Sentences with phrase «in pension contributions as»

Not exact matches

Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.

Around 18 % of private - pension money was invested in domestic and foreign equities, and 39 % in savings and deposits as of March 2015, according to the Japan Defined - Contribution Pension Plan Administpension money was invested in domestic and foreign equities, and 39 % in savings and deposits as of March 2015, according to the Japan Defined - Contribution Pension Plan AdministPension Plan Administration.

The target cuts, in turn, can lead to increased contributions from employees and their employers to fund the pension systems as their reliance on investment returns decreases.

Thus, the path dependency that political scientist Paul Pierson, 1997 has observed in pension reforms is not just an observed fact, but a desired characteristic.21 Threats to sustainability are typically identified as expenditures rising above an acceptable level, and especially in prefunded DB plans, volatility of pension contributions or accounting expenses for pensions.

Watch out for a cut in your income as the workplace pension contribution increases next tax year

A recent MetLife survey * highlighted how this choice shakes out when it comes to retirement: One in five retirees who took their pension or defined contribution plan, such as a 401 (k), as a lump sum depleted it in an average of 5 1/2 years.

In reality, there will, as Kesselman argues, be reduced employer and employee contributions to pension plans fully integrated with the CPP as is the case with the vast majority of employer sponsored plans.

Case and Deaton speculate that the shift from defined - benefit pension plans in the U.S. to defined - contribution plans (such as the 401 (k)-RRB- may have caused the upward shift in mortality rates.

The current dispute dates back to a 2007 «cap and share» agreement, in which teachers» unions agreed to accept increased pension contributions - so long as the government came up with evidence that the move is necessary.

The party plans to make up the money by restricting tax relief on pension contributions to the basic rate, taxing capital gains at marginal income tax rates, allowing for indexation and retirement relief, tackling stamp duty land tax avoidance and corporation tax avoidance and by subjecting benefits in kind to national insurance contributions as well as income tax and applying national insurance to multiple jobs.

In the 1990s, Sweden reformed its pension system away from an expensive defined - benefit system to a defined - contribution system in order to contain costs amid concerns that the former system would be unsustainable as the population ageIn the 1990s, Sweden reformed its pension system away from an expensive defined - benefit system to a defined - contribution system in order to contain costs amid concerns that the former system would be unsustainable as the population agein order to contain costs amid concerns that the former system would be unsustainable as the population aged.

The two campaigns have traded barbs in recent weeks over a controversial amortization plan that Wilson characterizes as borrowing from the pension fund and DiNapoli's camp insists is merely «smoothing» to provide predictability for local governments and the state when it comes to contributions.

As I explained in the post below, city residents may also be paying state taxes to cover the pension contributions of localities elsewhere in the state, even as city residents pay more than anyone anywhere for the city's own pension contributionAs I explained in the post below, city residents may also be paying state taxes to cover the pension contributions of localities elsewhere in the state, even as city residents pay more than anyone anywhere for the city's own pension contributionas city residents pay more than anyone anywhere for the city's own pension contributions.

The stable pension contribution rate for local governments and schools, submitted as part of the Executive Budget, will provide a new tool for local governments to access the long - term savings from Tier VI and have greater predictability in their fiscal planning.

Instead, there would be a tax cut of 4p in the basic rate, funded by changes to the tax system as it related to pension contributions, capital gains and pollution.

According to the unions, their contributions have been held in a Temporary Pension Fund Account (TPFA) at the Bank of Ghana since 2010; a situation they describe as unlawful.

· Allowing counties an option to modify how they fund state mandated pension contributions · Providing counties more audit authority in the special education preschool program · Improving government efficiency and streamlining state and local legislative operations by removing the need for counties to pursue home rule legislative requests every two years with the state legislature in order to extend current local sales tax authority · Reducing administrative and reporting requirements for counties under Article 6 public health programs · Reforming the Workers Compensation system · Renewing Binding Arbitration, which is scheduled to sunset in June 2013, with a new definition of «ability to pay» for municipalities under fiscal distress, making it subject to the property tax cap (does not apply to NYC) where «ability to pay» will be defined as no more than 2 percent growth in the contract.

Cuomo wants to close a loophole in election law that allows for unlimited contributions through LLCs, as well as a bill to block those convicted of corruption from receiving pension benefits through a constitutional amendment's first passage.

The Tier VI pension agreement in 2012 gives state workers earning more than $ 75,000 access to defined contribution system based on the model used by public university employees, known as TIAA - CREF.

The NI contribution in question is known as «Class 2» 2 and is a regular weekly sum payable by self - employed earners to establish their entitlement to contributory benefits such as the state retirement pension.

They are not covered by the Pension Protection Fund, as it only came into force in May 2005, and are facing a lean retirement despite making up to 30 years of contributions.

Normally, the less the pension system assumes it will earn on investments, the more taxpayers have to pay in the form of current contributions, which are calculated as a share of current payrolls.

The authority's finances improved this year with almost a $ 500 million increase in tax revenues, and costs such as energy, debt service and pension contributions have decreased.

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 ability to avoid too much unpalatable cutting was the consequence of finding # 7bn extra cuts / effective tax rises from the Welfare budget and from Child Benefit, along with rises in public sector employee pension contributions, though it was disappointing (but not surprising) that misdirected programmes such as winter fuel payments survive intact.

The annuity - based SUNY retirement model represents a far better alternative than the defined - contribution proposal in Cuomo's original Tier 6 plan, which would have made a poorly designed and underfunded 401 (k)- style retirement account an alternative to the traditional pension for all workers, unionized as well as non-unionized.

The federal Second Circuit Court of Appeals ruled today that disgraced former Assemblyman Eric Stevenson's pension contributions are fair game as the feds seek to recoup $ 22,000 in ill - gotten gains.

The result is that local government workers, faced with an average additional 3 % increase in their contributions which will then yield a much reduced pensions, are likely to abandon the local government pension scheme in droves as no longer worthwhile, thus adding to the State's welfare bill in retirement and perhaps collapsing the investment funds which this pension scheme feeds.

The wider task of comprehensive social security reform would inevitably require a high - level body to review and advise on the harmonization of various initiatives and deductions from workers» payrolls in the name of welfare, such as pension contributions, national housing fund, national health insurance etc

«Stevenson argues that identifying his pension plan contributions as a substitute asset and permitting seizure by the Government was [in] error as those contributions are protected by... the New York State Constitution,» said the three - judge panel.

Many local governments, especially upstate, have been squeezed by declining populations and an eroded industrial base coupled with a cap on raising their property taxes as well as a spike in required pension contributions.

The ruling, in the case of convicted former Bronx Assemblyman Eric Stevenson, found that his pension contributions are fair game as the feds seek to recoup $ 22,000 in ill - gotten gains.

According to the Police Administration, every officer who loses his life in line of duty is paid a gratuity by the administration, as well as pension contributions by their pension scheme.

«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.»

«I wish there will be a law that will state that before an actor or actress receives his or her pay, there will be some amount of money that will be deducted as tax or contribution to SSNIT so that it will serve as financial support in case they go on pension or when they need some health assistance.

The amounts listed in the report DO NOT include fringe benefits such as health insurance or employer pension contributions, which can add 35 percent or more to the cost for taxpayers.

Without reform, pensions contributions would have to rise steeply — and would mean spending cuts in other areas such as teaching, student support and research.

Good government groups see the pension forfeiture measure as a token reform and have pressed for the closing of the «LLC loophole» that allows businesses to create multiple limited liability companies to donate virtually unlimited amounts of campaign cash; public financing of candidate campaigns; the end of lump sum appropriations in the budget; limits on political contributions by companies with business before the state; limits on legislators» outside income; and a renovation of Albany's ethics watchdog, the Joint Commission on Public Ethics (JCOPE).

The RESAVER pension plan will be contribution - rather than benefit - based, meaning that researchers will know how much they put in but not how much they'll get, as they would with many other pension plans in Europe.

The salary scale will be in accordance with the TV - L E-13 level of the German public employees and includes contributions to a pension plan as well as health and unemployment insurances.

This spreadsheet has input opportunities for a salary and optional pension contributions, and will calculate the amount of Tax and National Insurance paid in different brackets, as well as Pensions contributions.

HCSS Budgeting is a powerful budget planning and forecasting tool that automatically updates with the latest financial information from the Department for Education (DfE), HMRC and the Education Funding Agency (EFA) that schools need to be aware of such as rises in teachers» pension contributions.

Nor should an additional year of work reduce pension wealth (net of employee contributions), as is the case in current teacher plans after a certain point, often at relatively young ages.

Using data on contributions from NASRA and pension fund annual reports where necessary, and using weights based on the number of teachers employed in each state or district as reported in the NCES Common Core of Data, it is possible to compute average employer contribution rates for teachers.

As I write in a piece for RealClearEducation, «When advocates for traditional defined - benefit pensions say things like, «pension plans would be in better financial shape if states made their required contributions,» that's true, but only half the story.

State Pensions A scheme is to be introduced to allow current pensioners, and those who reach State Pension age before the introduction of the new single tier pension in April 2016, an option to top up their Additional State Pension record through a new class of voluntary National Insurance contributions, to be known as ClPension age before the introduction of the new single tier pension in April 2016, an option to top up their Additional State Pension record through a new class of voluntary National Insurance contributions, to be known as Clpension in April 2016, an option to top up their Additional State Pension record through a new class of voluntary National Insurance contributions, to be known as ClPension record through a new class of voluntary National Insurance contributions, to be known as Class 3A.

In addition to this «general» or «formula» funding, states also typically provide revenue for other, more specific purposes, such as bus transportation, contributions to school employee pension plans, and teacher training.

At this point in her career, the pension system serves as a twofold tax on earnings, first by the required employee contribution and second by the negative deferred income.

While the plan called for a cut of 5.5 percent to education, dropping per - pupil funding by $ 550, funding limits could be offset at the district level by increased employee contributions to health care and pension programs, and by giving local school districts other tools such as wage freezes and adjustments in salary schedules.

While the government has pledged to maintain per - pupil income, heads currently preparing next year's budgets are having to factor in rising costs such as increased pension and national insurance contributions.