Pension Quotes

You get behind some of the numbers, like the underfunded pensions in the US, and I'm not sure people even understand how wrong their situation is.

When I read history, I [see] what typically happens to presidents and the other party during tumultuous times and how people react when the economy is collapsing and they're losing their homes, losing their pensions - it sort of tracks, what ended up happening, because some of that is human nature.

Think of your pension and start saving. Like my father, I have been a spendthrift, and I regret that.

You had one guy who was a slave, and another who wasn't. And I actually know what happened to them. [Juan ] Garrido ended up getting good jobs and a pension in Mexico which was the center of New Spain, as it was called. Esteban ended up being killed by the Zuni Indians.

You don't take a job in acting at all expecting 25 years in and a pension.

Chase your passion, not your pension.

When you buy a meal and you pay a fair price for it, are you doing this to ensure that the employees get health care? When you walk into Mickey D's and you buy a Big Mac, do you ask them, "By the way, is this thing costing enough so that you get health care here? By the way, is this Big Mac costing enough so that you get a pension here?" Do you think any of that when you go buy a Big Mac? No. You want it to be as cheap as it can be. That's why you're there.

One thing which frustrates me about state pensions is the disparity between EU countries.

I, like everybody else, have lost most of my pension plan in this economic crash. So I have to. I'm going to call it I Slept With Everyone On Television.

We cannot continue. Our pension costs and health care costs for our employees are going to bankrupt this city.

A corporation's responsibility is to the shareholders, not its retirees and employees. Companies are doing everything they can to get rid of pension plans and they will succeed.

Many old people receive pensions for no other reason, it seems to me, but as a compensation for having lived a long time ago.

Careful economic research has shown public-sector workers receive a level of compensation, pension benefits, and retiree health coverage in excess of what comparable workers in the private sector enjoy. In some instances, the total premium can be 30 percent or higher.

An irresistable footnote: in 1971, pension fund managers invested a record 122% of net funds available in equities - at full prices they couldn't buy enough of them. In 1974, after the bottom had fallen out, they committed a then record low of 21% to stocks.

A generous basic state pension is the least a civilized society should offer those who have worked hard and saved through their whole lives.

Democrats have always historically referred to our families as working families, and I have sort of changed that moniker. I think what we have is a nation of worried families - families that are concerned about job security, families who thought their pensions were secure and now have questions.

In short, the early receivers of the new money in this market chain of events gain at the expense of those who receive the money toward the end of the chain, and still worse losers are the people (e.g., those on fixed incomes such as annuities, interest, or pensions) who never receive the new money.

I worked in an insurance office for six years, and it was there that I just woke up one day and realised there was something massively lacking in my life, and a non-contributory pension and a subsidised canteen could not fill it.

Pension reform can be hard to talk about. In the long run, reform now means fewer demands for layoffs and less draconian measures in the future. It's in the best interest of all Californians to fix this system now.

For the author there is nothing but his pen, till that and life are worn to the stump: and then, with good fortune, perhaps on his death-bed he receives a pension and equals, it may be, for a few months, the income of a retired butler!

The system is not intended as a substitute for private savings, pension plans, and insurance protection. It is, rather, intended as the foundation upon which these other forms of protection can be soundly built. Thus, the individual's own work, his planning and his thrift will bring him a higher standard of living upon his retirement, or his family a higher standard of living in the event of his death, than would otherwise be the case. Hence the system both encourages thrift and self-reliance, and helps to prevent destitution in our national life.

You also want to look at how the tax system encourages and rewards pension saving. I have set as an ambition reversing the effects of Gordon Brown's tax raid which heralded the beginning of the age of responsibility. We are looking at some very specific tax measures on how we can encourage saving.

When I am an old woman I shall wear purple, With a red hat which doesn't go and doesn't suit me, And I shall spend my pension on brandy and summer gloves, And satin sandals, and say we've no money for butter.

I want to talk about jobs and health care and pension security and what we're going to do to stop the brain drain in Ohio and make it possible for our young people to stay here and build a life in Ohio rather than in Pennsylvania or West Virginia or God knows where.

The labor movement was the principal force that transformed misery and despair into hope and progress. Out of its bold struggles, economic and social reform gave birth to unemployment insurance, old age pensions, government relief for the destitute, and, above all, new wage levels that meant not mere survival but a tolerable life.

When I had a few francs, I spent them at a café on the Place de Longchamps, a block or so from my pension, where I could order a glass of Beaujolais and a plate of string beans in vinaigrette for the equivalent of fifteen cents.

What was to be a relatively innocuous federal government, operating from a defined enumeration of specific grants of power, has become an ever-present and unaccountable force. It is the nation’s largest creditor, debtor, lender, employer, consumer, contractor, grantor, property owner, tenant, insurer, health-care provider, and pension guarantor. Moreover, with aggrandized police powers, what it does not control directly it bans or mandates by regulation.

There were a few people who got jobs in Limerick, a big barrel on wheels, and it was a barrel that went back and forth, and a shovel and a broom. So, they went around shoveling the horseshit into this barrel. So, you got that job when you were around 15, and then you got to retire at the age of 65, with a pension. A small pension. So that would be 50 years of shoveling horseshit. And I was advised very seriously that I should get that job.

Marriage is like retiring as a bachelor and getting a sexual pension. You don't have to work for the sex any more, but you only get 65% as much.

If you defy the system long enough you'll be rewarded. At first life takes revenge and reduces you to a sniveling mess. But keep sniveling, have the madness, the audacity, to do what interests you, forget about your pension, and eventually life will say all right, we'll let you do it.

The IMF acts as the collection agent for global bondholders. Its projections begin by assuming that all debts can be paid, if economies will cut wages and wiping out pension funds so as to pay banks and bondholders.

Aside from the poor example it sets, the federal government enables reckless spending on public-employee pensions by offering hope of assistance from Washington if things get bad enough.

I have written to Minister of State for Personnel, Public Grievances and Pensions, asking him to consider 'staggered office timings' for government offices, which will help in decongesting road traffic during peak hours.

I can guarantee you this, that more pension and benefit reforms which I will consider arbitration reform to be one of them, are things that when they come to my desk, they will be signed.

You can't have bank holding companies acting as hedge funds. You can't have them taking a million-dollar pension plan for Joe Schmo the bus driver and treat it with the same risk appetite that you treat George Soros' pocket money. It's fundamentally ridiculous.

If one man tells you to murder, you get a jail cell - if another man tells you to murder, you get medals and a pension.

No capitalists after any war were ever so well paid for money loaned to the nation that carried it on. No class of money-makers ever gained such prosperity by any other war, as our War for the Union brought to the money-getters of America. All this was due in great measure to the rank and file of the Union army. Now let no rich man haggle with a needy veteran of that war about his right to a pension!

I felt great calmness and perfect peace. I had the feelings of a poor man who has just come under the protection of the Royal Family, and has obtained an annual pension for life-the dreadful fear of poverty and want having left his house for ever; I felt the safety and shelter which the little chickens feel under the wings of the hen. This is what it is to abide under the shadow of the Almighty, and to hide under His wings until all dangers are past.

Pension: An allowance made to anyone without an equivalent. In England it is generally understood to mean pay given to a state hireling for treason to his country.

Withdraw from the Canada Pension Plan... Collect our own revenue from personal income tax... Resume provincial responsibility for health-care policy. If Ottawa objects to provincial policy, fight in the courts... [E]ach province should raise its own revenue for health... It is imperative to take the initiative, to build firewalls around Alberta.

Airlines need staff to fly and maintain their aircraft. They need to pay applicable taxes and gate fees. They need to buy new planes, repair worn-out parts, manage their company pension plan, and everything else a service industry has to do. But by far, the largest chunk of their non-payroll operating budget goes to fuel. That's what costs the most for any given flight.

With the 2001 terror attacks, airline bankruptcies, pension terminations, loss of pay, changes in work rules — we're all working harder and longer than we used to.

...and suddenly it hits you: Human skin is actually made up of billions of tiny units of protoplasm, called "cells"! And what is even more interesting, the ones on the outside are all dying! This is a fact. Your skin is like an aggressive modern corporation, where the older veteran cells, who have finally worked their way to the top and obtained offices with nice views,are constantly being shoved out the window head first, without so much as a pension plan,by younger hotshot cells moving up from below.

This is something that Randi Weingarten said to me when I interviewed her once, which I think I quote in chapter nine. She talks about how only 7 percent of private sector workers in the American economy are in unions. So all the protections that teachers have that are due to collective bargaining - including generous pensions, generous health plans, limits to what they can be asked to do after school and in the summers - all of those things are sources of resentment to the public. And I think that politicians have played off of that quite effectively.

At some point in your life you have to engage with the fact that you are part of a society. Yeah the individual is the most important facet in society but unless every individual is the recipient of free health care, free education decent affordable housing and a proper pension then only the rich and powerful will be individuals and the rest of us will be exploited by them.

The whole concept of dividing it up into 'value' and 'growth' strikes me as twaddle. It's convenient for a bunch of pension fund consultants to get fees prattling about and a way for one advisor to distinguish himself from another. But, to me, all intelligent investing is value investing.

The simple index fund solution has been adopted as a cornerstone of investment strategy for many of the nation's pension plans operated by our giant corporations and state and local governments. Indexing is also the predominant strategy for the largest of them all, the retirement plan for federal government employees, the Federal Thrift Savings Plan (TSP). The plan has been a remarkable success, and now holds some $173 billion of assets for the benefit of our public servants and members of armed services.

Imagine if the pension funds and endowments that own much of the equity in our financial services companies demanded that those companies revisit the way mortgages were marketed to those without adequate skills to understand the products they were being sold. Management would have to change the way things were done.

But I will say, I think there are some Democrats that don't want to address pension reform. I have taken on the issue of seniority and tenure. I think we have to address entitlements and the president has done that in his budget. I think we have to extend Medicare and the president has done that. But also reinvest in that program.

I assure the ex servicemen that One Rank One Pension has been accepted in principle but it is in talks. We want to get a solution which is acceptable to all. Discussions have come to the final leg, we hope for a positive result.