But over time, those costs will be fully offset by savings since workers will no longer get higher benefits when they reach 70.
The hope that private investment accounts will fully offset this loss is a dream.
The cost of the legislation is fully offset, meaning it doesn't add a single penny to the deficit.
To fully offset higher labor costs, the industry would need close to a 4 percent increase in revenues.
That additional funding was fully offset with spending cuts in other areas.
It wouldn't fully offset their 5p rise that's coming.
However, that gain was fully offset by costs of a restructuring program.
This has now been fully offset by a surge of production from other countries.
This cost will be fully offset by savings within the overall proposal.
Second, even the older eligibility has not fully offset the academic push, so more parents now hold children out of school an extra year.