Sentences with phrase «pension systems work»

How you think about that question will inform how you think about how well most teacher pension systems work today.

If job mobility is a given, how can a pension system work with rather than against that reality?

Not exact matches

Chile provides a safety net for those who fall into poverty in old age, but it's still an imperfect pension system that needs work.

I would argue that the one of the primary reasons the Fed is working hard to keep the stock market propped up is because, if the Dow / SPX / Nasdaq were to fall 5 - 10 % for an extended period of time — as in more than a month — the entire U.S. pension Ponzi scheme would blow up and decimate the financial system.

The work and pensions secretary has finally published his white paper on shaking up the benefits system after months of build - up.

«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.»

Shadow work and pensions secretary Douglas Alexander indicated he was likely to support much of the proposals, telling the Today programme: «If we can move to a benefits system that is simpler and makes it easier for people to move from welfare to work, that's the right thing to do.»

«As a fiduciary of the New York City Employee Retirement System for the last 8 years, Scott has worked with his fellow trustees to grow the City's pension funds through prudent investments, improving diversification and ensuring more rigorous assessment of risks to investments such as corporate accountability and violations of environmental regulations.»

«The Department of Work and Pensions has a long track record of misusing statistics when it comes to the benefits system, and it's clear this was a tactic to vindicate further welfare cuts,» Parkinson's UK policy advisor Donna O'Brien said.

The Department for Work and Pensions (DWP) says that sanctions surged late last year because the department was clearing a backlog of cases, which had built up amid problems introducing the new benefit system.

However, Labour has pointed out that there will be much lower in - work benefit payments for new claimants put on universal credit — the system championed by the work and pensions secretary, Duncan Smith.

The shadow work and pensions secretary, Rachel Reeves, said the UK social security system «was never designed for the levels of migration we are now seeing».

The Work and Pensions Department has accepted that # 34 million was wasted during the implementation of the Universal Credit system, before a technical support was called in to redesign the IT.

Gordon Brown does not have the ultimate power over changes to the pension system, according to the work and pensions secretary.

The work and pensions secretary's universal credit system is the most ambitious welfare project since Beveridge.

In response to Cabinet Office minister Francis Maude's admission that the implementation of the Universal Credit system has been «pretty lamentable», the Department for Work and Pensions has told ITV News Iain Duncan Smith has «not shied away from any tough decisions» over the policy:

However, opposition MPs condemned the proposals as too timid, and shadow work and pensions secretary Philip Hammond said they would be a «huge disappointment» to the 1.5 million families stuck on the current CSA system and expecting action.

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.

The pension system would look at a guy working full - time, refusing his pension, and say «ah ha!

The Work and Pensions Secretary said that the planned universal benefits system would be means - tested on household income, rather than individual earnings, to iron out the anomalies in Mr Osborne's plan.

The former work and pensions secretary, whose resignation from the cabinet and criticism of Gordon Brown last June nearly toppled the prime minister, has told his constituency Labour party in Stalybridge and Hyde he will be standing down as their MP but that his decision is personal and, after 20 years in the Westminster political system, no reflection on Labour's chances at the next general election.

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.

Work and Pensions Secretary, Iain Duncan Smith, defends major changes to welfare that are coming into force, saying they make the system fairer.

In his acceptance speech, DiNapoli cited his work to audit state spending, manage the state's pension system to a record high and help financially struggling cities and towns.

The Senate President's motivation for the reform package of 2011 was to save the pension system from going under, to ensure that hard - working public employees received their pensions during retirement that they had been counting on throughout their careers.

Citing stances the Senators have taken detrimental to the cause of working people, the flyers highlight: Protecting a failed tax system that favors the privileged at the expense of working people; increasing the tax on health insurance; siding with big corporations and against teachers and students to pass a Charter School Bill - with no real reform; creating a new Tier V pension; and attacking education by supporting an irresponsible property tax cap.

When Mr. Miller showed me the reply to his letter to Ms. Quinn, dated December 6, 22012, it yet again contradicts her initial letter to me from six years ago, suggesting that her office can not help me, despite an incomplete investigation by DOI investigators, intimating that the Transit Authority is a state governed agency (I maintained a CITY pension with New York City Employees» Retirement System, and the agency that I worked for is the MTA New York City Transit).

«The idea that one day you work and the next you stop can be a shock to the system,» said pensions minister Mike O'Brien.

Yet earlier this year Lord Freud, a work and pensions minister, told the House of Lords that food banks were not considered part of the welfare system.

Dr. Townsend published his plan in a local Long Beach newspaper in early 1933 and within about two years there were 7,000 Townsend Clubs around the country with more than 2.2 million members actively working to make the Townsend Plan the nation's old - age pension system.

In a painfully methodical fashion, Gove rattled off odes to Jeremy Hunt and the Department of Health, Ian Duncan Smith and the Department of Work and Pensions - «the welfare system is being reformed not to save money, but to save lives» — Theresa May and the Home Office, before finally singing the praises of Chris Grayling and the Department of Justice.

We have to send out a clear message across both the welfare and pension systems - you will be better off in work than on benefits, and you will be better off in retirement if you save.

The Child Support Agency (CSA) is an executive agency of the Department for Work and Pensions, which is responsible for administering the system of child maintenance under which non-resident parents are required to pay towards the upbringing and support of their children.

Problems continued under the new system and in December 2006, Work and Pensions secretary John Hutton announced plans to set up the Child Maintenance and Enforcement Commission (CMEC) to take responsibility for the UK's child maintenance system.

«the compensation system for federal judges in the United States creates a very powerful economic incentive to retire at a reasonable retirement age by virtue of how the defined benefit pension plan works, that most judges assent to not long after reaching that age.»

But, the compensation system for federal judges in the United States creates a very powerful economic incentive to retire at a reasonable retirement age by virtue of how the defined benefit pension plan works, that most judges assent to not long after reaching that age.

Despite knowledge, experience, technology and hard work by many, somehow our health, education, welfare, pension and public transport systems seem to be ever closer to meltdown.

Liberal Democrat work and pensions spokesman Steve Webb said rising unemployment had exposed the meanness of the benefits system.

«As both the State's and the people's lawyer, the Attorney General is uniquely positioned as an independent voice in shaping pension fund reform, ultimately ensuring that the system works better for taxpayers and retirees alike.»

The Times reported that the department for work and pensions (DWP) would be able to claim upfront a «large chunk» of the # 9bn annual savings which Mr Duncan Smith believes the new system will achieve through lower administration costs and reduced fraud.

He wants the good public employees to provide information about their coworkers and bosses who don't work hard enough, misuse state cars and expense accounts and double dip on the state pension system.

Stephen Crabb, the work and pensions secretary, said: «UC is transforming welfare and is central to our vision for our society where people of all backgrounds can earn a decent wage and provide for their families, with claimants moving into work faster and earning more than under the old system.

The money saved would help Iain Duncan Smith, the Work and Pensions Secretary, to implement his radical plans to reform the welfare system.

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.

Following evidence from Citizens Advice outlining that the new system increases debt and financial insecurity for recipients, the current work and pensions secretary David Gauke has been advised to delay the systems full roll out and shorten waiting times for first payments.

While Mulrow was listed as a Blackstone lobbyist working to influence the $ 289 billion New York state pension system, Blackstone secured hundreds of millions of dollars in new pension investment commitments for the firm — far more than it had during the four - year period before Cuomo's first term.

The work and pensions secretary insisted the money spent on the system, which is intended to manage the implementation of universal credit, was roughly in line with what the private sector would expect to lose on a major IT project.

Speaking during prime minister's questions, Mr Blair maintained that the government can not afford to commit to standing behind the collapse of every pension scheme, while claiming that the current system of compensation is working.

«From his staunch defense of the defined benefit pension system to his efforts to safeguard their hard - earned tax dollars, no one does more to protect working people than Comptroller DiNapoli.

David Bookstaver, a longtime spokesman for the state court system, accidentally butt - dialed a NYC Post reporter, who heard Bookstaver joking with colleagues that he barely shows up to work while pocketing a $ 166,000 - plus salary and boosting his taxpayer - funded pension.