Sentences with phrase «pension plan changes»

What if the pension plan changes the rules as to when you can retire?

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.
Chriss pegs growth in the contingent work force to structural changes in employment over the past decades, including a decline in enrollment in defined - benefit pension plans and growth in the average duration of unemployment.
Since critics, including the private insurance industry, shot down his idea of a Canada Supplementary Pension Plan, Ambachtsheer has thrown his support behind changing the law to allow the private sector to offer essentially the same thing: portable plans that meet certain criteria for governance, performance and low management fees.
The two sides have both said the key sticking point in negotiations involves changes to employee pension plans.
Perhaps the biggest sticking point is the company's pension plan, which Canada Post is proposing be changed from a defined benefit plan to a defined contribution plan.
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.
During the 1990s, predictions abounded that demographic change would eventually bankrupt the Canada Pension Plan, prompting some to advocate raising the qualification age from 65 to 67.
Wiseman says the CPPIB takes no position on whether the Canada Pension Plan is sufficient given overall retirement needs or what changes may be required, but says it has the organization has a «platform» of people, relationships and assets that can be expanded if policy - makers decide that's necessary.
Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).
Trotsky said the pension has about 10 percent of its money in PE — around the national average for large public retirement funds — and has no plans to change that.
The Committee approves, by direct action or through delegation, participation in and all awards, grants and related actions under IBM's various equity plans, reviews changes in IBM's pension plans primarily affecting corporate officers, and manages the operation and administration of the IBM Supplemental Executive Retention Plan.
It is assumed that part of this increase is offset by the changes to the federal and members of Parliament pension plans, although one would have expected these savings to be included under «Policy Decisions».
He also said that state and municipal retirement pension plans should be swept into the Social Security system — and argued that the political pressures are building to force change.
(8) Amounts in this column reflect the total of the following columns: Salary, Bonus, Stock Awards, Option Awards, Non-Equity Incentive Plan Compensation, Change in Retention Plan Value, Change in Pension Value, Nonqualified Deferred Compensation Earnings and All Other Compensation.
Looking years out at the election calendar, Trudeau's strategists pushed early for federal - provincial initiatives like Canada Pension Plan reform, a health accord and the framework for fighting climate change.
We do support, however, changes to the funding and management of the federal employees» pension plans, including the move to more equitable contribution rates, changes in retirement provisions for new employees, among others.
Past achievements include building the case for deficit reduction in the 1980s and early 1990s, for consolidation of the Canada and Quebec Pension Plans in the late 1990s, a series of shadow federal budgets and fiscal accountability reports in that began in the 2000s, and work on marginal effective tax rates on personal incomes and business investment, which has laid the foundation for such key changes as sales tax reform, elimination of capital taxes, and corporate income tax rate reductions.
The Institute also proposes changes to federal employee pension plans and other post-retirement benefits.
A new NASRA resource provides detailed information about key changes made to public pension plans since 2016.
However, the Report fails to note that this is due to the growing surpluses in the Canada and Quebec Pension Plans, given the premium rate changes made in the mid-1990s to put these plans on a sustainable Plans, given the premium rate changes made in the mid-1990s to put these plans on a sustainable plans on a sustainable path.
Service members may be able to participate in the new blended retirement system, which changes pension guarantees but also provides matching contributions to the Thrift Savings Plan.
In his meeting with provincial finance ministers on possible reforms to the Canada Pension Plan (CPP) in December, Minister Flaherty indicated that global economic growth was too uncertain and that the domestic economy was too fragile to consider structural changes to the CPP at this time.
• Equity and performance based plans (e.g., annual and long - term incentive plans, stock option, restricted stock, performance share and broad - based equity plans); • Executive plans (e.g., deferred compensation, supplemental retirement, severance and change - in - control plans); • Retirement plans (e.g., 401 (k) plans, traditional defined benefit pension plans and ESOPs); and • Health and welfare plans (including COBRA and HIPAA compliance), and other fringe benefit programs.
BlackRock's Claire Finn explores how trustees and plan sponsors should think about changing their pension schemes to address the p...
Some pension officials said they don't plan to make drastic changes based on GASB's decision.
A ton of factors can impact a couple's retirement plans, particularly early retirements, income adjustments due to health care changes, social security, pensions, and part - time income.
Finance Minister Joe Oliver wrote his Ontario counterpart earlier this month warning Ottawa would not help implement the Ontario Retirement Pension Plan or make any legislative changes to allow it to be treated like the CPP for tax purposes.
Rising rates and a banner year for stocks could lift earnings at some large companies that have made an arcane but significant change to the way their pension plans are valued.
And Sousa says the federal government has a co-operative agreement with the Quebec Pension Plan and made legislative changes to the Income Tax Act to allow higher contributions to the Saskatchewan Pension Plan.
Rising interest rates and a banner year for stocks could lift reported earnings at some large companies that have made an arcane but significant change to the way their pension plans are valued.
Canada's finance ministers agreed to a suite of changes to the Canada Pension Plan (CPP) during their meeting this week.
Recent measures such as changes to the Canada Pension Plan, the rollback of planned cuts to Employment Insurance premiums, the introduction of carbon levies and cap - and - trade programs, and significant minimum wage hikes in Ontario and Alberta have a cumulative impact on investment returns and business competitiveness.
The government claims that its changes will not affect the core public sector pension plans, under the Public Service Superannuation Act, the Canadian Forces Superannuation Act and the Royal Canadian Mounted Police Superannuation Act.
The last significant structural changes to the CPP (and Quebec Pension Plan) were made in the mid-1990s.
Changes in actuarial assumptions (i.e. the discount rate and expected return on plan assets) can cause big swings in total reported net pension liabilities.
This change is easy to understand given the increasingly high costs of pension plans.
Workers are fighting plans to change their USS defined benefit pension scheme to a defined contribution one.
pro-EU policy — climate change policy to include a Heathrow runway u-turn — agree fair tax plans: redistribute pension tax relief, tax avoidance, to shift burden at bottom.
The government is facing a tough battle to pass many of its budget measures, with Labor, the Greens and crossbenchers attacking plans to impose a $ 7 GP co-payment, cut health and education spending, and change the indexation of pensions.
In 2011, the Government announced planned changes to the TPS following a fundamental review of public service pension provision by the independent Public Service Pensions Commission chaired by Lord Hutton.
But the governor's plan would effectively give him ownership of the state's massive public school system, and would be among the most ambitious changes he's pursued in his governorship, a tenure that so far has included legalizing same - sex marriage, strengthening gun control, creating a statewide property - tax cap and reforming the state pension system.
Earlier Tuesday, key committee leaders released a detailed, 262 - page budget plan that called for rejecting Gov. Dannel P. Malloy's controversial plans to change the education cost - sharing formula and to force towns to share one - third of the cost of teachers» pensions.
This week's party conference in Liverpool is seeing tensions between the Labour leadership and that of the unions, who are uncomfortable with Mr Miliband's refusal to support those planning to strike against changes to public sector pensions.
Shadow First Secretary of State, Shadow Secretary of State for Business, Innovation and Skills Angela Eagle MP Shadow Chancellor of the Exchequer John McDonnell MP Shadow Chief Secretary to the Treasury Seema Malhotra MP Shadow Home Secretary Andy Burnham MP Shadow Foreign Secretary Hilary Benn MP Opposition Chief Whip Rosie Winterton MP Shadow Secretary of State for Health Heidi Alexander MP Shadow Secretary of State for Education Lucy Powell MP Shadow Secretary of State for Work and Pensions Owen Smith MP Shadow Secretary of State for Defence Maria Eagle MP Shadow Lord Chancellor, Shadow Secretary of State for Justice Lord Falconer of Thoroton Shadow Secretary of State for Communities and Local Government, Shadow Minister for the Constitutional Convention Jon Trickett MP Shadow Secretary of State for Energy and Climate Change Lisa Nandy MP Shadow Leader of the House of Commons Chris Bryant MP Shadow Secretary of State for Transport Lilian Greenwood MP Shadow Secretary of State for Northern Ireland Vernon Coaker MP Shadow Secretary of State for International Development Diane Abbott MP Shadow Secretary of State for Scotland Ian Murray MP Shadow Secretary of State for Wales Nia Griffith MP Shadow Secretary of State for Environment, Food and Rural Affairs Kerry McCarthy MP Shadow Minister for Women and Equalities Kate Green MP Shadow Secretary of State for Culture, Media and Sport Michael Dugher MP Shadow Minister for Young People and Voter Registration Gloria De Piero MP Shadow Minister for Mental Health Luciana Berger MP Shadow Leader of the House of Lords Baroness Smith of Basildon Lords Chief Whip Lord Bassam of Brighton Shadow Attorney General Catherine McKinnell MP Shadow Minister without Portfolio Jonathan Ashworth MP Shadow Minister for Housing and Planning John Healey MP
The chancellor is planning significant changes from April — including tax credits, state pensions, child benefit and Isas
The government is also under pressure over the possible impact on family budgets of changes to welfare, following reports that Iain Duncan Smith, the work and pensions secretary, is looking at plans to cut child benefit.
Senate Republicans have said they are open to Cuomo's pension reform changes, Assembly Democrats have not yet committed to it, and some Democrats oppose the plan.
State Comptroller Tom DiNapoli today issued an aggressive defense of the current pension system andm — without getting into specifics — slammed Gov. Andrew Cuomo's proposal to offer a 401 (k)- style defined contribution plan as part of his Tier 6 proposal, calling the change «unacceptable» and «extreme.»
Astorino's plan also includes a new ethics commission to investigate complaints against lawmakers, and changes to legislative pensions and compensation.
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