Sentences with phrase «of pension payments»

This large jump (44 percent) in the value of her pension benefit occurs because she would collect 25 years worth of pension payments, up from 18.

This means that five years of pension payments are lost.

Pension wealth is the cash value of the expected future stream of pension payments at various points in an educator's career.

The median and the mode of pension payments are likely higher than the numbers you're seeing reported in the news.

Your retirement income may include some kind of pension payment or allowance from the government.

You will have the option to choose a minimum guaranteed number of pension payments.

This feature enables the policyholder to earn the dual benefit of pension payments and even a lump sum payment to the nominee which can be put to any use as deemed necessary.

By working just one additional year and reaching her 30th year of service, she can receive 7 additional years worth of pension payments.

Pension wealth is the present discounted value of the stream of pension payments she can receive, discounted for survival probabilities.

The modes of pension payment are monthly, quarterly, half - yearly & yearly.

Citing deep cuts to higher education, sharp reductions in aid to needy communities, and unsound deferrals of pension payments, Gov. Dannel P. Malloy on Thursday made good on his pledge to veto the budget that cleared the legislature earlier this month.

As legislators in Illinois and other states face similar dilemmas about who pays the costs of pension payments, they should keep in mind these issues of fairness, equity, and transparency.

Pensions: CPS makes the bulk of the pension payment in late June.

The British telco has pledged to keep lifting payouts to shareholders despite the burden of pension payments, rising capex and sports rights.

The state is «amortizing» (i.e., spreading out over 10 - year periods and repaying with interest) a portion of its pension payments each year, reducing the effective rate to 10.5 percent in 2012 and 13.5 in 2015.

The size of our pension payments was so large that if we tried to address our budget problems without looking at pensions, we would be signing ourselves up for deep and never - ending impacts on the rest of state government.

While some unfunded pension liabilities are due to market fluctuations, including sharp stock market declines in 2002 and 2008, leading economists say the most severe cases are due to politicians» failure to keep up with employers» share of pension payments over many years (most public - sector workers also contribute toward their own pensions).

The timing of this pension payment comes just before CPS receives approximately $ 1.3 billion in property tax revenues.

If the source of funds is a DB plan, the plan's actuaries will calculate the commuted value of the plan — that is, the amount that is equivalent to the present value of the pension payments you could have elected to wait and receive in the future.

To pay the remainder of your expenses in retirement, you can rely on a combination of pension payments — if you're lucky enough to have those promised to you — and your own personal retirement savings.

The remainder of the corpus, which constitutes the bulk of the corpus, has to be taken in the form of pension payments which is mandatory.

Annuity plans are those plans which provide a steady stream of pension payments after retirement so that the policyholder can plan for his retirement needs.

The lack of knowledge by third parties, incorrect information or advice which is supplied to you, or failure to act by an individual or agency other than an employee of the Department will not be regarded as a basis for a further backdating of pension payment.

Those who can not remain for an additional year will consequently face a severe financial penalty for their mobility — not staying for her 30th year means the teacher in our example gives up $ 285,000 worth of pension payments.

He said it contained too many cuts as well as fiscally unsound deferrals of pension payments to garner his support.

As legislators in Illinois and other states face similar dilemmas about who pays the costs of pension payments, they should keep in mind issues of fairness, equity, and transparency.

At that point, she is eligible to begin collecting her pension; each year she stays in the classroom, she forgoes a year of pension payment.

She wrote an opinion piece published Feb. 14 in The New York Times that attacked a Cuomo proposal to let cities defer some of their pension payments, which they could pay later with interest.

But the total value of her retirement would actually decrease from $ 937,500 to $ 930,000, because by working an additional year, she is giving up one year's worth of pension payments.

In other words, the year of pension payments she foregoes is greater than the additional pension benefit she accrues from working an extra year.

If she lives until age 80, then she would collect 18 years» worth of pension payments, and the total value of her pension would be $ 652,500 (ignoring factors like inflation and cost - of - living adjustments).

Chicago Public Schools have some 600,000 seats but only 400,000 kids, while the district faces a $ 1 billion deficit next year and over $ 300 million of pension payments.

(b) Impose special tax assessments on state and local government pensions in the amount of 50 % of all pension payments in excess of $ 60,000 per year and 75 % of all pension payments in excess of $ 100,000 per year.

In FY17, approximately $ 19 million of the pension payment was made throughout the year and approximately $ 464 million was made on June 30, 2016, the last day of the fiscal year.