Sentences with phrase «over the pension fund»

His claim that he's as «pure as the driven snow» because his job at Bear Stearns had nothing to do with any funny business is identical to Kirsten's statement that her relationship with Global Strategies has nothing to do with any funny business over the pension fund.

«Wall Street Harry Wilson is in favor of preserving the federal tax loophole that lets hedge fund managers pay less on their taxes than the rest of the state, wants to turn over the pension fund to the same Wall Street bankers that almost brought our economy to its knees, is against President Obama's Wall Street reform bill AND wants to enforce a $ 2,500 tax hike on households outside of New York City in his first year if he was elected.»

The plan has its limitations: state Comptroller Thomas DiNapoli runs the fund and Cuomo has zero control over the pension fund for hundreds of thousands of state and local government workers and retirees.

Co-edited by Simon Archer, the contributors to The Contradictions of Pension Fund Capitalism examine whether trade unions can exert meaningful control over pension funds.

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.

In the case of the Royal Mail, the government took over the corporation's pension plan and covered off the deficit in funding.

To that point, 92 percent of the 3,500 - plus readers who had taken our survey as of Dec. 4 said they would not roll over their 401 (k) funds into a company pension plan.

Shareholders in Barrick Gold — including seven major pension funds — used such a measure to express displeasure over an $ 11.9 - million signing bonus for its co-chairman.

To maintain the balance of their portfolios, pension fund managers have been selling equities and buying more bonds, and their notable demand for the latter counters the popular narrative that the 35 - year rally in fixed income is over.

As tax revenues have shrunk, the city's financial obligations have grown — mainly to an ever - expanding pool of 30,000 retirees, promised life - time pensions and health benefits by short - sighted government officials over decades who consistently failed to fund those future obligations.

Before joining NHPF, he was a real estate investment professional, with over 40 years of experience managing money for pension funds and other institutional investors.

The nation's funded and regulated private pension funds called Administradoras de Fondos de Pensiones (AFPs) and financed by workers» mandatory 10 % contributions, has now accumulated over $ 160 billion in privately - managed accounts.

Other top pension PE players over the same period were the Teacher Retirement System of Texas (15.5 percent); the Houston Firefighters» Relief and Retirement Fund (13.6 percent); the Minnesota State Board of Investment (14.4 percent); and the Iowa Public Employees» Retirement System (14.1 percent).

The Massachusetts Pension Reserves Investment Trust Fund earned the top rate of return from its PE portfolio with 15.4 percent annualized returns over 10 years.

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.

Although high finance obviously has been shaped by the Industrial Revolution's legacy of corporate finance, institutional investment such as pension fund saving as part of the industrial wage contract, mutual funds, and globalization along «financialized» lines, financial managers have taken over industrial companies to create what Hyman Minsky has called «money manager capitalism.»

In addition to the Canada Pension Plan Account, there was a Canada Pension Plan Investment Fund that would take the surplus that accumulated over and above administration costs and the amount of money required to pay immediate benefits (i.e. three months» worth) and invest it in provincial and federal securities.

Cerberus and its affiliates manage over $ 30 billion for many of the world's most respected investors, including government and private sector pension and retirement funds, charitable foundations and university endowments, insurance companies, family offices, sovereign wealth funds and high net worth individuals.

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.

Concern over gun investments has also come from pension funds.

And, over time, the employer's role in funding the plans would shrink: in 1989, employers contributed roughly 70 percent of the money that went into retirement plans; by 2002, employees» cash contributions outstripped company payments into retirement plans of all kinds — including traditional pensions.

It is well - established that you're better off, over the long haul, investing in passively - managed index funds rather than actively - managed mutual or pension funds.

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.

The public awareness of the degree to which State pension funds are underfunded has risen considerably over the past year.

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.

That's why PERA's — as well as most every other pension fund — has become more underfunded over the last year.

As the network notes, risk - averse investors prefer dividend stocks, which are common in pensions and mutual funds even though they've largely underperformed other market indexes over the past four years.

High street struggler House of Fraser is in talks with pension authorities over its retirement fund after revealing a major ownership shake - up and restructuring drive.

Pension funds urge Britain's biggest carbon polluters to come clean over financial crisis that lies ahead

They took trillions in investor dollars — mostly pension funds and foundations — and multiplied them many times over like so many loaves and fishes, developing a mystique as modern - day miracle workers.

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.

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»

I was managing pension fund equities in 1987 and I will always vividly remember Black Monday, as I stood in the trading room, reading the DJ news wire, and my trader said she was seeing NO bids at the opening bell, and over a third of the S&P 500 stocks were not even trading at 10:30 while other stocks were off 20 % + with bid - ask spreads as large as the Grand Canyon.

Over the course of his professional career Ricardo has worked at Banco Popular, where he was fund manager and head of the Quantitative Research Department of the bank's asset management arm, and Mutuaactivos, where he was head of the equity team and co-responsible for pension funds and managed mandates.

If we look at the past, the National Association of State Retirement Administrators has stated that, over the last 10 years, the return for public pension funds has been 5.7 %.

With American corporations eliminating more than 84,000 pension plans since 1985, and with the stock market experiencing over a decade of unprecedented volatility, Cheryl was acutely aware of how important this decision had become for what is the first generation in history required to self - fund their retirement.

Interestingly, pension fund ownership of Treasuries as a percentage of the whole has been remarkably stable over time, dipping in the recent period as yields hit generational lows.

Looking at the actuarial funded ratio for state and local pension plans, the aggregate funded status of these plans has significantly declined over the last 15 years despite equities attaining all - time highs in recent periods.

Even the funded Local Government Pension Scheme is running a deficit over # 50 billion.

The two campaigns have traded barbs in recent weeks over a controversial amortization plan that Wilson characterizes as borrowing from the pension fund and DiNapoli's camp insists is merely «smoothing» to provide predictability for local governments and the state when it comes to contributions.

New York City announced it filed a multibillion dollar lawsuit against five top oil companies, citing their «contributions to global warming,» as it said it would divest fossil fuel investments from its $ 189 billion public pension funds over the next five years.

NYC Mayor Bill de Blasio and Comptroller Scott Stringer say the divestment of roughly $ 5 billion in fossil fuel investments out of a total of $ 189 billion over five NYC pension funds is the largest of any municipality in the United States to date.

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 thesePension 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 thesepension funds to the state would receive average real yields of slightly over 76,000 forints on these funds.

New York's state and city pension funds collectively have well over a million active and retired members.

ALBANY, N.Y. (AP)- The New York state comptroller says the state's public pension fund is nearing $ 207 billion thanks to strong results from financial markets over the past year.

The New York state comptroller says the state's public pension fund is nearing $ 207 billion thanks to strong results from financial markets over the past year.

New York City is suing BP over the drop in its stock price after the 2010 Gulf of Mexico oil spill, saying its pension funds lost $ 39 million.

Labour unions have for the past seven years battled government over payment of their second - tier pension funds.

Cuomo's long - term goal for the pension fund could be to scale - back costs over years.