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Reduced pension costs may add as much as 50 cents a share to 2004 net income, he said.
The reduced pension?
He had taken early retirement with a reduced pension.
It produced a labour market that, for millions, brought stagnating incomes, insecurity and reduced pension rights.
Federal prosecutors have said that he could face a reduced pension, even court-martial.
Algie was asked retire early, and take a reduced pension or a lump sum.
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That reduced pension-scheme assets to about 5% of GDP, compared to 170% in the Netherlands, 131% in Britain and 113% in America.Moreover, the vast majority of Nigerians work in informal jobs, and so do not have a pension: of a working population of perhaps 80m people, only around 6m participate in any sort of scheme.
They reduced pensions and benefits for public workers and raised employees' contributions to those systems.
But how will these innovations work in an age of austerity, reduced pensions, later retirement and rising housing costs?
You have suffered long hours, layoffs, and exposure to dangerous chemicals at work, and received reduced pensions.
They were still focusing on pay when the real attack was coming in the form of reduced pensions.
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