Pension Quotations | Page 2

I would say morale is already crippled, ... And that means you will have less proactive police work. You'll have cops out there who'll say, 'just keep your eyes down, answer your calls, get your pension and retire,' and that's the worst thing that could happen.

I would like to thank Adair Turner and his fellow commissioners for their thorough analysis of this important issue. The Commission has had a hard look at the pension system in the UK, and has set out the stark challenges we all face in providing for increasingly long retirements. This report brings home the message the Government first highlighted in the 2002 Green Paper; that people must either save more or work longer.

Nearly 60 percent of those teachers eligible for retirement do not do so because of uncertainty about pensions and health care.

Our operating profit surpassed our previous estimate because the one-time profit from returning pension funds to government was larger than expected.

Our labor agreement was one that the membership overwhelmingly ratified, and it turned out to be a pretty decent labor agreement. We gained wages, gained benefits - pensions were status quo - and we redesigned and restructured the workforce to be more efficient, as we have all across the industry.

Suspension of negotiations is certainly one alternative, and I expect that the Serbian government will take this message very seriously. Serbia has to chose now between its nationalist past and a European future.

Suspension is possible only if the case has not yet entered its investigation phase. So neither suspension nor withdrawal (of the cases) is possible.

Suspend me for life. If they address a problem they need to address, and if my suspension will cure the problems, that'll be fine. If it'll make people more alert, I'm OK with that. But if it's going to stay the way it is, I'm not for the suspension.

Unions can play a valuable role in large organisations where it is difficult to talk to a thousand people. They can negotiate annual pay awards with management, represent grievance cases, and explain and advise on complicated changes in employment or pension law.

With the indexes edging up, retail investors will gradually return to trading. Institutions such as insurers, pensions and overseas banks will restore interest in the markets, partly thanks to low pricing and the country's economic boom.