Not exact matches
Commenting on today's announcement that the Government is to bring forward the effective
date from which the state
pension age will only become payable at 68, Chris Keates, General Secretary of the NASUWT — The Teachers» Union said:, «Over recent years teachers have already faced hugely detrimental changes to their occupational
pensions, compounded by year after year of real
term cuts to their pay.
That is the expiration
date of the no - layoffs pledge that Mr. Paterson made to public employee unions last year in exchange for an agreement to reduce the state's long -
term pension costs.
Some want to do so because they are hedging exotic instruments that do the opposite, others because they might be hedging long
term guarantees for long -
dated liabilities (
pensions, etc.), looking to minimize losses synthetically.
There is a decent amount of demand for safe long -
dated debt from
pension plans, life insurance companies, and other long -
term fixed income investors.
Conclusion: Majority of the
pension plans offers returns between 4 % to 6 % per annum without risk coverage and this plan scores high in
terms of returns or guarantee surrender value before the maturity
date.