Sentences with phrase «pension systems also»

The separate pension systems also limit the pool of teachers who are willing to work in the cities.
All members of Congress are automatically (without the option of withdrawal) enrolled in the Federal Employees Retirement System, a pension system also used for federal civil servants.

Not exact matches

The writer correctly predicted the world's population would be near seven billion, and he was also right to anticipate increasing strain on the nation's pension system.
He has also pushed for reforms to the country's pension system.
He also said that state and municipal retirement pension plans should be swept into the Social Security system — and argued that the political pressures are building to force change.
Concerns are also high that Brazil's presidential election could hinder efforts to reform the country's pension system and make other fiscal changes.
Service members may be able to participate in the new blended retirement system, which changes pension guarantees but also provides matching contributions to the Thrift Savings Plan.
75, the federal government also introduced virtually all of the major policy innovations that make up Canada's system of social programs: Canada - wide Medicare, universal pensions, the modern unemployment insurance system, and cost - sharing with the provinces for higher education and welfare.
Uncertainty about labour market reforms, the adequacy of pension systems and future economic conditions may also be discouraging consumers from spending, especially in Germany where these issues have received much publicity.
«We also need to recognise that to meet the challenge of providing an affordable, stable pensions system in a society with ever increasing life expectancy, people will need to work longer.»
All four countries have also been carrying out reforms of their pension systems years in advance of many other developed economies.
Your sources also prevent a very biased picture, the bit about pay - as - you - go pensions simply makes no sense on a macroeconomic level and the Dutch system at least is certainly not based mostly on this (and, in fact, very similar to the structure of the Danish and Finnish systems described in this article).
The pension system is also rather special.
Stringer contrasted his background with that of Spitzer's sheriff of Wall Street persona, saying he would be «the steward: a responsible manager of our pension system» who would keep the banks in line while also working with them to make pension funds profitable.
Mr Hain, who resigned as Work and Pensions Secretary last year over allegations about the funding of his deputy leadership campaign which were later dismissed, also suggested Labour had been too «caught up» in the success of the City to hold the financial system to account.
Taxpayers are also footing the bill for the recent losses in the pension system's investments.
Albanese also supports non-partisan elections and calls for pension system reform, to streamline management of the city's sizeable public pensions.
It also underscores the need for the state Legislature and government employers across the board to rein in a practice for which New Yorkers pay, in the form of higher property taxes, to support what is, on a per capita basis, the nation's costliest pension system.
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.
He also has to find funds for the state's cash - starved public worker pension system.
There are also great opportunities to get Britain's pension system right.
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.
The comptroller has also defended the state's pension system overall, noting that it is fully funded and not in a crisis.
It will also reintroduce gender inequality in the UK pensions system by the back door, because female state pension age will not even reach 65 until 2020.
In fact, Rattner was also being advised by his lawyers to make himself a lower - profile target for federal and state investigators who were probing whether he had paid off a middleman to win a lucrative contract from New York's pension system while he worked on Wall Street, a government source said Wednesday.
Also, for a while there Cuomo was making a push to change the sole trusteeship of the state pension fund — basically the biggest power the comptroller has — into a board system.
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.
Antonacci also wants to offer state workers the option of defined contribution plans, like 401 (k) s. DiNapoli wants to keep the state pension system as it is, saying it protects retirees.
Also at 9 a.m., the executive committee of the board of trustees of the NYC Board of Education Retirement System participates in a common investment meeting of the New York City pension systems, 1 Centre St., Manhattan.
The watchdog also criticised MPs» system of perks and benefits, claiming it is too easy for them to claim expenses and questioning the generosity of MP pensions.
After the «granny tax» in March's Budget, legislation is also expected to be introduced which will establish a single - tier pensions system - making many better off.
We also have to focus on reforming the public pension system — one of the most expensive mandates for local governments.
It would also amend the state constitution to require lawmakers convicted of corruption charges to surrender their pensions, make changes to the per diem system, and create a commission to examine the possibility of a pay increase for state commissioners and lawmakers.
That doesn't include the approximately 3,000 retired school administrators and teachers who also qualified for pensions of $ 100,000 or more, but who are in a separate pension system.
On a side note, the proposals would also apply to lawmakers because they are in the state public sector pension system.
It will also require most workers to increase the portion of their salaries that they contribute to the pension system, with the highest income earners contributing 6 percent.
Instead, that so - called «found money» will also go back into the pension system.
Unlike all other school districts in Illinois, which receive full teacher pension funding from the state, CPS is required to fund its own teacher pension system while its taxpayers also pay into the pension funds of other districts.
Some public entities, including a few teacher pension systems (Ohio's is one), have also started to offer DC or CB - type options in their plans.
Also, it is disingenuous to suggest that lavish salaries and pension spiking are the main or even a primary reason Illinois» teacher pension system is in dire financial straits.
CPS teacher pensions are largely covered by Chicago taxpayers, who also help pay for Teachers» Retirement System pensions.
All the while he also is in the federal pension system.
However, that attempt to boost his pension also fizzled when it was realized that while state law does allow the staff of the State Education Resource Center to be part of the State Teachers Retirement System only but only if they are «employed in a professional capacity while possessing a certificate or permit issued by the State Board of Education.»
The cost to taxpayers for each teacher joining the pension system is about $ 7,600 a year for every year they work — so we are also subsidizing AF schools that way.
The superintendent also sits on the governing boards for the University of California and California State University systems, and for the teachers» pension fund, the California State Teachers» Retirement System.
I'm also sure most would be shocked (if not horrified) to learn that the pension system has significant positions in companies whose products bring addiction, disease, and death to people around the globe.
But charters also have higher annual turnover rates, suggesting that fewer of their teachers will ever truly benefit from existing pension systems.
New Jersey public school teachers are protesting Christie's skipped pension payments, but should also consider how the system itself shortchanges their benefits.
Looking back on your articles regarding Charter Schools in which teachers don't have to be certified and the Governor's proposed changes to make them the new privatized public school system, does this mean those teachers would also qualify for pension and retirement benefits?
In that piece the reporters attributed the district's problems to a range of issues, including rising pension costs and cuts to state education aid, but the piece also noted that it was unclear exactly what the system owed on pensions.
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