Sentences with phrase «size of our pension payments»
The size of our pension payments was so large that if we tried to address our budget problems without looking at pensions, we would be signing ourselves up for deep and never - ending impacts on the rest of state government.
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In principle, this pension wealth represents the market value of the associated annuity: it is the size of the 401 (k) that would be required to generate the same stream of payments.
The size and structure of the payment in either a pension or a life insurance policy is determined by the type of contract held by the annuitant at the time of death.