are voluntary, and no worker would be forced to choose one or to invest even a penny in the stock market.
These workers would now get far higher returns and benefits saving and investing through personal accounts
in place of Social Security, as workers are increasingly doing in other countries around the world.
As with the congressional plans, workers would, at retirement, receive the proceeds of their accounts plus any benefits based on past service under Social Security; there would be a new safety net that protected older Americans who retired with inadequate account balances; and workers would be permitted to bequeath to heirs any funds remaining in their personal accounts
Most plans to phase in a private system would allow current workers to keep their payroll taxes in personal accounts
, instead of supporting current beneficiaries.
The travel agent then transferred the difference in cost between the first-class and coach tickets from the employer's account to the taxpayer's separate personal account
67 million from the national exchequer to their personal accounts
Open competition: development of software software complex automated management of personal account
separate sections (orls) the insured person ~~ in terms of mainstreaming and inclusion in the personal accounts
data paid by payers, not to make payments and other compensation to individuals (sole proprietors) premiums starting from 2015
, remember, are supposed to provide personal pension pots for all the people who don't belong to pension schemes and at present save nothing for their old age.
The Government has published its proposals for a personal accounts
system to help workers save for their retirement.
If you are already in a company pension scheme, then employers who already pay 3% or more will not have to offer personal accounts
The White Paper on a national pensions system, published this week, details a personal accounts
scheme with all employees being enrolled into it automatically from 2012.