The retirement program set up by the Social Security Act of 1935 was modest.
Critics said the report exaggerated the retirement program's financial problems in order to promote private investment accounts.
Years ago, when the government retirement program was put in place, average life expectancy was 68 years old.
This figure is in addition to the approximately 6, 500 employees impacted by the reduction in workforce and the voluntary early retirement program.
But this estimate excludes unspecified increases in the Social Security payroll tax that would almost inevitably be included in a reform of the retirement program.
The voluntary retirement program is only being offered to U.S. employees.
OK, but how should conservatives reform the Social Security Disability (SSD) program, which is clearly being used as an early retirement program by many people who could work?
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Social Security is the ultimate low-risk retirement program.
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Yokich said Gore was on the UAW's side on the economy, workers' rights, education, the Social Security retirement program and Medicare health care program for the elderly, the environment, and other issues of concern to working families.
Among the items on the table for discussion and negotiation were raising taxes, revamping the tax code, plugging tax loopholes, lowering the 35% corporate tax rate, Social Security, Medicare, Medicaid and the federal retirement program.
In particular, at Sony's headquarters operations where organizational integration and optimization have been actively implemented, a headcount reduction of approximately 20% is expected by the end of the current fiscal year through the introduction of an early retirement program and resource shifts.
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In the first quarter of 2008, Newsweek also offered a Voluntary Retirement Incentive Program to certain employees and 117 employees accepted the offer.
Responding to that, Scudder in October rolled out a guaranteed retirement benefit program underwritten by Manulife Financial 's (nyse: MFC - news - people ) Manufacturers Life Insurance.
Frank Stronach, owner of Adena Springs, also owns Gulfstream Park, which has created its own Thoroughbred retirement and retraining program.
The program involved a retirement plan known as a 403(b), which is a public-sector cousin of the 401(k).
The bill authorizes an additional shuttle launch, extending the retirement date of the shuttle program from February 2011 until June 2011.
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Of the more than 34, 000 workers who participated in GM s accelerated attrition program, most took early retirement, which means they will receive their full pension and retiree health care benefits.
So Medicare too is an entitlement program that discourages work and subsidizes retirement.
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Roughly a half year later I contacted the woman again, asking for her thoughts on a cinema program I was hoping to bring to retirement communities.
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And, as a consequence, Program X is telling Mary to take her retirement benefits sooner than she should, thereby wiping out most of her spousal benefits.
That is because Social Security is a contributory program that only replaces a floor of wage income in retirement.
Most 401(k) plans and other retirement programs are inefficient due to the fees that are built into the program.
The program, known as TCE, specializes in questions about pensions and retirement issues unique to seniors.
Republicans in the GOP-controlled House twice last year passed legislation that would have shifted the defense portion of the cuts elsewhere in the federal budget, most notably cuts to the food-stamp program and a requirement forcing federal employees to contribute more to their retirement savings.
This may make particular sense around retirement age, he says, when people are likely to have more free time to start an exercise program.
Of the 653, 877 souls that departed the program in 2011, 36% departed by being gracious enough to die, while 52% reached retirement age and seamlessly switched to other benefits.
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