"Pension payments" refers to regular income that is provided to individuals, usually retired workers, as a form of financial support. It is a fixed amount of money that is paid regularly, typically monthly or annually, to help them cover their living expenses after they have stopped working.
Full definition
The trustee makes an honest administrative error when calculating the minimum
pension payment in the relevant income year.
Pension wealth is the cash value of the expected future stream
of pension payments at various points in an educator's career.
The trustee does not satisfy the
minimum pension payment for one member but does for another member in an income year.
Some pensions calculate your
monthly pension payment so that you get a higher pension until age 65 and then a lower pension after age 65.
Long - term debt and liabilities such
as pension payments, health care benefits for retirees and potential payments in legal disputes are also a factor in credit ratings.
All together, the city's 2009 retirees will receive roughly $ 1.7 million a year in
pension payments from the state's $ 129 billion system, primarily paid for by taxpayers.
Depending upon the type of policy you have, you could
receive pension payments for a defined period of time, or for the length of your natural life.
The final source of income made by some legislators comes in the form of
state pension payments they can receive if they retire immediately before beginning a new term.
In 49 states, a majority of teachers will not break - even and will receive
future pension payments worth less than their own retirement contributions (see figure).
Just a few years of earning the higher salary will pay big dividends in the form of
higher pension payments every year in retirement.
Now the governor would allow districts to opt into a system that would
reduce pension payments over a number of years in anticipation of future savings.
That was still the case in the fourth quarter when you
include pension payments, but strong organic growth gives the dividend more growth potential long term.
This is why most pension programs hold bonds or fixed income in their portfolios in order to «match - up» fixed liabilities associated
with pension payments.
So, with longevity derivatives, the risk is people living too long leading to
more pension payments in future years.
Again, one of the main reasons is that teachers who split their career often can not begin
collecting pension payments as early as those who stay in one system.
Those measures allowed the school board to impose a $ 250 million property tax increase to cover
teacher pension payments, and sent $ 131 million of new grant revenue to the district.
A union member with fixed
pension payments does not have to worry as much about savings and can probably invest with a much lower amount in the bank.
No, for a trustee to meet the minimum
pension payment standards they must meet the payment requirements both in form and effect.
The board has projected a $ 100 million deficit this year, excluding borrowing, one - time revenue and savings from
deferred pension payments.
This would ensure that schools in the district — which disproportionately serve low - income students and students of color — receive
pension payments at the same rate as other schools.
It's also important to remember that receiving a lump
sum pension payment is likely to have some serious tax implications.
He also proposed allowing the state to
strip pension payments from elected officials convicted of crimes related to their public office, regardless of when that official was first elected.
Employee pension payments, including payments from a defined benefits plan, should generally not reduce the damages otherwise payable for wrongful dismissal.
While these rule changes on
guaranteed pension payments seem promising, just how willing employees will be to add their 401 (k) proceeds to their pensions is up for debate.
We originally planned to use our
military pension payments to purchase more properties, but have instead diversified into low cost index funds and a few selective bond offerings as a hedge.
My colleagues and I in the new majority are ready to work with the county executive to implement spending cuts that will
ensure pension payments are made without penalty.
If you have a defined benefit plan, you may discover that you can only get your money out through the
eventual pension payments themselves.
You do not need to
report pension payments, investment earnings / losses or when an income stream is closed because the interest has been exhausted.
This feature enables the policyholder to earn the dual benefit
of pension payments and even a lump sum payment to the nominee which can be put to any use as deemed necessary.
Phrases with «pension payments»