Sentences with phrase «pension system costs»

The study also identified costs in related areas in response to school district or charter school characteristics including: transportation of students, geographic isolation, state pension system costs and enrollment size.

Not exact matches

That extra money will be necessary to try to meet the ever - increasing costs of our healthcare and pension systems.»

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»).

The International Monetary Fund says Greece should do more to reduce the total cost of the pension system.

Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, increased competition; the Company's ability to maintain, extend and expand its reputation and brand image; the Company's ability to differentiate its products from other brands; the consolidation of retail customers; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's inability to realize the anticipated benefits from the Company's cost savings initiatives; changes in relationships with significant customers and suppliers; execution of the Company's international expansion strategy; changes in laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure to successfully integrate the Company; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the nations in which the Company operates; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives that the Company uses; exchange rate fluctuations; disruptions in information technology networks and systems; the Company's inability to protect intellectual property rights; impacts of natural events in the locations in which the Company or its customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's dividend payments on its Series A Preferred Stock; tax law changes or interpretations; pricing actions; and other factors.

Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, operating in a highly competitive industry; changes in the retail landscape or the loss of key retail customers; the Company's ability to maintain, extend and expand its reputation and brand image; the impacts of the Company's international operations; the Company's ability to leverage its brand value; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's ability to realize the anticipated benefits from its cost savings initiatives; changes in relationships with significant customers and suppliers; the execution of the Company's international expansion strategy; tax law changes or interpretations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the United States and in various other nations in which we operate; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives we use; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's ability to protect intellectual property rights; impacts of natural events in the locations in which we or the Company's customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's ownership structure; the impact of future sales of its common stock in the public markets; the Company's ability to continue to pay a regular dividend; changes in laws and regulations; restatements of the Company's consolidated financial statements; and other factors.

Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, increased competition; the Company's ability to maintain, extend and expand its reputation and brand image; the Company's ability to differentiate its products from other brands; the consolidation of retail customers; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's inability to realize the anticipated benefits from the Company's cost savings initiatives; changes in relationships with significant customers and suppliers; execution of the Company's international expansion strategy; changes in laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure to successfully integrate the business and operations of the Company in the expected time frame; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the nations in which the Company operates; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives that the Company uses; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's inability to protect intellectual property rights; impacts of natural events in the locations in which the Company or its customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; tax law changes or interpretations; and other factors.

Bailout inspectors resumed talks in Athens on Wednesday, pressing Athens for further cost - cutting reforms that include an overhaul of the country's pension system.

75, the federal government also introduced virtually all of the major policy innovations that make up Canada's system of social programs: Canada - wide Medicare, universal pensions, the modern unemployment insurance system, and cost - sharing with the provinces for higher education and welfare.

It could do it, for example, by selling its assets, by deregulating and liberalizing its economy to revive totally uncompetitive exports (Greece is the least competitive economy in the Eurozone), or by reforming its pension system, which costs 17.5 % of the GDP, while the average pension expenditures in the Eurozone amount to the 13.8 % of the GDP.

In the 1990s, Sweden reformed its pension system away from an expensive defined - benefit system to a defined - contribution system in order to contain costs amid concerns that the former system would be unsustainable as the population aged.

The New York City bill would have imposed roughly $ 400 million in new costs on city taxpayers in the next four years, adding billions in liabilities to an already under - funded pension system.

Doug Turetsky of the Independent Budget Office said the pension system is so complicated that the cost to recalibrate it isn't easy to forecast.

«The present public pension system is unsustainable,» said Levy, noting that Suffolk County faces a $ 50 million increase in pension costs next year.

Gov. Andrew Cuomo has pushed to reduce the cost of state's public pension system by successfully advocating for a new retirement level, Tier Six.

Despite rising costs, our pension system is not broken.

Mr. de Blasio — typically a staunch supporter of unions who has in the past enjoyed a fairly chummy relationship with the UFA after he protested firehouse closures as a councilman — has opposed reversing Mr. Paterson's veto, citing the potentially high costs of a bill sponsored in the State Senate and Assembly that would restore parity to the pension system.

Most important, we must reform the system that creates uncertainty in pension costs: the stock market.

But pension padding alone is big money: if just 5 percent of the workforce engaged in the practice, Mr. Cuomo estimates, it would cost the system $ 300 million extra over the next 20 years.

No pension system has been hit harder than the FDNY's, whose pension costs have bal looned to nearly $ 1 billion a year, due to the deaths of 343 firefighters on 9/11, Ground Zero - related illnesses, and heavy overtime that has spiked retirement pay.

A minimum step would be to implement a new tier (VI) of the current pension system model which reinstates the employee contribution of 3 percent, lengthens the number of years of service required to reach maximum benefit levels, and makes other changes to limit the cost of the benefits to be provided.

Newsday has assembled a database of pension costs that reveals what public agencies on Long Island pay into three state pension systems - the Employees» Retirement System, the Police and Fire Retirement System, and the Teachers» Retirement System.

Last, since pension costs are an expensive mandate for local governments, Governor Cuomo has created a new tier in the state pension system that would save local government's $ 79 billion over the next thirty years.

And then there is the cost of the state pension system on LOCAL PROPERTY TAXPAYERS.

The state Teachers Retirement System expects to lower pension costs by 13.96 percent for school districts, the second straight year of declines, as a result of favorable investment returns.

Four years after he supposedly fixed the New Jersey pension system, Gov. Chris Christie is still seeking a solution to the costs crushing state and local governments around the country.

«If in fact the comptroller, who is the fiduciary of the pension system, can see a way clear to do something on those costs — I know that is his intent is to reduce those contributions — and if he can come up with something good, I can support it.

The Times reported that the department for work and pensions (DWP) would be able to claim upfront a «large chunk» of the # 9bn annual savings which Mr Duncan Smith believes the new system will achieve through lower administration costs and reduced fraud.

Legislators in Colorado, Minnesota and South Dakota earlier this year voted to limit cost - of - living increases previously promised in their pension systems.

«As the governor has said since the beginning of his campaign, he is committed to reforming the pension system in order to reduce costs,» the spokesman, Josh Vlasto, said.

Negotiations with the public employee unions on contracts will have a dramatic impact on the budget as the county grapples with the rising cost of health insurance and rapidly escalating costs of paying into the public employee retirement and pension system.

«As the Governor has said since the beginning of his campaign, he is committed to reforming the pension system in order to reduce costs,» Vlasto said in an e-mail.

Pension costs for teachers and other professional school staffers are expected to rise about 10 percent in the 2018 - 19 school year for districts on Long Island and statewide after three years of reductions, according to estimates by the New York State Teachers» Retirement System.

Susan Lerner, executive director of Common Cause New York, a government watchdog, said the pension system was already under financial strain, so reining in the costs by thwarting abuses should be a priority in Albany.

So the group calls for relief from two very costly state mandates - a pension system whose costs have spiraled since the stock market crash, and a labor law that ties the hands of management when negotiating contracts.

Carpenter noted that her decision to take her pension frees the town of the cost of contributing to the retirement system — an amount that equals 18 percent of her supervisor salary.

The city budget — all figures are approx estimates — is 75 percent fixed costs salaries and benefits — Obamacare, worker's comp, state retirement, state police and firemen's, pension system.

Mr. Cohen said he believes pension costs should be removed from property taxes because school districts and local municipalities don't have a seat at the table in developing the state's pension system.

We will not see a retirement incentive plan, which would have saved $ 140 million this year and next year by attracting 1,800 takers, but would have added huge cost to the state's pension system in the coming years.

The Unsustainable Quo is a mandatory arbitration system that creates leap frogging of generous public safety contract awards between Nassau and Suffolk counties — to the point now where it costs us an average of two hundred thousand dollars per police officer between salary, benefits and pension costs.

New Jersey has seen its credit downgraded repeatedly by Fitch Ratings, Moody's Investors Service and S&P Global Ratings under Christie, mostly due to its deeply distressed $ 75 billion pension system and rapidly rising costs for health care.

And there is pressure to control the cost of the $ 147 billion pension system.

Second, when given the opportunity to opt out of the state pension system without incurring new costs, a majority of charter schools take advantage of the opportunity — though a sizable number decline to do so.

Accounting for the district and teacher payments, the net cost to the pension system was $ 80,352 per ERI retiree, or $ 642.8 million to the pension fund.

The net cost to the pension system was $ 80,352 per retiree, or $ 642.8 million to the pension system against net benefits of approximately $ 92.3.

Costrell says that about 22.6 percent goes for social security and pensions (the school system pays the employees share of social security costs!!)

In the area of teacher pension reform, however, it is important to recognize that school administrators reap the largest net benefits from the current system, which has rising costs and clear inefficiencies.

In a recent Education Next article, «Golden Handcuffs,» we talked about winners and losers in teacher pension systems, and about the huge costs these systems impose on mobile teachers due to the back - loading of benefits.

Rhode Island reduced its assumed return to 7.5 percent in 2010, which is more conservative than other states, but still likely to understate the costs of the traditional pension system given that promised benefits must be paid regardless of economic performance.

Koedel, Ni, Podgursky, and Xiang liken the costs associated with switching between pension systems to a tariff, «Rather than promoting free trade and labor mobility, the pension plans effectively are imposing a tariff on the import or export of human capital between» the separate pension systems.