Sentences with phrase «public sector employer contributions»

To ensure those pensions remain sustainable, we have carried out the regular revaluation of the discount rate and public sector employer contributions will rise as a result.

Not exact matches

Police officers contributions to their pension is amongst the highest in the sector but employer contributions to the scheme compares more than favourably when considering other public sector schemes.

Unionization is associated with higher total premiums, higher employer costs, and lower employee contributions in both the public and private sectors.

We find that total employer contributions for both groups of public school teachers are higher than for private - sector professionals.

While the overall employer contribution rate for public school teachers is higher than for private - sector professionals, the group average may mask differences between teachers who are and are not covered by Social Security.

Our analysis of evidence from the BLS National Compensation Survey and the NASRA Public Fund Survey shows that the employer contribution rates for public school teachers are a larger percentage of earnings than for private - sector professionals and managers, whether or not we take account of teacher coverage under Social SecPublic Fund Survey shows that the employer contribution rates for public school teachers are a larger percentage of earnings than for private - sector professionals and managers, whether or not we take account of teacher coverage under Social Secpublic school teachers are a larger percentage of earnings than for private - sector professionals and managers, whether or not we take account of teacher coverage under Social Security.

In the most recent quarter for which data are reported, ending September 2008, the employer contribution rate for public K — 12 teachers (14.6 percent) was 4.2 points higher than that for private - sector professionals (10.4 percent).

The DB plans funded by state and local governments, unlike private sector DB plans or DB plans for public employees in other countries, base employer contributions on how much a government assumes its plan's investments will earn over time.

Via legislation or initiative — whatever it takes — public sector employers must be made to set up 401 (k) or «defined contribution» retirement plans as exist in the private sector.

Some employers in both the public and private sectors are considering the replacement of defined benefit plans with defined contribution plans.

While DB plans are still widespread for workers in the public sector (including the above pensions), they are much rarer in the private sector and becoming rarer as time goes on as major employers attempt to replace DB plans with defined - contribution plans.