Word: pension
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...University also attributed the compensation rise to increased benefits expenses, up 11 percent as the result of higher pension, health care and post-retirement welfare costs...
...Suha wants the new chief of the P.L.O., Mahmoud Abbas, and Palestinian Prime Minister Ahmed Qurei to give her money out of the P.L.O.'s party coffers. But the organization is not as flush as it once was. A senior P.L.O. official says "they'll pay her a pension, and that...
...National Committee to Preserve Social Security and Medicare. "They hurt the economy. They put workers' retirement at risk." Millions of taxpayers in Britain opted into a comparable system in recent years and, amid a poor investment climate, fared worse than those who stuck with the old state-run pension system. The government ended up cutting incentives to shift into private accounts, and unscrupulous financial advisers put many workers in unsuitable investments, leading to new calls for reform and a raft of lawsuits...
...fact, is experiencing such a birth dearth that its population could crash from 82 million to 24 million by the end of the century. If the trend continues, former Dutch Prime Minister Wim Kok suggested in a report to the European Council earlier this month, within a generation spiraling pension and health costs will bust European state budgets - and cripple the Continent's economic growth rate. Like Sweden and its Scandinavian neighbors, Britain, Ireland, France and the Netherlands are faring relatively well, with fertility rates above 1.7. Yet nowhere in the European Union does fertility approach 2.1, the level needed...
...problem has been looming for decades, and governments have responded with schemes to reform pension programs, raise retirement ages, increase labor participation rates and encourage the immigration of skilled workers. But politicians have been more bashful when it comes to urging people to have more babies. Low birth rates "will have a major impact on Europe's economic future," says Jonathan Grant, director of independent thinktank RAND Europe's Cambridge office and principal author of a study of European fertility released last year. "But there's a disconnect between the cycle of political elections and the generational cycle of demographics...