How would raising the ceiling on payroll taxes affect benefits?
The decline of 5.3percentt of the pension fund's assets is equivalent to $7,500 for each of the 1.2 million state and local employees the system covers but the dip is not expected to affect benefits for California state employees.
Switching from the regular CPI to the chained CPI doesn't affect benefits immediately after retirement, which are based on your past earnings.What it does mean is that after retirement your payments grow more slowly, about 0.3 percent each year.
The focus on new beneficiaries also allowed us to exclude those who received awards before July 1999, when there was a significant change in how earnings affect benefits.
The actuaries in charge of the program say the savings will actually extend the life of the program and experts say the cuts won't affect benefits.
Romney promises to restore those funds, but what the ads don't tell you is that Obama's cuts don't affect benefits, only over-payments to insurers, providers and hospitals.
Paying users to be involved in research can be problematic however, as it can affect benefits.
Bivariate Probit models are estimated for off-farm participation equations followed by multinomial logit models to determine factors affecting benefit receipt from off-farm work.
For his part, Mr. Walker urged Mr. Barrett to explain exactly how he would have solved the state's budget gap without affecting benefits and bargaining for workers.
