Sentences with phrase «pension bump out»
Buyback 10 years of service: You'll have a higher pension bump out of the gate, but it will likely be more than used up in the first 10 years paying the tab on the buyback, which will be about $ 1,700 per month, assuming you use up the LIRA and RRSP.
http://www.moneysense.ca/ Not exact matches
Comptroller officials said the salary bumps were based solely on the median pay for similarly sized public pension boards and that the raises would be paid out of pension - board investment returns.
4) With the bumps in year 5 and 10 this could get very expensive — especially if the pension under - performs causing the terms to stretch out 35 years or more.