HSBC, Lloyds Banking Group, Centrica and British Land have already made concessions and pressure is mounting on others to follow suit after the Investment Association, which speaks for 250 asset managers, urged companies to align executive pensions with those of the workforce.
This change would also align military pensions more closely with federal civilian retirement, which pays no COLAs before age 62 except to disabled retirees, while retaining most of the provision's savings.
Mr Juppé had to withdraw his plans to align public-sector pensions with private-sector ones after railwaymen and other public workers almost brought the country to a halt in 1995 with the approval of most of the French.
Kist, 58, must also align Aetna's pension-management culture with Reliastar's broker-dealer mindset all under a no-nonsense Dutch management team based in faraway Amsterdam.
In 1995 Mr Juppé tried to align public and private pension arrangements by, for instance, making public-sector workers contribute for 40 years to qualify for full pensions.
If one partner has a higher amount of UK-derived income, for example from pension income, align your portfolio so that taxable dividends are in the name of the spouse who has the lowest tax liability.
Gold and Disney managed to align the powerful California pension fund Calpers in blaming Eisner for a faltering Disney stock price, flagging ratings at its ABC television network and a loss of the creative momentum that built the House of Mouse.
Neither Mr. Jobs, executives at Comcast nor any of the powerful pension plans have aligned themselves with Mr. Disney's cause.
end{aligned} (14 The left-hand side of (14) is the total social contributions paid by workers in year t, while the right-hand side gives the total pension benefits claimed by pensioners plus the debt in year t.
The report therefore aligns the Bank's public position on pension reform with practice.
