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.
Not exact matches
In some cases, unscrupulous brokers hold «free lunch» seminars in which they offer reckless advice, like recommending retirees cash out
of their 401 (k) planor take a lump - sum
payment for the cash
value of their
pension and use the money to open an IRA through them.
The Committee evaluates all
of the factors considered by the Chairman and CEO and reviews compensation summaries that tally the dollar
value of all compensation and related programs, including salary, annual incentive, long - term compensation, deferred compensation, retention
payments and
pension benefits.
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.
However in July 2010, as the Coalition Minister for Works and
Pensions, Webb announced plans to link private sector pension payments to the Consumer Prices Index (CPI) instead of the Retail Prices Index (RPI), which would reduce the value of fully accrued index - linked p
Pensions, Webb announced plans to link private sector
pension payments to the Consumer Prices Index (CPI) instead
of the Retail Prices Index (RPI), which would reduce the
value of fully accrued index - linked
pensionspensions.
Pension wealth is the cash value of the expected future stream of pension payments at various points in an educator's
Pension wealth is the cash
value of the expected future stream
of pension payments at various points in an educator's
pension payments at various points in an educator's career.
In principle, this
pension wealth represents the market
value of the associated annuity: it is the size
of the 401 (k) that would be required to generate the same stream
of payments.
But the total
value of her retirement would actually decrease from $ 937,500 to $ 930,000, because by working an additional year, she is giving up one year's worth
of pension payments.
This large jump (44 percent) in the
value of her
pension benefit occurs because she would collect 25 years worth
of pension payments, up from 18.
Pension wealth is the present discounted value of the stream of pension payments she can receive, discounted for survival probabi
Pension wealth is the present discounted
value of the stream
of pension payments she can receive, discounted for survival probabi
pension payments she can receive, discounted for survival probabilities.
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.
a rebateable (lifetime) super
pension is based on the
payments made in the first year (the
pension valuation factor) and the level
of undeducted contributions and residual capital
value.
Many retirees face the choice
of taking monthly
payments from their employer's
pension plan or transferring the commuted
value into an investment account.
Regardless, it's not uncommon to be given a choice between taking a lump - sum
payment in lieu
of your future monthly
pension (known as a commuted
value) or otherwise taking your calculated monthly
pension payment in retirement.
You may even lose your job at some point; experience a disability; retire early, transfer a commuted
value lump - sum
payment from your
pension into a locked - in RRSP; or decide to defer your
pension start date at retirement — all things that could create a year or number
of years where your income is significantly lower and strategic RRSP withdrawals could be made at a lower tax rate than today.
Calculate a present
value for a stream
of payments (i.e., Social Security,
pension & etc.), add this to your retirement portfolio and then calculate the equity allocation you are comfortable with.
If you've not yet begun to start receiving the Sears
pension, an option is to take the so - called Commuted
Value of the
pension, rolling a lump sum
payment over into your RRSP so you have complete control
of the assets.
Investment returns and
payments made to Darius to meet minimum drawdown requirements change the
value of the superannuation interest supporting his
pension.
The trustee will need to revalue assets at market
value and recalculate the minimum
pension payment required at the start
of the new
pension.
By order dated July 14, 2014, the motion judge, the Honourable Justice Martin S. James
of the Ontario Superior Court
of Justice sitting at Ottawa, granted Mr. Arnone's motion for summary judgment and ordered Best Theratronics to pay (i) damages equal to the gross amount
of the salary Arnone would have earned until he qualified for an unreduced
pension, less
payments made to him to satisfy the statutory obligations
of the employer, (ii) $ 65,000 representing the present
value of the loss
of an unreduced
pension, (iii) a retirement allowance equal to 30 weeks» pay, and (iv) costs totaling $ 52,280.09.
She had received these
payments before the party's separated and she was therefore obligated to share the
value of the settlement post-separation, just as she would if she were receiving a
pension.
For the individual, there would be an «unauthorised
payments charge»
of 40 %
of the
value of the transfer
payment, and possibly, further «unauthorised member
payment surcharge
of a further 15 %», which applies if the member accessed more than 25 %
of their
pension savings as cash.