The above sample
pension rates for LIC Varishtha Pension Bima Yojana can be further elaborated for larger premium amounts.
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.
If they've saved up a large nest egg, or are still bringing in income — either through a job or
pension — they could be forced to pay the top marginal tax
rate (46 % in Ontario,
for example).
I've made a score - card here.The chart shows the public
pension replacement
rate for the status quo CPP plus five different reform proposals.
But people are being encouraged to save
for retirement and save as well outside of their
pensions and RRSPs, so I don't think it would make sense to change the
rates.»
In 2006, Congress passed the
Pension Protection Act, which helped raise participation
rates by clarifying language on default opt - ins
for employees.
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.
Hickey contends the markets were ripe
for a sell - off, which was sparked by converging factors including worries that rising wages will spur higher interest
rates,
pension fund re-balancing and short volatility ETFs blowing up.
Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) the Company's credit
ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange
rates and fluctuations in those
rates; (5) the timing and market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's funding obligations under defined benefit
pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10 - K
for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).
Another assumption that public
pension funds are making in setting lower investment target
rates is that inflation will remain low
for some time.
Pension funds are going to be investing in a generally low interest
rate environment
for a while,» she said.
Retirees are facing problems very similar to the average
pension fund: In addition to not having enough cash contributions to keep up with the costs of aging, their returns have been hurt by interest
rates that have been too low
for too long.
He promised that people who had contributed to
pension funds
for 35 years or more would receive a
pension at least 10 percent above the base
rate.
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 the 23rd Actuarial Report on the Canada
Pension Plan (OCA, 2007), the Office of the Chief Actuary (OCA) certified that, in spite of the substantial increase in CPP benefit payments that would result from the retirement of the baby boom generation, the current legislated contribution
rate of 9.9 per cent
for employers and employees combined would be more than enough to pay
for benefits through 2075.
Better yet, look
for management with shady reputations and who constantly tweak the
rate of depreciation or
pension plan assumptions to manage reported results.
These benefits would (i) largely go to developers and contractors
for infrastructure projects like new pipelines that would happen even without new incentives and so be highly regressive; (ii) raise costs by failing to reach the tax - free
pension funds, sovereign wealth funds and international investors who are the most plausible sources of incremental infrastructure finance; (iii) not encourage at all the highest return maintenance projects like fixing potholes that do not yield a pecuniary return
for investors; and (iv) by offering credits at an unprecedented 82 percent
rate, invite all kinds of tax shelter abuse.
The Institute's rationale
for increasing the overall contribution
rate from 20 per cent of pay to 24 per cent is their claim that the use of «fair - value» calculations reveals that the
pension liabilities are much higher than reported, due to the use of a too high discount
rate.
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.
Past achievements include building the case
for deficit reduction in the 1980s and early 1990s,
for consolidation of the Canada and Quebec
Pension Plans in the late 1990s, a series of shadow federal budgets and fiscal accountability reports in that began in the 2000s, and work on marginal effective tax
rates on personal incomes and business investment, which has laid the foundation
for such key changes as sales tax reform, elimination of capital taxes, and corporate income tax
rate reductions.
Most managers running retail and
pension money have no idea what a triple - hook
rating means
for any company with massive cash flow deficits operating in a financial environment in which the Fed is not printing trillions of dollars that can be recycled into bad ideas.
These benefits would (i) largely go to developers and contractors
for infrastructure projects like new pipelines that would happen even without new incentives and so be highly regressive; (ii) raise costs by failing to reach the tax - free
pension funds, sovereign wealth funds and international investors that are the most plausible sources of incremental infrastructure finance; (iii) not encourage at all the highest return maintenance projects like fixing potholes that do not yield a pecuniary return
for investors; and (iv) by offering credits at an unprecedented 82 per cent
rate, invite all kinds of tax - shelter abuse.
The idea is
for Wall Street to sell all these bad debts to
pension funds and say you'll make a high
rate of return, and then you'll be left holding the bag when it all collapses.
2015.04.30 RBC Investor & Treasury Services Quarterly Survey: Global equities drive
pension returns in Q1 During a quarter that featured falling oil prices, a Bank of Canada
rate cut and uneven global economic data, Canadian
pension plans generated positive returns
for the seventh consecutive quarter...
During a quarter that featured falling oil prices, a Bank of Canada
rate cut and uneven global economic data, Canadian
pension plans generated positive returns
for the seventh consecutive quarter...
At year - end 2013, we estimate
pension funding levels
for our 50 largest
rated US corporate issuers increased by 19 percentage points to 94 % of
pension obligations, compared with a year earlier.
Borrowing
rates will rise
for governments, home buyers and other long - term borrowers, while savers will see more returns on conservative holdings such as savings accounts and it should become easier to fund
pension savings.
Rising
rates and a banner year
for stocks could lift earnings at some large companies that have made an arcane but significant change to the way their
pension plans are valued.
The
pension industry really needs to sort out better arrangements
for fixed
rate cash deposits within
pensions.
Rising interest
rates and a banner year
for stocks could lift reported earnings at some large companies that have made an arcane but significant change to the way their
pension plans are valued.
Other direct program spending, consisting of operating expenses
for Crown corporation, defence and all other departments and agencies, increased $ 2.3 billion (4.2 %), primarily reflecting increases in federal government employee
pension and other future benefit liabilities, reflecting the impact of lower interest
rates.
All other department and agency expenses increased by $ 1.6 billion (3.2 %), largely reflecting an increase in actuarial liabilities
for claims and employees»
pension and other future benefit costs, the latter reflecting the impact of low interest
rates on plan assets.
We've already seen the Harper government chipping away at our members»
pensions, raising the eligibility age
for young workers and increasing the contribution
rate.
For specific company examples, see my articles on Eastman Kodak's (EK — dangerous
rating)
pension accounting manipulation and Citigroup's (C — dangerous
rating) overstated deferred tax assets.
Here's what's going on: zero interest
rate policy around the world has made it really hard
for savers (retirees,
pension funds, etc.) to earn any income at all.
I should think I'll be able to withdraw at a higher
rate than 3 or 4 %
for the first 12 years because after that our State
Pensions will turn up, provide a fair whack of our income and take a load off our capital.
«Britain's generous defined benefit
pensions have plumbed further depths during August, reaching another record - breaking deficit of # 459.4 bn as the scramble
for bond assets and the interest
rate cut sent their liabilities soaring -LSB-...]
The person who has spent the past 30 or 40 years carefully building his / her slow and steady
pension pot will have a good sense of risk tolerance and is unlikely to adopt a gung - ho strategy by starting with a 6 % withdrawal
rate for the coming 30 or 40 years of retirement.
In Rhode Island,
for instance, the state treasurer lowered her
pension rate of return from 8.25 % to 7.5 %.
The
pension board left its Morgan Stanley (MS) broker
for a local one in part due to Morgan Stanley's reliance on Morningstar
ratings.
The mantra has been that
pension funds starved
for guaranteed
rate of return would be a natural buyer.
For 2011 and 2012, that meant losses, largely because interest
rates were falling — that increased the current value of
pension obligations, which affected the plans» expenses.
As I write in a recent paper, «Brave New World: Investing
for Longer Retirements,» this rule is likely to prove less effective in today's environment of longer lives, fewer traditional
pensions and low interest
rates, where many people haven't saved enough to finance a multi-decade retirement.
In a blog post
for the think - tank's website, McMahon takes issue with AFL / CIO President Denis Hughes» statement that with the high
rate of return on the state employee
pension fund during the last fiscal year, the need
for an overhaul of the system (i.e. less generous benefits, is unnecessary).
We are challenging the Secretary of State
for Work and
Pensions» decision to change the basis on which certain public sector pension benefits, including teachers» pensions, are up - rated from the Retail Prices Index (RPI) to the Consumer Prices Inde
Pensions» decision to change the basis on which certain public sector
pension benefits, including teachers»
pensions, are up - rated from the Retail Prices Index (RPI) to the Consumer Prices Inde
pensions, are up -
rated from the Retail Prices Index (RPI) to the Consumer Prices Index (CPI).
The party plans to make up the money by restricting tax relief on
pension contributions to the basic
rate, taxing capital gains at marginal income tax
rates, allowing
for indexation and retirement relief, tackling stamp duty land tax avoidance and corporation tax avoidance and by subjecting benefits in kind to national insurance contributions as well as income tax and applying national insurance to multiple jobs.
We find that public
pensions are vital to ensuring a decent standard of living
for black retirees: the poverty
rate among black retirees without public
pensions is nearly 20 percent higher than the poverty
rate among black retirees with public
pensions — almost double the difference in poverty
rates between all retirees with and without public
pensions.
Whatever happened,
for example, to the mansion tax on properties worth more than # 2m or restricting tax relief on
pensions to the basic
rate of income tax - both commitments included in the Liberal Democrat manifesto?
The stable
pension contribution
rate for local governments and schools, submitted as part of the Executive Budget, will provide a new tool
for local governments to access the long - term savings from Tier VI and have greater predictability in their fiscal planning.
Public
pensions make an even greater difference in the poverty
rates for retired women.