Sentences with phrase «from pension obligations»

Even when terminal funding was permitted (back in the 1980s to early 90s)-- where plan sponsors could buy annuities from insurers to free themselves from their pension obligations, it typically wasn't a big business, and what did get done transferred credit risk from the plan sponsor to the participant.

Pennsylvania took over Philadelphia's public schools in 2001, and test scores have dropped while the district wrestles with the debt it incurred from pension obligations and funding new charter schools.

So the idea is that the restructured company will walk away from its pension obligations.

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.

Despite the cliché that Italians are living la dolce vita, Italy has been hit hard but the 2008 economic recession and has had to restructure its debt and pension obligations to government workers in order to receive bailouts from the EU.

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»).

These risks and uncertainties include competition and other economic conditions including fragmentation of the media landscape and competition from other media alternatives; changes in advertising demand, circulation levels and audience shares; the Company's ability to develop and grow its online businesses; the Company's reliance on revenue from printing and distributing third - party publications; changes in newsprint prices; macroeconomic trends and conditions; the Company's ability to adapt to technological changes; the Company's ability to realize benefits or synergies from acquisitions or divestitures or to operate its businesses effectively following acquisitions or divestitures; the Company's success in implementing expense mitigation efforts; the Company's reliance on third - party vendors for various services; adverse results from litigation, governmental investigations or tax - related proceedings or audits; the Company's ability to attract and retain employees; the Company's ability to satisfy pension and other postretirement employee benefit obligations; changes in accounting standards; the effect of labor strikes, lockouts and labor negotiations; regulatory and judicial rulings; the Company's indebtedness and ability to comply with debt covenants applicable to its debt facilities; the Company's ability to satisfy future capital and liquidity requirements; the Company's ability to access the credit and capital markets at the times and in the amounts needed and on acceptable terms; and other events beyond the Company's control that may result in unexpected adverse operating results.

But cemetery economics is, from an analytical point of view, pretty much identical to pension economics, except that the «pension obligations» last forever.

The devil in the details: how do you prevent normal business activity (eg: buying Christmas inventory) from taking the value of a weak company below the value of unfunded pension obligations?

The employer has an obligation to deduct Canada Pension Plan contributions (CPP), Employment Insurance premiums (EI) and income tax from remuneration paid in each pay period.

Further, Tribune Publishing emerged after its split from broadcast - centered Tribune, with little to no pension debt; the Tribune Company kept that obligation.

Moody's Investors Service downgraded Cook County's general obligation bond rating to A1 from Aa3 due to the county's «growing pension liability.»

Soaring pension obligations resulting from contracts won by politically influential public employees» unions have become a financial liability for state and many local governments.

In fact, he largely strayed away from criticizing Stringer's record in arguably the most important aspect of the job, instead pivoting to the city's increased operating budget, though he did say the growing public personnel — which has increased dramatically under Mayor Bill de Blasio — has had a negative impact on the city's pension system by increasing obligations.

Illinois Gov. Rod R. Blagojevich should abandon his $ 45 million plans to provide preschool for all of the state's 3 - and 4 - year - olds and health coverage for all uninsured children in Illinois, and instead focus on paying for the state's pension obligations, according to a report from the Chicago - based Civic Federation.

Fiddling with the collective bargaining system will do nothing to counter the system's short - term political instability (from strikes) and its long - term insolvency (from excessive pension obligations).

Far from investing in education, the government has increased the cost burden on schools by 8.5 % by adding extra National Insurance, pension and Apprenticeship Levy obligations.

Atlanta Public Schools Chief Financial Officer Lisa Bracken said the school district has higher costs for several reasons: The expense of city living drives up teacher pay; the district has «low population» schools that lack economies of scale but are kept open «due to urban traffic constraints and community needs;» many students need extra services because they have learning problems or disabilities, don't speak English fluently or come from poverty; and the district has a large unfunded pension liability with growing obligations.

After all, retirement symbolizes the end of standard work obligations, and one's growing income is often replaced by a fixed income from sources like social security and pensions.

Most insurance companies and most pension plans are continually reinvesting money received from maturing obligations into new obligations and also investing new moneys into new obligations, the vast bulk of which will be performing loans held to maturity.

Davidoff in particular, presumably the fellow to which you're (indirectly) referring, has a defined contribution pension plan and an obligation to save (with lots of help from UBC).

Illinois wrestled with its pension obligations all year making headlines but it is general obligation bonds from New Jersey that underperformed the overall market.

[24] According to People's World, «Patriot Coal now wants to be released from its pension and retirement obligations covering more than 20,000 UMWA retirees and beneficiaries in West Virginia, Indiana, Illinois, Kentucky and Ohio....

According to People's World, «Patriot Coal now wants to be released from its pension and retirement obligations covering more than 20,000 UMWA retirees and beneficiaries in West Virginia, Indiana, Illinois, Kentucky and Ohio» [12](see below for more).

It's looking to exit from bankruptcy, the result of falling coal prices, bad business decisions, and huge pension obligations.

In the interim, employers should consider how to deal with potential issues arising from the extended leaves, such as the financial and administrative impact on an employer's policies or agreement to provide top - up pay during the leave, and employer and employee obligations to maintain their share of any payments to pension, medical or other plan beneficial to the employee during the leave.

Relative earning capacity, needs and obligations, this includes income from pension, profit sharing and all sources;

A Judge may be deprived of his office or of his right to a pension or other benefits in its stead only if, in the unanimous opinion of the Judges and Advocates - General of the Court of Justice, he no longer fulfils the requisite conditions or meets the obligations arising from his office.

HMRC's Pensions Tax Manual says that a member may make a contribution by creating a monetary obligation of a specified amount from the member to the scheme and then having a separate agreement to pay an asset across to the scheme in satisfaction of the debt.

The fact that an administrator did not have correct (or any) address information, did not relieve the administrator from the legal obligation to send pension statements.