Sentence examples for pensions in the event of from inspiring English sources

That federal agency was created for the purpose of guaranteeing pensions in the event of a catastrophe in the private sector -- the ultimate safety net.

The government also decreed that only bachelors could become military pilots, to avoid the payment of expensive widow's pensions in the event of casualties.

The PPF is a government-sponsored lifeboat which takes over pension schemes in the event of a company going bust.

BLOOMBERG NEWS Rhode Island Law Puts Investors Before Pensions | The bankruptcy of a small Rhode Island town has drawn attention to a recent change in state law that puts bondholders ahead of pension payments in the event of a default.

In continental Europe and jurisdictions such as Panama, foundations and anstalts serve a similar purpose.These arrangements can be wholly legitimate: ring-fencing a company's pension assets in the event of a takeover, for example.

Last month, the Scottish government said it was looking at pension plans in the event of independence after a discussion paper on the matter was leaked to the BBC.

The report said UK and Scottish ministers have a duty to "prepare a way forward" on pension arrangements in the event of independence.

216684 Donald Carty AMR The World's Freest Labor Markets American's three major unions were fuming late last week when they learned that, after they narrowly agreed to deep pay cuts, the company's top executives were granted guaranteed bonuses and pension protection in the event of a bankruptcy.

· Security People aren't going to save if it's still possible for company pensions to disappear in the event of insolvency - the government should bind companies to honouring pension schemes, or underwrite them itself.

Robert Gless, a union leader, said the board's compensation committee failed to say in AMR's last proxy statement how much money the company had put into a trust fund last October set up to protect the pensions of executives in the event of a bankruptcy filing.

Those were cash bonuses of up to twice annual base salary for seven executives for staying until 2005, and a $41 million pretax payment into a trust fund set up to protect the pensions of 45 executives in the event of bankruptcy.