Sentence examples for pensions based from inspiring English sources

American states and cities typically offer their employees defined-benefit pensions based on years of service and final salary.

Next came the more thorny shift from paying out pensions based on final salaries at age 60 or 65 to cheaper ones based on a "career average" salary.

The firefighters and police officers would be able to retire several years from now and still have pensions based on their 2001 salaries.

Lord Hutton has recommended that public sector employees retire later with pensions based on average pay over their career, rather than their final salary.

Then there is the adjustment of the pension scheme from 2012, whereby the old gain pensions based on average earnings, not the inflation rate.

But generic approaches to pensions based on chronological age can simply reinforce the cumulative impact of inequities experienced across a lifetime.

Patrick Collinson Nest has a calculator which will estimate final pension based on your current age and income.

He may propose an end to final salary schemes in favour of a pension based on career average salary.

Instead, members would receive a pension based on their average career earnings – but only up to a threshold of £50,000.

Back then, the workforce was full-time, saw their pay go up each year and could look forward to a pension based on their final salary.

By providing a defined-benefit (DB) pension based on end-of-career earnings and years of service, employers pay for investment shortfalls and rising longevity.