Sentence examples for level of pension from inspiring English sources
It discourages people from saving for retirement as the level of pension credit a pensioner receives takes into account what other income individuals have, including savings income.
These offered a specific level of pension and were originally non-contributory.
As a result, from 1 June Johnston Press is to increase its annual level of pension contributions by more than 150% from £2.2m to £5.7m.
States invest this money and guarantee a level of pension calculated from the teacher's retirement age, years of service and final salary.
The low level of pension provision contrasts with that of employees – more than half of whom are making pension contributions, either directly or via their employer.
Therefore, a woman needed a larger pension pot than an equivalent man in order to fund the same level of pension.
Moreover, the level of pensions would no longer be indexed but would depend on the yield of investments.
In future, either taxes will have to go up to provide the same real level of pensions, or else pensions will have to be cut.
The disadvantages of either of these approaches are that there would need to be an immediate increase in contributions to provide the planned level of pensions.
By 2017 we will have to spend £20bn more on support for the elderly to retain the current level of pensions, healthcare and residential homes.
He has governed the islands since 1978.Alpine alienationIn Switzerland's election, the right-wing People's Party won the highest share of the vote, making it the biggest party in a four-way coalition.See article: The right winsGermany's government proposed freezing the level of pensions in 2004.
