Sentence examples for pension is based on from inspiring English sources

A pension is based on an officer's salary in his or her last year on the force.

And their pension is based on the highest three-year average salary rather than Social Security, which looks at a much lengthier earning history, he said.

With the gradual introduction of Mr Balladur's reforms, a private-sector worker's pension is based on a minimum of 40 years' work for full benefits and on an average gross wage of his 25 best-paid years.

That can be much worse for your future retirement income because your defined-benefit pension is based on tenure.Unfortunately, 401(K) balances already took a hit from the market; making retirement harder for older workers.

A firefighter's pension is based on the last year of pay, and for those with 20 years under their belts and a large amount of overtime from working at ground zero, retirement, even if it seemed earlier than expected, was too good to pass up.

New state workers would not go into the traditional, defined- benefit plan, under which a pension is based on an employee's length of service and salary level.

The new report, compiled by Ipsos MORI and the Cambridge Centre for Housing and Planning Research on behalf of the Department of Work and Pensions, is based on research, surveys and interviews into the impact of the policy carried out in 2013 and 2014.

Currently the COLA for Social Security, as well as Veterans Affairs benefits, Supplemental Security Income, and federal employee pensions, is based on increases in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).

It also barred pension "spiking" — the practice of lumping unused sick leave and vacation time, hours spent on call and other forms of compensation into the pay on which a pension is based — for all employees.

The politically mixed Local Government Association LGAA) supported pensions being based on former staff's career-average earnings.

He expressed concern about retired rank-and-file officers whose pensions were based on salaries far lower than his.