The government has a lot of work to do in simplifying Canada's
pension system including harmonizing the retirement age across the OAS, CPP and occupational pension programs not to mention ensuring that those who will rely on GIS income in retirement won't pay a hefty penalty for participating in the forthcoming Pooled Registered Pension Plans (PRPPs).
Not exact matches
Over the past few years, public
pensions including California Public Employee's Retirement
System (CalPERs) and California State Teacher's Retirement
System (Calstrs)-- the largest in the country by assets — have posting mediocre returns due to low interest rates and growing retirement obligations.
Blackstone Capital Partners VI attracted some of the world's largest private - equity investors,
including the California Public Employees» Retirement
System and the Canada
Pension Plan Investment Board, according to disclosures by the pension
Pension Plan Investment Board, according to disclosures by the
pensionpension funds.
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»).
Given Osiris's strong five - year record of growth and profitability, Bowers was able to help make Miller's wishes come true: he structured a deal that raised $ 13 million from a large local
pension fund — the Pennsylvania Public School Employees Retirement System (see «What Pension Funds Want,» [Article link]-RRB--- by selling a package of subordinated debt and convertible preferred stock, which included a fixed interest rate and dividend
pension fund — the Pennsylvania Public School Employees Retirement
System (see «What
Pension Funds Want,» [Article link]-RRB--- by selling a package of subordinated debt and convertible preferred stock, which included a fixed interest rate and dividend
Pension Funds Want,» [Article link]-RRB--- by selling a package of subordinated debt and convertible preferred stock, which
included a fixed interest rate and dividend yield.
The
system could be expanded to
include taxpayers with income from dividends, interest,
pensions, individual retirement account distributions, and unemployment insurance benefits, as well as low - income earners qualifying for the earned income tax credit (EITC).
Controversial reforms Greece promised to pass into law by Wednesday
include reforming the VAT
system, overhauling
pensions and signing up to plans that ensure immediate spending cuts in the event of breaching creditor - mandated budget targets.
Anne Sheehan is the Director of Corporate Governance for the California State Teachers» Retirement
System (CalSTRS), the largest teacher's public
pension fund in the USA, where she is responsible for overseeing all corporate governance activities for the fund
including proxy voting, company engagements and managing $ 4 billion placed with activists managers and sustainability managers.
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.
Dallas Police and Fire
Pension System investment manager Ryan Wagner tells Agri Investor that an ongoing review at the $ 2.1 bn pension includes examination of fund structures most appropriate for an agricultural investor of it
Pension System investment manager Ryan Wagner tells Agri Investor that an ongoing review at the $ 2.1 bn
pension includes examination of fund structures most appropriate for an agricultural investor of it
pension includes examination of fund structures most appropriate for an agricultural investor of its size.
The then Prime Minister's reformist agenda
included reforms to the national budget
system, special public corporations, medical insurance, national
pension systems, and...
In addition, mergers and acquisitions within the financial services sector, relaxation of regulations to permit a wide range of «specialized» exchanges (
including some which are set up to allow computers to trade with each other), and
systems allowing big institutional investors like banks, mutual funds,
pension funds and money managers to exchange shares directly have pretty much eliminated the differences between the exchanges.
There would, however, be a separate bill in which Cuomo seeks an agreement to allow some police officers, firefighters and members of the New York City Employees» Retirement
System, which
includes corrections officers, to qualify for enhanced accidental disability
pension benefits, according to an anonymous administration official who spoke to the New York Times.
Yesterday marked the end of a second straight sub-par fiscal year for most of the nation's state and local public
pension funds,
including all five New York City funds and the New York State Teachers» Retirement
System (NYSTRS).
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.
The Liberal Democrat's have vowed to protect state
pension's by
including a commitment to the «triple lock»
system in their manifesto.
The city's five
pensions,
including the New York City Board of Education Retirement
System, have a combined 715,301 members.
Suffolk County Executive Steve Levy, warning the present state
pension system is about to «collapse like a house of cards,» called an overhaul that would limit the amount of overtime
included in
pension calculations.
In addition, to address the fact that just 30 per cent of women are entitled to the full state
pension, Mr Hutton announced a new credit
system to ensure everybody's contribution to society -
including those who care for children or the elderly - counted towards their
pension.
But the governor's plan would effectively give him ownership of the state's massive public school
system, and would be among the most ambitious changes he's pursued in his governorship, a tenure that so far has
included legalizing same - sex marriage, strengthening gun control, creating a statewide property - tax cap and reforming the state
pension system.
The budget applies New York's
pension forfeiture law to all public officials who are convicted of public corruption,
including those who entered the retirement
system before enactment of the
pension forfeiture law in 2011.
Those
include the 71 - year - old Democrat's 44 years of state employment, his inclusion in the state
pension's
system Tier I, and other factors such as whether he provides part of it directly to his wife.
The database
includes every public employer on the Island - from the Village of Baxter Estates in Nassau, which has one active employee in the
pension system, to the Brentwood Union Free School District in Suffolk, the largest on Long Island, with 2,987 employees in the
system.
«If we stay on this course we are going off a cliff,» said Suffolk Executive Steve Levy, who backs fundamental changes to the state's
pension system,
including a move to 401 (k)- style programs similar to those in the private sector.
E.J. McMahon: «Yesterday marked the end of a second straight sub-par fiscal year for most of the nation's state and local public
pension funds,
including all five New York City funds and the New York State Teachers» Retirement
System (NYSTRS).»
Despite word that there was a «framework» deal that
included a one - year extension of mayoral control of the NYC school
system,
pension forfeiture and regulation / oversight of independent expenditures in the political
system, it's apparently not quite soup.
That would
include state employees in Tier 5 and 6 of the state's
pension system, who are not yet eligible to collect benefits, Paulin said.
Bloomberg announced a package of reforms to the
pension system,
including a proposal to hike the retirement age for new non-uniformed city workers to 65 years.
Bloomberg's
pension reform plan
includes a proposal to consolidate of
pension systems — an administrative change he says would save $ 8 million a year «right off the bat.»
The incumbent showed more enthusiasm in describing reforms he's led to how the
pension system is run,
including changing the fee structure for investors hired to grow the funds.
A DWP spokesman said later: «This analysis does not
include the benefits from previous contracted - out
pensions that were integral to the state
pension system up to April 2016.
The answer, McKinney said, is fundamental changes in the state
pension system that would
include placing state employees into a 401 (k) plan and eliminating the ability of state employees to increase their
pensions by working a huge number of overtime hours in their final years of employment.
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.
That doesn't
include the approximately 3,000 retired school administrators and teachers who also qualified for
pensions of $ 100,000 or more, but who are in a separate
pension system.
Working for Wilson's financial firm, Trichter said he has dealt with and helped turn around financially troubled public
pension systems,
including Jacksonville, Fla..
THAT NYSUT establish a task force which shall
include member - participants in each of the public retirement
systems,
including the retirement plan trustees, if applicable, to discuss possible methods,
including legislation, to harness and use public
pension plan resources to improve poor labor practices and to provide workers the right to organize and bargain collectively in enterprises controlled by private equity funds, as well as other corporate interests; and
Key factors contributing to this issue
include the tenuous state of the Social Security
system, greater use of defined - contribution
pension plans by employers, longer lifespans, and the rise of depression and other mental health issues in older Americans.
Each state
pension plan publishes a Comprehensive Annual Financial Report (CAFR), which
includes withdrawal rate tables that estimate the percentage of teachers who will leave the
system before they are eligible for normal retirement.
But principals have substantially higher salaries than teachers, and these salaries in combination with a full career in a single retirement
system (which can
include teaching years), result in lucrative
pensions.
Judges were excluded from this bill, but that that still leaves 623
pension systems,
including five where the city of Chicago is the employer.
Some public entities,
including a few teacher
pension systems (Ohio's is one), have also started to offer DC or CB - type options in their plans.
In Nevada, educators lose out by being
included in a state
pension system that
includes other non-education public employees.
This
includes his push to expand school choice as well as the now - stillborn plan to address the School Employees» Retirement
System's virtual insolvency of $ 37 billion (or 27 percent more than the
pension officially reports).
In that piece the reporters attributed the district's problems to a range of issues,
including rising
pension costs and cuts to state education aid, but the piece also noted that it was unclear exactly what the
system owed on
pensions.
In the second episode of CASconversations, CAS President Dr. Rosie O'Brien Vojtek sits down with Attorney Tom Mooney to talk about a number of issues impacting school administrators,
including the 2017 legislative session, teacher evaluation practices, funding of the state teacher
pension system, and the importance of being disciplined in the use of social media and electronic communications.
Other retirement
systems include the Chicago Transit Authority Fund, the Cook County Employees»
Pension Fund, the Firemen's Annuity and Benefit Fund of Chicago, the Policemen's Annuity and Benefit Fund of Chicago, in addition to several other municipal employee funds.
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.