Sentences with phrase «pension obligations»

That it has the highest pension obligations in the country is no matter.

Not fully funding pension obligations now costs taxpayers more in future years to pay for the pension benefits of employees, he said.

The bulk of this increase went to paying down debt on existing pension obligations, not to the direct costs of providing new benefits for current teachers.

Together with four of my colleagues, therefore, I proposed amendments to the budget that would have allowed us to pay for our full pension obligation by cutting expenses elsewhere.

Many companies are now trying to meet their growing pension obligations while struggling to remain profitable through the recession.

They didn't want to spend that tax money on future pension obligations.

That transaction left the company owing pension obligations that resulted in $ 2.4 million in federal liens being filed against several of his companies.

It's looking to exit from bankruptcy, the result of falling coal prices, bad business decisions, and huge pension obligations.

Higher salaries, in turn, increased pension obligations.

And while that is good news for the state's own pension obligations, it will do nothing to help districts make their payments this year.

But actual pension obligations can exceed the assets accumulated by the system.

For example, charters might gain access to facilities or special education supports, and would help contribute to a fund to buy down pension obligations in exchange.

The question remains of how will states pay for their existing pension obligations.

This means that the system has adequate assets to cover the cost of all current and future pension obligations.

Here is a late entry for consideration: a study out of Georgetown examining the impact on pension obligations of substantial, late - career raises for teachers.

Park officials said that according to a state - mandated tax levy, $ 10 million was collected for pension obligations in the last fiscal year.

Mysteriously, Forbes chose not to include our analysis of those facts on GM in the article, but we all know what happened to GM a few years later: a declining business saddled with pension obligations it could not pay was forced into bankruptcy.

My issue with LBOs is the treatment of unfunded pension obligations.

Pennsylvania took over Philadelphia's public schools in 2001, and test scores have dropped while the district wrestles with the debt it incurred from pension obligations and funding new charter schools.

«This report is flawed and a key assertion regarding New York's pension obligations doesn't square with S&P's data.

Kodak said in a filing that it contributed about $ 245 million to its United States pension obligations last year, and that it has been unable to shrink those liabilities to a more manageable level.

The Lone Star State's comptroller reckons its increasingly underfunded pension obligations risk a credit markdown.

Pension costs, including payments on pension obligation bonds, totaled $ 504 million, the report indicted.

In this paper, authors Marguerite Roza and Jessica Jonovski model the impacts of late - term raises on teacher pension obligations showing that on average each dollar raise triggers $ 10 to...

Both organizations cite various theories for the accumulation of surplus cash — everything from the relentless downward pressure on wages, and the resulting drop in payroll expenses, to stepped - up expectations of institutional investors and management - led hedges against exposure to long - term pension obligations.

So when we look at our leverage, the number that you quote is actually a gross number and we do look at our leverage in terms of the way the rating agencies look at it, so they will make some adjustments to that for things like pension obligations.

For example, many pension officials plan on using two sets of numbers when calculating pension obligations: one for official reporting purposes and another to determine taxpayers» pension bills.

For example, if workers are given a rebate of their Social Security taxes in order to fund their new individual retirement accounts, the Social Security system will be deprived of revenues that are needed to pay current pension obligations.

Soaring pension obligations resulting from contracts won by politically influential public employees» unions have become a financial liability for state and many local governments.

In this paper, authors Marguerite Roza and Jessica Jonovski model the impacts of late - term raises on teacher pension obligations showing that on average each dollar raise triggers $ 10 to $ 16 in new taxpayer obligations.

Work with the Chicago Teachers Union, the Chicago Teachers Pension Fund, the governor and the General Assembly to develop and implement pension reform to reduce current and prospective pension obligations of CPS.

The woes of the Big Three are well known: an overdependence on gas - guzzling SUVs, massive pension obligations, and a dearth of good design.

With debts and pension obligations outweighing the company's value, it approached the government and its lenders for a bail - out, but failed to reach a deal.

The economy today would be better if pension obligations had been treated as super-senior debt, given top priority in bankruptcy.

To put this in perspective, every single Illinois household owes $ 27,000 just to meet the state's pension obligations alone.

Concerns focused on the profitability of banks, insurance companies and pension funds, as well as on the increase in corporate pension obligations.

If GM used a 4 % discount rate, its reported pension obligation could be more than $ 1 billion lower.

It can pay state and local pension obligations in the same way it has paid Wall Street's 1 %.

The city of 300,000 plans to cut payments to bondholders while leaving intact pension obligations to public workers and retirees.

But with some rates rising in 2013, and the stock market turning in a particularly strong performance for the year, the value of pension obligations fell, benefitting Verizon and other mark - to - market companies.

While these new developments are new and exiting, Ford is by and large still a fossil fuel car producer with a significant legacy in terms of platforms, factories, workers, pension obligations etc..

That said, the aluminum maker has material pension obligations, which bring its long - term obligations to around a third of the capital structure — but that's still a very manageable number.

In recent debates both Cain and Gingrich have brought up the «Galveston Plan» as the proper manner to deal with public pensions obligations.

Next year Erie County's pension obligation totals $ 40 million, and although it is a significant cost, we have a responsibility to pay this bill.

When asked about dealing with public sector unions Malliotaki offered some positive words for them but expressed concerns about the large looming pension obligations.

He's continuing to utilize a program first enacted in 2010, when the state government and municipalities were socked with a spike in required pension obligations to make up for stock market losses related to the 2008 stock market crash.

De Blasio and his representatives regularly say that reserves are at «historically» high levels, which is true, but the city budget is also higher than it has ever been, city personnel hiring has been expanded significantly over the past three years, and city pension obligations are greater than ever before.

Conversion specifics will vary by state; obviously, those with huge unfunded liabilities will have a tougher time finding an elegant solution to converting past pension obligations for teachers nearing vesting milestones.

Fiddling with the collective bargaining system will do nothing to counter the system's short - term political instability (from strikes) and its long - term insolvency (from excessive pension obligations).