But we can and are moving forward with PRPPs to give a low -
cost pension option to the 60 % of Canadians without a workplace pension plan.
Not exact matches
As more local governments find themselves unable to meet the increasing
costs, particularly related to
pensions and retiree health benefits, municipalities have begun to more seriously consider debt restructuring under the bankruptcy code as an
option for right - sizing their budgets.
«It's vital that
pension savers have low
cost, high quality
options for mitigating climate risk in their portfolios,» she said.
Expenses such as the
cost of providing a
pension plan, purchased research and development, and employee stock
option grants - all obvious ongoing business expenses - are deducted when calculating profits.
Suffolk was one of 11 public employers on Long Island to choose a new
option this year: to amortize its
pension costs, paying less initially, and spreading what it owes into future years.
Senate Republicans have been supportive of Cuomo's plans to bring down future public
pensions costs, including a 401k
option for new employees, but Assembly Democrats have not agreed.
Robert Whalen, a spokesman for DiNapoli, said the poor performance of the markets in 2007 and 2008 is what led to the spike in
pension costs, but stressed that the
pension - borrowing was an
option to provide «short - term relief» for local governments struggling with a slow recovery.
Charters that provide this retirement benefit cite
cost and a wider range of investment
options for teachers as their top reasons to opt - out of the state teacher
pension fund.
«Key Findings» were (1) City
pension costs will dramatically increase to unsustainable levels, (2) Rising
pension costs will require cities to nearly double the percentage of their general fund dollars they pay to CalPERS, and (3) Cities have few
options to address growing
pension liabilities.
They simply can't blame charters for their problems when they offer weak school
options and have ballooning staff during shrinking enrollment and out - of - control
pension and healthcare
costs.»
He thinks that it's fair to deduct the
cost of
options and
pension expenses, which amounts to $ 5.10, according to Standard & Poor's.
PRPPs are intended to give employees and self - employed people who don't have access to a traditional workplace
pension an accessible, low
cost retirement
option.
The expressed purpose of the Proposed Agreement is to streamline the administration of pooled registered
pension plans («PRPPs»), resulting in reduced
costs and greater access to PRPPs as a new private
pension option.
PRPPs will offer them a new, low -
cost and accessible
pension option to help meet their retirement goals.
PRPPs are intended to give employees and self - employed people who do not have access to a traditional workplace
pension an accessible, low
cost retirement
option.
If the monthly
cost of a life insurance policy is less than the amount you'd sacrifice each month by selecting the joint - life or survivor - life
option to protect your spouse, we recommend maximizing your
pension with a life insurance policy.