Exact(4)
Albany politicians and public employers added pension sweeteners.
"They'll save $134 million this year, but have to pay $300 million in added pension and retiree health benefits".
Even so, the price tag for the city is projected to reach $530 million a year in added pension contributions when the program is fully carried out.
The state decided to pay the added pension costs over two years, although with a roughly 8percentt interest rate on the second year's payments, officials said.
Similar(56)
Unless there are radical changes, he added, pensions will shrink by 50percentt in 20 years and the entire retirement system "will be doomed".
A spokeswoman said the board would probably decide by the end of March whether to add pension accounting to its workload.
Add pension obligations and rising interest payments on debt taken on to refurbish what is now called the Max M. Fisher Music Center, and the symphony will be $9 million in the hole for the 2009-10 season, it said.
More Ploys March 4 , 2002Free Registration Required Earnings inflaters: adding pension gains and ignoring stock options.
From now on S&P will treat employee stock options and restructuring charges as an expense and will no longer add pension gains to income.
Add Pension and annuities on line 12a, and the taxable amount on 12b.
This year the government added a pension scheme to Oportunidades under which it contributes slightly more generously than it does to formal-sector pensions.
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