Sentences with phrase «in pension benefits»

The research found that millennial workers are the most interested in pension benefits and also identified a strong but underserved demand for retirement coaching and planning tools through digital channels.

The lag in pay is also costing city teachers in pension benefits.

Women who retire at age 60 receive 87 cents on the dollar in pension benefits, a total penalty of just under $ 60,000.

But it is worth highlighting the differences in pension benefit rates not just across groups, but also within groups.

He was elected in 2010 as a «new Democrat» who married centrist economic policies — a cap on property tax increases, business tax cuts, a reduction in pension benefits for new public employees — with liberal social policies like strict gun control and support for same - sex marriage.

Of course, Bloomberg had his legislative victories, including a reduction in pension benefits for newly hired workers, the legalization of same - sex marriage and reauthorization of mayoral school control.

From changes in pension benefits, to redundancy rights and outgoing packages, employment laws mould the way...

Longer life expectancies mean states and districts will likely face higher retirement costs in pension benefits, but also means retiring later.

Malloy wants to transfer hundreds of millions in teacher retirement costs to many towns but gives those same towns no say in pension benefits.

Derenda, 58, retired suddenly last week and, according to state calculations, will be eligible for $ 90,000 per year in pension benefits, due to his age and his 32 years experience with the Buffalo Police Department.

These included an automatic cost - of - living boost in pension benefits, enacted over Giuliani's objections.

In 1999, Saint Louis offered retroactive improvement in pension benefits that cost the city $ 166 million, or $ 52,000 per teacher, in 2013 dollars, and promised far more valuable pension benefits for future hires.

The simulation indicates that if women were to receive an additional four percent of lifetime earnings in pension benefits, it would be worth roughly $ 70,000 in 2014 dollars — more than the maximum annual teacher salary in the typical Ohio school district.

Another way to put it is that the average woman who retires at age 55 receives 85 cents in pension benefits for each dollar received by the average man.

Chicago is paying more in pensions benefits while its funding ratio is dropping.

Moreover, extremely high (and rising) pension costs have played a role in keeping teacher salaries flat in recent years, and those costs have also contributed to large cuts in pension benefits for new teachers.

Ontario is the only province to insure the pensions of bankrupt companies through its Pension Benefits Guarantee Fund (PBGF), which backstops the first $ 1,000 per month in pension benefits per plan member if a company goes bust

The cowards wanted to hand over an economic benefit without raising taxes, because the rise in pension benefits does not have any immediate cash outlay if one can bend the will of the actuary to assume that there will be even higher investment earnings in the future to make up the additional benefits.

Liberal critic John McCallum has criticized the proposal as inadequate, pointing out that it affects only the relatively small percentage of workers who are in federally regulated industries and those working for Crown corporations, saying it would likely lead to a downgrade in pension benefits overall.

Had the retention bonuses been considered pensionable, they would have resulted in a pension benefit much higher than the value of the contributions, resulting in a funding deficit.

But with teachers confronting the overhaul of evaluations and tenure as well as looming changes in pension benefits, the small but rapidly growing charter school movement — with schools that are publicly financed but privately operated — is pushing to redefine the arc of a teaching career.

Where he traded a reduction in pension benefits for the ability to draw legislative districts and authorized the state's first charter schools in exchange for a pay raise.

~ The waiver or conveyance of a survivorship interest in pension benefits must be explicit and leave no doubt as to what is being relinquished ~

If we all live to 100, a scenario recently posed by The Atlantic, states and districts would likely face higher retirement costs in pension benefits, at least under current practices.

And then there is # 10 — «Every dollar paid out in pension benefits puts $ 2.37 back into the economy.»

More than 3,000 retired public employees now receive more than $ 100,000 in pension benefits for the first time, according to data analyzed by the Empire Center for New York State Policy.

Spain has already had to sit through several protests as citizens decry the reduction in their pension benefits and health care.

As a result, he received over $ 95,000 in pension benefits that he was not entitled to receive.

[21] The City owes $ 5.4 billion in pension benefits and has $ 1.1 billion in unfunded liability for its pension system and $ 1.2 billion in unfunded liability for retiree healthcare benefits.

Union members have protested that position and recently formed a coalition to stop any changes in pension benefits.

From changes in pension benefits, to redundancy rights and outgoing packages, employment laws mould the way businesses operate, in terms of human resources, financial impact and regulatory compliance.

Discussion: Reductions in pension benefits may seem a significant source of savings for many companies, but altering benefits paid to retired employees requires care in determining the nature of... [more]