Sentences with phrase «without pension reform»

He could refuse to accept a budget without pension reform.

«That's why I said this is going to be in the budget and that's why I said it would be irresponsible if I as governor accepte a budget for this state without pension reform because it doesn't really work without pension reform.»

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.

Premier Wynne deserves credit for championing the cause of pension reform; without her efforts, it's unlikely that the discussions would have progressed this far.

Without reform, it argues, by 2036 pension funds will have become so inflated that all officers receiving their full pension entitlement will have a fund worth at least # 500,000.

Whether it's over NHS reform, academies, pensions or slashing government waste, no news report would be complete without a trade union general secretary reciting their well - rehearsed and predictable lines, attacking cuts and bankers.

The union insists government plans for pension reform should not proceed without a valuation of the scheme.

Westchester County Executive Rob Astorino, a Republican, said that without reform, his county's pension bill will rise to $ 163 million by 2015 — roughly a third of its current tax levy.

The speaker said yesterday that there's a «long way to go» to achieve the Tier 6 reform Cuomo is seeking, but a number of his majority conference members (quoted without attribution by the DN) and Senate Majority Leader Dean Skelos have said they believe a deal will be reached on pension reform before the end of the legislative session.

Governor Andrew Cuomo walked back a step from his proposal to give new state workers the option of a 401k style pension plan Monday, but the governor says without major pension reform, local governments and the state of New York could end up «bankrupt».

Without reform, pensions contributions would have to rise steeply — and would mean spending cuts in other areas such as teaching, student support and research.

While these changes may improve the short - term financial health of teachers» pension plans, their long - term viability looks bleak without more significant structural reforms.

However, a research piece earlier this year (mentioned in this June PSI blog item) by the Thomas Fordham Institute paints a grim picture of the burden that pensions are having on the school system, a burden that will grow sharply in coming years without reform.

Without real pension reform, hundreds of schools across those districts may have to cut programs, increase class sizes or lay off teachers as more and more new state dollars are directed away from operations toward retirements.

They are heavily funded by a handful of millionaires and billionaires and passed through groups like Stand for Children, ALEC, Democrats for Education Reform, and 50CAN, who use their funding to advocate for privatization, for high - stakes testing, for evaluating teachers by test scores, and for stripping teachers of any due process so that experienced teachers may easily be replaced by newcomers who will work at entry - level wages and leave without ever collecting a pension.

However, this incentive to retire earlier is already changing without any public policy reforms because companies are moving away from defined benefit pension systems and toward defined contribution systems.