Sentences with phrase «pension provision for»

It requires employers to pay towards pension provision for all their employees at a minimum level.

And the fight for decent pension provision for everyone is not yet over.

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.

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.

The criteria for judging replacement rates typically incorporate a recognition that the pre-retirement period includes expenses associated with making provision for retirement (e.g. pension contributions, individual retirement savings, and so on) and certain work related expenses that will end with retirement.

In addition, there was provision for future agreements with other countries regarding reciprocal pension arrangements.

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.

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.

After all, there are all sorts of unfair tax rules and abuses, including large corporations shifting income overseas to avoid Canadian taxes, the ability to deduct and split the fat pensions of government employees and even the ability for some to set up fake private companies to benefit from small business tax provisions.

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.

Away from the City's boardrooms and the secure confines of Westminster, many individuals and companies are struggling to reconcile the need for adequate pension provision with the challenge of running a sound business.

Lawmakers are also considering an extension of a tax break for lower Manhattan real - estate that is favored by the Real Estate Board of New York and a provision to bolster New York City police and firefighter pensions.

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.

Tedisco said the Majority's plan does not contain provisions for pension forfeiture for convicted felon elected officials who betray their oath of office, term limits for leaders, truth in spending to bring sunlight to state spending in the shadows to end quid pro-quos, or giving rank and file members the ability to bring legislation to the Floor for a vote and diminish the unbridled power that's been given to legislative leaders.

Conference asserts that public sector pensions are a significant element of the remuneration package for five million public service workers and are, therefore, a substantial part of pension provision in the UK.

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.

For amidst all this private pension gloom, the taxpayers» bill for public sector pension provision seems to grow exponentialFor amidst all this private pension gloom, the taxpayers» bill for public sector pension provision seems to grow exponentialfor public sector pension provision seems to grow exponentially.

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.

«Similarly, the Kano State Pension Rights of Governor and Deputy Governor Law 2007 provides for 100 percent of annual basic salaries for former governor and deputy; furnished and equipped office; a 6 - bedroom house; well - furnished 4 - bedroom for deputy, plus an office; free medical treatment along with immediate families within and outside Nigeria where necessary; two drivers; and a provision for a 30 - day vacation within and outside Nigeria.»

Key issues ASUU demands the federal government to address includes: Non Payment of Salaries; Non Payment of Earned Academic Allowances; Non release of operational License of NUPEMCO; Non Implementation of the provisions of the 2014 Pension Reform Act with respect to Retired Professors; Removal of the University Staff School from government funding; funds for the revitalization of Public Universities amongst others.

Gov. Andrew Cuomo is now backing this measure, which would exclude pension costs above 2 percent and allows for a 1.5 percent «carryover» provision.

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.

«The Minister has just said that the Government proposals would provide greater security for postal workers» pensions, but can he confirm that clause 19 (6)(b) of the Postal Services Bill provides that this or a future Government could waive the pension guarantee and vary the terms of the postal workers» pensions without the approval of the trustees, who will lose their power to protect the pensions under the provisions of the Bill?

In additional to the pension provisions, the governor said he would work to advance constitutional amendments to limit outside income, impose term limits for elected officials and advance legislation that would close the so - called «LLC loophole» that allows LLCs to give large sums of money to political campaigns.

Indeed, he said he had agreed with top lawmakers to come back to Albany for a narrow deal to only extend mayoral control, which was to expire Friday, and to adopt of a New York City first - responder pension provision.

«In Akwa Ibom, state law provides for N200m annual pay to ex-governors, deputies; pension for life at a rate equivalent to the salary of the incumbent governor / deputy governor respectively; a new official car and utility - vehicle every four years; one personal aide and provision of adequate security; a cook, chauffeurs and security guards for the governor at a sum not exceeding N5m per month and N2.5 m for the deputy governor.

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.

«There are those who contest that the UK has historically set far too much store by home - ownership and that we should be unconcerned that the average age of the first - time buyer is approaching forty but taken together, this trend, the spread of means - tested benefits, the regime for long term care, the damage done to private pension provision by one of Gordon Brown's earliest misjudgements, compounded by the current squeeze on household finances which has seen over a million people forced to abandon contributions to their pension funds, all amount to a massive turn away from a culture of property ownership with the responsibility and independence that goes with it.»

A pensioner in my constituency on modest savings who has lived responsibly and within her means all her life has to face an annual increase in her council tax, which is often due to the need for the local council and local police to make an ever greater provision for their future pension entitlements.

The cost of living is about four times lower than in Europe, although some financial issues, like the prohibitive cost of international schools and provisions for a suitable pension, can be difficult for foreign researchers working long - term in China.

«Military families serve our country in so many ways, so I'm proud that our education bill to fix No Child Left Behind takes important steps to better serve military - connected kids,» said Sen. Patty Murray, D - Wash., ranking member of the Senate Health, Education, Labor and Pensions Committee, and a driving force behind the provision for the military student identifier.

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 Pensions Act 2014 legislated for a new single - tier state pension system from 6 April 2016 and contains provisions for regular reviews of the state pension age.

The eight Republican members who attended the Senate Health, Education, Labor and Pensions Committee hearing chastised King, saying he'd failed to follow numerous provisions, including mandates to reduce the size of the Department of Education, allow states to set rules for measuring performance and avoid complex reporting requirements for academic achievement.

The state's Legislative Fiscal Bureau projected that the pension provision alone would save schools more than half a billion dollars in its first two years, freeing up money for classrooms and instruction.

I felt that there was far less of a provision for adverse deviation in pensions than in life insurance reserving.

The effect of the exempt current pension income provisions is preserved for the entire value of superannuation income stream interests until:

The exempt proportion under this provision for an income year is the: average value of a fund's current pension liabilities for the year, divided by the average value of its superannuation liabilities for the year.

Both of these provisions are intended to adjust for a perceived unfair advantage when Social Security benefit formulas are applied to those who also earned pensions in noncovered employment.

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.

Both firms have free online versions for students or those with simple returns, but don't miss transferring unused credits or optimizing provisions like pension income splitting between family members.

The Windfall Elimination Provision primarily affects you if you earned a pension in any job where you did not pay Social Security taxes and you also worked in other jobs long enough to qualify for a Social Security retirement or disability benefit.

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.

These estimates do not reflect any reduction for the Government Pension Offset or the Windfall Elimination Provision (WEP).

The Windfall Elimination Provision affects workers who reach age 62 or become disabled after 1985 and are first eligible after 1985 for a Federal pension.

The ancillary relief proceedings were eventually compromised and the consent order was made on 11 February 2007, whereby W accepted the provision in full and final settlement of all her claims for lump sum, property adjustment and pension sharing.

They were seeking to remove an archaic provision in the Armed Forces Pension Scheme 75 rules which stopped the continued payment of armed forces» widow's pensions for those who chose to co-habit or remarry.

«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.»

There are no perks, pension contributions, health care provision, paid holidays or payment for down - time, to name a few of the omissions.

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.