined - benefit structure also argue that it can encourage teachers to enter and remain in the profession over the long term, because to maximize their future
pension wealth, they must accrue the maximum years of service and
reach the top of their district's pay scale.
Seniority rights are a big deal right now because older teachers have a lot to lose: higher salaries that they've
reached after a lifetime of anemic ones; and significant
pension wealth if they make it to retirement.
Not only has she not yet
reached the crossover point, but her
pension wealth is only half of her cumulative contributions.»
Hawaii's
pension system is based on a benefit formula that is not neutral, meaning that each year of work does not accrue
pension wealth in a uniform way until teachers
reach conventional retirement age, such as that associated with Social Security.