Sentences with phrase «pension money on»

«It's always on our minds that we have people's pension money on our hands.

Not exact matches

As the private deals get too big for VCs to underwrite on their own, some public money is making its way into them, through direct investments from mutual funds like Fidelity, Janus, and T. Rowe Price, and indirectly via pension - backed hedge funds and private equity.

Among other things, it needs to create — and enforce — mechanisms for businesses that rely on gig workers to put money into a central pot, which can then be used to fund portable health insurance, pensions, and other benefits that people can take with them from job to job.

We include corporate CEOs, the head of the Canadian public pension fund and an activist investor, and the heads of a number of institutional investors who manage money on behalf of a broad range of Americans.

Moreover, the company keeps spending money it doesn't have on acquisitions, dividends, and buybacks, so it now sits with almost no excess cash and $ 660 million (68 % of market cap) in combined debt and underfunded pension liabilities.

Or, you wipe out the pension fund, push it on to the government's Pension Benefit Guarantee Corporation, and use the money that you were going to pay for pensions to pay stock divpension fund, push it on to the government's Pension Benefit Guarantee Corporation, and use the money that you were going to pay for pensions to pay stock divPension Benefit Guarantee Corporation, and use the money that you were going to pay for pensions to pay stock dividends.

The reason Pension funds loan money to these guys is «soft graft» make the PE guys happy and they'll give you the opportunity to get in on the deal from the other side.

Expansion of the Canada Pension Plan and the Unintended Effect on Domestic Investment finds that by increasing the Canada Pension Plan payroll tax, the federal and provincial governments will inadvertently shrink the pool of money available for investments in Canada — potentially up to $ 114 billion by 2030.

If a pension manager deposits $ 2 billion into the fund, it puts pressure on the Wellington management team to deploy that money effectively.

It's starting: severely underfunded pension funds loading up on the overvalued stocks being dumped by insiders and «smart» money.

If your pension and Social Security are enough for you to live on, you can be as conservative with your money as you like.

In order to pay for higher pensions pay - outs, Lord Turner recommended the amount of money the government spends on the state pension increase from 6.2 per cent of gross domestic product, as it is today, to between 7.5 and eight per cent.

Older people want bigger pensions and more money spent on care, and they don't want to sell their homes to fund them.

The party plans to make up the money by restricting tax relief on pension contributions to the basic rate, taxing capital gains at marginal income tax rates, allowing for indexation and retirement relief, tackling stamp duty land tax avoidance and corporation tax avoidance and by subjecting benefits in kind to national insurance contributions as well as income tax and applying national insurance to multiple jobs.

Seabrook and hedge fund founder Murray Huberfeld were indicted on conspiracy and honest services wire fraud for a scheme in which Seabrook allegedly took a $ 60,000 payoff in return for steering $ 20 million in union pension money to Huberfeld's fund.

Meanwhile, things that could address systemic problems and save the city and state real money, including public pension reform, get shouldered off the road in favor of transient quick fixes like taxes on soda and cigarettes.

But reducing the overall tax «burden» meant going much further, and funding additional cuts in taxation by reducing the money that the government is able to spend on the things that, it might be argued, are best provided collectively: schools, hospitals, pensions, unemployment benefits, disability allowances, the police and the armed forces.

* Concerning the city pension funds» adoption in 2012 of a 7 percent assumed rate of return, Bloomberg added: «If I can give you one piece of financial advice: If somebody offers you a guaranteed 7 percent on your money for the rest of your life, you take it and just make sure the guy's name is not Madoff.»

«As I researched the idea of promoting savings in our sector, the idea of credit union came into mind and I said that's it because it dawned on me that majority of the people don't have savings accounts, insurance cover or even pension schemes and since I became the Chairman of GHAMRO I really felt the pinch because every now and then I get calls from members asking for advance payment of their royalty to either pay school fees, settle medical bills or to even solve other financial problems then I've realized that this vacuum has to be filled because GHAMRO doesn't have a policy to pay this type of monies».

DiNapoli was upbeat on Cuomo's 2015 - 16 budget, but wanted to know how Albany's money gurus can maintain balanced budgets in coming years when expenses for significant programs like education, Medicaid, health care and pensions will continue to soar.

Until now, the Pension Finder Working Group led by Money Advice Service, has been working on the project and launched a paper today outlining how this can be created.

Neither pension forfeiture nor cracking down on Super PACs has anything to do with these matters, good - government advocates say, and while laudable, they shouldn't substitute for proposals that restrict the flow of campaign money or the omnipresent correlation between those who donate and benefit from favorable state actions.

Escalating the tension on Tuesday, DiNapoli issued a report that was critical of the pension proposal that was baked into the budget and questioned Cuomo's desire for more control over how money is moved between agencies, warning it could lead to an erosion of oversight.

New York City Mayor Bill de Blasio said Monday his administration had reached disability pension agreements with three municipal unions, deals that raised the amount of money received by employees who are injured on the job.

But the growing gap between rich and poor has put the topic back on the agenda for the new Democratic majority, and Vermont Senator - elect Bernie Sanders says he will propose an investigation of money and power when he joins Ted Kennedy's Health, Education, Labor, and Pensions Committee in January.

The changes require lawmakers to disclose more about non-government income, expand the pension - forfeiture law, and tighten restrictions on how campaign money can be spent for personal use.

The mayor said his administration had reached disability pension agreements with three municipal unions, deals that raised the amount of money received by employees who are injured on the job.

They're fat, sclerotic, over-regulated, spending money on unaffordable welfare systems, huge pension bills, unreformed public services.

The IIRA piggybacked on the anti-bank sentiment of the post-collapse Occupy Era, and promised implicitly to «recover» the moneys lost by large pension funds as the stock market went down.

Don't want double dipping on pensions, then we should ban that too but he'd be an idiot for not taking money due to him.

The work and pensions secretary used an article in the Telegraph paper to mount a sustained attack on the New Labour government's «sorry story of dependency, wasted taxpayers» money and fraud».

A source close to the mayor said: «It is impossible to justify spending hundreds of thousands of pounds of taxpayers money on pensions at a time of severe public sector cuts and wage freezes.

They also admit that money cut from pensions will go to the Treasury to help pay off the deficit, not into pension schemes, which the union says amounts to a tax on working in the public sector.

Liberal Democrat work and pensions spokesman David Laws added: «People have been relying upon the CSA to act on their behalf to collect this money.

So presumably, the less wealthy, after being told what to spend their money on by «society» for all their working years, reach pensionable age fully moulded by a paternalistic government into financially responsible citizens who will commit a significant amount of their time to research where they want to invest their pensions, and subsequently enjoy «regular updates on how their pension fund was growing» — because of course, like house prices, pension funds can only rise in value.

«They're more likely to be working age, they're more likely to be paying taxes and less likely to have relatively large sums of money spent on them for education, for long - term care, for healthcare, for pension expenditure.»

There were several red flags missed by the state comptroller's office in the run - up to the indictment of a money manager, Navnoor Kang, on bribery charges involving the pension fund.

Over 100,000 people have signed a petition demanding Iain Duncan Smith live on # 53 a week, after the work and pensions secretary said he would be able to make do on the money.

He says he's been eking by on $ 1,120 a month from his job working for a law firm on Court Street in Brooklyn, plus another $ 2,270 a month from pension and other benefits - and $ 1,100 of that money goes to paying alimony and restitution.

Glyn Gaskarth says if Council Taxpayers find out how much of their money goes on Council pension shemes their could be a backlash

In addition to the loss of two apartments on Grand Street, his pension and monies earned in the alleged scheme, Silver faces 20 years in prison on each count.

* John Redwood on pensions: «How many complaints does the Minister know about concerning the very large sums of money taken out of funds each year under the tax policy of the previous Chancellor of the Exchequer, and the ineffectiveness of the regulator to resist those demands?»

For example, if tax revenues come in well above estimates he could choose to spend that money on pensions and reduce the long term impact of the increase in the contribution rate.

The work and pensions secretary insisted the money spent on the system, which is intended to manage the implementation of universal credit, was roughly in line with what the private sector would expect to lose on a major IT project.

Speaking with reporters at a news conference in his office, DiNapoli said the convention would have to spend money on pay for delegates and staff and their pension credits.

«Because [immigrants] are more likely to be working age, they're more likely to be paying taxes and less likely to have relatively large sums of money spent on them for education, for long - term care, for healthcare, for pension expenditure,» OBR chairman Robert Chote told MPs.

The agreement finally reached on the local government pension scheme after the government made significant concessions has rather less to do with official generosity than fear about the consequences if the scheme were so eviscerated that hundreds of thousands of local government workers might decide there was no point in continuing to contribute to it since, if they walked away, they would still get the same amount of money in retirement from means - tested income support.

According to letters sent by Mr. Bharara's office, Mr. Monserrate and Ms. Annabi are believed to have cashed out of their publicly - funded pension, collecting lumps sums — but have yet to pay up on money owed.

He said the government should abandon the 1 % cap and instead raise the money by imposing a cap on tax relief for pension contributions at # 26,000.

Wednesday's ruling by the New York Appeals Court gives corrupt politicians like Sheldon Silver, former speaker of the Assembly, and Dean Skelos, a former state Senator, le ss wiggle room to appeal the money they have been ordered to fork over, which is based in part on both of their pensions.