But the plan does allow districts some narrow wiggle room
in pension growth, one of the biggest cost drivers for school districts.
Not exact matches
In fact, it saw the sharpest drop since the financial crisis as weaker corporate performance sacked cash bonuses and accounting regulation hampered
pension growth.
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.
The decline is attributable,
in large part, to slow
growth in pension values — tweaks to assumptions about interest rate and life spans had inflated them the prior year — and underwhelming corporate performance.
Chriss pegs
growth in the contingent work force to structural changes
in employment over the past decades, including a decline
in enrollment
in defined - benefit
pension plans and
growth in the average duration of unemployment.
«
In the short term, it should add to economic growth (and) in the longer term, the fact that migrants are mainly young increases the working age population and addresses worrying demographics and pension dynamics in the euro area.&raqu
In the short term, it should add to economic
growth (and)
in the longer term, the fact that migrants are mainly young increases the working age population and addresses worrying demographics and pension dynamics in the euro area.&raqu
in the longer term, the fact that migrants are mainly young increases the working age population and addresses worrying demographics and
pension dynamics
in the euro area.&raqu
in the euro area.»
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.
Benefits offered
in addition to flexible schedule: According to FlexJobs, St. Jude's also offers its employees health insurance, unlimited career
growth opportunities, a
pension plan and vacation time.
Driving this
growth is a steady increase
in wages and
pensions, which will support consumption of goods and services.
This results
in slower
growth and thus tax receipts, whilst simultaneously increasing government spending through
pensions and healthcare.
«
Pension plans since the financial crisis have been
in pretty rough shape because interest rates were held down by all the — I won't call it manipulation — but all the activities by the central banks to keep interest rates low and to spread
growth,» he says.
TORONTO — The 2013 - 14 financial year was an unusually strong one for the Canada
Pension Plan Investment Board, which earned a 16.5 per cent annual return on the billions of dollars
in assets it manages for the national retirement system, but its CEO cautions that level of
growth likely won't soon be repeated.
And that is a trend that keeps snowballing, thanks primarily to the activities of two groups: first, the
pension funds, insurers, and other large investors that continue to accelerate their investments
in growth companies; and second, the investment - world professionals, who are responding to the deluge of money by continually setting up new funds.
Record - low yields obtained from QE are suspected to have an impact on the solvency of
pension funds and life insurers, potentially undermining demand
in the currency area and thus provoking a counter-productive effect on
growth and inflation.
Add to this the fact that global
pension levels are also sharply on the rise, with people living longer and population
growth — and therefore workforce
growth — slowing
in many advanced economies.
The Ba1 rating on Chicago's GO debt incorporates expected
growth in the city's highly elevated unfunded
pension liabilities.
Investors
in Yaletown's Innovation
Growth Fund include institutional investors such as
pension funds, international LPs, family offices, and a number of accomplished tech - sector CEOs.
Based on the Illinois Supreme Court's May 8 overturning of the statute that governs the State of Illinois» (A3 negative)
pensions, we believe that the city's options for curbing
growth in its own unfunded
pension liabilities have narrowed considerably.
Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those
in the forward - looking statements include, but are not limited to, increased competition; the Company's ability to maintain, extend and expand its reputation and brand image; the Company's ability to differentiate its products from other brands; the consolidation of retail customers; the Company's ability to predict, identify and interpret changes
in consumer preferences and demand; the Company's ability to drive revenue
growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility
in commodity, energy and other input costs; changes
in the Company's management team or other key personnel; the Company's inability to realize the anticipated benefits from the Company's cost savings initiatives; changes
in relationships with significant customers and suppliers; execution of the Company's international expansion strategy; changes
in laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure to successfully integrate the Company; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions
in the nations
in which the Company operates; the volatility of capital markets; increased
pension, labor and people - related expenses; volatility
in the market value of all or a portion of the derivatives that the Company uses; exchange rate fluctuations; disruptions
in information technology networks and systems; the Company's inability to protect intellectual property rights; impacts of natural events
in the locations
in which the Company or its customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's dividend payments on its Series A Preferred Stock; tax law changes or interpretations; pricing actions; and other factors.
In the 2006 Budget, the government promised to reduce the deficit by $ 3 billion per year; to reduce the federal debt - to - GDP ratio to 25 per cent by 2012 - 13; to eliminate the total government sector debt (which includes the federal, provincial and local governments as well as the Canada and Quebec pension plans) by 2021; and finally, to keep the growth in program expenses below the rate of growth in nominal GD
In the 2006 Budget, the government promised to reduce the deficit by $ 3 billion per year; to reduce the federal debt - to - GDP ratio to 25 per cent by 2012 - 13; to eliminate the total government sector debt (which includes the federal, provincial and local governments as well as the Canada and Quebec
pension plans) by 2021; and finally, to keep the
growth in program expenses below the rate of growth in nominal GD
in program expenses below the rate of
growth in nominal GD
in nominal GDP.
In his meeting with provincial finance ministers on possible reforms to the Canada Pension Plan (CPP) in December, Minister Flaherty indicated that global economic growth was too uncertain and that the domestic economy was too fragile to consider structural changes to the CPP at this tim
In his meeting with provincial finance ministers on possible reforms to the Canada
Pension Plan (CPP)
in December, Minister Flaherty indicated that global economic growth was too uncertain and that the domestic economy was too fragile to consider structural changes to the CPP at this tim
in December, Minister Flaherty indicated that global economic
growth was too uncertain and that the domestic economy was too fragile to consider structural changes to the CPP at this time.
However, headwinds
in pension expense will hamper earnings
growth in 2013, as a historically low discount rate at our May 31, 2012, measurement date will increase these costs by approximately $ 150 million.
Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those
in the forward - looking statements include, but are not limited to, operating
in a highly competitive industry; changes
in the retail landscape or the loss of key retail customers; the Company's ability to maintain, extend and expand its reputation and brand image; the impacts of the Company's international operations; the Company's ability to leverage its brand value; the Company's ability to predict, identify and interpret changes
in consumer preferences and demand; the Company's ability to drive revenue
growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility
in commodity, energy and other input costs; changes
in the Company's management team or other key personnel; the Company's ability to realize the anticipated benefits from its cost savings initiatives; changes
in relationships with significant customers and suppliers; the execution of the Company's international expansion strategy; tax law changes or interpretations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions
in the United States and
in various other nations
in which we operate; the volatility of capital markets; increased
pension, labor and people - related expenses; volatility
in the market value of all or a portion of the derivatives we use; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's ability to protect intellectual property rights; impacts of natural events
in the locations
in which we or the Company's customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's ownership structure; the impact of future sales of its common stock
in the public markets; the Company's ability to continue to pay a regular dividend; changes
in laws and regulations; restatements of the Company's consolidated financial statements; and other factors.
They have been struggling with three major sources of fiscal stress: slow tax revenue
growth,
growth in pension contributions that has been heavily concentrated
in a few states, and Medicaid spending
growth driven by recession - related enrollment.
Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those
in the forward - looking statements include, but are not limited to, increased competition; the Company's ability to maintain, extend and expand its reputation and brand image; the Company's ability to differentiate its products from other brands; the consolidation of retail customers; the Company's ability to predict, identify and interpret changes
in consumer preferences and demand; the Company's ability to drive revenue
growth in its key product categories, increase its market share or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility
in commodity, energy and other input costs; changes
in the Company's management team or other key personnel; the Company's inability to realize the anticipated benefits from the Company's cost savings initiatives; changes
in relationships with significant customers and suppliers; execution of the Company's international expansion strategy; changes
in laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure to successfully integrate the business and operations of the Company
in the expected time frame; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions
in the nations
in which the Company operates; the volatility of capital markets; increased
pension, labor and people - related expenses; volatility
in the market value of all or a portion of the derivatives that the Company uses; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's inability to protect intellectual property rights; impacts of natural events
in the locations
in which the Company or its customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; tax law changes or interpretations; and other factors.
2014.10.23 RBC Investor & Treasury Services quarterly survey: Canadian
pension assets inch higher in Q3 Pension assets rose for a fifth successive quarter despite concerns over anemic economic growth in the Eurozone and escalating global issues during the three months ending September, according to the latest survey from RBC Investor & Treasury Serv
pension assets inch higher
in Q3
Pension assets rose for a fifth successive quarter despite concerns over anemic economic growth in the Eurozone and escalating global issues during the three months ending September, according to the latest survey from RBC Investor & Treasury Serv
Pension assets rose for a fifth successive quarter despite concerns over anemic economic
growth in the Eurozone and escalating global issues during the three months ending September, according to the latest survey from RBC Investor & Treasury Services...
The
growth in operating expenses is composed of
growth in departmental expenses, which is partially offset by falling expenses related to
pensions and employee future benefits, reflecting the projected rise
in long - term interest rates.»
Bonds also contributed to Canadian
pension plan asset
growth, earning 3.1 per cent
in the quarter thanks to an early January rally.
But to the extent that it ignores the finger Lincoln points at the Civil War — to the extent that it forgets the decimation of a generation of young Americans at the beginnings of manhood; to the extent that it forgets the windrows of corpses at Shiloh, the odor of death
in the Wilderness, the walking skeletons of Andersonville, 623,000 dead all told, not to mention the interminable list of those crippled, orphaned, and widowed whose
pensions became the single largest bill paid by the federal government for the following half - century; to the extent that it ignores how the war cost the United States $ 6.6 billion, rocketed the national debt from $ 65 million to $ 2.7 billion, retarded commodity
growth for the next thirty years, and devalued its currency — then the call for reparations opens itself up to a charge of willful forgetfulness so massive that resentment, anger, and bitterness, rather than justice, will (I fear) be its real legacy.
In 2008, our research paper The UK Pensions Crisis found that occupational pension schemes lost between # 150 and # 225 billion in growth, as a result of the abolition of Advanced Corporation Tax relief on pension funds in the 1990
In 2008, our research paper The UK
Pensions Crisis found that occupational
pension schemes lost between # 150 and # 225 billion
in growth, as a result of the abolition of Advanced Corporation Tax relief on pension funds in the 1990
in growth, as a result of the abolition of Advanced Corporation Tax relief on
pension funds
in the 1990
in the 1990s.
Questions - Work and
Pensions Debates - Funding Jobs and
growth in a low carbon economy, Living standards Adjournment debate - Golden anniversary of Livingston New Town and Graeme Morrice
Cuomo, who had never previously taken a public position on the issue, said
in his veto message, «The existing statutory limits on the investment of public
pension funds are carefully designed to achieve the appropriate balance between promoting
growth and limiting risk.»
Robert Lowry, the council's deputy director, said that
growth in pension contributions «could pressure district leaders to put those plans on hold.»
And we can count on him to make smart investments with our
pension dollars that catalyze job
growth right here
in the city of New York.»
A January 2007 article (Solid
growth pushes assets above $ 50 billion)
in Pensions & Investments cited CRF as the second largest benefit fund investor
in hedge funds
in the nation.
· 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.
Bloomberg specifically mentioned his support for a new
pension tier for future employees that Cuomo offered up last week
in his budget address, both
in his own city and across the state, calling the current
growth «unsustainable.»
Pension Fund Invests
in Start Ups Another $ 20 million from the New York State Common Retirement Fund was committed to the Tribeca Venture Partners
Growth Fund to increase...
The battle comes after the Cuomo administration has been pressured to help counties more on costs mandated by Albany, an area where the governor's office insists it's already done the hard work, taking on the costs for the
growth in the program while also pushing through a new, less generous
pension tier five years ago.
Growth in the tax levy for school districts allows them certain exemptions, including capital expenditures, payment in lieu of taxes and pension g
Growth in the tax levy for school districts allows them certain exemptions, including capital expenditures, payment
in lieu of taxes and
pension growthgrowth.
A renewed commitment to re-link the state
pension to earnings
growth will be established
in the next parliament.
There are narrow, built -
in exemptions for
pensions and tax base
growth.
Anti-tax cap groups, including the state United Teachers, are disappointed
in the Democratic - led Assembly's version of the cap, which keeps the 2 percent ceiling on the
growth of taxes, but does include some narrow exemptions for
pensions
The property tax cap, a long sought measure for suburban lawmakers
in high - tax areas, does allow for some
growth in a municipality's tax base as well as some exceptions
in pensions costs.
McMahon, the director of the business - backed think - tank, said the proposed cap by the Assembly contains few exclusions, even if the
growth in pension costs above 2 percent is carved out of the measure.
Cuomo and lawmakers also agreed to curb
pension growth in the future with a new benefit tier for public workers.
More is needed including,
in due course, looking at public land and the use of
pension funds to drive this essential
growth.
DiNapoli's
pension «amortization» plan, which also is open to local governments, has capped the
growth in pension contribution rates at one percentage point of salary base per year since 2010.
Let me say this to the unions: to go on strike
in economic times like this, when you're being offered
pensions far more generous than most other people could ever afford, will hit
growth, will cost jobs.
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.