Sentences with phrase «sector pension»

The Divisional Court has overturned a decision of the Information and Privacy Commissioner requiring the trustees of a construction sector pension plan to provide a rival trade union with confidential financial documents.

Agco Ltd v Kellaway [2007] EWHC 33543 (Ch): this case concerned a private sector pension scheme that provided preferential terms to individuals who retired from service at the request of the employer, the issue being whether an employee who was made compulsorily redundant was entitled to such terms.

Public sector pension schemes, including the Local Government Pension Scheme, the various Firefighters» Pension Schemes and the Police Pensions Scheme.

L.R. 303: whether a guarantee provided by public authority to a public sector pension scheme had the effect that the scheme was ineligible for support from the PPF.

We advise public sector employers, service providers and Third Sector employers on public sector pension issues, with particular experience advising on the transfer of staff from the public sector, the Fair Deal on Staff Transfers policy and the associated allocation of risk.

As part of ongoing public sector pension scheme reforms, members of both the firefighters» and judicial pension schemes were compulsorily transferred into new arrangements with less favourable retirement benefits, including a lower rate of accrual and a higher normal pension age.

However, the new judicial pension scheme would be «in line with» reforms to the public - sector pension scheme and would reflect Lord Hutton's independent report into public - service pensions in 2011.

As part of government changes to all public sector pension schemes, the new 2015 Firefighters» Pension Scheme was introduced, replacing the final salary arrangement with a career average revalued earnings scheme.

Comron handles Pensions matters across the full range of private and public sector pension schemes.

Increased global life expectancies and the growth in unfunded public sector pension liabilities are reinforcing the need for retirement income and greater personal savings.

If you want to get a good understanding of the true value of public - sector pension plans, there are two sources I'd consult.

«How are they going to deal with private - sector pension issues fairly when they have the most lucrative pensions of all?»

Federal Finance Minister Jim Flaherty looks to have shelved his plans for an expanded Canada Pension Plan (CPP) and is now looking to the provinces to help him establish a new private sector pension plan.

But while the risk of public sector pension collapse in Canada is very low, these plans face the same cost pressures as those in the private sector.

The Canada Pension Plan (CPP) is more costly than five public sector pension plans, according to a new report by the Fraser Institute.

The three largest public sector pension plans have already increased their equity allocation by more than 5 percent since last spring.

More generally, we demonstrate the utility of using structural retirement models to analyze fiscal and workforce effects of changes to public sector pension plans, since the effects of pension reforms cumulate over many years.

Texans are all too familiar with public sector pension problems (along with taxpayers in Illinois, Michigan, and a slew of other states).

The teachers unions oppose reforms like Vergara, they oppose free speech lawsuits like Friedrichs vs. the CTA, they oppose charter schools, they fight any attempts to invoke the Parent Trigger Law, and they are continually agitating for more taxes «for the children,» when in reality virtually all new tax revenue for education is poured into the insatiable maw of Wall Street to shore up public sector pension funds.

«No Money in the Bank» does more than layout the many dimensions of the public sector pension crisis in crisp, highly readable prose, though it does that very well indeed.

One of your colleagues Marty Lueken, who is an expert on the public sector pension crisis made a comment.

Many states protect public sector pension benefits with strong, near ironclad legal rules that make it tough - to - impossible to reduce benefits for existing workers.

PUBLIC SECTOR PENSION REFORMS Traditionally, public sector pensions have been final salary Defined Benefit (DB) schemes that pay a proportion of the salary you were on before you retired.

What state is their public sector pension in?

Andrew Biggs has an interesting new report for the American Enterprise Institute investigating the generosity of public - sector pension plans.

The Teachers» Pension Scheme The Teachers» Pension Scheme (TPS), like other public sector pension schemes, is a Defined Benefit (DB) pension scheme.

The government have also put in place a ban on members of public sector pension schemes from taking a transfer from their pension scheme.

The reforms therefore do not affect the pension built up in the TPS, however, any other pension savings they have that are not in public sector pension schemes may be eligible to be used under the new pension freedoms.

Private - sector pension benefits also enjoy substantial protections, but to a lesser degree than public - sector benefits.

On a side note, the proposals would also apply to lawmakers because they are in the state public sector pension system.

You resume collection of your public sector pension once you finish your tenure.

You are supposed to suspend the collection of public sector pension once you take another public office.

Passengers are being warned to avoid flying tomorrow as airports are dragged into the strike disruption over public sector pension reforms.

And unlike a public sector pension plan, which is protected by the state constitution and whose benefits can't be diminished even in an economic crisis, the retirement savings plan the city is proposing would be very much subject to the vagaries of the market.

But instead of trying to resolve the dispute, Mr Cameron outraged unions with an inflammatory speech yesterday, attacking strikers and insisting his public sector pension raid would go ahead as planned.

However in July 2010, as the Coalition Minister for Works and Pensions, Webb announced plans to link private sector pension payments to the Consumer Prices Index (CPI) instead of the Retail Prices Index (RPI), which would reduce the value of fully accrued index - linked pensions.

It's ironic that the private sector pension funds are meant to «relieve» the State of its supposed pensions burden when in reality private pensions are usually so meagre that the State has to prop them up with Income Support as a last resort to get them up to the poverty line.

McCluskey said industrial action and protests were a valid response to the government's public sector pension reforms and pay freezes.

The truth is that the average public sector pension for women working in local government (and most such workers are women) is just # 54 a week.

Some public sector pension deals are scandalous.

Thousands of union members will take part in a series of protests today against controversial plans to reform public sector pension reforms.

Again, he cites public sector pension reform.

I sat down with Astorino of Westchester and Vanderhoef of Rockland to discuss the financing proposals for the bridge (including using private - sector pension funds for the project) as well as their frequent calls for mass - transit to be included in the design.

Government reforms have reduced the average value of public sector pension schemes by around three per cent, from 24 per cent to 21 per cent of salary, the Pensions Policy Institute (PP) has said.

«They've already raided the pensions of Sellafield workers once, and now they're coming back for a second bite of the cherry, on the entirely spurious grounds that they fall under the government's public sector pension reform.

This would reduce the growth of public sector pension liabilities by hundreds of millions of pounds over the next decade.

We believe that this publicity generally gives an entirely wrong impression of both the value and costs of public sector pension provision.

For amidst all this private pension gloom, the taxpayers» bill for public sector pension provision seems to grow exponentially.

The ABI wants to work with wider industry including trust based and public sector pension schemes, to ensure that as many people as possible can benefit from the dashboard, with support from the whole market.

Increase employee contributions to all unfunded public sector pension schemes by a third.