Retirement
in sentence
671 examples of Retirement in a sentence
Staggered alignment of economic and social policies (such as the legal
retirement
age), new balancing schemes (euro bonds as a transfer instrument), and an effective stability mechanism are all needed to preserve the common currency.
The
retirement
age has been reduced from 67 for both men and women to 60 for women and 65 for men.
They have the power to direct their firms’ campaign contributions, to offer positions or business to politicians’ relatives or associates (or to politicians upon retirement), and to use their businesses to support issues and causes that politicians seek to advance.
Such a financial "hit" may affect their consumption patterns, complicate their
retirement
plans, and even bring them to the brink of indigence.
A majority of today’s French recognize that raising the
retirement
age is necessary to ensure the survival of the pension system.
Indeed, to see high school students expressing their hostility to Sarkozy’s planned slight increase in the
retirement
age is particularly revealing.
And what if France really is showing the world what a “good life” is all about; that life is not about being part of a “Great Nation” with a nuclear bomb and a seat on the United Nations Security Council, but about being a “Happy Nation,” whose citizens understand how to live well and want to enjoy a long “second life” after
retirement?
The government should gradually increase the
retirement
age for new workers, crack down on evasion of social-security contributions, and accept the no-deficit principle for supplementary pension funds.
Moreover, pensioners now have reason to worry about threats to their
retirement
benefits from their own children.
And they often appeal directly to older voters by promising to lower the
retirement
age and expand pension benefits (both are flagship policies of the League).
Chinese consumers, on the other hand, might actually start spending more of their income if they can worry a bit less about saving for health care, their children’s education, and their old-age
retirement.
Anonymity for rape accusers is long overdue for
retirement.
A good example is Sarkozy’s effort to raise France’s
retirement
age from 60 to 62.Trade unions are up in arms, which, after all, is their duty.
The population at large just does not understand what links raising the
retirement
age with the crisis.
The generous
retirement
pensions, unemployment compensation, health coverage, and all kinds of social programs that make Western Europe a comfortable place to live were established when Europe’s economy and population were growing fast.
The Creeping Public-Pension DebacleLONDON – If developed countries acted rationally, and in the interest of electorates that understood how their tax money is spent, they would set their public-pension
retirement
age at or above 70.
But most developed countries have
retirement
ages below this mark, and, despite some progress, it will be decades before they catch up.
In 1970, the average effective
retirement
age for French male workers was 67, which was roughly the same as male life expectancy at that time.
Now, the effective
retirement
age in France is just below 60 (the official
retirement
age is 65, but in practice public pensions can be drawn much sooner), even though male life expectancy is nearly 83.
Early
retirement
is even costlier for Italy, which tops OECD rankings of public-pension spending, with an annual outlay equivalent to nearly 16% of its GDP.
Developed countries have been raising their
retirement
ages gradually, but trade unions and pensioner groups lobby hard against any increase.
In fact, in 2014 Germany’s governing coalition yielded to union pressure and actually reduced the
retirement
age for some manual workers, despite frequently lecturing other eurozone countries to do the opposite.
Delaying
retirement
does not steal jobs; it creates them.
For starters, corporate pay and promotion structures are biased toward early retirement, because companies tend to push out older workers first when they need to cut costs.
Any country required by its public-pension policy to transfer billions of dollars to citizens for decades-long
retirement
periods risks bankruptcy or, at best, stagnation.
A lower inflow and a higher
retirement
age would be a much better solution to population aging.
This imbalance has already driven some governments to raise their
retirement
ages and change their pension policies to delay or reduce benefits and keep people in the workforce.
The same is true of China’s
retirement
system: the workforce’s enrollment rate is around 50%, but only $600 of assets per worker (in national, local government, and private pension schemes, combined) are available to cover lifetime
retirement
benefits.
High scores mean a comfortable life, all the way through
retirement.
The French government, in this same spirit, has gone after public-sector workers’ extravagant pension benefits, as well as the legal
retirement
age, trying to increase it from 62 to 65.Anybody can grasp how child benefits for the wealthy or
retirement
at only 62 is unjustifiable.
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