Top 251 Pension Quotes & Sayings - Page 4

Did I recognize that there was anger or frustration in the American population? Of course I did. First of all, we had to fight back from the worst recession since the Great Depression, and I can guarantee you if your housing values have crashed and you've lost most of your pension and you've lost your job, you're going to be pretty angry.

My parents were both born in 1930. They grew up during the Depression. They wanted their children to have secure lives, to have a good salary and a pension plan. If I could've guaranteed that I'd be a best-selling writer, that would've been one thing, but nobody could say that. So I knew better than to say that was ambition.

You don’t have to sleep with prostitutes or take drugs in order to have a relationship with organized crime. They affect our bank accounts. They affect our communications, our pension funds. They even affect the food that we eat and our governments.

I realized sometime in the early '80s that if I didn't do something - like planning for the future in a way, a kind of pension or something - that if I didn't do something there and then, I was going to be condemned to forever present my three years as a pop star, condensed, as a stage act for the rest of my life. Because that's normally what happens to people in the pop business.

The story of Detroit's bankruptcy was simple enough: Allow capitalism to grow the city, campaign against income inequality, tax the job creators until they flee, increase government spending in order to boost employment, promise generous pension plans to keep people voting for failure. Rinse, wash and repeat.

An irresistable footnote: in 1971, pension fund managers invested a record 122% of net funds available in equities - at full prices they couldn't buy enough of them. In 1974, after the bottom had fallen out, they committed a then record low of 21% to stocks.

But I will say, I think there are some Democrats that don't want to address pension reform. I have taken on the issue of seniority and tenure. I think we have to address entitlements and the president has done that in his budget. I think we have to extend Medicare and the president has done that. But also reinvest in that program.

I first had money for investment just at the time of the 2008 crisis and shares have been highly volatile since then. So I do have shares in my pension but I have tended to invest in specific projects that include property and private companies that have been very well researched by my advisers.

Airlines need staff to fly and maintain their aircraft. They need to pay applicable taxes and gate fees. They need to buy new planes, repair worn-out parts, manage their company pension plan, and everything else a service industry has to do. But by far, the largest chunk of their non-payroll operating budget goes to fuel. That's what costs the most for any given flight.

Imagine if the pension funds and endowments that own much of the equity in our financial services companies demanded that those companies revisit the way mortgages were marketed to those without adequate skills to understand the products they were being sold. Management would have to change the way things were done.

If one man tells you to murder, you get a jail cell - if another man tells you to murder, you get medals and a pension.

You had one guy who was a slave, and another who wasn't. And I actually know what happened to them. [Juan ] Garrido ended up getting good jobs and a pension in Mexico which was the center of New Spain, as it was called. Esteban ended up being killed by the Zuni Indians.

Whether lawyer, politician or executive, the American who knows what's good for his career seeks an institutional rather than an individual identity. He becomes the man from NBC or IBM. The institutional imprint furnishes him with pension, meaning, proofs of existence. A man without a company name is a man without a country.

Withdraw from the Canada Pension Plan... Collect our own revenue from personal income tax... Resume provincial responsibility for health-care policy. If Ottawa objects to provincial policy, fight in the courts... [E]ach province should raise its own revenue for health... It is imperative to take the initiative, to build firewalls around Alberta.

If Obama raises my company's taxes by 20 percent, how am I going to be able to survive as a company? Well, if I've got 30 employees, that means I'm going to have to lay off 10 employees so I can be able to keep up with the health and benefits and pension plans for my other 20 employees.

I mean, if President Reagan could be an actor and become a President, if Michael Douglas is your next choice, maybe I could become an actor. And I've got a good pension; I can work cheap, which is unusual around here.

Social Security is a widely popular program because the individual has been deceived by the Statist to believe that the government has been prudently and diligently managing his accumulated pension investment in his Social Security account, which he presumes to be funded by his own payroll taxes.

It was 1981. I was working on a novel. And I put that novel aside one day after I read a newspaper article. The story said there were 19 women still on the pension payroll who were Confederate war widows. They were women who very early in their lives had married very old men.

I felt great calmness and perfect peace. I had the feelings of a poor man who has just come under the protection of the Royal Family, and has obtained an annual pension for life-the dreadful fear of poverty and want having left his house for ever; I felt the safety and shelter which the little chickens feel under the wings of the hen. This is what it is to abide under the shadow of the Almighty, and to hide under His wings until all dangers are past.

The people who did the collateralized mortgage obligations, sold them to pension funds, then sold them short, then bought credit default swap insurance on them, are just amazing. They are a law unto themselves.

If you were at Lehman, the same thing happened. If you were at AIG, the shareholders are getting creamed on these things. And those shareholders are not just a bunch of big shots in Wall Street. Those are pension funds, and those are investors all over the country. I wouldn't worry too much about that. Justice won't be perfect on it.

No capitalists after any war were ever so well paid for money loaned to the nation that carried it on. No class of money-makers ever gained such prosperity by any other war, as our War for the Union brought to the money-getters of America. All this was due in great measure to the rank and file of the Union army. Now let no rich man haggle with a needy veteran of that war about his right to a pension!

They said it was impossible to touch the third rail of politics, to take on public-sector unions and to reform a pension and health benefits system that was headed to bankruptcy. But with bipartisan leadership, we saved taxpayers $132 billion dollars over 30 years and saved retirees their pensions. We did it.

Careful economic research has shown public-sector workers receive a level of compensation, pension benefits, and retiree health coverage in excess of what comparable workers in the private sector enjoy. In some instances, the total premium can be 30 percent or higher.

It's no go the picture palace, it's no go the stadium, It's no go the country cot with a pot of pink geraniums. It's no go the Government grants, it's no go the elections, Sit on your arse for fifty years and hang your hat on a pension.

I took a hasty trip to Germany, Sweden, Denmark, the Netherlands, and England to talk to the officials of each Government about their pension provisions, and to talk to the responsible ministers in each country about the political "whys" of their legislation.

You also want to look at how the tax system encourages and rewards pension saving. I have set as an ambition reversing the effects of Gordon Brown's tax raid which heralded the beginning of the age of responsibility. We are looking at some very specific tax measures on how we can encourage saving.

The whole concept of dividing it up into 'value' and 'growth' strikes me as twaddle. It's convenient for a bunch of pension fund consultants to get fees prattling about and a way for one advisor to distinguish himself from another. But, to me, all intelligent investing is value investing.

But, at the end of the day, we need to represent the taxpayers who have made enormous sacrifices. Many have lost their jobs. Many of them have seen their companies - they don't have a pension - they have seen their companies cut the match for their 401(k). They have seen their health care benefits be shredded.

white criminals commit the biggest crimes.a brother might rob a bank. a white man will rob a pension fund. the brother is going to get ten to fifteen years because he had a gun. the white guy is going to get a congressional hearing because he had a job and a nice suit.

During his time at BHS, Sir Philip Green treated the company as his own personal plaything. Instead of investing in its branches and developing its brand, he ran down the pension scheme and used the company to line his own pockets.

When I first met my husband, he had a very good job - company car, pension plan, grudging respect from his staff - the lot. I, on the other hand, was badly paid and devoid of ambition. Then I had a couple of books published and confounded all expectations by starting to earn more than he did.

A decade ago, I really did believe that the average investor could do it himself. I was wrong. I've come to the sad conclusion that only a tiny minority, at most one percent, are capable of pulling it off. Heck, if Helen Young Hayes, Robert Sanborn, Julian Robertson, and the nation's largest pension funds can't get it right, what chance does John Q. Investor have?

I've been able to bring billions of dollars back to our state that has so desperately needed it - billions of dollars in relief to homeowners and our communities and our pension systems that desperately need it.

It really depends upon how much money you have in your account. Having a monthly paycheck come in for the rest of your life is extremely important. So it would probably be smart to put some of your money into an annuity, which is a way of buying a monthly pension check.

Your average person in Illinois doesn't really even know what workers' comp is. The average person doesn't know really what's going on in the pension system. They know their taxes are too high; they know we've got a deficit. But getting that message out and helping the people of Illinois really understand what's going on, that's hard.

My father died when I was two years old. But my mother was quite capable. She raised three children with his war pension which was peanuts. Yet we did not want for anything. We grew up with a certain parsimony, which is a nice thing. Then if life gives you more good, otherwise you get used to. I'm still thrifty.

Audiences seem to have a limitless appetite for vampires and for fantasy in general. Unlike many other British actors, I haven't been building up my pension appearing in films like 'The Lord of the Rings' and 'Harry Potter,' but fantasy has now got a grip on me. I am also appearing in 'Game of Thrones' as the head of the House of Lannister.

We need to reorganize our entire system of retirement plan investing and to develop federal standards of fiduciary duty for pension trustees and fund managers. These require "top down" intervention. But we also need investors to look after their own economic interests, a bottom up approach to our problems that is well within our individual power to undertake.

The only way people can repay the debt is by cutting their living standards very drastically. It means agreeing to shift their pension plans from defined benefit plans - when you know what you're going to get - into just "defined contribution plans," where you put money in, like into a roach motel, and you don't know what's coming out.

In Western Europe, most countries have variations of the lifetime pension system for most workers so they are keeping the system that we are walking away from. By comparison, 50% of the American workforce is not offered any retirement plan by their employers. And of those who are offered a plan, roughly 25% do not choose to join. In other words, everything is voluntary, and that's one of the reasons our results are so perilous for most people.

In Sharia, nobody will be able to sell pork publicly. Nobody will be drinking alcohol. Pornography will be banned. Gambling will be banned. In terms of the economy, the wealth which is not tangible, either good or deficit, things like insurance, pension, stocks, shares, etc., they will be prohibited because you're supposed to deal with things, which are goods, which you can see, which you can trade with.

The issue of the pension gap has got to become visible and important to millions of people before Washington will respond seriously. Right now, everyone thinks it's his or her own problem and that individuals have to do better and save more. Of course, that is true. We all have to save more and take responsibility for our own retirement. But we have a huge social and economic problem on our hands.

You know me and I have a pension. It provides some comfort but only some. It's still not enough to live off completely but it sure will help. But I'll say this. I try to forget about it and save like a maniac because I want the assurance of having other pots of money.

You know, and younger people today, you know, they may not have Social Security. They may not have a pension. They may have 17 different jobs. And so they have to be - they have to, you know, establish somewhat of an ownership, you know, mentality.

To the extent that people overpay as a result of the Libor manipulation, they should be able to get their money back. Individuals who have mortgages, pension funds who had pensioner investments - whoever was ripped off is entitled to get their money back.

State constitutions typically provide that the state first has to service its debt, then make it pension payments, and then pay for services. What we don't know is whether that order will be enforced. And ultimately, the busted state is going to be looking to the federal government for a bailout. Think Greece, but on a much bigger scale.

Contrary to a tenacious myth, France is not owned by California pension funds or the Bank of China, any more than the United States belongs to Japanese and German investors. The fear of getting into such a predicament is so strong today that fantasy often outstrips reality. The reality is that inequality with respect to capital is a far greater domestic issue than it is an international one.

If you can't trust your boss - or your pension company - to take care of your investment, who can you trust? The vast majority of company chiefs take their responsibilities seriously and protect their workers' final salary pensions. But for too long, the reckless few playing fast and loose with people's futures have got away scot-free.

The former pension minister, the Liberal Democrat Steve Webb said I was trying to abolish the lump sum. Instead, we are going to keep the lump sum and abolish the Liberal Democrats.

I was really shocked after all of this talk about coal miners and all of this talk about Buy America, the Republicans and the House of Representatives gutted health care and pension protections for coal miners and removed the Buy America provision that had been put in the bill in a bipartisan basis.

Many financial and industrial companies have been bailed out with the public's money, but very few of those who had run those companies have been punished for their failures. Yes, the top managers of those companies have lost their jobs - but with a fat pension and mostly with a handsome severance payment.

With more than half of the American workforce without private pension coverage, Social Security provides economic certainty within a system that is fair, equitable, and easy to understand. You work hard, pay into the system, and the federal government makes a promise to pay back your earned benefits when you retire. It's that simple.

I've done a contract with my district. I have term-limited myself. I am not taking the pension. I am not taking pay raises, and my family and I are bringing our own health care to Washington, D.C. And my dad taught me as a kid to lead by example - Congress should not have anything better than the American people.

I'm getting on a bit, don't know what I'm going to do, no pension pot and the prospect of growing old in the city, well... So I met these people a few years ago doing community type of living, land sharing, living in a community way. You can live on next to nothing. It's about living the social life but keeping the party going and have a bit of fun.

The implication that women work for pin money and can manage on a worse pension, presumably by relying on husbands, riles. But even more galling for women is that few government ministers seem to even appreciate the value of the work they do.

I wasn't thinking about my pension plan until about two years ago. When I was in my twenties, the idea that you'd be thinking of taking a job based on its health-care policy was completely foreign. But these days young people are thinking about these things.

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.

Social Security got passed because John D. Rockefeller was sick of having to take money out of his profits to pay for his workers' pension funds. Why do that, when you can just let the government take money from the workers?

What was to be a relatively innocuous federal government, operating from a defined enumeration of specific grants of power, has become an ever-present and unaccountable force. It is the nation’s largest creditor, debtor, lender, employer, consumer, contractor, grantor, property owner, tenant, insurer, health-care provider, and pension guarantor. Moreover, with aggrandized police powers, what it does not control directly it bans or mandates by regulation.