Sentences with phrase «generous early retirement»

Many employer pensions have generous early retirement benefits with a «bridge benefit,» in which case your total monthly payout is actually higher before age 65 than after.

Faced with a budget crisis in the early 1990s, Illinois offered teachers a generous early retirement package.

The automaker will offer financial incentives to encourage salaried employees to depart voluntarily, including generous early retirement offers, a person briefed on the plan said.

Not exact matches

Despite having much less generous retirement plans, retention rates for early - and mid-career teachers didn't change at all.

While he had a generous pension, the payout was reduced for early retirement and was much less than his salary.

Promises involving very early retirement — sometimes to those in their low 40s — and generous cost - of - living adjustments are easy for these officials to make.

One of the reasons why the present generations are less secure than prior generations with respect retirement is that the forebears who originally set up defined - benefit pensions and Social Security system set up in such a way that they gave benefits that were too generous to early participants, defrauding those who would come later.