Sentences with phrase «benefit pension benefits»

Pension income splitting allows you to split eligible pension income, which generally includes income like defined benefit pension benefits, RRIF withdrawals, etc..

Not exact matches

In 2013, Diamonte was appointed by President Barack Obama and currently serves as chair of the advisory committee for Pension Benefit Guaranty.

Outside the building, union workers said they wanted to draw attention to GE's cuts to pension and healthcare benefits and to close facilities and lay off workers.

The government has therefore brought in new legislation to ensure that everyone in employment would have access to a pension as part of their workplace benefits.

«People are much more insecure, (there's) a lack of benefits, lack of pension, lack of being able to save,» Frost said.

Chriss pegs growth in the contingent work force to structural changes in employment over the past decades, including a decline in enrollment in defined - benefit pension plans and growth in the average duration of unemployment.

Expanding CPP with an optional add - on to the point where many employees wouldn't need a corporate pension at all would allow companies to reduce benefits without leaving their workers in the lurch.

State pension funds, facing a potential multitrillion - dollar shortfall, find themselves in the center of a four - way battle: Employees and retirees expect to be paid their promised benefits; the pension systems have clear obligations but may not have the resources to pay them; politicians are looking for ways to resolve the underfunding and balance the burden among retirees and workers; and state taxpayers, challenged to provide for their own retirements, resent the additional tax load.

After a multi-year round of negotiations between the federal and provincial governments, a deal was reached to increase contributions still further, limit benefits, and accumulate a surplus to be invested in what is now the $ 280 billion Canada Pension Plan Investment Board.

Not only does the process tend to punt difficult decisions to future contracts, but arbitrators often prove sympathetic to union positions, as recently happened when Air Canada flight attendants won a pension that blends elements of the defined benefits and defined contributions models.

Putting all three public pensions together is important because, as I mentioned, higher CPP income can mean lower benefits from the income - tested Guaranteed Income Supplement.

This sum of total benefits is then divided by average career earnings to arrive at the public pension replacement rate shown in the chart.

Job security became more tenuous and pensions and healthcare benefits eroded.

Finally, unions object to proposed comp time arrangements in which hours do not count toward pension benefits.

Take into account the delay in Old Age Security, and the fact that the Canada and Quebec pension plans will pay more to people who put off receiving their benefits, and later retirement becomes even more attractive.

The CPPIB, one of the world's largest pension funds, invests money not needed by the Canada Pension Plan to pay benefits for some 18 million current and retired contripension funds, invests money not needed by the Canada Pension Plan to pay benefits for some 18 million current and retired contriPension Plan to pay benefits for some 18 million current and retired contributors.

In the short run, this spending works as designed: the plant stays open, cars get produced, older workers retire with pensions and benefits and young workers are hired to replace them.

To do this, pension experts like Ambachtsheer and Greg Hurst, a principal with retirement benefits administrator Morneau Sobeco, recommend creating a new kind of multi-employer pension plan into which every working Canadian would be automatically enrolled, though they could opt out or alter the standard contribution rates.

«Just consider,» he explains, «these are full - time positions, hard to come by in the southern Okanagan, with good pay, good benefits and indexed pensions.

An earlier version of this article referred to defined - benefit pension plans maintained by several companies including Weyerhaeuser Canada.

It will withdraw proposed cuts to pensions as well as reductions in accident and disability benefits.

During the first quarter, the company adopted ASU 2017 - 07, «Compensation — Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost.»

The company has applied ASU 2017 - 07 retrospectively for the presentation of the service cost component and the other components of net periodic pension cost and net periodic postretirement benefit cost and prospectively for the capitalization of the service cost component of net periodic pension cost and net periodic postretirement benefit in assets.

The Canadian Labour Congress conducted a campaign through the fall of 2009, calling for contributions to and benefits from the Canada Pension Plan to be doubled.

The focus now was on expanding the Canada Pension Plan, either by increasing contributions and benefits, or raising annual contribution limits, or both.

The news that the Pension Benefit Guaranty Corp. will guarantee assets that savers roll over from 401 (k) accounts to certain pension plans met with a resounding thud in a CNBC Digital readePension Benefit Guaranty Corp. will guarantee assets that savers roll over from 401 (k) accounts to certain pension plans met with a resounding thud in a CNBC Digital readepension plans met with a resounding thud in a CNBC Digital reader poll.

The Teamsters» pension fund is warning hundreds of thousands of members that their benefits may be cut.

Even investors with generous benefits and pension plans must take on some risk to build a decent nest egg, «so do you really care if markets go up or down 15 % over a six - month period?»

Late last year Toyota announced that beginning Jan. 1 new Canadian hires would be enrolled in a defined - contribution pension plan, not the more generous defined - benefit plan enjoyed by current full - time employees.

Bond investors like mutual funds and pension funds hope to buy securities with comparatively higher yields than other asset - backed debt that could also provide diversification benefits.

If the pension goes broke, the PBGC jumps in and pays the benefits.

• I'm glad that I managed to figure out that President Obama's post-Presidential pension and other benefits are worth roughly twice as much as his Treasury proposal would allow regular people to have in pensions and retirement accounts without facing tax penalties.

Had 401 (k) s existed when I began my career and had I been able to max out on contributions, the value of my retirement benefits and pensions would likely have exceeded the proposed limit.

Government has passed painful austerity measures — tax hikes and cuts to benefits, salaries and pensions — to reduce state debt and strengthen confidences in its finances.

Pierlot wrote a paper for the CD Howe Institute in 2011 showing that a person with a salary of $ 75,000 at the end of a 35 - year career would accumulate more than $ 1.4 million in savings through a defined - benefit plan (wherein the pensioner is paid a set income based on past earnings and years of service, mostly confined to the public sector these days) compared to $ 674,711 for someone with no pension but a maxed - out Registered Retirement Savings Plan.

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.

Traditionally, unions have fought hard to improve wages, benefits, hours of work, pensions, health and safety, job security and training for their members.

«There is no long - term accountability in the public sector, so the pensions and benefits can be allowed to balloon out of control,» according to one respondent.

Twelve of the 30 Best Workplaces, or 40 %, offer a defined - benefit pension — an increasingly rare retirement plan offered by only 18 % of private employers surveyed by the Labor Department.

In effect, these countries filed false prospectuses; they fluffed up their assets, disguised the liabilities in their pension and benefit schemes, and managed to adopt the euro at a rate of exchange that exaggerated the value of their currencies.

SHANGHAI, March 21 - Global asset managers are lobbying Beijing to offer tax benefits and other incentives to entice China's aging population to invest in mutual funds for their retirement, as funds eye a multi-trillion dollar opportunity in commercial pensions.

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.

Young people especially are finding it difficult to find full - time jobs with decent wages, benefits and pensions.

Panigirtzoglou and his colleagues calculate that every one percent rise in stock markets will require around $ 25 billion of bond purchases from U.S. defined benefit pension funds alone.

With so many U.S. corporations racing to the bottom — moving manufacturing to foreign countries for cheap labor and no environmental responsibility, taking advantage of the H1 - B Visa program to bring cheap workers in, lowering benefits and eliminating pension plans — it's refreshing to learn that some companies are taking the exact opposite approach.

Benefits offered in addition to flexible schedule: According to FlexJobs, St. Jude's also offers its employees health insurance, unlimited career growth opportunities, a pension plan and vacation time.

CN promptly cut off his pension and other benefits and sued, alleging (among other things) that Harrison had breached contractual obligations.

A major sticking point is Canada Post's proposed shift from a defined benefit pension plan to a defined contribution plan.

Attorney General Jeff Sessions has fired former Deputy FBI Director Andrew McCabe two days before he was slated to retire, and become eligible for full pension benefits.

These companies not only benefit from a stable and dynamic equity marketplace, they also gain access to large pension funds, money managers and other institutional investors.