Sentence examples similar to basis for calculating pensions from inspiring English sources
The formulae for calculating pensions are the same for employees (RG) and self-employed (RETA), although in the latter the possibility of early retirement is not allowed.
Mr. Fisher said that before embarking on any changes, Congress must replace the current method for calculating pension obligations.
In an email to staff today Lucy Adams, director of BBC People, and Patel, said: "Future salary increases for calculating pension benefits will be limited to 1% per annum.
In the new bill, the method for calculating pension costs has been changed so that it closely resembles the one that actuaries already use under certain circumstances.
The 2004 change in calculating pensions for new retirees, she said, was not an admission of error.
If the Senate bill becomes law, the new way of calculating pensions would stay in force for two years.
The state's formula for calculating pensions had not changed in 20 years, and retirees had lost ground to inflation, according to background material prepared for the board.
In his budget last month, Osborne switched the basis for calculating increases in public sector pensions to cover inflation from the retail prices index (RPI) to the consumer price index (CPI).
