Sentences with phrase «value of pension funds»

Matters are made worse by legislatures that juice up the benefit formula when the stock market is up and the value of pension funds is high, only to find the systems saddled with even larger unfunded liabilities when the market turns sour.

Finally, it bears noting that the market value of pension funds has fallen precipitously as of this writing (December 2008).

Those data do not yet reflect the impact of the stock market decline since 2007: the drop in the value of pension funds means further increases in employer contributions will be required to fund promised benefits.

By demolishing the capital value of pension funds, many top British companies were left with pension funding shortfalls.

If the divestment resulted in a more than 0.5 percent drop in the value of the pension fund, the comptroller would able to reverse course.

Not exact matches

Many of the factors that gave rise to the dire predictions can be traced back to the market crash of 2008 — 09 — Canadian pension funds lost 21.4 % of their value in 2008 — and its low - interest aftermath.

That argument simply does not hold water as the under - funded amount, $ 2.6 billion, represents the present value of all future obligations less the value of the assets EK's dedicates to the pension obligations.

The pension fund claims Diller threatened to block «value - enhancing deals» requiring new common - stock issuance that would dilute his voting stake if the board refused to approve the new class of shares.

The value of shares in Uniq have fallen sharply after the UK chilled prepared foods group's long - term proposals for tackling its pension fund deficit failed to gain clearance from the Pension Regpension fund deficit failed to gain clearance from the Pension RegPension Regulator.

«The Fund has gained significant value and led the nation as one of the best managed public pension funds.

A recent decision by the federal Department of Justice to scale back and eventually end the use of private prisons indirectly impacted New York City's pension funds, reducing holding values by millions of dollars and leading to renewed calls from activists for the city to divest from the for - profit corporations that operate these prisons.

The New York pension fund for state and local government workers shows an investment return of less than 1 percent for the last quarter with an estimated value of $ 182.5 billion.

The state's pension fund was valued at an estimated $ 197.1 billion, earning a 2.9 percent rate of return ending June 30.

The pension fund's value at the end of the state's fiscal year in March had been revised upward slightly to $ 192.1 billion.

The review said the value of pension scheme assets could be maximised by the bulk purchase of annuities and pooling assets in a single fund.

The state pension fund holds 1.2 million shares of Aenta, a $ 135.6 million value, the comptroller's office said.

So presumably, the less wealthy, after being told what to spend their money on by «society» for all their working years, reach pensionable age fully moulded by a paternalistic government into financially responsible citizens who will commit a significant amount of their time to research where they want to invest their pensions, and subsequently enjoy «regular updates on how their pension fund was growing» — because of course, like house prices, pension funds can only rise in value.

Employer's contribution is determined by an actuarial review that takes into account both the amount of employee contribution and the value and investment return of the Pension Fund.

The pension fund produced a return of 2 percent during the first three months of the state's current fiscal year, with a value of $ 181 billion.

The nation's third - largest pension fund continues to recover the shock of the 2009 financial crisis when it lost billions of dollars in value.

The state pension fund which DiNapoli is responsible for lost 8.9 percent of its value in the months of July, August and September, for a total loss of $ 13.1 billion, down to $ 133.8 billion from its June 30 -LSB-...]

The state pension fund which DiNapoli is responsible for lost 8.9 percent of its value in the months of July, August and September, for a total loss of $ 13.1 billion, down to $ 133.8 billion from its June 30 number of $ 146.9 billion.

ALBANY — More bad economic news for New York: The state pension fund lost 8.9 % of its value over the past three months.

The fund, one of the largest public pension systems in the nation, is now valued at $ 133.8 billion, down from $ 146.9 billion at the end of the first quarter on June 30, state Controller Thomas DiNapoli's office said Tuesday.

ALBANY (AP) The New York pension fund for state and local government workers reports an investment return of nearly 3 percent for the quarter that ended Dec. 31 with an estimated value of $ 178.3 billion.

The adjusted data reflect the value of actual pension benefits accrued each year by teachers, not merely what the governments happen to contribute to their pension funds each year.

Space limits an extended discussion here, but we note two conclusions from a 2012 article by Economic Policy Institute researcher Monique Morrissey, who explains that «the logical implication of Richwine and Biggs's [pension] position is that public employers and taxpayers would be indifferent between current pension funding practices and investing in Treasury securities, even though this would triple the cost of pension benefits» and that R & B «selectively alternate between the cost of benefits to employers and the value to workers, and inappropriately equate the latter with the often much higher cost to individuals of obtaining equivalent benefits.»

The sponsors of private plans must therefore contribute much more for every dollar of promised benefits than governments contribute to teacher pension plans that value liabilities using an 8 percent assumed return on portfolios heavily weighted with stocks, hedge funds, or private equity.

Pension costs have emerged as a major political issue in New York State, especially after the 2008 stock market crash that drove down pension fund values and raised the amount of contributions that school districts and other government entities had to pay into pension systems to keep them sPension costs have emerged as a major political issue in New York State, especially after the 2008 stock market crash that drove down pension fund values and raised the amount of contributions that school districts and other government entities had to pay into pension systems to keep them spension fund values and raised the amount of contributions that school districts and other government entities had to pay into pension systems to keep them spension systems to keep them solvent.

But academies have «no real voice» to combat their employer contribution rate because it is calculated by their local pension fund authority according to the average age of staff and value of investments across all of its schools, Hamilton said.

A pension system's «normal payment» refers to the amount of money that has to be paid into a fully funded system each year to fund the present value of additional pension benefits earned by active employees in that year.

Institutional investors, such as pension funds, mutual funds, unit investment trusts, endowments, insurance companies and others looking for diversification or to match liabilities can use these securities to help ensure their investment goals are met and to protect the value of their investments.

In relation to TRISs, the transitional arrangements are intended to provide CGT relief by enabling complying superannuation funds to reset the cost base of CGT assets to their market value where those assets are re-allocated or re-apportioned from the current pension phase to the accumulation phase in order to comply with the new law.

The exempt proportion under this provision for an income year is the: average value of a fund's current pension liabilities for the year, divided by the average value of its superannuation liabilities for the year.

The increase came from a 3.2 per cent increase in financial assets as the value of investment fund shares, particularly mutual fund units, life insurance and pension assets rose.

As I have written about in a number of my blog posts, when the bull market in risk assets was running hot, many endowments and pension funds neglected the value of liquidity.

If the source of funds is a DB plan, the plan's actuaries will calculate the commuted value of the plan — that is, the amount that is equivalent to the present value of the pension payments you could have elected to wait and receive in the future.

This can be damaging for professional investors such as banks, insurance companies, pension funds and asset managers (irrespective of whether the value is immediately «marked to market» or not).

Almost every pension fund in the U.K. owns shares in the energy giant, raising serious questions about the impact the firm's plummeting value will have on the retirement plans for millions of Britons.

If I were managing assets for a pension fund, I would assemble a stable of new - ish value managers, and that would be 70 % of my portfolio, with 30 % investment grade bonds.

the «guaranteed benefit» is a (usual) feature of a particular pension; one could imagine the benefit being a percentage of the overall plan value — say something like a mutual fund.

As this occurred, the value of all outstanding collateralized debt obligations also declined, creating huge losses for investors, including pension funds, mutual funds, hedge funds, and other types of investment vehicles.

Be sure to consider everything you own, including the value of your retirement funds, pension, and other nontaxable assets.

Bear Stearns averted a meltdown this time, but if delinquencies and defaults on subprime loans surge, Wall Street firms, hedge funds and pension funds could be left holding billions of dollars in bonds and securities backed by loans that are quickly losing their value.

In relation to TRISs, the transitional arrangements are intended to provide CGT relief by enabling complying superannuation funds to reset the cost base of assets to their market value where those assets are re-allocated or re-apportioned from the current pension phase to the accumulation phase in order to comply with the new law.

Our activism in the interest of shareholders was concretely demonstrated in 1992 with the introduction of the LongView Equity Index Fund, which provides union pension funds with investment products and actively advocates for enhanced shareholder value.

Financial economists such as World Pensions Council (WPC) researchers have argued that durably low interest rates in most G20 countries will have an adverse impact on the funding positions of pension funds as «without returns that outstrip inflation, pension investors face the real value of their savings declining rather than ratcheting up over the next few years» [19]

I will either keep my funds there and defer my annuity until normal retirement age or, I'll cash out the actual value of my pension plan.

That said, it is true that the bondholders of major banks include pension funds, insurance companies, mutual funds, foreign investors and other holders that would be adversely affected by a writedown in bond values.

At the time of Henry's death he was in receipt of a pension from the Jackson Superannuation Fund valued at $ 1,000,000.