Sentences with phrase «by public pension»

One is that you're not interested in earning a Social Security benefit because you want to avoid having your spousal Social Security benefit reduced by the Public Pension Offset (also known as the Government Pension Offset).

One is that you're not interested in earning a Social Security benefit because you want to avoid having your spousal Social Security benefit reduced by the Public Pension Offset.

«It's a longer - term issue,» Brainard said of the trend by public pension funds to reduce their targets.

The ones that still do, such as TPG Partners and Apollo Global Management, are already being pressured by public pensions to stop the practice.

Not exact matches

Public pension funds are required by the states in which they are domiciled to report on their PE holdings.

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

The «public pension replacement rate» in this chart is given by the sum of all three main public pension sources (the CPP, Old Age Security, and Guaranteed Income Supplement).

Federal Finance Minister Jim Flaherty first commissioned his own study, authored by University of Calgary tax - policy expert Jack Mintz, then in March initiated a public consultation process, by which time talk of a government - run supplemental pension plan, whether regional or national, began to fade.

Over the past few years, public pensions including California Public Employee's Retirement System (CalPERs) and California State Teacher's Retirement System (Calstrs)-- the largest in the country by assets — have posting mediocre returns due to low interest rates and growing retirement obligapublic pensions including California Public Employee's Retirement System (CalPERs) and California State Teacher's Retirement System (Calstrs)-- the largest in the country by assets — have posting mediocre returns due to low interest rates and growing retirement obligaPublic Employee's Retirement System (CalPERs) and California State Teacher's Retirement System (Calstrs)-- the largest in the country by assets — have posting mediocre returns due to low interest rates and growing retirement obligations.

Even worse, the cost of carrying these well organized groups is very much understated: nearly all the public - sector pension plans are underfunded by hundreds of billions of dollars and taxpayers are on the hook for the difference.

Blackstone Capital Partners VI attracted some of the world's largest private - equity investors, including the California Public Employees» Retirement System and the Canada Pension Plan Investment Board, according to disclosures by the pensionPension Plan Investment Board, according to disclosures by the pensionpension funds.

The project, owned by the kingdom's Public Pension Agency, has been plagued by construction delays, cost overruns and uncertainty about the future of its ownership.

In an era when the pension liabilities of local governments remain a concern, investors may want to consider the debt offered by established public enterprises — airports and utilities, for example — as an attractive alternative to lease revenue and pension obligation bonds.

Recent public spending in top - ranked Norway has bolstered the nation's pension plans, helped in part by the country's massive sovereign wealth fund.

The initial deployment will consist of approximately 120 satellites by 2021, said privately held Telesat, principally owned by Canadas Public Sector Pension Investment Board and Loral Space & Communications Inc..

«Most medium - sized companies won't have a defined benefit pension plan, like those offered by very large companies or the public sector, so they would want to look at a defined contribution plan,» she explains.

Given Osiris's strong five - year record of growth and profitability, Bowers was able to help make Miller's wishes come true: he structured a deal that raised $ 13 million from a large local pension fund — the Pennsylvania Public School Employees Retirement System (see «What Pension Funds Want,» [Article link]-RRB--- by selling a package of subordinated debt and convertible preferred stock, which included a fixed interest rate and dividendpension fund — the Pennsylvania Public School Employees Retirement System (see «What Pension Funds Want,» [Article link]-RRB--- by selling a package of subordinated debt and convertible preferred stock, which included a fixed interest rate and dividendPension Funds Want,» [Article link]-RRB--- by selling a package of subordinated debt and convertible preferred stock, which included a fixed interest rate and dividend yield.

In the provincial public and near - public sectors, pension plans have been moving away from the classic DB structure for nearly 20 years, led by the Ontario Teachers» Pension Plan pension plans have been moving away from the classic DB structure for nearly 20 years, led by the Ontario Teachers» Pension Plan Pension Plan (OTPP).

State and local employees» contributions to the two largest pension systems increased by 10 %, from 5 % to 5.5 % of their annual salaries and increased the retirement benefit age for new public employees, from 55 to 60 years.

Posted by Armine Yalnizyan under Conservative government, deficits, pensions, public infrastructure, public services, Role of government.

Many public pensions are significantly underfunded and their funding problems have been exacerbated by the recent economic downturn.

December 2017 New Jersey Public Pensions Rank Among Least Generous in the Nation By Stephen Herzenberg

The next phase of public pension reform will likely be touched off by a stock market decline that creates the real possibility of at least one state fund running out of cash within a couple of years.

And better yet, if the Fed can keep the pensions thinly solvent by pumping up the stock market, Congress and State Governments can defer the inevitable taxpayer bailout of public pension funds — for now.

This is based on an in - depth study conducted by a good friend of mine who works at a public pension fund.

Investors are not particularly skeptical of proposals by unions and public pensions, but appear to view proposals by individual «gadfly» shareholders as value - destroying.

It also must commit to cutting back pensions and public spending by enough to step up its NATO spending to finance the bombing and destabilization of Syria and the Near East, and over and above this, to accept the cost of supporting all the refugees caused by US policy and its foreign legion in the form of ISIS, Al quaeda and Al Nusra.

Spain will keep public sector wages frozen for a fourth straight year, while pensions will grow by a meager 0.25 % next year.

The deficits can only be reined by a massive political reset and wholesale reneging on the entire social contract, including Medicare, Social Security, public pensions and welfare.

He was clear that wars (and by logical extension, public infrastructure and old - age pensions) always are paid for by the generation that fights the wars, builds the infrastructure or creates the output on which welfare - income transfer payments are spent.

* Note: Mutual fund families, as listed by Strategic Insight (August 2004); institutional money managers, as listed by Institutional Investor (July 2004); and public pension funds, as listed by Pensions & Investments (January 2004).

According to the Center for Retirement Research at Boston Collage, US public pension funds at the state and local level are also underfunded by an average of 67.9 %.

* Note: Public pension funds, as listed by Pensions & Investments (Jan. 2006); Money managers, as listed by Institutional Investor America's Top 300 (2005); and Mutual fund families, as listed by Strategic Insight (Nov. 2005.)

Public Sector Pension Investment Board, Canada's fifth - largest pension plan, said last month it intends to open a loan - origination business in New York by yearPension Investment Board, Canada's fifth - largest pension plan, said last month it intends to open a loan - origination business in New York by yearpension plan, said last month it intends to open a loan - origination business in New York by year - end.

Using real - world rates of return, public pensions are currently underfunded by at least $ 5.2 trillion.

But rather than supporting the idea that all Canadians should have comfortable retirements — say, by reforming CPP, and protecting private sector employees against company bankruptcy — the authors see public sector pensions as just more «premium.»

Eroding pension plans by shifting risk onto vulnerable employees and retirees with limited ability to absorb income cuts is quite in keeping with the Harper government's determination to lower the boom on public sector workers and improve the profitability of their corporate friends in the private sector.

Cities and states will preserve their credit ratings by annulling their pension obligations to public - sector workers, and raising excise and sales taxes — but not property taxes.

And make no mistake, if you are covered by a large institutionalized pension fund, public or private, your fund is equally as underfunded — it just has not yet been affected but it will be sooner or later.

Los Angeles Fire and Police Pension System's buyout portfolio generated the best performance among US public pensions since vintage 2004, according to a study by HEC Paris.

«To ensure public shareholders are not disadvantaged, any takeover bid would need to be put to a shareholder vote and any recommendation by the board would have to be based on an appropriate premium as well as safeguards for future probity given past track records of the businesses controlled by the Murdoch family», said Kieran Quinn, chairman of Britain's Local Authority Pension Fund Forum (LAPFF).

The average Chicago property tax bill is going up about 10 percent this year following City Hall and Chicago Public Schools tax hikes to pay for police, fire and teacher pensions, according to calculations released Tuesday by the Cook County clerk's office.

Third, it is no longer clear in many cases just who the owners are, with millions of shares of stock being held by the public, many by individuals but also many by pension funds, insurance companies and other investment concerns.

Where there are public retirement systems, workers are asked to replace them by a pension fund mechanism that subjects their own employers to the sole imperatives of immediate profitability, extends the sphere of influence of finance, and persuades citizens of the obsolescence of institutions of solidarity between nations, peoples, and generations.

Hewitt Cattle Australia, backed by one of Canada's biggest pension funds, the Public Sector Pension Investment Board, has snapped up a 15 per cent stake in Australia's leading organic beef company Arcadian Organic & Naturapension funds, the Public Sector Pension Investment Board, has snapped up a 15 per cent stake in Australia's leading organic beef company Arcadian Organic & NaturaPension Investment Board, has snapped up a 15 per cent stake in Australia's leading organic beef company Arcadian Organic & Natural Meat.

After a very mediocre spell in club football (including a relegation), the ex-Villa captain decided to secure a public sector pension by working with the FA.

Speaking at a public meeting in which the Park District's $ 385 million budget was unveiled, Laurence Msall, president of the Civic Federation, said the tax watchdog group supported the district's restraint in not raising property taxes and increasing employee contributions to health care costs, but was troubled by the «pension holiday.»

We argued that there should be an increase of employee contributions to all unfunded public sector pension schemes by a third.

The warning came in a report by the Commons» influential public accounts committee which attacks the Department for Work and Pensions (DWP) for not doing enough to detect evidence of fraud at A4e, one of the biggest firms it has paid to implement welfare - to - work schemes.

Cuomo's press conference comes on the heels of a WSJ report by Jacob Gershman (subscription required) in which the AG called public employee pensions «disproportionate,» but stopped short of backing a plan to shift more of the cost — and risk — to workers.