Sentences with phrase «including pension contributions»

All three towns had seen revenue such as the mortgage recording taxes drop sharply with the financial crisis of 2008 at the same time that municipal costs, including pension contributions, went up.

Benefits included pension contribution of 6 % if they contribute 3 %, 30 days annual leave, private healthcare, travel season ticket loan, tuition support sponsorship if they want to qualify for a trade up to 50 %.

Not exact matches

This includes $ 24B in domestic pension plans, $ 7B in foreign pension plans and $ 21B in the defined contribution plan.

Both included sizable contributions from OMERS Ventures, the VC arm of the Ontario municipal pension fund.

The choices are many, including defined contribution plans like the 401 (k), simplified employee pension (or SEP) IRAs and money purchase plans.

This category includes various forms of non-healthcare insurance, such as life insurance, as well as Social Security payments and contributions to retirement plans, such as pensions, IRAs, and other personal retirement accounts.

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.

Arbitrator Michel Picher accepted Canada Post's agreement proposal, which included a shift towards a defined contribution pension plan for all new employees.

Starting next January, 27 million Japanese, including housewives and civil servants, will be newly eligible to set up private defined - contribution pension accounts.

Total direct compensation does not include the value of a CEO's pension, as well as the employer's contribution to share ownership plans.

The criteria for judging replacement rates typically incorporate a recognition that the pre-retirement period includes expenses associated with making provision for retirement (e.g. pension contributions, individual retirement savings, and so on) and certain work related expenses that will end with retirement.

The ITA sets contribution limits for DC pensions and RRSPs, and maximum benefit limits for DB plans, including ancillary benefits.

We do support, however, changes to the funding and management of the federal employees» pension plans, including the move to more equitable contribution rates, changes in retirement provisions for new employees, among others.

Total compensation per employee consists of many different elements, including not only negotiated / imposed wage settlements, bracket creep (employees moving up within their pay range), composition of employment (professional vs clerical), pay equity, pension and other future employee benefit costs driven in part by market conditions, Canada and Quebec Pension Plan contributions (which increase by the annual increase in the industrial wage), among pension and other future employee benefit costs driven in part by market conditions, Canada and Quebec Pension Plan contributions (which increase by the annual increase in the industrial wage), among Pension Plan contributions (which increase by the annual increase in the industrial wage), among others.

The defined contribution plan category contains a broad range of plans including profit - sharing plans, money purchase plans, 401 (k) plans, employee stock ownership (ESOP) plans and two types of plans especially popular with small businesses: SIMPLE plans and SEPs (simplified employee pensions).

And, over time, the employer's role in funding the plans would shrink: in 1989, employers contributed roughly 70 percent of the money that went into retirement plans; by 2002, employees» cash contributions outstripped company payments into retirement plans of all kinds — including traditional pensions.

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 climaPensions 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 climapensions - 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.

The Internal Revenue Service allows individuals who are age 50 or older by the end of the calendar year to make extra pre-tax contributions to their work - sponsored retirement plan account (s), including their 401 (k), 403 (b), Salary Reduction Simplified Employee Pension Plan, or governmental 457 (b).

Here's how: Solo 401 (k) s and SEP IRAs: If you're self - employed and have a solo 401 (k) plan or Simplified Employee Pension (SEP) IRA, you can make extra contributions to either plan this year as an «employer» until the due date for your business income tax return, including any extensions.

Some folks have no pensions; some have a defined contribution plan, which depends on the market; others, including most public employees and more than half of the private - sector ones have a defined benefits plan — you get a guaranteed pension based upon years of service.

The changes, which include changes to contribution caps and rules, transition to retirement and the pension transfer cap, have seen retirement savers rush to pad out their superannuation accounts with a surge in voluntary contributions ahead of the June cut - off.

Sean Coffey and his former law firm made big campaign contributions to pension fund powerbrokers — including $ 16,000 to disgraced former state Comptroller Alan Hevesi — and supposedly landed big contracts in return.

These include the basic State Pension, the additional (Second) State Pension, contribution - based Jobseeker's Allowance, contribution - based Employment and Support Allowance, Maternity Allowance, and bereavement benefits.

What: Forced out of office in 2006 for trading access to New York's $ 124 billion public employee pension fund for $ 1 million in benefits — including campaign contributions and luxury trips to Israel and Italy.

In addition, to address the fact that just 30 per cent of women are entitled to the full state pension, Mr Hutton announced a new credit system to ensure everybody's contribution to society - including those who care for children or the elderly - counted towards their pension.

About 45,000 of the telecom giant's workers, represented by the Communications Workers of America and the International Brotherhood of Electrical Workers, walked off the job on Aug. 7 in protest against Draconian concessions demanded by the highly profitable company, including eliminating pensions for new hires; slashing paid sick time and holidays; and increasing employees» contributions to their health care costs.

The limit on property tax hikes is 2 percent or the rate of inflation, whichever is lower, and includes some exceptions for municipalities with high litigation or pension contribution costs, or for staying under the cap before.

DiNapoli has been critical of the governor's push for Tier VI, a new, less generous pension tier for future state workers that includes the option of a 401 (k)- style defined contribution plan.

Options include an end to tax relief on pension contributions for higher - rate taxpayers, an «accessions tax» to replace inheritance tax, and further increases in capital gains tax.»

Governor Cuomo implemented a number of cost - saving programs early in his tenure, including the Global Medicaid Cap, a new pension tier, and a negotiated increase in employee health insurance contributions.

The scheme has to be fully funded (i.e. employer contributions must be set to meet 100 % of existing and prospective pension liabilities including pension increases) or have a plan to become so.

«Those reasons include conservative budgeting and otherwise strong financial management, flat to declining pension contributions and increases in state aid.»

These include: Company Income Tax (CIT), Value Added Tax (VAT), Customs & Excise Tariff (CET), Personal Income Tax (PIT), Pension Contributions, Industrial Development Income Tax Relief (IDITR); and Tertiary Education Trust Fund.

PoliticsHome has the full text of Harriet Harman's statement on the issue, which also includes the proposal to «increase the contribution required from MPs by around # 60 per month for the current year and to extend the scheme's pension limit of two thirds of final salary to all scheme members for future service».

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 package also includes a controversial proposal to require teachers to increase the contribution to their pensions from 6 percent to 7 percent.

«In the Budget I set out the tax increases we were prepared to make, including on capital gains at the higher rate, pension relief on the largest contributions and... a permanent levy on banks.

«Steve Rattner was willing to do whatever it took to get his hands on pension fund money including paying kickbacks, orchestrating a movie deal, and funneling campaign contributions,» Cuomo said in a press release.

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.

Some details have already emerged on the deals, which have no pay increases, include the 16 unpaid furlough days which amount to roughly a 3 percent pay cut, and call for higher contributions for pensions and health insurance.

Key factors contributing to this issue include the tenuous state of the Social Security system, greater use of defined - contribution pension plans by employers, longer lifespans, and the rise of depression and other mental health issues in older Americans.

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.

However, what may change is the rate of contributions and the components of pay included in the calculation of pension contributions.

This means that contributions include both the «normal cost» of pension liabilities accruing to current employees and the legacy costs of amortizing unfunded liabilities accrued previously (due to a variety of reasons, including the original pay - as - you go nature of most plans, as well as unfunded benefit enhancements over the years).

This does not include contributions to Social Security, the costs of retiree health benefits, or the pension contributions of the school employees themselves.

Key features of the reformed scheme include: increase contributions paid by members of the scheme; switch from final salary, to Career Average Revalued Earnings (CARE); pre-retirement revaluation of earnings for CARE at CPI +1.6 per cent; accrual rate of 1 / 57th of salary; and linking of the Normal Pension Age with the State Pension Age.

These required pension contributions will likely constrain the district from spending money on anything else, including field trips, classroom supplies, extra services for high - need students, technology, and raises, which is unfortunate because our teachers remain underpaid compared to the average across Alameda County school districts.

Approximately one third of this is spent on teachers» take - home pay through base salaries, stipends, and incentives (i.e. what teachers see in their pre-tax paycheck rather than total compensation, which includes benefits and pension contributions).

But instead of simply trimming existing teacher pensions, alternative benefit designs like 401 (k)- style defined contributions plans or cash balance plans would enable all public school teachers to accumulate savings toward a secure retirement, including those with shorter careers.

Career teachers in the top percentile saw benefit increases of nearly $ 100,000 in estimated pension wealth, while the gain for new teachers was just under $ 4,000 (not including their own funding contributions).