Sentences with phrase «pension requirements for»

The trustee does not meet the minimum pension requirements for the year ending 30 June due to a transposition error which resulted in a small underpayment

Developing expertise with QDROs is a natural lead - in to the broader service area of divorce taxation for CPAs because of their familiarity with pension requirements for both financial reporting and taxation.

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.

These risks and uncertainties include competition and other economic conditions including fragmentation of the media landscape and competition from other media alternatives; changes in advertising demand, circulation levels and audience shares; the Company's ability to develop and grow its online businesses; the Company's reliance on revenue from printing and distributing third - party publications; changes in newsprint prices; macroeconomic trends and conditions; the Company's ability to adapt to technological changes; the Company's ability to realize benefits or synergies from acquisitions or divestitures or to operate its businesses effectively following acquisitions or divestitures; the Company's success in implementing expense mitigation efforts; the Company's reliance on third - party vendors for various services; adverse results from litigation, governmental investigations or tax - related proceedings or audits; the Company's ability to attract and retain employees; the Company's ability to satisfy pension and other postretirement employee benefit obligations; changes in accounting standards; the effect of labor strikes, lockouts and labor negotiations; regulatory and judicial rulings; the Company's indebtedness and ability to comply with debt covenants applicable to its debt facilities; the Company's ability to satisfy future capital and liquidity requirements; the Company's ability to access the credit and capital markets at the times and in the amounts needed and on acceptable terms; and other events beyond the Company's control that may result in unexpected adverse operating results.

With far fewer requirements than alternative pension arrangements, a SEP IRA could be the best move for your business.

Before the establishment of survivors» benefits, needy widowed mothers with children had to rely on state - run Mother's Pension programs.56 These programs scrutinized beneficiaries closely and were often administered to deny aid to women of color or women with objectionable morals or lifestyles.57 In contrast to discretionary (and often discriminatory) mother's pensions, survivors» benefits uniformly extended coverage to widows of insured workers who were caring for a child under the age of 18.58 There was no requirement of economic need.

· Allowing counties an option to modify how they fund state mandated pension contributions · Providing counties more audit authority in the special education preschool program · Improving government efficiency and streamlining state and local legislative operations by removing the need for counties to pursue home rule legislative requests every two years with the state legislature in order to extend current local sales tax authority · Reducing administrative and reporting requirements for counties under Article 6 public health programs · Reforming the Workers Compensation system · Renewing Binding Arbitration, which is scheduled to sunset in June 2013, with a new definition of «ability to pay» for municipalities under fiscal distress, making it subject to the property tax cap (does not apply to NYC) where «ability to pay» will be defined as no more than 2 percent growth in the contract.

But he also acknowledged more could have and should have been done amid criticism the final weeks of the session that produced limits to super PAC coordination, first passage of a constitutional amendment for stripping corrupt officials of their pensions and new disclosure requirements for political consultants was not enough.

However, work and pensions secretary John Hutton said he wanted to encourage more couples to settle their own affairs, and from 2008 will remove the requirement for all parents claiming benefits to use the government service.

Thursday night, word began circulating of a «framework» agreement reached between the so - called «three men in a room» — Gov. Andrew Cuomo, Assembly Speaker Carl Heastie and Senate Majority Leader John Flanagan — that would satisfy at least the minimum requirements for both: The Democratic - dominated Assembly would agree to the first passage of legislation paving the way for a constitutional amendment that would allow for the stripping of public pensions from elected officials and other top officials convicted of public corruption, and the Republican - led Senate would approve a one - year extension of mayoral control of New York City's schools.

Offering some alternatives Cuomo might pursue, Steinberg called for mandate relief, a cap on district pension contributions and rolling back state special education requirements that go beyond federal requirements.

We need real ethics reforms: eliminating pension benefits for convicted corrupt officials, a ban on personal use of campaign funds, a full - time legislature with sharp limits on conflicts of interest, and full - disclosure requirements for personal finances.

Reducing pension payments merely increases poverty among the elderly, exacerbating ill health, which places additional requirements for social care and expenditure on the state.

Frank Field is one of these people who lots of people say is great until he is actually given any power, he manages both to agitate Labour MPs favourable towards welfare by coming out with solutions to time limit benefits and add workfare requirements, equally he is constantly saying that JSA rates are far too low as well as demanding pensions at high rates for all, Tony Blair and Gordon Brown both came to the conclusion that his proposals on the State Pension would have been hugely expensive - his pension plans could not all be funded by savings on the unemployed and would probably lead to a huge swelling in the welfare Pension would have been hugely expensive - his pension plans could not all be funded by savings on the unemployed and would probably lead to a huge swelling in the welfare pension plans could not all be funded by savings on the unemployed and would probably lead to a huge swelling in the welfare budget.

In order to qualify for a pension, teachers must meet certain service or vesting requirements.

Service requirements, known as «vesting» rules, require teachers to stay a certain number of years in the classroom in order to qualify for a pension.

Most state pension plans for teachers have either a 5 - or 10 - year vesting requirement.

High mobility rates and a 10 - year service requirement for teachers to qualify ensure that less than half of Michigan's new teachers will remain long enough to earn a pension

First, there's a «vesting» requirement, the period of time the employee must work before they qualify for even a minimal pension benefit.

Conceptually, a teacher facing a 10 - year vesting requirement likely does not say to herself, in her 3rd year of teaching, «well, I don't like teaching here very much, but if I just stick this out for seven more years, at least I'll qualify for a minimal pension!»

States have not paid for pension costs on an honest accounting basis, and they have accrued billions of dollars in pension debt that avoids so - called «balanced budget» requirements.

In order to cut costs and recover from the recent recession, New York City recently lengthened the vesting requirement, the time period employees need to stay in order to qualify for even a minimum pension, from five years to ten.

Tier 2 offers worse benefits for new teachers: it has a higher minimum service requirement (up from five to 10 years, making it more difficult for new teachers to qualify for a minimum benefit), a higher normal retirement age (meaning teachers have fewer years to collect pension payments over a lifetime), a less generous pension formula (calculating the final average salary from the last eight years of service instead of just four), and a lower COLA.

In 2010, faced with the one of the largest pension deficits in the country, Illinois created a new, less generous pension plan for new teachers that lengthened the vesting requirement from five years to ten.

If they meet the minimum vesting requirement, they're eligible for a pension.

As discussed in Bellwether's recent paper, 24 states and the District of Columbia have a vesting requirement of five years and another 17 states require a teacher to stay 10 years before qualifying for a pension.

In order to be eligible for a pension, teachers must meet a minimum number of employment years or a «vesting» requirement before they receive rights to a pension.

Even the union's chief lobbyist, Ginger Gold Schnitzer, said the challenges couldn't be steeper for the 190,000 - member union, with rollbacks in teacher pensions and benefits, and new requirements for teacher tenure and evaluation.

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.

Put in relation to the state pension's 10 year service requirement, a teacher could work for up to nine years and then leave the system before qualifying for a pension.

According to Chicago Teacher Pension Fund (CTPF) plan assumptions, over half (57 percent) of new Chicago teachers will leave before the 10 - year service requirement, meaning less than half of new teachers will qualify for a pension benefit Pension Fund (CTPF) plan assumptions, over half (57 percent) of new Chicago teachers will leave before the 10 - year service requirement, meaning less than half of new teachers will qualify for a pension benefit pension benefit at all.

New York City Mayor Michael Bloomberg has proposed new pension rules that would require workers to work at least 10 years, double the current requirement, to qualify for a pension.

These numbers are rising and moving to the right of the graph; during the recent recession, 12 states made it more difficult for teachers to qualify for a pension by raising their vesting requirement.

Over the years, states have increased their vesting requirements, making it more difficult for teachers to earn pension benefits.

To qualify for a pension today, a teacher must teach a minimum number of years to meet what is called a «vesting requirement.»

This table can be used to determine whether Alabama believes its 10 - year vesting requirement to qualify for a pension is shaping teacher behavior.

President Obama has signed a law that relaxes funding requirements for employers maintaining defined benefit pension plans.

Note: From 1 July 2017 partial commutation payments are treated as super lump sums for tax purposes and do not count towards minimum annual pension payment requirements.

There is no requirement for how you fund the Personal Pension, but the more you put in, the more income you'll get in retirement.

An individual is eligible for a simplified employee pension individual retirement account (SEP IRA) if his or her employer offers such a plan, and if the individual meets certain requirements.

The annuities law also gradually raised the minimum requirement for an early retirement pension to encourage workers to save more for retirement.

Given the softness of funding requirements for pension liabilities, the easy road for corporations and municipalities has been to skimp on funding pensions, leaving a bigger problem for others to solve 10 + years later.

previously, either through self - assessment or at the Commissioner's discretion, applied the exception for not meeting the minimum pension payment requirements.

No, for a trustee to meet the minimum pension payment standards they must meet the payment requirements both in form and effect.

A trustee will need to write in and outline why they did not meet the minimum pension payment requirements for us to consider their entitlement to the exception, where either — they have:

Once an account - based pension commences, there is an ongoing requirement for you, as trustee of a complying superannuation fund, to ensure the pension standards in the super laws are satisfied.

If a fund fails to meet the minimum pension payment requirements in an income year, the super income stream will be taken to have ceased at the start of that income year for income tax purposes.

Where an SMSF is paying more than one pension to one or more members, the minimum pension payment requirements must be satisfied for each pension.

More seriously, it enforces compliance with statutory «moral hazard» requirements that can operate to impose joint and several group - wide liability for pension scheme underfunding — without any question of fault or bad faith arising.

The question to be referred is whether the Directive precluded the imposition in national law of a requirement that a person must also be unmarried in order to qualify for a state pension, where a gender change occurred.