Sentences with phrase «new pension plans»

Ten million people could be automatically enrolled in a personal savings account by 2012, under new pension plans unveiled today.

Arguably the hottest topic at the 2015 round tables was Ontario's new pension plan, which is limited to Ontario only and currently is not expected to become a national plan.

The new pension plan would have progressive contribution rates between 4 percent and 6 percent with shared risk / reward for employees and employers to account for market volatility.

You may still be able to transfer money from the LIRA to the new pension plan.

Currently, the YMPE is $ 54,900, but in 2019 when the new pension plan comes into play, Morneau Shepell estimates that it will be around $ 60,200 and will grow by around 3.1 % yearly.

The Ontario government's new pension plan was intended to ensure that every resident is prepared for a comfortable retirement, but calculations by Fred Vettese, chief actuary at Morneau Shepell, show that it may be even more generous that most people think.

Telecommunications Employees Association of Manitoba Inc. v. Manitoba Telecom Services Inc., 2014 SCC 11 (34763) New pension plan violated legal duties arising re Manitoba Telephone System Reorganization and Consequential Amendments Act; is not inconsistent with a MOU signed with representatives of plan members.

13th May 2016: Star Union Dai - ichi Life has recently launched a new pension plan with some unique features.

Leading private insurer Reliance Life plans to launch a new pension plan as early as next month and has sought the sector regulator IRDA's approval for the same, a top official said.

The annuitant can thereafter purchase a new pension plan or invest some of the amount for a regular income in return from LIC.

Pradhan Mantri Vaya Vandana Yojana by LIC is the newest pension plan launched by the LIC for senior citizens who have attained an age of 60 years and above.

Under the brand new Pension plan, each such critical authorities employee will open a personal retirement account on becoming a member of the service.

Not exact matches

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 Canada Pension Plan Act says that once a sufficient number of provincial governments have indicated support, the federal government can move forward and lock in the reform with an Order in Council — no new Parliamentary debate or legislation is required.

To do this, pension experts like Ambachtsheer and Greg Hurst, a principal with retirement benefits administrator Morneau Sobeco, recommend creating a new kind of multi-employer pension plan into which every working Canadian would be automatically enrolled, though they could opt out or alter the standard contribution rates.

Late last year Toyota announced that beginning Jan. 1 new Canadian hires would be enrolled in a defined - contribution pension plan, not the more generous defined - benefit plan enjoyed by current full - time employees.

Similarly, the New Zealand government blocked the sale of a $ 1.4 - billion partial stake in the Auckland International Airport to the Canada Pension Plan Investment Board.

The new Indus Towers board will have 11 members - three each from Bharti Airtel and Vodafone, one from KKR or Canada Pension Plan Investment Board and four independent members, the companies said.

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.

A slew of new regulations passed in 2006, including the sweeping Pension Protection Act, affect everything from phone bills to 401 (k) plans.

CUPW is the only remaining employee group that has yet to accept — or have imposed — a defined contribution pension plan for new employees.

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

Speaking with The Globe and Mail, CPAA president Brenda McAuley expressed disappointment at the arbitrator's decision: «We've been the CPAA for more than 100 years and we feel getting a defined contribution pension plan is selling out our new members,» she said.

As regulation takes shape and new investment vehicles pop up, pension plans and endowments are considering crypto assets.

He said that makes it difficult to find new investments at a price that provide the returns that are required so the Canada Pension Plan can deliver on its commitments.

It has received funding from the Ontario Teachers Pension Plan, which will buy about US$ 500 million of the equity, and Canadian private equity firm West Face Capital, which will buy US$ 250 million of the new HBC equity.

That's pretty much what the federal government has been doing since 2006, with tweaks such as abolishing mandatory retirement, a graduated rise in the eligibility age for OAS benefits and new tax - sheltered savings vehicles in tax - free savings accounts and pooled registered pension plans.

They need to buy new planes, repair worn - out parts, manage their company pension plan, and everything else a service industry has to do.

It has received commitments from the Ontario Teachers Pension Plan, which will buy about US$ 500 million of the equity, and Canadian private equity firm West Face Capital, which will buy US$ 250 million of the new HBC equity.

Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).

Unless those employers that don't already offer registered pension plans are required to offer PRPPs, the new plans are «dead in the water,» says Vettese, chief actuary at human resources consultancy Morneau Shepell.

The Federal Government's new retirement savings plan, the Pooled Registered Pension Plan (PRPP), has attracted some rather negative commeplan, the Pooled Registered Pension Plan (PRPP), has attracted some rather negative commePlan (PRPP), has attracted some rather negative comments.

Among the things that prompted the creation of the inquiries were: financial difficulties facing DB pension plans and related concerns about DB funding rules; long simmering and unresolved legal issues, the most prominent of which revolve around the use of surpluses in DB plans; ambiguity about how EPP regulations apply to new hybrid plans; a lack of harmonization among Canadian regulatory laws; and declining coverage by EPPs in general and DB plans in particular.

While Old Age Security and the Guaranteed Income Supplement were designed to provide a basic minimum amount to Canadian seniors, the new Canada and Quebec Pension Plans were contributory social insurance programs established to provide basic death, survivor and disability benefits as well as retirement coverage.

Ottawa should encourage widespread investment in existing and new infrastructure by institutional investors, such as pension plans and insurers, according to a new report from the C.D. Howe Institute...

TORONTO / NEW YORK (Reuters)- Canadian pension plan Ontario Municipal Employees Retirement System has been talking with major U.S. and Canadian private equity firms about selling land registry company Teranet in a deal that could fetch about C$ 3 billion ($ 2.4 billion), according to people familiar with the situation.

The recent stock market and real estate bubbles are much like pyramid schemes in the sense that what is bidding up stock and property prices is an exponential inflow of new money from pension plans and mutual funds (for shares) and bank credit (for real estate).

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.

Mr. Boains was instrumental in the strategic planning for new investment vehicles such as direct investment pension plans and a 529 College Savings Plan.

The investment powerhouse - with reported plans to raise a new $ US10 billion buyout fund this year and owner of all sorts of Australian assets - is believed to have been talking to potential backers including pension funds from its home market about putting together a consortium.

A new NASRA resource provides detailed information about key changes made to public pension plans since 2016.

Service members may be able to participate in the new blended retirement system, which changes pension guarantees but also provides matching contributions to the Thrift Savings Plan.

Wall Street has developed a new way, clouded in obscurity, to fleece the hundreds of millions of Americans who have money invested in company pension plans, mutual funds and insurance policies.

Recently, the Ontario Government provided new details regarding the Ontario Retirement Pension Plan

As the proxy indicates, GE's pension plan has been closed to new participants since 2012, although there are ongoing plans for management.

New accounting rules are likely to show that public pension plans could face hundreds of billions of dollars in additional liabilities, putting new pressure on state and local governments to aNew accounting rules are likely to show that public pension plans could face hundreds of billions of dollars in additional liabilities, putting new pressure on state and local governments to anew pressure on state and local governments to act.

Smiths» new management team had a strong first year at the helm, highlighted by margin improvement at the detection division, the announced acquisition of Safran's Morpho detection business and a significant de-risking of its U.K. pension plan.

Last month, Democratic New York Gov. Andrew Cuomo announced plans to have the state pension funds also divest from fossil fuel investments.

If these new weakened pension plans are going to be legislated for federally - regulated workers, why wouldn't Harper do it to us?

A new study finds the nation's public pension plans are in worse shape that originally thought due to sketchy accounting practices.