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Business English Exercises
 

Retirement and Pensions

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Home > Teaching Business English > Business English Lessons, Advanced Level # 77
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The relationship between worker pensions and retirement is of ......... interest to management and economists.


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The reduction in retirement age since World War II is usually ......... to greater pension benefits, both governmental and private.


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501 Business English Exercises — Printable, photocopiable.
For use in a classroom, at home, on your PC or anywhere.

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The anticipated difficulties in financing current public pensions could be ......... by changes that delayed worker retirement.


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Private pensions ......... a large percentage of individual wealth in most of the developed nations.


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As a worker ages, both his productivity and the ......... of working another wage period will change.


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In a perfect labor market, employers, who always pay workers the value of their ......... at any one time, will be indifferent to the age of retirement.


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The most obvious reason for the existence of pensions is the tax advantage, since pension ......... are permitted to accumulate untaxed until retirement.


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Both employers and employees benefit from a payment ......... where workers receive less than the actual value of their work when they are young and more than the actual value of their work when old.


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This system reduces worker incentives for ......... and cheating and thereby raises their lifetime wealth.


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General economic conditions also help determine actual retirement age: higher inflation and greater unemployment at the end of his career causes the worker to ......... his retirement.


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Business English Practice Exercises Business English Tests — several topics are covered: office matters, job applications, computer English, money expressions, business law, operations management, retail marketing, e-commerce, accounting terms, contracts and agreements, commercial correspondence, etc.
You will be exposed to a wealth of authentic sample sentences that include a great variety of themes. This compact Business English Test Package is the only printable English test collection currently available on the Internet. It contains 501 Business English Exercises (10 questions per test plus answer keys).  Get your unique Business English Practice Exercises now!

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Governmental and private pension benefits, Retirement and pensions question, Delay his retirement.

 

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