Sentences with phrase «public pensions obligations»

In recent debates both Cain and Gingrich have brought up the «Galveston Plan» as the proper manner to deal with public pensions obligations.

Not exact matches

The prevalence of public pensions in the U.K., which require ongoing cash streams to service their obligations, has helped to create a market culture that values higher yields.

The microchips inside them are identical to Estonians» digital ID cards but come without citizens» rights, like voting or public pensions, and there is no obligation to pay taxes in Estonia.

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 obligapublic 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 obligaPublic 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.

In an era when the pension liabilities of local governments remain a concern, investors may want to consider the debt offered by established public enterprises — airports and utilities, for example — as an attractive alternative to lease revenue and pension obligation bonds.

Cities and states will preserve their credit ratings by annulling their pension obligations to public - sector workers, and raising excise and sales taxes — but not property taxes.

The city of 300,000 plans to cut payments to bondholders while leaving intact pension obligations to public workers and retirees.

Regarding public funds, we're getting older and broker as we speak in terms of public obligations toward pensions (and other expenses), and meanwhile our bridges and electric grids rot.

'' «notes the threats to the future of the Royal Mail and welcomes the conclusion of the Hooper Report that, as part of a plan to place the Royal Mail on a sustainable path for the future, the current six days a week universal service obligation (USO) must be protected, that the primary duty of a new regulator should be to maintain the USO, and that the Government should address the growing pensions deficit; notes that modernisation in the Royal Mail is essential and that investment must be found for it; endorses the call for a new relationship between management and postal unions; urges engagement with relevant stakeholders to secure the Government's commitment to a thriving and prosperous Royal Mail, secure in public ownership, that is able to compete and lead internationally and that preserves the universal postal service; further notes the Conservatives» failure to invest in Royal Mail when they were in power in contrast with Labour's support for both Royal Mail and the Post Office; and notes that legislation on these issues will be subject to normal parliamentary procedures.»

Calling it an «oppressive unfunded mandate» that would impose $ 57 million in «near term obligations» on local governments across New York State, Governor Cuomo has vetoed a bill that would have allowed public employees to claim up to three years worth of pension service credit for time spent in military duty.

Soaring pension obligations resulting from contracts won by politically influential public employees» unions have become a financial liability for state and many local governments.

In fact, he largely strayed away from criticizing Stringer's record in arguably the most important aspect of the job, instead pivoting to the city's increased operating budget, though he did say the growing public personnel — which has increased dramatically under Mayor Bill de Blasio — has had a negative impact on the city's pension system by increasing obligations.

North Carolina's move could also clear the way for other states to take similar steps, particularly as lawmakers look for ways to control spending in the face of increased pension, public safety and health care obligations.

Pennsylvania took over Philadelphia's public schools in 2001, and test scores have dropped while the district wrestles with the debt it incurred from pension obligations and funding new charter schools.

Atlanta Public Schools Chief Financial Officer Lisa Bracken said the school district has higher costs for several reasons: The expense of city living drives up teacher pay; the district has «low population» schools that lack economies of scale but are kept open «due to urban traffic constraints and community needs;» many students need extra services because they have learning problems or disabilities, don't speak English fluently or come from poverty; and the district has a large unfunded pension liability with growing obligations.

Some public employee pension plans around the country are less than 50 percent funded, and states and localities sometimes struggle to meet their benefit obligations, especially for pensions.

And no one confronted Malloy in order to force him to explain to state and local public employees how he intends to govern and meet our state's obligations, including public employee salaries, healthcare and pensions when he has promised that he will not propose or accept any tax increase during his second term as governor.

A DOE spokeswoman said the city school system treats all public schools and students equally, but said the city school system is responsible for other costs, such as contractually negotiated obligations for salaries, benefits and pensions, that charter schools are not obligated to provide employees.

Together, this would be a stronger approach that would increase funding for existing pension obligations, slow down debt accrual, and provide higher quality benefits to many public employees.

Also I'm sure you are also aware certified charter school teachers are also in the teacher retirement system which means public dollars are going to pay for their pension obligations.

Public pension funds have come under pressure in recent years as funding concerns and declining returns have led many pension plans to reexamine the role of risk and investment returns in meeting the fund obligations.