A Quote by Iain Duncan Smith
If Britain is to have a stable, affordable pension system, people need to work longer, but we will reward their hard work with a decent state pension that will enable them to enjoy quality of life in their retirement.
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I want to be able to look my daughter's teacher in the eye and say, 'Your pension will be there.' I need to know that her pension will match up with a promise we can keep.
We have management questions. On increasing the basic state pension in line with earnings, because we have made a clear promise and said that the increase in the pension age has to be brought forward, that is an affordable and deliverable commitment from the Conservative Party.
One state retiree, 49 years old, paid, over the course of his entire career, a total of $124,000 towards his retirement pension and health benefits. What will we pay him? $3.3 million in pension payments over his life and nearly $500,000 for health care benefits - a total of $3.8m on a $120,000 investment.
At some point in your life you have to engage with the fact that you are part of a society. Yeah the individual is the most important facet in society but unless every individual is the recipient of free health care, free education decent affordable housing and a proper pension then only the rich and powerful will be individuals and the rest of us will be exploited by them.
During my four years as treasurer, we restructured our pension system, cutting the state's unfunded liability almost by half and putting our retirement system on stronger footing.
Music has given me a decent pension. I am in that rare position for a clergyman of having some provision for my retirement. Thank you, young people of Europe.
It is my hope that I will be able to work with legislative leaders on both sides of the aisle and Gov. Hickenlooper to find a solution to fix our ailing pension system.
But while the state pension is a critical foundation for people's financial security as they age, it must be supplemented with other forms of retirement income.
The system is not intended as a substitute for private savings, pension plans, and insurance protection. It is, rather, intended as the foundation upon which these other forms of protection can be soundly built. Thus, the individual's own work, his planning and his thrift will bring him a higher standard of living upon his retirement, or his family a higher standard of living in the event of his death, than would otherwise be the case. Hence the system both encourages thrift and self-reliance, and helps to prevent destitution in our national life.
To stabilize the nations public-employee pension systems and to prevent federal taxpayers from being billed for failed pension funds, I have introduced the Public Employee Pension Transparency Act in Congress.
To stabilize the nation's public-employee pension systems and to prevent federal taxpayers from being billed for failed pension funds, I have introduced the Public Employee Pension Transparency Act in Congress.
You need somebody to support the retirees. You need to pay into the pension plans. You need people to work at the hospitals, at the nursing homes.
When I was young, many people worked for a company with a pension plan that covered them for as long as they lived. If they didn't have a pension plan, they could count on Social Security and Medicare.
You see, if you take pains and learn in order to get a reward, the work will seem hard; but when you work... if you love your work, you will find your reward in that.
Pension reforms, like investment advice and automatic enrollment, will strengthen the ability of Americans to save and invest for retirement.
Everybody aspires to an affordable home, a secure job, better living standards, reliable healthcare and a decent pension. My generation took those things for granted, and so should future generations.
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