The more people take up stakeholder pensions, the more expensive they will be, since each additional pension will be subsidised.
Supposedly, the additional pension a person receives each month can be used to buy life insurance to protect the surviving spouse.
It's no accident that a lot of defined benefit pension plans are structured so that the additional pension payoff to workers who stay into their dotage is small.
You can get an additional state pension related to how much you've earned.
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While Americans are living longer, the extended life spans will make it tougher for workers trying to stretch retirement savings and put additional strains on pension plans.
Similarly, the NHLPA could say that it is only willing to accept a lower share of HRI if additional retirement and pension benefits are negotiated for players.
Don't try and enter normal pension contributions or associated Additional Voluntary Contributions (AVCs) made to your employer's pension fund, because you will already have received tax relief through Pay as you earn (PAYE).
Public pension funds seeking additional taxpayer monies will be especially scrutinized.
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Getting back to our story, why would some members of a pension board oppose requesting additional information regarding their consultant?
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When you leave the company or retire, you transfer 401(k) assets to the pension plan, and the pension plan converts the rollover amount to an annuity that is actuarially equal to the amount you transferred, guaranteeing you additional lifetime payments in excess of your basic pension checks.
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Cost savings in the proposed budget will come from reduction in health care and pension costs, two measures that will require additional concessions from unionized workers.
The reason: A 2010 Illinois law requires municipalities to raise the funding levels in their pension systems using property tax revenues but no additional contributions from government employees.
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However, pension providers will be able to charge an additional up-front fee if clients want personalised advice but the government insisted that the 1% charge should be enough to cover basic advice.
After all, if there are any additional placement agent abuses involving the assets of KRS, the pension may have been harmed and should want to know.
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It is a red flag, in my opinion, when a manager seemingly fails to attract additional clients over decades and remains dependent upon a single public pension.
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It also makes Social Security somewhat unique in that very few other pension benefit programs have built-in inflation protection at no additional cost.
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For example, giving all basic-rate taxpayers higher-rate relief on pension saving would do much to encourage such saving, without giving any additional benefits to the better-off.
But since then the stockmarket has fallen sharply and California has tipped into budget crisis, exacerbated by the additional contributions that taxpayers are obliged to make to top up the public-sector pension funds.
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Companies looking to follow the GM model will have to fund the plan as well as contribute an additional 15% of their assets as premium to the insurance company chosen to cover the pension.
He can then get additional breathing space by means of various gimmicks, such as redeeming debt issued to civil-service pension plans.
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In mature economies, infrastructure assets, like airports and toll roads, can provide an important additional source of financing for countries, states and municipalities and at the same time important investment opportunities for pension funds and other sources of capital.
If not, why is the pension comparing performance of its hedge funds against a hedge fund-of-fund benchmark which involves additional layers of fees and is easier to beat?
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And new fund-raising improved only marginally as pension funds, foundations, endowments and other limited partners (LPs) found it difficult to commit additional capital to PE fund general partners (GPs) following years without a pickup in investments and exits.
Although decreasing pension values are a major concern for those considering the lump-sum option at retirement, there are additional factors to evaluate before you rush to retire.
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