Sentences with phrase «sector defined benefit pension systems»
These teachers lose out because current public - sector defined benefit pension systems are heavily biased toward teachers with longevity and stability.
https://www.teacherpensions.org/ Not exact matches
Maintaining a defined benefit system delays a reckoning with public sector pensions, it does not make them financially sustainable.
The state's new retirement plan consists of a less - generous defined - benefit component than the one found in the old pension system, as well as a defined - contribution component similar to the 401 (k) plans found in the private sector.