Principles Governing the Retirement of Public Employees
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In our eReader you can find the full English version of the book. Read Principles Governing the Retirement of Public Employees Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Principles Governing the Retirement of Public Employees
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In case an employee is forced out by the compulsory retirement age after very short service, the system should assume that he has made private provision in the period be- fore he was appointed. Exceptional cases of hardship can be cared for temporarily by some form of public relief. Such a procedure seems preferable to making large charitable grants for short service without reference to the need.
The weight of the argument is apparently against any rela- 323 RETIREMENT OF PUBLIC EMPLOYEES tion...ship between the amount of the benefit for past services and the amount of the salary. The fixed allowance, per year of service, alike for all, with possible exceptions in the case of very early entrants and very low-paid employees, would seem to be the preferable device for present employees.
The system for present employees must be recognized as temporary and transitional and should be entirely distinct from the comprehensive adequate system devised for future entrants.
CHAPTER XIV THE ACTUARIAL RESERVE PLAN VERSUS THE AS- SESSMENT OR CASH DISBURSEMENT PLAN The Difference Between the Two Plans.
What to read after Principles Governing the Retirement of Public Employees?
You can find similar books in the "Read Also" column, or choose other free books by Meriam, Lewis, 1883-1972 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
In case an employee is forced out by the compulsory retirement age after very short service, the system should assume that he has made private provision in the period be- fore he was appointed. Exceptional cases of hardship can be cared for temporarily by some form of public relief. Such a procedure seems preferable to making large charitable grants for short service without reference to the need.
The weight of the argument is apparently against any rela- 323 RETIREMENT OF PUBLIC EMPLOYEES tion...ship between the amount of the benefit for past services and the amount of the salary. The fixed allowance, per year of service, alike for all, with possible exceptions in the case of very early entrants and very low-paid employees, would seem to be the preferable device for present employees.
The system for present employees must be recognized as temporary and transitional and should be entirely distinct from the comprehensive adequate system devised for future entrants.
CHAPTER XIV THE ACTUARIAL RESERVE PLAN VERSUS THE AS- SESSMENT OR CASH DISBURSEMENT PLAN The Difference Between the Two Plans.
What to read after Principles Governing the Retirement of Public Employees?
You can find similar books in the "Read Also" column, or choose other free books by Meriam, Lewis, 1883-1972 to read onlineMoreLess
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