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And you can get your deceased spouse's higher retirement payout instead of your own.
Pension plans were also boosted he said, citing the example of a retirement payout on a 20-year individual pension taken out by a man saving £200 a month.
The fact is, anyone affected by the new bands would, by virtue of how they secured their bumper retirement payout, have benefited from the biggest ever intergenerational transfer in history.
But after generations of trying and failing to control growth, the state whose very name stands for sprawl has been experimenting with a plan that has promised to save farmland, meet the demand for new housing and still provide that retirement payout for landowners like Mr. Durry.
[C2.] Cheney's Retirement Payout Set Dick Cheney, the Republican vice presidential candidate, is expected to receive an early retirement package worth an estimated $20 million when he officially steps down next Wednesday as chairman and chief executive of Halliburton, according to people who have reviewed the deal.
Gemunder had faced criticism for his compensation, worth $14.08 million, in 2009, but that amount looks like peanuts since he landed a $130 million retirement payout.
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In many cases the compensation packages were bolstered by deferred compensation plans and large retirement payouts.
Retirees have few complaints about the pension managed by Berkshire Hathaway especially since the maximum retirement payouts have been raised.
Without a change, the Defense Department's retirement payouts are expected to more than double over that same time period.
In October 2001, milwaukeeworld.com, a local news site, described how elected officials were qualifying for million-dollar retirement payouts.
An exact breakdown was not available for most employees, but transit officials said that overtime and retirement payouts appeared to account for most of the high salaries.
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