Sentences with phrase «pension accounting lack»

Not exact matches

With the shift from pensions to individual savings, gone are the days when many retirees could rely on a regular check when they retire — and as many as half of all workers lack access to employer - sponsored retirement accounts at all.

But there are other Canadians, because of lack of an employer pension plan, because they don't contribute to RRSPs or they don't contribute to tax - free savings accounts, aren't saving enough.

Asked about Stringer's lack of investment income, his campaign noted that he does have a pension from his years of public service, a 457 deferred compensation plan (similiar to a 401K), which he can't touch until retirement, and a college savings account for his first child.

Syracuse, NY - Mayor Stephanie Miner made her boldest statement yet against the popular Democratic Gov. Andrew Cuomo when she said his plan to help cities with pension costs was an accounting gimmick and that the state lacks leadership.

Last week, Miner wrote an op - ed piece that called Cuomo's pension proposal an accounting gimmick and said the state lacks leadership.

While the Pension Protection Act has required employers to allow employees with company stock in the plan to gradually diversify out of it, a recent Vanguard study of its clients showed that 8 % of employees had more than 80 % of their account balances in company stock, revealing a lack of understanding of the risks of not diversifying.