Sentences with phrase «take over pension»

Not exact matches

In the case of the Royal Mail, the government took over the corporation's pension plan and covered off the deficit in funding.

To that point, 92 percent of the 3,500 - plus readers who had taken our survey as of Dec. 4 said they would not roll over their 401 (k) funds into a company pension plan.

Even investors with generous benefits and pension plans must take on some risk to build a decent nest egg, «so do you really care if markets go up or down 15 % over a six - month period?»

Courtney Pratt, a former Toronto Hydro executive, took over in January 2004, and Stelco quickly filed for creditor protection with $ 545 million in long - term debt and a $ 1.3 - billion pension hole.

Torstar is investigating a merger of its pension plan assets with a multi-employer plan called CAAT, which would take over the obligation for paying past accrued benefits and future pension benefits of Torstar employees.

The most radical proposal, Proposal C, would take workers» pension savings accumulated over the past 35 years and pay the money to current retirees.

Although high finance obviously has been shaped by the Industrial Revolution's legacy of corporate finance, institutional investment such as pension fund saving as part of the industrial wage contract, mutual funds, and globalization along «financialized» lines, financial managers have taken over industrial companies to create what Hyman Minsky has called «money manager capitalism.»

In addition to the Canada Pension Plan Account, there was a Canada Pension Plan Investment Fund that would take the surplus that accumulated over and above administration costs and the amount of money required to pay immediate benefits (i.e. three months» worth) and invest it in provincial and federal securities.

During a leveraged buyout the Pension liabilities MUST be planned for in advance of the take - over and pre-funded!!!

They took trillions in investor dollars — mostly pension funds and foundations — and multiplied them many times over like so many loaves and fishes, developing a mystique as modern - day miracle workers.

Why does Canada have a youth unemployment rate of over 15 per cent; a federal debt $ 150 billion higher than when the they took office in 2006; a federation weakened by federal - provincial squabbling over health, training and pensions; greater uncertainty about retirement; widening income inequality?

We endanger our lives protecting you and you want to take away my pension after over 20 years of service?!

Tens of thousands of teachers across the north - west will be taking strike action today (Thursday 27 June) as a further step in the NASUWT and NUT teacher unions» dispute with the Secretary of State for Education over pay, pensions, working conditions and jobs.

British Gas engineers will take part in five 24 - hour strikes in the coming weeks in a battle with the company over pension rights.

Barney Keller, a spokesman for GOP gubernatorial rival Rick Lazio, said, «The last thing we need in Albany is another liberal Democrat like Steve Levy, who has taken over $ 400,000 in campaign contributions from the very same special interests that are stretching New York's pension system beyond the breaking point.»

Over a million public sector workers are set to take industrial action against the government in a series of rows over pay, pensions, jobs, conditions and spending cuts, according to union figuOver a million public sector workers are set to take industrial action against the government in a series of rows over pay, pensions, jobs, conditions and spending cuts, according to union figuover pay, pensions, jobs, conditions and spending cuts, according to union figures.

For example, former OSC Chief Investment Officer David Loglisci, who pleaded guilty in March for his role in the pension fund scam, didn't resign from the office until July 2007 — about five months after DiNapoli took over the office.

Cuomo convened the mandate relief council in 2011, and during his first three years in office has helped localities by capturing cost increases in the Medicaid program and taking over its administration from counties, giving school districts more flexibility in how they set up bus transportation and imposing a less - generous pension plan for newly hired workers.

Elected officials can take both a salary and pension at the start of a new term if they are over age 65 and were first elected before July 26, 1995.

Cuomo and lawmakers did begin a process to rescind the pensions of legislators convicted of a felony, a concept they took credit for over a year ago but had never actually passed legislation.

Hundreds of water workers are due to take strike action later over United Utilities» plans for their staff pension scheme.

In recent months staff at Tata Steel, Jaguar Land Rover and Network Rail have voted to take industrial action over pay or pensions, in some cases both.

The unions also took David Cameron to task over Royal Mail privatisation and public second pensions.

From 6 April pensions customers will have more freedom over how they take their money from their pension pot.

With just over a week to go before the session ends, only one measure — to take back the pensions of lawmakers who are convicted felons — seems to be in play.

CU did give incumbent Democratic Comptroller Tom DiNapoli credit for making changes after taking over from his disgraced predecessor, Alan Hevesi, that improved transparency and addressed the issue of placement agents and fundraising vis - a-vis the pension fund.

The NASUWT and the NUT have now served notice to employers that NUT and NASUWT members in the North West of England * will be called upon to take strike action on 27 June 2013 in furtherance of the dispute with the Government over pensions, pay and conditions.

He then went on to list all the reforms he has instituted since taking over the office in February 2007, adding: «The attorney general is doing his job, we're doing our job, and I'm confident that the pension fund is managed in the approrpriate way.»

The main civil servants» union, the Public and Commercial Services union, which took joint strike action on 30 June, has described Labour leader Ed Miliband's refusal to support public sector workers taking action over cuts in their pensions as «a slap in the face».

The Patrolmen's Benevolent Association, which represents about 24,000 cops, hired the consulting firm Tusk Strategies (run by Bradley Tusk, 2009 campaign manager for ex-NYC Mayor Mike Bloomberg) to take on Mayor Bill de Blasio over raises and pensions for city cops in the future.

As part of the deal to allow a minority private sector stakeholder, the government has said it will take over the Royal Mail's pension fund deficit.

Public sector workers are taking part in a series of strikes across the country over disputes involving pay, pensions and cuts.

Senator Sweeney has taken the lead on trying to fix our pension system to ensure it remains healthy for workers who have contributed to it over their careers, and for those whose retirements depend on it.

So businesses could dupe their employees into taking 401ks by playing into peoples inherent greed by telling them what they COULD make in one under optimal conditions, all the while allowing the greedy employer to raid the fat pension trust funds, bankrupting them and then handing the bankrupt plans over to the PBGC and robbing the employees who expected that money to be there.

The union is working closely with education unions who are also balloting over pensions or have already voted and taken strike action, bringing the total considering industrial action to 750,000 union members.

The second poll on the 24th June asked specifically about teachers taking strike action on the 30th June over changes to pblic sector pensions that «mean teachers will have to work longer and pay more towards lower pensions.»

And spokesman Rich Azzopardi says Cuomo has already created a new pension tier for retired workers with reduced benefits and taken over the costs for the growth of Medicaid.

Starting at 1 pm, PCS members will take part in a half - day strike to tie in with a three month campaign over pay and pension disputes.

Public sector workers have their pensions protected, even if another provider takes over the service, under «fair deal» rules agreed by Labour in the late 1990s.

Many political operatives thought Senate Republicans might replace Larkin on the ballot as he's recently come under attack for taking two state pensions; writing a letter of support for Skelos during his trial; and controversy over a criminal investigation into the treasurer of his campaign committee.

That this House declines to give a Second Reading to the Welfare Benefits Up - rating Bill because it fails to address the reasons why the cost of benefits is exceeding the Government's plans; notes that the Resolution Foundation has calculated that 68 per cent of households affected by these measures are in work and that figures from the Institute for Fiscal Studies show that all the measures announced in the Autumn Statement, including those in the Bill, will mean a single - earner family with children on average will be # 534 worse off by 2015; further notes that the Bill does not include anything to remedy the deficiencies in the Government's work programme or the slipped timetable for universal credit; believes that a comprehensive plan to reduce the benefits bill must include measures to create economic growth and help the 129,400 adults over the age of 25 out of work for 24 months or more, but that the Bill does not do so; further believes that the Bill should introduce a compulsory jobs guarantee, which would give long - term unemployed adults a job they would have to take up or lose benefits, funded by limiting tax relief on pension contributions for people earning over # 150,000 to 20 per cent; and further believes that the proposals in the Bill are unfair when the additional rate of income tax is being reduced, which will result in those earning over a million pounds per year receiving an average tax cut of over # 100,000 a year.

Work and Pensions Secretary Stephen Crabb: The 43 - year - old was promoted to the cabinet in 2014 as Welsh secretary, and boosted his profile earlier this year when he took over as work and pensions sePensions Secretary Stephen Crabb: The 43 - year - old was promoted to the cabinet in 2014 as Welsh secretary, and boosted his profile earlier this year when he took over as work and pensions sepensions secretary.

Cabinet veterans Among the other Cabinet veterans, Douglas Alexander takes over the Work and Pensions portfolio, John Denham takes over as Shadow Business Secretary, David Miliband's campaign coordinator Jim Murphy take Defence, and Hilary Benn takes over as Shadow Leader of the Commons.

«There are those who contest that the UK has historically set far too much store by home - ownership and that we should be unconcerned that the average age of the first - time buyer is approaching forty but taken together, this trend, the spread of means - tested benefits, the regime for long term care, the damage done to private pension provision by one of Gordon Brown's earliest misjudgements, compounded by the current squeeze on household finances which has seen over a million people forced to abandon contributions to their pension funds, all amount to a massive turn away from a culture of property ownership with the responsibility and independence that goes with it.»

Mr. Cuomo used his power over the decennial redistricting process to win some victories in March: He was able to get lawmakers, who wanted him to sign the gerrymandered legislative maps they had drawn, to agree to curb pension benefits for future public workers, to create a more rigorous system for evaluating schoolteachers, and to take the first step toward legalizing a significant expansion of casino gambling.

Legislators, in an all night session, took the first step to change the state's constitution to require lawmakers convicted of a felony to forfeit their pensions, in answer to public outcry over dozens of Senators and Assembly members, including the two former leaders of the legislature keeping healthy pensions even though many have been sentenced to prison.

One of those tough decisions, says Miner, came two years ago, when she broke with the Cuomo administration, and refused to let the city take part in the governor's plan to reduce skyrocketing pension costs by letting municipalities pay them off over a long period of time.

Mr Barber's latest attack on the government comes as his organisation prepares for the «TUC Day of Action» on November 30th when up to three million workers will take part in stoppages, meetings and rallies in protest over the government's decision to cut public sector pensions.

«People should take some reassurance from our prime minister, who I think is standing pretty much foursquare in the middle of public opinion: we don't what to see any more powers ceded over there, but we want to see some powers back,» the work and pensions secretary added.

A written statement from the Department of Work and Pensions said the «safe and smooth delivery» of the new system would «take precedence over meeting specific timings».