Sentences with phrase «benefit pension plans for»

It has created considerable uncertainty over the priority status afforded to pension plan wind - up deficits, particularly in insolvency proceedings involving the plan sponsor, and the effects on availability of credit for all organizations that provide defined benefit pension plans for their employees.

Our research program focuses on the role and value of defined benefit pension plans for employers, employees, and the public at large.

Even if they do, it's a tiny pittance compared to how much employers were compensating employees back in the good «ol days with actual defined benefit pension plans for retirement.

Defined benefit pension plans for teachers and government workers typically pay 2 % per year of service if you retire at 65, and offer either full or partial protection from inflation, says FitzGerald.

Our mission is to effectively protect defined benefit pension plans for public employees and to ensure that these plans continue to provide the foundation of a secure retirement.

And just how do the teachers unions, which demand defined benefit pension plans for its members, treat their own employees?

When it comes to pension plans, public employee unions (PEUs) insist on defined benefit pension plans for its members.

My analysis is a simulation of pension benefits based on the parameters of Ohio's defined - benefit pension plan for teachers (as described by Costrell and Podgursky) applied to workforce participation histories in the National Longitudinal Survey of Youth (NLSY).

The MEA operates a defined benefit pension plan for its employees.

They could set up a defined benefit pension plan for their own company.

Immediately after our interview, Paul got a job with the B.C. government, and has been a member of its defined benefit pension plan for 10 years.

An individual pension plan (IPP) is simply a defined benefit pension plan for one member.

If they do all this, when they retire at 60, they'll have a paid - off home, a paid - off rental property with a healthy income stream, topped - up TFSAs, substantial RRSPs, a good defined benefit pension plan for Colin, as well as other savings.

The dollar amount used to determine excess employee compensation with respect to a single - employer defined benefit pension plan for which the special election has been made is $ 1,115,000.

The defined benefit pension plan for municipal employees in Ontario will acquire the business from New Mountain Capital, and the Alexander Mann management team led by Rosaleen Blair will also participate in the buy - out.

Not exact matches

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.

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.

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 Pplan (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 PlanPlan.

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.

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.

Corey Rosen, executive director at the National Center for Employee Ownership, in Oakland, Calif., suggests reminding employees that a stock - option grant rarely replaces more traditional benefits such as a pension plan and therefore should be viewed as a bonus — one that in some cases may never be worth a dime.

That's pretty much what the federal government has been doing since 2006, with tweaks such as abolishing mandatory retirement, a graduated rise in the eligibility age for OAS benefits and new tax - sheltered savings vehicles in tax - free savings accounts and pooled registered pension plans.

Torstar is investigating a merger of its pension plan assets with a multi-employer plan called CAAT, which would take over the obligation for paying past accrued benefits and future pension benefits of Torstar employees.

Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).

Union workers for Costco in California also have a defined benefit pension plan.

We've made some choices about salaries and benefits — offering a full pension plan and medical benefits, for instance — that are in everyone's interests.

If the company you worked for closed or if its plan has been terminated, check the Pension Benefit Guaranty Corporation.

• 35 % of retirees have less than $ 1,000 in savings and investments that could be used for retirement, not counting their primary residence or defined benefits plans such as traditional pensions; 53 % have less than $ 25,000.

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.

The ITA sets contribution limits for DC pensions and RRSPs, and maximum benefit limits for DB plans, including ancillary benefits.

I thought I was set for retirement with pension plan benefits kicking in after 30 years of service.

Products and services for employers and employee benefit plan participants, including 401 (k) s, pensions, stock plans, health savings accounts, and workplace managed accounts

The problem is that the state - mandated pension plans for school - district employees are defined benefit plans, which means the amount of future benefits is guaranteed and has to be funded by the taxpayers and / or investment income.

The days of a defined benefit pension plan are a thing of the past for most workers and we are responsible for the amount we save for retirement and how we invest that money.

In the six - month period of fiscal 2018, the company incurred gains of $ 14 million in Other expenses / (income)($ 10 million after tax, or $.03 per share) associated with mark - to - market adjustments for defined benefit pension and postretirement plans.

For the year ended July 30, 2017, the company incurred gains of $ 178 million in Other expenses / (income)($ 116 million after tax, or $.38 per share) associated with mark - to - market adjustments for defined benefit pension and postretirement plaFor the year ended July 30, 2017, the company incurred gains of $ 178 million in Other expenses / (income)($ 116 million after tax, or $.38 per share) associated with mark - to - market adjustments for defined benefit pension and postretirement plafor defined benefit pension and postretirement plans.

Among the largest unsecured creditors listed in the petition are the Pension Benefit Guaranty Corp., which is the US government's insurer for failed private - sector pension plans, and the Marlin Firearms Company Employees PensioPension Benefit Guaranty Corp., which is the US government's insurer for failed private - sector pension plans, and the Marlin Firearms Company Employees Pensiopension plans, and the Marlin Firearms Company Employees PensionPension Plan.

«These findings raise serious questions about the policy needs for future pensionless cohorts, such as the adequacy of benefits from Old Age Security, the Guaranteed Income Supplement, and the Quebec and Canada pension plans,» the report states.

«The panoply of public policies offering «voluntary» options for saving - such as RRSPs, TFSAs, group RPPs, and the most recent Pool Registration Pension Plans - have demonstrated their inadequacy to address the shortcomings in declining workplace pensions and a Canada Pension Plan with limited benefits,» the study concludes.

CPP Death Benefit The Canada Pension Plan death benefit is a one - time, lump - sum payment to your estate that can help to pay for funeralBenefit The Canada Pension Plan death benefit is a one - time, lump - sum payment to your estate that can help to pay for funeralbenefit is a one - time, lump - sum payment to your estate that can help to pay for funeral costs.

Prior to the payment of a survivor benefit, survivors of Combined Plan members must agree to transfer both the deceased member's employer contributions and individual defined contribution account to the Traditional pension Plan for payment of benefits.

In addition to the disability and retirement benefits available to Traditional Pension and Combined plan members, their survivors may qualify for benefits if the member dies before age and service retirement or while receiving a disability benefit.

The government will introduce legislation for the Pension for Life plan, which will include benefits to support Canada's veterans.

Worst of all is the pension plan for MPs — both because its exceptionally lavish benefits are totally unfunded, and because it's the scheme for elected representatives who need to lead national reforms.

All other department and agency expenses increased by $ 1.6 billion (3.2 %), largely reflecting an increase in actuarial liabilities for claims and employees» pension and other future benefit costs, the latter reflecting the impact of low interest rates on plan assets.

DC investment forum On October 5 and 6, Look for MFS» regional DC team members at the Benefits Canada DC Investment Forum in Toronto as they join senior representatives from Canada's largest DC pension plans, consultants and leading providers in discussing how plan sponsors and the DC pension industry can help plan members optimize their outcomes.

There are a limited number of employer - sponsored defined benefit plans (pensions) available as it is, said Henry Ford, principal and senior advisor for LifeSteps Financial, a registered investment advisory firm.

And for defined benefit plan sponsors, the pension plan expense is as volatile as ever.

They are the next best thing to the old fashioned defined benefit pension plans that so many long for.

The PSAC has been working with the Canadian Labour Congress for some time to press the government to double those benefits, increase the GIS and establish a national pension plan insurance fund.