A coalition of school districts wants Gov. Jerry Brown and the Legislature to clarify how much money will be available to schools following the deal that legislators struck earlier this year requiring districts to make
higher pension payments.
This doesn't even include the fact that higher salaries today will lead to
higher pension payments every year going forward.
To be sure, higher salaries means
higher pension payments.
Even better, that inflated salary will translate into
higher pension payments for life.
In other words, while an early retirement program reduces teacher salary costs, it still can cost the state money through
higher pension payments.
In other words, even when an ERI program creates substantial savings for school districts by reducing teacher salary costs, it still can cost the state money through
higher pension payments.
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.
I have no debts whatsoever, plenty of cash savings, a very healthy retirement portfolio, a nice home all paid for, a good
pension plus above average social security
payments, so I am able to travel widely and stay in
high end hotels.
:: Urgently pay Edo State pensioners over 42 months outstanding
pension benefits and entitlements from the over N29bn Paris Club refunds received by your government and meant for the
payment of
pension arrears and gratuities;:: Adopt a human rights policy of guaranteeing regular
payment of
pension benefits and entitlements so that pensioners and their families can live decently;:: Recognize the human rights of Edo State pensioners and ensure their full and effective enjoyment of those rights, as well as provide them with information to enable them to claim their rights;:: Treat all pensioners in Edo State as individuals with humanity and dignity and respect and promote their
higher standard of living and improve economic and social conditions for all pensioners;:: Provide Edo State pensioners with proper support and assistance to alleviate their plight, including by ensuring informal, community - based and recreation - oriented programs for pensioners to help develop their sense of self - reliance and independence;:: Reduce opportunities for corruption in the spending of the Paris Club refunds
Well you have the winter fuel allowance, cold weather
payments and triple lock giving the
highest pension increase in history.
DiNapoli did not initially respond when the Times first reported over the weekend of a tenative agreement between legislative leaders and the governor that would essentially float a loan to the state and municipalities to reduce their
pension contributions in exchange for
higher payments in the future.
But during the final 19 years Syracuse would lose roughly $ 150 million by making
higher - than - normal
pension payments, she estimated.
We have created a new and transparent scheme of business costs and expenses, introduced a less generous
pension scheme, where taxpayers contribute less and MPs make a
higher contribution, and scrapped large resettlement
payments.
Cameron's refusal to promise to protect universal benefits such as Winter Fuel
Payments, free TV licences and free bus passes on The Andrew Marr Show yesterday, in contrast with his pledge to maintain the triple lock on the state
pension (so that it rises in line with inflation, earnings, or 2.5 %, whichever is
highest), was widely interpreted as preparing the ground for a U-turn.
Grisanti's Democratic opponent, Michael Amodeo, says he's against the property tax cap passed last year, as well as a new benefit tier that requires
higher payments towards
pensions.
Pension payments are based on the 32 years he worked and the average of his five
highest - paid fiscal years.
Westchester County, the New York suburb where household income is 53 percent above the U.S. average, wants to use its top credit rating to sell taxable bonds to finance
pension contributions and avoid increasing the
highest taxes in the country... It faces a $ 54 million
payment to the state retirement plan in 2011, $ 78 million in 2012 and $ 163 million in 2015, said County Executive Robert Astorino, who's working to close a $ 166 million budget gap next year.
The stock market declines in 2008 led to
higher payments from state government to pay for the
pension system and a reduction in
pensions for most retirees.
The risk stems from a reported deal between Gov. Paterson and legislative leaders to let the state and its municipalities borrow to reduce
pension contributions - in exchange for
higher payments in the future.
«Achieving these lapse — or savings — targets will be a significant budgetary challenge, especially in light of the
high levels of fixed costs for FY 2018, such as debt service
payments,
pension contributions and other costs.»
In his first foray into the election campaign, Mr Brown said Labour wanted the Scottish Parliament to be able to make top - up
payments to all benefit claimants if it wins the general election, raising the possibility of a
higher state
pension and more generous dole
payments north of the border.
Mr Miliband will hand Scottish MPs the unprecedented power to set a
higher state
pension and more generous dole and disability
payments in a desperate attempt to reverse the exodus of his voters to the SNP.
Under the plan, the state and municipalities would borrow the money to reduce their
pension contributions for the next three years, in exchange for
higher payments over the following decade.
Tier 2 offers worse benefits for new teachers: it has a
higher minimum service requirement (up from five to 10 years, making it more difficult for new teachers to qualify for a minimum benefit), a
higher normal retirement age (meaning teachers have fewer years to collect
pension payments over a lifetime), a less generous
pension formula (calculating the final average salary from the last eight years of service instead of just four), and a lower COLA.
* This estimate would be adequate to use if
pension payments formed a normal distribution and there were no
high or low outliers.
«Mandatory withdrawals required by RRSPs at age 72 could boost you into a
higher tax bracket and result in clawbacks to your Canada
Pension Plan (CPP) and OAS -
payments in retirement.
Even if you decide you're more inclined to go with the annuity, you should first determine whether the monthly
payments you'll receive from your
pension will be
higher than what you could get by taking the lump sum, rolling it into an IRA and then buying an immediate annuity within that IRA that will make lifetime
payments.
If I have a $ 1000 mortgage
payment when I retire, my
pensions and other retirement income need to be $ 1000
higher to achieve the same standard of living as I could achieve if I was debt free.
With both CPP and OAS, delaying your
pensions results in
higher future
payments, albeit for fewer years.
Some
pensions calculate your monthly
pension payment so that you get a
higher pension until age 65 and then a lower
pension after age 65.
The
higher payment before age 65 is based on the assumption that age 65 is the typical CPP / OAS date and that pensioners may need more
pension income before age 65 and less afterwards.
But, the report cautions, the CPP
payment promises rely on assumed returns on investment much
higher than actual yields on fixed - income assets suitable for backing that kind of sovereign - grade
pension obligation.
If you're a conservative investor who might otherwise invest your
pension proceeds in conservative investments, you might have a hard time «beating» the option of a monthly
pension payment in the future and creating a
higher potential monthly income with your investments.
Only a minority of the US working population will save enough so that their RMDs plus their other taxable retirement income, such as Social Security,
pension, and annuity
payments will create
high enough taxable income in retirement.
Social Security Leveling Option - An optional type of
pension benefit in some plans that provides
higher monthly
payments to retirees before a specified age (for example, before age 62 or 65) and lower
payments thereafter.
Later, relying on Raithatha, a trustee in bankruptcy (Mr Horton) approached the
High Court requesting an IPO to require a bankrupt (Mr Henry) to take his four valuable money - purchase
pension pots (not yet in
payment) as lump sums.
With a
pension, you can opt to take a single life benefit (which is a
higher monthly
payment, but
payments cease after death), or a joint survivor benefit (which is a lower monthly
payment split between both spouses and continues after a spouse passes).
If entitlement to Widow / er's or Surviving Civil Partners» Contributory
Pension, based on a wife's own social insurance contributions or those of her husband, is at a
higher rate of
payment than the rate of Deserted Wife's Benefit, the
higher rate of entitlement will be paid.