Not exact matches
Economists have tried to calculate the
total value of all the healthcare and
pensions obligations that governments have promised to future older generations.
Pension costs, including payments on pension obligation bonds, totaled $ 504 million, the report in
Pension costs, including payments on
pension obligation bonds, totaled $ 504 million, the report in
pension obligation bonds,
totaled $ 504 million, the report indicted.
By order dated July 14, 2014, the motion judge, the Honourable Justice Martin S. James of the Ontario Superior Court of Justice sitting at Ottawa, granted Mr. Arnone's motion for summary judgment and ordered Best Theratronics to pay (i) damages equal to the gross amount of the salary Arnone would have earned until he qualified for an unreduced
pension, less payments made to him to satisfy the statutory
obligations of the employer, (ii) $ 65,000 representing the present value of the loss of an unreduced
pension, (iii) a retirement allowance equal to 30 weeks» pay, and (iv) costs
totaling $ 52,280.09.
Section 75 PBA imposes an
obligation on the employer of a wound up plan to pay into the
pension fund an amount equal to the
total of all payments that are due or that have been accrued and have not been paid (s 75 (1)(a)-RRB- and under section 75 (1)(b), there is a formula for calculating the amount that must be paid to ensure the fund can cover its liabilities upon wind up.