Sentences with phrase «pension liabilities»

Pension funds are evaluating the amount of yield that will be required — versus realistically achieved — as it relates to supporting pension liabilities for baby boomers.

Money must be found for existing pension liabilities at the same time workers will be asked to contribute to a new type of private pension account.

This would reduce the growth of public sector pension liabilities by hundreds of millions of pounds over the next decade.

Oh, I almost forgot the huge pension liability the company must continue to fund.

Before the recession, the automakers had too much capacity and crushing pension liabilities, and could barely make a buck on their cars.

The pension crisis will never end as long as pension liabilities continue to grow.

That said, lump sum payout offers often are attempts by the plan sponsor to reduce overall pension liability.

However, this demands ongoing attention as the gross pension liability's a rather scary 265 M].

Furthermore, this would help states avoid adding to their existing pension liabilities.

Public sector pension liabilities are now estimated to be upwards of # 1 trillion - around # 40,000 for every household in the country.

But Moody's, using its new, more realistic investment return assumptions, has calculated an unfunded pension liability of $ 12.7 billion.

This means that contributions include both the «normal cost» of pension liabilities accruing to current employees and the legacy costs of amortizing unfunded liabilities accrued previously (due to a variety of reasons, including the original pay - as - you go nature of most plans, as well as unfunded benefit enhancements over the years).

Guest blogger Chris Lozier proposes another way to put unfunded pension liabilities in perspective.

On emerging from chapter 11 the company still had $ 900 million in LT debt which was planned to be paid down through the sale of non-core assets over the 12 to 18 months plus a large underfunded pension liability.

In the face of growing pension liabilities, Michigan districts on average were required to set aside 16 to 18 percent of per - pupil spending toward retirement contributions over the past two years.

«However, these higher contributions have prevented the city from accumulating an even greater burden on its balance sheet from pension liabilities.»

An additional factor cited was the fact that 50 percent of Cook County's tax base is located in Chicago, which just suffered its recent triple - notch downgrade due to massive pension liabilities.

«Every economic expert knows that a retirement incentive program, despite some short - term savings, can wreak havoc on long - term fiscal health, as was reiterated by the recent Boston College study on pension liabilities, and that's why House Democrats have opposed retirement incentive plans as part of this deficit mitigation proposal,» Sharkey and Aresimowicz said in a statement.

This brought a certain sense of complacency amongst some pension actuarial consultants and regulators, making it seem reasonable to use optimistic economic assumptions to calculate the present value of future pension liabilities.

So it should be in pension liability transfers.

In addition, the settlement would not result in a total separation of TSUK from its UK pension liabilities and so it remains to be seen whether this approach is enough to convince ThyssenKrupp to push on with the proposed merger.

Some firms, such as Caterpillar Inc., are saddled with pension liabilities that need to be funded.

The scheme has to be fully funded (i.e. employer contributions must be set to meet 100 % of existing and prospective pension liabilities including pension increases) or have a plan to become so.

The state has the eighth lowest adjust net pension liability of all the states, with pensions standing at 28 percent of revenues as of the 2014 fiscal year, Moody's found.

Advising on the relevant due diligence issues to consider in respect of any planned mergers, demergers and takeovers; including advice on mitigation strategies to manage potential pension liabilities arising from such proposals.

Democrats for Education Reform Illinois (DFER - IL) Calls for Comprehensive Education Funding and Pension Reform in Statement from the State Director Illinois pension liabilities are consuming vital state dollars and crowding out money for education...

The settlement would involve the use of a Regulated Apportionment Arrangement (RAA); an infrequently used restructuring mechanism designed to help financially distressed companies detach themselves from their defined benefit pension liabilities.

According to researchers at Boston College, pension liabilities at 126 state and municipal pension plans would jump by roughly $ 600 billion, or about 18 %.

TUPE: Pension Liabilities Part 7: Impact of Employer Insolvency on Pensions 14.

Years ago, acquirers would blithely assume significant Pension Liabilities, but those days are long gone... We need to chop this GBP 105.7 mio Deficit (net of Deferred Tax) off the price also.

PS — One last note: what would be fair, if pension liability buyouts are allowed, is to allow participants the option to roll their net assets into a rollover IRA.

The notion that municipal - bond investors are exposed to greater systemic credit risk from rising pension liabilities has been a recurring refrain for some time now.

MetLife booked a $ 62 million item in the fourth quarter against its Retirement and Income Solutions segment as a result of the group annuity pension liabilities, the company said.

Last month, MetLife announced it would bolster reserves by as much as $ 575 million to make up for unrecorded pension liabilities as part of its pension risk transfer and group annuity business to group annuitants who went missing.

Classifying pensions as senior debt won't stop bankruptcies if a company can't change with the market, but that's no reason for johnny - come - lately PE firms to ignore unfunded pension liabilities so they can take the cash & run.

Soon - Shiong, Tronc's second - largest shareholder, also will assume $ 90 million of pension liabilities tied to the California properties.

One could argue that EK's under - funded pension liability is not an urgent issue because the company has lots of time to pay off that liability.

A declining business with mounting pension liabilities, EK is a stock with a lot more downside risk than upside potential.

The county's official 2012 unfunded pension liability stands at $ 5.6 billion.

Inertia can make it politically infeasible to raise taxes once people become accustomed to low rates, but other kinds of inertia (e.g., ballooning pension liabilities) can make it difficult to lower rates as certain kinds of costs become difficult to escape.

BTW, Smith, I think that you're a retiree of a police or fire department — the folks who ARE responsible for local governments being mowed down by pension liabilities.

Proposals to permit lower contribution rates, no matter how well intentioned, can lead New York to slide down the rankings to join states facing crippling unfunded pension liabilities such as Illinois and Rhode Island.»

There's still another problem here, common to all public pension systems: unlike private pension - fund managers, DiNapoli is allowed to «discount» future pension liabilities based on what he assumes he'll earn, rather than using the much lower «market» interest rate determined by low - risk bonds.

Turetsky said assumptions for pension liabilities always change.

Rather than going toward district resources, like curriculum or teacher salary, almost all of the increased funding is going toward paying off the state's unfunded pension liabilities which now total over $ 25 billion.

Just like NEA's state affiliates, a number of locals were able to achieve pension liability relief to improve their bottom lines.

Unfunded pension liabilities pose an enormous threat to states» ability to fund public services, including education.