The British, Canadians and Dutch explore a way to keep what's
good about pensions while avoiding the crises.
Not exact matches
A savings rate of 10 % is often recommended, but given the decline in
pensions, the uncertainties surrounding Social Security, and our increasing life expectancies, putting away
about 15 % of your gross income is a
better bet.
Also,
about 40 percent of McNerney's restricted stock had vested, as
well as
about half of his $ 22 million
pension.
As we pointed out in our post last week, a withdrawal rate strategy should respond to market factors like equity valuations and bond yields as
well as personal factors like age, retirement horizon, and expectations
about pension and Social Security benefits.
I've thought a lot
about this subject recently, partly because my saving and
pension funds have had such a
good run.
Nonetheless, in the case of a number of
well - established US corporates, investors remain concerned
about the extent of unfunded medical and
pension liabilities and the equity prices of these firms have generally underperformed the overall market.
«We would like the Department for Work and
Pensions to look at ways in which they can reduce the 6 - week wait to be made and also increase the amount of information available locally so people who are moving onto Universal Credit are
well informed
about the process.
I am just
about to resign from a
well paid,
pensioned but in many ways unsatisfying job to chase my dream of teaching yoga.I may never be rich but, I don't want to look back and wish I'd tried but never did as my fear held me back.
Are you serious, he's
about to collect his
pension and nowhere near
good enough for Arsenal!
Baroness Altmann, Tory former
pensions minister, warned that «only
about one in 10 pensioners continues working past state
pension age and are not all
well - off.
No - one really wanted to set out where the cuts will hit, and we had diversionary tactics such as talking
about public sector
pensions for the few very
well paid public sector staff that won't make any real contribution to reducing the deficit.
Because if we want to protect those things we care
about, like generous
pensions and decent healthcare, and buy the
best equipment for the brave men and women who fight in our armed forces, all of us are going to have to confront the costs of modern government — and cap working age welfare bills.
Most private
pensions work
well for their customers, charge fairly and give clear information
about how they work.
You'll be hearing more from me and the rest of Labour's Work and
Pensions team
about this, and the
better targeted support we need for key groups such as single parents and disabled people over the months to come.
He wants the
good public employees to provide information
about their coworkers and bosses who don't work hard enough, misuse state cars and expense accounts and double dip on the state
pension system.
Senate Republican leader John McKinney of Fairfield said, «Paying off our
pension debt is a
good thing, but doing so outside of the spending cap shows that Governor Malloy is still not serious
about reducing unnecessary state spending and, further, that he is not serious
about pension reform.
YouGov also asked a series of questions
about public sector
pensions — 74 % of people thought that public sector pensioners got a
better deal than those who worked in the private sector and 60 % of those thought they did not deserve this (predictably there was a huge difference between public and private sector workers on this question — 55 % of public sector workers thought that, yes, they did deserve
better pensions than the private sector).
Those relatively few workers who still have a
good final salary
pension will be hit by a large National Insurance rise, equivalent to
about one and a half pence on the basic rate of tax.
I am happy you have been elected I have an issue
about pensions and retirement, which is the main topic at the moment, as I work in the public sector Here it is... Hope you are
well
Well, you can say that
about the state
pension, you can say that
about the winter fuel allowance and in the end you lose the whole principle of universality.
Whilst firms have every right to talk to their workers and ex-workers
about getting their
pension rights in a different way, we need to make sure that people are making
well - informed decisions and not losing out on valuable
pension rights without realising it.
About Blog Actuarial Solutions provides quality actuarial, consulting, and
pension administration services We are experts in
pension funding and administration, as
well as
pension accounting under the multitude of accounting standards world - wide (IFRS, ASPE, US GAAP).
It takes a while, but Joe convinces his two
best friends and former co-workers, Willie (Freeman) and Albert (Arkin), also in dire straits from the dissolution of their company's
pension plan, that the three of them should rob the bank that's
about to take his home.
Although I do a lot of work on
pensions, this is an ongoing internal debate for me personally, because I care deeply
about these other things as
well.
When you call this «reducing
pension costs,» you're misleading readers into believing it's
about budget concerns and screwing over workers, not
about helping design something that might be
better for teachers.
What would you change
about teacher
pensions so that they can
better serve teachers?
That will make for a more compelling story and do a
better job enlightening readers
about how your state's
pension plan is (or is not) providing secure retirement benefits to all teachers.
And while much could be done to provide educators with
better retirement options, states need to, in the meantime, do more to educate their workers
about the true value of their
pension at various points in the career and what to do when they leave the profession.
Your editor thought that he would write a piece today
about Center for American Progress» interesting - yet - simplistic report on teacher pay, and how it left out such key aspects of traditional teacher compensation such as defined - benefit
pensions (as
well as how it ends up hurting younger teachers who leave long before those benefits kicks in).
It's
good that all of the other Democrats on the Senate [Health, Education, Labor &
Pensions] Committee signed on to the bill, but are any of them actually passionate
about it?
If you care more
about salaries,
pensions, job security, and perks for a closed class of mostly mediocre people «phoning it in,» there are all kinds of
good arguments against school choice.
It's understandable that as a trade group representing large
pension plans, the NPPC doesn't want to have a conversation
about why public - sector retirement plans like those offered to teachers are getting worse over time, while those offered in the private sector keep getting
better.
How you think
about that question will inform how you think
about how
well most teacher
pension systems work today.
I expect them to fight hard for public education, fight hard for my grandkids who are in public school, and fight hard for my
pension, which I am very worried
about, and you should be as
well.
In this week's video clip, tax expert Tim Cestnick talks
about the
good news
about personal income taxes in the recent past: decreasing tax rates,
pension income splitting and of course, the introduction of the TFSA.
Such a portfolio would return
about $ 19,000 a year, a little less than the single - life
pension option but alternatively, her stocks would give her years worth of growth as
well as the annual dividend income which should increase over the years.
Nelson Smith writes
about 3 monthly dividend payers that are as
good as a
pension.
London
About Blog William Burrows is a financial adviser with
Better Retirement and author of acclaimed retirement guides including «Retirement is a journey not an event» and «You and Your
Pension Pot».
Boomer & Echo had some
good thoughts
about should you make RRSP contributions if you have a DB
pension?
«Those who are in defined benefit
pension plans in Canada are in a
good place relative to just
about any other group.
Now, I must point out: i) Independent News & Media is currently in the throes of a debt &
pension restructuring — this could possibly improve things, but I'm not convinced it's going to be sufficient, and / or dilution for existing shareholders might be so bad ultimately the shares might as
well be worthless, and ii) I still say my zero valuation for Continental Farmers Group was
about right (God, just look at cash, debt & cashflow in their latest results), but shareholders are v fortunately getting bailed out by the Saudis at GBP 36p per share.
(The comments
about pension design in the article are spot - on as
well.)
Once you have a figure you're reasonably confident
about, you can plug that number, as
well as such information as your age, your retirement account balances, the amount you'll receive from Social Security,
pension income, if any, and how long you expect to live in retirement (I'd say into your mid-90s is a decent estimate given today's longer lifespans) into a tool like T. Rowe Price's Retirement Income Calculator.
In the current editorial of MoneySense (April issue), I talk
about our theory that one reason the magazine launched when it did — 15 years ago — was that this was around the time the trend of the decline of traditional «Defined Benefit» employer - sponsored
pension plans had gotten
well under way.
Participants over 50 must deposit a minimum of RM 150,000 (or
about $ 43,000) in a Malay bank account (yes, you get interest and you can withdraw part of it after a year) or have access to a monthly
pension of at least RM 10,000 ($ 2,900), as
well as having at least RM 350,000 ($ 102,000) in liquid assets back home.
There are only a small group of people wealthy enough to do without this concern and not have to worry
about a
well - planned and
well - funded
pension.
Once you have a decent idea of what your post-career spending will be, plug that figure along with your age, how many years you expect to spend in retirement and information
about your income sources (Social Security,
pensions, work income, if any) and details on how your savings are invested into a
good retirement income calculator.
Make a smooth and relaxed move to your annuity days without worrying
about your future requirements with
well - designed
pension plans.
About Blog Actuarial Solutions provides quality actuarial, consulting, and
pension administration services We are experts in
pension funding and administration, as
well as
pension accounting under the multitude of accounting standards world - wide (IFRS, ASPE, US GAAP).
Let them worry
about the machine operator's
pension fund, I have
better things to think
about.