Government agencies are warning that signing
over your pension for several years is often not worth a quick cash loan.
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 Conservative government favoured PRPPs
over more intrusive proposals
for reform, such as expanding the Canada
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.
The defeat was the most serious setback
for Prodi's nine - month - old coalition government, also deeply divided
over a host of domestic issues ranging from the budget,
pension reform and a bill giving legal recognition to gay and unwed couples.
The collapse raises fears
for the jobs and
pensions of the 43,000 people employed by the company worldwide as well as questions
over what will become of the 450 projects the U.K. government has employed the company to carry out.
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.
Courtney Pratt, a former Toronto Hydro executive, took
over in January 2004, and Stelco quickly filed
for creditor protection with $ 545 million in long - term debt and a $ 1.3 - billion
pension hole.
Torstar is investigating a merger of its
pension plan assets with a multi-employer plan called CAAT, which would take
over the obligation
for paying past accrued benefits and future
pension benefits of Torstar employees.
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.
January 1952 saw the beginning of the country's first universal old age
pension, Old Age Security,
for people 70 years of age and
over.
Like Old Age Security, the qualifying age
for the Canada
Pension Plan retirement pension would be reduced to 65 over the five - year period between 1965 an
Pension Plan retirement
pension would be reduced to 65 over the five - year period between 1965 an
pension would be reduced to 65
over the five - year period between 1965 and 1970.
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!
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.
For example, the Canada
Pension Plan Investment Board has
over 1,100 staff and one of the largest PE portfolios in the world.
During a leveraged buyout the
Pension liabilities MUST be planned
for in advance of the take -
over and pre-funded!!!
2014.10.23 RBC Investor & Treasury Services quarterly survey: Canadian
pension assets inch higher in Q3 Pension assets rose for a fifth successive quarter despite concerns over anemic economic growth in the Eurozone and escalating global issues during the three months ending September, according to the latest survey from RBC Investor & Treasury Serv
pension assets inch higher in Q3
Pension assets rose for a fifth successive quarter despite concerns over anemic economic growth in the Eurozone and escalating global issues during the three months ending September, according to the latest survey from RBC Investor & Treasury Serv
Pension assets rose
for a fifth successive quarter despite concerns
over anemic economic growth in the Eurozone and escalating global issues during the three months ending September, according to the latest survey from RBC Investor & Treasury Services...
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»
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.
The 401 (k) was originally developed as a supplement to traditional defined - contribution (
pension) plans, but company cost - cutting
over the years means that the 401 (k) has become one of the primary ways Americans save
for retirement.
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 %.
One of the most interesting pieces I've come across lately deals with an investment firm that's been managing the
pension plan
for Tampa's police and firefighters
for over 40 years.
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.
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.
The rule is long — running
over 1,000 pages — and complicated, but «doable»
for financial advisors, says Marcia Wagner, managing director of the Wagner Law Group, a Boston law firm specializing in employee benefits and
pension law.
And the fight
for decent
pension provision
for everyone is not yet
over.
Otto Thoresen: «
Pension providers are committed to ensuring value for money, transparent pensions — average pension charges have been falling steadily over the last decade and are now at their lowest ever levels&
Pension providers are committed to ensuring value
for money, transparent
pensions — average
pension charges have been falling steadily over the last decade and are now at their lowest ever levels&
pension charges have been falling steadily
over the last decade and are now at their lowest ever levels».
The state Department of Financial Services has begun an investigation into
pension advance firms, the lenders that woo retirees to sign
over their monthly
pension checks in return
for cash.
«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.
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.
For what it's worth, Spitzer and Bloomberg are again disagreeing — this time
over the mayor's warning that NYC could very well go the way of Detroit if his successor fails to control the city's rapidly rising health care and
pension costs.
Tens of thousands of teachers across the north - west will be taking strike action today (Thursday 27 June) as a further step in the NASUWT and NUT teacher unions» dispute with the Secretary of State
for Education
over pay,
pensions, working conditions and jobs.
And the debate
over whether to enhance disability
pensions for NYC police officers and firefighters has elements of both.
An obese judge did not do his $ 193,000 - a-year job
for over three years because he was too fat — and will still retire with a hefty
pension even though an ethics panel found he milked the system, The Post has learned.
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.
In the first term, Cuomo battled public labor unions
over the Tier Six
pension measure, cut a deal with lawmakers in the Assembly and Senate to draw their own legislative boundaries, capped property taxes and was hesitant to embrace taxing the rich that was called
for by the nascent Occupy Wall Street movement.
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.
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.
The union yesterday (24) started balloting more than 250,000 of its members in civil and public services
for a national strike
over cuts to jobs,
pensions and pay: www.pcs.org.uk
Shadow Minister
for the Cabinet Office Francis Maude has pressed the Prime Minister
over the rather fraught issue of Lord Falconer's
pension.
Barney Keller, a spokesman
for GOP gubernatorial rival Rick Lazio, said, «The last thing we need in Albany is another liberal Democrat like Steve Levy, who has taken
over $ 400,000 in campaign contributions from the very same special interests that are stretching New York's
pension system beyond the breaking point.»
In response to Cabinet Office minister Francis Maude's admission that the implementation of the Universal Credit system has been «pretty lamentable», the Department
for Work and
Pensions has told ITV News Iain Duncan Smith has «not shied away from any tough decisions»
over the policy:
They are also eligible
for guaranteed career
pensions and retiree health insurance, with the state paying
for most of their health insurance premiums and reimbursing lawmakers
over 65
for Medicare Part B premiums.
According to one member of Heaney's team, «John Faso and his firm were banned [from lobbying in Albany]
for five years
over the
pension scandal.
An obese acting state Supreme Court judge did not do his $ 193,000 - a-year job
for over three years because he was too fat, and will still retire with a hefty
pension even though an ethics panel found he milked the system.
Labour unions have
for the past seven years battled government
over payment of their second - tier
pension funds.
It is our understanding that the force have admitted that the method they used in the reduction of officers
pensions for these pensioners who are
over 65 years of age did not comply with legislation.
«A recent survey
for the NASUWT of
over 37,000 teachers and headteachers found overwhelming opposition to the Coalition Government's proposed
pension reforms.
All four candidates also said they would favor collective bargaining with city employee unions
over possibly reducing
pension benefits
for new employees in order to rein in the budget, rather than a unilateral decision by the city.