Sentences with phrase «keep average pension»

It is in no state's individual interest to facilitate mobility out of the state; to the contrary, states are inclined to keep average pension costs down by skimping on benefits for those who depart.

Not exact matches

Retirees are facing problems very similar to the average pension fund: In addition to not having enough cash contributions to keep up with the costs of aging, their returns have been hurt by interest rates that have been too low for too long.

thanks, and yes, a pittance of a pension and regular checkups keep us on budget and head off any problems — best decision i ever made (financial or otherwise) was serving our country doing search - and - rescue, oil and chemical spill remediation, etc. (you can guess the branch of service)-- along the way, frugal living, along with dollar - cost averaging, asset allocation, and diversification allowed us to retire early — Vanguard has been very good over the years, despite the Dot Bomb, 2002, and the recession (where we actually came out better with a modest but bargain retirement home purchase)... it's not easy building additional «legs» on a retirement platform, but now that we're here, cash, real estate, investments and insurance products, along with a small pension all help to avoid any real dependence on social security (we won't even need it at full retirement age)-- however, like nearly everybody, we're headed for Medicare in several years, albeit with a nice supplemental and pharmacy benefits — but our main concern is staying fit, active, and healthy!

The bill would keep pensions for uniformed workers hired after 2009 at either 50 percent of their salaries, based an average of five years of employment, or the basic maximum salary for workers in their union.

A reluctant Orangetown Town Board has approved a new five year contract with the town's Patrolmen's Benevolent Association, granting an average 2.4 percent pay hike annually through 2015 and keeping all existing benefits in place including pensions, overtime, personal and family health packages and vacation, sick, and personal days off.

Again, keep some perspective: the average Civil Service Employee Association pension is $ 14,000; members of our association and most other participants do not double - dip or pad their pensions in any way.

When comparing the average retirement age of workers at two global corporations — one that kept its pension plan and one that converted to a 401 (k)-- Mercer, a global consulting company, found that employees with a pension retired approximately four years earlier than those with a 401 (k).2

This was followed by a new proposal, keeping the Diageo Pension Scheme open until March 31 2018 as a final salary scheme, before being modified from April 1 2018 to provide career average revalued earnings accrual, with a 1 / 70th accrual rate, 8 per cent member contributions and a pension agePension Scheme open until March 31 2018 as a final salary scheme, before being modified from April 1 2018 to provide career average revalued earnings accrual, with a 1 / 70th accrual rate, 8 per cent member contributions and a pension agepension age of 60.