Sentences with phrase «salaries and pensions for»

Chiefs for seven of 11 town and village police agencies in Onondaga County take both a salary and a pension for at least part of the year.

Not exact matches

(For example, he's calculated that a couple in the public sector earning $ 50,000 each per year will have pension savings totalling between $ 600,000 and $ 1.3 million each upon retirement, whereas a couple in the private sector earning the same salary will be left with $ 122,000 to $ 245,000 each.)

Pierlot wrote a paper for the CD Howe Institute in 2011 showing that a person with a salary of $ 75,000 at the end of a 35 - year career would accumulate more than $ 1.4 million in savings through a defined - benefit plan (wherein the pensioner is paid a set income based on past earnings and years of service, mostly confined to the public sector these days) compared to $ 674,711 for someone with no pension but a maxed - out Registered Retirement Savings Plan.

We've made some choices about salaries and benefits — offering a full pension plan and medical benefits, for instance — that are in everyone's interests.

Although Sanders and his wife's joint tax return showed income of only a little more than $ 200,000 for 2014 — including his $ 174,000 salary, his mayoral pension, and their Social Security payments — the senator's expected retirement benefits make his situation much more comparable to those in the millionaire class he faults.

State and local employees» contributions to the two largest pension systems increased by 10 %, from 5 % to 5.5 % of their annual salaries and increased the retirement benefit age for new public employees, from 55 to 60 years.

For those in Corporate America, when that spending is devoted to mergers and acquisitions, it can result in a much larger domain and all that comes with it, usually stock options, restricted stock, higher salary, bonuses, pension benefits, and, perhaps, even a golden parachute.

Just for fun, try calculating the all - in labour cost for someone you know. I tried it on my spouse, who is a university professor. I added her healthy salary to her current service pension cost and other benefits and payroll taxes. I threw in an extra amount to reflect the pension deficit that her university is now grappling with (thanks to the market meltdown).

But Greek authorities failed to investigate the data for potential tax evasion, sparking outrage at a time of severe salary and pension cuts, and spiraling unemployment.

By our calculations, Osun state pensioners alone got at least, N1, 539,227,442.75 out of the N14.2 billion paid to active and passive workers in the last two weeks as arrears of 4 months salaries and pensions excluding what the local government pensioners were paid for the same period.»

«Taxpayers are ultimately responsible for backing public pension benefits and paying public worker salaries.

The report recommends police forces move away from a final salary to a career - average system, the raising of standard retirement age to 60 and, in the longer term, the design of a whole new scheme for dealing with police pensions.

«Bill Larkin and John Bonacic should be ashamed of themselves for bilking taxpayers out of hundreds of thousands of dollars by claiming both a regular salary and pension at the same time,» Orange County Democratic Chairman Brett Broge said.

The party's new policy expresses great concern that the current methods used to evaluate defined benefit (ie final salary and career average) pensions have been unable to cope with these unprecedented market conditions, and this, coupled with over-regulation on the part of the Pensions Regulator, had produced wildly volatile deficits which no - one could predict — wholly unsatisfactory for schemes that have to plan over half a pensions have been unable to cope with these unprecedented market conditions, and this, coupled with over-regulation on the part of the Pensions Regulator, had produced wildly volatile deficits which no - one could predict — wholly unsatisfactory for schemes that have to plan over half a Pensions Regulator, had produced wildly volatile deficits which no - one could predict — wholly unsatisfactory for schemes that have to plan over half a century.

«While Long Islanders work hard to support their families, Kemp Hannon is sitting back and collecting a pension and salary for the same work at our expense.

It slams the veteran Long Island Democratic lawmaker for «retiring» in December 2008 so he could collect his $ 72,114 pension and then «returning» to the public payroll in January 2009 to collect his $ 101,500 legislative salary.

The salary - linked pensions are very generous compared with much of the private sector, for example, but not only would such a change be likely to outrage several million well - unionised workers all at once (and MPs) but it would have little short - term impact on finances as the pre-existing commitments would be unaffected.

Staten Island Borough President Jim Molinaro applied for his city pension this year — on top of his $ 160,000 city salary — but then had second thoughts about how his constituents in the city's most conservative borough would view the double - dip and pulled back the application.

Tax returns for state Comptroller Thomas DiNapoli show the sole trustee for the $ 152 billion pension fund received almost $ 9,000 from investments and interest on top of his $ 146,838 public salary in 2012.

In a forthright leader, it called for frontbench sackings and the retirement of backbench MPs dubbed «bed - blockers» - more concerned to draw comfy salaries and accrue pensions.

The bill states: «It is unfair to the general public and ethically inappropriate that an elected official who is eligible to receive a pension can retire, collect a government pension and still be re-elected to another position and collect an additional salary for the newly elected position.»

Murray said that DeFrancisco, 71, is a flawed candidate who will be criticized for collecting both his pension and a salary from the state Senate.

Comptroller officials said the salary bumps were based solely on the median pay for similarly sized public pension boards and that the raises would be paid out of pension - board investment returns.

As more is revealed about what really went on then that is still existing, and how the AG covered it up by refusing to indict the corruption now running the State Agencies and Authorities in Albany for massive Civil Service Law abuse and the granting of Pension System Final Average Salaries (FAS) way above the their permanent competitive status, you'll hear more excuses than a corrupt regime gives when it is about to collapse and they're in total fear.

«Similarly, the Kano State Pension Rights of Governor and Deputy Governor Law 2007 provides for 100 percent of annual basic salaries for former governor and deputy; furnished and equipped office; a 6 - bedroom house; well - furnished 4 - bedroom for deputy, plus an office; free medical treatment along with immediate families within and outside Nigeria where necessary; two drivers; and a provision for a 30 - day vacation within and outside Nigeria.»

If we continue down the Cuomo path for the next 6 years there will be no taxpayers left in the state to pay the state government workers salaries and pensions.

This should include the Government both allowing those on the lowest pay to salary sacrifice and also finding a way to overcome the lack of tax relief for those in certain pension arrangements, says LITRG.

President Buhari also commended Governor Simon Lalong for his achievements in the development of the state, ensuring regular payment of salaries and pensions, strides in the Agricultural sector and assured that the Federal Government will continue to work with Plateau State government.

The move was also blamed for the collapse of some final salary pension schemes, although ministers say the stock market crash, end of the dotcom boom and poor pension saving are to blame.

First, making the process for removal of the A-G from office difficult; second, insulating the determination of his salary, allowances and pension from political interference; and the third but not least, avoiding a change in the regime of salary and allowances while in office.

Wabba who stated that with the second tranche of the money about to be released, the government at the centre should muster the will to audit states to ensure that the first release was judiciously spent for the settlement of outstanding salaries, pension and gratuity.

Lawmakers are allowed to serve, and under current rules can double dip for salaries and pension credits.

The real pension benefit for NHS employees and teachers is 28 % of salary, double the official 14 %, for Civil Servants it is 33 %, versus the official 19 %.

And all 1,271 state judges would be able to use their final year's salary for pension purposes, forcing the state to pay a retroactive $ 47 million.

Outsiders have suggested reforms, such as changing the number of votes one person can cast (currently, each voter casts three votes for three positions to be filled in their senate district) and prohibiting incumbent legislators from serving or, at the very least, banning them from increasing their pensions by doubling their salary for a year.

The governor said the agreement reached on Thursday amounts to a 17 percent increase in salary, offset by «healthcare savings for all employees, and wage, health and pension plan savings for new employees.»

Nor will they ever have an incentive to «retire» while still in office, double - dipping from salary and pension income, in order in to preserve benefits for their heirs or spouses.

He was, for the record, collecting more from his pension that he was in state salary, but I think the point here is that taking away his pension that dates back prior to his crime (recall that he was an assemblyman and also NYC comptroller prior to his election in 2002) strikes some people as unfair.

Pension costs can be controlled by limiting overtime and other salary inflating factors for the final three years of their employee's careers.

MPs» pensions are linked to their final salary and with a number of MPs planning to retire at the end of this parliament it has been speculated they are motivated to push for higher pay.

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.

Fact: The state paid ~ $ 850 million last year for pensions — .62 % of the overall budget — and that's in a year where the costs have skyrocketed from their usual average of around 3 % -4 % of salaries to 11.9 % of salaries.

If he retired on that salary and the 22 years of credit for serving in the legislature, he would have made an annual pension of about $ 11,260.

The timing is absolutely right now for the unveiling of an election pledge to legislate to scrap any further MP and Ministerial final salary pension accrual from the date of the next election and to replace it with money purchase pensions with a decent employer contribution for all future service.

The labour leader also assured the workers that NLC would everything possible to fight for the 36,000 workers sacked by the Kaduna state government and its other counterparts like kogi and Imo government on non-payment of salaries and pensions.

«The EFCC and ICPC should intensify processes to investigate and effectively prosecute state officials involved in diverting bailout funds meant for payment of salaries and pensions but which the ICPC has disclosed have been diverted.»

PoliticsHome has the full text of Harriet Harman's statement on the issue, which also includes the proposal to «increase the contribution required from MPs by around # 60 per month for the current year and to extend the scheme's pension limit of two thirds of final salary to all scheme members for future service».

The three banks involved told the Osun legislators in session that the bailout was disbursed according to the CBN guidelines and it was duly and diligently disbursed for the purpose it was meant for, which includes payment of arrears of salaries, allowances and the pensions of workers of the state.

«The loan was used for the purpose it was meant, that is payment of salary arrears, allowances and pensions.

For example, most county employees are in Tier 4 of the state pension system, and the county makes a contribution equal to about 20 percent of their salaries to the state retirement system.