Tied to the teaching workforce is massive pension debt: Collectively, teacher
pension debt accounts for $ 500 billion of all state pension debt.
Not exact matches
These risks and uncertainties include competition and other economic conditions including fragmentation of the media landscape and competition from other media alternatives; changes in advertising demand, circulation levels and audience shares; the Company's ability to develop and grow its online businesses; the Company's reliance on revenue from printing and distributing third - party publications; changes in newsprint prices; macroeconomic trends and conditions; the Company's ability to adapt to technological changes; the Company's ability to realize benefits or synergies from acquisitions or divestitures or to operate its businesses effectively following acquisitions or divestitures; the Company's success in implementing expense mitigation efforts; the Company's reliance on third - party vendors for various services; adverse results from litigation, governmental investigations or tax - related proceedings or audits; the Company's ability to attract and retain employees; the Company's ability to satisfy
pension and other postretirement employee benefit obligations; changes in
accounting standards; the effect of labor strikes, lockouts and labor negotiations; regulatory and judicial rulings; the Company's indebtedness and ability to comply with
debt covenants applicable to its
debt facilities; the Company's ability to satisfy future capital and liquidity requirements; the Company's ability to access the credit and capital markets at the times and in the amounts needed and on acceptable terms; and other events beyond the Company's control that may result in unexpected adverse operating results.
Simply put, the price UTX will pay for this acquisition — which comes to ~ $ 33 billion when
accounting for all forms of
debt and unfunded
pension liabilities — makes it almost impossible for the deal to create long - term value for shareholders.
A general rule of thumb says it's safe to stop saving and start spending once you are
debt - free and your retirement income from Social Security,
pension, retirement
accounts, etc. can cover your expenses and inflation.
Generally, though, we look at
debt - to - equity ratios, liquidity, depreciation rates,
accounting practices,
pension and healthcare liabilities, and «hidden» assets and liabilities.
If the United States is ever to pay off its vast and rising public
debt, as well as the growing deficits in its teacher
pension accounts, it will have to fix not only the nation's schools but local ones, too.
States have not paid for
pension costs on an honest
accounting basis, and they have accrued billions of dollars in
pension debt that avoids so - called «balanced budget» requirements.
For example, Governor Malloy's irresponsible borrowing policies mean that the state MUST increase its
debt service payments by at least $ 672 million dollars over the next three years and mandatory payments to the state employee and teacher
pension and healthcare funds will
account for an additional $ 620 million.
Now, the
debt - to - GDP graph above doesn't take into
account pension and entitlement underfunding / non-funding.
So filing bankruptcy (depending on the
debts owed) may not prevent certain actions by the IRS, lawsuits to collect support payments, certain types of criminal restitution actions, and loans from a
pension account such as an IRA.
The tax
debt arises from receiving
pension income from various sources with not enough taxes withheld from each source to
account for the fact that their income may increase into a higher tax bracket.
(Note that these are current ballpark figures and don't
account for future inflation, employer
pensions or
debt you may have.)
She has a good paying job with
pension benefits, a good sized savings
account and some low - interest
debt.»
It is important to retain an experienced law firm that has significant expertise with the financial issues involved in Divorce, including property division, the valuation of assets, spousal maintenance (alimony), real estate issues, cash flow schedules, balance sheet preparation,
debt division, business valuation, present value calculations for
pensions, the analysis of retirement
accounts and various tax issues associated with Divorce.
This includes bank
accounts, registered savings plans, credit card
debts, and
pensions.
Assets such as the family house, bank
accounts, investments and
pensions need to be divided and any
debts need to be addressed.
Diversified Equity Portfolio Large Cap Portfolio Small and Mid Cap Portfolio Multi Cap Portfolio Flexicap Portfolio Top Equity Mutual Funds Best Balanced Funds Best Income Generating Funds Dividend Paying Mutual Funds Monthly Income Plan Retirement Income Plan
Pension Plan Retirement Plan
Pension Scheme Annuity Old Age
Pension Low Risk Mutual Funds Top
Debt Funds Top Liquid Funds Better than FD funds Better than RD funds Super Savings
Account
You will also need to provide documentations of your assets to your divorce attorney during the process: income, real estate, savings and checking
accounts, life insurance,
debts,
pension funds, and automobiles.
Consideration is given to an itemized list of real estate owned, household goods, vehicles,
debts, investments, retirement
accounts and
pensions, family businesses, and the like.
The issues that are typically addressed in mediation are issues related to children: legal custody and residential custody, visitation, child support, allocation of college expenses for the children, health insurance, life insurance; alimony and spousal support; division of real property, including the family home; division of tangible personal property including motor vehicles, boats, furniture, furnishings, art work, etc.; disposition of other property accumulated during the marriage, including bank
accounts, investment
accounts,
pension / profit - sharing / retirement
accounts, etc.; payment of credit cards and other
debts, and tax matters including decisions relative to filing joint or separate tax returns and claiming the children as dependency deductions.