Sentences with phrase «pension protection for»

The government offered «inadequate» pension protection for workers whose companies went bust but does not necessarily have to compensate them, a court has ruled.
To be sure, there are well - funded efforts advocating around the subject of a constitutional convention, including unions who fear that delegates might revise pension protections for public employees.

Not exact matches

In 2006, Congress passed the Pension Protection Act, which helped raise participation rates by clarifying language on default opt - ins for employees.
Courtney Pratt, a former Toronto Hydro executive, took over in January 2004, and Stelco quickly filed for creditor protection with $ 545 million in long - term debt and a $ 1.3 - billion pension hole.
Judge Klein's decision to overlook the disparate treatment accorded pensioners and capital - market creditors disappointed municipal - bond investors, who had hoped for better treatment in the wake of his Oct. 1 decision that pensions deserved no more protection than other contractual obligations.
The Daily Telegraph understands the troubled retailer is also in talks with the Pension Protection Fund, the safety net for retirement funds when companies collapse.
Among them are the rights to: bullet joint parenting; bullet joint adoption; bullet joint foster care, custody, and visitation (including non-biological parents); bullet status as next - of - kin for hospital visits and medical decisions where one partner is too ill to be competent; bullet joint insurance policies for home, auto and health; bullet dissolution and divorce protections such as community property and child support; bullet immigration and residency for partners from other countries; bullet inheritance automatically in the absence of a will; bullet joint leases with automatic renewal rights in the event one partner dies or leaves the house or apartment; bullet inheritance of jointly - owned real and personal property through the right of survivorship (which avoids the time and expense and taxes in probate); bullet benefits such as annuities, pension plans, Social Security, and Medicare; bullet spousal exemptions to property tax increases upon the death of one partner who is a co-owner of the home; bullet veterans» discounts on medical care, education, and home loans; joint filing of tax returns; bullet joint filing of customs claims when traveling; bullet wrongful death benefits for a surviving partner and children; bullet bereavement or sick leave to care for a partner or child; bullet decision - making power with respect to whether a deceased partner will be cremated or not and where to bury him or her; bullet crime victims» recovery benefits; bullet loss of consortium tort benefits; bullet domestic violence protection orders; bullet judicial protections and evidentiary immunity; bullet and more...
«For eight years, the Republican Bush / Cheney agenda allowed Wall Street to run amok, stretched our armed forces to the limit, undermined a secure retirement by allowing employers to weaken pension protections, and promoted some of the most anti-woman health policies in recent memory,» Lancman said
NKD recognizes that the New York State Constitution includes critical provisions that safeguard pensions for our retirees, quality education for our children, and state parks that we treasure, and we firmly oppose weakening those protections.
Mayor Bill de Blasio announced a tentative agreement on Thursday with the New York City firefighters» union for a seven - year labor pact that includes retroactive raises for firefighters, new disability pension protections and increased staffing for 20 of the Fire Department's roughly 200 engine companies by 2019.
The current bill would change a constitutional protection for public workers that their pension «shall not be diminished or impaired.»
In accordance with the principles of the UN Global Compact, with respect to the protection of internationally proclaimed human rights, the pension fund has divested from the for - profit prison industry.
They are not eligible for help under the Pensions Protection Fund (PPF) because their problems took place before the fund was set up in April 2005, although they do have access to help under the Financial Assistance Scheme (FAS).
Last month, the European court ruled the government had failed to properly implement a 1983 EU directive requiring member states to provide proper protection for workers» pensions, saying it provided «inadequate» safeguards.
«I'm extremely proud to accept the endorsement of 1199 SEIU and its members, and I look forward to fighting alongside them in Congress for higher wages, better benefits, reliable pensions, and workplace safety protections that their members and all working New Yorkers deserve,» Lancman said.
They raise fears that protections for labor rights, state pensions, the Adirondack Park's «Forever Wild» Forest Preserve and our obligations to educate our children and care for the needy could be curtailed, or even overturned.
«It amazes me that, at a time when unemployment is at record levels, schools are being shuttered, workers are being laid off, pensions are being lost, that the Senate President is rolling back basic protections for hardworking transgender government employees,» said Dávila.
Without this constitutional protection, state and local pension funds could be raided like a piggybank to pay for other obligations.
De Blasio announced a tentative agreement with the New York City firefighters» union for a seven - year labor pact that includes retroactive raises for firefighters, new disability pension protections and increased staffing for 20 of the department's roughly 200 engine companies by 2019.
The popular majorities — those who are forced to survive on wage labor, sometimes known as the 99 percent — are never able to win great substantial victories for democracy, but are forced to accept incremental steps towards achieving some small victories in the areas of progressive taxation, health care, universal education, retirement pensions, and environmental and consumer protections and civil rights.
(A dozen other states also use the California Rule as the legal protection for government pensions.)
In Illinois, another state with a constitutional protection for government - worker pensions, the governor recently signed legislation that would raise the retirement age for mid-career workers and reduce cost - of - living adjustments for all workers who have not yet retired.
This guidance gives details on the career average pension scheme introduced from April 2015 for most members, how career average works, an overview of the scheme and the transitional protection arrangements.
While these changes can't match the pensions, union protections, and tenure provisions teachers have at many traditional schools, they mark a significant shift for charters.
The veto punishes all districts by putting a cap on regional costs, ignoring inflation, and removing protections for districts in the future in the event that local resources are used to pay for pensions.
Even though I think pension plan funding methods for corporate plans are weak, at least they have ERISA for some protection.
Defined benefit pension plans for teachers and government workers typically pay 2 % per year of service if you retire at 65, and offer either full or partial protection from inflation, says FitzGerald.
Even if you already are set to earn a pension from your employment, what's the harm in adding an extra layer of protection for yourself?
The Pension Protection Act, which is under consideration in the U.S. Senate this week after passage in the House late Friday, would let 401 (k) providers like mutual funds, brokerage firms and insurance companies help workers choose specific funds for their retirement accounts.
«After the release of the Pension Protection Act and the impact of the recession, many people found that they didn't have the stomach for investment decisions,» Thompson says.
What this means is that your Robo Advisor - managed pension and retirement accounts are eligible for protection under the Canadian Investor Protection Fund'protection under the Canadian Investor Protection Fund'Protection Fund's mandate.
But it is a risk for pensions and annuities without inflation protection.
With corporations, the protection of the Pension Benefits Guarantee Corporation [PBGC] has kept pensions safe up to a limit — as of 2016, up to roughly $ 60K / year for those retiring at age 65 (less for younger retirees) from single - employer plans, and $ 12,870 / year at most for those in multiemployer plans.
ERISA has certain protections for employees of companies where the pension plan becomes insolvent.
The retailer filed for protection from creditors in June and lawyers for Sears» retirees had been asking FSCO and Sears Canada to wind down the pension plan since 2014.
Today, after several amendments, ERISA sets standards of protection for participants in most pension and health plans in the private sector.
The lineup includes a Structured Investment Option, which offers your employees the potential for market gains up to a specified limit along with some protection against some market losses.4 We also offer the Personal Income BenefitSM, a «pension - like» benefit that provides guaranteed withdrawal payments for life and may help employees address inflation, longevity, and market volatility concerns.5
The largest provider of company pensions, life insurance and income protection for companies and affinity groups across Ireland.
2016 is the tenth anniversary of the Pension Protection Act, or PPA, which was largely designed to shore up financially troubled defined benefit plans, and their insurer, but the legislation also vastly improved the health of defined - contribution plans including 401 (k) s, now the dominant individual retirement savings vehicle for those Americans who are offered such plans at work, mostly at large companies.
SB 6203 addressed transition job losses by offering up to two years of pension protection and worker retraining for union and non-union fossil fuel workers.
And so, in utilitarian terms — namely of a government which looks for a fair balance «between the demands of the general interest of the community and the protection of individual rights» (Lord Justice Laws in Carson)-- the government was justified, said Hooper LJ, in depriving Ms Ratcliff e of a pension; and Ward and Wall LJJ concurred.
«The government's pensions lifeboat, the Pension Protection Fund (PPF), is now to take over payment of pensions for the company's retirement scheme members.
Postponement of a claim where the borrower has submitted a claim to a mortgage protection insurer and has demonstrated a reasonable expectation of eligibility for payment and an ability to pay any uninsured element of instalments is extended to mortgage support claims to the Department for Works and Pensions in like circumstances.
The City firm is acting for the Pension Protection Fund (PPF), reprising a role it has played during previous restructurings of Monarch's business.
Green has agreed to provide funding for a new pension scheme to give the 19,000 members of the existing BHS pension schemes the option of the same starting pension that was promised by BHS, and higher benefits than they would have received from the Pension Protection Fundpension scheme to give the 19,000 members of the existing BHS pension schemes the option of the same starting pension that was promised by BHS, and higher benefits than they would have received from the Pension Protection Fundpension schemes the option of the same starting pension that was promised by BHS, and higher benefits than they would have received from the Pension Protection Fundpension that was promised by BHS, and higher benefits than they would have received from the Pension Protection FundPension Protection Fund (PPF).
TTG Pension Trustees v Board of the Pension Protection Fund (Ch Div, 2014)[2014] EWHC 174 (Ch) John acted for the pension trustees in an appeal against a decision of tPension Trustees v Board of the Pension Protection Fund (Ch Div, 2014)[2014] EWHC 174 (Ch) John acted for the pension trustees in an appeal against a decision of tPension Protection Fund (Ch Div, 2014)[2014] EWHC 174 (Ch) John acted for the pension trustees in an appeal against a decision of tpension trustees in an appeal against a decision of the PPF.
Tom White Qualified: 2005 Made partner: 2015 Key cases: Advising on a # 250m + negligence claim against a firm of surveyors in relation to the valuation of a large portfolio of commercial properties spread across the country; acting for the Pension Protection Fund on the first two cases to reach the court in relation to challenges to the PPF levy.
The Pension Protection Fund (PPF) has published a consultation document on the pension protection levy for 2Pension Protection Fund (PPF) has published a consultation document on the pension protection levy foProtection Fund (PPF) has published a consultation document on the pension protection levy for 2pension protection levy foprotection levy for 2017/18.
«This case confirms that for many DB pension schemes, new legislation is required to allow schemes to reduce liabilities on removing some inflation protection for members.
He acts for employers, trustees and members, including on restructuring of schemes, contingent asset arrangements (including for PPF purposes), dealing with the Pensions Regulator and the Pension Protection Fund, and with member complaints at scheme and Pensions Ombudsman levels, advising on pension aspects of corporate transactions and on overseas traPension Protection Fund, and with member complaints at scheme and Pensions Ombudsman levels, advising on pension aspects of corporate transactions and on overseas trapension aspects of corporate transactions and on overseas transfers.
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