Pensions
in sentence
439 examples of Pensions in a sentence
He wants to bar politicians from hiring their relatives, accumulating paid positions, and amassing over-generous
pensions.
Rather, the problem is rooted in the period from the 1930’s to the 1970’s, when bipartisan majorities enacted – or supported the expansion of – the popular Social Security and Medicare programs, which provide, respectively,
pensions
and health care to senior citizens.
In the 1950’s-1970’s, American policymakers made three crucial policy decisions, opting for a privatized, market-driven health-care system that provides the world’s most expensive care; basic
pensions
indexed to inflation for all seniors; and free health care for all senior citizens.
They have made tax systems less progressive and slashed spending on education, industrial policies and regional subsidies, pouring money instead into health care, pensions, and cash hand-outs that encourage early retirement and disability.
The redistribution has been away from low-paid young workers, whose jobs and wages are genuinely threatened by trade and immigration, and toward the managerial and financial elites, who have gained the most from globalization, and elderly retirees, whose guaranteed
pensions
protect them from economic disruptions.
Many of the countries that performed poorly on this test – most notably France, Greece, Italy, and Spain – were European welfare states where generous public
pensions
place heavy burdens on national finances.
By contrast, many of the countries that ranked highly in our sustainability rankings did so because their public
pensions
systems covered only the bare minimum necessary to keep retirees out of absolute poverty.
These countries mostly provide robust public pensions, supported by other income streams and non-pension wealth, and benefit from longer working lives and lower health-care spending.
It did not mean the attainment of radical equality, but acceptance of Keynesian economics, the pursuit of full employment, the expansion of public education and
pensions.
The sense of control over one's home territory and one's life-time horizons (in terms of guaranteed long-term employment and pensions) has sharply weakened.
This party, now using the presumptuous name “The Left,” has gained a foothold in West Germany with its impossible promises of higher pensions, a minimum hourly wage of €10, huge public investment schemes, and zero unemployment – in short, exactly the kind of socialist paradise that failed in East Germany.
For a while, these countries finally had enough money to increase public-sector salaries and pensions, as well as spur private consumption and investment.
Pensions
are rising.
In the United States, the federal government has primary responsibility for defense, public old-age
pensions
(Social Security), and health care for the elderly (Medicare); sub-national governments are responsible for education and law enforcement.
At the same time, Putin is attempting to boost Russia’s appeal by doubling Crimeans’ pensions, boosting the salaries of the region’s 200,000 civil servants, and constructing large, Sochi-style infrastructure, including a $3 billion bridge across the Kerch Strait.
By contrast, most of the 625,000 public-sector jobs lost during the recovery offered generous
pensions.
And, as more people live longer, and the relative size of the working-age population falls, the dependency ratio can begin to rise, with serious socioeconomic repercussions, because older people require more health care and draw
pensions.
But in the future, aging Europe, who will pay for the unemployed when so many people are on
pensions?
On pensions, Bush advocates a mixed system of pensions, with a private component.
Meanwhile, Italy’s top bureaucrats are the highest paid in history, according to OECD data, with several retired officials drawing larger
pensions
than former US presidents receive.
In an environment of extremely low interest rates and frothy equity markets, infrastructure also looks like an attractive and reasonably safe alternative to stocks and bonds, yielding returns that can ultimately finance the
pensions
of the West’s aging societies.
To achieve both goals, Russia's elite will need to share some of its new wealth, and not only with people hurt by reforms, but with the state, through enacting taxation schemes that allow, say, for energy taxes to begin to cover some of the costs of
pensions.
"I have an immense fear," said Edward Broadbent, the leader of Canada’s Social Democrats back then, "that if the agreement is put in place, corporate pressures would mount to harmonize Canadian social policies, such as subsidized Medicare and pensions, with lower American standards.’"
But not all migrants ultimately draw the
pensions
to which their contributions entitle them.
On the contrary, when debts become unsustainable and governments have no option but to close hospitals and slash pensions, it is the poor and vulnerable who suffer most.
The same is true in education, pensions, or housing for the poor.
Revenue growth thus looks insufficient to match the surge in age-related public spending on health and
pensions.
Setting priorities – whether to spend more on education and less on pensions, for example, or whether to invest in infrastructure or in research – entails hard choices that should be made explicit.
Thus, economic recovery in the short term requires aggressive government stimulus, particularly given that any structural reform that reduces spending (such as a decrease in pensions) will be more likely to have a contractionary effect in an economy that is demand-constrained.
Harsh austerity measures – cuts to pensions, salaries, and social services (including a recent decision to close hundreds of hospitals and lay off thousands of medical personnel) – have inspired barely any criticism.
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