Sentences with phrase «government employee pension plan»

While federal and provincial leaders debate how to solve the pension crisis during meetings in Whitehorse this week, an interesting proposal has been suggested by the head of Ontario's municipal workers pension plan: let anyone join a government employee pension plan.

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.

The federal and provincial governments are in talks to introduce the Pooled Registered Pension Plan (PRPP), which is targeted at self - employed individuals and employees without pension plans at small - to medium - sized busiPension Plan (PRPP), which is targeted at self - employed individuals and employees without pension plans at small - to medium - sized busipension plans at small - to medium - sized businesses.

Among the largest unsecured creditors listed in the petition are the Pension Benefit Guaranty Corp., which is the US government's insurer for failed private - sector pension plans, and the Marlin Firearms Company Employees PensioPension Benefit Guaranty Corp., which is the US government's insurer for failed private - sector pension plans, and the Marlin Firearms Company Employees Pensiopension plans, and the Marlin Firearms Company Employees PensionPension Plan.

Published in the Financial Post on April 12, 2012 By Geoffrey Young Two budgets — in Ottawa and Ontario — have announced reforms to rich defined - benefit pension plans enjoyed by government employees...

Usually this means either a defined contribution plan [such as a 401 (k) or 403 (b) plan] or a defined benefit plan (a traditional fixed «pension» that a government employee might receive).

The main point of target benefit pension plans is to shift the burden of risk away from governments and profitable corporations onto employees and retirees.

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.

Cuomo did call for some things that will be unpopular with public employee unions (freezing pay, creating a Tier VI in the pension fund, reducing the size of state government — a move that will undoubtedly necessitate job cuts, but he makes no mention of that I can find in «The New NY Agenda: A Plan for Action»).

New York's two - year - old Voluntary Defined Contribution (VDC) retirement plan — the most significant structural reform in Governor Andrew Cuomo's 2012 Tier 6 pension legislation — is shaping up as a popular alternative among the relatively small number of government employees eligible to sign up for it.

The mayor used his budget announcement to stump for a new, less - generous pension plan for future government employees, one that mirrors Gov. Andrew Cuomo's proposal in his state budget address.

DiNapoli has said the plan, which required future public employees to pay more towards their pensions and receive less in return, won't save state and local governments money in the short run.

As those who have followed the school battles in Wisconsin and Indiana know well, school employees enjoy generously funded health - care benefits and handsome defined benefit pension plans that are driving many state and local governments to the edge of bankruptcy.

In a Pew Research Center poll this month, 47 percent of respondents said their states should cut pension plans for government employees, which made it the most popular option on the table.»

For decades Connecticut state government has refused to properly fund its state employee and teacher pension and benefit plans.

The firm is owned by its employees and, as of September 2014, managed $ 5 billion for institutions, retirement plans, insurance companies, foundations, endowments, high - net - worth individuals, investment companies, corporations, pension and profit sharing plans, pooled investment vehicles, charitable organizations, state or municipal governments, and limited partnerships.

CAP has also proposed «creating a new type of plan that combines the best elements of 401 (k) s with the best elements of pensions to address the inherent weaknesses of self - directed retirement plan» and that all workers be given access to the government employee Thrift Savings Pplan that combines the best elements of 401 (k) s with the best elements of pensions to address the inherent weaknesses of self - directed retirement plan» and that all workers be given access to the government employee Thrift Savings Pplan» and that all workers be given access to the government employee Thrift Savings PlanPlan.

• The Conservative government introduced a new pooled registered pension plan aimed at helping the self - employed and small business» employees save for retirement.

Lately, it's been getting a bit of interest because some parties see it as a threat to much - loved Defined Benefit (DB) pension plans for federal government workers and Crown Corporation employees, (such as Canada Post, CBC, Via Rail, etc.).

In a report earlier this year, the think tank estimated the cost of federal employee pension plans is more than $ 100 billion higher than the government says it is because Ottawa is underestimating the future costs.

The changes come as the C.D. Howe Institute raises questions about the burden of the federal government's employee pension plans.

Doug Hoyes: Yeah, and I guess if you're retired but you've got a significant pension, perhaps you worked for a company that had a full pension plan, maybe you were a government employee and worked for a big company, than you still have significant income coming in just not enough to be servicing all the debts so you don't want to do a bankruptcy with the negative implications for that so in those cases, a consumer proposal does work as well then.

Accomplishments AV Preeminent ® rated by Martindale - Hubbell «South Florida's Most Powerful and Influential Black Leaders,» Legacy Magazine, 2017 «Lawyer of the Year — Employee Benefits and Pension Plans — USA,» Finance Monthly Magazine Law Awards, 2017 «Legal Elite — Florida Local Government Law Expert of the Year», Corp America, 2016 «Best for Local Government Law — Florida,» Acquisition International, 2015

He is co-author of «DOL Final Fee Disclosure Rules May Have Consequences for Fiduciaries Beyond Fines - Could Result in Increased Litigation and Government Enforcement,» appearing in Bloomberg BNA's Pensions & Benefits Daily, «ERISA Fiduciary Claims: Planning, Protecting and Preparing for Class Actions,» appearing in the Employee Relations Law Journal.

If a court wants to transfer certain kinds of federally regulated retirements assets titled in the name of one spouse to another spouse in the course of a divorce, this is only effective if the Court follows the exacting requirements of a «qualified domestic relations order» (similar requirements apply to both federal government employee benefits and to private pension plans governed by ERISA which is a federal law with broad pre-emptive effect over private pension law).

Further even the other retirement fund, viz., the National Pension System (NPS), regulated by the Pension Fund Regulatory and Development Authority (PFRDA) allows up to 15 per cent exposure to equity for government sector employees and up to 75 per cent (under aggressive plan) for private sector.

In the current scenario, a government or public sector employee covered under the plan can contribute up to the age limit of 58 years and claim the pension after that.

«The government still has a lot of rich benefits like pension plans and healthcare that is a bit richer than in a typical private company,» says Oehler, noting that in general industry jobs, employers are embracing consumer driven healthcare and distancing themselves from defined benefit pension plans all at the expense to the employee.

Millions of government workers are relying on these plans, and with various states in a pension shortfall, employees are at risk of losing much - needed funds.