Sentences with phrase «pension plan reform»

A federal - provincial meeting on Canada Pension Plan reform broke up in recriminations Monday after several provincial ministers accused Finance Minister Jim Flaherty of blocking efforts to enrich the plan — or even agreeing to further study.

Pension plan reform, employees paying more in health insurance, and raises are all issues that should be on the table, and are.

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.

Successfully reduced the funding and accounting costs by 20 % through pension plan reforms and rigorous actuarial valuation

Not exact matches

The Canada Pension Plan Act says that once a sufficient number of provincial governments have indicated support, the federal government can move forward and lock in the reform with an Order in Council — no new Parliamentary debate or legislation is required.

The Conservative government favoured PRPPs over more intrusive proposals for reform, such as expanding the Canada Pension 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.

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.

He also supported a robust pension reform plan in 2011 that raised the retirement age and eliminated cost - of - living adjustments for beneficiaries.

Our Government has already reformed federal government pension plans, to ensure that parliamentarians and public servants pay their fair share.

Thus, the path dependency that political scientist Paul Pierson, 1997 has observed in pension reforms is not just an observed fact, but a desired characteristic.21 Threats to sustainability are typically identified as expenditures rising above an acceptable level, and especially in prefunded DB plans, volatility of pension contributions or accounting expenses for pensions.

The letter urged Klein to replace the Canada Pension Plan with an Alberta pension scheme; set up a provincial income tax system, rather than allow Ottawa to collect the tax on Alberta's behalf; replace the RCMP with an Alberta provincial police force; create a provincial health care plan; and «force Senate reform back onto the national agenda.Pension Plan with an Alberta pension scheme; set up a provincial income tax system, rather than allow Ottawa to collect the tax on Alberta's behalf; replace the RCMP with an Alberta provincial police force; create a provincial health care plan; and «force Senate reform back onto the national agenda.&raPlan with an Alberta pension scheme; set up a provincial income tax system, rather than allow Ottawa to collect the tax on Alberta's behalf; replace the RCMP with an Alberta provincial police force; create a provincial health care plan; and «force Senate reform back onto the national agenda.pension scheme; set up a provincial income tax system, rather than allow Ottawa to collect the tax on Alberta's behalf; replace the RCMP with an Alberta provincial police force; create a provincial health care plan; and «force Senate reform back onto the national agenda.&raplan; and «force Senate reform back onto the national agenda.»

Controversial reforms Greece promised to pass into law by Wednesday include reforming the VAT system, overhauling pensions and signing up to plans that ensure immediate spending cuts in the event of breaching creditor - mandated budget targets.

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.

Mr. Martin averted a major fiscal crisis, eliminated the deficit in three years, reduced the government's debt, strengthened the Canadian banking system, and reformed the Canada Pension 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.

Farmers are protesting pension reforms planned...

Published in the Financial Post on April 12, 2012 By Geoffrey Young Two budgets — in Ottawa and Ontario — have announced reforms to rich defined - benefit pension plans enjoyed by government employees...

Worst of all is the pension plan for MPs — both because its exceptionally lavish benefits are totally unfunded, and because it's the scheme for elected representatives who need to lead national reforms.

In a carefully timed intervention coming shortly before Finance Ministers meet to discuss retirement income reform, the Canadian Federation of Independent Business today released an econometric study by Peter Dungan of the University of Toronto on the economic impacts of the CLC proposal to double the Canada Pension Plan replacement rate,

His experience and credentials will serve him well if the government decides to pursue reforms to the Canadian Pension Plan.

With all the problems pensions have caused, the last thing lawmakers should include in any reform for new employees is more pension plans.

The size of Illinois» pension crisis requires even bolder pension reform that includes 401 (k)- style plans for public employees.

Silver was also asked about Cuomo's comments in today's NYTimes about his planned push for pension reform.

The report by the Institute of Economic Affairs (IEA), a right - wing thinktank, agrees with the principles behind the work and pensions secretary's plans, but insists the reforms do not go far enough.

The Low Incomes Tax Reform Group warns of the consequences of the planned reduction from this April in the pension money purchase annual allowance

We also asked Spitzer about his take on Governor Cuomo's pension reform plan.

Republican state comptroller candidate Harry Wilson today released a five - point reform plan designed in part to address the pay - to - play practices that have been the focus of AG Andrew Cuomo's ongoing investigation of the office and the pension fund, resulting in several guilty pleas and indictments.

The Ocean State's governor, Lincoln Chafee, and general treasurer, Gina Raimondo, tapped Wilson to serve on a 12 - member voluntary advisory group to craft a comprehensive pension reform plan.

With just a week to go before the end of the 2015 legislative session in Albany, Cuomo attended a press conference on the steps of the state Capitol with the uniformed police officer and firefighter unions that believed the mayor's plan to reform pension disability payments didn't go far enough.

The union insists government plans for pension reform should not proceed without a valuation of the scheme.

In mid-March, Heastie and Cuomo announced a two - way agreement on ethics reform, which included a pension forfeiture plan for corrupt officials.

Many of the welfare reforms and reductions are likely to prove temporary as Iain Duncan Smith, the Work and Pensions Secretary, is developing plans for a radical «universal credit» which will replace all out - of - work benefits over the next decade.

On Wednesday, the unions will attempt to bring the country to its knees because of the Coalition's plan to reform the public sector's unsustainable pension system.

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.

He wants to limit state spending to available resources, address unfunded pension costs, focus on paying for core services and reform the budgeting process by not waiting until the final days to pass a new tax - and - spending plan.

Shadow Work and Pensions Secretary Liam Byrne has said Labour will target low pay and housing benefit in its plans for social security reform.

Reforming the state's pension plan for new employees will put our costs in line with other states across the nation and preserve the invaluable services, like education and public safety, that make New York the best place to live, do business and raise a family.»

They are aligned with an organization called the Committee to Save New York (CSNY) in pushing local officials to call on the state legislature to support Governor Andrew Cuomo's proposed Tier VI Pension reform plan.

Committee backers, including the Real Estate Board of New York (REBNY) and the Partnership for New York City, benefit from a range of policies continued, implemented, or proposed by the Cuomo administration, including low corporate tax rates, subsidies, pension reform, and real estate development plans.

Shadow Work and Pensions Secretary Liam Byrne says Labour will target low pay and housing benefit in its plans for social security reform.

«I was talking about problems with the signal system and the need for upgrades and the need for the state to put more resources into the capital plan and for pension reforms,» Faso says now.

· Creating a pension reform plan that will save state taxpayers and local governments outside New York City $ 83 billion, and will save New York City $ 30 billion over the next 30 years; and

We need repeal of union give - aways like the Triborough Amendment which rigs union contracts and benefits, repeal of the Wicks Law which raises public construction costs, reform of binding arbitration rules affecting police and fire contracts, and movement toward defined contribution pension plans for public employees.»

Leading the way through radical reforms to savings and retirement Insight into the Freedom and Choice reforms Action Plan to Government to address advice issues Work on standardising pension product language

«The work and pension secretary's reform plans often (not always) seemed either to involve spending more money, or to be ineffective in saving the money they promised.

The money saved would help Iain Duncan Smith, the Work and Pensions Secretary, to implement his radical plans to reform the welfare system.

Cuomo also would not rule out separating the issue of pension reform from the budget altogether, though he says it's a «vital part» of his spending plan.

Mayor Bloomberg says he's not going to «complicate» Cuomo's efforts by insisting on the 401 k option for the pension reform plan, but he says defined benefit plans have become largely unaffordable.

Governor Cuomo, who initially had sought a wider pension reform plan, with a 401k option for all new workers, says he believes the public is on his side on the issue.