Sentence examples for default of pensions from inspiring English sources

Changing the default of pensions schemes to an opt-out system has been shown to greatly increase savings rates, for example.

Four of the big six have been restructured under Chapter 11 bankruptcy protection, the industry has reduced its workforce by 39%, wages have been cut by 30% and there has been a $20 billion default on pensions.

Varoufakis' comments made clear that, given the choice between defaulting on the debt and defaulting on pension payments, the pensioners would be taken care of.

Unions, fearing that some companies might otherwise terminate or default on pension plans, supported the bill.

Three years of negative market forces have wiped away billions of dollars from the funds, triggering the defaults of some pension plans and leaving the rest an estimated $350 billion short of what they need to fulfill their promises.

Should its export markets dry up, not only would it face an economic slowdown, but also default of its massive unfunded pension liabilities.

The Moldovan press has reported that without this aid there is a danger of the government defaulting on its national debt, meaning stopped payment of pensions and public sector salaries.

There would be three types of pensions: Full, Advanced age pension (AP), and Survivor pension (SP).

The design of pensions therefore matters.

Without its own funding lifelines, the Greek government could also run out of money and default on paying pensions, salaries and other debt obligations within a couple of weeks.

Yet people with many options sometimes fail to make any choice at all: think of workers who prefer their employers to put them by "default" into pension plans at preset contribution rates.