Sentences with phrase «future pension benefits»

Teachers generally accept lower base salaries in exchange for future pension benefits, and the plans are funded in part through contributions that are considered part of their pay packages.

The governor is also pressing for a new benefit tier for public employees, something counties say is desperately needed because they can no longer afford future pension benefits owed to retirees.

Torstar is investigating a merger of its pension plan assets with a multi-employer plan called CAAT, which would take over the obligation for paying past accrued benefits and future pension benefits of Torstar employees.

In late December 2013 a judge ruled that certain components of the city's reforms changing future pension benefits for current employees violated the state's constitution.

In today's blog we discuss the consideration of future pension benefits in the division of marital property in Missouri Family Courts.

Astorino will also propose that new lawmakers be required to join a «defined contribution plan,» as opposed to the current «defined benefit plan,» for future pension benefits, a move that will reduce the state's long - term pension costs.

Poor - performing or burnt - out teachers who are a few years away from maximizing their future pension benefits are unlikely to leave the classroom if staying on means a far more generous pension.

New teachers hired after 2011 face negative net benefits for the first two decades of work because the value of their contributions exceed their future pension benefits.