Sentences with phrase «reduction of pension benefits»

Kline - Miller Multiemployer Pension Reform Act of 2014 (MPRA)- Under this law, Congress established a new process for multiemployer pension plans to propose a temporary or permanent reduction of pension benefits.

The members of the state Legislature who pass such reforms would be conveniently exempt from the pension provision, as the state Constitution prohibits reduction of pension benefits for current beneficiaries.

Not exact matches

Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.

Only by agreeing to such a one - third reduction in the benefits of our generous pension scheme, can MPs look the rest of the public sector in the eye when asking for similar sacrifice and restraint.

Many of the welfare reforms and reductions are likely to prove temporary as Iain Duncan Smith, the Work and Pensions Secretary, is developing plans for a radical «universal credit» which will replace all out - of - work benefits over the next decade.

That measure was limited by constraints in the state constitution that do not permit any reduction of benefits for those already in the state government pension system.

Some pensioners with spare rooms will be hit by reductions in housing benefit under what critics dub the Government's «bedroom tax», the Department of Work and Pensions confirmed.

Of course, Bloomberg had his legislative victories, including a reduction in pension benefits for newly hired workers, the legalization of same - sex marriage and reauthorization of mayoral school controOf course, Bloomberg had his legislative victories, including a reduction in pension benefits for newly hired workers, the legalization of same - sex marriage and reauthorization of mayoral school controof same - sex marriage and reauthorization of mayoral school controof mayoral school control.

The rise of unemployment rates, the constant firings, the cuts and reductions in benefits, pensions and salaries showed that the burdens of Greek citizens were just in the beginning (Labropoulou et al, 2012 & Hellenic Statistical Authority, 2014).

Hawaii's pension plan is commended for utilizing a constant benefit multiplier of 2 percent; however, teachers may retire before standard retirement age based on years of service without a reduction in benefits.

Doug Runchey, of B.C. - based DR Pensions Consulting, confirms «they won't get any survivor benefit if they're at a maximum; if they're under the maximum there's a complicated reduction.»

Tax Return T1 General T4 slip T1213 request for reduction of income tax withholding RRSP Contribution Room running tally Schedule 7 Pension Adjustment Reversal form T10, to reverse past PA when employee leaves before benefits vest.

First of all, you are limited in how much your total reduction is to the lesser of a bit over $ 400 ($ 413 in 2015) or half your pension amount per month; so if you earn a $ 200 in pension monthly, your SS benefits are reduced by $ 100 monthly at most.

However, in no case will the reduction in your Social Security benefit because of the WEP be greater than one - half of the portion of your pension from employment not subject to Social Security taxes; for example, your CSRS annuity.

Unpredictable Contingent Event Benefit (UCEB)(for Single - Employer Plans only)- Any pension benefit or benefit increase that is payable on account of a full or partial shutdown of a plant or facility, a permanent layoff, or a similar permanent workforce redBenefit (UCEB)(for Single - Employer Plans only)- Any pension benefit or benefit increase that is payable on account of a full or partial shutdown of a plant or facility, a permanent layoff, or a similar permanent workforce redbenefit or benefit increase that is payable on account of a full or partial shutdown of a plant or facility, a permanent layoff, or a similar permanent workforce redbenefit increase that is payable on account of a full or partial shutdown of a plant or facility, a permanent layoff, or a similar permanent workforce reduction.

Discussion: Reductions in pension benefits may seem a significant source of savings for many companies, but altering benefits paid to retired employees requires care in determining the nature of the entitlement.

Under the rules of Swansea University's Pension Scheme, he was allowed to take his accrued pension benefits immediately, and without any actuarial reduction for early receipt, rather than having to wait until his normal pension date nearly twenty - nine yearsPension Scheme, he was allowed to take his accrued pension benefits immediately, and without any actuarial reduction for early receipt, rather than having to wait until his normal pension date nearly twenty - nine yearspension benefits immediately, and without any actuarial reduction for early receipt, rather than having to wait until his normal pension date nearly twenty - nine yearspension date nearly twenty - nine years later.

Discussion: Reductions in pension benefits may seem a significant source of savings for many companies, but altering benefits paid to retired employees requires care in determining the nature of... [more]

(4) Subsection (3) does not apply to a pension plan that is a successor of a pension plan registered under the Pension Benefits Act, being chapter 373 of the Revised Statutes of Ontario, 1980, that permitted such a redpension plan that is a successor of a pension plan registered under the Pension Benefits Act, being chapter 373 of the Revised Statutes of Ontario, 1980, that permitted such a redpension plan registered under the Pension Benefits Act, being chapter 373 of the Revised Statutes of Ontario, 1980, that permitted such a redPension Benefits Act, being chapter 373 of the Revised Statutes of Ontario, 1980, that permitted such a reduction.