Sentences with phrase «pension payment in»

Tax benefit under Section 80CCC is provided to the policyholders who pay the premium towards any annuity plan that guarantees pension payment in the later year, from their taxable income.

The trustee makes an honest administrative error when calculating the minimum pension payment in the relevant income year.

The Commissioner considers a small underpayment to be one that does not exceed one - twelfth of the minimum pension payment in the relevant income year.

Regardless, it's not uncommon to be given a choice between taking a lump - sum payment in lieu of your future monthly pension (known as a commuted value) or otherwise taking your calculated monthly pension payment in retirement.

If you're a conservative investor who might otherwise invest your pension proceeds in conservative investments, you might have a hard time «beating» the option of a monthly pension payment in the future and creating a higher potential monthly income with your investments.

A shortened work career and less pay mean a lower pension payment in retirement.

Pensions: CPS makes the bulk of the pension payment in late June.

«We're at a situation now that if you make that pension payment in its completion — which has been done for four years in a row for the first time in a long time, CPS has made those pension payments — we could no longer make that payment and not have it impact the school building and the classroom,» said Emanuel.

The pension fund is due roughly $ 3 billion this year under a 10 - year ramp Christie and Democrats have been following to reach full pension payments in fiscal 2023

Murphy plans to continue the 10 - year ramp Christie and Democrats have been following to reach full pension payments in fiscal 2023, meaning he would pay only 60 percent of the actuarially determined contribution in his first year in office, or $ 3.2 billion.

Syracuse would save $ 43.5 million on pension payments in the first five years if the city opted into the plan.

(b) Impose special tax assessments on state and local government pensions in the amount of 50 % of all pension payments in excess of $ 60,000 per year and 75 % of all pension payments in excess of $ 100,000 per year.

Of SMSFs starting to make pension payments in 2014, 48 % were more than five years old, while 28 % were less than two years old.

The ATO accepts that this will require the fund to account for the pension payment as an «accrual» in the year of the underpayment to correctly reflect that it is not within the pension payments in the year the catch - up payment is made.

What if the trustees have failed to meet the minimum pension payments in one year but in a subsequent year are prepared to meet the minimum pension requirements as required under the SIS Regulations?

She brought a summary trial application seeking a declaration that the Appellant held the pension payments in trust for the estate.

The Court of Appeal overturned a lower court decision where the Judge vested 100 % of this man's monthly pension payments in his ex-wife, and ordered the garnishment of that same percentage of the payor's government old age monthly benefits (even though federal legislation limits attachment of all those benefits to 50 %).

If the ex-spouse is not awarded the SBP, then he or she will stop receiving pension payments in the event that the military member dies.

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.

In some cases, unscrupulous brokers hold «free lunch» seminars in which they offer reckless advice, like recommending retirees cash out of their 401 (k) planor take a lump - sum payment for the cash value of their pension and use the money to open an IRA through theIn some cases, unscrupulous brokers hold «free lunch» seminars in which they offer reckless advice, like recommending retirees cash out of their 401 (k) planor take a lump - sum payment for the cash value of their pension and use the money to open an IRA through thein which they offer reckless advice, like recommending retirees cash out of their 401 (k) planor take a lump - sum payment for the cash value of their pension and use the money to open an IRA through them.

According to National Public Radio, 65 percent of Americans will receive a one - time payment — be it from a pension, inheritance or lawsuit — that places them in the top 20 percent of earners for at least two straight years.

The federal government will begin cutting the age pension in three years, reduce disability and other welfare payments immediately, and slash back family tax payments, while holding out the prospect of income tax cuts within five years, Tony Abbott has pledged.

Although Sanders and his wife's joint tax return showed income of only a little more than $ 200,000 for 2014 — including his $ 174,000 salary, his mayoral pension, and their Social Security payments — the senator's expected retirement benefits make his situation much more comparable to those in the millionaire class he faults.

At the time of the change in residence requirements, it was hoped that Canada would enter into social security agreements with countries that were the source of immigration so that partial payments of social security pensions would be received by adult immigrants to Canada.

I have no debts whatsoever, plenty of cash savings, a very healthy retirement portfolio, a nice home all paid for, a good pension plus above average social security payments, so I am able to travel widely and stay in high end hotels.

Though you might get a large amount of money up front, in the end you may only be paid a small amount of what you would have earned if you waited to receive your full pension payments.

This payout is made in exchange for all or part of your monthly retirement pension payment.

In the 23rd Actuarial Report on the Canada Pension Plan (OCA, 2007), the Office of the Chief Actuary (OCA) certified that, in spite of the substantial increase in CPP benefit payments that would result from the retirement of the baby boom generation, the current legislated contribution rate of 9.9 per cent for employers and employees combined would be more than enough to pay for benefits through 207In the 23rd Actuarial Report on the Canada Pension Plan (OCA, 2007), the Office of the Chief Actuary (OCA) certified that, in spite of the substantial increase in CPP benefit payments that would result from the retirement of the baby boom generation, the current legislated contribution rate of 9.9 per cent for employers and employees combined would be more than enough to pay for benefits through 207in spite of the substantial increase in CPP benefit payments that would result from the retirement of the baby boom generation, the current legislated contribution rate of 9.9 per cent for employers and employees combined would be more than enough to pay for benefits through 207in CPP benefit payments that would result from the retirement of the baby boom generation, the current legislated contribution rate of 9.9 per cent for employers and employees combined would be more than enough to pay for benefits through 2075.

Direct program expenses were up $ 1.0 billion (5.5 %), primarily due to the timing of payments as well as an increase in federal government employee pension and other future benefit liabilities, reflecting the impact of lower interest rates.

April 13, 2015 - CCGG was mentioned in The Globe and Mail with regard to reforming pension payments to CEOs.

Information about the post-retirement benefit available under this arrangement for Mr. Oman appears in column (h) of the Summary Compensation Table, in column (d) of the Pension Benefits table, in the narrative that follows the Pension Benefits table, and the table under «Potential Post-Employment Payments» beginning on page 87 of this proxy statement.

And, over time, the employer's role in funding the plans would shrink: in 1989, employers contributed roughly 70 percent of the money that went into retirement plans; by 2002, employees» cash contributions outstripped company payments into retirement plans of all kinds — including traditional pensions.

Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, increased competition; the Company's ability to maintain, extend and expand its reputation and brand image; the Company's ability to differentiate its products from other brands; the consolidation of retail customers; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's inability to realize the anticipated benefits from the Company's cost savings initiatives; changes in relationships with significant customers and suppliers; execution of the Company's international expansion strategy; changes in laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure to successfully integrate the Company; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the nations in which the Company operates; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives that the Company uses; exchange rate fluctuations; disruptions in information technology networks and systems; the Company's inability to protect intellectual property rights; impacts of natural events in the locations in which the Company or its customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's dividend payments on its Series A Preferred Stock; tax law changes or interpretations; pricing actions; and other factors.

Brian Graff, CEO of the American Society of Pension Professionals and Actuaries, stated that the White House on Monday «launched an attack on advisors and so - called «hidden fees» and «backdoor payments» by moving forward with a regulation that has its own hidden backdoor effect — keeping many Americans from working with the trusted advisor of their choice, even in the critical decision regarding rollovers from their 401 (k) and 403 (b) plans.»

Uncle Sam is likely to be far less generous in social security payments by the time I will reach 65, pensions are by and large a thing of the past and savings accounts pay about as much as the mattress you hide your money under does.

• Assumptions made in how pension payments are calculated to be large enough for future obligations

However, before making a decision, consider that a pension can be a great source of guaranteed income in retirement and should not be dismissed unless you have a specific plan for generating enough income without the pension payments.

«In 2016, the state also committed a total of N3, 981,312,918.78 to payment of pensions.

«It was common knowledge that the State of Osun ended the Year 2016 in the most financially boisterous mood ever with the payment of four months salaries to active workers and pensions to the passive workers.»

In real life, people eat donuts, decide not to go for a run, and put off making payments into their pension fund.

It explained further that in 2015, Osun committed a total of N5, 426,720,195.68 to payment of pensions in spite of the very difficult financial stress the state found itself.

There should also be a gradual shift towards raising the basic state pension in line with earnings, and, while he would maintain the pensioner's credit, he would freeze the maximum level of payments to limit means - testing as much as possible.

Budgets have turned into raffles when major U-turns on everything from tax credits and pension relief, disability payments and police cuts, and of course the crumbling of the notorious pasty tax, mean a group of angry MPs, led by disrespectful rebels in the Tory ranks, will pick big ticket items and batter a once unassailable Chancellor into another humiliating change of direction.

They made National Insurance payments in the expectation that they would one day receive a state pension.

However, Labour has pointed out that there will be much lower in - work benefit payments for new claimants put on universal credit — the system championed by the work and pensions secretary, Duncan Smith.

He was awarded $ 400 per week in wage replacement benefits in addition to pension payments.

In a move likely to infuriate Republicans as well as Democrats, GOP gubernatorial hopeful Rob Astorino will pledge Monday to end the Legislature's sessions in April, halt the lawmakers» scandal - ridden «per diem» payment system, and make new lawmakers join a less - costly state pension system, The Post has learneIn a move likely to infuriate Republicans as well as Democrats, GOP gubernatorial hopeful Rob Astorino will pledge Monday to end the Legislature's sessions in April, halt the lawmakers» scandal - ridden «per diem» payment system, and make new lawmakers join a less - costly state pension system, The Post has learnein April, halt the lawmakers» scandal - ridden «per diem» payment system, and make new lawmakers join a less - costly state pension system, The Post has learned.

Pension payments were being deposited directly into a bank account held in a trust for Petschauer.

Further, Miner has made it clear that even with this temporary reduction in pension payments, the city still can not balance its budget and faces cuts that would compromise the gains made in the last decade.

I support the termination of state pension payments for anyone convicted of a felony in relation to his or her official state responsibilities.»