Word: pensionable
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...coming years may be grim indeed. Opinions differ on how much of the U.S. church might depart if a schism occurs - Anderson estimates 30% and liberals describe "a militant fringe." But any exodus is likely to spark dozens of lawsuits for control of church assets, including real estate and pension funds. Legal fees alone could impoverish both sides. Liberals also warn that Third World churches risk cutting off the channels of funding from the West. The insurgents are ready to take the risk. "This is simony," says Bernard Malango, the primate of Central Africa. "Let the powerful people keep their...
...rise 40% by January. Medical workers are wary of his plans to overhaul France's health-care system. Actors and stagehands, outraged by his tightening of their unemployment benefits, shut down the summer culture season. Strikes by teachers and transport employees, incensed over his plans to reform pensions, brought the country to halt in May and June. And leading members of his own party are slamming his economic and social policies for being everything from too liberal to insufficiently ambitious. But since this is France, which has so often proved itself impervious to reform, fierce opposition like that means Prime...
...free-spending health-insurance system, which is bleeding some j10 billion a year. And when it came to repealing the 35-hour week altogether, Raffarin demurred. "We can't do everything the first year," explains Raffarin aide Jean-François Cirelli. He acknowledges that the government's public-pension reform won't go even halfway to bridging the estimated j43 billion funding chasm that will open between now and 2020. Now, though, both private and public employees will have to work longer to get a full pension, and "it will be an easy matter to raise the contributions down...
...timid in pursuing reforms. You mustn't block French society. People take to the streets easily in France, so you have to measure the capacity of the French for accepting reform. We will have achieved four big reforms by our first two-and-a-half years in office: pensions, health insurance, decentralization and education. All that plus the little reforms, such as the fact that for the first time we didn't pay public service workers for days they were on strike. That's a real novelty in France. That's the kind of change that alters the way people...
According to the university, workers who spend at least 30 years on the job will receive an average pension increase of 40 percent...