Sentences with phrase «pension package»

He pushed for a less - generous pension package for newly hired workers, which will reduce burdens in the long term, and a system that lets municipalities amortize their payments to get through a current spike.

Typically, teachers have perks like excellent healthcare and pension packages which aren't counted as «income.»

Critics also pointed out that the plans will create greater discrepancies between the retirement date for public sector workers, many of whom will still retire at 60 with lucrative pension packages, and other workers who will have to wait much longer to receive their basic state pension.

Mr. Cuomo also plans to revamp the state pension system by establishing a new and «less generous» pension package called Tier VI, which would only affect new state employees.

One of the measures is potentially significant because it represents the first attempted rollback of any provision of Gov. Andrew Cuomo's «bold and transformational» Tier 6 pension package of 2012.

And in Germany, researchers at the Max Planck Institutes have little incentive to join because they already enjoy attractive pension packages.

Public school teachers» pay has risen markedly, and their benefits continue to be excellent, including strong pension packages.

It came about after the Public Accounts Committee (PAC) heard details of the school's headteacher Sir Greg Martin was paid a # 175,000 management fee in 2013/14, on top of his # 229,000 salary and pension package as head of the academy.

Incorporating funding contributions further diminishes the overall pension package for new teachers.

A tough job market and competition for vacancies is exacerbated by those coming towards the end of their careers that have been forced to stave off retirement to compensate for their unexpectedly low pension packages.

Typically teachers have many perks like excellent healthcare and pension packages which aren't counted as «income.»

The memo was sent to commissioners on Wednesday afternoon — just as Cuomo's office was publicly releasing his proposed legislation to establish a less - generous «Tier VI» pension package for public employees.

Pensions packages could be drawn up depending on a person's life expectancy and future health.

In 2008, as part of a merit - pay agreement with the teachers» union, the Bloomberg administration shepherded a pension package through Albany that allowed teachers to retire five years earlier than before, but with full pension benefits.

On Monday, the largest public workers union, the CSEA, suspended all political endorsements and campaign contributions over the pension package, saying lawmakers traded the retirement security of future workers in exchange for new district lines, which were also passed in the all night session.

They found that when perks like healthcare and pension packages are taken into consideration, teachers are in fact overpaid.

When compared to other professions, teachers actually do considerably better when taking into account the various perks they get — generous healthcare and pension packages, etc..

What their study includes — and the Center for American Progress» conveniently omits — are the perks that teachers typically receive as part of their compensation package, like excellent healthcare and pension packages that aren't counted as «income.»

Now I have cashed out my pension package and stock option from my previous employer, making this a great time to clear up my portfolio.

* Pension package * Fresh fruit daily, fresh coffee, free soft drinks & our very own ** well stocked ** beer fridge * In - depth training programme, with onsite trainers and your very own mentor.

These can include social security benefits, retirement plans, premium healthcare insurance, disability benefits, pension packages, and paid time off.

All that counts at CREA is the pension package.