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.
Vettese and other
pension experts want new hires to be automatically enrolled
in PRPPs, with a minimum default
contribution deducted
from payroll.
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.
In the 23rd Actuarial Report on the Canada Pension Plan (OCA, 2007), the Office of the Chief Actuary (OCA) certified that, in spite of the substantial increase in CPP benefit payments that would result from the retirement of the baby boom generation, the current legislated contribution rate of 9.9 per cent for employers and employees combined would be more than enough to pay for benefits through 207
In the 23rd Actuarial Report on the Canada
Pension Plan (OCA, 2007), the Office of the Chief Actuary (OCA) certified that,
in spite of the substantial increase in CPP benefit payments that would result from the retirement of the baby boom generation, the current legislated contribution rate of 9.9 per cent for employers and employees combined would be more than enough to pay for benefits through 207
in spite of the substantial increase
in CPP benefit payments that would result from the retirement of the baby boom generation, the current legislated contribution rate of 9.9 per cent for employers and employees combined would be more than enough to pay for benefits through 207
in CPP benefit payments that would result
from the retirement of the baby boom generation, the current legislated
contribution rate of 9.9 per cent for employers and employees combined would be more than enough to pay for benefits through 2075.
Every
pension fund he studied is a monthly net seller of assets
in order to fund beneficiary payouts — i.e. the cash
contributions from current payees into the fund plus investment returns on capital is not enough to fund current beneficiary payouts.
A report
in February last year
from the
Pensions and Lifetime Savings Association suggested default funds for defined contribution (DC) pensions - which 90 per cent of DC savers subscribe to - are vulnerable to a range of environmental, social and governance risks (ESG), including substantial clima
Pensions and Lifetime Savings Association suggested default funds for defined
contribution (DC)
pensions - which 90 per cent of DC savers subscribe to - are vulnerable to a range of environmental, social and governance risks (ESG), including substantial clima
pensions - which 90 per cent of DC savers subscribe to - are vulnerable to a range of environmental, social and governance risks (ESG), including substantial climate risk.
This is all the more important
in a defined
contribution (DC) world, where the individual - with help
from employer
contributions and tax rebates - is responsible for accumulating sufficient funds to supplement the UK state
pension.
The employer has an obligation to deduct Canada
Pension Plan
contributions (CPP), Employment Insurance premiums (EI) and income tax
from remuneration paid
in each pay period.
That's 2x # 20k, assuming you have a partner, and # 4ok into a
pension (or more, if your partner has income
from employment too, or if your
pension contributions were less than # 40k pa
in the last few years).
Benefits have also been trimmed
in recent years by switching
from defined
contribution pensions to 401 (k) s and increasing employee
contributions to health care costs.
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.
They think the government is covering up the real reason for the proposed increase
in pension contributions,
from 6.4 % to 9.5 %.
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 age
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 age
in 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.
State Senate Democrats have reaped $ 85,000
in election - year campaign
contributions from the state teachers union since they skipped last month's vote to cut
pension benefits for new teachers and other public employees.
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.
In addition to supporting the
pension forfeiture, 66 percent of those polled also support banning political
contributions by companies that do business with the level of government they contribute to, and 55 percent back banning elected officials
from earning income outside of their government salary.
Barney Keller, a spokesman for GOP gubernatorial rival Rick Lazio, said, «The last thing we need
in Albany is another liberal Democrat like Steve Levy, who has taken over $ 400,000
in campaign
contributions from the very same special interests that are stretching New York's
pension system beyond the breaking point.»
The New York Times Editorializes
In Favor of Corporate Disclosure Reform NY reported last week about New York State Comptroller Thomas DiNapoli, who is seeking disclosure of political contributions from corporationsthat the state pension fund holds stock i
In Favor of Corporate Disclosure Reform NY reported last week about New York State Comptroller Thomas DiNapoli, who is seeking disclosure of political
contributions from corporationsthat the state
pension fund holds stock
inin.
Last week, we learned that New York State Comptroller, Thomas P. DiNapoli, is seeking disclosure of political
contributions from corporations
in the state
pension fund.
Reform NY reported last week about New York State Comptroller Thomas DiNapoli, who is seeking disclosure of political
contributions from corporationsthat the state
pension fund holds stock
in.
Thanks to a new
pension tier enacted
in Albany, the city's
pension contribution is expected to decline,
from $ 8.1 billion
in 2014 to $ 8 billion
in 2015.
In 2018/19, those Scottish taxpayers who make
pension contributions under relief at source arrangements will also continue to benefit
from pensions relief applied at 20 % until a long - term solution can be found.
«This is to prevent people benefiting
from tax relief
in relation to
contributions made into self - directed
pension schemes for the purpose of funding purchases of holiday or second homes and other prohibited assets for their or their family's personal use.»
Peter, a German citizen living
in the UK asked this question, and the good news is that if you are an EU national and you get a British state
pension, nothing much should change, because the state
pension is dependent not on where you come
from, but on how long you have paid National Insurance
contributions in the UK.
While it's true that the Town's bond rating was lowered
from A + to A -, the report also stated that, «We understand that the deficit
in 2012 was due to a steep increase
in pension contributions and an unanticipated charge
from Ulster County for Safety Net (welfare) expenditures without an offsetting property tax levy increase.»
Among his recommendations, Astorino favors switching elected officials
from the defined - benefit
pension plan to a defined -
contribution plan; replacing the per diem system for lawmaker expenses to one requiring stricter bookkeeping; and scrapping the state Joint Commission on Public Ethics
in favor of a new independent ethics watchdog appointed by the judiciary.
Also, the
pension's scheme
in 2015 mobilized 2.1 billion cedis
in contributions in 2015 up by almost 19 percent
from the 2014 figures.
The governor and the legislative leaders, meanwhile, announced an agreement on a budget scheme allowing the state and many local governments — but not New York City — to «borrow» nearly $ 6 billion over the next three years
from the state
pension system
in order to use the funds to make required annual
contributions back to the
pension fund.
Hevesi admitted to using his control over the state's
pension fund, now at $ 130 billion, to steer $ 250 million
in investments to a private equity fund that paid him handsomely: $ 75,000
in trips to Israel and Italy for him, his adult children, and people
from his staff; $ 500,000
in campaign
contributions, and $ 380,000
in make - believe consulting fees to a lobbyist allied with Hank Morris, Hevesi's political guru.
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.
Both agencies acted with official city and state misconduct, and
in both cases, honest, credible evidence was repeatedly dismissed and ignored, and so was the corruption that remains to date — where knowingly false statements were made to discredit me (then later completely reversed during oral argument by my accusers), and both the DOI investigators (who appeared at my doorstep many times to collect evidence) and MTA Office of the Inspector General investigators invited me back to their headquarters (more than six times),
from 1989 to 2008), and continued to take no action to restore and reinstate my city job,
pension and social security
contributions.
While making some limited concessions, this offer confirms
contributions would rise
from April, the retirement age would be linked to the rising state
pension age meaning people would have to work up to eight years longer, and the imposed switch
in indexation for
pensions would remain - amounting to a cut
in the value of
pensions of around 15 % to 20 %.
George Osborne announced last year an increase, on average, of 3 %
in pension contributions across the public sector
from next April to raise # 2.8 billion by 2014 - 15.
The liability to pay these benefits, both currently and
in future years is financed by employee and employer
contributions and income
from investment of the
Pension Fund.
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 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
That this House declines to give a Second Reading to the Welfare Benefits Up - rating Bill because it fails to address the reasons why the cost of benefits is exceeding the Government's plans; notes that the Resolution Foundation has calculated that 68 per cent of households affected by these measures are
in work and that figures
from the Institute for Fiscal Studies show that all the measures announced
in the Autumn Statement, including those
in the Bill, will mean a single - earner family with children on average will be # 534 worse off by 2015; further notes that the Bill does not include anything to remedy the deficiencies
in the Government's work programme or the slipped timetable for universal credit; believes that a comprehensive plan to reduce the benefits bill must include measures to create economic growth and help the 129,400 adults over the age of 25 out of work for 24 months or more, but that the Bill does not do so; further believes that the Bill should introduce a compulsory jobs guarantee, which would give long - term unemployed adults a job they would have to take up or lose benefits, funded by limiting tax relief on
pension contributions for people earning over # 150,000 to 20 per cent; and further believes that the proposals
in the Bill are unfair when the additional rate of income tax is being reduced, which will result
in those earning over a million pounds per year receiving an average tax cut of over # 100,000 a year.
The final budget eliminates tax credits for business, suspends the sales tax exemption on clothing, and allows state and local governments to borrow
from the state
pension fund to make required
contributions to the same fund — resulting
in a hidden $ 1,300 tax on homeowners outside New York City.
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.
Yesterday, the Fordham Institute released a new paper
from Marty West and Matt Chingos analyzing a 2002 policy change
in Florida which allowed teachers to choose between a traditional defined benefit
pension plan and a 401k - style defined
contribution plan.
The latest example comes
from a report
from William B. Fornia and Nari Rhee published by the National Institute on Retirement Security (NIRS),
in which the authors attempt to estimate whether
pensions or 401 (k)- style defined
contribution plans are a «better bang for the buck.»
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.
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.
In order to pay down the current debt, the state increased
pension contribution rates that are deducted
from a teacher's paycheck.
Nearly all state
pension plans failed to meet their target rates of return
in the years following the financial crisis, which has necessitated sharp increases
in contributions from employers and employees.
School districts spend about 60 percent of their budgets on teacher and staff compensation, so a 10 percent increase
in retirement
contributions means roughly 6 percent of the entire budget has to be reallocated
from educating children to paying off underfunded
pension plans.
Due to different decisions
in state legislatures,
pension rules vary
from state - to - state, leading to different vesting periods, variation
in teacher
contribution rates, and differences
in benefit quality.
Thanks to a series of deals Philadelphia struck with the AFT local, along with increases
in pension contributions, led to a 53 percent increase
in spending on teachers» benefits between 2002 - 2002 and 2011 - 2012, according to data
from the U.S. Census Bureau; benefits accounted for 27 cents of every dollar spent on teacher salaries
in 2012, versus 21 cents a decade earlier.
From 6 April 2016, National Insurance Contributions will rise from 10.6 per cent to 12 per cent on earnings between # 5,824 and # 40,040 for those employed in the Teachers» Pension Scheme and Local Government Pension Sch
From 6 April 2016, National Insurance
Contributions will rise
from 10.6 per cent to 12 per cent on earnings between # 5,824 and # 40,040 for those employed in the Teachers» Pension Scheme and Local Government Pension Sch
from 10.6 per cent to 12 per cent on earnings between # 5,824 and # 40,040 for those employed
in the Teachers»
Pension Scheme and Local Government
Pension Scheme.