Sentences with phrase «over the pension benefit»

Counsel to the plaintiffs in a proposed class action over the pension benefit entitlements of members of the clinical faculty of a university.

Not exact matches

Chriss pegs growth in the contingent work force to structural changes in employment over the past decades, including a decline in enrollment in defined - benefit pension plans and growth in the average duration of unemployment.

The news that the Pension Benefit Guaranty Corp. will guarantee assets that savers roll over from 401 (k) accounts to certain pension plans met with a resounding thud in a CNBC Digital readePension Benefit Guaranty Corp. will guarantee assets that savers roll over from 401 (k) accounts to certain pension plans met with a resounding thud in a CNBC Digital readepension plans met with a resounding thud in a CNBC Digital reader poll.

Even investors with generous benefits and pension plans must take on some risk to build a decent nest egg, «so do you really care if markets go up or down 15 % over a six - month period?»

As tax revenues have shrunk, the city's financial obligations have grown — mainly to an ever - expanding pool of 30,000 retirees, promised life - time pensions and health benefits by short - sighted government officials over decades who consistently failed to fund those future obligations.

Torstar is investigating a merger of its pension plan assets with a multi-employer plan called CAAT, which would take over the obligation for paying past accrued benefits and future pension benefits of Torstar employees.

In addition to the Canada Pension Plan Account, there was a Canada Pension Plan Investment Fund that would take the surplus that accumulated over and above administration costs and the amount of money required to pay immediate benefits (i.e. three months» worth) and invest it in provincial and federal securities.

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!

Saunders, the president of the Vancouver and District Labour Council, says that Canadian workers and their pensions are more exposed to risk during market trouble because of the successful campaign over the past decades to move from defined benefit pensions, which guarantee a certain monthly amount when you retire, to defined contribution plans, promoted by market enthusiasts.

All individuals over the age of 18 who work inside of Canada are eligible to contribute toward and receive benefits from the Canadian Pension Plan (CPP).

The «All Plan Universe» currently tracks the performance and asset allocation of over $ 650 billion in assets under management across Canadian defined benefit (DB) pension plans, and is a widely - recognized performance benchmark indicator.

And the overall median value of retirement assets of those aged 55 to 64 with no accrued employer pension benefits (representing 47 % of this age cohort), is just over $ 3,000.

Other company benefits, such as a 401 (k) or pension plan, help you build retirement security over time.

Finance Minister Jim Flaherty is describing an expanded Canada Pension Plan as a «payroll tax,» but says he can see how such a move would benefit Canadians over the long term.

The premium hikes would be spread over at least five years (Addition — the CLC has proposed seven), and those employers already offering generous workplace pensions will likely reduce their pension costs to reflect increased CPP benefits.

«The advisor should help them address Social Security benefit timing optimization, pension election decisions, if applicable, the projection of resources over time [and any] special needs.»

The rule is long — running over 1,000 pages — and complicated, but «doable» for financial advisors, says Marcia Wagner, managing director of the Wagner Law Group, a Boston law firm specializing in employee benefits and pension law.

This brief uses data from the Current Population Survey Annual Social and Economic Supplement5 to examine the importance of public pensions to black retirement security, and why the twin threats to public pensions — cuts to state pension benefits and the decline in public employment over the past two decades — particularly threaten the retirement security of African American workers.

The party's new policy expresses great concern that the current methods used to evaluate defined benefit (ie final salary and career average) pensions have been unable to cope with these unprecedented market conditions, and this, coupled with over-regulation on the part of the Pensions Regulator, had produced wildly volatile deficits which no - one could predict — wholly unsatisfactory for schemes that have to plan over half a pensions have been unable to cope with these unprecedented market conditions, and this, coupled with over-regulation on the part of the Pensions Regulator, had produced wildly volatile deficits which no - one could predict — wholly unsatisfactory for schemes that have to plan over half a Pensions Regulator, had produced wildly volatile deficits which no - one could predict — wholly unsatisfactory for schemes that have to plan over half a century.

Lord Heseltine comments on the reported rift between George Osborne and work and pensions secretary Iain Duncan Smith over benefit cuts.

As a result, he received over $ 95,000 in pension benefits that he was not entitled to receive.

All four candidates also said they would favor collective bargaining with city employee unions over possibly reducing pension benefits for new employees in order to rein in the budget, rather than a unilateral decision by the city.

The property tax cap adopted last year, and this year's pension reform, will produce benefits over time.

:: Urgently pay Edo State pensioners over 42 months outstanding pension benefits and entitlements from the over N29bn Paris Club refunds received by your government and meant for the payment of pension arrears and gratuities;:: Adopt a human rights policy of guaranteeing regular payment of pension benefits and entitlements so that pensioners and their families can live decently;:: Recognize the human rights of Edo State pensioners and ensure their full and effective enjoyment of those rights, as well as provide them with information to enable them to claim their rights;:: Treat all pensioners in Edo State as individuals with humanity and dignity and respect and promote their higher standard of living and improve economic and social conditions for all pensioners;:: Provide Edo State pensioners with proper support and assistance to alleviate their plight, including by ensuring informal, community - based and recreation - oriented programs for pensioners to help develop their sense of self - reliance and independence;:: Reduce opportunities for corruption in the spending of the Paris Club refunds

The group in an open letter to the governor noted that Edo pensioners are owed «over 42 months outstanding pension benefits».

Paul Cann, director of policy at Help the Aged, said: «Someone who claims pension credit over the phone will in future get council tax benefit and housing benefit as a matter of course, without the need to fill in any forms at all.

Many of the welfare reforms and reductions are likely to prove temporary as Iain Duncan Smith, the Work and Pensions Secretary, is developing plans for a radical «universal credit» which will replace all out - of - work benefits over the next decade.

Paterson's December 2009 pension measure reversed benefit sweeteners enacted by the State Legislature over the previous 25 years, while trimming police and fire pensions a bit more.

State employees would receive no general wage increases for three years and pay more for their pensions and health care benefits under a tentative deal with Gov. Dannel P. Malloy that would save the state more than $ 1.5 billion over the next two years, officials said Monday.

A massive pension fund run by Wall Street fuels the debate in Congress over cuts to retiree benefits.

Yegeri also explained the DA's desire for state officials also enact legislation stripping pension, retirement benefits and control over campaign funds from elected officials convicted of a crime, expelled from office, or resign due to a crime committed during their service.

Several of his ethics reform proposals were approved in the most recent state budget, including forcing legislators to reveal all outside sources of income over $ 1,000 and the loss of pension benefits for elected officials convicted of corruption.

Public employee unions were angry with the governor for reducing pensions benefits for new workers, and teachers were upset over a property tax cap, which impacts school budgets, and test - based evaluations.

The Department for Work and Pensions (DWP) said it would review the committee's recommendations, but said over five million low - earners were already helped by council tax benefit.

In 2011, Mr. Lynch called Mr. Bloomberg a «liar» over a disagreement about pension benefits.

The government is also under pressure over the possible impact on family budgets of changes to welfare, following reports that Iain Duncan Smith, the work and pensions secretary, is looking at plans to cut child benefit.

A fight over disability pension benefits escalated on Friday, with the de Blasio administration defending its proposal and police and fire unions and members of the City Council claiming it short - changes uniformed workers, forcing them to choose between a better line - of - duty pension or a higher cost - of - living increase after retirement.

He argued that such a policy would provide huge gains to the exchequer by (over time) removing the cost of both means - tested benefits and tax incentives for pensions.

To prevent the impending lapse of mayoral control over New York City schools, the state Legislature and Governor Andrew Cuomo passed a two - year extension Thursday as part of a larger omnibus bill, which included a pension enhancement for certain uniformed workers, special recognition for former Governor Mario Cuomo, and several benefits for upstate areas.

Over the years, state lawmakers have stripped away school funding as well as the wages, pensions, workplace rights and health benefits of public school educators.

A Florida man has been charged with stealing over $ 180,000 in New York State pension benefits.

And spokesman Rich Azzopardi says Cuomo has already created a new pension tier for retired workers with reduced benefits and taken over the costs for the growth of Medicaid.

That this House declines to give a Second Reading to the Welfare Benefits Up - rating Bill because it fails to address the reasons why the cost of benefits is exceeding the Government's plans; notes that the Resolution Foundation has calculated that 68 per cent of households affected by these measures are in work and that figures from the Institute for Fiscal Studies show that all the measures announced in the Autumn Statement, including those in the Bill, will mean a single - earner family with children on average will be # 534 worse off by 2015; further notes that the Bill does not include anything to remedy the deficiencies in the Government's work programme or the slipped timetable for universal credit; believes that a comprehensive plan to reduce the benefits bill must include measures to create economic growth and help the 129,400 adults over the age of 25 out of work for 24 months or more, but that the Bill does not do so; further believes that the Bill should introduce a compulsory jobs guarantee, which would give long - term unemployed adults a job they would have to take up or lose benefits, funded by limiting tax relief on pension contributions for people earning over # 150,000 to 20 per cent; and further believes that the proposals in the Bill are unfair when the additional rate of income tax is being reduced, which will result in those earning over a million pounds per year receiving an average tax cut of over # 100,000Benefits Up - rating Bill because it fails to address the reasons why the cost of benefits is exceeding the Government's plans; notes that the Resolution Foundation has calculated that 68 per cent of households affected by these measures are in work and that figures from the Institute for Fiscal Studies show that all the measures announced in the Autumn Statement, including those in the Bill, will mean a single - earner family with children on average will be # 534 worse off by 2015; further notes that the Bill does not include anything to remedy the deficiencies in the Government's work programme or the slipped timetable for universal credit; believes that a comprehensive plan to reduce the benefits bill must include measures to create economic growth and help the 129,400 adults over the age of 25 out of work for 24 months or more, but that the Bill does not do so; further believes that the Bill should introduce a compulsory jobs guarantee, which would give long - term unemployed adults a job they would have to take up or lose benefits, funded by limiting tax relief on pension contributions for people earning over # 150,000 to 20 per cent; and further believes that the proposals in the Bill are unfair when the additional rate of income tax is being reduced, which will result in those earning over a million pounds per year receiving an average tax cut of over # 100,000benefits is exceeding the Government's plans; notes that the Resolution Foundation has calculated that 68 per cent of households affected by these measures are in work and that figures from the Institute for Fiscal Studies show that all the measures announced in the Autumn Statement, including those in the Bill, will mean a single - earner family with children on average will be # 534 worse off by 2015; further notes that the Bill does not include anything to remedy the deficiencies in the Government's work programme or the slipped timetable for universal credit; believes that a comprehensive plan to reduce the benefits bill must include measures to create economic growth and help the 129,400 adults over the age of 25 out of work for 24 months or more, but that the Bill does not do so; further believes that the Bill should introduce a compulsory jobs guarantee, which would give long - term unemployed adults a job they would have to take up or lose benefits, funded by limiting tax relief on pension contributions for people earning over # 150,000 to 20 per cent; and further believes that the proposals in the Bill are unfair when the additional rate of income tax is being reduced, which will result in those earning over a million pounds per year receiving an average tax cut of over # 100,000benefits bill must include measures to create economic growth and help the 129,400 adults over the age of 25 out of work for 24 months or more, but that the Bill does not do so; further believes that the Bill should introduce a compulsory jobs guarantee, which would give long - term unemployed adults a job they would have to take up or lose benefits, funded by limiting tax relief on pension contributions for people earning over # 150,000 to 20 per cent; and further believes that the proposals in the Bill are unfair when the additional rate of income tax is being reduced, which will result in those earning over a million pounds per year receiving an average tax cut of over # 100,000benefits, funded by limiting tax relief on pension contributions for people earning over # 150,000 to 20 per cent; and further believes that the proposals in the Bill are unfair when the additional rate of income tax is being reduced, which will result in those earning over a million pounds per year receiving an average tax cut of over # 100,000 a year.

One received $ 118,696 in annual pay and benefits from the foundation, as well as a state pension of just over $ 76,000 for the same position.

S&P cited the County's «strong budgetary flexibility that has remained consistent over time,» «very strong liquidity, with strong access to external liquidity,» «strong management, with good financial policies and practices in place,» and the County's «strong debt and contingent liability profile, with limited exposure to fixed costs associated with pension and other postemployment benefit libation (OPEB) liabilities.»

Iain Duncan Smith's Department of Work and Pensions (DWP), which clashed with No 10 repeatedly over the introduction of the universal credit, is once again at war with Downing Street over the future of benefits for old - age pensioners.

9.05 am: According to Lord German, a Lib Dem work and pensions spokesman in the Lords, the government may back down over plans to impose a # 26,000 cap on the benefits that a single family can receive every year.

Work and pensions secretary Iain Duncan Smith revealed he was in talks with a number of other European countries over how EU rules could be changed to make it harder for new arrivals to swiftly claim benefits.

«There are those who contest that the UK has historically set far too much store by home - ownership and that we should be unconcerned that the average age of the first - time buyer is approaching forty but taken together, this trend, the spread of means - tested benefits, the regime for long term care, the damage done to private pension provision by one of Gordon Brown's earliest misjudgements, compounded by the current squeeze on household finances which has seen over a million people forced to abandon contributions to their pension funds, all amount to a massive turn away from a culture of property ownership with the responsibility and independence that goes with it.»

Mr. Cuomo used his power over the decennial redistricting process to win some victories in March: He was able to get lawmakers, who wanted him to sign the gerrymandered legislative maps they had drawn, to agree to curb pension benefits for future public workers, to create a more rigorous system for evaluating schoolteachers, and to take the first step toward legalizing a significant expansion of casino gambling.