Although the benefits are not subsidized, this is an important advantage to retirees, because they are only paying the average cost incurred by plan participants, most of whom are younger and cheaper to insure than the retirees.
Quotes about retirees (16 Quotes)
We're beginning to appreciate that baby boomers aren't traditional retirees they plan to be active, whether that means working, volunteering or continuing to run a business. On the other hand, affluent individuals may continue to work to absorb steep and ever-climbing healthcare costs when they retire.
As you know, Social Security functions under the premise that today's workers will help finance benefits for retirees and that these workers will then be supported by the next generation of workers paying into the same system.
Voluntary personal savings accounts would enable future retirees to harness the power of the marketplace when saving for their retirements.
While the report recommends employee contributions to health care and changes in pension contributions, along with other cost saving actions, it does not generate enough savings to warrant its acceptance. In addition, the report includes a provision which would increase benefits for existing retirees, an action that the courts have confirmed as unlawful.
We have been very focused on trying to find the right balance between caring for the needs of our retirees and making determinations about what is affordable. We will continue to manage costs in that way.
To honor our national promise to our veterans, we must continue to improve services for our men and women in uniform today and provide long overdue benefits for the veterans and military retirees who have already served.
Right now, we have an unprecedented attack on retirees.
It's very likely that graduates, current employees and retirees have some wonderful pieces of Deer Park history in their closets or garages.
I find it just odd for all these economists and policy makers to be cheering for all this consumer spending when we're just digging ourselves into a hole. With all the obligations we have ahead, to retirees and to ourselves, we have all the reasons in the world for people to be saving more and be controlling their spending.
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.
If we do not act now to strengthen Social Security, the system that so many depend upon today will be unable to meet its promises to tomorrow's retirees, and it will burden our children and grandchildren with exhaustive taxes.
As a former veteran, I understand the needs of veterans, and have been clear - we will work together, stand together with the Administration, but we will also question their policies when they shortchange veterans and military retirees.
The President's proposed privatization plan would jeopardize that security by cutting guaranteed benefits for future retirees and endangering the benefits of current retirees, people with disabilities, and children who have lost a parent.
The problem with retirees is once you're a retiree, you're no longer a member of a collective bargain agreement.
Today there are about 40 million retirees receiving benefits; by the time all the baby boomers have retired, there will be more than 72 million retirees drawing Social Security benefits.