Sentences with phrase «pensions deficit increased»

The more this one goes up, the more investors love it... Meanwhile, my bearish perspective remains horribly off - base, but GNC's recent interims do nothing to change my mind: Revenues grew just 0.9 %, both net debt & the pension deficit increased again, and free cashflow was actually negative (by GBP 12.9 mio).

Not exact matches

This $ 300 - million budget deficit is not paid for by additional government debt, but by union members who must increase their contributions to the pension fund.

While it's true that the Town's bond rating was lowered from A + to A -, the report also stated that, «We understand that the deficit in 2012 was due to a steep increase in pension contributions and an unanticipated charge from Ulster County for Safety Net (welfare) expenditures without an offsetting property tax levy increase.»

Albany has been engaged in deficit spending since at least 2007, the mayor said, and has extinguished its formerly healthy rainy - day fund in order to deal with increased pension costs and other consequences of the 2008 Wall Street meltdown.

«Pension scheme deficits also play a part: people currently at work not only have their salaries affected, but are also extremely unlikely to enjoy the same retirement benefits as their colleagues who retired in the past, even when accounting for an increasing life - expectancy.

With schools facing increased costs amounting to 4.5 per cent due to pay rises, National Insurance contributions and pension deficits, it's no wonder that more than 90 per cent of 1,000 head teachers surveyed by the Association of School and College Leaders (ASCL) say that their finances are going to be critically under pressure for 2015/2016.

Another problem lies with the fact that both the state government and districts have been able to increase teacher salaries (by 8.4 percent between 1999 - 2000 and 2011 - 2012, according to the U.S. Department of Education) without being forced to contribute more into the system in order to stem pension deficits.

Although Greuel still has two months to win the run - off, she will have to do a better job of articulating her school reform agenda as well as offer more - concrete solutions for addressing L.A.'s fiscal issues (including a pension deficit that has increased by 25 percent a year for the past decade).

The UTLA report comes as the district is facing a potential $ 450 million deficit within three years due to declining enrollment and increasing fixed costs, including pension costs, legal liability and other post-employment benefits.

Given that the cost of the nearly - free healthcare benefits and other perks of teaching have increased by 21 percent within a six - year period — and the $ 1.4 trillion in pension deficits and unfunded retiree healthcare costs — governors realize they must restrain future increases.

This year's deficit, driven by a $ 400 million increase in pension payment obligations coupled by flat and declining revenues and increasing contractual and statutory obligations, has led to some difficult choices.

But after congratulatory statements from other board members, Monica Ratliff asked about a slide that had not been presented that addresses a potential $ 450 million deficit in three years due to declining enrollment and increasing fixed costs, including pension costs, legal liability and other post-employment benefits.

We have a cultural problem where we hide deficits / profit shortfalls through adjusting pension assumptions, or trading lower salary increases for pension benefit increases, which don't hit the bottom line immediately, but increase funding needs for years to come.

I also include 50 % of convertible / preference capital, pension deficits etc., which seems an appropriate balance — it recognizes these (long term) liabilities aren't bank loans, but they still increase gearing & prior claims on capital.

All sounds great, but this completely ignores the (totally un --RRB- exceptional charges being expensed every single year, the increasing levels of capex, the continuing & quixotic acquisition spree in the US (believe me, $ 200 mio of pro-forma US revenues does not make you a player there), and let's not forget the whopping GBP 116 mio net pension deficit.

In the four years before President Macri's arrival, the Argentine economy grew at a paltry 1.6 % rate per year — meaning that, in per capita terms, it didn't grow at all... Consumer inflation, on the other hand, averaged almost 30 % per year... At the end of May, the government announced a plan to increase public pensions and devolve tax revenues to the provinces that, if implemented (which is almost certain), will cost the national government a significant amount of money and make meeting primary deficit targets... all but impossible to achieve.

There has been a dramatic increase in the areas that Parliamentary Select Committees investigate, ranging from tax for digitalised businesses, packaging waste, pension deficits (e.g. Carillion), working conditions (e.g. Sports Direct) and bankers bonuses.