Sentences with phrase «on rising pension costs»

Cities and villages across the state are raising taxes or implementing new ones for a variety of functions, from attracting a fast - food restaurant to catching up on rising pension costs.

Not exact matches

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.

Rising housing prices raise the cost of living, while rising stock and bond prices increase the cost of buying a retirement income — leaving pension funds unable to make good on their proRising housing prices raise the cost of living, while rising stock and bond prices increase the cost of buying a retirement income — leaving pension funds unable to make good on their prorising stock and bond prices increase the cost of buying a retirement income — leaving pension funds unable to make good on their promises.

The Mayor went on the say that what does threaten the city are rising pension and health care costs for public employees.

Some local governments say these were the final steps before bankruptcy as they struggle to pay rising pension costs, payrolls and more on a shrinking and overburdened tax base.

The mayor's pension proposal — coming one day after a shrunken state budget from the new governor, Andrew M. Cuomo, with similar tough talk — represents a clear bid to capitalize on growing concerns about pension costs and rising anti-union sentiments, even among traditional labor allies.

Negotiations with the public employee unions on contracts will have a dramatic impact on the budget as the county grapples with the rising cost of health insurance and rapidly escalating costs of paying into the public employee retirement and pension system.

In my role on the NYSAC executive committee, I have input as to what could inhibit this goal, issues such as mandate relief, rising pension costs, Medicaid reform.

Pension costs for teachers and other professional school staffers are expected to rise about 10 percent in the 2018 - 19 school year for districts on Long Island and statewide after three years of reductions, according to estimates by the New York State Teachers» Retirement System.

Bloomberg also pointed to rising pension costs as a dire threat to the city's finances, warning it has a «ticking time bomb» on its hands.

Mr. Cuomo's budget proposal would let municipalities and school districts address rising pension costs by borrowing more now — which will mean paying more later on, as interest rates, now at historic lows, are sure to rise.

Schools face significant cost pressures from rising pupil numbers, increased employer pension and National Insurance contributions and potential upward pressure on wages.»

Compounding the rising generosity of pension benefit formulas is the decline of interest rates on low - risk investments, which raises the cost of providing teachers with a fixed, guaranteed pension benefit.

Between 2004 and 2012, data on fringe benefits from the Bureau of Labor Statistics show that pension costs for public educators rose from 11.9 to 16.7 percent of salaries.

It is therefore notable that we find a clear downward trend from about 2010 on, when pension costs began to rise sharply, with newer charter schools much less likely to participate in the state plan.

As a result of inaction from the state to address this unfair burden on CPS, the District had to take money from the classroom to cover rising teacher pension costs.

Professor Marty West mentions that largely lost in the debate about teacher pay, meanwhile, is that state education budgets are increasingly being allocated to the rising costs of health care and pensions, putting downward pressure on salaries.

In addition to the non-fiscal benefits attached to educational choice, the program can relieve pressure for district budgets from rising pension costs (for each one million dollars spent on the program, I estimated that the state would save almost half of that amount, while school districts would save almost $ 700,000).

And with the nationally fixed employer contribution rate of 16.4 per cent for the Teacher Pension Scheme also expected to rise, school leaders are warning more cost - cutting measures may be on the cards.

Instead the story makes a passing reference to rising pension costs and pins the rest of the blame on cuts to state aid.

In that piece the reporters attributed the district's problems to a range of issues, including rising pension costs and cuts to state education aid, but the piece also noted that it was unclear exactly what the system owed on pensions.

In our new report, «The Pension Pac - Man: How Pension Debt Eats Away at Teacher Salaries,» we show that, like the proverbial Pac - Man, the rapidly rising costs of teacher retirement and insurance benefits are pushing out money that could be spent on salaries (Figure 1 from the paper).

Because of rising pension costs, Louisiana's school districts have already made noticeable cuts to their expenditures on instructional programs, textbooks and other school supplies, and special education services.

Although the costs of Iowa's pension system (IPERS) are rising, my presentation focused on the benefits side of the equation: Is Iowa's pension plan good for the state's teachers?

On Friday, The New York Times ran a story called «Higher Education in Illinois Is Dying» and cited rising pension costs as a major factor in the state's budget woes.

Pension fund returns fell below the interest rate on New Jersey's bonds, and the state, faced with budget deficits, stopped making the annual contributions required to keep pace with rising costs.

Labor strife has been on the rise in Canada as unions push back against corporate cost - cutting drives and governments strive to reduce wage and pension costs.

If you end up living on the Pension, you will probably not be able to afford the rising cost of this insurance product, and if you miss your payments your policy will be cancelled and you will lose all of the money you have paid so far.