| 词汇 | example_english_pension-plan |
| 释义 | Examples of pension planThese examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. Our analysis indicates how pensionplan design can strongly influence plan expenses and consequently eventual retirement security. The lesson is that amassing assets in a public pensionplan attracts attention, and accumulated assets may be diverted to other purposes. At least some evidence suggests that some financial executives have attempted to use the pension plan to enhance short-term corporate results and, sometimes, their compensation. In all cases, the managers of the pensionplan should have access to up-to-date financial information, including the evaluation of the liabilities of the plan. In general, all qualified employees are included in the pensionplan and receive credits to their account each pay period. The pensionplan information for each university was manually collected from publicly available plan documents. It would be interesting to evaluate whether the age of a company has a statistically significant impact on the supply of an occupational pensionplan. Thus, the back door approach of correcting inefficiencies in the pensionplan by raising wages does not work. With suitable demographic, pension and wage data, the model's implications for interactions between wealth, wage uncertainty and pensionplan choice could be tested. But pensionplan performance, in turn, relies on the level and structure of administrative charges levied on the pension assets during the accumulation phase. Many pensionplan participants do not appear to appreciate their relative insulation from, or their vulnerability to, the risks of different pensionplan types. Ten percent of the plans have a stock-bonus feature where the employer contributes company stock to the pensionplan. Several authors identified parameters influencing a person's individual decision to participate in an occupational pensionplan, subject to the assumption that employers offer one. Of the total number of employees entitled in an occupational pensionplan, 35.7 % are female and 64.3 % of them are male. It is therefore necessary to show econometrically which determinants have a statistically significant impact on pensionplan provision. The ' severity ' of the various types of risk is influenced by the size of the portfolio or pensionplan and the distribution of the benefits. It also asks questions concerning pensionplan coverage and financial preferences. Analogous requirements hold for a (funded) pensionplan. It is important to recognize these distributional differences and how they impact the choice of a pensionplan. For example, risk-averse individuals might respond to increased variance in the real return of their pensionplan by increasing their saving rates. As one might expect, individuals with longer-term saving horizons were more likely to report that they now wanted to establish a pensionplan. For the remainder of the paper we examine the number of pensionplan participants rather than the number of plans. Employee contributions are the total of all payments made by faculty into the hybrid pensionplan. But the rules are also complex and increase administrative and compliance costs associated with offering a pensionplan. Similarly, employers that have workers who value pension benefits have an incentive to offer a pensionplan. The reference group is firms without a pensionplan. Workers who value pension benefits have an incentive to seek out employers that offer a pensionplan. Requiring workers to make investment choices in their pensionplan would likely have little spillover effect on own-account finances in a rational-choice model. Individuals eligible for this flat-rate benefit pay their savings into a certified pensionplan and file an application form for subsidies each year. Employee contributions are the total of all payments made by faculty into the defined benefit pensionplan. Consider, for example, a company with a young workforce and a defined benefit pensionplan implicitly linked to inflation. Therefore, global pensionplan managers are adding value to the mere passive tracking of their strategic policy. Second, the adverse effect of employer stock on pensionplan performance rises sharply with the level of concentration. One may wonder whether the hybrid plan is the preferred pensionplan for the participants as well. The affiliation of employees with a pensionplan is the responsibility of the employer. It is demonstrated that pension-plan participants do not appear to understand the risks associated with different types of retirement savings and pension plans. As a response, the management agent might offer a different pensionplan. Causes of risk can be easily found in items that constitute the scenario in which a life office or a pensionplan operates. It is the rate by which the pensionplan can revalorize wages and index pensions. A well-managed, large, multiemployer occupation pensionplan is likely more efficient and fulfilling. Therefore, our study does not concentrate on terminators, but rather on firms that may use a variety of pensionplan choices to reduce pension costs. If the pensionplan is underfunded, extra contributions are necessary without there being any added pension benefits. For the period prior to 1990, the only data available by province are the number of pensionplan members from the published report. Models 2-4 can be used to compare pensionplan demand in 1995 (model 2) with that of 2005 (models 3 and 4). Furthermore, large firms are more likely to survive business cycle fluctuations and therefore are more willing to provide a pensionplan. Besides, the willingness to participate in an occupational pensionplan could be dependent on individual payments to the statutory pension system. This paper adds to the literature by testing whether the design of a pensionplan can impact a household's non-pension asset allocation. These workers are on average younger, poorer, and less educated than workers with pensionplan coverage. To belong to group (1), the household must be covered by at least one pensionplan in which they have control over investments. Funding pensionplan with company stock may be used to entrench current management, to protect them from a takeover. This was particularly the case for those with a hybrid pensionplan. In his study, he finds that the choices within a pensionplan can affect the portfolio outside of the plan. This paper examines the choice of a pensionplan and the impact of choosing one type of plan over another. Over time, economic events can change the pensionplan that workers and firms find most desirable. Second, there is a risk of reduced benefits for plan members in any privately funded pensionplan. Legal form, pensionplan type, and size are important for administrative costs. As discussed above, a pensionplan can operate with a negative pay-as-you-go asset, but not forever. Most importantly, working by inherited rules and procedures maybe a refuge for pensionplan trustees, best characterized as competent rather than expert in their fields. This suggests that the design of the pensionplan may potentially impact employee finances. This worker is assumed to contribute nothing to the pensionplan, so k=0. Individuals may withdraw funds from their pensionplan and buy a non-qualifying annuity. This is why the paper also presents results with the sample restricted to households covered by only one pensionplan. In 2005, the coefficient of household income was found to have the expected positive influence on the adoption of a pensionplan. When looking at pension funds' administrative expenses, the analysis shows that legal form and pensionplan type are important. A particularly attractive pensionplan option rewarding long service is the defined benefit pensionplan. People are more likely to demand a pensionplan if they have a socially responsible employer3 or one that wants to increase motivation of employees and corporate identification. Under current law, however, the pensionplan has fiduciary responsibility, and if some of the choices go bad, the plan sponsor may be held responsible for offering these choices. Most obviously, the adoption of codes of practice has been encouraged, just as the development of management systems more consistent with pensionplan tasks and functions has been strong advocated. While many groups with great goodwill advocate increasing pensionplan saving, this book demonstrates that consumers often fail to act and plan rationally in their own self-interest. We also only consider firms that sponsor single employer plans (not part of a multiemployer pension plan) and have at least 100 participants in each of their pension plans. Lessons from behavioral finance for pensionplan design. The guiding principle in assessing pensionplan design should be the added value of a specific plan in assisting individuals to realize their preferences with respect to retirement income. Employer-provided pensions' education and information programmes may have to be more basic and more closely tailored to the social status of pensionplan participants than hitherto assumed or hoped. Households employed in firms with 5-19 employees have a significantly lower probability of participating in an occupational pensionplan with lower duration than firms employing 2,000 and more employees. The presence of choice in the pensionplan is not a controlled experiment, so one cannot rule out that unobserved heterogeneity in worker's preferences may also explain the result. To capture scale effects that may result from the fixed costs associated with any reform to a pensionplan, we include the log of plan assets. In light of this diversity across plans, it is disappointing that much of the remaining analysis of the chapter focuses on a single pensionplan transition, approached as a case-study. This exploratory survey of possible drivers of administrative costs reveals that scale effects dominate governance characteristics, pensionplan features, and managerial choices with respect to outsourcing. Ultimately, the presence of choice in the pensionplan is not a controlled experiment, so one cannot rule out that unobserved heterogeneity in worker's preferences may also explain the result. This is as a result of single-employer plans handling expenses for payroll and other related benefits internally rather than computing and charging all relevant expenses to the pensionplan. The second case is for a worker who is 50-years-old, earns $50,000 per year with 20 years of service under the traditional pensionplan at the time of conversion. This is simply because, as shown in the paper, the sustainability of the pensionplan does depend on the ability of the government to serve the bonds. It is, however, a formidable task to model the complex corporate revenue-generating process and the optimal revenue split between a pensionplan and operating capital needs. Given the differences in plan characteristics and how they affect ultimate retirement benefits, it is easy to see why some workers and firms would prefer each type of pensionplan. Normally the employer is the plan sponsor and decides on his own pensionplan structure and plan features, including type of plan, investment patterns, and other elements. A crucial issue, of course, is the net rate of return delivered by the pensionplan, as this helps determine how high benefits will be during retirement. The cost model implies that having more assets and participants will add to pensionplan administrative expenses, but at a less than one-for-one rate if scale economies exist. In effect, the business is their pensionplan. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 What about the other benefits that a private pensionplan offers which are not merely financial? From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 She acknowledges our new pensionplan which is due to come into operation in 1975. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 While they work for the new employer they will have pension rights only if they can pay for a private pensionplan. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 There is one that would include a pensionplan incorporated in the rent. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 The point here is that a pensionplan cannot work unless it has something like 40 years of contributions in it. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
反思网英语在线翻译词典收录了377474条英语词汇在线翻译词条，基本涵盖了全部常用英语词汇的中英文双语翻译及用法，是英语学习的有利工具。