Sentences with phrase «for federal pensions»

These included the introduction of the Canada Child Benefit and the restoration of the age of eligibility for federal pensions to 65 from 67, coupled with increased infrastructure spending in the March 2016 Budget.

The Windfall Elimination Provision affects workers who reach age 62 or become disabled after 1985 and are first eligible after 1985 for a Federal pension.

As it was, he was the most marketable fit for the political machine, which drives both the Democratic and Republican parties, that really doesn't change anything other than the faces in power and on the Federal payroll who qualifies for the Federal pension system while regular people see their earning power shipped offshore.

Posted to: Career fulfillment October 9th, 2009 Del.icio.us As it was, he was the most marketable fit for the political machine, which drives both the Democratic and Republican parties, that really doesn't change anything other than the faces in power and on the Federal payroll who qualifies for the Federal pension system while regular people see their earning power shipped offshore.

Not exact matches

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.

Bonds issued to finance things like stadiums, replenishment of a municipality's underfunded pension plan, or investor - led housing are a few examples of issues that would not qualify for federal tax exemption.

Looking years out at the election calendar, Trudeau's strategists pushed early for federal - provincial initiatives like Canada Pension Plan reform, a health accord and the framework for fighting climate change.

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.

Past achievements include building the case for deficit reduction in the 1980s and early 1990s, for consolidation of the Canada and Quebec Pension Plans in the late 1990s, a series of shadow federal budgets and fiscal accountability reports in that began in the 2000s, and work on marginal effective tax rates on personal incomes and business investment, which has laid the foundation for such key changes as sales tax reform, elimination of capital taxes, and corporate income tax rate reductions.

In the future, pension benefits will become a major cost driver for the federal government, which could put pressure on the government to maintain a sustainable fiscal framework.

However, at the end of 2009 - 10, the Government booked the full liability ($ 5.9 billion) for the one - time HST harmonization costs for Ontario and British Columbia and an increase in accrual liabilities for federal employee pensions of about $ 3 billion.

Expansion of the Canada Pension Plan and the Unintended Effect on Domestic Investment finds that by increasing the Canada Pension Plan payroll tax, the federal and provincial governments will inadvertently shrink the pool of money available for investments in Canada — potentially up to $ 114 billion by 2030.

75, the federal government also introduced virtually all of the major policy innovations that make up Canada's system of social programs: Canada - wide Medicare, universal pensions, the modern unemployment insurance system, and cost - sharing with the provinces for higher education and welfare.

Other direct program spending, consisting of operating expenses for Crown corporation, defence and all other departments and agencies, increased $ 2.3 billion (4.2 %), primarily reflecting increases in federal government employee pension and other future benefit liabilities, reflecting the impact of lower interest rates.

Well, considering that most federal, state and local pensions are VASTLY underfunded AND consistently fail to meet their investment targets, it seems pretty obvious that Plan A for retirement isn't going to work out.

Pension disbursements and annuities may be claimed so long as they will continue for at least another 36 months, as can social security and disability payments from the federal government.

It shows that assertions questioning the capacity of the FEDERAL government to pay for programs, usually prefaced with the call for â $ ˜â $ ˜adult conversationsâ $ ™ â $ ™, and couched in terms such as fiscal sustainability, solvency, and unfunded liabilities, are red - herrings that will lead to needless reductions and privatizations of public programs in health care, elder care, pensions and so on.»

The Mining Association of Canada has also prepared a prebudget submission for the federal government that asks for interest charges on tax payments due this year to be waived and more time for miners to make pension plan payments.

The new credit office at Canada's Public Sector Pension, which manages $ 112 billion for federal public servants, will include loan originations and other alternative debt securities, said Jessica McEachern, a PSP spokeswoman.

The Mining Association of Canada has also prepared a prebudget submission for the federal government that asks for interest charges on tax payments due next year to be waived and more time for miners to make pension plan payments.

The federal government is not responsible for the liabilities of the Canada Pension Plan or that of the provinces, nor should it be.

You can add another $ 800 billion a year if you budget for future commitments, such as the future cost of pensions for our current standing military, so while the Defense appropriation is $ 640 billion, the actual cost to tax payers has been estimated at $ 1.7 trillion dollars each year — about 40 % of the annual Federal budget.

But to the extent that it ignores the finger Lincoln points at the Civil War — to the extent that it forgets the decimation of a generation of young Americans at the beginnings of manhood; to the extent that it forgets the windrows of corpses at Shiloh, the odor of death in the Wilderness, the walking skeletons of Andersonville, 623,000 dead all told, not to mention the interminable list of those crippled, orphaned, and widowed whose pensions became the single largest bill paid by the federal government for the following half - century; to the extent that it ignores how the war cost the United States $ 6.6 billion, rocketed the national debt from $ 65 million to $ 2.7 billion, retarded commodity growth for the next thirty years, and devalued its currency — then the call for reparations opens itself up to a charge of willful forgetfulness so massive that resentment, anger, and bitterness, rather than justice, will (I fear) be its real legacy.

j Major benefit programs not included in the core analysis, for reasons explained in the text, include civil - service retirement and other federal civilian retirement programs ($ 73 billion), military retirement ($ 51 billion), and veterans» compensation, pensions, and readjustment benefits ($ 56 billion).

Former Suffolk Conservative chairman Edward Walsh, recently convicted on federal corruption charges, has failed to qualify for an immediate state pension in a ruling that could cost the former corrections lieutenant thousands of dollars in lost benefits.

Thousands of upstate retired Teamsters have dodged a potential pension cut — at least for now — thanks to a recent decision by the federal government.

The omnibus extraordinary session package also provides a financial incentives to entice Vernon Downs racino and harness track to remain open; offers $ 55 million in relief for Lake Ontario communities ravaged by flooding; tweaks a law to allow New York City first responders to receive an accidental disability pensions even if they don't receive a federal Social Security disability pension; and creates a 250 - acre forest land bank to allow for certain public utility projects under a constitutional amendment.

The New York Times, for example, reported that Cuomo plans to fund the new Tappan Zee Bridge with $ 3 billion in bonds backed by toll revenue and $ 2.2 billion with loans from union pension funds and the federal government.

A recent decision by the federal Department of Justice to scale back and eventually end the use of private prisons indirectly impacted New York City's pension funds, reducing holding values by millions of dollars and leading to renewed calls from activists for the city to divest from the for - profit corporations that operate these prisons.

Kaminsky, a former federal prosecutor, made passage of stringent reforms on the income and pensions for public officials the center of his campaign in the brutal fight with Republican candidate Chris McGrath.

ALBANY — The day after former Assembly Speaker Sheldon Silver was convicted of federal corruption charges he filed for a state pension that makes him eligible for an estimated $ 85,000 to $ 98,000 in annual benefits.

Today, the U.S. Appeals Court for the Second Circuit denied disgraced former Bronx Assemblyman Eric Stevenson's appeal of his federal trial judge's order seizing his pension contributions assets that can be used to pay his $ 22,000 restitution penalty.

He was stripped of his badge and gun in April as a result of the federal probe, and on May 24, he filed for retirement, in an effort, some sources say, to protect his pension.

Those proposals include stripping public officials who are convicted of corruption of their pensions, while also new penalties for those who use county committees to circumvent donor limits — another area in which de Blasio has come under scrutiny by federal investigators.

In 1893, for example, the $ 165 million spent on military pensions was the largest single expenditure ever made by the federal government.

In 1894 military pensions accounted for 37 % of the entire federal budget.

President Buhari also commended Governor Simon Lalong for his achievements in the development of the state, ensuring regular payment of salaries and pensions, strides in the Agricultural sector and assured that the Federal Government will continue to work with Plateau State government.

Key issues ASUU demands the federal government to address includes: Non Payment of Salaries; Non Payment of Earned Academic Allowances; Non release of operational License of NUPEMCO; Non Implementation of the provisions of the 2014 Pension Reform Act with respect to Retired Professors; Removal of the University Staff School from government funding; funds for the revitalization of Public Universities amongst others.

«the compensation system for federal judges in the United States creates a very powerful economic incentive to retire at a reasonable retirement age by virtue of how the defined benefit pension plan works, that most judges assent to not long after reaching that age.»

But, the compensation system for federal judges in the United States creates a very powerful economic incentive to retire at a reasonable retirement age by virtue of how the defined benefit pension plan works, that most judges assent to not long after reaching that age.

Following his conviction on federal corruption charges, former Senate Majority Leader Dean Skelos apparently will qualify for a public pension of up to $ 95,590 a year.

U.S. Senate Minority Leader Chuck Schumer and Rep. Peter King joined Long Island Teamsters in calling for union pension shortfalls to be funded through Treasury bonds tied to the federal budget.

In fact, Rattner was also being advised by his lawyers to make himself a lower - profile target for federal and state investigators who were probing whether he had paid off a middleman to win a lucrative contract from New York's pension system while he worked on Wall Street, a government source said Wednesday.

Among the findings: States will face continued pressure due to skyrocketing Medicaid costs, underfunded pensions for retired public employees and volatile tax revenues, as well as reduced federal funding.

The National Pension Commission (PenCom), on Wednesday issued compliance certificates to more than 4,000 firms to enable them bid for Federal Government contracts.

(Press Release) Concerned about the plight of pensioners who retired under the Contributory Pension Scheme without being paid, the Federal Government has cleared the inherited arrears of accrued pension benefit for the year 2014, 2015 and 2016 by releasing N41.5 billion to the National Pension Commission (PENCOM) for onward payment to the retirees, Minister of Finance, Mrs. Kemi Adeosun has disPension Scheme without being paid, the Federal Government has cleared the inherited arrears of accrued pension benefit for the year 2014, 2015 and 2016 by releasing N41.5 billion to the National Pension Commission (PENCOM) for onward payment to the retirees, Minister of Finance, Mrs. Kemi Adeosun has dispension benefit for the year 2014, 2015 and 2016 by releasing N41.5 billion to the National Pension Commission (PENCOM) for onward payment to the retirees, Minister of Finance, Mrs. Kemi Adeosun has disPension Commission (PENCOM) for onward payment to the retirees, Minister of Finance, Mrs. Kemi Adeosun has disclosed.

Court ruling could allow feds to seize Silver and Skelos» pensions By Kaja Whitehouse August 17, 2016 2:46 pm A federal Court of Appeals ruling Wednesday could pave the way for federal authorities to seize the state - protected pensions of corrupt... Continue reading →

Offering some alternatives Cuomo might pursue, Steinberg called for mandate relief, a cap on district pension contributions and rolling back state special education requirements that go beyond federal requirements.

After a federal court ruled this week upheld U.S. Attorney Preet Bharara's push to clawback disgraced former Assemblyman Eric Stevenson's pension, Speaker Carl Heastie does not expect the move will make the Legislature change course on a constitutional amendment for pension forfeiture.

In Federal District Court in Manhattan, prosecutors will tell a jury that Seabrook used his power to get financial kickbacks, luxurious trips and designer bags and shoes in exchange for directing $ 20 million of his members» pension and operating funds into a high - risk hedge fund.