Word: hooke
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...between irresponsible Continental generosity and practical Anglo-American stinginess. They have also, to lapse into pension jargon, split the difference between DB and DC plans. In a defined-benefit (DB) plan, workers are promised a retirement income, and the sponsor--usually a corporation or government--is on the hook to provide it. In a defined-contribution (DC) plan, the worker and sometimes the employer set aside money and hope it will be enough...
...corporate divisions, the Dutch funds were less prone to underfunding than their U.S. counterparts. When they nonetheless ran into financial trouble in 2002 after the stock market crashed and interest rates sank, the country came up with a unique response. The Dutch funds are now no longer on the hook for providing a set income in retirement no matter what happens to financial markets--that is, they've gone DC--but they didn't shunt everything to individual workers. Risks are shared by all the members of a pension fund, and the money is managed by professionals...
...been answering his phone lately, because ours has been ringing off the hook for three weeks straight with calls running 99-1 against this bill," said DeMint spokesman Wesley Denton. DeMint himself stood firm. "I appreciate the effort to fund border security, but there's simply no reason why we should be forced to tie amnesty to it," he said in a statement, referring to the $4.4 billion allotment. "If the Administration was serious about fulfilling the border security promises, then this funding should have been supported all along, not offered at the last minute to attract votes...
...position of actually participating in the decisions being made,ā€¯ says Fox, who is still of the opinion that the Fainsod system, with its emphasis on student-faculty committees, afforded students the most direct opportunity for substantial input, while also putting them on the hook for failure...
...understand the blind faith you put in this ex--Vice President and ex-presidential candidate. You fell for his global-warming theory hook, line and sinker. What about the noted scientists who say the global-warming theory is nothing but a load of methane-producing raw sewage...