On another afternoon, they stood guard in the sun while federal workers distributed pension checks to the elderly in a town square, looking bored.
She cited the rules against distributing pensions to workers under the normal retirement age and rules that require companies to distribute pensions equitably.
Besides, tax laws generally prohibit companies from distributing pensions to working employees.
South Africa has been using biometric identification and electronic transfers and ATMs to distribute pensions and social grants for over 20 years.
The relationship allows Goldis representatives to speak at the union's annual meeting and distribute pension planning software in city firehouses.
Mr. Ortega, elected in 2006 with a former contra as his running mate, has distributed roofing materials, pensions and property titles to families of contras who turned in weapons as part of a 1987 peace accord.
Under the current system, the annual pension, distributed in monthly payments, equals half the average salary earned during the last three years of service.
Instead of being paid out in a check, severance is being distributed from the pension fund and is subject to 10% lump-sum tax, plus income tax.
In cases of death, the pensions are distributed to the widow (or invalid widower) and minor children, and, if the maximum total has not then been attained, other dependents may receive small pensions.
Longitudinal data are also needed, for example, to identify the mechanisms by which old age pensions can improve the health and general welfare of grandchildren if part of the pension is distributed to those grandchildren.
