Sentences with phrase «in voluntary retirement»

That is why encouraging investment in voluntary retirement savings tools such as pooled registered pension plans is an important part of the government's strategy to enhance retirement savings for all Ontarians.»
Joe, however, had spent the majority of his life at DC and declined participation in the voluntary retirement program.

Not exact matches

Ford Motor said on Wednesday it plans to cut 1,400 salaried jobs in North America and Asia through voluntary early retirement and other financial incentives as the No. 2 U.S. automaker looks to boost its sagging stock price.
If you believe that the biggest issue in retirement saving is that insurance firms are overcharging for annuities, then a voluntary CPP makes a great deal of sense.
The steady erosion in the voluntary employer - sponsored retirement system has made it more difficult for workers to save for retirement.
The company expects most of the cuts to come from a voluntary early - retirement program it is offering in the United States.
SAP workers in Europe will be offered voluntary leave, and UK, German, France and US employees will be offered early retirement packages.
The changes, which include changes to contribution caps and rules, transition to retirement and the pension transfer cap, have seen retirement savers rush to pad out their superannuation accounts with a surge in voluntary contributions ahead of the June cut - off.
For the first time in New York City history, a woman - owned financial firm has been tapped to manage $ 100 million of the Deferred Compensation Plan (DCP), the city's voluntary retirement plan for more than 180,000 employees and retirees.
Included in the budget was funding for Secure Choice, a voluntary workplace retirement savings option.
These would extend a voluntary retirement scheme, require expulsion of peers convicted of criminal offences and those who do not not appear in the house.
A proposed voluntary early retirement plan, if accepted by enough workers, would account for only $ 15 million of that, meaning Mangano would have to come up with additional savings of more than $ 100 million in labor costs annually to meet his target.
The Federal Department of Labor issued draft regulations in November of 2015 exempting states from the requirements of ERISA, the 1974 federal law that established liability standards and protections for private sector workers» voluntary retirement plans.
I count myself lucky to be able to take early retirement in order to focus on fundamental family issues, charities and voluntary services.
It can make it easier to manage the investments in your IRA and to take voluntary or mandatory distributions from the account in retirement.
Will I still be able to file and suspend my benefits in order to receive delayed retirement credits after the effective date for the new rules for voluntary suspension?
The solution that Stephen Harper puts forward to an insecure retirement for a vast majority of the people in this country who are in their 20s and 30s and 40s is to have voluntary vehicles for saving, voluntary vehicles that people are not using.
Associate Minister of Finance Mitzie Hunter, who is overseeing the ORPP, was not made available for an interview, but in a letter to MoneySense she wrote that the ORPP «is not a replacement to personal or voluntary savings, which are still an important and essential part of the retirement income system» but rather «a secure retirement income floor for workers in the province.»
Additional voluntary contributions may vary in tax treatment depending on the type of plan, but if they are made into a tax - defered account, any returns accumulate tax - free until retirement.
Irene, who lives with her own cat Linnea, was previously Assistant Director of Customer and Community Services at East Sussex County Council before taking early retirement this year in order to focus on other interests, including her voluntary work.
Founded in 1996 as the first private voluntary registry in the world, ACR has 15 years of experience in the development of rigorous, science - based carbon offset standards and methodologies as well as in carbon offset issuance, serialization and transparent online transaction and retirement reporting.
Established in 1996 as the first voluntary GHG registry in the world, ACR has over 15 years of unparalleled voluntary carbon market experience in the development of rigorous, science - based offset methodologies and operational experience in the oversight of offset project verification, registration, offset issuance and retirement reporting.
But in a decision issued yesterday, Pierce v. Pierce, the Supreme Judicial Court ruled that a former spouse's voluntary retirement at or beyond the age of 65 does not create a rebuttable presumption that alimony should be terminated.
Instead, we hold that voluntary retirement at a customary age is simply one factor, albeit an important one, to be considered by the judge in deciding whether to modify the alimony obligation set forth in a divorce judgment.»
Her voluntary retirement worked to the benefit of the defendant in that any potential ongoing wage loss from these flare - ups would not be claimed against him.
Hogan Lovells has offered voluntary retirement to hundreds of its US support staff, in a bid to trim down its rank of senior business services staff across the Atlantic.
In Innes v. Innes, the 62 - year old support - paying husband decided to take voluntary early retirement, which meant his income would decrease from $ 200,000 to about $ 70,000 per year.
Individuals and self - employed in Quebec may become members of a voluntary retirement savings plan to the extent that they are allowed to contribute to a registered retirement savings plan under the fiscal rules provided by the federal Income Tax Act.
Bill 80, An Act respecting voluntary retirement savings plans, received first reading in the Quebec legislature.
This feature has been incorporated in the Pension Calculator keeping the self - employed people in mind as well the increasing trend of voluntary or early retirement.
Launched in 2009, NPS is a voluntary, defined contribution retirement savings scheme and one of thetop investment option for retirement, which is open to all individuals across the country.
Since and before retirement Jim has had an active part in many voluntary bodies, including Shetland Credit Union (Director), Voluntary Action Shetland (Director) and Church of Scotland (Elder).
A typical «triggering event» is an owner withdrawing from the business, whether the withdrawal is involuntary, such as in the event of death or disability, or voluntary, such as retirement.
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