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- Work injuries - a no-fault insurance scheme administered by the Department of Health and Social Security (DHSS), financed by employers and providing benefits at the level of the State Earnings-Related Pension Scheme.
- Excess contributions are defined as contributions that are not protected rights contributions from contracting out of State Earnings-Related Pension Scheme (SERPS) or the State second pension (S2P) or any Additional voluntary contributions (AVCs).
- The Guaranteed Minimum Pension (GMP) is the minimum pension which a United Kingdom occupational pension scheme has to provide for those employees who were contracted out of the State Earnings-Related Pension Scheme (SERPS) between 6 April 1978 and 5 April 1997.
- Borten's time as Prime Minister of Norway saw the enactment of a range of progressive reforms. Earnings-related pensions were introduced in 1966, while under a June 1969 law the Housing Bank offered loans for improving old dwellings.
- O'Malley's crowning achievement was obtaining cross-party support for a new State pension scheme (after two aborted attempts by previous governments) and steering through Parliament the bill to implement what became the State Earnings Related Pension Scheme (SERPS).
- Nine months earlier (March 2009) the Fianna Fáil/Green Party coalition government had imposed a 5% 'pension levy' on public service earnings to 'compensate' for the earnings-related defined benefit pensions enjoyed by public service employees.
- The benefits received through the WW are earnings-related and amount to a sum of 75% percent of the previous earnings per day (which is based on 5 working days per week) for the duration of two months.
- Old Age Security should not be confused with the Canada Pension Plan, which is a contributory, earnings-related pension paid in addition to the OAS to those who have contributed to it.
- In the five years from 1964 up until the last increases made by the First Wilson Government, pensions went up by 23% in real terms, supplementary benefits by 26% in real terms, and sickness and unemployment benefits by 153% in real terms (largely as a result of the introduction of earnings-related benefits in 1967).
- However, this typology is rather a prescriptive than a descriptive one and most specialists usually allocate all public programmes to the first pillar, including earnings-related public schemes, which does not fit the original definition of the first pillar.
- The State Earnings Related Pension Scheme (SERPS), originally known as the State Earnings Related Pension Supplement, was a UK Government pension arrangement, to which employees and employers contributed between 6 April 1978 and 5 April 2002, when it was replaced by the State Second Pension.
- There are separate arrangements for self-employed persons, who are normally liable to Class 2 flat rate NIC and Class 4 earnings-related NIC, and for some voluntary sector workers.
- "Disability pension can be granted to people aged 18–62 who are part of the earnings-related pension system."
- The S2P pension scheme is earnings related and depends on earnings in each year as to how much an individual can expect to receive.
- On 19 January 1963, the government proposed a bill that extended the insurance against occupational diseases to artisans, while general improvements to cash benefits were carried out: all pensions were to be adjusted every third year to the minimum contractual wage in the respective industrial sector, while earnings-replacement rates were raised to correspond to contractual disability rates.
© dict.cc Finnish-English dictionary 2024
Contains translations by TU Chemnitz and Mr Honey's Business Dictionary (German-English only).
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