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References in periodicals archive ?
As a benefit that was almost fully subsidized, its value was substantially greater than the normal retirement benefit. Unlike the GTE example, there was no possibility that the husband could earn service increases in monthly amount because he had passed the maximum number of years that the benefit formula would consider.
And even though payroll taxes are 60 percent lower now than they were before 1981, retirement benefits under the private system are 70 percent higher in real terms than those the government plan offered.
The 2004 ruling provided the following rules: (1) If the retirement benefits received under a BIR-approved retirement plan covered by RA 4917 is equal to or less than the minimum retirement benefit provided by RA 7641, said benefits shall be exempt from income tax to prevent an absurd situation where the retirement benefits will be exempt if an employer does not have such a retirement plan or if the retirement plan is not approved by the BIR.
District Court in Dallas last month, retirees Judy Hawthorne, John Christoff, Sue Moss, Charlotte Foster and Marsha Johnson alleged that Union Square CU made "multiple oral and written representations and promises" that they would receive retirement benefits for life and that they also set aside money to fund their retirement benefits.
A spouse of a client who filed and suspended before the deadline is entitled to collect his or her full retirement benefit if he or she was 62 years of age on January 1, 2016.
Military retirement benefits apply to servicemen and women who spent at least 20 years in the military.
John can elect to take his benefits at age 62 to trigger dependent child benefits equal to 50% of his full retirement benefit amount (even though he has not yet reached full retirement).
is also when a spouse can receive a maximum 50 percent Social Security spousal retirement benefit. At the same time, it's also the age at which a worker can file and suspend his or her own benefit, permitting a spouse to receive a spousal benefit while the worker continues to earn delayed retirement credits.
A worker's eligibility for Social Security retirement benefits is based upon acquiring 40 quarters of coverage.
As well as raising the state pension age to 70 in the face of "greatly increased" longevity, the IoD is also calling for the abolition of most means-tested state retirement benefits.
As well as raising the state pension age to 70 in the face of "greatly increased" longevity, the IoD also called for the abolition of most means-tested state retirement benefits.
But what if the only retirement benefit is not a 401(k) with an account balance, but a pension plan, paying a monthly retirement benefit at a certain retirement age?
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