Sentences with phrase «if pension liability»

PS — One last note: what would be fair, if pension liability buyouts are allowed, is to allow participants the option to roll their net assets into a rollover IRA.

Not exact matches

It would be unacceptable if the government were underwriting oil sands firms» pension liabilities to accelerate development.

Classifying pensions as senior debt won't stop bankruptcies if a company can't change with the market, but that's no reason for johnny - come - lately PE firms to ignore unfunded pension liabilities so they can take the cash & run.

If that happens, the subsidy Tier 2 members provide to older workers and retirees would end, and the unfunded liabilities of Illinois» pension plans would jump by billions.

They won't mind that government deficits have ballooned to 12 % of GDP (or 18 % of GDP in the United Kingdom, if unfunded pension liabilities are taken into account).

Paterson's secretary, Larry Schwartz, and NYC OTB President Greg Rayburn held a conference call earlier today to reiterate that the cash - strapped betting operation will shut down if the Legislature doesn't approve its restructuring plan, costing thousands of jobs and leaving the state on the hook for $ 540 million worth of pension liabilities and $ 100 million in outstanding bankruptcy claims.

If we can limit the number of days state workers work, we can outsource the rest (either to Iowa or India, I don't care) and reap real savings, and we will putting a cap on pension liabilities.

Those fears crescendoed when the school board voted one month before the May 16 election to support State Bill 808, which would have allowed school districts to close or reject charter schools if they could be considered a financial burden to the district, which has yet to decrease its staffing levels despite declining enrollment and is facing billions of dollars in unfunded pension liabilities and projected budget deficits.

Josh McGee, a prominent pension reform advocate at the Laura and John Arnold Foundation, also thinks it would be wrong to ask charters to help pay down legacy costs, though he says it's true it could be «cumbersome» if local districts have to pay the bulk of those pension liabilities alone.

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.

If we could turn back the clock 65 or so years and set up a more conservative method of accounting for pension liabilities, we would be much better off today.

So if I blow up for example because of pension liabilities I can check afterwards wtf was I thinking.

Most pension funds have little choice but to reach for yield, Veroude argues, if they are to meet their liabilities.

However, I'd be none too surprised if any eventual distribution strategy / announcement is accompanied by some huge pension deficit concession to the unions (despite AERL's repeated denials of any legal liability).

Consequently, corporate advisers were prompted to focus on liabilities that were contributing most to these deficits and to consider if there was anything that could be done to «manage» them within the legally constrained environment in which DB pension schemes operated.