Sentences with phrase «proposed pension changes»

State worker unions have opposed the proposed pension changes, saying future workers would see their retirement benefits reduced by as much as 40 %, or, if they choose 401k's will be subject to gyrations of the stock market.

The calculator provides members of the three main civil service schemes: Classic, Premium and Nuvos with estimates of how much the government's proposed pension changes could cost them between now and their retirement.

«It's like the guy who catches the little fish, then by the time he's done telling you the story, it's a 60 - pound tuna,» said Stephen M. Sweeney, the State Senate president and a Gloucester County Democrat who initially proposed the pension changes and property tax cap.

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.

Perhaps the biggest sticking point is the company's pension plan, which Canada Post is proposing be changed from a defined benefit plan to a defined contribution plan.

Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.

Chief financial officer Lorenzo DeMarchi said regulatory changes proposed by the Ontario government may give Torstar a new way to deal with its pension obligations.

The Institute also proposes changes to federal employee pension plans and other post-retirement benefits.

However, by far the most expensive of all the public pension changes proposed this year — a restoration of generous disability retirement benefits for recently hired New York City police and firefighters — did not win approval before the legislative session ended.

The proposed pension reform will not result in immediate savings, but the governor insists that the savings over time will be worth the changes now.

Mulgrew called the attacks on pensions, the threat of teacher layoffs, the fight to change seniority layoff rules, the targeting of teachers in the Absent Teacher Reserve pool, and the record number of proposed school closings «part of the mayor's strategy to throw everything at us at once.»

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.

Michelle Mitchell, charity director of Age UK, said in response to Iain Duncan Smith's proposed changes to pensions:

What is difficult to accept is despite savings being made by way of an effective «pay freeze» and pensions contributions increase that on the back of those measures there are further proposed significant changes to the police remuneration system that could see up to 40 % of officers loosing up to # 4000.00 of pay in addition to that freeze.

The nature of the proposed changes to pensions and pay are likely to impact badly on the question of retention.

Unite also expressed fears over the future of the Royal Mail pension scheme as the company seeks to drive through changes ahead of the proposed sale which could lead to cuts in pension payouts.

Mayor Michael R. Bloomberg proposed sweeping changes on Wednesday to New York's costly pension system, seeking to save billions of dollars by fundamentally altering long - established rules that have awarded generous retirement benefits to municipal workers and have deepened the city's financial hole.

«As his proposed changes to the pensions system unravelled before the ink was dry, it was far from clear that this speech even pays for itself let alone matches our pledge to halve the deficit in four years.»

Mr. McFadden: The changes that we propose to the pension scheme will mean that the deficit is handled on the same basis as the pension schemes serving teachers, nurses and civil servants.

The vote comes on the heels of last week's historic day of industrial action by the NHS, whereby doctors boycotted non-acute care as a way of expressing their dissatisfaction with the government's proposed changes to their pension funds.

The Turner Commission proposed giving at least 15 years notice of changes, whereas the Government is giving only 7 years notice of a 2 - year pension age increase.

On balance the public remain opposed to the government's proposed changes to public sector pensions by 47 % to 37 %.

Comptroller hopeful and City Councilwoman Melinda Katz (D - Forest Hills) Monday called on the U.S. Securities and Exchange Commission to ratify proposed rule changes that would allow shareholders to nominate directors on corporate boards — a change she says would have tremendous impact on city pension funds.

There also are worries the Wisconsin Supreme Court, with a 4 - 3 conservative majority, would rubber - stamp any pension changes Walker and the Republican - run Legislature would propose.

Cuomo proposes to extend a system of public campaign finance to all statewide offices and legislative races, ban the use of campaign funds for personal expenses, require the disclosure of outside income and the clients who supported it and change the state Constitution to allow prosecutors to claw back the pensions of officials convicted of public corruption.

Buchwald's proposed change requires an amendment because public pensions are constitutionally protected.

«The NASUWT has and will continue to press for further information on how the proposed changes to the Teachers» Pension Scheme will impact on members.

Sen. Lamar Alexander (R - TN), chairman of the Senate Health, Education, Labor and Pensions Committee, and Rep. John Kline (R - MN), chairman of the House Education and Workforce Committee, both proposed changing the distribution of Title I funds.

In order to address that problem, Governor Dannel Malloy is proposing to dramatically change the way Connecticut funds its state employee pension system.

Changes to the pension structure haven't yet been made, but they have been proposed, and more are likely to be on the table in the future.

The Department for Education has proposed changes to dependents» pension rights in the Teachers» Pension Scheme for same - sex couples following the July 2017 «Walker» judpension rights in the Teachers» Pension Scheme for same - sex couples following the July 2017 «Walker» judPension Scheme for same - sex couples following the July 2017 «Walker» judgement.

Looking back on your articles regarding Charter Schools in which teachers don't have to be certified and the Governor's proposed changes to make them the new privatized public school system, does this mean those teachers would also qualify for pension and retirement benefits?

1912: NEA endorses Women's Suffrage 1919: NEA members in New Jersey lead the way to the nation's first state pension; by 1945, every state had a pension plan in effect 1941: NEA successfully lobbied Congress for special funding for public schools near military bases 1945: NEA lobbied for the G.I. Bill of Rights to help returning soldiers continue their education 1958: NEA helps gain passage of the National Defense Education Act 1964: NEA lobbies to pass the Civil Rights Act 1968: NEA leads an effort to establish the Bilingual Education Act 1974: NEA backs a case heard before the U.S. Supreme Court that proposes to make unlawful the firing of pregnant teachers or forced maternity leave 1984: NEA fights for and wins passage of a federal retirement equity law that provides the means to end sex discrimination against women in retirement funds 2000s: NEA has lobbied for changes to the No Child Left Behind Act 2009: NEA delegates to the Representative Assembly pass a resolution that opposes the discriminatory treatment of same - sex couple

The NJPHBSC proposed a range of changes to assist in the relief of the pension crisis and budget problems: replacing the defined - benefit plan to a cash - balance pension plan, reducing the cost of health - benefit plans, and redirecting some resulting savings to paying off the debt.

«The governor's proposed changes to ECS and special education funding, coupled with his proposal to require towns to pick up one - third of the cost of teacher pension costs, will make it impossible for small towns to fund education without staggering increases in local property taxes,» said Betsy Gara, Executive Director of the Connecticut Council of Small Towns.

Under the proposed changes, if you retire before 65, your pension will be cut by 7.2 per cent for each early year, instead of 6 per cent under the old rules.

The committee must review all proposed changes to remuneration, which can not be «reduced, increased, or frozen» without prior recourse to a committee, and is to review overall remuneration — salary, pensions, and other benefits are part of that.

The proposed changes include an exemption from the Pension Protection Fund and a separation from Tata Steel UK.

In Pensions Expert's coverage of the proposed scheme changes by BSPS, Rosalind Connor provides her input on the potential consequences of such changes.

Anna Copestake, senior associate at ARC Pensions Law, discusses the proposed changes and the likely impact.

INEOS in relation to the industrial relations dispute at Grangemouth oil refinery which centred on proposed changes to the pension scheme.

Recent proposed changes to the Police Pension Scheme and the intention of government to repeal Section 2 of their Pension Regulations is causing great concern amongst those who are told that, as they do have contracts and are not employees, can be coerced in to joining a pension scheme which will cost them more, for longer whilst paying less bPension Scheme and the intention of government to repeal Section 2 of their Pension Regulations is causing great concern amongst those who are told that, as they do have contracts and are not employees, can be coerced in to joining a pension scheme which will cost them more, for longer whilst paying less bPension Regulations is causing great concern amongst those who are told that, as they do have contracts and are not employees, can be coerced in to joining a pension scheme which will cost them more, for longer whilst paying less bpension scheme which will cost them more, for longer whilst paying less benefit.

Recent proposed changes to the Police Pension Scheme and the intention of government to repeal Section 2 of their Pension Regulations is causing -LSB-...]