Sentences with phrase «portion of their pension contributions»
This proposal will allow the Judiciary to amortize a portion of their pension contributions with their respective retirement system when employer contribution rates rise above a certain level.
http://www.nystateofpolitics.com/ Not exact matches
The New York Times, graphing pension layouts for the 25 top borrowers, reports Rockland's contribution to the state system to be about $ 30 million, to support pensions for a payroll of just under 3,000 employees, and estimates Rockland's borrowed portion at between one - quarter to one - third of its contribution.
Another $ 1.5 billion will be borrowed during the same period by «amortizing» a portion of the state's projected contributions to the state pension fund — a gimmick that theoretically could continue in perpetuity, if necessary.
Nevada, like most states, reports the portion of total pension contributions that is normal cost and the proportion that is amortization cost.
Maryland, like most states, reports the portion of total pension contributions that is normal cost and the proportion that is amortization cost.
However, in cases where after - tax contributions were made to an annuity or pension, only a portion of the distribution will usually be taxed.
Some employers may match a portion of the employee's contributions so the pension account grows even faster.
Similar to the recent rollout of the workplace pension opt - out, could a government - backed auto - enrolment scheme for wellbeing programmes — funded by employers and by a portion of employees» National Insurance contributions — be one of the solutions to address the NHS's long - term financial needs?