Sentences with phrase «special interest to retirees»

Not exact matches

Companies with «defined benefit plans» are obliged contractually to set aside earnings in a special fund that will generate enough interest, dividends or capital gains to be paid out to a growing number of retirees.

«So long as districts continue to ignore the crushing reality of the looming financial crisis at the hands of unfunded retiree liabilities, and so long as the Legislature fails to fundamentally overhaul the authorizing structure in California, we anticipate that powerful special interests will continue to use charter public schools as a red herring to avoid the hard decisions that lie ahead,» continued Marquez.