Sentences with phrase «by retiring workers»

Not exact matches

«There's a recognition by a lot of the provinces that a lot of people are going to retire with inadequate pensions and they're going to have to do something about it,» said president Ken Georgetti, adding that workers his group spoke to supported a provincial pension plan.

Nearly one in eight of the world's workers believe they will never be able to afford to retire fully while millions of people are not financially prepared for life after work, according to international research by HSBC.

For examples of companies doing right by workers eyeing retirement — and gaining competitive advantages along the way — look no further than the 30 Best Workplaces to Retire From.

Then, when the older spouse turns 70, he or she can claim the retired - worker benefit, which has been growing by 8 percent per year.

Using the «claim now, claim more later» strategy, retirees can claim some benefits now, and higher benefits later, by applying for spousal benefits instead of their own retired - worker benefits when they reach full retirement age.

And when the younger spouse turns 70, he or she can convert the spousal benefit to his or her own retired - worker benefit, which also has been growing by 8 percent a year.

Colorado alone will need 30,000 more workers in the construction field in the next six years, a number that does not account for those who will retire, according to a study by the Association of General Contractors.

Unions in the utility industry, health care and manufacturing industries are using knowledge and skills as the key source of worker power by expanding apprenticeship training, creating partnership with community colleges, vocational schools, and employers to fill the «middle skills» gaps that exist today or will grow as skilled baby boomers retire.

But, if that retired worker chooses to, he / she can delay benefits up until age 70 — and the size of those monthly benefits will increase by 8 % for every year after the age of 66 they wait.

A retired highway maintenance worker has been interviewed by American media outlets over a thousand times.

Saunders, the president of the Vancouver and District Labour Council, says that Canadian workers and their pensions are more exposed to risk during market trouble because of the successful campaign over the past decades to move from defined benefit pensions, which guarantee a certain monthly amount when you retire, to defined contribution plans, promoted by market enthusiasts.

Because the decline is being driven by unusual labor - force flows — aging workers retiring, the lure of government disability payments, discouraged workers and other factors — the jobless rate is a perplexing indicator of job - market slack and vigor.

Research has suggested that as workers from the «baby boomer» generation with relatively high salaries have retired, they have been replaced by younger employees receiving lower wages, thereby suppressing the rise in paychecks.

On the other hand, my participation in the common good is served far more by living in a community of retired church workers with whom I share many interests and commitments and who care for one another and help one another through the difficulties of aging and dying.

In short, it seems that most of the real gains from nationalization can be achieved by government regulations that safeguard the safety and health of workers, insure that they are taken care of when they are unemployed and when they retire, and allow them to organize to promote their own interests.

Four days after a 72 - year - old retired government worker was brought to a southern California hospital's emergency ward by his 12 - year - old «companion,» a county welfare worker dropped in on the pair and initiated legal action to have the child made a dependent of the court.

John Ackerman, 67, a retired auto worker allegedly knocked unconscious by a chair thrown by a fan, added the Palace to his suit.

October 22, 2014 --(Altadena, CA) Piece by Piece instructor and mosaic artist Leigh Adams and her colleague Bea Jones, a retired psychiatric social worker, worked with our children through a special grant from the Marion Brucker Legacy Trust via Piece by Piece, which helped bring mosaic artistry to inner - city youth.

Ministers are hoping to minimise the number of redundancies by not replacing public sector workers when they retire or leave their jobs.

Johnson's wife is a retired state worker and he said he is embarrassed by the generosity of her retiree health benefits.

Speaking to Citi News after inspecting some government bungalows at Koforidua in the Eastern Region the Deputy Minister also charged coordinating directors and estate officers to ensure that retired government workers who are still occupying these bungalows hand them over to be used by new recruits.

The measure, which is being sponsored in the Assembly by Queens Democrat Mike Gianaris (who is soon to depart to replace retiring Sen. George Onorato) and would increase the pay of service workers like janitors, security guards and dishwashers who work at utilities like ConEd and National Grid.

The number of retired public sector workers in New York collecting six - figure pensions is closing in on 4,000, with an 18 percent increase over the year before, according to a recent survey by The Empire Center.

Flanked by Buffalo Municipal Housing Authority tenants in front of the Marine Drive complex where he lives Wednesday afternoon, the retired construction company owner and worker says he is not going to quit as a BMHA tenant commissioner and won't abandon the Council campaign.

Sikora, political and legislative director for the Communications Workers of America District 1, and a former NYPIRG organizer, is running for the open Assembly seat being vacated by the retiring Joan Millman, with the backing of 2013 StreetsPAC endorsees Brad Lander and Steve Levin.

The Bayelsa State Government has said that the overaged workers who were recently disengaged from service by the management of the Niger Delta University, Amassoma, were not sacked but retired.

But one retired city worker may have summed up the neighborhood's divided loyalties by pointing out its close connections.

The number of retired public sector workers in New York collecting six - figure pensions is closing in on 4,000, with an 18 percent increase over the year before, according to a recent survey by a fiscal watchdog group.

Conversely, if a worker is a shy, retiring type whose goal is autonomy, he or she will not be motivated to perform better by promises of a promotion to management because the last thing he or she wants is to be in charge of other people.

The six - hospital system was founded by Bishop James B. Funsten, who acted on an immediate need to provide care to retired Episcopal Church workers.

The story is comprised of four separate vignettes, following the romantic misadventures of various characters in Rome - a retired American opera director tries to make a star of his daughter's father - in - law to be, who can only sing in the shower; a pair of newlyweds are separated for a day and have their fidelity tested by a prostitute, movie star and a burglar; a middle - class office worker unexpectedly becomes a celebrity targeted by the paparazzi; and an architect runs into a young man who reminds him of a younger version of himself - and is about to make the same romantic mistakes....

Believing that «they won't be wanted in the workforce when older» is the key motivation behind this accelerated retirement plans, listed by 85 % of education workers who intend to retire early.

We assume that 2.5 percent of the labor force retires each year and that these workers are replaced by better - educated ones, implying that the labor force does not fully reach its ultimate new skill level for 50 years (10 years of reform followed by 40 years of retirements).

Thousands of teachers and other public sector workers have been retiring in recent years, fueled in part by changes to their pensions.

Frank Fischer, Chairman and CEO of the Volkswagen Group of America, speaks on behalf of VW as Gary Casteel, U.A.W Region 8 Director, looks on from behind after retired circuit judge Sam Payne announced that Volkswagen employees voted to deny representation by the United Auto Workers labor union.

Gary Casteel, U.A.W Region 8 Director, voices his disappointment after retired circuit judge Sam Payne announced that Volkswagen employees voted to deny representation by the United Auto Workers labor union.

People retiring today will be among the first generation of workers to pay more in Social Security taxes than they receive in benefits over the course of their lives, according to a new analysis by the Associated Press.

According to a study done by the Employee Benefit Research Institute in March 2010, 9 % of all American workers said they plan to retire before the age of 60 while 31 % had already left the workforce before their 50s.

For each zero included in the 35 - year earnings history of a typical worker retiring today, the monthly Social Security check will be lower by the equivalent of about $ 20 in today's dollars.

By law, the senior citizens who are disabled veterans, retired railroad workers, and those who are unemployed are allowed to claim the full credit.

A 2004 study by the AFP Association (Asociación AFP 2004a) found that for every year a worker retired early, the worker's pension decreased on average between 7 percent and 10 percent.

This is expected to raise the average monthly payment for the typical retired worker by $ 22.

«There's a recognition by a lot of the provinces that a lot of people are going to retire with inadequate pensions and they're going to have to do something about it,» said president Ken Georgetti, adding that workers his group spoke to supported a provincial pension plan.

However, as the Baby Boomers retire, there will still be a lot of workers that are going to be moving into the economy and contributing — both through economic output and by spending.

Today, most of that generation of shelter workers has retired, and has been replaced by people who do not have those preconceptions.

«The story about Ed Schaefer, the retired Laurel postal worker who received a heart transplant, was a great example of a piece about someone who made a difference in the community just by being themselves.

We also call on Governor Deval Patrick and the legislature to pass the Clean Energy Commonwealth Bill (HB 2935), which would create a community empowerment fund to assist communities and workers by protecting the local tax base and providing worker assistance and retraining opportunities when a coal plant retires.

This crisis is aggravated by these retirees who are living longer and thus receiving more benefits, and so the shrinking population of young workers is facing a growing population of retired citizens to support.

«We're glad AEP is going to retire these aging dinosaurs, and urge the company to ensure an equitable transition for the workers and communities most directly impacted by these retirements.»

Although the section clearly creates a distinction based on age, the tribunal found that the two - year exception was based on expert evidence that relied on Statistics Canada data from 2008 showing that almost 90 percent of workers had retired by age 65.