Labour described the Plaid proposals as a "fantasy wish-list, centred on a 30% pension increase" which "ignored fiscal and political realities to such an extent that it made the speech almost meaningless".
Again there was mention at the recent budget of an increase in pension age and this has yet to be finalised but it is certain that pension ages will increase, although remember that there is a difference between the State Pension age and the age at which you are able to start to draw benefits for public sector or private pensions.
Bob fears the interest rate used to calculate his pension may increase by 2% over the next few years.
However, higher GDP growth means higher wages, and Social Security pension liabilities increase (with a lag) as wages increase.
Their pension age will increase in line with the state pension.
Union leaders have said there are still major divisions between them and the government over three key proposals - to raise the pension age, to increase workers' contributions and to link pension values to the generally lower consumer prices index (CPI) rather than the retail prices index (RPI).
It may be prudent for pension funds to increase their exposure to the healthcare sector.
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Both candidates recognise there is no easy solution to problems that began when the council in 1996 and 2002 voted to increase pension benefits but not pension contributions.
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It is pursuing legislation to open up the pension sector and increase foreign investment in insurance companies to boost an economy that is expanding at its weakest pace in a decade.
On the other hand, the fund of funds of funds vehicle is a clever way for pension consultants to exponentially increase their fees.
If the Free Democrats blocked a deal on the DM610 problem, Christian Democrats might use them as a scapegoat for the financial squeeze which makes the increase in pension contributions necessary.
Then, with the row over public sector pension cuts gaining in intensity, the bill to bring forward the increase of the state pension age to 66 and its equalisation between men and women debuts in the Commons.
"The proposed increase in pension contributions will still hit more than half of all NHS staff who are already struggling to cope with the pay freeze and rising inflation, " said Christina McAnea, from Unison, which represents more than 1.3 million public sector staff.
First, the compensation increase, effective Jan. 1, 2011, is 2.5% (2% increase in minimums and 0.5% increase in pension and health contributions), significantly less than the 3.5% that was agreed to in the last negotiating cycle, which began before the economy had spiraled into recession.
Actuaries reckon that pension-fund liabilities usually increase by about 3% for every extra year that pensioners live after 65.
Basically, if the assumed rate of return is lowered by 1 percent, the total pension liabilities are projected to increase by 25 percent.
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Both the IMF and the members of Strategy 2020, an expert group formed by the Russian government, call for a gradual increase of the pension age to 63.
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Policymakers should not be afraid to tell people they will need to work longer and that state pension ages may need to increase further as healthy life expectancy changes, she added.
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The talks are about the detail of pension reform - whether to increase contributions or decrease benefits, whether to move to average instead of final salary pensions, how to phase in a move to a later retirement age etc.
Paul all are projected to run out of retirement assets by 2020 unless they increase contributions to their pension plans.
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Mr Webb said the government would honour its "triple guarantee commitment" to increase the basic state pension by the greater of earnings, prices, or 2.5%.
He also hailed moves to take millions of low-paid workers out of income tax, freeze council tax bills and deliver the largest-ever increase in the state pension.
In the wake of a vote in January by the federal Congress to increase civil servants' pension contributions, many states are following suit for their own workers.
Mooted new accounting rules may increase the size of pension liabilities on firms' balance sheets, and other proposals could exacerbate the effect of swings in the value of stocks and bonds.
But, interestingly, the staff think the financial markets would be pretty unbothered, particularly if the loosening came with steps to cut government spending in the longer term - another increase in the state pension age, for example.
"In order to fund this we will hold a review with the aim of bringing forward the increase in the state pension age to 66 but no earlier than 2016 for men and 2020 for women, " she said.
But if the power of the grey vote secures a big one-off real increase in the basic pension before an election, pensioners are unlikely to stop there, and allow the subsequent erosion of its value through the resumption of the link with prices.
Every year the cost of national pension payments for these persons will increase by JPY 2.4 trillion, equivalent the revenues from a one percent sales tax. (The actual national sales tax rate is five percent, so we are talking about the equivalent 20% of current revenues.) Consider that today, 50 percent to pension payments are financed by issuing government debt.
As mentioned earlier, when interest rates increase, lump-sum pension values go down.
He said no long term reform of the system could get off the ground, without an increase in the basic state pension.
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