Sentences with phrase «pension account on»

All premium allocation charges deducted are refunded to your Individual Pension Account on vesting (reaching the retirement age) once you have made a total premium payment of $ 4,80,000 / -(does not include top - up premiums).

All premium allocation charges deducted are refunded to your pension account on reaching the retirement age.

Not exact matches

Other than a paragraph promoting the tax - free savings account and a brief update on the pooled registered pension plan, there was nothing in there about helping Canadians save.

Japan's government loosened laws on pensions in May, allowing almost all working - age Japanese to join private defined - contribution retirement plans — similar to individual retirement accounts (IRAs) in the United States that allow workers to make regular contributions to an investment fund with tax breaks.

With the shift from pensions to individual savings, gone are the days when many retirees could rely on a regular check when they retire — and as many as half of all workers lack access to employer - sponsored retirement accounts at all.

These risks and uncertainties include competition and other economic conditions including fragmentation of the media landscape and competition from other media alternatives; changes in advertising demand, circulation levels and audience shares; the Company's ability to develop and grow its online businesses; the Company's reliance on revenue from printing and distributing third - party publications; changes in newsprint prices; macroeconomic trends and conditions; the Company's ability to adapt to technological changes; the Company's ability to realize benefits or synergies from acquisitions or divestitures or to operate its businesses effectively following acquisitions or divestitures; the Company's success in implementing expense mitigation efforts; the Company's reliance on third - party vendors for various services; adverse results from litigation, governmental investigations or tax - related proceedings or audits; the Company's ability to attract and retain employees; the Company's ability to satisfy pension and other postretirement employee benefit obligations; changes in accounting standards; the effect of labor strikes, lockouts and labor negotiations; regulatory and judicial rulings; the Company's indebtedness and ability to comply with debt covenants applicable to its debt facilities; the Company's ability to satisfy future capital and liquidity requirements; the Company's ability to access the credit and capital markets at the times and in the amounts needed and on acceptable terms; and other events beyond the Company's control that may result in unexpected adverse operating results.

Second, growing accrual surpluses in the federal government employees» pension accounts allowed the government to amortize these surpluses on an annual basis.

The Financial Accounting Standards Board (FASB) introduced a new accounting standard that requires companies to present service cost as the only operating component of periodic pension costs on the income Accounting Standards Board (FASB) introduced a new accounting standard that requires companies to present service cost as the only operating component of periodic pension costs on the income accounting standard that requires companies to present service cost as the only operating component of periodic pension costs on the income statement.

However, the actuarial calculations of the pension liabilities are based on «generally - accepted accounting principles», and the discount rate used is consistent with these principles.

On the other hand, if you rely mostly on Social Security income with only supplemental income from a pension or retirement account, your tax bill will be fairly loOn the other hand, if you rely mostly on Social Security income with only supplemental income from a pension or retirement account, your tax bill will be fairly loon Social Security income with only supplemental income from a pension or retirement account, your tax bill will be fairly low.

On the other hand, retirees who rely on some combination of Social Security, retirement account income and public pension income may have a larger tax bill, especially if they have income in excess of $ 30,000 per yeaOn the other hand, retirees who rely on some combination of Social Security, retirement account income and public pension income may have a larger tax bill, especially if they have income in excess of $ 30,000 per yeaon some combination of Social Security, retirement account income and public pension income may have a larger tax bill, especially if they have income in excess of $ 30,000 per year.

* Reflects the impact of the adoption of new accounting guidance on the presentation of net periodic pension cost and net periodic postretirement benefit cost in the first quarter of fiscal 2018.

New accounting rules are likely to show that public pension plans could face hundreds of billions of dollars in additional liabilities, putting new pressure on state and local governments to act.

Borrowing rates will rise for governments, home buyers and other long - term borrowers, while savers will see more returns on conservative holdings such as savings accounts and it should become easier to fund pension savings.

He also manages additional segregated accounts for pension fund clients run on the same strategy as the Phoenix UK Fund.

For specific company examples, see my articles on Eastman Kodak's (EK — dangerous rating) pension accounting manipulation and Citigroup's (C — dangerous rating) overstated deferred tax assets.

The response to this question may indicate whether the Financial Accounting Standards Board (FASB) recent accounting changes for pensions will have an impact on a company's view of theiAccounting Standards Board (FASB) recent accounting changes for pensions will have an impact on a company's view of theiaccounting changes for pensions will have an impact on a company's view of their pension.

• Internal bookkeeping of pension accounts as well as integration with central banking bookkeeping based on SAP.

Moreover marriage gives you a legal framework about your child, your pension, your insurance and bank accounts, what happens in case of accidents (in some countries you're not allowed to visit your partner in hospital because you're not a relation) and so on.

«The Tier VI pension proposal is an attack on retirement security for tens of thousands of New Yorkers and would steer more workers into private 401 (k) style retirement accounts.

These account for around # 110 billion of the total welfare bill — the lion's share of which is spent on pensions.

$ 4 million on «Grants and assistance» $ 5 million on Direct Program $ 29 million on salaries $ 9 million on pension plans, payroll taxes, and other employee benefits $ 4 million on accounting, fundraising, legal, and investment management $ 4 million on advertising, information technology, and office expenses $ 5 million on rent $ 7 million on travel $ 12 million on conventions, conferences, and meetings $ 9 million on «other fees»

The fund, run by state Comptroller Thomas DiNapoli, is also heavily weighted to stocks — and, like all public pension funds, is allowed to calculate its funding needs based on accounting assumptions that would not pass muster in the private sector.

«As I researched the idea of promoting savings in our sector, the idea of credit union came into mind and I said that's it because it dawned on me that majority of the people don't have savings accounts, insurance cover or even pension schemes and since I became the Chairman of GHAMRO I really felt the pinch because every now and then I get calls from members asking for advance payment of their royalty to either pay school fees, settle medical bills or to even solve other financial problems then I've realized that this vacuum has to be filled because GHAMRO doesn't have a policy to pay this type of monies».

In imposing a fine on DEAN SKELOS, Judge Wood took into account the tax - payer funded pension that DEAN SKELOS would be receiving.

Because African - Americans were overrepresented on this list — they account for more than a fourth of its members — the typical black legislator earned more from state pension payments than their colleagues.

He wants the good public employees to provide information about their coworkers and bosses who don't work hard enough, misuse state cars and expense accounts and double dip on the state pension system.

That means greater disclosure of business and law clients from legislators» side jobs, a ban on the personal use of campaign funds, greater safeguards for per diem reimbursement, pension forfeiture for lawmakers convicted of public corruption and greater disclosure by independent expenditure campaign accounts.

After an all - night session last week that produced agreements on redistricting, pensions, and casino gambling, the New York Times reported «Cuomo has faced grumbling from government watchdogs and some lawmakers for condoning — and, by some accounts, demanding — a rushed process.»

Wilson, the Republican candidate for state comptroller in 2010, said he relied on more rigorous accounting pension and benefits standards used by corporate American in conducting his analysis.

«Today's report from the public accounts committee is a shocking confirmation of David Cameron's failure and another nail in the coffin of his government's promise to deliver universal credit on time and on budget,» shadow work and pensions secretary Rachel Reeves said.

The Economic and Financial Crimes Commission, EFCC, on Tuesday, re-arraigned Mohammed Ahmed Katun, a former Assistant Director, Pension Account, Office of the Head of Service of the Federation, OHCSF, on a 12 - count amended charge bordering on diversion of pension funds to tune of N81.4 million before Justice A. R. Mohammed of Federal High Court,Pension Account, Office of the Head of Service of the Federation, OHCSF, on a 12 - count amended charge bordering on diversion of pension funds to tune of N81.4 million before Justice A. R. Mohammed of Federal High Court,pension funds to tune of N81.4 million before Justice A. R. Mohammed of Federal High Court, Abuja.

«That you Mohammed Ahmed Katun while serving as an Assistant Director, Pension Department of the Office of Head of Service of the Federation on or about the 14th day of August, 2009 within the jurisdiction of this Honourable Court, obtained by false pretences and with intent to defraud various sums of money amounting in the aggregate to N24, 660,675.00 (Twenty Four Million, Six Hundred and Sixty Thousand, Six Hundred and Seventy Five Naira only) from the Federal Government of Nigeria through the Pension Account held by the Office of the Head of Service of the Federation of Nigeria through fraudulent payments described as collective allowances into your bank account maintained with Ecobank Nigeria Limited (former Oceanic International Bank Plc) and thereby committed an offence contrary to Section 1 (1)(a) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006 and punishable under Section 1 (3) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006.Account held by the Office of the Head of Service of the Federation of Nigeria through fraudulent payments described as collective allowances into your bank account maintained with Ecobank Nigeria Limited (former Oceanic International Bank Plc) and thereby committed an offence contrary to Section 1 (1)(a) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006 and punishable under Section 1 (3) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006.account maintained with Ecobank Nigeria Limited (former Oceanic International Bank Plc) and thereby committed an offence contrary to Section 1 (1)(a) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006 and punishable under Section 1 (3) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006.»

The government is not taking account of pensions, national insurance, cost of living, increments, living wages and — crucially — the cost to schools of picking up on cuts to other public services.

States have not paid for pension costs on an honest accounting basis, and they have accrued billions of dollars in pension debt that avoids so - called «balanced budget» requirements.

While states and cities are spending a lot of money on back - end incentives like this, their own pension plans don't think it's worth altering their assumptions to account for them.

Thanks to a series of deals Philadelphia struck with the AFT local, along with increases in pension contributions, led to a 53 percent increase in spending on teachers» benefits between 2002 - 2002 and 2011 - 2012, according to data from the U.S. Census Bureau; benefits accounted for 27 cents of every dollar spent on teacher salaries in 2012, versus 21 cents a decade earlier.

I realized that 66 cents on every dollar was already accounted for by the union contract, some of which went to pensions.

Collection, lawsuit, claims, wage and pension garnishees, and execution against assets and bank accounts are suspended on filing bankruptcy.

The practical steps will be to use the pension, post-tax account dividends and cash in our checking account to live off and then back - fill the checking account by selling assets on a quarterly basis.

Lawsuits, pension and wage garnishments and executions against assets and bank accounts stop on filing, with the exception of child support.

«We have a mutual fund that focuses on Canadian banks in our pension plan, so I never buy Canadian bank stocks in our other accounts.»

And as my previous Retired Money column highlighted, on top of the Basic Personal Account, many retirees or semi-retirees can expand this «tax - free zone» with the Age Credit (roughly $ 6,000) and Pension Credit ($ 2,000 per person).

Homeowners depending on pensions, social security and their investments for living expenses are struggling more than ever as the result of diminishing returns on savings and losses in investments and retirement accounts stemming from the current economy.

The first thing you have to examine when deciding how much you can spend on your new home is how much you are worth, taking into account your income, savings, investments and other holdings such as Individual Retirement Accounts (IRAs) or Keogh plans, the cash value of your life insurance, pensions or corporate savings plans, and equity in real estate.

Specifically, except for households of low to modest means, the retirees they tracked were spending less on average than the amount available to them from Social Security, pensions and income from retirement accounts.

The chances that you'll be able to do better than the monthly payments offered by your employer are low — a 2015 General Accounting Office on pensions and lump sums found that the payouts on company pensions are generally much more generous than those offered by private insurers — but it doesn't hurt to check.

A: There are generally no restrictions on transferring a registered account to another institution, unless it's a group RRSP or defined contribution pension plan and you are still working for the sponsoring employer.

The distributions from deferred accounts — whether they are pensions, traditional IRAs, defined - contribution plans or 401 (k) s — do not enter into the calculation for 3.8 % tax either, which is based on modified adjusted gross income.

Distributions from deferred accounts — whether they are pensions, traditional IRAs, or defined - contribution plans — do not enter into the calculation for the 0.9 % tax because it is only assessed on earned income.