The NUT National Executive today (Wednesday 15 June) unanimously endorsed national strike action
over pensions on 30 June.
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 fossil fuel divestment campaign began
on university campuses in 2011 but the new report reveals that concerns
over investments in coal, oil and gas have now entered the financial mainstream, with more than 80 % of the funds now committed to divest being managed by commercial investment and
pension funds.
The current round of hand - wringing
over pensions got its start in late 2007, when the British Columbia and Alberta governments appointed the Joint Expert Panel
on Pension Standards to examine the existing retirement system.
Even investors with generous benefits and
pension plans must take
on some risk to build a decent nest egg, «so do you really care if markets go up or down 15 %
over a six - month period?»
And
over the last forty years, large corporations have nearly eliminated the safety nets that workers used to count
on from them, including implicit promises of long term employment and secure
pensions.
Instead of financing Social Security and Medicare out of progressive taxes levied
on the highest income brackets — mainly the FIRE sector — the dream of privatizing these entitlement programs is to turn this tax surplus
over to financial managers to bid up stock and bond prices, much as
pension - fund capitalism did from the 1960s onward.
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!
When I said that the cult of equity was dying, what I meant was that those investors and those liabilities structures such as
pension funds and insurance companies that have depended
on a 6.5 % constant real return from stocks such as we've have had
over the past century are bound to be disappointed.
Canada has been doing a pretty good job of supporting its tech startups, but I'm calling
on government, private investors, banks and
pension funds to double down
on that support to help make them the country's engine of growth
over the next decade.
He concluded that, based
on the current stated amount of underfunding at every big
pension fund, if the Dow / SPX declined 10 % or more
over a sustained period of time — where «sustained period» is defined as 3 - 4 month — every public
pension fund in the country would collapse.
A recent study, published
on Market Watch of
over 15,000 consumers found that the average American will run out of retirement funds, other than state and occupational
pensions, around 14 years into retirement.
Yes, she has to cede control
over the majority of her
pension pot but I believe it's worth it to ensure she's as secure as possible from here
on in.
With corporations eliminating more than 84,000
pension plans since 1985,
over a decade of unprecedented and ongoing market volatility, a Social Security system that has
over 2,000 filing rules and a government agency prohibited from dispensing advice, the ability to offer expertise
on the topic of when and how to develop a Social Security filing strategy is paramount to helping retirees remain financially viable throughout retirement.
Many are
over sixty - five, retired, living
on savings,
pensions, and social security.
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:
Six unions have mounted a legal challenge
on behalf of millions of public sector workers
over what inflation index is used to increase their
pensions.
The prime minister's spokesman has been
on the defensive when it comes to unions» threat of further strike action
over public sector
pensions.
As part of the ongoing talks
over wider cuts to public sector
pensions, ministers have since ruled out any negotiations
on the issue.
«The consequence of the long - drawn - out negotiations
over the latest reform appears to be little or no long - term saving to the taxpayer or reduction in generosity,
on average, of
pensions for public service workers,» Carl Emmerson, deputy director of the IFS, said.
On July 22, 2011, government Pension Defense Commissioner Selmeczi announced that 2.45 million of the 3.02 million employees who had relinquished their private pension funds to the state would receive average real yields of slightly over 76,000 forints on these fund
On July 22, 2011, government
Pension Defense Commissioner Selmeczi announced that 2.45 million of the 3.02 million employees who had relinquished their private pension funds to the state would receive average real yields of slightly over 76,000 forints on these
Pension Defense Commissioner Selmeczi announced that 2.45 million of the 3.02 million employees who had relinquished their private
pension funds to the state would receive average real yields of slightly over 76,000 forints on these
pension funds to the state would receive average real yields of slightly
over 76,000 forints
on these fund
on these funds.
The party's new policy expresses great concern that the current methods used to evaluate defined benefit (ie final salary and career average)
pensions have been unable to cope with these unprecedented market conditions, and this, coupled with over-regulation on the part of the Pensions Regulator, had produced wildly volatile deficits which no - one could predict — wholly unsatisfactory for schemes that have to plan over half a
pensions have been unable to cope with these unprecedented market conditions, and this, coupled with
over-regulation
on the part of the
Pensions Regulator, had produced wildly volatile deficits which no - one could predict — wholly unsatisfactory for schemes that have to plan over half a
Pensions Regulator, had produced wildly volatile deficits which no - one could predict — wholly unsatisfactory for schemes that have to plan
over half a century.
Public - sector labor unions quickly went to work expressing anger
over the potential agreement for the
pension amendment
on Wednesday evening.
You can make sure that people have a bigger stake in society — more generous
pensions, easier to get
on the housing ladder, more access to shares and savings
over their life, perhaps a stake in the company that they work for.
Lord Heseltine comments
on the reported rift between George Osborne and work and
pensions secretary Iain Duncan Smith
over benefit cuts.
Only three in ten of the 12 million women
over 45 have made sufficient NI payments to qualify for a full state
pension on retirement.
On reports that 50,000 Britons are facing eviction
over the Bedroom Tax, last night Liam Byrne MP, Labour's Shadow Work and
Pensions Secretary, released this statement:
In the past few months, the leaders of all the public sector unions threatened a mass strike of three million workers
over pensions, while this week the Public and Commercial Services (PCS) union balloted members
on industrial action
over civil service job cuts.
Wolfson did not comment directly
on de Blasio, who is at odds with Cuomo
over the issue and is favoring a more fiscally conservative
pension plan, but his comments put him
on the side of City Hall in its dispute with the state.
Public sector workers in Britain have gone
on strike today in a row
over pay,
pensions, conditions, jobs and spending cuts.
Public sector workers are striking today
over a row
on pay, conditions,
pensions and spending cuts.
Moira Kelly, chair of the CIOT Scottish Technical Committee, said: «The agreement between the UK and Scottish Governments
on the continued operation of
pensions relief and Marriage Allowance are both practical and pragmatic and give taxpayers and advisers much needed certainty a little
over two weeks before the start of the new tax year.
Managers earning
over # 50,000 cost councils # 1.9 billion, while
over # 4.3 billion
on employer
pension contributions.
During a question and answer session with union delegates following the speech, Mr Miliband was regularly heckled by delegates, particularly
over his stance
on public sector
pensions and academy schools.
The
pension liabilities for New York state and New York City have been kept in check
over the years by hiking contributions, but increasing costs could place pressure
on future budgets, according to report released this week by Moody's.
Based
on the current RPI of 4.8 % and CPI figure of 3.1 %, a teacher with an annual
pension of # 10,000 could lose a staggering # 74,016
over a 25 year period.
Rising anger
over the cuts, though the
pensions dispute has nothing whatever to do with the budget deficit, will reinforce the resistance, thus far and no further,
on an issue where the Government is seen to be acting manifestly unfairly.
Mayor Bill de Blasio unveiled today his solution to the ongoing conflict
over pension payouts to cops, firefighters, corrections officers and sanitation workers hurt
on the job — but union leaders said they remain unsatisfied.
He spoke out as sources at the civil service PCS union, which joined teachers
on strike in June in a row
over the Government's
pension reforms, said its national executive had agreed to hold another one - day walkout in the autumn.
Thursday's strike
over Government proposals
on public sector
pensions will bring to a head simmering tensions
on several fronts.
Teachers and lecturers from across London will be going
on strike tomorrow, in a row
over changes to their
pensions.
Escalating the tension
on Tuesday, DiNapoli issued a report that was critical of the
pension proposal that was baked into the budget and questioned Cuomo's desire for more control
over how money is moved between agencies, warning it could lead to an erosion of oversight.
The ex-state
pension official busted in a sex - drugs - and - rock -»n' - roll bribery case completely flew under the radar of state Comptroller Tom DiNapoli — who
on Thursday said Navnoor Kang was fired
over...
The governor and the legislative leaders, meanwhile, announced an agreement
on a budget scheme allowing the state and many local governments — but not New York City — to «borrow» nearly $ 6 billion
over the next three years from the state
pension system in order to use the funds to make required annual contributions back to the
pension fund.
Taxpayers
on Long Island will ante up $ 1.25 billion for the New York State
pension system during the next 12 months, a nearly 40 - percent increase
over the previous yearlong period.
From the President who has refused to act
on investigative reports submitted to him
on grievous allegations of diverting
over a billion naira meant for resettlement of Internal Displaced Persons (IDPs) by the Secretary to the Government of the Federation, Babachir Lawal under the Presidential Initiative for the North East (PINE) and the miraculous discovery of 13billion naira in an apartment at Ikoyi, Lagos under the supervision of the Director of the Nigerian Intelligence Agency (NIA), Ayodele Oke, to the Head of Service of the Federation, Oyo - Ita Winifred Ekanem, who connived with others to reinstate into active duty and promote Abdulrasheed Maina, the former Chairman of the
Pension Reform Task Team, who allegedly stole over 6billion naira pension fund; the Chief of Staff to President Buhari now renamed the «Thief of Staff», Abba Kyari, who allegedly received a bribe of 500million naira to negotiate a fine reduction for MTN Nigeria, and has continuously been in the heart of every sharp practices in the Presidency; the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu who allegedly received a kickback of 3.8 billion naira in exchange for marginal oilfield using his brother, Dumebi Kachikwu as front; the Minister of Justice, Abubakar Malami, who was the brain behind the reinstatement of Abdulrasheed Maina; the Chief of Army Staff, General Tukur Buratai who during his time as the Director of Procurement at the Army Headquarters allegedly diverted funds meant to equip the Military into buying choice properties worth millions of dollar in Dubai; the Minister for Solid Minerals, Dr. Kayode Fayemi who allegedly embezled State Universal Education Board (SUBEB) funds as the Governor of Ekiti State; the Minister for Interior, Abdulrahman Bello Dambazau who was indicted by a Presidential investigative committee probing Arm procurement for awarding ghost contracts worth $ 930,500,690 with others while as the Chief of Army Staff between 2008 - 2010 and one of the brains behind the reinstatement of Abdulrasheed Maina; the Minister of Transportation, Rotimi Amaechi alleged to have stolent 142billion naira as the Governor of Rivers
Pension Reform Task Team, who allegedly stole
over 6billion naira
pension fund; the Chief of Staff to President Buhari now renamed the «Thief of Staff», Abba Kyari, who allegedly received a bribe of 500million naira to negotiate a fine reduction for MTN Nigeria, and has continuously been in the heart of every sharp practices in the Presidency; the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu who allegedly received a kickback of 3.8 billion naira in exchange for marginal oilfield using his brother, Dumebi Kachikwu as front; the Minister of Justice, Abubakar Malami, who was the brain behind the reinstatement of Abdulrasheed Maina; the Chief of Army Staff, General Tukur Buratai who during his time as the Director of Procurement at the Army Headquarters allegedly diverted funds meant to equip the Military into buying choice properties worth millions of dollar in Dubai; the Minister for Solid Minerals, Dr. Kayode Fayemi who allegedly embezled State Universal Education Board (SUBEB) funds as the Governor of Ekiti State; the Minister for Interior, Abdulrahman Bello Dambazau who was indicted by a Presidential investigative committee probing Arm procurement for awarding ghost contracts worth $ 930,500,690 with others while as the Chief of Army Staff between 2008 - 2010 and one of the brains behind the reinstatement of Abdulrasheed Maina; the Minister of Transportation, Rotimi Amaechi alleged to have stolent 142billion naira as the Governor of Rivers
pension fund; the Chief of Staff to President Buhari now renamed the «Thief of Staff», Abba Kyari, who allegedly received a bribe of 500million naira to negotiate a fine reduction for MTN Nigeria, and has continuously been in the heart of every sharp practices in the Presidency; the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu who allegedly received a kickback of 3.8 billion naira in exchange for marginal oilfield using his brother, Dumebi Kachikwu as front; the Minister of Justice, Abubakar Malami, who was the brain behind the reinstatement of Abdulrasheed Maina; the Chief of Army Staff, General Tukur Buratai who during his time as the Director of Procurement at the Army Headquarters allegedly diverted funds meant to equip the Military into buying choice properties worth millions of dollar in Dubai; the Minister for Solid Minerals, Dr. Kayode Fayemi who allegedly embezled State Universal Education Board (SUBEB) funds as the Governor of Ekiti State; the Minister for Interior, Abdulrahman Bello Dambazau who was indicted by a Presidential investigative committee probing Arm procurement for awarding ghost contracts worth $ 930,500,690 with others while as the Chief of Army Staff between 2008 - 2010 and one of the brains behind the reinstatement of Abdulrasheed Maina; the Minister of Transportation, Rotimi Amaechi alleged to have stolent 142billion naira as the Governor of Rivers State.
«To do otherwise would be to give carte blanche to any for profit enterprise intent
on running roughshod
over our state
pension fund.»
However, work and
pensions secretary John Hutton told BBC One's Sunday AM yesterday: «This looks like «back to basics» all
over again and I can't believe that is where the Tories want to end up
on this.»
Republican Harry Wilson is keeping the heat
on the man he's trying to oust, Democratic state Comptroller Tom DiNapoli,
over a proposed
pension fund borrowing plan, calling for a televised debate
on the issue.
But early
on as governor he was at odds with public - sector labor groups, including public employee unions he battled
over contract renewals as well as a new, less generous
pension tier during his first term.