Sentences with phrase «rising pension debts»

Most of these costs are due to rising pension debts, not to pay for actual teacher retirement benefits (see Figure 3 here).

Not exact matches

The city is weighed down with debt, billions in unfunded pension obligations, declining credit ratings, a police department often accused of using excessive force against African - Americans, a rising tide of murders, and a host of other troubles.

And companies can't take on more debt, nor can states and cities because they're being badly squeezed by falling tax revenues and rising pension plan shortfalls.

But here's why we can say givebacks are in play: With rising shortfalls forecast for the coming years, with little appetite at the Capitol for raising taxes again, with debt and pension costs rising, and with state - financed, outside services such as group homes already squeezed, there are scant other places to turn.

If the United States is ever to pay off its vast and rising public debt, as well as the growing deficits in its teacher pension accounts, it will have to fix not only the nation's schools but local ones, too.

In our new report, «The Pension Pac - Man: How Pension Debt Eats Away at Teacher Salaries,» we show that, like the proverbial Pac - Man, the rapidly rising costs of teacher retirement and insurance benefits are pushing out money that could be spent on salaries (Figure 1 from the paper).

In these hard economic times, too many Metro Vancouver, Fraser Valley, Lower Mainland people, and British Columbians who lived free of financial crisis until now, find themselves facing the shame of debt they can not repay after taking out too much easy credit just to live, pay for necessities such as housing, food, medicine, etc., a reflection of our ever growing senior and minimum wage population funded with insufficient pensions and facing rising living costs without corresponding increase in earnings.