Sentences with phrase «over pension changes»

Commenting on the Welsh teaching union's decision to strike on October 5 over pension changes, Christine Blower, General Secretary of the National Union of Teachers, the largest teachers» union, said this:

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.

Chriss pegs growth in the contingent work force to structural changes in employment over the past decades, including a decline in enrollment in defined - benefit pension plans and growth in the average duration of unemployment.

The change has the potential to attract as many as 9.4 million new users over time from 257,000 now, and generate an annual capital flow of up to 1 trillion yen ($ 9.46 billion) into the private - pension sector, according to Nomura Research Institute (NRI).

But ministers, currently engaged in a standoff with union officials over public sector pension changes, are unlikely to be willing to make major concessions.

Gordon Brown does not have the ultimate power over changes to the pension system, according to the work and pensions secretary.

The proposed pension reform will not result in immediate savings, but the governor insists that the savings over time will be worth the changes now.

Teachers and lecturers from across London will be going on strike tomorrow, in a row over changes to their pensions.

CU did give incumbent Democratic Comptroller Tom DiNapoli credit for making changes after taking over from his disgraced predecessor, Alan Hevesi, that improved transparency and addressed the issue of placement agents and fundraising vis - a-vis the pension fund.

Officers aged 45 or over will see no change at all to their pension.

Commenting on today's announcement that the Government is to bring forward the effective date from which the state pension age will only become payable at 68, Chris Keates, General Secretary of the NASUWT — The Teachers» Union said:, «Over recent years teachers have already faced hugely detrimental changes to their occupational pensions, compounded by year after year of real term cuts to their pay.

The NASUWT remains in dispute with the Government over adverse changes to teachers» pensions, including the arbitrary decision to increase their normal pension age.

Unite also expressed fears over the future of the Royal Mail pension scheme as the company seeks to drive through changes ahead of the proposed sale which could lead to cuts in pension payouts.

The government is also under pressure over the possible impact on family budgets of changes to welfare, following reports that Iain Duncan Smith, the work and pensions secretary, is looking at plans to cut child benefit.

A fight over disability pension benefits escalated on Friday, with the de Blasio administration defending its proposal and police and fire unions and members of the City Council claiming it short - changes uniformed workers, forcing them to choose between a better line - of - duty pension or a higher cost - of - living increase after retirement.

Over the past year we've consulted widely on whether we should make compulsory changes to the pension tax system.

The second poll on the 24th June asked specifically about teachers taking strike action on the 30th June over changes to pblic sector pensions that «mean teachers will have to work longer and pay more towards lower pensions.»

And pensions, when finally received, have to be cut back — by changing the accrual rate from final salary to average over working life.

Albany experts dispute the $ 6 billion figure, saying that pension changes enacted previously would actually save $ 21 billion over the next two decades.

The pension change would cost the city an estimated $ 5 billion over 30 years.

The Work and Pensions Secretary, Iain Duncan Smith, has said he would support changes to the way MPs» expenses are overseen, following the row over Culture Secretary Maria Miller's claims.

The coalition government faces the first industrial uprising against its austerity measures today as up to 750,000 public servants strike over planned changes to their pensions.

He has promised dramatic changes to the state's pension system and its formula for funding schools, over the objections of his old enemies in organized labor.

That finally changed this week, as we came together to put in place a bold pension reform plan that will save taxpayers more than $ 80 billion over the next three decades.

Work and pensions secretary Iain Duncan Smith revealed he was in talks with a number of other European countries over how EU rules could be changed to make it harder for new arrivals to swiftly claim benefits.

Legislators, in an all night session, took the first step to change the state's constitution to require lawmakers convicted of a felony to forfeit their pensions, in answer to public outcry over dozens of Senators and Assembly members, including the two former leaders of the legislature keeping healthy pensions even though many have been sentenced to prison.

Firefighters in England and Wales have gone on strike in the latest round of their long - running row over changes to their pensions and retirement age.

Conclusion There have been many changes to the pensions world over the past few years, each affecting teachers to differing degrees.

Morrissey reproduces from our EFP article Figure 1 (for Ohio) below and claims that this graph shows the change in pension wealth as a percent of earnings over a teacher's career.

Over and above that, 10 % of the annual savings from the policy changes built into this bill will go back into the pension system.

The EIS agm is often the forum for teachers to threaten industrial action, but strikes are usually avoided although the union has walked out with other public sector unions over changes to pensions.

But Mr Gove has angered teachers over the past year with changes to their pay and pensions and to the national curriculum and exams.

A change made by the Governmental Accounting Standards Board in 2004, and phased in over following years, required state and local governments to recognize the liability for Other Post-Employment Benefits (OPEB), that is, benefits other than pensions.

More generally, we demonstrate the utility of using structural retirement models to analyze fiscal and workforce effects of changes to public sector pension plans, since the effects of pension reforms cumulate over many years.

Over at Education Next, Drs. Robert M. Costrell and Michael Podgursky have produced thorough reviews of the problems with back - loaded, defined - benefit pension plans, including how these plans punish public school teachers that change localities during their careers.

More importantly, these allocations don't change much over time, because pension fund managers are less likely to chase performance and buy what's hot.

Over the last decade the pensions landscape has fundamentally changed, from auto - enrolment to pension freedoms.

My work pension is through another portal with SunLife, and although I totally love the lower fees, I know it's going to get confusing over the tears when I start new jobs and change retirement vehicles.

Finally, don't overlook any pension assets in which you may be vested, especially if you changed employers over the course of your career.

That's because recent changes allow couples over 65 to split their income from RRIFs, annuities and pensions for tax purposes.

As part of a six member group of officers over a 30 + staff in Provident Mutual's Pension Division, I made and helped make significant changes that improved profitability and lowered risk.

This is because companies would flatten out the impact of changes in their pension plan's funded position over an extended time period.

In order to properly use Monte Carlo in retirement planning, dozens to hundreds of inputs need to change to reach a Real World probability number: Life expectancy, age of retirement, investment payouts, yields vs. share selling, investment returns, inflation, income goals, Social Security, all of the types of taxes, pension payouts, annual cash flow surpluses and deficits, random earned incomes, replacing vehicles every ten years, allocation mix changes over time; and then duplicate all of that for every investment individually, then for the spouse, then account for all of that compounding in every year, and the list goes on and on.

The landscape of retirement has changed dramatically over the last few decades, however, and with traditional pension plans dwindling, the future of Social Security uncertain, the rising costs of health care, and now retirement right around the corner, people are rethinking their approach to retirement income.

New York City is suing five of the largest oil companies over the billions of dollars it spends protecting the city from the effects of climate change, and it plans to divest its pension funds» $ 5 billion in assets involving fossil fuel producers, Mayor Bill de Blasio announced Wednesday.

The CRF is the first major US pension fund to join the Coalition's 28 members, who between them control over $ 3 trillion in assets and have pledged to gradually decarbonize a total of $ 600 billion by designing investment portfolios with a smaller climate change impact.

«Pension changes have been rife during the current Parliament, and many of the announcements have rightly been heralded as a success for pensioners with greater freedom over their retirement funding — albeit freedom which comes with greater personal responsibility.

And if you are lucky enough to have been a member of an occupation pension scheme, confusion is no doubt generated by the change in terminology over time.

Here is what you need to know about Income Replacement Benefits (IRB's): • IRB's are calculated at 70 % of your average gross income based on your employment history o Your income is calculated as the higher of either (i) the 52 weeks before the accident OR (ii) the 4 weeks before the accident multiplied by 13 o Self - employed income is calculated as the higher of either (i) the 52 weeks before the accident OR (ii) the last fiscal year o If you are receiving other income replacement assistance, such as short term or long term disability benefits, those amounts are deductable from the amount of your IRB eligibility • IRB's are capped at $ 400 per week • The first 7 days of your disability are not covered by IRB's • IRB's are payable for a 104 week (2 year) period, but you may be eligible to continue receiving this benefit past the 2 years indefinitely, if after the 2 year mark you are unable to do any occupation for which you are reasonably suited by way of your education, training and experience • The age 65 marks changes in IRB's o If you are already over the age of 65, IRB's are payable up to 208 weeks and gradually reduced over that period o If you reach the age 65 while already receiving benefits, the IRB is converted to a lifetime pension at a reduced rate based on an established formula

Anna comments in The Financial Times on spouses being in the dark over pension transfers after the changes which came into force in April and gave over-55s full flexibility to do as they wish with savings built in so - called «defined contribution» pensions.