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Using more accurate, risk-free assumptions designed to fully guarantee benefit funding, the Keystone State faces a combined unfunded liability of $156 billion.
Because our trials involved the administration of a study vaccine (PsA-TT, MenAfriVac), we could not guarantee benefit from any protection against meningitis A after receipt of the investigational vaccine.
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Mr Bush sold this as a way to guarantee benefits.
Some 24 million active and retired state and local public employees nationwide have pension packages that guarantee benefits, and would find it unfair to have that guarantee yanked away from them.
The same applies to efforts to guarantee benefits like paid family leave or paid sick days.
While nearly all state constitutions explicitly guarantee benefits accrued from work already completed, the status of future benefits -- benefits promised to current employees in exchange for future work -- is less certain.
Lawmakers blocked Brown's broader effort to create a hybrid retirement system, with some of the state's contribution steered to 401k accounts, which are much less costly for employers because they don't guarantee benefits.
Number two, guaranteed benefit -- it's a voucher.
You're changing the program from a guaranteed benefit to a premium support.
Retirees are wondering how the city can cut what they believed was a guaranteed benefit.
Big banks with implicit government guarantees benefit in all states of the world.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com