Sentences with phrase «past pension debt»

Not exact matches

By this past weekend, the company had # 900 million ($ 1.2 billion) in debt and a # 587 million ($ 808 million) pension deficit.

How well do you think a dedicated tax for past debts and pensions would fare?

Governor Bruce Rauner's recent pension bill would allow Chicago and other municipalities to file for bankruptcy, a mechanism which would allow the city to start over, restructure its past debt, and reform its pensions plans (but even in this case, there would be obstacles around when Chicago could actually file because of the way the city reports its debt).

The pension obligations are not going away anytime soon, and there's no magic solution for paying down those past debts.

Peter finally came to the realization that he would have to continue to work long past a comfortable retirement age just to stay ahead of the interest on the debt and once retired, his pension income would not be sufficient to sustain his living expenses and pay off the debt.

To this (negative) debt adjustment we should also add the remaining net pension deficit of 61 M. However, we do have an offset — INM's 18.6 % stake in APN News & Media (APN: AU)-- a ridiculous trophy asset that should have been sold years ago, but at least its value has recovered somewhat in the past year (to AUD 128 M).