Furthermore,
higher employee pension contributions, raised National Insurance costs and the minimum wage add further pressures.
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.
States, through their
employee pension plans, sponsor excellent financial institutions that, on a not - for - profit basis, get the
highest returns for the least cost.
The Simplified
Employee Pension (SEP) IRA is a flexible option with
higher contribution limits if you are self - employed or an owner in a corporation.
The state's unfunded
pensions — for teachers, professors, state
employees, judges, emergency personnel and more — could be as
high as $ 250 billion.
Those bumps increased his
pension from roughly $ 180,000 a year to more than $ 250,000, the
highest in the state's municipal
employee retirement fund.
In a blog post for the think - tank's website, McMahon takes issue with AFL / CIO President Denis Hughes» statement that with the
high rate of return on the state
employee pension fund during the last fiscal year, the need for an overhaul of the system (i.e. less generous benefits, is unnecessary).
Cuomo has long sought to consolidate and scale back the size of local governments in New York, which he has blamed for the state's
high property taxes — an assertion budget watchdogs say is more tied to the cost of programs like Medicaid or
employee pensions.
In particular, he singled out the
high cost property taxes and the main cost - driver, public
employee pensions, taking issue with DiNapoli's office pointing to a record -
high return for the fund at the end of the 2013 - 14 fiscal year.
But rather than suggest that supporters donate money or warm clothing directly to OWS, the WFP — which has done its best to bleed city residents dry with
high taxes and runaway public -
employee pension benefits — told the e-mail's recipients that «just $ 5 a month supports our fight for a better New York.»
Public
employees unions have opted for the
pension contributions in lieu of some
higher wages.
Pensions and health costs for teachers and other staff are substantially
higher for the traditional, unionized public schools compared to charters, which offer their
employees 401ks rather than more generous defined benefit plans.
Bloomberg, meanwhile, is taking a same - but-less approach to fixing
pensions — proposing to retain the DB system with
higher retirement ages, lower benefit levels and
higher employee contributions for new workers.
· Limiting
Pension Benefit of High Paid Employees: For new higher paid employees, the amount earned above the Governor's salary (currently $ 179,000) will not be eligible for pension calculation under T
Pension Benefit of
High Paid
Employees: For new higher paid employees, the amount earned above the Governor's salary (currently $ 179,000) will not be eligible for pension calculation under
Employees: For new
higher paid
employees, the amount earned above the Governor's salary (currently $ 179,000) will not be eligible for pension calculation under
employees, the amount earned above the Governor's salary (currently $ 179,000) will not be eligible for
pension calculation under T
pension calculation under Tier VI.
Connecticut state
employees could receive four years of full job security if they agree to concessions such as a two - year wage freeze, three furlough days and
higher insurance premiums and
pension contributions.
Attorney General Andrew Cuomo has shone a spotlight on «double - dipping,» saying that the practice of government
employees collecting salaries and public
pensions at the same time is helping drive the state's retirement costs dangerously
high.
The root of this difficulty is that both sides in public -
employee negotiations find it in their interest to reduce the wage portion of the overall collective bargaining agreement — which, in the case of the Chicago public school teachers, is quite
high at over $ 75,000 per year — in favor of larger
pension benefits under a «defined benefits» plan.
In today's low - return environment, the
pension promises being made to state and local
employees in general, and public school teachers in particular, have become very expensive and difficult to maintain largely because the largesse of the
pension plans assumes long run returns on the order of 7.5 percent (or
higher).
Local school districts could seek lower health insurance and
pension costs by requiring
higher employee contributions.
Because
pension formulas are typically based on the
employee's
highest three or five years of salary, they should try to do everything in their power to make their peak earning years count.
It's not just that states and districts failed to save up for
pensions they knew would come due, it's that they offered literally the cushiest
pensions available to teachers, notes a 2016 study: «as a group, [teachers] have by far the
highest retirement costs, even compared with other public - sector
employees.
And because
pension plans are based on a formula that factors in salary levels,
employees with
higher salaries (like district superintendents and administrators) tend to earn disproportionately large benefits compared to teachers.
With an average salary of $ 76,000 (not including
employee benefits or
pensions), Chicago teachers were already among the
highest paid in the nation and the new deal included a 7 percent raise over three years, with additional raises for experience and education.
Together, this would be a stronger approach that would increase funding for existing
pension obligations, slow down debt accrual, and provide
higher quality benefits to many public
employees.
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.
If you and your spouse both had long careers as public
employees, your public sector indexed
pensions might be the ticket to the
high life.
Federal
employees will be required to make
higher pension contributions and, after the next election (2015), MPs and senators may pay a
higher pension share.
Certain cases like
employees with a generous defined benefit
pension plan where retirement income will be fairly
high, the tax free withdrawals from the TFSA during retirement is welcomed.
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.
For
Pension Funds, Higher Fees Don't Mean Higher Returns, Study Finds Public - employee pension plans paying the highest investment fees aren't generating the highest returns, according to a new study by a pair of Maryland think
Pension Funds,
Higher Fees Don't Mean
Higher Returns, Study Finds Public -
employee pension plans paying the highest investment fees aren't generating the highest returns, according to a new study by a pair of Maryland think
pension plans paying the
highest investment fees aren't generating the
highest returns, according to a new study by a pair of Maryland think tanks.
At a time when New Yorkers are facing
higher energy costs than their neighbors due to the state's anti-fossil fuel policies, Bill de Blasio has taken New York City further down a path that will harm consumers — not to mention police officers and other city
employees whose
pensions are suffering from similar politicization.
The
High Court decided IBM's
pension rearrangements were invalid and in breach of the duties of trust and confidence and the duty of good faith: IBM had led its
employees to expect there would not be further
pension changes and could not go back on this unless it could show it was «necessary» to do so.
(The costs will also have to be
high enough to allow Teranet's owners, a municipal
employees»
pension fund, to recoup their $ 1 billion over the 50 years, plus a good yield.)
Unless
employees have opted out of the auto - enrolment scheme, and assuming the employer doesn't voluntarily pay a
higher percentage, they will see their
pension contributions rise from 1 % to 3 % of salary with employer's minimum contributions rising from 1 % to 2 %.
The
High Court's decision to reject BT's plan to reduce
pensions benefits comes as good news for 84,000 former and existing BT
employees that joined the telecoms firm after it was privatised in 1984.
The Bombay
High Court has directed Union Bank of India to include a retired
employee in its 2010
pension scheme although he had not filled up the requisite application form within the stipulated period.
As a Corporate Graduate, you'll benefit from a great starting salary, a company car, private healthcare, life assurance, plus holiday,
pension and Sharesave scheme, together with extra perks like 33 %
employee discount at our 1700 restaurants and pubs and
High Street shopping discounts.
Because of the sky
high pension / insurance / benefits costs associated with police / fire
employees, cities long ago figured out that it is way cheaper to pay existing
employees OT than it is to hire additional safety
employees... so like David Greene, I worked.