Sentences with phrase «large pension deficits»

Conservative investors investing in the steel industry will look for companies that do not have large pension deficits, and companies that are non-union, or where the unions have made peace with management.

In 2010, faced with the one of the largest pension deficits in the country, Illinois created a new, less generous pension plan for new teachers that lengthened the vesting requirement from five years to ten.

Not exact matches

The belief is that because rates are being kept artificially low, then the pension deficits are also artificially and temporarily large.

These large Rust - Belt metropolitan areas are collapsing under the weight massive budget deficits and catastrophically underfunded public employee pension funds.

In doing so, they are heeding Boris Johnson's calls for a «citizen's wealth fund»: last October, London's mayor proposed pooling some of the UK's 39,000 public pension funds into a single investment fund large enough to reduce the country's dependence on foreign investment and close its infrastructure financing deficit.

The Roundtable CEO with the largest deficit in his company's worker pension fund is Jeffrey Immelt of General Electric, with $ 22.6 billion.

On Monday deputy Bank governor Ben Broadbent was forced to defend the bank's policies against MPs who said employers were scaling back investment and limiting wage rises in response to the growing burden of larger occupational pension scheme deficits.

«I didn't hear him talk about whether it's fair that we have the most unfunded pension liability in the nation, that we have one of the largest budget deficits in the nation.

For many years, pensions have been the single largest driver of CPS's structural deficit.

Academies Enterprise Trust, the country's largest academy chain, has a pension deficit of # 68.6 million, down from # 71.9 million the previous year, when nine of its academies were merged, closed or moved to other trusts.

«Continued focus on employers» ability to support large pension scheme deficits — including TPR's naturally prudential approach — has encouraged many schemes to revert more to gilts in recent years.

The buy - out deficit of the Nortel Networks UK pension plan was in excess of US$ 3 billion, making the UK Pension Claimants the second largest creditor of the Nortelpension plan was in excess of US$ 3 billion, making the UK Pension Claimants the second largest creditor of the NortelPension Claimants the second largest creditor of the Nortel group.

Because of the large deficit in the Halcrow pension scheme this would have led to Halcrow UK's insolvency and the loss of its substantial UK business as well as job losses.