Sentences with phrase «current defined benefit pension systems»

As the authors make clear, the current defined benefit pension systems in place across the country do offer a higher maximum level of compensation for the minority of teachers who stay in the profession and remain in the same pension system for their entire careers.

Not exact matches

This principle is routinely violated in current defined - benefit pension systems.

It shows how benefits accumulate for newly hired, 25 - year - old females under the current pension system (blue line), a defined contribution plan (red line), a defined contribution plan with no employer contributions (dotted blue line), and a cash balance plan (dotted green line).

These teachers lose out because current public - sector defined benefit pension systems are heavily biased toward teachers with longevity and stability.