Sentences with phrase «nearing normal retirement»

for administrators nearing normal retirement to continue on the job until their pension wealth peaks, and the turnover rates from the principal survey confirm this trend.

Instead, pensions create a structure that highly incentivizes workers to leave once they pass the normal retirement age, and those nearing normal retirement to continue working («pulling» or locking teachers into the classroom despite individual choice or burnout).

Instead, pensions create a structure that highly incentivizes workers to leave once they pass the normal retirement age, and those nearing normal retirement to continue working («pulling» or

As with teachers, traditional defined benefit plans create strong incentives for administrators nearing normal retirement to continue on the job until their pension wealth peaks, and the turnover rates from the principal survey confirm this trend.

These formulas translate into a back - loaded structure where benefits are low for many years until, as teachers near their normal retirement age, their pension wealth accelerates rapidly.

To find anyone at a middle or senior level in the office at or near normal retirement age tends to be quite unusual indeed.

Not exact matches

Teachers nearing their state's normal retirement age consistently respond to this disincentive and leave the classroom to maximize their benefits.

In a traditional defined benefit plan, benefits are heavily backloaded; teachers receive minimal benefits in their early years but quickly earn substantial benefits as they near their plan's prescribed «normal retirement age.»