Sentences with phrase «in salaries and pensions»

The bailout extension deal does away with further «reductions in salaries and pensions, with measures that lead to recession and with exaggerated (primary budget) surplus (targets),» the prime minister said.

Not exact matches

Some employees opt out at first, as they don't want to lose the immediate income, but as their salary increases or they start to get older, many realize the importance of having a pension and decide to opt back in.

(For example, he's calculated that a couple in the public sector earning $ 50,000 each per year will have pension savings totalling between $ 600,000 and $ 1.3 million each upon retirement, whereas a couple in the private sector earning the same salary will be left with $ 122,000 to $ 245,000 each.)

These families are well respected and praised because of the large number of jobs that their companies offer to people, giving them stable salaries and security in pension plans.

Government has passed painful austerity measures — tax hikes and cuts to benefits, salaries and pensions — to reduce state debt and strengthen confidences in its finances.

Pierlot wrote a paper for the CD Howe Institute in 2011 showing that a person with a salary of $ 75,000 at the end of a 35 - year career would accumulate more than $ 1.4 million in savings through a defined - benefit plan (wherein the pensioner is paid a set income based on past earnings and years of service, mostly confined to the public sector these days) compared to $ 674,711 for someone with no pension but a maxed - out Registered Retirement Savings Plan.

In March, Bombardier Aerospace workers voted overwhelmingly in favour of a new reciprocity agreement that ensures workers who switch between Bombardier and the future partnership don't lose their pensions and keep most seniority benefits, including salary and vacation timIn March, Bombardier Aerospace workers voted overwhelmingly in favour of a new reciprocity agreement that ensures workers who switch between Bombardier and the future partnership don't lose their pensions and keep most seniority benefits, including salary and vacation timin favour of a new reciprocity agreement that ensures workers who switch between Bombardier and the future partnership don't lose their pensions and keep most seniority benefits, including salary and vacation time.

In the accumulation phase, Canadians with a corporation need to be drawing sufficient salary to contribute to and increase entitlement to the Canada Pension Plan (CPP) retirement pPension Plan (CPP) retirement pensionpension.

We've made some choices about salaries and benefits — offering a full pension plan and medical benefits, for instance — that are in everyone's interests.

Although Sanders and his wife's joint tax return showed income of only a little more than $ 200,000 for 2014 — including his $ 174,000 salary, his mayoral pension, and their Social Security payments — the senator's expected retirement benefits make his situation much more comparable to those in the millionaire class he faults.

So his salary was cut by 40 % and his pension was cut by more than half, and he started investing in real estate to make up the losses.

For those in Corporate America, when that spending is devoted to mergers and acquisitions, it can result in a much larger domain and all that comes with it, usually stock options, restricted stock, higher salary, bonuses, pension benefits, and, perhaps, even a golden parachute.

(8) Amounts in this column reflect the total of the following columns: Salary, Bonus, Stock Awards, Option Awards, Non-Equity Incentive Plan Compensation, Change in Retention Plan Value, Change in Pension Value, Nonqualified Deferred Compensation Earnings and All Other Compensation.

Just for fun, try calculating the all - in labour cost for someone you know. I tried it on my spouse, who is a university professor. I added her healthy salary to her current service pension cost and other benefits and payroll taxes. I threw in an extra amount to reflect the pension deficit that her university is now grappling with (thanks to the market meltdown).

In retirement, my salary income will be eliminated and I'll be living on pension income, Social Security, and our invested assets.

@Monevator — not a criticism but at this moment in time I've no idea what my expenses are as I'm trying to live life to the full whilst still working full time having a reasonable final salary pension and having some savings.

His pension likely would have been about $ 110,000 had he received more typical annual salary increases of 4 percent instead of the huge hike and bonus in 2008.

His pension likely would be about $ 110,000 had he received more typical annual salary hikes of 4 percent instead of the huge hike and bonus in 2008.

And just a note: the hundreds of thousands of dollars are in salaries, benefits and pensions are, per persAnd just a note: the hundreds of thousands of dollars are in salaries, benefits and pensions are, per persand pensions are, per person.

In addition to producing studies on pension reform and the property tax cap, the Empire Center is also behind the website SeeThroughNY, which publishes salary, pension information and other records (the Empire Center and the Manhattan Institute have gone to court to get public disclosure of the pension data on occasion).

«It was common knowledge that the State of Osun ended the Year 2016 in the most financially boisterous mood ever with the payment of four months salaries to active workers and pensions to the passive workers.»

To refuse such promotion is expensive, in terms of salary and pension.

In the email, which Murray forwarded to Capital Tonight, he points to DeFrancisco receiving both his pension and his salary as a state lawmaker — a legally allowed practice known as «double dipping» which good - government groups and newspaper editorial boards have decried over the years in state governmenIn the email, which Murray forwarded to Capital Tonight, he points to DeFrancisco receiving both his pension and his salary as a state lawmaker — a legally allowed practice known as «double dipping» which good - government groups and newspaper editorial boards have decried over the years in state governmenin state government.

By our calculations, Osun state pensioners alone got at least, N1, 539,227,442.75 out of the N14.2 billion paid to active and passive workers in the last two weeks as arrears of 4 months salaries and pensions excluding what the local government pensioners were paid for the same period.»

The problem with the Pension System is who is allowed into it and how they are allowed to raise their Final Average Salary (FAS), or the average of their three highest years in the System.

The report recommends police forces move away from a final salary to a career - average system, the raising of standard retirement age to 60 and, in the longer term, the design of a whole new scheme for dealing with police pensions.

Any leaving of the State Consitutional Merit Hiring category should result in the leaving of the Common Pension System (with credits and Final Average Salary or FAS frozen at that time and amount).

By SLF Council member and pensions expert Janice Turner Millions of private sector members of final salary and career average pension schemes have a better chance of a decent retirement after the government implemented more SLF pensions policy in this week's...

In addition to supporting the pension forfeiture, 66 percent of those polled also support banning political contributions by companies that do business with the level of government they contribute to, and 55 percent back banning elected officials from earning income outside of their government salary.

The number of state workers who earned a salary and a pension last year plummeted 44 percent, but there were still 48 people who raked in more than $ 200,000 from double dipping, state records show.

It slams the veteran Long Island Democratic lawmaker for «retiring» in December 2008 so he could collect his $ 72,114 pension and then «returning» to the public payroll in January 2009 to collect his $ 101,500 legislative salary.

Topics included Peter Ragone's role in the administration, de Blasio's engagement in the city council speaker race, plans concerning his wife's possible staff and office, Health Commissioner Tom Farley, Schools Chancellor Carmen Farina's pension and salary and Governor Cuomo's plans to allow medical marijuana in New York.

Currently those hired after 2009 get 50 percent of their salaries if they are injured in the line of duty, and the pensions are further offset by Social Security benefits.

Staten Island Borough President Jim Molinaro applied for his city pension this year — on top of his $ 160,000 city salary — but then had second thoughts about how his constituents in the city's most conservative borough would view the double - dip and pulled back the application.

Advocates noted that even before Hurricane Maria, Governor Ricardo Rosselló was set to impose cuts in worker hours and salaries, including a 10 percent cut to pensions.

Our county police officers each cost us close to $ 200,000 a year in salary, benefits and pension payments because of mandatory arbitration.

Abbate, a Democrat elected in 1986 to represent Bensonhurst and Dyker Heights, has yet to formally announce his intentions on the seat but has advertised them openly to local politicos (sources said he has not been shy about mentioning the appeal of the almost $ 70,000 salary bump he would get serving in the local legislature, and the corresponding benefits to his pension).

When Mayor Bloomberg hired Martin Horn to serve as both correction and probation commissioner in his second term, the mayor requested a waiver so Horn could keep his pension payments flowing while earning a salary of $ 178,200.

MPs are set to earn a basic salary of around # 75,000 after the Independent Parliamentary Standards Authority (Ipsa) announced an increase in their earnings, together with reforms to the expenses and pension system.

Tax returns for state Comptroller Thomas DiNapoli show the sole trustee for the $ 152 billion pension fund received almost $ 9,000 from investments and interest on top of his $ 146,838 public salary in 2012.

Prince Adelugba applauded Governor Aregbesola's sensitivity to workers» welfare, saying the present administration had painstakingly taken times in explaining to the public on the position of finances of the state in relation to the payment of salary, pension and gratuities.

In a forthright leader, it called for frontbench sackings and the retirement of backbench MPs dubbed «bed - blockers» - more concerned to draw comfy salaries and accrue pensions.

There will be thousands more Councillors; # millions more in allowances and expenses, and the possible additional burden of their pensions because they can all choose to join the gold - plated; index - linked; taxpayer - funded, final - salary Local Government Pension Scheme.

In short Final Salary is a blank cheque drawn against the Shareholderws of the Business, whereas Money Purchase is a defined Operating Expense which is capped and leaves the Pension negotiation to the retiree buying an annuity

Oh yes it is... Money Purchae Pensions in the Civil Service and closing the Final Salary Non-Contributory Scheme

Adewale said in Ado - Ekiti that he would focus on offsetting all outstanding salaries of workers and pension arrears within six months if elected.

Update: Assemblyman Bill Magee said Dec. 31 that he has decided to go forward with his plan to take both a pension and a salary in 2015.

But Koslowitz never stopped receiving the pension when she came out of retirement in 2009 and began pulling down a six - figure salary.

Here's the loophole: Elected officials who turn 65 can retire and return to the same job and make a full salary and pension if they started in the system before July 26, 1995 and are starting a new term.

Krumpter, now leading the Lloyd Harbor village police force, is drawing $ 138,030 in annual pension payments and a $ 183,000 annual salary.