Sentences with phrase «pension deficit before»

The business had been struggling given that it had # 900m of debt and a # 587m pension deficit before it failed.

At OTPP, Leech went on to have an impressive tenure in his own right, growing the organization to $ 140.8 billion in assets (as of the end of 2013) and co-authoring a book on the country's collective pension deficit before stepping down this year.

Not exact matches

Yields were falling before the crisis, and pension deficits are nothing new.

«As his proposed changes to the pensions system unravelled before the ink was dry, it was far from clear that this speech even pays for itself let alone matches our pledge to halve the deficit in four years.»

Those fears crescendoed when the school board voted one month before the May 16 election to support State Bill 808, which would have allowed school districts to close or reject charter schools if they could be considered a financial burden to the district, which has yet to decrease its staffing levels despite declining enrollment and is facing billions of dollars in unfunded pension liabilities and projected budget deficits.

In the four years before President Macri's arrival, the Argentine economy grew at a paltry 1.6 % rate per year — meaning that, in per capita terms, it didn't grow at all... Consumer inflation, on the other hand, averaged almost 30 % per year... At the end of May, the government announced a plan to increase public pensions and devolve tax revenues to the provinces that, if implemented (which is almost certain), will cost the national government a significant amount of money and make meeting primary deficit targets... all but impossible to achieve.

Had there been evidence placed before the Court that the restructuring could not occur if priority was granted, the Court would have found a conflict and the pension deficit would not have taken priority.