Sentences with phrase «funded pension liability»

One could argue that EK's under - funded pension liability is not an urgent issue because the company has lots of time to pay off that liability.

Not exact matches

Some firms, such as Caterpillar Inc., are saddled with pension liabilities that need to be funded.

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.

The higher bond yields go, the more pension funds will buy as they look to lock in long - term income streams to meet their liabilities.

(a) Schedule 2.7 (a) of the Disclosure Schedule contains a list setting forth each employee benefit plan, program, policy or arrangement (including any «employee benefit plan» as defined in Section 3 (3) of the Employee Retirement Income Security Act of 1974, as amended («ERISA»)(«ERISA Plan»)-RRB-, including, without limitation, employee pension benefit plans, as defined in Section 3 (2) of ERISA, multi-employer plans, as defined in Section 3 (37) of ERISA, employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obligation.

When I said that the cult of equity was dying, what I meant was that those investors and those liabilities structures such as pension funds and insurance companies that have depended on a 6.5 % constant real return from stocks such as we've have had over the past century are bound to be disappointed.

They also threaten the viability of money market funds and make life tough for investors with nominal liabilities, such as insurers and pension funds.

As a vice chairman for Goldman Sachs in Europe, Mr. Draghi was a proponent of nations and pension funds using derivatives to manage their liabilities.

But it is faithful to the spirit — namely, that governments as well as pension funds can make use of derivatives to better manage their liabilities.

In Italy and later, as a vice chairman for Goldman Sachs in Europe, Mr. Draghi was a proponent of nations and other institutions like pension funds using derivatives to more efficiently manage their liabilities.

Much in the manner of institutional pension funds, individuals can now think in terms of their retirement liability — the money they will want to pay themselves every year in retirement.

• Asset and liability management of all insurance and financial accounts and of all money flows related to those in the pension insurance fund.

A big drop in returns would be particularly vexing for pension funds, which are counting on private equity, hedge funds and other so - called alternative investments to help them meet their mounting liabilities.

The New York City bill would have imposed roughly $ 400 million in new costs on city taxpayers in the next four years, adding billions in liabilities to an already under - funded pension system.

Not by coincidence, New York City's fire and police pension funds also have large unfunded liabilities.

Moody's found that in New York City pensions there have not been as well funded, with unfunded liabilities increasing in recent years.

But the Conservatives claimed the government was planning to «snatch» Royal Mail's pension funds assets and assume its liability, effectively converting the pension scheme from a funded scheme into a pay - as - you - go scheme.

Royal Mail's pension fund has assets of # 21.9 billion and liabilities of # 25.3 billion, giving a net deficit of # 3.4 billion.

It also is a sign of the contentious relationship between Tops and the Teamsters fund, stemming from a separate dispute over the retirement fund's claim that Tops could face a pension liability of more than $ 180 million.

The scheme has to be fully funded (i.e. employer contributions must be set to meet 100 % of existing and prospective pension liabilities including pension increases) or have a plan to become so.

The liability to pay these benefits, both currently and in future years is financed by employee and employer contributions and income from investment of the Pension Fund.

While it has received # 28.8 billion of assets from the pension fund, it has also been left with # 37.4 billion of liabilities, which are the pension promises made to Royal Mail's workers.

The city will spend $ 9.4 billion to fund its pension system this year, with the goal of fully funding the $ 160 billion system's liabilities by fiscal year 2032.

Barring a major market recovery, pension funds across the country will have new, large unfunded liabilities.

Using estimates from the pension funds themselves, the Pew Center on the States estimates that the unfunded liabilities of state and local governments for retirement benefits total roughly $ 1 trillion.

The sponsors of private plans must therefore contribute much more for every dollar of promised benefits than governments contribute to teacher pension plans that value liabilities using an 8 percent assumed return on portfolios heavily weighted with stocks, hedge funds, or private equity.

Unlike the teacher pension system, payments for retiree health insurance are typically pay - as - you - go (i.e., no employer fund is created to pay for these future liabilities).

The massive unfunded liabilities of teacher pension funds virtually guarantee that these costs will continue to increase for public schools.

Matters are made worse by legislatures that juice up the benefit formula when the stock market is up and the value of pension funds is high, only to find the systems saddled with even larger unfunded liabilities when the market turns sour.

Under DB plans, individual benefits are not tied to contributions, so the pension fund as a whole is supposed to accumulate enough money to pay for the accrued liabilities.

Unfunded pension liabilities pose an enormous threat to states» ability to fund public services, including education.

The district's rapidly increasing obligations to the Chicago Teachers» Pension Fund represent one of its biggest liabilities, putting enormous stress on the school system's budget as it makes hundreds of millions of dollars worth of annual pension paPension Fund represent one of its biggest liabilities, putting enormous stress on the school system's budget as it makes hundreds of millions of dollars worth of annual pension papension payments.

And as a result many pension funds now carry billions of dollars in unfunded liabilities forcing them to allocate more money to pay off their debts.

But the Education Funding Agency stepped in last year to pay Hampshire County Council a one - off settlement, believed to be in the millions, to prevent pension liabilities of cash - strapped Totton college being transferred to its new sponsor, social justice charity Nacro.

The Teachers» Pension and Annuity Fund had $ 28.3 billion on hand - about half of its $ 55.4 billion in liabilities.

«Key Findings» were (1) City pension costs will dramatically increase to unsustainable levels, (2) Rising pension costs will require cities to nearly double the percentage of their general fund dollars they pay to CalPERS, and (3) Cities have few options to address growing pension liabilities.

Don says — Now that Brown has used Prop 30 to fund some of the pension liability (rather than to save public education as 30 was sold to the public) and dumped the rest of the liability on districts how much will students get?

Given the disastrous state of the CA teacher pension fund (STRS), it's hard to grasp the magnitude of the unfunded liability taxpayers owe for the REST of their «public servants.»

Democrats for Education Reform Illinois (DFER - IL) Calls for Comprehensive Education Funding and Pension Reform in Statement from the State Director Illinois pension liabilities are consuming vital state dollars and crowding out money for educaPension Reform in Statement from the State Director Illinois pension liabilities are consuming vital state dollars and crowding out money for educapension liabilities are consuming vital state dollars and crowding out money for education...

However, if TRS's unfunded liabilities do continue to increase, as recent pension - fund history would indicate, retirement costs will crowd out funds for downstate and suburban classroom spending even further.

The city of Pittsburgh boasted one of the worst - funded municipal pension plans in the country last year at this time and faced a state takeover of the system unless officials could raise funding levels to at least 50 percent of liabilities.

Recent reforms have further whittled away at pensions by cutting benefits and imposing greater restrictions for new hires in an attempt to pay down liabilities accrued over years of inadequate funding and poor returns in the stock market.

Institutional investors, such as pension funds, mutual funds, unit investment trusts, endowments, insurance companies and others looking for diversification or to match liabilities can use these securities to help ensure their investment goals are met and to protect the value of their investments.

And that's not even considering unfunded liabilities and unfunded public pension funds, which have the implicit backing of the US Treasury.

That is, 100 % of the fund's assets are used to support pension liabilities, and all of its assets are classified as segregated current pension assets.

As the asset is not being dealt with for the sole purpose of enabling the fund to discharge all or part of its liabilities in respect of superannuation income stream benefits, it can not be a segregated current pension asset under subsections 295 - 385 (3) or 295 - 385 (4) of the ITAA 1997.

An asset, commonly, stops being a segregated current pension asset when the fund ceases holding the asset «solely» to meet liabilities it has in relation to superannuation income stream benefits payable at that time.

The exempt proportion under this provision for an income year is the: average value of a fund's current pension liabilities for the year, divided by the average value of its superannuation liabilities for the year.

At the time an employer pays out qualified pension funds, through retirement or for any other reason, the IRS requires 20 percent withholding to cover future income tax liabilities and penalties.

Sun Life Institutional Investments (Canada) Inc. specializes in managing private asset class pooled funds and liability driven investing strategies for defined benefit pension plans and other institutional investors in Canada through its affiliation with Sun Life Assurance Company of Canada.