Sentences with phrase «meet pension costs»

The governor says the alternative would be for local governments to lay off workers as they struggle to meet pension costs.

2011: Kodak shares fall by more than 80 per cent, partly because the company struggles to meet pension costs for its employees

Not exact matches

That extra money will be necessary to try to meet the ever - increasing costs of our healthcare and pension systems.»

As more local governments find themselves unable to meet the increasing costs, particularly related to pensions and retiree health benefits, municipalities have begun to more seriously consider debt restructuring under the bankruptcy code as an option for right - sizing their budgets.

Speaking at a public meeting in which the Park District's $ 385 million budget was unveiled, Laurence Msall, president of the Civic Federation, said the tax watchdog group supported the district's restraint in not raising property taxes and increasing employee contributions to health care costs, but was troubled by the «pension holiday.»

Governor Cuomo told county leaders gathered for their annual meeting that he would meet them half way in providing mandate relief in the form of helping to defray health care and future pension costs.

A UK offensive against the cost of maintaining European officials, proposing a series of measures which would see their pay and pension costs cut, met with little support.

That's enough to cover about one - fourth of overall school spending in the two - county region, but experts said it is not sufficient to fully meet rising costs of teacher pensions and other high expenses.

Meeting the governor's spending target will get harder in future years, thanks to a newly projected $ 1.6 billion increase in pension costs between 2017 and 2019.

School superintendents across the state had hoped that lawmakers would provide additional help, by allowing districts to set aside extra cash reserves to meet the costs of pensions covering teachers, guidance counselors and other professional school staffers.

Minority Leader Steven Matteo, head of the Council's three Republicans, first addressed property taxes, which he wants to see reformed, then wondered about the costs of the city's pension obligations and when they would be fully met.

«Over the years they have not put in enough money to meet the cost of new pension promises — they have put money into equities rather than bonds and that risk has not paid off.

«ASCL urges the STRB to press the DfE to fully fund pay rises so that the government meets the additional costs rather than again expecting them to be met from existing school budgets which are already under huge pressure because of unfunded increases to employers» contributions to teacher pensions and National Insurance costs.»

«Schools urgently need extra funding to meet the additional costs Government has put on them through increased National Insurance and pension payments.

The district staff will explain to the school board their plans to decrease the deficit drivers at future meetings when they explore special education, pension costs and retired benefit costs.

In the four years before President Macri's arrival, the Argentine economy grew at a paltry 1.6 % rate per year — meaning that, in per capita terms, it didn't grow at all... Consumer inflation, on the other hand, averaged almost 30 % per year... At the end of May, the government announced a plan to increase public pensions and devolve tax revenues to the provinces that, if implemented (which is almost certain), will cost the national government a significant amount of money and make meeting primary deficit targets... all but impossible to achieve.

PRPPs will offer them a new, low - cost and accessible pension option to help meet their retirement goals.

In today's age of rising costs, a tiny amount of pension will not be sufficient to meet the rising costs.

«Because general (non-real estate) investment returns have not been high enough to meet future return obligations, pension funds and other institutional funds have been reducing the headcount of managers as a cost - saving measure, as well as «shooting for larger returns» by looking at increased levels of investment in real estate.»

Many of the pension plan limitations will change for 2015 because the increase in the cost - of - living index met the statutory thresholds that trigger their adjustment.