Sentences with phrase «of pension costs»

The district's share of pension costs rose from about $ 14 million in 2006 to approximately $ 28 million by 2013, even as K - 12 student enrollment fell by 10,000 students.

The most significant change is a partial exclusion of pension costs from the 2 percent cap.

They also noted that when yields are very low, it's almost impossible for a company to understand what it's future liabilities are in terms of pension costs, for example.

When the stock market was performing well in the 1990s, the PSERS system (Public School Employees» Retirement System) used the opportunity to give school districts and the state, which contributes more than half of pension costs for schools around Pennsylvania, a pension holiday.

Mr. Malanga states, «When the stock market was performing well in the 1990s, the PSERS system (Public School Employees» Retirement System) used the opportunity to give school districts and the state, which contributes more than half of pension costs for schools around Pennsylvania, a pension holiday.

Oneida County Executive Anthony Picente Jr. took his effort to reduce the burden of pension costs on local governments and county taxpayers to Albany yesterday, speaking in support of Governor Cuomo's proposed Tier VI retirement system.

Under either program, they can only amortize a portion of their pension costs.

Non-operating components of pension costs are excluded from both segment earnings before tax and comparable earnings (a non-GAAP measure) to more accurately reflect the operating performance of the business.

Though he wouldn't say if he expects Tier Six or any sort of pension cost saving to ultimately be in the budget, Silver said he still expects an on - time spending plan.

Newsday has assembled a database of pension costs that reveals what public agencies on Long Island pay into three state pension systems - the Employees» Retirement System, the Police and Fire Retirement System, and the Teachers» Retirement System.

The college faces a number of financial challenges including an increase in employee benefits of $ 379,000 or 2 percent primarily because of pension costs, and an increase in contractual expenses and supplies of $ 351,000 or 4 percent.

The crippling explosion of pension costs for the Chicago Public Schools has captured national attention.

After we pointed out that ECEC - style data on annual contributions to public pension plans are a dramatic underestimate of pension costs, most of the pay comparison literature followed our lead in applying some kind of correction.

In addition to impacting teachers and other school employees» ability to save for retirement, the growing burden of pension costs in Colorado also takes money out of classroom.

Under Walker's plan, most public workers - excluding police, firefighters and state troopers - would have to pay half of their pension costs and at least 12 percent of their health - care costs.

The state law — which went into effect in June 2011 — allows officials to leave out certain costs from the cap: a portion of the pension costs, capital expenditures and court awards from personal liability cases.

The state's share of pension costs, though smaller, will also double, and teachers» contributions, deducted from their paychecks, will rise by about a quarter, from 8 percent of their pay to 10.25 percent.

Under Walker's plan, most public workers - excluding police, firefighters and state troopers - would have to pay half of their pension costs and at least 12 percent of their health - care costs.

McGee says there is an argument to be made that local taxpayers should bear some of the pension costs, but suggests that states pick up the bills in order to mitigate any financial harm to school districts.