Sentences with phrase «pension debt by»

Similarly, New York is currently engaged in a controversial smoothing or «amortization» program to lessen the pension burden on hard - pressed municipalities by letting them defer some pension debt by up to 10 - to - 12 years.

The volume of real estate debt, auto debt, student loans, bank debt, pension debts by municipalities and states as well as private companies exceed their ability to pay.

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.

In April a 40 % stake in its parent, Glencore Agriculture Products, was quietly repatriated by the Canada Pension Plan Investment Board for US$ 2.5 billion as Glencore shed assets to pay down debt.

As of mid-2013, the crown corporation is unprofitable and has $ 1 billion in debt, a pension plan underfunded by $ 6 billion and negative net equity of nearly $ 3 billion.

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

The 200 - year - old business went into compulsory liquidation at 0600 GMT after costly contract delays and a slump in new business left it swamped by debt and pensions liabilities of at least 2.2 billion pounds ($ 3 billion).

In an era when the pension liabilities of local governments remain a concern, investors may want to consider the debt offered by established public enterprises — airports and utilities, for example — as an attractive alternative to lease revenue and pension obligation bonds.

Given Osiris's strong five - year record of growth and profitability, Bowers was able to help make Miller's wishes come true: he structured a deal that raised $ 13 million from a large local pension fund — the Pennsylvania Public School Employees Retirement System (see «What Pension Funds Want,» [Article link]-RRB--- by selling a package of subordinated debt and convertible preferred stock, which included a fixed interest rate and dividendpension fund — the Pennsylvania Public School Employees Retirement System (see «What Pension Funds Want,» [Article link]-RRB--- by selling a package of subordinated debt and convertible preferred stock, which included a fixed interest rate and dividendPension Funds Want,» [Article link]-RRB--- by selling a package of subordinated debt and convertible preferred stock, which included a fixed interest rate and dividend yield.

(The balance is made up of debt owed by local governments and the Canada and Quebec pension plans.)

The 10 - year debt facility, with a fixed interest rate, will be used to finance the seed portfolio of a vehicle managed by Corestate on behalf of the German pension fund.

And companies can't take on more debt, nor can states and cities because they're being badly squeezed by falling tax revenues and rising pension plan shortfalls.

In the 2006 Budget, the government promised to reduce the deficit by $ 3 billion per year; to reduce the federal debt - to - GDP ratio to 25 per cent by 2012 - 13; to eliminate the total government sector debt (which includes the federal, provincial and local governments as well as the Canada and Quebec pension plans) by 2021; and finally, to keep the growth in program expenses below the rate of growth in nominal GDP.

In addition to over $ 25 billion in debt, the company is saddled with a pension that is underfunded by over $ 7 billion according to the most recently published 10 - K.

This $ 300 - million budget deficit is not paid for by additional government debt, but by union members who must increase their contributions to the pension fund.

Why does Canada have a youth unemployment rate of over 15 per cent; a federal debt $ 150 billion higher than when the they took office in 2006; a federation weakened by federal - provincial squabbling over health, training and pensions; greater uncertainty about retirement; widening income inequality?

Consider that while a family's «minuscule stock «portfolio» or pension fund interest had grown by $ 2,600 or even $ 6,100,» the family's typical «debt load for college, health insurance, day care, and credit cards had jumped by $ 12,000.»

But to the extent that it ignores the finger Lincoln points at the Civil War — to the extent that it forgets the decimation of a generation of young Americans at the beginnings of manhood; to the extent that it forgets the windrows of corpses at Shiloh, the odor of death in the Wilderness, the walking skeletons of Andersonville, 623,000 dead all told, not to mention the interminable list of those crippled, orphaned, and widowed whose pensions became the single largest bill paid by the federal government for the following half - century; to the extent that it ignores how the war cost the United States $ 6.6 billion, rocketed the national debt from $ 65 million to $ 2.7 billion, retarded commodity growth for the next thirty years, and devalued its currency — then the call for reparations opens itself up to a charge of willful forgetfulness so massive that resentment, anger, and bitterness, rather than justice, will (I fear) be its real legacy.

«Other countries are not willing to lend to Greece» - note that most state debt is owned by private entities (pension funds, banks, even private individuals).

Last week, a report commissioned by the Department for Work and Pensions (DWP) said that the bedroom tax was driving people into hunger and debt.

The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.

Two of the reasons for the proliferation of the «Shadow Government» are so that the State does not appear to be the entity that acquires additional debt, and to provide State pensions for people not in the classified Civil Service who theoretically, (although much now is very fixed, going back to Mario Cuomo and continued by Pataki, Spitzer and Paterson) must face non-partisan Merit and Fitness competition for appointments and promotions.

@DJClayworth «The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.»

On December 13, 2010, National Assembly representatives from the Fidesz — Christian Democratic People's Party governing alliance passed the Pension Reform and Debt Reduction Fund Law that permanently transferred mandatory private pension - fund contributions to the state unless employees indicated by January 31, 2011 that they wished to continue making payments to thePension Reform and Debt Reduction Fund Law that permanently transferred mandatory private pension - fund contributions to the state unless employees indicated by January 31, 2011 that they wished to continue making payments to thepension - fund contributions to the state unless employees indicated by January 31, 2011 that they wished to continue making payments to the funds.

School districts and local governments have voiced concerns that a 2 percent cap as proposed by Cuomo — and approved by the Republican - led Senate in January — would be too difficult to live within because of required spending for debt, health care administration and distribution and pensions.

Recognition of gathering generational storms on pensions, public debt, housing and — until very recently — climate change not addressed by clear strategies and openness with the public about the consequences.

Deep cuts to jobs, wages and pensions were passed by a slender majority, and it would not take much of a political shift for Greece to abandon its debts — and the euro.

Start by disclosing the debts, assets, income, savings, pension benefits, and loans you each have.

In early 2016, spurred by a seemingly perpetual bankruptcy crisis at Detroit Public Schools (DPS)-- by this point, counting unfunded pension liabilities, the district was almost $ 1.7 billion in the red — the state senate narrowly passed a bill that would bail out the district and split it into two separate entities: the old DPS, which would exist to collect taxes and pay down debt, and a proposed new Detroit Education Commission (DEC) to oversee schooling in the city, including regulating the openings and closings of traditional public schools and charter schools.

Teachers» Pensions and the Overgrazed Commons On March 26, 2015 Governing published this commentary by Marguerite Roza and Michael Podgursky on how big raises to teachers nearing retirement is a recipe for letting pension debt get out of control.

The specific solutions would vary by the state, but the important thing would be finding a new source of revenue to pay off pension debts.

State pension debts are promises to retirees, and it might be tempting for some state leaders to try to trim the debt by cutting those promises.

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.

The details were daunting: the budget deficit was projected to reach nearly half a billion dollars in three years; a district audit showed LA Unified debt outstripped assets by $ 4.2 billion; unfunded pensions topped $ 13 billion and have more than doubled since 2005; per - pupil funding had doubled but the district still faces financial crisis; and plans for a turnaround included boosting enrollment but not cutting staff.

VA debt management is offered by the U.S. Veterans Affairs Debt Management Center to help assist the members of the Armed Forces, their families, and veterans who have incurred debts.These debts came from participating in the education programs, home loans, pension, and compensation of Veterans Affadebt management is offered by the U.S. Veterans Affairs Debt Management Center to help assist the members of the Armed Forces, their families, and veterans who have incurred debts.These debts came from participating in the education programs, home loans, pension, and compensation of Veterans AffaDebt Management Center to help assist the members of the Armed Forces, their families, and veterans who have incurred debts.These debts came from participating in the education programs, home loans, pension, and compensation of Veterans Affairs.

The debt crisis is not over; it is morphing into a sovereign crisis, aid by the growing unfunded liabilities from government pensions and healthcare.

I would continue to focus on exactly what you're focusing on: Living within your means, paying down debts and saving for retirement — either by being successful in a job that gives you a pension or saving in an RRSP.

Let long dated assets that want debt financing be financed by REITs, pension plans, endowments, long - tail casualty insurers, and life insurers.

The chapter begins with the story of a 62 - year - old American woman who for decades did all the «right» things advocated by the personal finance gurus: she stayed in a corporate job for 17 years, put 10 % of her salary into her 401 (k) pension, saved another 10 % beyond that, avoided all credit - card debt and even «eschewed lattes... She did everything right.

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.

All that said, in the end we will have a lot of debt issued by the US Government, just in time to deal with the pensions / entitlement crisis from a position of weakness.

Now, I must point out: i) Independent News & Media is currently in the throes of a debt & pension restructuring — this could possibly improve things, but I'm not convinced it's going to be sufficient, and / or dilution for existing shareholders might be so bad ultimately the shares might as well be worthless, and ii) I still say my zero valuation for Continental Farmers Group was about right (God, just look at cash, debt & cashflow in their latest results), but shareholders are v fortunately getting bailed out by the Saudis at GBP 36p per share.

I calculate total debt (of 5.5 B) would need to be reduced by about 39 %, to limit net interest to 15 % of Op FCF — therefore, we'll include a 2.1 B (negative) debt adjustment in our valuation, plus a 336 M adjustment for the net pension deficit.

Canadian household debt has reached record heights and there is a growing need to be more financially self - reliant in retirement as less than a third of workers today are covered by an employer pension plan.

If the pension will do the trick by itself, you may want to divert some of the RRSP contribution money to the mortgage / LOC now in order to free up monthly cashflow sooner once the debt is paid off.

The more this one goes up, the more investors love it... Meanwhile, my bearish perspective remains horribly off - base, but GNC's recent interims do nothing to change my mind: Revenues grew just 0.9 %, both net debt & the pension deficit increased again, and free cashflow was actually negative (by GBP 12.9 mio).

However, when one is working, or has the ability to take on work to increase monthly income, things may seem a bit easier compared to someone who has retired and is relying on RRSPs and pensions to get by, and often a little debt advice goes a long way.

The public interest in the story was fuelled in no small part by its iconic status, but also the $ 270 - million pension deficit that is unlikely to be fully serviced in light of other outstanding debts.

HMRC's Pensions Tax Manual says that a member may make a contribution by creating a monetary obligation of a specified amount from the member to the scheme and then having a separate agreement to pay an asset across to the scheme in satisfaction of the debt.

ULIP Pension Plans — The pool of funds created by the premiums of the insured persons is invested both in debt instruments and equity instruments.