In addition to impacting teachers and other school employees» ability to save for retirement, the growing
burden of pension costs in Colorado also takes money out of classroom.
Not exact matches
The fundamental issue is not the increased
cost burden for employers and employees, but rather the purpose
of company - led
pension plans, he said.
Though
pension costs are often only a small part
of local governments» total budgets - 5 percent in Suffolk this year and 3.7 percent in Nassau - they're a growing
burden, officials said.
Included on the menu
of possible changes could be
pension and health benefits reform, a retirement age increase and overtime
costs — the usual union issues that often drive up
costs to the point that taxpayers must bear an unreasonable
burden.
Two
of the biggest financial
burdens for Syracuse -
pensions and health care
costs - have eased this year.
As a result
of inaction from the state to address this unfair
burden on CPS, the District had to take money from the classroom to cover rising teacher
pension costs.
- The largest
pension burdens are also associated with states that directly cover the
cost of local school teacher
pensions.
State politicians created large
pension debts, and it's unfair to ask school districts, especially charter schools, to bear the budgetary
burden of those
costs.
Once military and police dogs retire, with no guaranteed
pension for their medical care, the
burden and
cost of care fall solely on their caregivers.
While it's important not to overstate the case — again, improved health care can be a double - edged sword, if people are able to live longer because
of it but at greater financial
cost — one way to interpret this study is that if more people are not economically old, that is they are still contributing to society on their own and not collecting
pension or requiring increased health care, there is less
burden on falling population levels from an otherwise aging population.
In the article entitled, «Take caution with
pension committee email ``, Dan and Terra discuss the implications
of a recent decision by the Nova Scotia Supreme Court which provides an important reminder to employers and
pension plan administrators about the
costs and
burdens associated with email communications in the context
of pension plan litigation.
Such actions are putting these companies ahead
of competitors who view the aging workforce largely as a
burden putting strains on
pension plans and healthcare
costs.»