pension

Such a fate raises the question of what will happen to the industry's huge unfunded pension liabilities.

She said the sole parent pension was a ''reasonable payment, at least compared to the US''.

The national pension and health plans seem to be insolvent in the long run.

But some of the pension funds and investment companies that hold big stakes in Vale will not like this at all.

And many are wondering, how much will go into the old-age pension system.

Some years ago he created a pension plan for the self-employed, known as a SEP-IRA, for his band members, and began to pay into it.

In return for 40 years of contributions, it has agreed among other things to increase pay grades on which pension benefits are calculated.

The woman's pension, meanwhile, continued to be paid, alongside special cash benefits reserved for centenarians.

American public-sector pension funds still discount their liabilities by an assumed rate of return, often 8% a year.

Delphi did not release details, but said the deals include issues of work force transition and legacy pension items.

'By 2030, the gap for the pension fund will be very huge due to an aging population, ' he said.

So the city chose bankruptcy in the hope that it might be able to restructure some of those pension promises.

We've got to limit it. It's not a pension plan for people who used to be in Doctor Who.

A pension is often commutable into a lumpsum.

After police were called, she said she was widowed 10 years ago and the pension left by her engineer husband was no longer sufficient.

She was pregnant with the child of a KGB officer and now lives on a BND pension in southern Germany.

In the case of pension arrangements, this could take the form of an earmarking order or pension sharing order against retirement benefits.

The privately-owned company doubles Allen' s salary, but does not provide him with a pension fund, medical insurance, or an apartment.

One might have assumed she would be lured to the big corporations by the prospect of job security, a pension and team away days.

"Difficult time, " he said, "the pension's not much, and every bit counts. "

To live as he had in a council house all his life, with nothing to look forward to but a gold watch and a pension?

NOT SO long ago the right to receive a state pension from the age of 65 seemed inalienable.

and remuneration in the form of a fixed cash salary with a right to a pension.

He also estimated that the fund would have to be used to pay for pension shortfalls by 2035, when he believes the ageing problem will peak.

She had come to ask for a pension, or for free education for her children.

Meanwhile, a National Pension Service official said the pension fund had not received any proposal from MBK Partners.

I've spent a fair bit of time working with pension managers and actuaries in northern Europe and have always been baffled by it.

John Lawson of Standard Life said: "Delaying taking your private pension by just a year can significantly boost your income. "

How Much Do Peasants Intend to Participate in the Social Pension Program under the Current Institutional Arrangement?

Due to the service of her late husband, she did receive a widow's pension of $8 per month beginning in June 1890.

To fund the research and the various drafts of his chair, Li sold his house in Beijing and took out his life's savings and pension .

He said the pension fund's staff could recommend the strategy to Calpers' board in the coming months.

The Honorary President, a title Havelange accepted from his last congress in Paris in 1998, gets a pension but FIFA won't say how much.

But last Thursday, Mr. Rajoy closed off that possibility. He said he would not hurt the elderly by reducing pension payments.

In Britain auto-enrolment is at the heart of a new national pension scheme, the National Employment Savings Trust (NEST).

Chrysler's bankruptcy sale dragged out for a few days after a group of Indiana pension funds appealed.

As long as she does not mind the countryside conditions are poor, our family is willing to caring for her pension.

She said her pension is enough to support her in later years and that her only hope is that her son can visit regularly.

Employees in DC schemes can be at a loss when deciding how much to invest, where to put their money and what kind of pension to expect.

Hampton, who replaced McKillop, said he contacted Goodwin last month to urge him to think again about the pension.

At least half of his pension pot was earned before he became chief executive.

There can be a pension, not enormous but sufficient, for her sister for the remainder of her life.

The minister said the change in strategy reflected a desire to match the asset profile of the stabilisation funds with pension liabilities.

A modest pension of $7 a week in 1900 would be worth $184 a week today if it had been linked to consumer prices.

The fund was launched with investors from some sovereign funds and a pension fund, through the Bank's private sector arm, IFC.

This changed in 2000 with a compulsory pension scheme, one of many social-policy efforts championed by the last colonial administration.

You need to let me seeyour pension documents and bank statements and all that.

President Sarkozy said some mothers would be able to receive a full pension even if they had taken years out of work to look after children.

Increasing longevity is not the only reason that the current pension arrangements look unsustainable.

Sanjay has no savings left for retirement and does not get a pension or social security.

Does the big 60 scare me ? No , not really . I feel good and I definitely do not feel like 60 . Hey, I can go on pension now !

Later on, when the children grow up, the older couple can more easily live on the husband's earnings plus the wife's pension.

The question of the Rural social pension security is increasingly incisive and prominent.

Most of us have pension and insurance policies, through which we all invest in equities; everyone owns them and yet no one does.

The effect would be a bit like changing from a defined-benefit pension to a defined-contribution one.

I have discussed the details about my pension with him on the telephone yesterday.

The bank's report says "contributory pension plans" cover very few people due to the nature of many jobs and livelihoods.

Furthermore, given the bond-like nature of the liability, pension-fund sponsors were in effect borrowing money to invest in risky assets.

Also you have to climb about 15 steps up to the pension. There was no phone, clock or hair dryer.

When a man reaches the age of sixty-five, he may retire from work and then he has the right to draw a State pension.

In theory, being able to withdraw money from a pension scheme may persuade employees to contribute to it in the first place.

Another lure was that pension-fund clients preferred investments in the currency their liabilities were denominated in, the euro.

"We are looking for stable returns on rent, " he said, noting that pension funds were major shareholders in his property funds.

Were I a lot younger--or had I already retired, with a pension to act as a safety Belt, it would Be different, of course.

To save the pension system, the French parliament is about to pass a law that forces workers to postpone retirement by two years.

She said that the regime had frozen her bank accounts and pension, as well as those of her husband, who is still in Tehran.

He received a generous pension when downsized from his job as director of partner relationships for a large Silicon Valley company.

Unless the starting assumptions are appropriate, the need for pension and annuity players to hedge is misleading, he said.

SRI pioneers remain convinced that major, long-term investors like the pension funds will have to take ESG factors into account.

Next, consider BP and the plans of the New York state pension fund and others to sue the company over the share price plunge.

Older workers are right to recognize the very real cost of the increased workload implied by this pension reform.

But after all, to the end of the demographic dividend, if then we did not make the affluent, who pay pension costs?

Fund managers looking after pension plans should be seeking opportunities that will pay off over the long term .

By federal law, all pension plans offer "vested pension rights" to workers who have completed a certain number of years of service.

But while I was with that company and earning the pension, I was also in a partnership with her.

They might be companies, charities, social enterprises, educational establishments, even political parties or pension funds.

Some worry that China's pension fund might have a deficit. Some are calling for the retirement age to be extended.

Upon moving to Los Angeles, she was a fixed income portfolio manager for a boutique pension manager.

The pension levy may have been accepted by the general public, but the unions still protested vociferously.

This scheme, known as ATP, is compulsory for all employees and is designed to top up the basic state pension.

Countries on a PAYG system are usually stuck with it for the bulk of their pension provision.

It was the second week of the month, before everybody's pension check was all gone.

Mercer suggested that, the situation of China could be improved by raising the statutory retirement age of the pension system.

China's rural areas has always been based on old-age pension family, known as respect for the old respect for the traditional culture.

There's a nice little pension and a cottage on the estate coming him when he retires. He'll be snugger than a bug in a rug.

Fang was allowed to retire with a pension and others have been relocated to other cities.

The Finns' entitlement to a generous state pension and other largesse counts for more than a nest egg to call one's own.

Saving for a pension may not always be the best use of an employee's income.

The Bank estimates that 40% of the world's labor force, including workers in rich countries, is covered by a pension scheme.

Mr Perry has called Social Security, the pension system on which millions of Americans depend, not only unconstitutional but a Ponzi scheme.

Social Security, founded in the Depression to provide workers with a secure pension, has defied all recent attempts to make it solvent.

Traditionally, peasants regard their offspring as their pension fund, the only hope of a meal ticket in old age.

Many countries have engineered pension reform since the twentieth century was drawing to its end.

"There is a constituency for [managing pension investments] better because people are worried about their pension returns now, " he said.

The extent to which states raise their own payments to pension funds depends on the stockmarket.

Had the bank run into financial difficulties, clients such as pension funds and hedge funds would have been at risk of losing their money.

Jack already knew that it was time to retire, to give up working and go and collect his pension like other people of his age.

Calculates Pension Fund , Housing Fund , Unemployment Fund and any other user definable deductions.

Several states have had to borrow money for pension plans that have fallen below required funding levels.

And that's 70 percent of the United States stock market, 70 percent of the operating system formerly known as your pension, your mortgage.

While a number of issues are seen as confronting many countries the report argues no one size fits all in terms of pension reform.

I don't think so. The government has decided to prop up the market with pension funds. There should be a small upturn.

As a worker in a given organization, you are typically forced to have your pension managed by a single designated fund.

A more prudent way of measuring the liability is to regard a pension as a debt that the state owes its employees.

Henceforth a foreign pension fund or central bank that once mindlessly ploughed his spare cash into Treasurys will have to think twice.

She never finished college, never married, and has no boyfriend and no pension.

"The accounting suggests that governments can provide pension benefits at half the cost of a private-sector fund, " says Mr Biggs.

The turning point, I think, came a week or so ago during the angry backlash against Sir Fred's pension package.

'Shanghai has been running deficits in the public pension program for years, ' he said.

I recommended that the state's public pension funds set targets of investing at least 5 percent of their assets in Arkansas.

Greece has one of the most generous, and therefore expensive, state pension systems among the 30 mostly rich OECD countries.

The fund said its returns had been better than most other SWFs, pension funds or university endowments.

Witch-killings all but stopped in South Africa's North Province after such a pension scheme was introduced in the early 1990s.

Having an exposure to a final-salary pension scheme is now a drag on a company's share price, not a boon.

Vast sums of money were locked up in pension funds.

get a loan from a pension fund, and deposit paychecks in a money-market account with a brokerage firm.

On top of that, Chinese workers have also had to adjust to a new pension scheme.

concerned organization must on time full specified amount pays old - age pension , do not get without reason to default , do not get divert.

Some call it a pension fund of last resort.

His solution was to bolster the basic state pension by uprating it in line with earnings rather than prices, which usually rise more slowly.

Raising funds in yuan means being able to tap wealthy Chinese investors and state-backed institutions like China's national pension fund.

At the heart of the problem lies a public pension liability estimated at a present value of $80 billion.

Because Dad had no pension or benefits there was not much money so we went on relief now called social assistance.

Public pension institutions, through open recruitment, employment contract signed for the talent to open "entrance. "

I don't know whether my own pension fund is investing in leveraged loans right now , but I rather hope not .

And yet the private plans are in good shape compared with state and local pension funds.

There was a widespread belief among domestic investors that the country's state pension fund had started heavily buying shares.

I'm happy with my contract, and I'm secure: I can put money into savings and a pension.

The company has more than $27 billion in outstanding pension obligations. Of that, payments totaling $10 billion are due in 2014 and 2015.

And here one is talking of a pension industry where both the employer and employee, while the employee is at a working age, contribute.

Whether the hedge and increment of enterprise pension investment can be realized will influence life standards for retirees directly.

It means any other income after retirement will not effect retirement pension.

But a lot of that money came from big institutions like pension funds, hedge funds and mutual funds.

We now have to rely on our own savings---rather than a company pension plan---to help us survive during retirement.

There is no unsustainable progression driving the mechanism of a pay-as-you-go pension system and so it is not a pyramid or Ponzi scheme.

A pension promise is a bond-like liability in that it obliges the scheme to pay out a steady stream of cash well into the future.

Towers Watson 's Mr MacDonald says UK pension funds themselves are not set up to make allocations to specific commodities .

A decade ago, Canada used to run its public pension funds in a similar manner to the US.

Another problem is that the amount of money going into NEST may not be enough to generate a decent pension.

But there are steps that those affected can take to help safeguard their pension plans and protect their "holiday of a lifetime" .

Not the big corporate pension funds, which have been moving into bonds and alternative assets (like property) in recent years.

The full impact of the budget on the poor was therefore muffled (though the Treasury also excluded pension changes hurting top earners).

That would hurt pension funds, which bought them, and send congressional leaders into a spin.

Lula said then that in a second term his priority would be tax, political, labour and pension reforms.

This time the centre-right government wants to save money by scrapping a pricey early-retirement scheme and raising the pension age.

Calculating the cost of a pension scheme depends on two key assumptions.

The country's vast public-pension fund, to which every citizen must contribute, is poorly managed.

A deeply ingrained sense of filial responsibility kept several countries from instituting pension systems until the late 1990s.

How many but does the retirement pension have to have to have to be able to maintain the essential level of living?

Therefore, the implementation of pension insurance may be a significant part of revenue from high-income class shifted to low-income class.

JOIN a private-sector company these days and you will be very lucky if you get a pension linked to your final salary.

But recently, the state of New York approved a law that redirects the food and beverage tax at jazz clubs into musicians' pension funds.

The Canadian pension fund acknowledged the approach but told reporters last week that it was not interested in potash at this time.

Our pension system is in the transition process from "pay-as-you-go system " to "Commission Account" mode.

Jane: Well, with all her years as a VP, she must be getting a nice pension.

He cashed in his pension and insurance for capital and established a start-up in 1993.

They were able to provide medical insurance and pension funds through the support of the government.

Italy's powerful unions, meanwhile, are strongly opposed to any radical changes to the country's costly pension system.

Another positive-feedback loop in bull markets used to be the final-salary pension fund.

I could receive a stable pension that is even more than I earn now if I retire at 50 under the current policy.

Mr Xiang said there was insufficient data to accurately predict China's pension shortfall, which is expected to be in the trillions.

Most of it goes to generous pension and welfare schemes rather than to building roads or improving schools.

Managers of other college and charitable endowments, and an increasing number of pension funds, hope to follow Mr Swensen's lead.

One of our biggest sacred cows is the national social security program which pays many older Americans a pension.

Governments across Europe are embarking on pension reforms to pay for a growing number of retirees.

US workers pay a social security tax that goes into a special fund supposedly reserved for pension payments.

The Chancellor announced a new mechanism that will automatically raise the state pension age to make it consistent with life expectancy.

He had thought that this can be done has been retired, and then took a handsome pension for healthy aging.

Do you think the public should bear the risk of investment and the administrative costs of this pension scheme?

Mr Martinelli wants to offer tax breaks to foreign investors, but he also promised a non-contributory pension for the poor.

Who should care for the elderly and how pension systems should be funded are often contingent on cultural norms and preferences.

As a country grows, however, more people become employed the formal sector, through which a pension scheme can be established.

Alas, like the supposedly dumb small investor, the pension funds ended up chasing past performance.

In a report entitled "Averting the Old Age Crisis" , it argued that pension arrangements in most countries were unsustainable.

My pension's been completely knocked off its trolley. The money was just swallowed up.

This circumstance leading to pension treatment gap between the employees of enterprises and institutions, government agencies workers.

Democrats say the president's plans to overhaul the U. S. pension program will hurt small farmers.

Perhaps the real reason why public-sector pension costs have not been tackled is that the full bill has never been revealed to taxpayers.

It has drawn up and sent to Congress a reform of the private-pension system, an important and politically complex issue.

Last week, it emerged that the chairman of Royal Mail's pension trustees is thought to be considering closing its final salary scheme.

"I may order merger arbitrage for dessert but I don't want it for my meal, " insists one pension-fund manager.

Pension funds have been able to shape their portfolios to fit their appetite for risk.

The lack of a pension fix has led to downgrades of Illinois credit ratings. Cheryl Corley, NPR News.

Pension funds in Europe and the UK have shown interest and he hopes the fund will be closed by the end of the month.

The loom was declared public property in 1806, and Jacquard was rewarded with a pension and a royalty on each machine.

If Japan's workers cannot shoulder their burden, the country will find itself unable to honor fully its pension and health-care commitments.

Unloading huge pension liabilities onto governments would be another boon to postal services, especially in Britain and America.

China life pension company ltd. of PICC, came into existence at 2007 Jan. , engages in the operation about enterprises annuity.

CalPERS, America's biggest pension fund, is due to decide soon whether to put money into commodities.

Add to that the Treasury debt held by America's public-pension scheme, and the national debt reached $10 trillion back in September 2008.

Another expensive policy shift will take place in April, when the state pension is relinked to earnings.

Similarly, others said, participation fees and deductibles placed the pension and rural healthinsurance plans out of their financial reach.

Clearly, losses to British pension funds and other British shareholders of BP should be of concern to the British government.

The proposed rules may create a third set of employees, those who prefer payment in cash to a pension promise.

David Tseng, a special assistant in the U. S. Department of Labor 's Pension and Welfare Benefits Administration, tells a similar story.

At Present They Include Only A Company Pension Scheme And A Subsidized Canteen.

Xu added that the lack of universal healthcare and a pension system added to people's feelings of insecurity.

This form should be submitted to AIA Pension and Trustee Co. Ltd. ( "the Trustee" ) at least 1 month before the effective date.

That will impose colossal financial burdens in a country already struggling to meet its pension commitments to the elderly.

In that complaint, the pension fund is seeking to unravel the current deal and compel Bear directors to look for a higher offer.

Already pension payments are absorbing a growing share of the total social-security bill.

The market is almost too fast for the mostly lengthy decision-making processes of institutional investors like a pension fund.

They hope China's looming pensions crisis will be a bonanza for businesses with a track record in selling pension services.

As the labour force begins to shrink, the current pay-as-you-go pension system will become unsustainable.

Unlike wages, pension promises have been deemed, weirdly, to be permanent and sacrosanct.

sometimes staying in an old hotel, the Pension Moritz in Berchtesgaden.

The risk of offering a defined benefit pension scheme is considerable. You cannot invest your way out of the problem.

It used the pension funding ratios calculated by the states themselves, which almost certainly understate the size of the hole.

Unsurprisingly deposit- and pension-insurance schemes tend to be popular, given the harm to losers when banks and retirement funds fail.

She pays for neutering and food from her pension and donations.

HSBC includes retail banking, credit cards, insurance, pension savings and investments in its personal financial services operations.

However , some observers believe it could be the first step in a broader shake - up of the local government pension sector .

To make matters worse, the age when a woman can claim her State pension is being increased.

Take pensions. Brazil is a young country with the pension costs of an old one.

The financial status of single parent families is only next to the unemployed and those living on old age pension.

Strengthening the system of pension insurance legislation and supervision, improving the efficiency of pension insurance fund.

The provision division has great propulsion and an expansion of the dimension of pension from tension and explosion of conversed version.

There, thanks to power-crazed unions and a defined benefit pension scheme, the hierarchy is clearly staff, staff, staff.

Monthly contributions to the pension scheme will be taken out of your salary.

Healthcare costs are likely to rise along with the pension costs, so that the term "cost of living" takes on a whole new meaning.

It introduced an old-age pension and began, then expanded, an earned-income tax credit.

This dissertation intends to provide comprehensive analysis of the relationship between pension and distributional effect.

France is leaning in the right direction, with its mooted overhaul of the pension system.

Get used to it: we are heading towards a pension age of 70.

Now, we've got a mechanism at the federal level that provides a certain percentage backup or guarantee for these pension funds if they fail.

They receive 14 months a year of pension payments, with bonuses at Christmas and Easter.

If the state pension age had increased in line with life expectancy, we would not be drawing it until our 75th birthday.

To be sure, this isn't the same as publishing underlying financials on a public pension website where anyone can view it.

The new system will be funded in part by the early abolition of the state second pension, an earnings-related scheme.

Spending on welfare rises automatically in a recession; pension payments continue to grow as the population ages.

And the fiscal consequences of ageing cannot be sustained without reforming labour markets and pension systems.

There was also strong association with likelihood of receiving disability pension.

For now, most of the world's population has no pension provision.

About 16 months ago an old-age pensioner, a war hero, got stabbed to death for his pension by a heroin addict.

That will ruin the pay-as-you-go state pension schemes that provide the bulk of retirement income in rich countries.

Employers used marital status to determine whether they would provide health insurance or pension benefits to employees' dependents.

Without it, I'm afraid I cannot authorize you annual increase in pension provisions.

Please give details of your current or most recent remuneration package including salary, pension and bonuses.

The amount of money receivable shall enter into his pension account and special account in Program B.

In a desperate move to raise funds, the government's forced private pension funds to transfer $2. 3 billion into a state bank.

the retirement pension means that the social function of the change, the decline in income and interpersonal alienation.

Reynolds American generally analyzes its pension and post-retirement plan performance annually as of the end of the year.

The socialized-old age insurance system can be divided into the urban pension insurance system and the rural pension insurance system.

Mr Sarkozy knows well that the Germans, as well as the bond markets, were watching his pension reform closely.

A: Maybe a few: some pension funds, university endowments and other big investors are required to hold triple-A securities.

Market participants said the selling pressure came from long-term investors, such as pension funds, banks and insurers.

Which is the first generation that will have to work to 68 before becoming eligible for a state pension?

Further complicating matters, Nan Shan employees have demanded they are repaid from the company's pension fund before the sale is completed.

Pension age will increase from 65 to 70 years of age, and pension of reducing the number of can change of various ages asymmetry.

and to provide a small pension for those who have reached the age of retirement.