The asset accumulation phase for the mandatory part of the second pillar is defined by law to be 40 years.
The key to arriving at consistent accounting is 'implicit tax ' inherent in public pension systems relying on mandatory contributions while being completely or partially unfunded.
Cases may be mandatory or optional, enabling the system to analyze similar sentences which omit certain cases.
It suggests that employers should not set mandatory retirement before age 65, but there are no penalties for firms that do otherwise.
That book is well-known for its ' ' three pillar ' ' model, entailing a mandatory unfunded pillar, a mandatory funded pillar, and a voluntary private pillar.
The procedures for ensuring standards are both mandatory (regulation and inspection) and voluntary (quality assurance).
When the level of refillables would fall below the quota, mandatory deposits on drink containers had to be introduced.
This magnificent book should be mandatory reading for agri-food scholars across myriad disciplines.
There is no mandatory contribution for earnings over the established maximum.
Replies are mandatory in this model unless the system and failure model excludes errors.
In exchange for these reductions, mandatory reporting was firmly imposed for a selected set of diagnoses.
This property is generally not mandatory, since we can observe internal central control in many natural self-organizing systems, such as the termite systems.
The second pillar is a fully funded mandatory scheme financed by worker contributions.
In these circumstances, mandatory public voting is likely only to intensify and harden social divisions, recriminations and misunderstandings.
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