Sentence examples for benefits based on a from inspiring English sources

Generous final salary schemes will be scrapped and replaced with benefits based on a career average.

In a traditional plan, benefits based on a combination of age and service build sharply toward the end of an employee's career; in a cash-balance plan, benefits build uniformly each year.

Nearly two years ago, the Social Security Administration first moved to set up a new system that would automatically turn over to the Justice Department information it collects on Americans who are receiving federal benefits based on a disabling mental illness for inclusion in a database used for gun background checks.

In the meantime, some police officers and other rescue and recovery workers who worked at ground zero and have cancer have been receiving enhanced pension benefits based on a 2005 state law that said they were presumed to have contracted cancer from the ground zero substances.

Insurance companies are banned from excluding benefits based on a pre-existing condition.

Keep in mind that during the next six months, anyone who begins taking spousal benefits based on a file and suspend gambit, can continue to benefit from it until 70.

For the past 20 years, traditional pension plans, which paid benefits based on an employee's years of service and pay, have been gradually replaced by individual accounts loaded with stocks and more exotic holdings, which provide benefits based on fluctuations in the financial markets.

In the case of a veteran who is retired or separated from the active military, naval, or air service for a catastrophic disability or disabilities, payment of monetary benefits based on an award of compensation based on an original claim shall be made as of the date on which such award becomes effective as provided under section 5110 of this title or another applicable provision of law.

In other words, the government currently calculates benefits based on inflation, but with chained CPI, the government would calculate benefits based on an assumed consumer reaction to inflation (buying cheaper stuff).

The second is a pre-funded account-based benefit, based on a mid-level income tranche, to replace lost income.

Rather than paying retirees a pre-determined benefit based on a common formula, as Social Security now does, the administration is proposing to give workers the opportunity to manage some of their retirement money themselves.