Sentence examples for earnings scheme from inspiring English sources
What is now a final salary scheme could be linked to a career-average earnings scheme.
In 1975 the "old" Labour government introduced Serps (state earnings related scheme), a generous scheme to top up the basic state pension.
In October 2011 USS closed its final salary scheme to new members, opened a career average revalued earnings (CARE) section, and moved to 'cap and share' contribution rates.
It has also been victim of several embarrassing frauds, including a mortgage-backed securities scandal that led to a $95 million charge against 1984 earnings, a scheme by an employee in Paraguay to defraud the bank of $60 million and a scheme in Indonesia to skim money from the traveler's check operations.
Moving to a career average revalued earnings (CARE) scheme will require changes in processes and systems.
The NCAA knows it cannot cut costs by committing antitrust violations, such as its ill-fated "restricted earnings coach" scheme.
It's an anti-tax avoidance measure which will enable HMRC to recover tax from disguised remuneration schemes which involved paying earnings back via a loan.
"It boils down to an earnings-management scheme," Mr. Kelley said, and "a cooking of the books fueled by the greed of the defendants".
In the rich world places like New Zealand, whose flat-rate pension systems are based on providing the same (lowish) benefits to everyone who is eligible, would find an earnings-related scheme more expensive.
This is because some will not have paid enough in national insurance contributions, and others will have contracted out of the state earnings related schemes for some of their working life.
Less stringent rules for qualifying for the basic pension will help women, many of whom do not make enough contributions during their working lives to claim the full amount, usually because of taking time off to raise children.The new system will be funded in part by the early abolition of the state second pension, an earnings-related scheme.
