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If executives hit sustainability targets at unacceptable cost, safeguards are needed to make payouts contingent on meeting core financials.
He pretended that their money was growing at a strong and steady rate, but he was actually using money from some investors to make payouts to others.
Had the court ruled that the men were entitled to compensation, the government would have had to make payouts in hundreds of similar cases.
But the investments had to be liquidated after the commission later concluded that they impinged on the company's ability to make payouts to schools and libraries.
Trade unions have attacked employers that, in the first instance, closed final salary schemes to new members and then later reduced the benefits to make payouts more affordable.
And pension funds, which need high yields to make payouts to retirees, have turned to hedge funds that invest in high-yield debt, like that of energy firms.
Similar(37)
The group has made payouts of over $30bn£17bnbn) already.
The city has cut retiree health benefits from $1,500 to $300 a month and stopped making payouts on accrued leave time.
A government-ordered compensation plan, still being worked out, will see it making payouts far into the future.
The company had been public for more than three decades before it announced plans in March to begin making payouts.
Qantas Airways, Australia's biggest airline, said first-half profit fell 9.6percentt as fuel costs rose to a record and it made payouts to dismissed workers.
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CEO of Professional Science Editing for Scientists @ prosciediting.com