Sentence examples for schemes contribution from inspiring English sources

The government is seeking major changes to the schemes: contribution increases averaging 3.2 percentage points by 2014-15; pegging the pension age for public sector employees to the state pension age and switching people in final salary schemes to career average schemes.

Table 1 Comparisons between Harn-Hsu's work and our schemes Schemes Contribution 1 Contribution 2 Number of secrets Size of share Harn-Hsu's scheme Yes No k More than t2 Scheme 1 No Yes t t Revised scheme Yes Yes t 2t Contribution 1 pairwise keys, Contribution 2 asynchronous secret reconstruction, Size of share the number of coefficients in share.

Companies converting existing DB plans into DC ones will also have to get their employees to agree, which will not come cheap.Most important of all, only employers can pay into the company plans that will form most of the new schemes; contributions by employees are not permitted.

Once all employers have implemented the scheme contributions will increase in stages with firms eventually putting forward at least 3% of their employees' salary, and the employee adding at least 4%.

Scheme contributions are collected on a monthly basis by village collectors.

Denmark and Finland have nationwide databases with individual records on all paid pension scheme contributions, and we used these pension scheme data for this study.

As noted earlier, the government scheme contributions are income-based, with the monthly contributions varying according to the employee's salary, choice of benefit option and number of dependents.

One potential source of increasing tax revenue is the proposed removal of tax deductibility of medical scheme contributions, the value of which was estimated to be almost US$22 billion in 2007 [ 40].

With no change in the intake to training schemes, the contribution made by trainees will increase to 5.5% by 2014 as the impact of recent training increases peak and remain stable thereafter.

The best way to think of a collective scheme is to see it as being halfway between a defined benefit scheme and a defined contribution scheme.

About half of its 7,000-strong 7,000-strong being forced to shift from a final salary pension scheme to a defined contribution scheme, a move that unions say could cut retirement benefits by 30% or even more in some cases.