Sentences with phrase «huge pension obligations»
It's looking to exit from bankruptcy, the result of falling coal prices, bad business decisions, and huge pension obligations.
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The No. 1 goal of the Connecticut Education Association, the largest union representing teachers, was to block the governor's proposal to shift a huge portion of the teachers» pension obligation to towns and cities.
Conversion specifics will vary by state; obviously, those with huge unfunded liabilities will have a tougher time finding an elegant solution to converting past pension obligations for teachers nearing vesting milestones.
As this occurred, the value of all outstanding collateralized debt obligations also declined, creating huge losses for investors, including pension funds, mutual funds, hedge funds, and other types of investment vehicles.
Among voters» most significant concerns: huge payouts to corporate CEOs at the expense of rank - and - file jobs, defaults on pension obligations and refusals to pay for medical treatments.
«Some of these factors are pretty predictable — such as the financial obligations brought on by dependents and mortgages — but your unexpected death could prove to be a huge financial burden for your spouse, reducing your Social Security benefits and possibly pension benefits and bringing about unplanned medical and funeral expenses,» he says.