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Pension in sentence

830 examples of Pension in a sentence

And Greece, for example, has relied on money from international creditors to keep its head (barely) above water, rather than genuinely reforming its pension system or improving its business environment.
Chile’s Pension CrunchSANTIAGO – Defined-benefit pension plans are under pressure.
This affects all funded pension systems, regardless of whether they are defined-benefit or defined-contribution schemes.
In the case of a worker who at retirement uses his fund to buy an annuity, a drop in the long interest rate from 4% to 2% cuts his pension by nearly 20%.
And it is precisely the disparity between scrawny pension checks and managers’ fat profits that fuels protest.
So, more challenging than any technical problem with Chile’s pension system is its legitimacy deficit.
To address that problem, it helps to think of any pension system as a way of managing risks – of unemployment, illness, volatile interest rates, sudden death, or a very long life span.
Different principles for organizing a pension system – defined-benefit versus defined-contribution, fully funded versus PAYG, plus all the points in between – allocate those risks differently across workers, taxpayers, retirees, and the government.
Chile’s system already shares risks between low-income workers and taxpayers, via a minimum non-contributory pension and a set of pension top-ups introduced in 2008 (as Minister of Finance, I helped design that reform).
The countries that adopted the euro had poor labor-market institutions, bloated pension systems, high taxes on labor income, and inefficient service sectors in the late 1990’s, and they still do now.
So there is actually no Fox pension.
The only media pension I have is through AFTRA.”
It also has people who do set up 401(k) accounts and then invest them badly – for example, Enron workers whose 401(k) money was overwhelmingly invested in company stock lost not only their jobs when the company went bankrupt, but also their pension assets.
There are also well-known examples of highly corrupt union pension funds, such as the one bilked for years by the leadership of the Teamsters.
America must also deal with the potential for corruption, both illegal in the case of the diversion of Teamsters’ pension resources and legal in the campaign contributions provided by the pharmaceutical lobby to complaisant members of Congress.
This diminished my ministry’s capacity to repay the International Monetary Fund, which was insisting on drastic pension cuts and on the removal of the last protections for Greek workers.
The world’s 300 largest pension funds control almost $15 trillion, and sovereign wealth funds have amassed about $6.5 trillion in assets.
In Africa, pension funds own assets amounting to nearly $400 billion.
Severe pension cuts are preventing the elderly from living out their lives with dignity.
Nonetheless, official statements suggest that the troika would not be inclined to accept Syriza’s negotiating framework, intending instead to complete the talks that it had launched with the outgoing center-right government, the goal being to securing further budget cuts and initiate new labor-market and pension reforms.
Outgoing Prime Minister Mario Monti’s government accomplished a major pension reform, cut public spending, and raised taxes.
That’s not exciting territory for venture capitalists and private-equity investors, but it is in keeping with the expectations of institutional investors, such as pension funds, endowments, and sovereign wealth funds.
Most of the investment projects that the emerging world needs are long term, as are much of the available savings – the trillions in retirement accounts, pension funds, and sovereign wealth funds.
For example, an endowment or pension fund might consider basing its payout decisions more on long-run, potential shock-adjusted average returns than on a simple weighted average of past returns or end-period asset values (the normal practice now).
Rather than cage the golden goose of technological progress, policymakers should focus on measures that help those who are displaced, such as education and training programs, and income support and social safety nets, including wage insurance, lifetime retraining loans, and portable health and pension benefits.
For example, Lula's Workers' Party, which rejected pension reforms submitted by the previous Cardoso administration, expects Lula to preserve far more of the scheme than former President Cardoso believed possible.
Even absent the crisis, countries would have had to make politically painful adjustments to pension and health-care programs.
As societies around the world prepare for swelling numbers of retirees, the policy challenge will be to ensure the financial sustainability of pension systems while guaranteeing adequate incomes for those no longer working.
Previously, we analyzed the sustainability of the pension systems of 50 countries.
In 2010, the European Union’s expenditure on public pension systems amounted to 11.3% of GDP.
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