Sentences with phrase «employee pension payments»

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
While these rule changes on guaranteed pension payments seem promising, just how willing employees will be to add their 401 (k) proceeds to their pensions is up for debate.
In the 23rd Actuarial Report on the Canada Pension Plan (OCA, 2007), the Office of the Chief Actuary (OCA) certified that, in spite of the substantial increase in CPP benefit payments that would result from the retirement of the baby boom generation, the current legislated contribution rate of 9.9 per cent for employers and employees combined would be more than enough to pay for benefits through 2075.
He plans to make a $ 681 million payment to the state's pension funds, which will cover the costs of benefits earned by active employees during the year.
Direct program expenses were up $ 1.0 billion (5.5 %), primarily due to the timing of payments as well as an increase in federal government employee pension and other future benefit liabilities, reflecting the impact of lower interest rates.
And, over time, the employer's role in funding the plans would shrink: in 1989, employers contributed roughly 70 percent of the money that went into retirement plans; by 2002, employees» cash contributions outstripped company payments into retirement plans of all kinds — including traditional pensions.
The mayor unveiled a $ 47 million proposed bill that would call for Albany to increase disability benefits of «uniformed» public employees hired after 2009 by changing the payment formula, boosting cost - of - living adjustments and ending the policy of subtracting the workers» Social Security earnings from their pension checks.
(CNN)- Gov. Chris Christie will cut planned pension payments for state employees by almost $ 2.5 billion over the next two fiscal years, the New Jersey Republican announced Tuesday.
For six of these employees, the additional payments inflated future projected pension benefits by $ 5.5 million.
In a major blow to Gov. Chris Christie that complicates his 2016 ambitions, a New Jersey judge ruled that he violated state law when he declined to make the full payment into the state's pension system for public employees last year and ordered him to find a way to fund it now.
Working with more current salary figures, Vossler estimated the city would lose $ 46.7 million in extra pension payments for non-uniformed employees.
But one person close to Mr. Silver said it was quite possible that the speaker would support several proposals, if not the entire package, including the move to stop counting overtime for pension payments, and requiring employees to contribute more of their own money.
He said he would vote again this year to pass a bill that allows the state to strip pension payments from all state officials and employees who are convicted of crimes related to their public duties.
The ability to avoid too much unpalatable cutting was the consequence of finding # 7bn extra cuts / effective tax rises from the Welfare budget and from Child Benefit, along with rises in public sector employee pension contributions, though it was disappointing (but not surprising) that misdirected programmes such as winter fuel payments survive intact.
On December 13, 2010, National Assembly representatives from the Fidesz — Christian Democratic People's Party governing alliance passed the Pension Reform and Debt Reduction Fund Law that permanently transferred mandatory private pension - fund contributions to the state unless employees indicated by January 31, 2011 that they wished to continue making payments to thePension Reform and Debt Reduction Fund Law that permanently transferred mandatory private pension - fund contributions to the state unless employees indicated by January 31, 2011 that they wished to continue making payments to thepension - fund contributions to the state unless employees indicated by January 31, 2011 that they wished to continue making payments to the funds.
He said, Zamfara workers were faced with a number of problems which include failure to pay the salaries of 1,400 recruited by the government more than two years ago, non payment of backlog of pension and gratuities, non payment of minimum wage to primary school teachers and local government employees as well as non payment of annual salary increment.
For example, they are the rare state employees who get to count the mileage payments they receive for driving to and from the Capitol as salary for the purpose of computing their pensions.
That typically results in a cut in pension payments for employees.
students who were already employed typically keep their salary and benefits (such as pension payments); the EPSRC reimburses companies for the time employees spend taking classes.
So a good way to ensure that people pay into their pensions, for example, is to set payment as a «default» in employment contracts, so the employee has to actively untick the box.
Another way to look at this question is how much the average pension payment can replace the employee's pre-retirement earnings.
You're also the lead sponsor of an initiative that would allow cities and the state government to potentially reduce pension payments to government workers like teachers, state employees, and police officers, all groups that are traditional Democratic supporters.
Cost sharing: The city shall not pay more than 50 % of the normal and unfunded payments due the pension system; this will be phased in by increasing the employee share of the unfunded payment at a rate of 0.33 % of additional withholding of their pay per year.
For example, Governor Malloy's irresponsible borrowing policies mean that the state MUST increase its debt service payments by at least $ 672 million dollars over the next three years and mandatory payments to the state employee and teacher pension and healthcare funds will account for an additional $ 620 million.
A pension system's «normal payment» refers to the amount of money that has to be paid into a fully funded system each year to fund the present value of additional pension benefits earned by active employees in that year.
Because pensions are based on an employee's final average salary, when districts increase salaries they're also increasing future pension payments.
The additional mandatory payments for the state employee and teacher pension and healthcare funds will require an additional $ 620 million.
Apparently, payments are being made to the Teacher Retirement Fund so he can count his Windham work toward his pension despite that fact that Adamowski is STILL not certified to work in Connecticut and is not even an employee of the State Department of Education, despite being responsible for running the Windham School System on Education Commissioner Stefan Pryor's behalf.
The Employee Benefit Research Institute reported only 27.9 percent of women and 42.6 percent of men age 65 in 2007 received pension or annuity payments.
By taking regular payments from a qualified pension, if the plan allows this option, employees can avoid early - withdrawal penalties as well as tax withholding.
Sources on which prospective homebuyers may draw for the down payment and the closing costs include savings, stocks / bonds, Individual Retirement Accounts (IRAs), pension funds, real state holdings, life insurance policies, mutual funds or employee savings plans.
When a company or government pledges to pay its long - term employees a portion of their salary in retirement — a pension — the entity estimates how much it (and its employees) will need to set aside in order to make those payments in the future.
Earnings in the period of $ 13.3 m attributable to equity shareholders were offset by losses of $ 4.7 m on the retranslation of the net assets of foreign currency denominated operations, actuarial losses of $ 3.5 m (net of deferred tax) on employee defined benefit pension schemes, revaluation losses of $ 2.2 m (net of deferred tax) following the revaluation of property and the payment of the final 2012 dividend of $ 5.0 m to equity shareholders of the Company.
TORONTO — Sears Canada says it will go to court next week to seek approval to suspend benefits for its retired employees as well as special payments to its defined benefit pension plan.
The lineup includes a Structured Investment Option, which offers your employees the potential for market gains up to a specified limit along with some protection against some market losses.4 We also offer the Personal Income BenefitSM, a «pension - like» benefit that provides guaranteed withdrawal payments for life and may help employees address inflation, longevity, and market volatility concerns.5
In the interim, employers should consider how to deal with potential issues arising from the extended leaves, such as the financial and administrative impact on an employer's policies or agreement to provide top - up pay during the leave, and employer and employee obligations to maintain their share of any payments to pension, medical or other plan beneficial to the employee during the leave.
The firm will also have to grapple with a # 571 million debt in pensions owed to its employees, 20,000 of which will be expecting future pension payments.
The Court of Appeal's decision, released together with Lin v. Ontario Teachers» Pension Plan, 2016 ONCA 619 (CanLII), about which I blogged in my post Employees Not «Actively Employed» Still Entitled to Bonus Payments: ONCA, was a major blow to employers and a major win for eEmployees Not «Actively Employed» Still Entitled to Bonus Payments: ONCA, was a major blow to employers and a major win for employeesemployees.
The Court observed that this exception applies «not only to insurance benefits... but also to other benefits such as pension payments to which an employee has contributed and which were not intended to be an indemnity for the type of loss suffered as a result of the [employer's] breach».
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