Sentences with phrase «pension provision as»

The background to the changes, Sales J said, was the «growing cost of pension provision as life expectation increases... constraints upon the public finances in current circumstances and a desire on the part of the government to reduce the costs of redundancy through restructuring of government departments».

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.

In a story buried in the business section of the February 18th NY Times, it was reported that the spending budget passed by Congress included a provision that creates a 16 - member bipartisan congressional committee to craft legislation that would provide for the potential bailout of as many as 200 multi-employer» pension plans.

Indeed, many workplace pension schemes have a CPP - offset provision that would reduce the employer's pension costs as CPP premiums and benefits rise.

In recent years the clergy have found their place in the greater security of a welfare society, as shown by the provision of Pension Funds for the clergy (such as the efficient Church Pension Fund in America, organized in 1917) in lieu of earlier efforts to relieve their distressed widows and orphans.

Conference commits the National Executive to working with the TUC to challenge, using all appropriate means, including industrial action, any attempt by the Government, in response to and as a remedy for economic difficulties or recession, to worsen pension provisions for teachers or other public sector workers.

The majority leader observed that though the 1999 Constitution (as amended), made a provision for the review of pension every five years, it was silent on the review of wages.

The members of the state Legislature who pass such reforms would be conveniently exempt from the pension provision, as the state Constitution prohibits reduction of pension benefits for current beneficiaries.

Mr Cameron cited fiscal responsibility, welfare and pension reform, corporation tax cuts and government provisions to help with the rising cost - of - living as election pledges that were being fulfilled.

There hasn't been a lot of movement on ethics reform in Albany, as the legislative leaders remain at odds on key provisions like banning outside income and stripping pensions from convicted former public officials.

As promised, Gov. Andrew Cuomo announced today he was vetoing the last - minute pension borrowing plan for schools, a provision that slipped through the state Legislature in the final week of the extended session.

He argued that what the people needed was the provision of the basic necessities of life, youth employment, functional hospitals, well equipped schools, regular payment of workers, salaries, pensions and gratuities as well as an environment conducive for investors.

Prior to this provision, people on full pensions who were exempt from SS contributions (such as teachers in many places) were able to still collect those amounts (which were never earned through contributions) even though they had quite significant pensions; that led to subsidies being given to people that didn't have as much need for them, as opposed to the indigent people who did need them.

This pension - related reduction is known as the Windfall Elimination Provision (WEP).

whether the consumer credit transaction or other transaction is made under the provisions of the National Housing Act, or where the creditor is exempt from licensing under this chapter, (ii) where the credit transaction is not a consumer transaction, (iii) where the credit transaction is by a trust institution as defined in Section 5 - 12A - 1 (1), in its capacity as a fiduciary under any plan or agreement qualified under 26 USC 401 (a) or defined by 5 USC 8437, 26 USC 403 (b), or 26 USC 457, or a trust exempt under 26 USC 501, or (iv) to any municipal pension system created under the laws of the State of Alabama.

The Windfall Elimination Provision will possibly reduce your benefits from Social Security depending on how much money you receive as a pension from the TRS.

Similar to the dual entitlement provision discussed above, under the Government Pension Offset Provision, the amount of a person's Social Security benefit as a spouse or surviving spouse will be reduced by two - thirds of the amount of the Government pension (for example, a CSRS annuity) the person receives based on his / her own work that was not covered by Social provision discussed above, under the Government Pension Offset Provision, the amount of a person's Social Security benefit as a spouse or surviving spouse will be reduced by two - thirds of the amount of the Government pension (for example, a CSRS annuity) the person receives based on his / her own work that was not covered by Social SePension Offset Provision, the amount of a person's Social Security benefit as a spouse or surviving spouse will be reduced by two - thirds of the amount of the Government pension (for example, a CSRS annuity) the person receives based on his / her own work that was not covered by Social Provision, the amount of a person's Social Security benefit as a spouse or surviving spouse will be reduced by two - thirds of the amount of the Government pension (for example, a CSRS annuity) the person receives based on his / her own work that was not covered by Social Sepension (for example, a CSRS annuity) the person receives based on his / her own work that was not covered by Social Security.

«Such a scheme not only guarantees those service providers basic pay higher than they would have received were it not for that provision but also, as found by the referring court, enables contributions to be made to pension insurance corresponding to participation in the pension scheme for workers, thereby guaranteeing them the means necessary to be eligible in future for a certain level of pension.»

«Sferra allegedly choked and punched Masters and knocked him to the floor of a hotel conference room as the two sides argued over pension provisions.

In situations outside a formal bankruptcy proceeding, this could result in different treatment of pension benefits in different provinces depending on the wording of the provincial legislation, so long as it is not inconsistent with the interim financing provisions in the CCAA.

While the BIA provision clearly lays out the treatment of deemed trusts in favour of the Crown, issues can arise with deemed trusts that arise in favour of parties other than the Crown, such as those arising under pension legislation.

Statutory provision to enable the Court to make orders against pensions, known in England and Wales as pension earmarking and pension sharing orders.

27 The recommendations of the Commission under paragraph 13, except those related to pensions, shall come into effect on the first day of April in the year following the year the Commission began its inquiry, except in the case of salary recommendations which shall come into effect on the first of April in the year in which the Commission began its inquiry and shall have the same force and effect as if enacted by the Legislature and are in substitution for the provisions of any schedule made pursuant to this Agreement and shall be implemented by the Lieutenant Governor in Council by order - in - council within sixty days of the delivery of the Commission's report pursuant to paragraph 15.

(2) If judges as a whole are workers who have an employment contract or employment relationship within the meaning of clause 2.1 of the PTWD, is it permissible for national law to discriminate (a) between full - time and part - time judges, or (b) between different kinds of part - time judges in the provision of pensions?

That provision also states that Member States are to evaluate those resources by reference to their nature and regularity and may take into account the level of minimum national wages and pensions as well as the number of family members (Chakroun, paragraph 42).

Instead of dividing the military pension with an order complying with the Qualified Domestic Relations Order provisions, the husband agreed in an atypical Property Settlement Agreement to pay to wife one - half of of his monthly military pension as spousal support or alimony, without a separate court order or any election of survivor benefits.

Incorporate many of the rules contained in the federal pooled pension legislation concerning the registration and administration of pooled pension plans, which would apply as if they were enacted as part of this statute (the provisions that would not apply are listed in the Schedule)

The Supreme Court noted that the reading of the words «active» and «contributing» into the Regulation could not be supported by s10 (4) as there is specific provision for pension rights at s10 (5) of the 1985 Act — Parliament again chose to deal with pension rights differently to other matrimonial property and so the reliance on s10 (4) here falls.

Ask your actuary whether the liabilities of your pension plan will increase as a result of any provisions that relate to the CPP.

Under the pension scheme, there is a provision of part withdrawal of pension, commonly known as commutation of pension money

The provisions of the Pension Protection Act (PPA) of 2006 provide new tax benefits for what are often referred to as long - term care combination plans.

Being in private jobs, we don't have the provision of getting pension as well.

RDS Driving Services Limited is registered as a training provider on the Low Value Provision (LVP) Welfare to Work Training database, which is operated by the Department for Work and Pensions (DWP).

The legislative provisions relating to Widow's, Widower's or Surviving Civil Partner's Contributory Pension are contained in Chapter 18 of Part 2 of the Social Welfare (Consolidation) Act, 2005 as amended, and in Chapter 10 of Part II of the Social Welfare (Consolidated Claims, Payments and Control) Regulations, 2007, (Statutory Instrument 142 of 2007), as amended.

However, identical bills were introduced in the 114th Congress in both the House and Senate that would limit the use of the like - kind exchange deferral as a way of partially offsetting the cost of provisions that would shore up multiemployer pension plans.

You can certainly self direct your HSA as well, but many employer contributing plans administrators do not allow roll - overs so that is something you would have to find out (similar to 401k» plans) There are also self administered 401k plans which are even more beneficial than a SDI as well as your ability to create and operate your own pension plan with employer (your own company) contributing and the amounts of funds which can be contributed each year far exceed the SDI which is limited to $ 5k annually for single people, 10k annually for married couples filing jointly and $ 12k annually for married couples with the «catch up» provision.