Sentences with phrase «pension program by»

A spurt of pension legislation was passed in the years immediately prior to passage of the Social Security Act, so that 30 states had some form of old - age pension program by 1935.

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.
«Many people do not know this but there's an entire program funded by the government trying to find people who have pensions — the money is just sitting there,» Salisbury says.
These products go by various names — pension loans, pension income programs, mirrored pensions, factored structured settlements or secondary - market annuities.
In addition, a draft of this report was also considered at a meeting of pension experts in October 2009, held as part of a research program on pensions led by Jack Mintz in conjunction with the government of Canada.
The Committee evaluates all of the factors considered by the Chairman and CEO and reviews compensation summaries that tally the dollar value of all compensation and related programs, including salary, annual incentive, long - term compensation, deferred compensation, retention payments and pension benefits.
(a) Schedule 2.7 (a) of the Disclosure Schedule contains a list setting forth each employee benefit plan, program, policy or arrangement (including any «employee benefit plan» as defined in Section 3 (3) of the Employee Retirement Income Security Act of 1974, as amended («ERISA»)(«ERISA Plan»)-RRB-, including, without limitation, employee pension benefit plans, as defined in Section 3 (2) of ERISA, multi-employer plans, as defined in Section 3 (37) of ERISA, employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obligation.
Under Pension Fund Capitalism, employees are encouraged to think of themselves as capitalists in miniature — and provide for their retirement by employee stock ownership programs rather than saving up their wages themselves or having pensions financed on a pay - as - you - go basis out of future production.
In the 2006 Budget, the government promised to reduce the deficit by $ 3 billion per year; to reduce the federal debt - to - GDP ratio to 25 per cent by 2012 - 13; to eliminate the total government sector debt (which includes the federal, provincial and local governments as well as the Canada and Quebec pension plans) by 2021; and finally, to keep the growth in program expenses below the rate of growth in nominal GDP.
DOL is proposing to update the Employee Retirement Income Security Act by instituting a safe harbor describing circumstances in which a payroll deduction savings program, including one with automatic enrollment, would not be considered an employee pension benefit plan under ERISA.
This cutback will accelerate the point at which the program moves into supposed «negative equity» — a calculation that ignores the option of restoring pension funding to the government's general budget, where it would be paid out of progressively levied income tax and hence borne mainly by the wealthy, not by lower - income wage earners as a «user fee.»
The faith - group programs, representing Protestant, Catholics, and Jews, have consistently provided documentaries, dramas, and discussions which dealt with issues almost never touched by commercial broadcasting: the economic factors behind nuclear armaments; the issues behind draft evasion (during the Vietnam War); the real causes of worldwide starvation; and the problems of people who are ignored almost completely by the media, such as the aging who can not live on their pensions, unwed mothers, farm workers who have no homes, undocumented aliens whom we wish to employ but not pay, and refugees we are sending back to certain death in their own countries.
Many schools plan to add new student programs and services next year, aided by millions of dollars in fresh financial assistance from Albany, as well as reductions in state pension costs.
:: Urgently pay Edo State pensioners over 42 months outstanding pension benefits and entitlements from the over N29bn Paris Club refunds received by your government and meant for the payment of pension arrears and gratuities;:: Adopt a human rights policy of guaranteeing regular payment of pension benefits and entitlements so that pensioners and their families can live decently;:: Recognize the human rights of Edo State pensioners and ensure their full and effective enjoyment of those rights, as well as provide them with information to enable them to claim their rights;:: Treat all pensioners in Edo State as individuals with humanity and dignity and respect and promote their higher standard of living and improve economic and social conditions for all pensioners;:: Provide Edo State pensioners with proper support and assistance to alleviate their plight, including by ensuring informal, community - based and recreation - oriented programs for pensioners to help develop their sense of self - reliance and independence;:: Reduce opportunities for corruption in the spending of the Paris Club refunds
Cuomo convened the mandate relief council in 2011, and during his first three years in office has helped localities by capturing cost increases in the Medicaid program and taking over its administration from counties, giving school districts more flexibility in how they set up bus transportation and imposing a less - generous pension plan for newly hired workers.
· Allowing counties an option to modify how they fund state mandated pension contributions · Providing counties more audit authority in the special education preschool program · Improving government efficiency and streamlining state and local legislative operations by removing the need for counties to pursue home rule legislative requests every two years with the state legislature in order to extend current local sales tax authority · Reducing administrative and reporting requirements for counties under Article 6 public health programs · Reforming the Workers Compensation system · Renewing Binding Arbitration, which is scheduled to sunset in June 2013, with a new definition of «ability to pay» for municipalities under fiscal distress, making it subject to the property tax cap (does not apply to NYC) where «ability to pay» will be defined as no more than 2 percent growth in the contract.
Currently, roughly 76 percent of the city's $ 36.8 million budget is consumed by obligatory expenses, including mandatory payments into the state pension fund and the Safety Net welfare program.
The battle comes after the Cuomo administration has been pressured to help counties more on costs mandated by Albany, an area where the governor's office insists it's already done the hard work, taking on the costs for the growth in the program while also pushing through a new, less generous pension tier five years ago.
The city budget approved by the Council Monday included increases in spending for programs like Say Yes to Education and infrastructure projects as well as decreases in spending on medical insurance and pensions.
«Every economic expert knows that a retirement incentive program, despite some short - term savings, can wreak havoc on long - term fiscal health, as was reiterated by the recent Boston College study on pension liabilities, and that's why House Democrats have opposed retirement incentive plans as part of this deficit mitigation proposal,» Sharkey and Aresimowicz said in a statement.
That was confirmed by the Office of the State Comptroller, which administers the pension program, in answer to Courant questions — first in 2014, and again this week.
• Limit districts» practice of making long - term commitments that they may not be able to fulfill by, for example, encouraging them to shift to defined - contribution pension programs and modifying tenure systems to allow for staffing adaptations.
In other words, even when an ERI program creates substantial savings for school districts by reducing teacher salary costs, it still can cost the state money through higher pension payments.
Figure 2 contrasts with the relatively smooth accrual that would occur with a cash balance pension plan (see our EFP paper for an explanation of this type of program, used by many large private employers and a few public employers).
This reduced funding, argued proponents of the bill, could be offset at the district level by employee contributions to health - care and pension programs as well as savings gained by local school districts exercising greater autonomy over spending.
While the plan called for a cut of 5.5 percent to education, dropping per - pupil funding by $ 550, funding limits could be offset at the district level by increased employee contributions to health care and pension programs, and by giving local school districts other tools such as wage freezes and adjustments in salary schedules.
As explained by the Friedman Foundation's Martin Lueken, «First, the states Weingarten cites are experiencing the worst pension crises, Pennsylvania, Michigan, and Illinois, do not even have strongly funded private school choice programs.
The survey shows that the cumulative effect of stagnant revenues caused by the lackluster economy, reduced levels of state and federal contributions to total school costs and dramatically rising pension and other mandated costs have led to the unprecedented reductions in programs and school staff.
Similarly, New York is currently engaged in a controversial smoothing or «amortization» program to lessen the pension burden on hard - pressed municipalities by letting them defer some pension debt by up to 10 - to - 12 years.
VA debt management is offered by the U.S. Veterans Affairs Debt Management Center to help assist the members of the Armed Forces, their families, and veterans who have incurred debts.These debts came from participating in the education programs, home loans, pension, and compensation of Veterans Affairs.
On April 6, the minimum contribution rate for workers automatically enrolled in qualified workplace pension plans under the auto - enrollment (AE) program increased from 2 percent (split equally among employers and employees) to 5 percent of covered earnings (2 percent is paid by employers and 3 percent by employees).
The Individual Pension Plan or IPP is an employer - provided program that replaces RRSP savings by an employee, says Stephen Cheng, managing director of Vancouver - based Westcoast Actuaries Inc..
Instead of pension plans, some workplaces may offer group RRSP or Tax - Free Savings Account (TFSA) programs, in which employers match contributions made by employees up to a set limit.
CPPIB took in $ 2.3 billion in net income after all costs, less $ 600 million in net pension plan outflows to the Canada Pension Plan — a national program funded by contributions from employers and emppension plan outflows to the Canada Pension Plan — a national program funded by contributions from employers and empPension Plan — a national program funded by contributions from employers and employees.
Pensions, along with other programs like unemployment benefits, are funded by taxes.
The PRPP (pooled registered pension plan) is a more recent workplace pension program that behaves more like a defined - contribution plan, but is by no means universal and places investment risk on the shoulders of plan participants.
The simple answer in my opinion is lack of alternatives, especially for long - term investors such as endowment and pension funds, which has created a surge in demand for stocks at the same time that the supply of stocks is dwindling due to the aggressive buyback programs instituted by corporations in recent years.
The Liberals were the only party to promise to re-instate lifelong pensions for disabled veterans, which were replaced by a controversial lump - sum award, career training and income - replacement programs in 2006.
«Disposable earnings» means that part of the earnings of a debtor remaining after deduction of amounts required by law to be withheld, and disposable earnings shall not include periodic payments pursuant to a pension, retirement, or disability program.
If your plan ends (this is called «plan termination») without sufficient money to pay all benefits, PBGC's insurance program will pay you the benefit provided by your pension plan up to the limits set by law.
January 9 and 10, 1985 — Statement by Sohpie Korczyk on the Investment Performance of Pension Funds Before the U.S. Department of Labor Office of Pension and Welfare Benefit Programs Hearings in New York, NY (T - 41)
And by law, the home loan program is supposed to turn a profit like other pension fund investments.
Do not include: — Old Age Security Pension (Canadian), Guaranteed Income Supplement, Allowance or Allowance for the Survivor — War Veterans Allowance or Veterans Disability or Dependents Pension Program — Death Benefits from Canada Pension Plan or Quebec Pension Plan — Canada Child Tax Benefit payments — Assistance payments from a municipal, provincial or Canadian federal government — Support or gifts from relatives, registered charities or other organizations — Municipal tax rebates — Lottery winnings — Inheritances — GST credits or other such payments issued by the Canada Revenue Agency (CRA)-- Universal Child Care Benefit — Registered Disability Savings Plan payments
Insured Plan - A pension plan covered by PBGC's Single - Employer Pension Plan Insurance Program or Multiemployer Pension Plan Insurance Ppension plan covered by PBGC's Single - Employer Pension Plan Insurance Program or Multiemployer Pension Plan Insurance PPension Plan Insurance Program or Multiemployer Pension Plan Insurance PPension Plan Insurance Program.
We hope you'll join our Legacy Society program by naming Nate's Honor Animal Rescue as a beneficiary in your will, life insurance policy, pension plan or charitable trust.
The South Central Pension Rights Project Staff Attorney is expected to fulfill the mission of Texas Legal Services Center and carry out the Pension Counseling and Information Program described in the U.S. Older Americans Act (42 U.S.C. 3020e — 1) by providing pension counseling and information services to participants and beneficiaries of employer sponsored pension and retirement savingsPension Rights Project Staff Attorney is expected to fulfill the mission of Texas Legal Services Center and carry out the Pension Counseling and Information Program described in the U.S. Older Americans Act (42 U.S.C. 3020e — 1) by providing pension counseling and information services to participants and beneficiaries of employer sponsored pension and retirement savingsPension Counseling and Information Program described in the U.S. Older Americans Act (42 U.S.C. 3020e — 1) by providing pension counseling and information services to participants and beneficiaries of employer sponsored pension and retirement savingspension counseling and information services to participants and beneficiaries of employer sponsored pension and retirement savingspension and retirement savings plans.
The Report acknowledged the vulnerability of pensioners but maintained that retirement benefits can be accessed from other sources (Canada / Quebec Pension Plan, Old Age Security and Guaranteed Income Supplement programs, and possible private savings and RRSPs) and concluded by noting that while greater protection might be desired by some, that protection «must be balanced against the interests of others» (Report, page 98).
The Canada Pension Plan is a social insurance program based on equal contributions by employees and employers.
Those Terms of Use state: «Job Bank will not post jobs: if the employer expects the employee to remit his / her own tax deductions; if the employer expects the worker to arrange other employment coverage for programs such as income tax, the Canada Pension Plan (CPP), employment insurance (EI), and workers» compensation;» In our experience, this is precisely what is expected of fee - for - service physicians; they are generally paid directly by the provincial health insurer, pay their own staff and remit their own tax (including income tax) deductions.
Our Pension Pass Book Program, a response based program has helped our Retirement Policy holders strengthen their retirement funds by way of regular topProgram, a response based program has helped our Retirement Policy holders strengthen their retirement funds by way of regular topprogram has helped our Retirement Policy holders strengthen their retirement funds by way of regular top - ups.
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