Sentence examples for pension calculation from inspiring English sources

He also capped the maximum salary that would apply in pension calculation at $106,800.

At the end of the calendar year, Lucent will have to make a separate pension calculation, using a different methodology.

But God forbid the legislature should make any unfavorable prospective change in public employees' pension calculation formulas: those are vested rights.

The legislation would end early retirement packages, restrict the pensions of the highest paid state employees and ban the use of unused sick leave or unused vacation time to enhance an employee's pension calculation.

Under the state retirement incentive, employees with more than 5 years of service and older than 55, or 10 years of service and older than 50, receive one-month credit of time served for every year of service, up to three years, for purposes of pension calculation.

If enacted in its current form, the bill would allow companies to use a more favorable pension calculation that would save them from having to make tens of billions of dollars in pension contributions over the next three years, according to actuarial studies.

(Pension calculations are based on officers' earnings for their last year on the job).

Only $15,000 in overtime in the last year would apply to the pension calculations.

Companies have lobbied hard in recent months to change a key interest rate used in pension calculations.

Actuaries keep track of these differences in a running balance, and incorporate them into pension calculations slowly.

Pension calculations involve numerous lags, and therefore many pension funds are only beginning to show the full effects of the three-year bear market.