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Pensions in sentence

439 examples of Pensions in a sentence

The EU countries are finally accelerating their implementation of structural reforms, but the starting point has become less favorable and political resistance too entrenched, as illustrated by the recent conflicts over reforms of French pensions and the German labor market.
Western democracies did not always provide pensions and health care to their citizens.
At the beginning of this century Uruguay was the "Sweden of Latin America" -- introducing the 8 hour work day in 1915, free high schools in 1916, and state pensions in 1919.
She implemented gradual and pragmatic reforms in education, pensions, health care, and competitiveness, but worked hard to build consensus and promote dialogue and popular participation.
I estimated the impact on GDP of America’s recent and projected debt increase (in which the explosive growth of public spending on pensions and health care looms largest), using four alternative estimates of the effect of debt on growth: a smaller Reinhart/Rogoff estimate from a more recent paper; a widely used International Monetary Fund study, which finds a larger impact (and which deals with the potential reverse-causality problem); a related CBO study; and a simple production function with government debt crowding out tangible capital.
Its economy, for example, cannot recover properly because consumers, lacking confidence in the ability of their political leaders to solve the economy’s manifold economic problems (budget deficits, pensions, etc.), are saving for a rainy day they feel is just around the corner—and businessmen are reluctant to invest, because they don’t trust government to make the necessary economic reforms.
Old people invest their savings and pensions from home computers; young men and women give up working for salaries to seek a big pay-off in the stock options on offer from dot.com firms.
In the US, in particular, the “social contract” has long relied on employers to deliver unemployment insurance, disability insurance, pensions and retirement plans, worker’s compensation for job-related injuries, paid time off, and protections under the Fair Labor Standards Act.
Rising prices reduce the value of savings and pensions, while falling prices reduce profit expectations, encourage hoarding, and increase the real burden of debt.
- To sustain growth, Spain’s welfare state -- basically pensions and health care -- must be overhauled to increase efficiency and promote fairness.
In 1999, Poland replaced its defined-benefits system, which sets pensions as a percentage of final salary at retirement, with one in which pensions are based on the accumulated value of contributions during a person’s working life.
The hope was that this would diversify the sources of future pensions, with superior investment performance boosting the salary-replacement rate.
But, though the state guaranteed the pensions from both pillars, the diversion of contributions created a growing hole in the PAYG system as the resources available to cover current pensions dwindled.
These “transition costs” have been particularly high in Central Europe, because the new approach replaced a comprehensive system that promised pensions that were, to put it bluntly, unaffordable.
By modifying these accounts within the public-sector balance sheet, expected pensions will be unchanged, while the public debt/GDP ratio will fall by eight percentage points.
This change will allow Poland to continue its investment spending plans and access European Union funds, which together will create a sound basis for sustainable GDP growth and, ultimately, future pensions.
The government refuses to sacrifice future pensions, or financial stability, for the sake of short-term funding goals.
After all, the switch to a defined-contribution system, with actuarially justified pensions, guarantees the pension system’s long-term sustainability.
One must always remember: pensions are ultimately a claim on future output, whether in the form of a tradable financial asset or a legally binding commitment of the state.
This group is eligible for Social Security (pensions) and Medicare (health insurance), and the majority are retired.
But so much artificially cheap credit would also bloat state pensions, government wages, and social transfers.
This week, Greece defaulted on its payments to the IMF, rightly choosing pensions over debt service.
Specifically, that means social security, private pensions, and medical and unemployment insurance – plans that exist on paper but are woefully underfunded.
For example, in 2009, China’s retirement-system assets – national social security, local government retirement benefit plans, and private sector pensions – totaled just RMB2.4 trillion ($364 billion).
And many poorer citizens report growing satisfaction with the health care and pensions to which they have access.
But if countries are serious about reducing inequality and funding pensions and health care for their citizens, they will have to cooperate in global-governance efforts to prioritize fair taxation.
Set the Universities FreeAfter pensions and healthcare, higher education is the third great public service in serious trouble in many countries, notably in Europe.
Additional private pensions in Germany, rising charges for healthcare everywhere, and "top-up fees" for university students in the United Kingdom have become hot political issues bedevilling governments almost everywhere.
This provided China with plentiful low-cost labor, while saving the government large expenditures on pensions and health care.
The World Bank has knowledge and experience in sectors as diverse as infrastructure, agriculture, health, education, pensions, and financial regulation.
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