Word: pensioneer
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...could go blind if she gave birth but, contravening Polish law, refused to write her a certificate that would authorize an abortion. After giving birth, Tysiac's eyesight has worsened to the extent that she cannot see objects more than five feet away. She now receives a monthly disability pension equivalent to 140 euros...
...Numbers RETIREMENT 430 million Projected number of people in China who will be past retirement age by 2050-roughly a third of the country's population $1.5 trillion Pension money already owed to millions of Chinese workers laid off by the state in the last decade...
Without that combination, we can't solve our pressing problems. Only at the level of government, which exists to speak for all of us, can we formulate a foreign policy, clean up the environment or make health care, education and a good pension available to all. But achieving these goals also depends on individual actions: if you study hard, say, then you're more likely to acquire the skills to support your family and help make the economy grow...
...expensive intervention to get it there? More than $13 trillion is invested in publicly traded shares on the New York Stock Exchange. Another $3 trillion--plus is riding on the NASDAQ. Most of this isn't rich people's portfolios and trust funds; it's the savings and pension funds of middle-class Americans. Over the past couple of generations, they have been enticed into the stock market because it is supposed to be efficient and because everyone can get a piece of that efficiency...
...early March, Boston College management professor Alicia Munnell gave a lecture at Yale on pension policy. "I was there, talking about retirement things," Munnell recalls, "and somebody looked at me and said, 'Are you responsible for the collapse of the subprime market?'" The question wasn't entirely out of left field. As director of research at the Federal Reserve Bank of Boston, Munnell co-authored a bombshell 1992 study that concluded that mortgage lenders systematically discriminated against blacks and Hispanics--even when one adjusted for income and creditworthiness...