Sentences with phrase «pension contributions from»

Maxwell had also been seeking pension contributions from the government, but both the trial judge and the appeals court chose to only award her pension contributions for her severance period.

Overall, taxpayers pay for only 25 percent of the pension fund's benefits, with investment income (69 percent) and pension contributions from active judges (8 percent) paying for the rest, she said.

Malcolm Trobe, interim general secretary of the Association of School and College Leaders, commented on the longer school day saying: «While we welcome any additional funding for schools, the reality is that the government has already made savings by requiring schools to pay increased employer National Insurance and pension contributions from existing budgets.

According to the comptroller's analysis, the city's pension contributions from 2000 to 2010 were $ 31.6 billion higher than would have been expected under pre-2000 benefit levels and actuarial assumptions.

It also raised the possibility that the Agency could receive new pension contributions from individuals and companies.

Not exact matches

Both included sizable contributions from OMERS Ventures, the VC arm of the Ontario municipal pension fund.

On the second substantial issue facing the airline, the pension shortfall, Air Canada almost certainly needs to broker a compromise, likely involving contributions from both sides, and perhaps the federal government, to cover the gap.

«Nothing is stopping any company from teaming up with an insurance company and setting up a DC [defined contribution] pension plan or a group RRSP for their employees.

The Canadian Labour Congress conducted a campaign through the fall of 2009, calling for contributions to and benefits from the Canada Pension Plan to be doubled.

Perhaps the biggest sticking point is the company's pension plan, which Canada Post is proposing be changed from a defined benefit plan to a defined contribution plan.

Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.

A major sticking point is Canada Post's proposed shift from a defined benefit pension plan to a defined contribution plan.

Wiseman said all of CPPIB's investment teams made material contributions last year, producing CPPIB's largest level of annual investment income since inception, but noted the Canada Pension Plan isn't expected to need to draw money from the fund until at least 2023 and, even then, at a relatively small amount for several years.

About $ 30 billion of the increase was due to investments and $ 5.7 billion came from excess contributions paid to the pension plan by working Canadians and their employers outside of Quebec.

Vettese and other pension experts want new hires to be automatically enrolled in PRPPs, with a minimum default contribution deducted from payroll.

The target cuts, in turn, can lead to increased contributions from employees and their employers to fund the pension systems as their reliance on investment returns decreases.

State and local employees» contributions to the two largest pension systems increased by 10 %, from 5 % to 5.5 % of their annual salaries and increased the retirement benefit age for new public employees, from 55 to 60 years.

As is noted by Dilnot, 1996, the exemption of pension contributions and investment income from taxation and the taxation of benefit payments is typical of OECD countries.

In the 23rd Actuarial Report on the Canada Pension Plan (OCA, 2007), the Office of the Chief Actuary (OCA) certified that, in spite of the substantial increase in CPP benefit payments that would result from the retirement of the baby boom generation, the current legislated contribution rate of 9.9 per cent for employers and employees combined would be more than enough to pay for benefits through 2075.

The Institute's rationale for increasing the overall contribution rate from 20 per cent of pay to 24 per cent is their claim that the use of «fair - value» calculations reveals that the pension liabilities are much higher than reported, due to the use of a too high discount rate.

Saunders, the president of the Vancouver and District Labour Council, says that Canadian workers and their pensions are more exposed to risk during market trouble because of the successful campaign over the past decades to move from defined benefit pensions, which guarantee a certain monthly amount when you retire, to defined contribution plans, promoted by market enthusiasts.

Every pension fund he studied is a monthly net seller of assets in order to fund beneficiary payouts — i.e. the cash contributions from current payees into the fund plus investment returns on capital is not enough to fund current beneficiary payouts.

A report in February last year from the Pensions and Lifetime Savings Association suggested default funds for defined contribution (DC) pensions - which 90 per cent of DC savers subscribe to - are vulnerable to a range of environmental, social and governance risks (ESG), including substantial climaPensions and Lifetime Savings Association suggested default funds for defined contribution (DC) pensions - which 90 per cent of DC savers subscribe to - are vulnerable to a range of environmental, social and governance risks (ESG), including substantial climapensions - which 90 per cent of DC savers subscribe to - are vulnerable to a range of environmental, social and governance risks (ESG), including substantial climate risk.

This is all the more important in a defined contribution (DC) world, where the individual - with help from employer contributions and tax rebates - is responsible for accumulating sufficient funds to supplement the UK state pension.

The employer has an obligation to deduct Canada Pension Plan contributions (CPP), Employment Insurance premiums (EI) and income tax from remuneration paid in each pay period.

That's 2x # 20k, assuming you have a partner, and # 4ok into a pension (or more, if your partner has income from employment too, or if your pension contributions were less than # 40k pa in the last few years).

You can make pension contributions equal to 100 % of your income from employment.

Upper - class individuals will obviously benefit from the new limit, but the new measure is also designed for public service employees and teachers with defined benefit pensions and contributions they rely on.

Benefits have also been trimmed in recent years by switching from defined contribution pensions to 401 (k) s and increasing employee contributions to health care costs.

But this makes little sense given the data they present: U.S. workers with less than a high - school degree had relatively little access to traditional pensions before the shift away from pensions to defined - contribution plans.

Case and Deaton speculate that the shift from defined - benefit pension plans in the U.S. to defined - contribution plans (such as the 401 (k)-RRB- may have caused the upward shift in mortality rates.

The pensions are funded by local taxes, district fees, employee contributions and investment profits from that money.

Pension woes blame Now that the Securities and Exchange Commission's cease - and - desist order has revealed that the state's politicians have underfunded the pension systems for 19 years, I would hope that the Tribune and others would stop blaming the employees who have their pension contribution deducted from every one of their Pension woes blame Now that the Securities and Exchange Commission's cease - and - desist order has revealed that the state's politicians have underfunded the pension systems for 19 years, I would hope that the Tribune and others would stop blaming the employees who have their pension contribution deducted from every one of their pension systems for 19 years, I would hope that the Tribune and others would stop blaming the employees who have their pension contribution deducted from every one of their pension contribution deducted from every one of their checks.

They think the government is covering up the real reason for the proposed increase in pension contributions, from 6.4 % to 9.5 %.

In the 1990s, Sweden reformed its pension system away from an expensive defined - benefit system to a defined - contribution system in order to contain costs amid concerns that the former system would be unsustainable as the population aged.

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.

It seems to be the movement is away from defined contribution and that there would be some sort of pension reform.

Edwards has blamed Albany for much of his county's fiscal woes, noting everything from Medicaid costs to state pension fund contributions are going up.

And refusing campaign contributions from anyone doing business with the State pension fund.»

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.

State Senate Democrats have reaped $ 85,000 in election - year campaign contributions from the state teachers union since they skipped last month's vote to cut pension benefits for new teachers and other public employees.

The stable pension contribution rate for local governments and schools, submitted as part of the Executive Budget, will provide a new tool for local governments to access the long - term savings from Tier VI and have greater predictability in their fiscal planning.

In addition to supporting the pension forfeiture, 66 percent of those polled also support banning political contributions by companies that do business with the level of government they contribute to, and 55 percent back banning elected officials from earning income outside of their government salary.

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.»

The New York Times Editorializes In Favor of Corporate Disclosure Reform NY reported last week about New York State Comptroller Thomas DiNapoli, who is seeking disclosure of political contributions from corporationsthat the state pension fund holds stock in.

Last week, we learned that New York State Comptroller, Thomas P. DiNapoli, is seeking disclosure of political contributions from corporations in the state pension fund.

Reform NY reported last week about New York State Comptroller Thomas DiNapoli, who is seeking disclosure of political contributions from corporationsthat the state pension fund holds stock in.

Thanks to a new pension tier enacted in Albany, the city's pension contribution is expected to decline, from $ 8.1 billion in 2014 to $ 8 billion in 2015.

That he was going to go along with the plan to borrow from the pension to pay the local government contributions is reason enough to give him the heave - ho.

In 2018/19, those Scottish taxpayers who make pension contributions under relief at source arrangements will also continue to benefit from pensions relief applied at 20 % until a long - term solution can be found.