Sentences with phrase «receive pension for life»

«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.

Not exact matches

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

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.

:: 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

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

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.

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.

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).

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.

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

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.

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.

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.

By buying an annuity policy with the sum received, it generates a monthly pension for the rest of your life.

Replacement of Retirement Income for a Spouse or Partner — Often, if a couple is receiving retirement income from a pension when the primary income earner passes away, the survivor could be left with far less income for paying his or her ongoing living expenses.

So when it comes time for you to determine how you would like to receive your pension benefits, having a life insurance policy in place could significantly affect your ultimate decision of how you take your pension benefits.

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.

Depending upon the type of policy you have, you could receive pension payments for a defined period of time, or for the length of your natural life.

A pension plan is a plan in which you pay once and you start receiving pension at a pre-decided frequency (choice of yearly, half yearly, quarterly, monthly payout options) for life with a guarantee of return of full purchase price in case of death of policy holder.

Please note that in relation to State Pension (Non-Contributory) and Widow's, Widower's or Surviving Civil Partner's Non-Contributory Pension, no assessment is made of any money received in respect of rent from a person who lives with the pensioner where, but for that person, the pensioner would reside alone.