For unmarried seniors, the dependence upon Social Security is even greater, accounting for almost three-quarters of their income. As pensions become increasingly rare — replaced by defined contribution plans, which are subject to the volatility of financial markets — the importance of Social Security continues to grow. In other words, the more money you make over an extended period, the more you receive when you begin withdrawing.
Sources at the time suggested that the extension was facing a funding shortfall that TfL were unwilling to meet. TfL have now officially confirmed that this is the case.
Taking the Met to Watford Originally proposed and managed by Herts County Council, the scheme seeks to connect the Metropolitan line to Watford town centre. It will do this by using the alignment of the old Croxley Green Branch line. The current Watford Metropolitan line station will close and be replaced by three new stations before finally terminating at Watford Junction.
Since its inception, the scheme has had a troubled history. Projected costs continued to climb and eventually the DfT, one of the main contributors of funding, indicated that they would only continue to back the project if management passed to London Underground.
Late last year, faced with significant project slippage and cost escalation, the government asked us to consider stepping in and taking over responsibility for delivery of the scheme.
We were clear that a suitable funding package needed to be in place before we would be prepared to take this on. Nonetheless, work on enabling works for the project began.
The removal of Taylor Woodrow from the project was the first public indication that Croxley may be facing funding issues.
Such a drastic change to project is nearly always a sign of increasing costs to come. This leaves a sizeable funding gap that will need to be bridged before anything beyond the current enabling works can be completed.
We suggested at the time that this meant a funding gap now existed. More critically, we pointed out that if this were the case it would be a gap that TfL themselves would likely not want to fill.
The clue as to why can be found in the fact that Croxley was originally put forward by Herts rather than TfL themselves. This left Croxley in a perilous position.
Worse, its transfer, as a project, to that organisation had been as much a political move as a logistical one. This is not the situation today.
They acknowledged that it was under review, but indicated that its absence from the Business Plan was simply due to space.
With the current general election now having passed, however, a discreet update on the TfL website finally, officially confirms both the new project cost and that they are unwilling to meet the funding gap bolding ours: We do not have the funding to cover these additional costs.Nov 01, · 2.
The leadership gap will start being filled as boomers retire in numbers. Next year, more than million baby boomers are set to retire and more than one-fourth of millennial workers will. The pension gap. It was a deal that wasn’t supposed to cost taxpayers an extra dime.
Now the state’s annual tab is in the billions, and the cost keeps climbing. In , Social Security benefits were projected to account for 40% of a baby boomer’s post-retirement family income, and almost all baby boomer retirees were expected to receive benefits, according to a Social Security Administration regardbouddhiste.com Dean Baker, co-director of the Center for Economic and Policy Research, thinks those projections were conservative.
Sep 18, · The pension gap. It was a deal that wasn’t supposed to cost taxpayers an extra dime. Now the state’s annual tab is in the billions, and the cost keeps climbing.
The gender pay gap is the gap between what men and women are paid. Most commonly, it refers to the median annual pay of all women who work full time and year .
Internet Resources. Benjamin, Harry. The Transsexual Phenomenon.. FTM International: primarily for female-to-male transgender people. International Foundation for Gender Education: has links and address for resources around the world. International Journal of Transsexualism.