After all, the retirees were being rewarded for their service to the country, not to mailers.
In the latest survey, almost half the retirees surveyed (47%) said they entered retirement sooner than they had expected.
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So that means every, you know, it means the retirees are left out.
And so if the company goes bankrupt, then there could be a disaster where the retirees get much less than expected.
The retirees acknowledge the postal service must make changes to stay afloat.
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The companies' unionized workforces have long received extensive medical coverage, and as the retirees age, those bills seem sure to go way up.
And think about the retirees who rely on these benefits today.
The lawyer representing the retirees had, at the suggestion of one or more attendees at my speech, spoken with me before the suit was filed.
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"We say as we bring down the consumer price index, inflation is going to come down and so that is going to benefit the retirees, " says Sen.
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Some experts say that if judges decide in favor of the retirees, public pension funds will have to find another potentially painful way to bridge the funding gap.
The Multiemployer Plans are structured to place the financial burdens of all of the retirees under the plans upon the remaining companies in the plans that have active union employees.
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And I was just curious, with all the -- what's going on in the news and with the contracts and everything, where is this all eventually going to leave the retirees' pensions and our health care?
With an unfounded accrued liability in the billions, the system members, the retirees and survivors and the taxpayers of Louisiana may be keenly interested in learning if any underperformance of the funds can be attributed to conflicts and collusion.
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"We don't want guests to feel like they have to compete with themselves, " says Sasha Itzikman, senior vice president of marketing. (They certainly won't in the fitness classes, which strike me as geared toward the retirees at the affiliated residential community.) No one expects gung ho participation.
Of the retirees and pre-retirees who guessed the age to which an average person of his or her age and sex could expect to live, about 4 in 10 underestimated the age by five or more years and another 2 in 10 underestimated it by 2 to 4 years.
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The retirees point to a 2004 opinion written by then-Attorney General Ken Salazar, now secretary of the Interior in the Obama administration, that a retired public-sector worker's pension "becomes a vested contractual obligation of the pension program that is not subject to unilateral change of any type" by the legislature.
In the 21st century global economy, the fact that Latinos will form a larger growing portion of the American workforce makes this challenge even more central to the nation: as more Americans retire, this will be the population that retirees and the rest of America depends upon.
At the same time the ratio of active workers paying into the system to retirees drawing from the system has reached 1.86 to 1.
Over the next 15 to 20 years, however, as the number of retirees grows and the cost of drugs rises, his plan would become increasingly expensive.
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Unlike the other retirees I've met in Florida, they're not worried about crime.
Replacing Katrina and the other retirees in 2011 will be Don, Katia, Rina, Sean and Whitney, according to an NOAA news release.
Let me say that again: it is how much existing workers were overtaxed relative to the need to pay retirees in the past.
The current cohort of retirees is the first for whom driving was commonplace, so new generations of vehicle-owners will replace rather than add to existing ones.
About two-thirds (64 percent) of workers are not confident that Medicare will continue to provide benefits of at least equal value to the benefits retirees receive today.
About two-thirds (64 percent) of workers are not confident that Social Security will continue to provide benefits of at least equal value to the benefits retirees receive today.
We might have expected that the first wave of retirees from the nation's nearly 77 million baby boomers would pause to reflect on the world their parents inhabited.
There is another trust fund issue and it is the one related to the expected increase in the ratio of retirees to workers over the next couple of decades.
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