Translation of "Taux minimum garanti " (French → English) :

As a matter of fact, as shown by the following table, the minimum guaranteed off-take corresponded to a utilisation rate of the reserved capacities exceeding the average utilisation rate of the total available capacities in Hungary.

That, in the opinion of the House, the government should review the Old Age Security program with a view to: (a) reduce the program’s operational costs by ceasing to pay benefits that subsequently have to be repaid; (b) allocate these savings first to single, divorced and widowed Guaranteed Income Savings recipients, specifically to people who did not have an opportunity to prepare for their retirement; (c) improve the Guaranteed Income Savings benefits for elderly single, divorced and widowed individuals; and (d) increase the other income threshold so that Guaranteed Income Savings recipients may receive the equivalent of 15 hours per week o ...[+++]f work at minimum wage in their province of residence without penalty.

Here are some solutions the Bloc Québécois has come up with: support the workers hit by the crisis; create an income support program for older workers, to enable workers aged 55 to 64 who cannot be retrained and who are victims of massive layoffs to bridge the gap between employment insurance and their pension fund; make substantial improvements in the employment insurance program by increasing the accessibility period by five weeks for all regions, regardless of the unemployment rate; raise the benefit rate from 55% to 60% and base the benefit calculation on the best 12 weeks; eliminate the waiting period and reduce the minimum number of insurable ...[+++] hours required to qualify for benefits to 360; create financial tools to encourage companies to invest and modernize, such as a program of loans and loan guarantees to help companies modernize.

Despite the real improvements that have been made in the Minimum Income Guarantee (MIG), the basic state pension is significantly below MIG and pensioners on social assistance have not caught up with the ratio to earnings that they had in 1979.

First, it is justified by serious social difficulties; secondly, the guarantees cover a credit line itself given at market interest rates; and thirdly, the credit line guaranteed by the State is restricted to the minimum necessary to keep the company afloat for six months.

These guarantees constitute a rescue aid and it is a well established policy of the Commission to allow such rescue aids only if specific conditions are met. Those conditions are : - repayable credit at market interest rate - amount limited to the minimum necessary to keep the firm in business - aid limited in time - aid should not unbalance the industry in other Member States.