Sentences with phrase «outdated pension system»

Almost all federal workers today participate in a hybrid retirement plan, which itself replaced an outdated pension system and has provided employees with secure, portable retirement benefits.

Now is absolutely the right time to live up to our responsibility to reform our outdated pension system and to take action where the previous government failed to do so.

Not exact matches

Pension system models are very outdated and hardly used anymore so why does NYS continue?

Budgetary shortfalls, school district bankruptcies, teacher and administrator layoffs, hiring and salary freezes, pension system defaults, shorter school years, ever - larger classes, faculty furloughs, fewer course electives, reduced field trips, foregone or curtailed athletics, outdated textbooks, teachers having to make do with fewer supplies, cuts in school maintenance, and other tales of fiscal woe inevitably captivate the news media, particularly during the late - spring and summer budget and appropriations seasons.