Pensions
in sentence
439 examples of Pensions in a sentence
That risk remains, especially if Temer’s problems prevent an indispensable pension reform from making its way through Congress (Brazil spends as much on pensions, as a share of GDP, as Italy does, even though its population is considerably younger).
A proposed consolidation of rural and urban plans for
pensions
and critical health care is particularly important in this regard, as is the authorities’ commitment to allowing workers to transfer their hukou (residency permits) – and the associated social welfare benefits – wherever they move.
By developing markets for private pensions, commercial health insurance, and annuities, China could complement expanded government provision of social insurance and weaken the incentives that underlie high precautionary saving.
The Endgame in GreecePARIS – After months of wrangling, the showdown between Greece and its European creditors has come down to a standoff over
pensions
and taxes.
Then the storm will come, battering ordinary citizens, while today’s leaders remain high and dry, drawing
pensions.
With financial panic in retreat, unpaid salaries, pensions, and other basic state obligations are being met.
The fact is that providers of all long-term financial products, particularly life insurance and pensions, have no choice these days but to streamline their offerings, including a reduction of those that still provide longer-term guarantees to clients looking for greater financial security.
These subsidies are also intended to be used to raise wages (first of all, for public employees) and
pensions.
The less money the state has, the lower the salaries of civil servants and the value of
pensions.
Real wages should grow fourfold by 2010;
pensions
must also grow accordingly.
Unemployment benefits or public
pensions
are not identical in, say, Ireland and Finland.
For example, one reason why France spends a lot on public
pensions
is that there are virtually no private pension schemes in the country.
That is why the ILO and the World Bank have launched a Global Partnership for Universal Social Protection, which aims to ensure that social safety nets – including
pensions
and parental, disability, and child benefits – are made available to all people, covering the hundreds of millions worldwide who are currently unprotected.
The two crises have created immense human suffering worldwide: thousands of families have lost loved ones in wars, and the financial crisis has taken people’s jobs, livelihoods, assets, pensions, and dreams, as well as worsening fiscal and debt conditions in most industrial countries.
Privatization of pensions, for example, has proved costly in those countries that have tried the experiment.
Banks overseen by managers who had larger unfunded
pensions
weathered the financial crisis better than their counterparts, presumably because they had a stronger incentive to keep them safe.
We should probably worry a lot more than we do about demographic changes that will cause a dramatic decline in the potential labor force in rich countries, and a rise in those relying on
pensions
and health care.
Berlusconi's performance in government is a combination of good intuition--for instance the early attempt to reform Italian
pensions
in 1994--and poor implementation, most likely because of a lack of courage, as surprising as that seems.
The government could have started by bringing together employers and unions to negotiate an equitable burden-sharing agreement, including an across-the-board reduction in wages and pensions, thereby getting a jump on internal devaluation.
Greece thus lacked a mechanism to negotiate a social compact to cut wages, pensions, and other obligations in an equitable way.
By contrast, many transfers, such as unemployment benefits, health benefits, and public pensions, are indexed to inflation, and thus maintain their real value.
At the height of the crisis, Ireland’s government cut public-sector salaries and pensions, raised the retirement age (to 68 by 2028), slashed welfare benefits, and increased the value-added tax.
In Europe, for example, raising the retirement age for public
pensions
and shrinking government employment would curtail welfare-state excesses.
Both Europe and the US badly need long-run reforms, for example, of public
pensions
and health care.
If the world worked in this simple way, then Michelle Bachelet, Chile’s socialist president – who raised taxes on the rich, increased transfers to the poor, made university education free, and sent a bill to Congress that aimed to provide more generous
pensions
– should have been able to handpick her successor.
When students took to the street in 2011, and other groups followed, leftist intellectuals interpreted this as a wholesale rejection of what they like to call “the model”: a market-based economy open to the world, with a large role for the private sector in the provision of public services such as health, education, and
pensions.
Fiscal discipline should not take priority over the important structural reforms included in the new deal, particularly measures to overhaul pensions, the legal system, product markets, public administration, and the judiciary.
The government must reform social welfare and
pensions.
After the creation of the welfare state, government-funded
pensions
and medical assistance replaced this obligation, even if younger workers’ taxes financed such schemes.
Since people under the age of 18 do not vote, the elderly come to represent a majority, whose members then seek to benefit themselves through generous pensions, lifetime jobs, or medical assistance.
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