Sentences with phrase «of pension problems»

For example, this expansion may not effectively target those middle - earners at the greatest risk of pension problems.

Simply put, Puerto Rico's pension system is an accelerated example of pension problems in the rest of the country.

For example, this expansion may not effectively target those middle - earners at the greatest risk of pension problems.

Not exact matches

The first is the long term problem of setting enough money aside to pay for employee pensions.

Retirees now far outnumber active workers among the city's 700,000 residents, and unfunded pension liabilities are a key source of its problems.

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»).

Retirees are facing problems very similar to the average pension fund: In addition to not having enough cash contributions to keep up with the costs of aging, their returns have been hurt by interest rates that have been too low for too long.

thanks, and yes, a pittance of a pension and regular checkups keep us on budget and head off any problems — best decision i ever made (financial or otherwise) was serving our country doing search - and - rescue, oil and chemical spill remediation, etc. (you can guess the branch of service)-- along the way, frugal living, along with dollar - cost averaging, asset allocation, and diversification allowed us to retire early — Vanguard has been very good over the years, despite the Dot Bomb, 2002, and the recession (where we actually came out better with a modest but bargain retirement home purchase)... it's not easy building additional «legs» on a retirement platform, but now that we're here, cash, real estate, investments and insurance products, along with a small pension all help to avoid any real dependence on social security (we won't even need it at full retirement age)-- however, like nearly everybody, we're headed for Medicare in several years, albeit with a nice supplemental and pharmacy benefits — but our main concern is staying fit, active, and healthy!

He is the author of treatises on proxy voting and shareholder communications and his articles have appeared in The London Financial Times, The New York Times, The New York Law Journal, The American Lawyer, Insights, Pensions & Investments, The Corporate Governance Advisor, Directors & Boards, the Journal of Law and Contemporary Problems and other publications and professional blogs.

The problem is that the state - mandated pension plans for school - district employees are defined benefit plans, which means the amount of future benefits is guaranteed and has to be funded by the taxpayers and / or investment income.

In GMOs most recent letter, Jeremy Grantham leads off the piece with, «At GMO these days we argue over three very different pathways to a similar dismal 20 - year outlook for pension fund returns... A problem for investors following GMO's writing is which of these three alternatives to choose»

This week's announcement generated a new round of complaints about the ORPP, but it's important not to let problems with the ORPP undermine the strong general case for public pension expansion.

But there's also a wider problem: nearly two - thirds of Canadians have no workplace pension plan at all.

But can we not seek unity in a way that will help us transcend our particular North American problems, that will deliver us from decades of tinkering with boards, agencies, jurisdictions and pension funds?

The faith - group programs, representing Protestant, Catholics, and Jews, have consistently provided documentaries, dramas, and discussions which dealt with issues almost never touched by commercial broadcasting: the economic factors behind nuclear armaments; the issues behind draft evasion (during the Vietnam War); the real causes of worldwide starvation; and the problems of people who are ignored almost completely by the media, such as the aging who can not live on their pensions, unwed mothers, farm workers who have no homes, undocumented aliens whom we wish to employ but not pay, and refugees we are sending back to certain death in their own countries.

The strains on pension and medical care that Neuhaus invokes as the «big problem» of declining birthrates in the West arise primarily from the success, and cost, of medical technology in prolonging physical life.

This is especially true, given that many of the problems we face have a longer - term dimension: climate change, pensions and social care, and international economic development are just some of the more obvious examples.

Public opinion is likely to be split, but any suspicion that teachers are ignoring the plight of those in the private sector who don't have any pension scheme at all could pose problems for the NUT.

Blaming the Pension problem on the legitimate Civil Servants in the State, Counties, Municipalities and non-faculty School District employees is a fiction being promoted by the «Insiders» and their Business Council allies, the latter whom saw their defined contribution pension funds tank and with it those in retiree status or near retiree status losing half of their nesPension problem on the legitimate Civil Servants in the State, Counties, Municipalities and non-faculty School District employees is a fiction being promoted by the «Insiders» and their Business Council allies, the latter whom saw their defined contribution pension funds tank and with it those in retiree status or near retiree status losing half of their nespension funds tank and with it those in retiree status or near retiree status losing half of their nest eggs.

The problem with the Pension System is who is allowed into it and how they are allowed to raise their Final Average Salary (FAS), or the average of their three highest years in the System.

The documents detail any problems Department of Work and Pensions (DWP) staff imagined could arise from the programme, information about issues which did occur, and the outcome of a high - level review.

Harry Wilson, the 2010 GOP state comptroller candidate who came close to ousting the Democratic incumbent, Tom DiNapoli, focused much of his campaign on fixing the problems plaguing New York's pension system.

The Department for Work and Pensions (DWP) says that sanctions surged late last year because the department was clearing a backlog of cases, which had built up amid problems introducing the new benefit system.

Meanwhile, things that could address systemic problems and save the city and state real money, including public pension reform, get shouldered off the road in favor of transient quick fixes like taxes on soda and cigarettes.

Cuomo began with a round - up of the state's grave fiscal problems, including high unemployment, «exploding» pension costs and expenses that far outpace revenue.

The blight of low wage labour is spreading in this country — a scatter - gun approach is hardly the appropriate response to an entrenched, national problem,» Work and Pensions Spokesperson Jonathan Bartley said.

Liberal Democrat work and pensions spokesman David Laws repeated his call for Ms Primarolo to resign, saying the Treasury was «in a state of denial» about the problems facing one of its pet projects.

«Tom DiNapoli has spent the last three years providing solutions to our state's tough fiscal problems, conducting a top - to - bottom overhaul of the Office of the State Comptroller, and managing one of the nation's best performing pension funds.

«As I researched the idea of promoting savings in our sector, the idea of credit union came into mind and I said that's it because it dawned on me that majority of the people don't have savings accounts, insurance cover or even pension schemes and since I became the Chairman of GHAMRO I really felt the pinch because every now and then I get calls from members asking for advance payment of their royalty to either pay school fees, settle medical bills or to even solve other financial problems then I've realized that this vacuum has to be filled because GHAMRO doesn't have a policy to pay this type of monies».

This is a HUGE problem and abuse of the retirement system — all pensions should be capped at $ 100,000 max / year and have a annual COLA if warranted.

Shadow pensions secretary Philip Hammond warned this was the «financial equivalent of kicking it into the long grass», and said it was the introduction of means - testing by Labour that had reduced people's savings and led to today's problems in the first place.

One of the main problems with the state pension is that it is related to a person's earnings over their lifetime.

Mr Hammond welcomed the effort to tackle the problem of women's pensions, but warned that under the government's plans, in which only 30 years of NI contributions were needed for a full state pension, many women would still lose out.

«I am worried by the idea that by the mid part of this century, asking people to retire at 70 — incidentally, the age intended by Lloyd George in his great Act of 1908 — will be seen as the way to fix this problem, because we may not correct everything that we hope to correct just by increasing the state pension age and doing everything contained in this excellent Bill.

Big cities are not unique to the problem of unfunded pensions.

City residents might not yet have felt the impact of the fiscal problems, she said, but they soon will if a solution is not found for unmanageable costs such as health care and pensions.

Instead it suggests increasing the state pension age «to account for rising longevity» is a better way of tackling the problem.

This wouldn't be a problem if state pension costs didn't now constitute # 40 billion of extra spending in today's prices.

An outside review of New York's $ 150 billion pension fund for public workers shows it fixed ethical problems that led to a «pay - for - play» scandal.

The poll in question found 76 percent of voters felt the lack of transparency surrounding major policy deals on pension reform, redistricting, expansion of casino gambling and the DNA database was a «very serious» or «somewhat serious» problem.

In particular, there is the thorny problem of how automatic enrolment can be applied to Group Personal and Group Stakeholder Pensions.

But the tone of everything seems to be that the problem is public employees and public pensions and it's a terrible place to be.»

There are pensions problems now, of course, but these are nothing compared to what's ahead.

The Chartered Institute of Taxation has welcomed the increased flexibility for pension schemes likely to become effective from April 2015 but warns that this may lead to problems for people in the later years of their life.

The fate of UC, which is several years behind its original schedule after delays caused by management failings and IT design problems, has been the subject of speculation since its champion, the former work and pensions secretary Iain Duncan Smith, resigned in March after years of clashes with the Treasury.

Tim Hoefer of the Empire Center for Public Policy called the dual pensions a «major problem» that could wind up costing the bistate PA millions.

Is it wise as part of addressing the pension funding crisis to take the existing inadequate assets and use them to rescue the Government's current deficit, making the problem worse in the longer term?

Problems with the NHS and disputes over education reform have also led to major clashes between the leadership and the left of the party, while disputes over pensions have also soured relationships with many unions.

The work and pensions secretary used interviews ahead of the parliamentary appearance to insist he took «complete responsibility» for the debacle, but he is accused of trying to strong - arm Conservatives on the PAC to pin the blame for the universal credit problems onto his department's senior civil servant, Robert Devereux.

The problem with pensions is the cost of public pensions is increasing exponentially.