Pension
in sentence
830 examples of Pension in a sentence
The average
pension
fund has an annual turnover of 70%, which means that the probability that a stake is retained continuously for three years is less than 3%.
The Social Democrats returned to power in 1994, but they accepted Bildt’s new fiscal policies, and even carried out a revolutionary
pension
reform in 1998 that properly tied benefits to payments.
And, while structural reforms are necessary, some measures – for example, labor-market liberalization and
pension
overhauls – may boost the eurozone’s savings rate and thus weaken aggregate demand further (as occurred in Germany following its structural reforms a decade ago).
The index fund would be similar to the ones held by so many workers today in private
pension
plans.
Some of the other ideas that Hill has floated, such as relaxing the capital standards for long-term investments, run counter to the EU solvency standards for insurers and
pension
funds that will be implemented next year.
And, of course, the longer-term deficits, driven by baby-boomer retirements and rising health and
pension
costs per beneficiary, grow progressively worse thereafter (the commission will also recommend how to get the longer-term deficit under control).
Changes in
pension
policy are boosting public spending and contributing to rising levels of debt.
It needs to prepare for a projected decline in
pension
contributions and growth in health-care costs.
Pension
funds, insurance companies, and mutual funds in the US manage combined assets totaling roughly $30 trillion, and they have been struggling to find investments that match their long-term obligations.
Persistently low interest rates have been particularly challenging for
pension
funds, which face rising liabilities (calculated on a discounted basis).
A large-scale program to reboot America’s crumbling infrastructure would go a long way toward addressing this gap between assets and liabilities, providing
pension
funds with investments with long time horizons (and thus guaranteeing the incomes of tomorrow’s retirees) while leveraging private capital for the public good.
In fact, US
pension
funds are already investing in infrastructure, but they are doing so in Canada, Australia, the United Kingdom, and the Netherlands.
Even if post-financial crisis regulations are tying banks’ hands,
pension
funds and insurance companies still need precisely the kinds of long-term, steady-return investments that infrastructure projects offer.
The measures that he has introduced since coming to power – from
pension
reform to combating tax evasion – have displayed the rigor and transparency that one associates with northern European countries.
The general shift from defined-benefit
pension
plans to defined-contribution plans meant that employees felt the effect of rising share prices directly in their own personal accounts.
Insurance companies and
pension
funds, on the other hand, have limited capacity for credit risk, but more for market and liquidity risks.
By reinforcing already-strict labor-market regulation, pursuing a misguided energy policy, and reversing
pension
reform, Germany is undermining its current economic position and will move in the direction of problem countries.
Those in favor of a policy tightening would also note that low rates are problematic for savers, insurance companies, and
pension
funds, whose portfolios often include few equities.
This could take the air out of incipient assets bubbles that might be forming and ease pressures on institutional investors who are struggling to find the yield they need to meet their insurance and
pension
commitments.
One idea, in particular, has attracted a lot of attention in the press, mostly because it comes from Lou Jiwei, a former minister of finance who now heads the National Council for Social Security Fund, China’s national
pension
fund.
The EU’s next five decades, on the other hand, will see the baby boomers moving into retirement, leaving a shrunken labor force with the heavy burden of supporting their elders’ health care and
pension
needs.
Existing
pension
systems often penalize people who wish to work beyond the official retirement age, and age discrimination impedes many who are capable of working into their sixties and seventies.
More flexible
pension
arrangements, legal reforms, and media and education campaigns aimed at shifting employers’ perceptions of older workers will allow individuals to keep working for longer.
In practice, however, the budget targets will surely be allowed to slip, provided the government carries out its promises on privatization, labor markets, and
pension
reform.
Many countries continue to limit foreign investment and ownership in specific sectors, restrict their
pension
funds’ foreign-investment positions, and limit foreign investors’ access to local stock markets.
The aging population is straining the public
pension
and healthcare systems beyond sustainability.
In October, the Department of Labor followed up with a “clarification’’ that eased worries at
pension
funds about investing in ventures that produce social as well as economic returns.
Of course, though these changes open the way for philanthropic foundations and
pension
funds to become major investors in pay-for-success projects, success is not guaranteed.
This division of labor between the System-I and System-II mechanisms would work well were it not for the fact that our lazy and cheap decision-making mode tends to take over in situations that should command our fullest attention: choosing a
pension
plan or a health care scheme, for example.
In these situations, liberal paternalists feel no qualms about taking control and forcing choices upon us (“Wear seat belts and enroll in the
pension
plan, and in the end you’ll thank me”).
Back
Next
Related words
Funds
System
Government
Their
Reform
Public
Which
Insurance
Would
Systems
Companies
Benefits
Investors
Retirement
Reforms
Countries
Private
Assets
Health
Years