Sentences with phrase «pension plan challenged»

The United Steelworkers which was the bargaining agent for just 7 of the 169 members of one pension plan, and the representatives of the Retirees» pension plan challenged the distribution of the sale proceeds.

Not exact matches

Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.

Finally, the Canada Pension Plan offers insufficient retirement security and hasn't been reformed to meet the challenges of a period where most young workers can't enrol in pensionPension Plan offers insufficient retirement security and hasn't been reformed to meet the challenges of a period where most young workers can't enrol in pensionpension plans.

This session addresses how areas such as investment opportunities and threats, economic environment, political landscape, and corporate finance optimization, could impact DB plan sponsors» decision making during these challenging times for pension investors.

The challenges are to pay down a $ 272,000 mortgage with a 30 - year amortization which costs her $ 1,091 per month, to get more income from her $ 580,609 of financial assets, and to make the most of Canada Pension Plan benefits which could start to flow as early as her age 60 next year.

«While Pensions overall continued to have solid returns against a backdrop of challenging macroeconomic factors, the decline in long - term interest rates has likely increased plan liabilities,» said Scott MacDonald, managing director, Pensions, RBC Investor & Treasury Services.

DiNapoli, a Democrat, has used the pension fund to throw some political weight around when it comes to social causes — think of the Chevron lawsuit, which is being challenged by former ethics watchdog David Grandeau, and the plan to divest from firearm manufacturers.

Governments, as employers, have exacerbated, and continue to exacerbate, their pension plans» financial challenges.

State lawmakers moving to fix the nation's worst - funded pension system have a choice: a plan that saves a lot of money or one that might survive a court challenge.

Companies face multiple challenges in regard to their pension plans.

We recognise that the additional governance burden that comes with monitoring active managers against their objectives can be challenging for pension plans, but this can be appropriately managed by the right investment partner.

The decline of defined benefit pension plans outside of the public sector, coupled with the rise of self - employment, contract work and precarious, part - time labour have made saving for retirement more challenging — and more important — than ever.

Making the Move from a Traditional Pension to a 401 (k): Overcoming the Gap in Retirement Benefits — Paul M. Secunda at the Workplace Prof Blog discusses the challenges workers face in maintaining retirement benefit levels under 401 (k) plans.

Low interest rates, the need to out - pace inflation, and the availability of traditional retirement income, such as Social Security or pensions, can be challenges to retirement planning.

In times of economic challenges, being able to pay your monthly bills may represent financial security in the short term, but most of us must also plan for supplementing social security and / or pensions received from employers.

For teachers who are required to contribute to their school retirement plan, it's never a good idea to rely solely on a public pension plan when states are facing so many financial challenges.

The need to pay for the pensions of people who are already retired or near retirement age poses a challenge to all plans for privatizing Social Security.

This trend is particularly concerning given the financial challenges younger employees will face in the future due to disappearing defined benefit pension plans and rising medical expenses.

And as this column has pointed out before, retiring in this second decade of the 21st century poses challenges for just about any healthy person who lacks an inflation - indexed employer - sponsored Defined Benefit (DB) pension plan.

Recently, retirement plan sponsors have had to navigate their way through challenging situations from Supreme Court decisions impacting employer stock to mortality improvements increasing pension liabilities.

He recently represented the Retirement Plan for Chicago Transit Authority Employees in the Supreme Court of Illinois in the Matthews case, which challenged the constitutionality, under the Illinois State Constitution, of the CTA's pension reform agreement with its unions (decision pending).

Topic «E-Pensions 101: Advising Plan Administrators on Member Communication» Advance Strategic Planning: Providing Pension & Benefits Advice in 2015 «Top Five Tips for Investigations in a Unionized Workplace» Tackling the Challenges of Investigations in a Unionized Workplace — Kathryn J. Bird «The Accessibility for Ontarians With Disabilities Act, 2005: Addressing Challenges and Promoting Compliance» — Andrew...

Challenging A Decision About Your Canada Pension Plan Or Old Age Security Benefits: Reconsideration and the Social Security Tribunal: This guide outlines how you can challenge a decision that you disagree with about your Canada Pension Plan (CPP) or Old Age Security (OAS) claim.

Law v. Canada involved a challenge of the formula by which survivor's benefits are granted under the Canada Pension Plan.

Pension claim fall - out from the Barber decision, tax planning under challenge from a cash - starved government, commercial property fraud, possible fall - out from securitisation of residential mortgages — the terms of which may be subject to severe challenge from insurers of small firms — and mergers and acquisitions which have turned out to be bad deals, are all building up a head of steam, not only in the UK but on the continent, where claims against law firms have traditionally been almost non-existent.