Sentences with phrase «receive life pensions»

«Our objectives remain to promote the abolition of those obnoxious states» laws, which seek to allow former governors to receive life pensions either now or in the future when friendly governments are in place in their states, and to secure full recovery of public funds.

Not exact matches

Despite the cliché that Italians are living la dolce vita, Italy has been hit hard but the 2008 economic recession and has had to restructure its debt and pension obligations to government workers in order to receive bailouts from the EU.

Until this year, all military members could potentially receive a guaranteed pension of at least 50 percent of their base pay for life.

Your goal should be to accumulate four years of living expenses, net of any pension and Social Security income you will receive, by your retirement date.

Pension For Life means that a 25 - year - old retired Corporal who is 100 % disabled would receive more than $ 5,800 in monthly support, a 50 - year - old retired major who is 100 % disabled, monthly support would be almost $ 9,000.

Workers must choose between two alternatives: either freezing the salaries that count toward their pensions or receiving a smaller cost - of - living adjustment in retirement.

:: Urgently pay Edo State pensioners over 42 months outstanding pension benefits and entitlements from the over N29bn Paris Club refunds received by your government and meant for the payment of pension arrears and gratuities;:: Adopt a human rights policy of guaranteeing regular payment of pension benefits and entitlements so that pensioners and their families can live decently;:: Recognize the human rights of Edo State pensioners and ensure their full and effective enjoyment of those rights, as well as provide them with information to enable them to claim their rights;:: Treat all pensioners in Edo State as individuals with humanity and dignity and respect and promote their higher standard of living and improve economic and social conditions for all pensioners;:: Provide Edo State pensioners with proper support and assistance to alleviate their plight, including by ensuring informal, community - based and recreation - oriented programs for pensioners to help develop their sense of self - reliance and independence;:: Reduce opportunities for corruption in the spending of the Paris Club refunds

«In Zamfara State, former governors receive pension for life; two personal staff; two vehicles replaceable every four years; two drivers, free medical for the former governors and deputies and their immediate families in Nigeria or abroad; a 4 - bedroom house in Zamfara and an office; free telephone and 30 days paid vacation outside Nigeria.

And pensions, when finally received, have to be cut back — by changing the accrual rate from final salary to average over working life.

I worked for the Judicial branch of government I presently live on a pension I receive from the state.

Once retired, Missouri educators receive annual cost - of - living adjustments to their pensions up to a lifetime cap of 80 percent of final average salary.

Contribution to annuity plan of LIC (Life Insurance Corporation of India) or any other Life Insurance Company for receiving pension from the fund is considered for tax benefit.

Assuming that you are a couple who have contributed to the Canada Pension Plan for your entire working lives, you will receive about $ 30,000 a year from CPP and OAS combined starting at age 65.

The individual or family must also: - hold a current Centrelink Healthcare Card or Pension Card or are eligible to receive Family Tax Benefit - have lived at their current address for more than six months.

If the amount of guaranteed income you'll receive from Social Security and any pensions is enough to cover all or most of your basic living expenses in retirement, then you may not need an immediate annuity.

You know exactly how much pension income you'll receive each month, and you know you can count on that money to keep flowing in even if you live a long, long time and even if the financial markets go into a prolonged and deep slump.

If you've worked in Canada all your life, you and your partner are each eligible to receive more than $ 18,000 a year from those two sources, depending on what you earned during your working years, and how early you start collecting your pension cheques.

There are two primary ways that a retiree can receive pension benefits, including accepting ongoing payments through an annuity - style distribution for life, or receiving the cash in one lump sum payment.

Such pensions receive decades of payments from an individual who then winds up having to live on less in their supposed golden years.

Continuing to contribute may provide a good «return on investment» in particular for conservative investors, those who expect a long life expectancy or married Canadians whose spouse is younger or who won't receive the full CPP retirement pension themselves.

• Annuity income streams disappearing: Future retirees may not have a steady income stream in retirement, as defined benefit pensions decline, which means they will likely be more reliant on assets they must manage themselves instead of receiving a stream of income for life (i.e., an annuity).

Once you have a figure you're reasonably confident about, you can plug that number, as well as such information as your age, your retirement account balances, the amount you'll receive from Social Security, pension income, if any, and how long you expect to live in retirement (I'd say into your mid-90s is a decent estimate given today's longer lifespans) into a tool like T. Rowe Price's Retirement Income Calculator.

Chances are you can live comfortably enough by simply supplementing the guaranteed income you'll already be receiving from Social Security and pensions with periodic withdrawals from your retirement savings.

But if she can already live comfortably on the income she receives from insurance benefits, a private pension, and social security, then maybe she should invest more of her personal savings into alternative options.

People are living longer, and fewer of them are receiving traditional defined benefit pension plans from their employers.»

It says that is because they will receive enough from the Canada Pension Plan and other government programs to maintain their standard of living.

In the good old days, someone who worked a lifetime in a single job offering a defined benefit pension may have «retired» full stop at or around age 65, and received one giant monthly stream of income from their former employer for life, plus the usual government benefits.

Income received by foster parents is exempt, as is strike pay, income exempt by statute, certain war veterans» allowances and pensions, life insurance benefits, inheritances, lottery winnings and gains calculated as exempt on the sale of a principal residence.

Pension sharing allows you to receive a share of both of your CPP retirement pensions based on the numbers of months you lived together during your contributory period between the ages of 18 and 65.

Receives 80 % of her life - expectancy pension for 2017 — 18 ($ 104,000) after starting to receive the reversionary pension

Ann's life expectancy pension does not receive concessional tax treatment, as she is under 60 years old.

Ann's defined benefit income cap is further reduced by the income she received from her life - expectancy pension while she was also receiving the reversionary pension ($ 104,000).

But if you find that your day - to - day living expenses exceed what you receive from Social Security and any pensions, you may want to consider filling the gap with additional guaranteed income.

If the amount that you'll receive from Social Security and any pensions covers all or most of your essential living expenses in retirement, then you probably don't need any more guaranteed income.

Once you've decided how much of your pre-retirement income you'd be comfortable living on, subtract any pension or Social Security income you anticipate receiving to find the amount of money you'll need your investments to contribute.

Pension For Life means that a 25 - year - old retired Corporal who is 100 % disabled would receive more than $ 5,800 in monthly support, a 50 - year - old retired major who is 100 % disabled, monthly support would be almost $ 9,000.

For those under 65, eligible pension income includes lifetime annuity payments from an RPP (i.e. payments from your DB plan or DC plan if you purchased a life annuity) and some payments received when a partner dies.

But here's a conundrum: people love to receive a set benefit for life in the form of a government or employer defined benefit pension, but they seldom want to part with their own cold, hard cash to buy an annuity on their own.

If you live in the DN1 — DN14 & DN21 - DN22 postcodes and receive a means tested benefit, state pension, tax credits, are on a low income or are a full time student, you can get your pet cat neutered for just # 5 and microchipped for an additional # 5.

Furthermore, if you receive a UK State Pension or exportable UK benefit, you will be entitled to a UK EHIC renewal despite living in another EEA country or Switzerland.

She lived with him in Palermo until his death in 1579 and received a royal pension that enabled her to continue working and tutoring would - be painters.

The arrangement, made by the trustee of the pension fund, means that around 40,000 members of the Fund's Old Section will now receive their full pension entitlement through policies with Rothesay Life and Legal & General, which has taken on the liabilities.

Accordingly, the retirees had a contractual and enforceable right to receive, as part of their pension benefits, 100 % of their Medical Services Plan payments for the rest of their lives.

The federal judicial pension is extremely generous — a judge can retire at age 65 with only 15 years of judicial service (or at 70 with 10 years), and receive his full salary for life; nor does he make any contribution to funding the pension.

The social contract used to be that judges were appointed for life until mandatory retirement at age 75, received a generous pension upon retirement at or before 75 and enjoyed a quiet retirement.

The litigation involves claims by pension funds or by life companies in respect of their pensions business for compensation where those claimants have received foreign income dividends which carried no right to a tax credit.

Under such an agreement, a Canadian with $ 50,000 in constant earnings throughout his or her working life would receive a yearly pension benefit of around $ 16,000 (instead of the $ 12,000 they would currently receive) after the phase - in period that begins in 2019 and ends in 2025.

You can still apply for a Marriage Allowance if one partner is currently receiving a pension, or you live abroad (provided you are entitled to a Personal Tax Allowance in the UK).

The scheme provided that if a member dies on or after 1 December 1999 leaving a surviving spouse, then that spouse would be entitled to receive an annual pension of two - thirds of the member's pension for life.

(c) if the pension plan so permits, for the purchase for the former member of a life annuity that will not commence before the earliest date on which the former member would have been entitled to receive payment of pension benefits under the pension plan.