Sentences with phrase «share of pension costs»

The state's share of pension costs, though smaller, will also double, and teachers» contributions, deducted from their paychecks, will rise by about a quarter, from 8 percent of their pay to 10.25 percent.

Teacher pension costs are included on the Teachers Pension line item (this includes both the CPS» employer share of the pension costs as well as the cost of the additional pension benefit that CPS pays on behalf of employees).

The district's share of pension costs rose from about $ 14 million in 2006 to approximately $ 28 million by 2013, even as K - 12 student enrollment fell by 10,000 students.

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.

The OECPs mandate directed it away from this field of inquiry.35 The inquiries in Alberta and BC and in Nova Scotia devote less consideration to plans that involve joint cost sharing and governance than does the OECP, and this may reflect the fact that their mandates exclude provincial employee pension plans.

Since the largest share of operating costs relate to employee compensation (wages, salaries, pensions, sickness benefits, etc.), there will need to be major structural reforms in this area.

That opportunity is to attract or retain the business of public pension funds and union related funds (which control approximately $ 3 trillion in assets), the institutional leaders in the shareholder empowerment movement, which are shifting their portfolios away from high cost, actively managed mutual funds and hedge funds to low cost indexed funds, the kind of funds that the top 10 largest mutual fund advisors dominate in terms of market share.

Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, increased competition; the Company's ability to maintain, extend and expand its reputation and brand image; the Company's ability to differentiate its products from other brands; the consolidation of retail customers; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's inability to realize the anticipated benefits from the Company's cost savings initiatives; changes in relationships with significant customers and suppliers; execution of the Company's international expansion strategy; changes in laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure to successfully integrate the Company; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the nations in which the Company operates; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives that the Company uses; exchange rate fluctuations; disruptions in information technology networks and systems; the Company's inability to protect intellectual property rights; impacts of natural events in the locations in which the Company or its customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's dividend payments on its Series A Preferred Stock; tax law changes or interpretations; pricing actions; and other factors.

Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, operating in a highly competitive industry; changes in the retail landscape or the loss of key retail customers; the Company's ability to maintain, extend and expand its reputation and brand image; the impacts of the Company's international operations; the Company's ability to leverage its brand value; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's ability to realize the anticipated benefits from its cost savings initiatives; changes in relationships with significant customers and suppliers; the execution of the Company's international expansion strategy; tax law changes or interpretations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the United States and in various other nations in which we operate; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives we use; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's ability to protect intellectual property rights; impacts of natural events in the locations in which we or the Company's customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's ownership structure; the impact of future sales of its common stock in the public markets; the Company's ability to continue to pay a regular dividend; changes in laws and regulations; restatements of the Company's consolidated financial statements; and other factors.

Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, increased competition; the Company's ability to maintain, extend and expand its reputation and brand image; the Company's ability to differentiate its products from other brands; the consolidation of retail customers; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's inability to realize the anticipated benefits from the Company's cost savings initiatives; changes in relationships with significant customers and suppliers; execution of the Company's international expansion strategy; changes in laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure to successfully integrate the business and operations of the Company in the expected time frame; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the nations in which the Company operates; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives that the Company uses; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's inability to protect intellectual property rights; impacts of natural events in the locations in which the Company or its customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; tax law changes or interpretations; and other factors.

75, the federal government also introduced virtually all of the major policy innovations that make up Canada's system of social programs: Canada - wide Medicare, universal pensions, the modern unemployment insurance system, and cost - sharing with the provinces for higher education and welfare.

Cabinet Office minister Francis Maude struggled when under forensic examination on the Today programme this morning, when he was seemingly unable to answer why public sector pension reform was needed when its cost as a share of GDP was set to fall.

Taxpayers» share of city pension costs has skyrocketed more than 900 percent in the last decade — from $ 703.1 million in 2000 to $ 6.5 billion in 2009, according to the NYC comptroller's office.

The bill allowing all veterans to buy added pension time was vetoed by Cuomo last year because, notwithstanding a clause in the governor's Tier 6 pension reform, it failed to appropriate money to cover the projected state and local government share of the «past service» catch - up cost of the measure.

As Bloomberg noted last month, pension costs are gobbling up an ever - larger share of the budget.

Earlier Tuesday, key committee leaders released a detailed, 262 - page budget plan that called for rejecting Gov. Dannel P. Malloy's controversial plans to change the education cost - sharing formula and to force towns to share one - third of the cost of teachers» pensions.

Taxpayers» share of city pension costs has skyrocketed more than 900 percent in the last decade — from $ 703.1 million in 2000 to $ 6.5 billion in 2009, according to the city comptroller's annual reports.

Dozens of workshops covered a range of issues, including the impact of the State budget on counties, pension funding, renewable energy, local Medicaid costs, public safety, budgeting, pre-school special education reforms, shared services, and local leadership.

The one - third share of teachers» pension costs was rejected by leaders of the appropriations committee, but there was no vote by the full committee.

They highlighted the remarkable achievements of the governor that have impacted positively on their lives such as «prompt payment of monthly salaries / pensions, other allowances to state public and civil servants; absorption of 54 % of total cost of 100 housing units at Elim Estate allocated to workers; payment of outstanding arrears of salaries / pensions / allowances to Local Government Staff, through prudent utilization of 100 % of LG share of the Paris Club Refunds; promotion of teachers and recruitment of over 4000 school teachers as well as elongation of terminal grade of qualified primary school teachers to level 16».

Walker wants state workers to make a 5 percent contribution to their pensions and increase their share of health care costs to 12 percent, up from between 4 percent and 6 percent currently.

Costrell says that about 22.6 percent goes for social security and pensions (the school system pays the employees share of social security costs!!)

Failure to hit these targets, as well as underfunding generally, has resulted in pension costs consuming a progressively larger share of the education dollar.

Despite years of fully funding its share of the teacher - pension plan, the proportion of the St. Louis district's budget tied up in paying benefits for its teachers now makes up about 10 percent — a factor that, coupled with other rising costs, is fueling ongoing cuts in this beleaguered district.

Cost sharing: The city shall not pay more than 50 % of the normal and unfunded payments due the pension system; this will be phased in by increasing the employee share of the unfunded payment at a rate of 0.33 % of additional withholding of their pay per year.

The question now is: do charters share responsibility to help pay down the pension legacy costs of area school districts?

In too many places, employers pick up all or a large share of pension and healthcare costs, obscuring the real costs of the benefits.

«Kumbaya, that's your word,» Emanuel said with a laugh as he returned to the scrum of TV cameras and made a case for the common interests he has been arguing for months that the teachers union and the city share in their fight with Rauner to help close a $ 480 million budget gap driven by pension costs.

But K - 12 school districts won't be feeling that flush; increases in districts» share of rising costs for teacher and other employee pensions will eat up $ 1.3 billion, more than 40 percent of the Prop. 98 increase next year and for the following two years, the LAO says.

Perks: Private medical insurance, group life assurance scheme, auto - enrolment pension scheme, employee assistance programme, 25 days» holiday, plus bank and public holidays, day off for your birthday, unique shared ownership and bonus scheme, flexible working and family friendly policies, childcare vouchers, cycle to work scheme, opportunity to join a number of social clubs - free or minimal cost, enhanced maternity and paternity pay

However, the judge also reduced his awards for non-pecuniary damages, loss of earning capacity, loss of pension and deferred profit sharing by 50 % and the future cost of care by 10 % because of a failure to mitigate.

Our experience encompasses a wide range of ERISA claims, including individual life, disability and AD&D benefits, class actions, fiduciary obligations, revenue sharing, retained asset accounts, health plans, stock drop cases, pension funds, severance benefits, plan administration, cost of living adjustments, IRA plans, incentive compensation and annuity contract premiums, among many others.