Sentences with phrase «sector pension guarantees»

Not exact matches

It achieved these goals by guaranteeing a better pension to the many workers outside the formal labor market, while at the same time giving these workers incentives to get and keep formal sector jobs.

Some folks have no pensions; some have a defined contribution plan, which depends on the market; others, including most public employees and more than half of the private - sector ones have a defined benefits plan — you get a guaranteed pension based upon years of service.

Today very few private sector employers still offer guaranteed pension levels,» he added.

«Public sector pensions will remain among the very best, providing a guaranteed pension level for all employees.

Government employees can earn pension benefits that are exceptionally generous by private - sector standards — and guaranteed by the state Constitution.

The measure, which a spokesman said would be applied only to corrupt elected officials and policymakers, would set in motion the process to amend the state constitution, which now guarantees public pensions to all public - sector workers.

«Public sector workers are being asked to work a bit longer and pay a bit more, but they will continue to get a guaranteed pension which is index - linked and inflation - proofed,» Mr Maude added.

Virtually all professional economists agree that calculating the value of guaranteed pension benefits using the assumed return on a portfolio of risky assets «understate [s] their pension liabilities and the costs of providing pensions to public - sector workers.»

In addition, if you work in Ontario, its Pension Benefits Guarantee Fund guarantees private sector pensions up to $ 1,000 a month under certain circumstances.

While 70 per cent of public - sector workers enjoy the classic DB pensions that guarantee a set payout for life, only 10 per cent in the private sector do, Bezaire confirmed, «and it's trending even lower for private - sector pensions.»

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.

TTG Pension Trustees v Board of the Pension Protection Fund [2014] EWHC 174 (Ch): this case concerned the determination of the pension fund's assets, in respect of a guarantee provided by the principle employer of this private - sector Pension Trustees v Board of the Pension Protection Fund [2014] EWHC 174 (Ch): this case concerned the determination of the pension fund's assets, in respect of a guarantee provided by the principle employer of this private - sector Pension Protection Fund [2014] EWHC 174 (Ch): this case concerned the determination of the pension fund's assets, in respect of a guarantee provided by the principle employer of this private - sector pension fund's assets, in respect of a guarantee provided by the principle employer of this private - sector scheme.

The name, monthly income plan, is more of a mutual fund industry parlance, and these types of plans are mostly referred to as monthly guaranteed income plans, assured monthly income plans or monthly pension plans in the life insurance sector.