Sentences with phrase «changes to their pension funds»

Among the explanations that have been put forward are the increased credibility of central banks in controlling inflation (inflation rates remain below 3 per cent across the developed world), the low level of official interest rates in the major economies reflecting low inflation and the continuing weakness in some economies, a glut of savings on world markets particularly sourced from the Asian region, and changes to pension fund rules in some countries which are seen as biasing investments away from equities towards bonds.

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.

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.

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»).

Trotsky said the pension has about 10 percent of its money in PE — around the national average for large public retirement funds — and has no plans to change that.

We do support, however, changes to the funding and management of the federal employees» pension plans, including the move to more equitable contribution rates, changes in retirement provisions for new employees, among others.

It also has been a sometime tool of activist hedge and pension funds for legitimate corporate governance changes, but left - leaning state and local pension funds and union pension funds have often used it to achieve political or social ends not shared by other investors.

Companies undergoing a change of ownership are encouraged to seek clearance for the deal from the TPR and explain how they will protect the pension fund going forward.

The changes also will force some public pension funds to calculate retirement benefits using more conservative assumptions.

Cuomo will be joined this morning on a telephone press conference by good government advocates who will add their voices to his call for pension fund reform that would change management of the fund from a sole trusteeship to a board system.

Instead, there would be a tax cut of 4p in the basic rate, funded by changes to the tax system as it related to pension contributions, capital gains and pollution.

It would require an act of the Legislature to change the way the pension fund is managed.

From noon to 3 p.m., climate change activists will rally and deliver pension fund divestment petitions to state Comptroller Tom DiNapoli, 59 Maiden Lane, Manhattan.

«Mr. DiNapoli has made some helpful changes in the comptroller's office in an effort to shield the $ 125 billion pension fund from political influence.

Forand also cited DiNapoli's audits of state and local governments and school districts that save taxpayers millions of dollars statewide while using the investment clout of the pension fund to influence corporate behavior such as in addressing climate change.

DiNapoli has sought to leverage the pension fund to produce changes in fossil fuel companies as an activist shareholder.

DiNapoli says he'll use his influence as trustee of New York's $ 192 billion dollar state pension fund to «seek out sustainable investments and changes in corporate behavior» to help the Paris Agreement «become a reality».

The governor also said he would push for a change to the state constitution that would deprive a convicted public official of a pension, end the use of campaign funds for personal use and curtail legislative «per diem» payments to cover only actual expenses.

Mr. DiNapoli also announced the pension fund had withdrawn shareholder proposals at three energy companies due to their climate - change disclosure policies.

Malloy said Connecticut's pension fund system is broken, and, if nothing changes, in the year 2032 the state will have to pay $ 13 billion dollars in retirement benefits when it reaches what Malloy called «a fiscal cliff.»

Liberal Democrat pensions spokesman David Laws said the ruling showed people who lost their pensions before the protection fund was set up were «grotesquely short - changed» and said ministers must now recognise their «moral responsibility» to help.

Also, for a while there Cuomo was making a push to change the sole trusteeship of the state pension fund — basically the biggest power the comptroller has — into a board system.

Cuomo, who is pushing for the sole trusteeship of the pension fund to be changed to a board oversight system, has so far refused to endorse DiNapoli's bid to keep the office to which he was elevated by his legislative colleagues in 2007.

Doctors say the changes disproportionately impact their field, as physicians will see their contributions to pension funds rise more than other public sector employees.

DiNapoli said he'll use his influence as trustee of New York's $ 192 billion state pension fund to «seek out sustainable investments and changes in corporate behavior» to help the Paris agreement «become a reality.»

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.

The «End New York Corruption Now Act» would also expand the powers of the attorney general's office to prosecute public corruption, create new criminal categories for undisclosed self - dealing and bribery, and change the pension forfeiture rule passed earlier this year to prevent state funds being used even to provide for a convicted official's spouse or children.

In response, DiNapoli said the retirement system is already a leader among public pension funds in seeking to push a low carbon economy and getting corporations to address climate change issues, such as through shareholder resolutions aimed at companies like ExxonMobil.

The incumbent showed more enthusiasm in describing reforms he's led to how the pension system is run, including changing the fee structure for investors hired to grow the funds.

Cuomo outlined several changes he said should take place, including full disclosure of all outside income for legislators; stopping the personal use of campaign funds; updating campaign finance laws to require more disclosure; and removing state pensions from lawmakers convicted of public corruption.

He has promised dramatic changes to the state's pension system and its formula for funding schools, over the objections of his old enemies in organized labor.

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.

«I want to use the pension fund and invest it wisely and use it as a vehicle for change,» Spitzer said, referring to the pension funds as «our money.»

Octopus and the companies it backs stand to gain from such changes, of course, and a further step forward would be if pension funds were encouraged to invest in high growth small businesses.

If they set a floor for employer pension contributions, states would simultaneously have to change the rules that govern pension funding.

Wishing away the funding problems won't change the fact that current defined benefit pension plans are simply not delivering sufficient retirement benefits to the majority of the teaching workforce.

FILE - In this April 13, 2018 file photo, teachers from across Kentucky gather inside the state Capitol to rally for increased funding and to protest changes to their state funded pension system in Frankfort, Ky..

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

He won't even reprimand the union for its reptilian attempts to depose Steve Sweeney — NJEA is backing Fran Grenier, a Trump - supporting, climate change - denying, immigration foe — because the Senate President can do math and wouldn't allow an amendment on the ballot to fully fund pensions because such lunacy would fast - track state bankruptcy.

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

Wishing away pension funding problems won't change the fact that current plans are simply not delivering sufficient retirement benefits to the majority of the teaching workforce.

Despite these changes, state pension funds fail to provide all new teachers with sufficient retirement benefits.

«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.

3) National: David Webber urges a rule change by the Labor Department to ensure that public pension trustees act in the interest of public employees, and not use pension fund money to promote outsourcingto private, for - profit companies that kill public jobs.

That changed, though, in 2007, when lawmakers and Rell adopted a proposal from Treasurer Denise L. Nappier to borrow roughly $ 2 billion and deposit it into the cash - starved pension fund.

More importantly, these allocations don't change much over time, because pension fund managers are less likely to chase performance and buy what's hot.

If the pension contained mutual funds, the disbursed amount may differ from the amount quoted to you when you spoke to the representative because stock prices may have changed between your conversation and the processing of the transaction.

Janet's fund will need to keep a record of Janet's request to change the payment rules for her pension.

Phased switching or lifestyling, often the default investment option for pensions, was designed to help maintain the level of annuity that people can buy by gradually investing their funds in assets that change in line with annuity rates as they approach retirement.

Phased switching or lifestyling, often the default investment option for pensions, was designed to help maintain the level of annuity that people can buy by gradually investing their funds in assets that change in line with annuity rates as they approach retirement approaches.