Sentences with phrase «pension system overhauled»

Not exact matches

The institutions want Greece to overhaul its pension system and commit to surplus targets.

Controversial reforms Greece promised to pass into law by Wednesday include reforming the VAT system, overhauling pensions and signing up to plans that ensure immediate spending cuts in the event of breaching creditor - mandated budget targets.

Bailout inspectors resumed talks in Athens on Wednesday, pressing Athens for further cost - cutting reforms that include an overhaul of the country's pension system.

In a blog post for the think - tank's website, McMahon takes issue with AFL / CIO President Denis Hughes» statement that with the high rate of return on the state employee pension fund during the last fiscal year, the need for an overhaul of the system (i.e. less generous benefits, is unnecessary).

Speaking at a reporters» lunch in parliament, the Labour leader joked about his relationship with Gordon Brown before assuring the assembled journalists that he would be making radical proposals on overhauling the country's pension system.

Impoverishment and the drastic overhaul of the social - insurance, pension, and health - care systems have sown enormous personal insecurity.The pervasive weakness of the state has led to the narrowing of the real consummation of the already recognised social rights.

Greece's leftist - led coalition will turn to the lightning rod issue of debt relief on Monday at a crucial meeting of eurozone finance ministers following the late - night approval in Athens of laws overhauling the country's tax and pension system.

Suffolk County Executive Steve Levy, warning the present state pension system is about to «collapse like a house of cards,» called an overhaul that would limit the amount of overtime included in pension calculations.

The overhaul of the pension system — along with unpopular tax measures and an increase in VAT — form the central plank of a $ 5.4 bn package of budget cuts and reforms that Tsipras has agreed to enact in exchange for rescue funds from a third, $ 86bn bailout the country signed up to last summer.

Instead, Astorino, the Republican county executive of Westchester took a direct shot at the Legislature, releasing a 10 - point ethics reform package that called for everything from term limits and a less generous state pension system for state lawmakers to an overhaul of the state's Byzantine campaign finance laws.

He also says he will freeze the wages and pensions of state employees and overhaul New York's Medicaid and education systems, which consume more than half of the state's annual budget.

NYFG says that the plan annonuced today doesn't address the major issues, almost uniformly raised by conservatives, such as an overhaul of the pension system and the Triborough Amendment to the Taylor Law.

The governor is also expected push for a tougher teacher evaluation system by linking some, if not all, of the promised 4 percent increase in education aid while also overhauling the state pension system — two moves that will put him on a collision course with powerful labor unions.

Washington (CNN)-- Gov. Chris Christie offered some strong rhetoric to his colleagues from New Jersey Tuesday night, cautioning that if they don't further overhaul the state's pension system, they could set their state on a path toward financial ruin.

Contrast that with Mr Cable's clear demand that we must slash spending on public - sector pensions, cut back sharply on our global defence commitments and overhaul the ruinous tax credits system.

MANHATTAN — Mayor Michael Bloomberg painted a bleak economic picture in his annual State of the City address Wednesday as he outlined a series of contentious reforms to overhaul the pension system and rules governing teacher firing to save the city money.

Mayor Bloomberg and City Comptroller John Liu announced Thursday an agreement «in principle» to a major overhaul of the city's pension system.

«Gov. Dannel P. Malloy outlined Wednesday a sweeping plan to overhaul state government's pension system.»

Unless there's a drastic overhaul in the pension system, it means that younger Canadians will struggle harder and harder to save enough — and even then, many will fall short.