This fight over teacher
pension funding raises an important philosophical question: Does money spent on teacher retirement count as education funding?
Sovereign wealth and
Pension funds raise the share of long term funds in FII to 16 % from 9 % It seems India would be able to reverse the effects iRead More
Not exact matches
Connecticut has
raised income taxes three times in the past decade, but now, struggling to meet its
pension and healthcare obligations, it's going after hedge
funds in Greenwich, the Financial Times reports.
A survey last year by Mercer, a retirement and investment group, revealed that European
pension funds would be inclined to
raise their bond holdings when average long - term sovereign bond yields reached 2.8 percent.
Most of that money was
raised from
funds of
funds and
pension funds in the United States.
May 3 - Canadian plane and train maker Bombardier Inc has agreed to sell its Toronto aircraft assembly site to a
pension fund as part of efforts to
raise extra cash under a five - year recovery plan.
May 3 - Canadian plane and train maker Bombardier Inc has agreed to sell its Toronto aircraft assembly site to a
pension fund as it strives to
raise extra cash under a five - year recovery plan.
May 3 (Reuters)- Canadian plane and train maker Bombardier Inc has agreed to sell its Toronto aircraft assembly site to a
pension fund as part of efforts to
raise extra cash under a five - year recovery plan.
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 dividend
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 dividend
Pension 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.
These benefits would (i) largely go to developers and contractors for infrastructure projects like new pipelines that would happen even without new incentives and so be highly regressive; (ii)
raise costs by failing to reach the tax - free
pension funds, sovereign wealth
funds and international investors who are the most plausible sources of incremental infrastructure finance; (iii) not encourage at all the highest return maintenance projects like fixing potholes that do not yield a pecuniary return for investors; and (iv) by offering credits at an unprecedented 82 percent rate, invite all kinds of tax shelter abuse.
Rising housing prices
raise the cost of living, while rising stock and bond prices increase the cost of buying a retirement income — leaving
pension funds unable to make good on their promises.
In 1997 the federal government
raised CPP contribution rates to meet the challenge of paying a
pension when there are fewer Canadians paying into the
fund.
The firm has
raised 21 institutional
funds totaling more than $ 37 billion and currently manages capital on behalf of more than 350 domestic and international investors including public and private
pension funds, insurance companies and university endowments and foundations.
Canadian plane and train maker Bombardier Inc has agreed to sell its Toronto aircraft assembly site to a
pension fund as it strives to
raise extra...
Credit — that is, debt leveraging — that is supposed to
raise stock market prices to enable
pension funds to meet their scheduled payments.
The investment powerhouse - with reported plans to
raise a new $ US10 billion buyout
fund this year and owner of all sorts of Australian assets - is believed to have been talking to potential backers including
pension funds from its home market about putting together a consortium.
These benefits would (i) largely go to developers and contractors for infrastructure projects like new pipelines that would happen even without new incentives and so be highly regressive; (ii)
raise costs by failing to reach the tax - free
pension funds, sovereign wealth
funds and international investors that are the most plausible sources of incremental infrastructure finance; (iii) not encourage at all the highest return maintenance projects like fixing potholes that do not yield a pecuniary return for investors; and (iv) by offering credits at an unprecedented 82 per cent rate, invite all kinds of tax - shelter abuse.
Brazil - based Neoenergia, which is controlled by Iberdrola and Brazilian
pension funds, on April 26
raised its bid to 32.1 reais per share, higher than two bids it had made earlier in April.
The Company
raises, invests and manages
funds on behalf of
pension, endowment and sovereign wealth
funds, as well as other institutional and individual investors.
The majority of smaller stressed defined benefit schemes are likely to end up in the
Pension Protection
Fund, according to consultancy Barnett Waddingham, as it
raised concerns that the
Pensions Regulator's new tougher stance may remove vital flexibility from the system.
Recently Christ Christie had a feud with Connecticut's governor Dannel Malloy who criticized him for refusing to
fund billions in
pensions while Christie criticized Malloy for
raising taxes.
After several rounds of electorally unpopular increases in contribution rates and
raising the retirement age, Gerhard Schröder's government introduced tax - subsidised,
funded private and occupational
pension schemes.
Bison ranked the 50
pensions based on how the PE
funds they invested performed relative to other
funds raised that same year.
Overall, 61 % think that the state old age
pension paid to people living in Scotland should be
funded out of UK - wide tax revenues, while just 34 % believe that it should be
funded out of revenues
raised in Scotland alone.
At the time, the Callaghan campaign had
raised questions about some of Hevesi's
pension fund investments — including its dealings with Markstone.
This
raised eyebrows, including those belonging to former state Comptroller H. Carl McCall, who reminded me on Sunday that he had twice gone to court to block attempts by two governors — Mario Cuomo and George Pataki — to raid the
pension fund.
«I've kept my promise to fight for Long Island by voting over 175 times against
raising taxes, delivering a $ 20 million increase in aid for South Shore schools, and passed a plan to prevent corrupt pols from receiving taxpayer
funded pensions.
Miner said she agrees with critics who have
raised fears that
pension smoothing could undercut the financial stability of the
pension fund.
At the top of the WFP's immediate agenda, look for fat
raises (and an end to all talk of
pension reform) for rank - and - file city employees (DC Council 37 and others); for Albany to finesse a moratorium on hospital economies (SEIU 1199) and de Blasio's signature millionaire - tax -
funded baby - sitting, that is, «early childhood education» scheme (UFT Local 2).
A new public / private infrastructure
fund would
raise up to $ 1 billion from
pension funds and private investment.
Cuomo
raised eyebrows and embarrassed DiNapoli as he announced a series of multimillion - dollar settlements in the state
pension -
fund scandal and then disclosed that his office was looking into the comptroller's role in meeting with politically connected companies seeking control over the investment of
pension -
fund money.
The former agreed to shelve pay
raises for municipal workers; the latter helped stave off bankruptcy by buying city bonds with
pension funds.
But Governor Cuomo, a long - time political rival of the comptroller, says it
raises questions about the state comptroller's role as sole trustee of one of the largest
pension funds in the nation.
Recall that when the issue of how the refunds were managed by the governors was first
raised, and allegations of non-payment of salaries and
pensions were made despite release of the refunds, some of the governors defended their actions by saying that part of the
funds were also used in paying consultants engaged to work out what would accrue to the states.
The controller previously
raised concerns over state
pension fund investments when the strike loomed.
Thus far, the EIB has
raised $ 9 billion in green bonds, financed partly with investments from
pension funds and insurers.
It also
raises the question of why teacher
pension plans are invested in hedge
funds at all.
It will add new
funding streams to the state's woefully under -
funded pension plans, limit
pension «spiking» whereby employees cash out vacation and sick leave to artificially inflate their benefits,
raise the retirement age for current workers, limit annual cost - of - living adjustments, and allow a limited number of employees to choose a defined contribution plan over the traditional defined benefit.
On the whole, teachers across the nation have strung together an impressive series of victories, including salary
raises,
pension reforms, and school
funding increases.
Pension costs have emerged as a major political issue in New York State, especially after the 2008 stock market crash that drove down pension fund values and raised the amount of contributions that school districts and other government entities had to pay into pension systems to keep them s
Pension costs have emerged as a major political issue in New York State, especially after the 2008 stock market crash that drove down
pension fund values and raised the amount of contributions that school districts and other government entities had to pay into pension systems to keep them s
pension fund values and
raised the amount of contributions that school districts and other government entities had to pay into
pension systems to keep them s
pension systems to keep them solvent.
For example, a teacher in Iowa, a state with strong fiscal health and a substantial surplus, recently discovered that her
pension contributions were recently
raised to cover a multi-billion dollar shortfall in the state's teacher
pension fund.
The city of Pittsburgh boasted one of the worst -
funded municipal
pension plans in the country last year at this time and faced a state takeover of the system unless officials could
raise funding levels to at least 50 percent of liabilities.
Critics have suggested that problems faced by
pension funds have been overstated, and that the picture is rosier than depicted by the conservative groups in particular that have
raised alarms about public
pensions.
Almost every
pension fund in the U.K. owns shares in the energy giant,
raising serious questions about the impact the firm's plummeting value will have on the retirement plans for millions of Britons.
I'm merely stating that after
funding the
pension (in line with mgmt comments) and paying the expected dividend (while not an obligation to shareholders, mgmt knows the company's relative valuation is at least partially based on its yield relative to peers and will not likely cut it) there is no capital left for growth, share repurchaes or to
raise the dividend.
This rights offering in conjunction with its associated financing
raised over $ 2.7 billion for Sears Holdings, which enabled us to reduce debt and generate liquidity to
fund our
pension plan and our operating losses.
Some effects are demographic, like mothers ceasing work to
raise children, or industries with a lot of older workers becoming uncompetitive because their
pension plans are too expensive to
fund.
Institutions such as governments and corporations use the capital markets to
raise money through public offerings of bonds and stocks or through private placements of securities to institutional investors such as
pension funds and insurance companies.
Regulatory changes, particularly
pension reforms that encourage
funds to diversify out of bonds into equities, should continue to encourage firms to
raise capital on equity markets.
Lord Low argued that there is, in fact, adequate
funding available to provide early legal advice, suggesting that
funds could be
raised from the lottery, the government through the lottery and that the Department for Work and
Pensions should be made to contribute to the running costs of advice centres.