Pension
in sentence
830 examples of Pension in a sentence
The Responsible Investor’s Guide to Climate ChangeNEW YORK – Around the world, institutional investors – including
pension
funds, insurance companies, philanthropic endowments, and universities – are grappling with the question of whether to divest from oil, gas, and coal companies.
On the demand side, e-SDR-denominated long-term bank debts could be used by
pension
funds, insurance companies, and sovereign-wealth funds.
With many Americans anxiously monitoring the monthly performance of their private
pension
plans, the only economic statistic that matters is that the S&P 500 has returned to its pre-2008 level.
While the US Social Security System now faces a problem with under-funding, so do a large fraction of America's private
pension
programs.
And the public
pension
system has provided the elderly with a kind of security--both against inflation and the vagaries of the stock market--that the private market to date simply has not.
But today state debts are large and future debts -- say,
pension
liabilities -- even bigger.
Contributions to a public pay-as-you-go
pension
system are very similar to those made to a mandatory private insurance system.
For example, one reason why France spends a lot on public pensions is that there are virtually no private
pension
schemes in the country.
True, public
pension
schemes generally involve some degree of redistribution.
In any case, if desired, substitution of private for public
pension
schemes may help reduce government spending without major distributive effects.
To that end, in 2015, the World Bank and other MDBs launched a strategy to increase development financing “from billions to trillions,” by using public finance to “crowd in” private investment, especially from large institutional investors like
pension
and insurance funds.
Indeed, Bush’s popularity has taken a beating over
pension
reform.
An early leader, the Bay Area Equity Fund, raised $75 million from banks, insurance companies,
pension
funds, and individuals; created about 15,000 jobs, 2,218 of which were in low- and moderate-income neighborhoods; and generated a 24.4% annual return for its investors.
This could be achieved by unfunded
pension
obligations, which do not require that banks set aside the money in advance.
This includes radically upgrading capital markets and actively promoting private innovation and investment, while using state assets to strengthen the social safety net by, say, filling gaps in the
pension
and social-security systems.
Many
pension
funds are underwater, because the returns required to meet their longer-term liabilities seem unattainable.
At the Climate Summit that I convened last September at the UN in New York, financial institutions, commercial and national banks, insurance companies, and
pension
funds vowed to mobilize more than $200 billion by the end of this year for action to address climate change.
The challenge is to balance our obligations to all of our stakeholders, both customers and shareholders, including the
pension
funds that help millions of people around the world save for retirement.
In 1994, during his first government, he understood early on that Italy needed to overhaul its
pension
system, and introduced bold legislation.
There has been no tax cut of any significance, and
pension
reform is still waiting.
But he has promised to maintain
pension
benefits, and his preferred social model appears to be Nordic-style flexicurity – a combination of high levels of economic security with market-based incentives.
Rich economies are already challenged by this decline, and so are scrambling to meet the insatiable demands of public
pension
and health care systems, which causes their fiscal balances to deteriorate.
In 2005, his older son, Yuri, became the chief executive of Gazfond, Gazprom’s large
pension
fund.
Finally, the tax reform that Congress recently approved will guarantee sound public finances and promote growth by increasing public investment in infrastructure, education, research and development, and welfare services (including universal
pension
and unemployment insurance).
Meanwhile, economic policymakers face the great challenge of designing new financial institutions, such as
pension
systems and public entitlements based on the solid grounding of intergenerational risk-sharing.
Whereas M5S has pledged a form of “citizens’ income” for the poor and the League is committed to tax cuts, both want to repeal the 2011
pension
reform that, among other things, raised the retirement age.
Previous attempts at
pension
reform, for example, have been partial and indecisive, with exceptions and grace periods undermining their effectiveness.
The best way out of the dilemma is to undertake measures that improve long-term public finances without producing negative short-term effects, such as public
pension
reform.
The Prime Minister often speaks about
pension
reform, but has failed to offer any new proposals.
This would give the authorities room to address the country's daunting longer-term policy agenda--including a major reform of the costly
pension
system, an overhaul of the tax system, and strengthening the bankruptcy framework--that Brazil must face in order to boost competitiveness.
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