Pensions
in sentence
439 examples of Pensions in a sentence
This trend will have many consequences, most obviously for the welfare state, notably
pensions
and healthcare.
For people retiring at age 60, the difference between living to 80 and living to 90 is enormous: in the latter case, their
pensions
would have to pay benefits for 50% longer.
Employees of large, profitable firms tend to enjoy better health-care coverage, more generous pensions, and easier access to training.
In the last quarter-century, Chile managed to consolidate democracy, triple per capita income, and achieve the highest living standards in Latin America, with near-universal coverage in health care, education, and old-age
pensions.
Its officials had no compunction about meddling in a member state’s internal affairs – say, to demand the removal of elected politicians for refusing to implement cuts in the
pensions
of their poorest citizens or to sell off public assets at ridiculous prices (something I have personally experienced).
Rather than using the oil windfall to pay for long-overdue reforms in health care, education, and utilities – and thus helping to ensure the macroeconomic stability needed to sustain rapid long-term growth – President Vladimir Putin has chosen large spending increases for public wages and
pensions.
In the euro’s initial years, Germany had no option but to reduce worker protections, limit wage increases, and reduce
pensions
as it tried to increase employment.
Though economies are currently favoring path B, it is path A that would produce higher, more inclusive, and more sustainable growth, while also ameliorating the lingering debt overhangs associated with large sovereign debt and non-debt liabilities in areas like pensions, social security, and publicly funded health care.
By the time they qualify for
pensions
and the license to grumble, the century will be into its seventh or eighth decade.
Despite the avowedly “free-market” beliefs of many Christian fundamentalists, as voters they support government-financed pensions, health care, and other public services.
They have to cut wages, pensions, and other costs in order to achieve the same gain in competitiveness needed to substitute external demand for internal demand.
If not, the ECB will stop supporting the Greek banking system, and the government will run out of money to service foreign debts and, more dramatically, to pay Greek citizens their
pensions
and wages.
The government has raised
pensions
and increased social support.
The German Leadership QuestionFRANKFURT – Many in the eurozone’s crisis countries complain that the source of their suffering is a rigid economic-austerity regime – including reductions in wages and pensions, tax increases, and soaring unemployment – imposed on them by Germany.
Many countries, including Italy and Spain, must overcome structural barriers to competitiveness, growth, and job creation through multi-year reforms of labor markets, pensions, housing, and economic governance.
Unfortunately, the same cannot be said for the company’s employees, past and present, who reap no benefits in their paychecks or
pensions
(which are actually being eroded by the low yields on government bonds across Western countries).
European Union leaders have in recent summits come close to identifying a number of economic-policy areas where closer coordination would improve competitiveness, including sustainability of pensions, wage-to-productivity ratios, corporate taxation, investment in research and development, and the financing of major infrastructure projects.
Already, Michel Barnier, the EU’s lead Brexit negotiator, has presented the UK government with a €50 billion ($52 billion) bill to cover
pensions
and other obligations until 2030.
That goes a long way toward explaining (add a bit of ideology to the mix) why the current Greek government has gone to the brink of default before agreeing to restrain public-sector pensions, as its European Union partners demand.
Otherwise, as its population falls, it will struggle to pay
pensions
and health-care costs in the future (already in the decade to 2010, immigration accounted for 65% of the increase in the EU workforce).
But for this to be possible, interest payments must always be made on time, and the sanctity of debt contracts must always take precedence over electoral promises regarding pensions, wages, and public spending.
The government will find it impossible to fulfill basic obligations, such as paying salaries and pensions, and the country will formally default.
Indeed, the incipient German government is discussing cutting taxes for corporations and the rich, while raising spending on public consumption, especially public
pensions.
Yet demographic shifts mean that contingent liabilities for public
pensions
and health care in Germany will rise sharply over the next decades.
Indeed, quality housing and schooling,
pensions
and unemployment insurance, a modern health system and family social services must not be the fruits of an established democracy but a condition for democracy’s consolidation and survival.
China’s retirement system has only about $430 billion of assets under management (national and local government social security and private-sector pensions).
Advanced democracies have built – and retain (despite recent setbacks) – extensive social safety nets in the form of unemployment insurance, retirement pensions, and family benefits.
More focus on innovation and creativity will be accompanied by strong real wage growth, provision of greater rights for urban migrants, and expansion of health care and
pensions.
Europe’s Squandered MinorityBUDAPEST – Today, millions of Europeans are afraid and frustrated as they face unemployment, loss of savings and pensions, radically reduced social benefits, and other economic hardships.
The areas that were addressed include the financial sector, health care, pensions, the judicial system, and the tax regime.
Back
Next
Related words
Health
Public
Government
Their
Social
Benefits
Wages
Spending
Education
Other
Countries
Insurance
Which
Retirement
Unemployment
State
People
Salaries
Workers
Taxes