Sentences with phrase «reduce pension payments»

You're also the lead sponsor of an initiative that would allow cities and the state government to potentially reduce pension payments to government workers like teachers, state employees, and police officers, all groups that are traditional Democratic supporters.

Reed: First, let me just clarify that we're not trying to reduce pension payments.

The law authorizes judges to cut or reduce pension payments for public officials who commit or have committed felonies after Jan. 1, 2018.

According to the report, despite the convictions, Percoco is eligible to collect $ 36,000 a year in pension money, despite a new law that was passed in the fall that would authorize a judge to cut or reduce pension payments for public officials found guilty of a felony crime, but since Percoco's crimes were committed before Jan. 1, he will not be stripped of his payments.

It would have reduced pension payments and for the first time, the option of a 401k style plan.

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

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.

The federal government will begin cutting the age pension in three years, reduce disability and other welfare payments immediately, and slash back family tax payments, while holding out the prospect of income tax cuts within five years, Tony Abbott has pledged.

Orr must now persuade a bankruptcy judge to invalidate the city's pension contracts, freeing him to reduce payments to retirees.

By the early 1960s, the 20 - year residence rule had been reduced to 10 years and regulations applying to the payment of Old Age Security pensions to people who were absent from the country had become less restrictive.

Many pensions will be forced to reduce return expectations, reduce benefit payments, or force municipalities to cut other government services.

Due to the fixed nature of the payments, some older individuals may be able to consider Social Security payments, employment pensions, and other predictable and / or passive income sources as part of their bond pile, thus reducing or eliminating the need for bonds.

:: Urgently pay Edo State pensioners over 42 months outstanding pension benefits and entitlements from the over N29bn Paris Club refunds received by your government and meant for the payment of pension arrears and gratuities;:: Adopt a human rights policy of guaranteeing regular payment of pension benefits and entitlements so that pensioners and their families can live decently;:: Recognize the human rights of Edo State pensioners and ensure their full and effective enjoyment of those rights, as well as provide them with information to enable them to claim their rights;:: Treat all pensioners in Edo State as individuals with humanity and dignity and respect and promote their higher standard of living and improve economic and social conditions for all pensioners;:: Provide Edo State pensioners with proper support and assistance to alleviate their plight, including by ensuring informal, community - based and recreation - oriented programs for pensioners to help develop their sense of self - reliance and independence;:: Reduce opportunities for corruption in the spending of the Paris Club refunds

DiNapoli did not initially respond when the Times first reported over the weekend of a tenative agreement between legislative leaders and the governor that would essentially float a loan to the state and municipalities to reduce their pension contributions in exchange for higher payments in the future.

Our Karen DeWitt asked the Assembly leader if he was in favor of the «pension smoothing» plan outlined by the governor that will allow local governments to lock in a rate now to reduce current payments while defering a portion of the costs down the road.

The state is «amortizing» (i.e., spreading out over 10 - year periods and repaying with interest) a portion of its pension payments each year, reducing the effective rate to 10.5 percent in 2012 and 13.5 in 2015.

She ridiculed as a «gimmick» the governor's budget proposal to let municipalities reduce current pension payments and make up the difference in the future.

However in July 2010, as the Coalition Minister for Works and Pensions, Webb announced plans to link private sector pension payments to the Consumer Prices Index (CPI) instead of the Retail Prices Index (RPI), which would reduce the value of fully accrued index - linked pPensions, Webb announced plans to link private sector pension payments to the Consumer Prices Index (CPI) instead of the Retail Prices Index (RPI), which would reduce the value of fully accrued index - linked pensionspensions.

The risk stems from a reported deal between Gov. Paterson and legislative leaders to let the state and its municipalities borrow to reduce pension contributions - in exchange for higher payments in the future.

Under the plan, the state and municipalities would borrow the money to reduce their pension contributions for the next three years, in exchange for higher payments over the following decade.

In other words, even when an ERI program creates substantial savings for school districts by reducing teacher salary costs, it still can cost the state money through higher pension payments.

In other words, while an early retirement program reduces teacher salary costs, it still can cost the state money through higher pension payments.

Either you pay from your own pocket and then you get income tax relief on the payment, i.e. your gross salary is reduced by the gross pension contribution and income tax is recalculated with the excess either refunded to you or put in your pension (the details are a bit more complicated depending on your marginal tax rate, but the end result is the same).

If your net income on line 236 of your tax return exceeded $ 72,809 on your recent 2015 income tax filing, your OAS pension for the July 2016 to June 2017 payment period will be reduced by 15 cents for every dollar in excess.

If your net income on line 236 of your 2015 income tax return exceeds $ 72,809, your OAS pension will be reduced by 15 cents on every excess dollar for the July 2016 through June 2017 payment period.

If your income is above a certain limit, your pension payment will be reduced.

Should you choose to start your Canada / Quebec pension payments earlier than age 65, your monthly CPP payment will be reduced by 0.5 % per month for every month before 65.

Some pensions offer a survivor clause, whereby you can take a reduced amount, in exchange for the payments continuing for a surviving spouse.

The minimum payment amounts have been halved for certain pensions and annuities for the 2008 — 09, 2009 — 10 and 2010 — 11 years and reduced by 25 % for the 2011 — 12 and 2012 — 13 years.

But the Social Security law contains a Public Pension Offset (also called the Government Pension Offset) to reduce or eliminate Social Security spousal benefits for most Federal retirees (those receiving recurring retirement payments).

But the Social Security law contains a Public Pension Offset to reduce or eliminate Social Security spousal benefits for most Federal retirees (those receiving recurring retirement payments).

In 2011 — 12, this relief has been extended, with the minimum payment for account - based pensions reduced by 25 %.

A joint - life payout provides a reduced payment to the pension earner and their spouse.

A person in receipt of reduced rate pension may also receive one of the payments listed at iii) above, as long as their total payment does not exceed the sum of the maximum rate of pension plus half the personal rate of the relevant benefit or allowance.

Where a person was in receipt of (or becomes entitled to) payment of one of the above pensions or allowances prior to the death of his or her spouse / civil partner / cohabitant the half of the means assessed as the means of the spouse / civil partner / cohabitant at that date are deducted from the total means of the survivor thereafter, if any question arises with regard to a reduced entitlement.

One - Parent Family Payment (OFP) Deeds of Covenant Deprivation of income Reduced rate of Army pensions

Budget 2018: the maximum rate of Widow's, Widower's or Surviving Civil Partner's (Non-Contributory) Pension will increase by $ 5 per week with proportional increases for those on reduced rates of payment (from week beginning 26 March 2018).

From AARP: --------- snip --------------- Other kinds of income; including income from rental properties, lawsuit payments, inheritances, pensions, investment dividends, IRA distributions and interest; will not cause benefits to be reduced.