Sentences with phrase «pension provision in»

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.

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 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 planIn 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 planin 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.

In 2006, the Pension Protection Act made the retirement savings provisions of EGTRRA permanent and In 2010, the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act extended the Bush tax cuts through 2012 (along with several new tax cuts created by the American Recovery and Reinvestment Tax Act of 2009).

On Aug. 16, three U.S. public pension funds sued six major investment banks alleging collusion in the provision of stock lending services.

If you receive a pension or retirement benefit from work in another country, it may have an effect on your Social Security benefits under the Windfall Elimination Provision.

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 orphanIn 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 orphanin 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 orphanin America, organized in 1917) in lieu of earlier efforts to relieve their distressed widows and orphanin 1917) in lieu of earlier efforts to relieve their distressed widows and orphanin lieu of earlier efforts to relieve their distressed widows and orphans.

Instead, the employees will keep their pension plan, and have won significant wage increases, improvements in health and other benefits, and additional rights and protections including new anti-discrimination provisions and the installation of a «panic button» system which will protect the safety of employees from harassment and assault.

In 2011, the Government announced planned changes to the TPS following a fundamental review of public service pension provision by the independent Public Service Pensions Commission chaired by Lord Hutton.

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 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.

In effect, it was four years of not rocking the boat after his appointment by fellow legislators, his primary qualification having been being well - liked among some of the very people such a pension - stripping provision could most affect.

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.

The TUC warned that attacks on public sector pensions by opposition leaders and employers» groups in recent months threatened to undermine what was left of «decent» retirement provision in Britain in favour of a «race to the bottom».

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.

· Increase of the Retirement Age: The pension reform law includes an increase in the retirement age from 62 to 63 and includes provisions allowing early retirement with penalties.

«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.

And while there was an agreement that lawmakers who are convicted of felonies could lose their pensions, that provision only includes those who weren't in the pension system prior to passage of the law.

If passed, the measure would dramatically expand on a pension forfeiture provision of a 2011 ethics reform package that only applied to public officials not already in the state pension system at the time — that is to say, no sitting lawmakers.

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.

The provision will allow Pawtucket, which will lose $ 5 million in aid, to save $ 2.9 million in pension payments, while Woonsocket will lose $ 2.8 million and save $ 1.9 million.

i've done ten surveys on the impact of the recession, and looking at and modifying the provision of benefits (pension or health) is something that came on the radar in the last two or so iterations of the surveys.

In other words, these provisions are ad hoc fixes to enhanced pension spikes.

Not surprisingly, all of these teacher pension systems have provisions that allow educators to continue to teach and collect their pension in certain circumstances (a practice called «double dipping»).

«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.

In the article Governor Malloy finally addresses the special provision allowing Steven Adamowski to add to his pension even though he failed to meet the most basic requirements.

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.

Retired actuary and pension expert Malcolm Hamilton says most Defined Benefit pensions are in the public sector and have automatic survivor provisions with no reduction in the member's pension.

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

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.

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.

(e) This section is intended to confirm and clarify existing law that none of the provisions of this chapter, other than the provisions of subdivision (1) of Section 5 -19-1 and Section 5 -19-3, apply to any transaction that is not a consumer transaction, or, where provided in subsection (a) to any transaction involving an interest in real property, whether or not a consumer transaction, to any transaction of a trust institution described in subsection (a), or to any municipal pension system created under the laws of the State of Alabama described in subsection (a).

If you change jobs, whether voluntarily or not, there's not likely to be the kind of pension portability provisions that may be available in the public sector.

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.

No, here you can book no suite in Berlin's Waldorf Astoria and the friendly ladies behind the desks won't speak to you about your pension provisions.

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.

Horton v Henry: The Court of Appeal confirms that pensions not yet in payment will enjoy protection from the provisions of section 310 of the Insolvency Act.

«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.»

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 CCAIn 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 CCAin 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 CCAin different provinces depending on the wording of the provincial legislation, so long as it is not inconsistent with the interim financing provisions in the CCAin 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.

The provisions around contractual notice are most likely to be relevant in relation to the provision of benefits (e.g. pension entitlement) and bonus entitlement.

In Sargeant the EAT confirmed the ET's finding that the transitional provisions implemented in respect of the firefighters pension scheme were pursuant to a legitimate aiIn Sargeant the EAT confirmed the ET's finding that the transitional provisions implemented in respect of the firefighters pension scheme were pursuant to a legitimate aiin respect of the firefighters pension scheme were pursuant to a legitimate aim.

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

A short note on a case of yesterday: In Commission v. Germany (judgment only available in German and French so far), the Commission had argued that the free movement of capital was hindered by provisions of German tax law according to which non-resident pensions funds could not deduct directly connected operating costs from dividends and interests generated in GermanIn Commission v. Germany (judgment only available in German and French so far), the Commission had argued that the free movement of capital was hindered by provisions of German tax law according to which non-resident pensions funds could not deduct directly connected operating costs from dividends and interests generated in Germanin German and French so far), the Commission had argued that the free movement of capital was hindered by provisions of German tax law according to which non-resident pensions funds could not deduct directly connected operating costs from dividends and interests generated in Germanin Germany.