Sentences with phrase «pension benefits for»

Facilitate a broad range of functions including actuarial valuation database maintenance and administration of pension benefits for defined benefit and defined contribution plans.
If the general rule applies, that doesn't mean that the dismissed employee must receive the value of pension benefits for the entire period of common law notice.
Last Friday, the Supreme Court of Canada decided Canada (Attorney General) v. Hislop, which upheld in part and invalidated in part the legislation that restricted access to pension benefits for the surviving partner of a same sex relationship.
The Pensions Ombudsman (TPO) has ruled Enfield Council can not withhold pension benefits for a man who embezzled nearly # 500,000, due to the Local Government Pension Scheme (LGPS) rules...
Moreover, extremely high (and rising) pension costs have played a role in keeping teacher salaries flat in recent years, and those costs have also contributed to large cuts in pension benefits for new teachers.
Rather than prudently saving the surplus funds, many states passed legislation to enhance or increase pension benefits for public workers.
Alternatively, when a recession hits, legislators can reduce pension benefits for new workers without angering any particular constituency.
Riding the wave of record high stock prices on Wall Street, the fund providing pension benefits for California teachers and school administrators reported Monday that it earned a return of 18.66 percent on its assets for the year that ended June 30.
The law includes a number of reforms that reduce pension benefits for retirees and current employees.
Backers say it would require voters to approve guaranteed pension benefits for new workers, as well as benefit increases for current ones.
Unhappy with those findings, they then exaggerated the value of teacher compensation by comparing the retirement benefits of the small minority of teachers who stay in the classroom for 30 years, rather than comparing the pension benefits for the typical teacher to their peers in other professions.
Pension benefits for public school teachers (and most public employees) are far more generous than for private sector professionals.
Teachers who retire in their mid-fifties are likely to draw pension benefits for at least as many years as they taught.
Indeed, pension benefits for full - career far workers typically have a higher rate of investment return than Social Security.
A group of active and retired Chicago city employees and four unions that represent them — AFSCME Council 31, the Chicago Teachers Union, the Illinois Nurses Associations and Teamsters Local 700 — filed suit today in Cook County Circuit Court to overturn Senate Bill 1922 (Public Act 98 - 0641), legislation to sharply reduce pension benefits for city workers and retirees who participate in the Municipal Employees Annuity and Benefit Fund (MEABF).
Legislators were accused of «pension theft» for making prospective changes that only reduced pension benefits for those who had 20 years -LRB-!)
In this issue, Michael Podgursky and Robert Costrell (see «Teacher Retirement Benefits,» research) show that pension benefits for teachers have risen rapidly even in the past four years, outpacing those provided by the private sector by 40 percent.
On one hand, women live longer than men, on average, and therefore tend to collect their pension benefits for more years.
Another way to put it is that the average woman who retires at age 55 receives 85 cents in pension benefits for each dollar received by the average man.
For a new California teacher, even the limited refund policy would be worth more than her actual lifetime pension benefits for the first 22 years of her career.
In New Jersey, a flood of teachers are retiring this month in response to a proposal to reduce pension benefits for future retirees.
Teachers who retired early because of the ERI, however, could expect to receive pension benefits for more years than if they had retired later.
Even 15 or 20 years in, pension benefits for teachers are relatively small.
In 1999, Saint Louis offered retroactive improvement in pension benefits that cost the city $ 166 million, or $ 52,000 per teacher, in 2013 dollars, and promised far more valuable pension benefits for future hires.
Based on a true case in New Jersey less than a decade ago, when the fight for pension benefits for domestic partners was a first step and gay marriage a pipe dream, «Freeheld» came across as a clear reminder of how quickly and how dramatically things can change.
Last year, the state created a different tier of pension benefits for new public employees, savings for taxpayers that will be realized decades from now.
Last year, Cuomo proposed and the state legislature approved reducing pension benefits for new state workers.
«We really are up against it,» Mayor Michael R. Bloomberg said during a recent trip to Albany, urging the state to reduce pension benefits for future public employees.
As fire and police union officials rallied in Albany with Gov. Andrew Cuomo today for increased disability pension benefits for injured officers, the City Council hastily scheduled a hearing to vote through an opposing proposal from Mayor Bill de Blasio that the unions say does not go far enough.
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.
«In Gombe State, there is N300m executive pension benefits for the ex-governors.
Of course, Bloomberg had his legislative victories, including a reduction in pension benefits for newly hired workers, the legalization of same - sex marriage and reauthorization of mayoral school control.
We need real ethics reforms: eliminating pension benefits for convicted corrupt officials, a ban on personal use of campaign funds, a full - time legislature with sharp limits on conflicts of interest, and full - disclosure requirements for personal finances.
Cuomo had just reduced pension benefits for newly hired public workers and cut taxes on the rich.
Five members of the City Council are withdrawing their support for a resolution that would boost disability pension benefits for New York City police officers and firefighters.
Salaries, health care and pension benefits for state workers represent one of the largest and fastest - growing areas of spending, accounting for about one - fifth of all state dollars.
But the unions are not in a mood to cede further ground, after failing this year to block legislation that reduced pension benefits for future public workers.
Where he traded a reduction in pension benefits for the ability to draw legislative districts and authorized the state's first charter schools in exchange for a pay raise.
The Green Party candidate cites Cuomo's budget cuts, enacting lowered pension benefits for new state workers and refusal, so far, to ban hydrofracking.
But those unions are now angry that McDonald fell in line with other Republicans (and Andrew Cuomo) voting to reduce pension benefits for new public employers.
And the governor says he will ask the legislature to agree to lower pension benefits for future state workers.
The governor was criticized for using messages of necessity, long a staple of backroom deal - making at the Capitol, when he brokered agreements to reduce pension benefits for new public employees and change legislative district lines.
(CNN)- Sen. Patty Murray, co-crafter of the bipartisan budget agreement and member of the veterans affair committee, said Wednesday cuts to pension benefits for some military veterans under the spending plan was a part of a compromise to avoid billions in cuts to the defense industry.
New Yorkers also oppose (56 - 37) reducing pension benefits for public employees, despite the fact that experts like the Empire Center's EJ McMahon have warned the state is headed for a serious fiscal mess if generous taxpayer - funded benefits packages aren't scaled back soon.
Seward is pointing to his proposal that would end the full pension benefits for those officials found guilty of corruption.
On tap for discussion: The safety of police officers in the current climate, the impact of community policing (a topic that has been hotly debated in the wake of the Garner case), police training and equipment in light of statistics on assaults on cops, the grand jury process, death and pension benefits for the families of fallen officers and more.
It's possible lawmakers will also consider a measure to bolster pension benefits for New York City police and firefighter unions as well as an extension of local sales tax measures.
* The 62 - year - old Mayor will continue efforts to persuade Governor Cuomo to veto a bill that would raise pension benefits for some retired city employees and cost the city about $ 100 million a year.
He was elected in 2010 as a «new Democrat» who married centrist economic policies — a cap on property tax increases, business tax cuts, a reduction in pension benefits for new public employees — with liberal social policies like strict gun control and support for same - sex marriage.
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.
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