Sentences with phrase «as pension administrators»

There's also the issue of what a board should do when it has obligations as pension administrators as well as a duty to keep the company as a whole afloat.

What could improve the PRPP proposal is allowing more than just financial institutions to act as pension administrators.

Currently, she works part - time as a pension administrator so that she has more time to spend with her daughters.

Job Summary A superb opportunity for a candidate at any level of their career to join Willis Towers Watson, one of the leading Third Party Administrators, as Pension Administrator in a challenging and rewarding role drawing on and further developing team working, mathematical and customer service skills...

Not exact matches

Given that administrators are the largest net beneficiaries of the current teacher pension system, it should come as no surprise that they are not at the barricades clamoring for change.

Note that pension wealth for teachers and administrators peaks around the same time, when educators are in their mid-50s, as shown in Figure 1.

As with teachers, traditional defined benefit plans create strong incentives for administrators nearing normal retirement to continue on the job until their pension wealth peaks, and the turnover rates from the principal survey confirm this trend.

These are extreme examples that can occur because traditional pension formulas rely so heavily on final salary and total service years, and many superintendents have accumulated prior service years as teachers or mid-level administrators to count toward a full career.

As senior - level administrators are both the stewards of the pension system and the recipients of the highest net benefits, the authors conclude, «There is no reason to expect school administrators or their organizations to support reforms that would provide a more modern and mobile retirement system for young educators» and suggest that districts could be recruiting young teachers more effectively by putting money in upfront salaries rather than in end - of - career pension benefits.

Established by the Illinois state legislature in 1895 as The Public School Teachers» Pension and Retirement Fund of Chicago, CTPF is the administrator of a multi-employer defined benefit public employee retirement system providing retirement, survivor, and disability benefits for certain certified teachers and employees of the Chicago Public Schools.

Section 33 also continues that law so that Steven Adamowski, the former Hartford Superintendent and present «Special Master» in Windham can add four more years to his publicly funded pension even though he was not certified, made no effort to become certified and the law, as it now stands, only allows certified teachers and administrators to collect a pension.

As a 59 - year - old training administrator for a mining company, Heather is a member of her company's defined contribution pension plan.

The Problem As a 59 - year - old training administrator for a mining company, Heather is a member of her company's defined contribution pension plan.

Additionally, he serves as Plan Administrator for all pension and welfare benefit plans sponsored by the Council.

The Court also unanimously agreed with the Ontario Court of Appeal in its findings on the existence of a fiduciary duty owed by Indalex as administrator of the pension plans, and on Indalex's breach of that duty.

It was important in respect of point (2) that the administrator of the personal pension plan to which Mrs Staveley had transferred her funds had a discretion as to how to distribute the pension funds on her death.

At this time, Indalex was the administrator for two registered pension plans, one for its salaried employees («Salaried Plan») and one for its executives («Executive Plan»)(collectively referred to as the «Plan Members»).

It follows that before entering into an analysis of the fiduciary duties of an employer as administrator of a pension plan under the PBA, it is necessary to consider the position and characteristics of the pension beneficiaries.

The administrators of the scheme denied Ms Brewster access to a survivor's pension on the basis that Mr McMullan had not completed a form nominating her as beneficiary, despite the fact that she satisfied all other conditions imposed by the regulations.

(6) In such circumstances as may be prescribed, the Superintendent may make an order requiring an administrator, an employer or any other person to prepare and file a new report or another prescribed type of report in respect of a pension plan if the Superintendent is of the opinion that there are reasonable and probable grounds to believe,

(5) If the Superintendent intends to make an order requiring the wind up of a pension plan or declaring a pension plan wound up, the Superintendent shall serve notice of the intended decision, together with written reasons for it, on the administrator and the employer, and the Superintendent may require the administrator to transmit a copy of the notice and written reasons to such other persons or classes of persons or both as the Superintendent specifies in the notice to the administrator.

This order is issued by a judge, often at the same time as your divorce decree, to direct the pension or retirement plan administrator to pay a certain portion of benefits directly to the ex-spouse of the plan's beneficiary.

You can certainly self direct your HSA as well, but many employer contributing plans administrators do not allow roll - overs so that is something you would have to find out (similar to 401k» plans) There are also self administered 401k plans which are even more beneficial than a SDI as well as your ability to create and operate your own pension plan with employer (your own company) contributing and the amounts of funds which can be contributed each year far exceed the SDI which is limited to $ 5k annually for single people, 10k annually for married couples filing jointly and $ 12k annually for married couples with the «catch up» provision.