1. Clearly, this pension plan is designed with heavy incentives to take the lifetime pension rather than the cash. 2. Q. Does a defined-benefit lifetime pension negate the need for a bond portfolio? 3. The lucky ones had life insurance or, like the police and firefighters, generous lifetime pensions. 4. It also provides a lifetime pension to widows and other survivors of police officers and firefighters who die in off-duty accidents or of illness before they retire. 5. Lech Walesa and two other former Polish presidents will be entitled to lifetime pensions equal to half of what an incumbent earns, parliament decided Thursday. 6. The Japanese government pays lifetime pensions and other compensation annually to its own war veterans and their families, including those of war criminals. |
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