Sentences with phrase «pension systems impose»

Not exact matches

The New York City bill would have imposed roughly $ 400 million in new costs on city taxpayers in the next four years, adding billions in liabilities to an already under - funded pension system.

Even in the places where charter schools are not required to participate, state pension plans impose rules that disadvantage teachers who move into or out of the system.

In a recent Education Next article, «Golden Handcuffs,» we talked about winners and losers in teacher pension systems, and about the huge costs these systems impose on mobile teachers due to the back - loading of benefits.

Koedel, Ni, Podgursky, and Xiang liken the costs associated with switching between pension systems to a tariff, «Rather than promoting free trade and labor mobility, the pension plans effectively are imposing a tariff on the import or export of human capital between» the separate pension systems.

Pension splitting is based on the fact that Canada's graduated income tax system imposes far higher rates of tax on big earners than on modest or non-existent earners.