Sentences with phrase «guaranteed pension levels»

Today very few private sector employers still offer guaranteed pension levels,» he added.

«Public sector pensions will remain among the very best, providing a guaranteed pension level for all employees.

Not exact matches

Already, the spread between the OAS / GIS guarantee levels and the low - income measure for 2015 — the spread that seniors need to fill using the Canada or Quebec Pensions plans (CPP / QPP), private pensions and private savings — is about $ 5,600 for single seniors and $ 4,700 for Pensions plans (CPP / QPP), private pensions and private savings — is about $ 5,600 for single seniors and $ 4,700 for pensions and private savings — is about $ 5,600 for single seniors and $ 4,700 for couples.

There is of course a series of public programs, including the Old Age Security and the Guaranteed Income Supplement and of course the Canada Pension Plan itself that provide modest levels of income for all Canadians when they hit retirement age.

It would force public employees into a pension gamble that virtually guarantees a lower level of benefits.

He said the «triple lock» on state pensions, which guarantees they are uprated by a certain level, could be an «early casualty» of a Brexit.

The employee vests at five years, at which point they're guaranteed at least some level of pension when they reach age 60, but the minimum pension is not worth very much.

Previous studies from Towers Watson and the RAND Corporation showed that retirees who received guaranteed income from pensions or annuities tended to experience higher levels of satisfaction in retirement.

Defined benefit plan: A corporate pension plan that guarantees a specific level of benefits for participants, usually based on levels of compensation and years of service.

If your pension is derived from these employers, your SSDI benefits may be reduced as long as they do not drop below a guaranteed minimum level.

Set up a base level of contractually guaranteed lifetime income that would further supplement your current Social Security income and pension income (if you have any).

«Such a scheme not only guarantees those service providers basic pay higher than they would have received were it not for that provision but also, as found by the referring court, enables contributions to be made to pension insurance corresponding to participation in the pension scheme for workers, thereby guaranteeing them the means necessary to be eligible in future for a certain level of pension.»

There are firms that offer an option of a guaranteed pension income at a lower level or a fixed - term pension at a higher level.