Sentences with phrase «year of additional service»

Every year of additional service reduces her pension wealth, despite the fact that she and her district continue to contribute 20 percent of her pay into the fund.
4 years of additional service x 1 % per year x $ 60,000 = $ 2400 yearly increase in retirement income attributable directly to the one - time military deposit.

Not exact matches

«In each of the years between 2027 and 2033, PWBM projects that the bill will continue to reduce revenues net of outlays, not including the additional costs of debt service,» the Penn report said.
The first is to purchase and install the needed equipment at a point during the year where additional volume warrants the expenditure, thereby assuring sufficient cash flow to handle the additional debt service or the outright purchase of the equipment.
Comments received by the Department and media reports also indicate that many financial institutions already had completed or largely completed work to establish policies and procedures necessary to make the business structure and practice shifts required by the Impartial Conduct Standards earlier this year (e.g., drafting and implementing training for staff, drafting client correspondence and explanations of revised product and service offerings, negotiating changes to agreements with product manufacturers as part of their approach to compliance with the PTEs, changing employee and agent compensation structures, and designing conflict - free product offerings), and the Department believes that financial institutions may use this compliance infrastructure to ensure that they meet the Impartial Conduct Standards after taking the additional Start Printed Page 16910sixty days for an orderly transition between June 9, 2017, and January 1, 2018.
5 % Cash Back: You'll earn 5 % Cash Back rewards total for each $ 1 of the first $ 25,000 spent each account anniversary year on combined purchases in the following rewards categories: office supply stores; internet, cable, and phone services (4 % additional Cash Back rewards on top of the 1 % Cash Back rewards earned on each purchase).
«The bonus depreciation provision allows businesses to claim additional depreciation for certain property in the first year of the recovery period if placed in service from 2015 to 2019 (with an additional year for certain property with a longer production period),» adds McCuller.
thanks, and yes, a pittance of a pension and regular checkups keep us on budget and head off any problems — best decision i ever made (financial or otherwise) was serving our country doing search - and - rescue, oil and chemical spill remediation, etc. (you can guess the branch of service)-- along the way, frugal living, along with dollar - cost averaging, asset allocation, and diversification allowed us to retire early — Vanguard has been very good over the years, despite the Dot Bomb, 2002, and the recession (where we actually came out better with a modest but bargain retirement home purchase)... it's not easy building additional «legs» on a retirement platform, but now that we're here, cash, real estate, investments and insurance products, along with a small pension all help to avoid any real dependence on social security (we won't even need it at full retirement age)-- however, like nearly everybody, we're headed for Medicare in several years, albeit with a nice supplemental and pharmacy benefits — but our main concern is staying fit, active, and healthy!
This year, four of our awesome job seeker savings partners have generously offered their products and services for our grand prize, and we're throwing in an additional prize.
An additional 25 % of your original balance can be forgiven for your third year of service.
The contract is valued at approximately US$ 60 million and includes an option for five additional years of maintenance services.
And finally, employees with at least 15 years of service may be eligible to make additional contributions to their 403 (b) plan beyond the regular catch - up for those ages 50 and older.
GBST (GBT), a Fund investment which makes software for financial services clients, surprised the market in August by announcing that its products would need an additional $ 50m of «investment» over the next three years.
Since the end of last year, we've purchased shares in what we'd consider good businesses with growth opportunities in the UK and Australia; additional shares in a couple of mining services companies as tax selling and a further decline in sentiment drove down prices; and a couple of Hong Kong - listed companies with decent businesses and real estate portfolios.
Note that some 403 (b) plans may permit eligible employees who have 15 or more years of service to contribute up to an additional $ 3,000 per year, up to a lifetime maximum of $ 15,000.
Fifteen percent of the loan will be canceled for the first and second years of service; an additional 20 % per year is eligible for forgiveness in years three and four, and up to 30 % can be canceled the fifth year.
Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.
The Immigration and Naturalization Service seems to have found additional ways to stall, pass inequitable regulations and judge cases so harshly that even those who have some slight hope of making it into the meager allotment from Africa will not get processed during fiscal year 1990.
«We've proven for nine years that we can service a distant franchise community and because of our sustained success, now is a great time to pursue additional expansion of our brand through franchising.»
Jacobs said she is taking advantage of the Illinois Municipal Retirement Fund's Early Retirement Incentive program, through which she will receive credit for an additional five years of service and five years toward the retirement age of 62.
These additional health care services cost the managed care health system between $ 331 and $ 475 per never - breastfed infant during the first year of life... In addition to having more illnesses, formula - fed infants cost the health care system money.
Earlier this year, after coming under pressure on the issue, the government announced a package of measures to help tackle the problem, including additional funding for services.
«Most importantly, Nigeria is presently servicing debt with about 25 per cent of its annual budget and what will happen to the economy in 2017, when the country will begin to service the additional debt to be incurred this year is better imagined than experienced.
«The funds were spent in 2013 on a grassroots effort to support the use of polystyrene foam food service packaging and there are no plans to spend any additional money this year,» said ACC spokesman Andrew Fasoli.
These charges were made about one year after the Metropolitan Police Service reopened its dormant investigation into phone hacking, [259] about three years after the then Assistant Commissioner of the Metropolitan Police Service told the Commons Culture, Media and Sport Committee that «no additional evidence has come to light,» [56] five years after News International executives began claiming that phone hacking was the work of a single «rogue reporter,» [260] ten years after The Guardian began reporting that the Met had evidence of widespread illegal acquisition of confidential information, [261] and 13 years after the Met began accumulating «boxloads» of that evidence but kept it unexamined in bin bags at Scotland Yard.
The measure is designed to provide up to three years of additional pension credit for an expanded pool for state and local government employees with military service.
Library Funding Council Member Jimmy Van Bramer has requested an additional $ 65 million for libraries, arguing that the need for library services is growing and that funding is below levels of several years ago.
The deal does not include any money for the Metropolitan Transportation Authority — which is grappling with a service crisis driven by years of deferred maintenance — or authorize additional areas in the city where speed enforcement cameras can be used.
The expansion of ferry service will cost the city an additional $ 4.9 million each year and will be included in Mayor Bill de Blasio's executive budget, to be presented on Thursday.
Current law prescribes only veterans who have served in specific conflicts receive up to additional three years of service credit in the pension system.
Last year, the City Council approved a bill that increased service and the first phase of the plan started in May adding 26 additional trips to cut out hour waits during the weekends.
«Our actions build upon the landmark legislation Governor Cuomo signed into law last year and this year's investment of over $ 200 million in additional support for prevention, treatment and recovery programs which address chemical dependency, expand residential service opportunities, and promote public awareness and education.
[11] Rather than limit investment in other needed services to pay for the circuit breaker, the state should generate additional revenues by fixing some of the problems related to last year's corporate tax reform, eliminating or scaling back many of the state's smorgasbord of business tax credits, rejecting the proposed Education Tax Credit, and limiting the increase in the estate tax exemption.
All provisions of the Poloncarz Administration's March 29 proposal will be implemented and all of the following CPS positions will receive an additional $ 1.75 per hour «CPS retention pay differential» for hours worked if they were not previously receiving an upgrade in the March 29 Poloncarz Administration proposal and have at least three (3) years of experience in CPS: Senior Child Protective Worker or Social Caseworker II (Job Group 10), Child Protective Team Leaders (Job Group 11), Child Protective Coordinators (Job Group 12), and Administrator Director - Services and Director of Child Protective Services (Job Group 13).
«The original contract provides for an additional year of service at no cost to the taxpayers,» he said of CG - 3PL's $ 4 million pact, which has already been fully paid.
These additional funds will benefit libraries that failed to meet New York State minimum standards this year and other libraries whose hours of service were reduced to levels that can only be described as unacceptable.
The budget agreement also includes an additional $ 22 million in funding for the city's district attorneys; $ 21 million a year in baselined funding to continue six day service at libraries; $ 1.8 million of baselined funding for senior citizen case management; and $ 5 million for the Emergency Food Assistance Program.
His reference to the payment being for «services last year» raises additional questions of what work those lawyers have performed in the past 6 1/2 months.
During the meeting, Borough President Katz also noted the one year anniversary of the Jamaica NOW Action Plan's April 15, 2015 launch and outlined major milestones of the Jamaica NOW Action Plan in the past year, including the activation of the Bronx - Flushing - Jamaica Q44 Select Bus Service that serves 44,000 New Yorkers daily; the newly - restored paths at Rufus King Park that are part of the first phase of the Park's major capital improvements; redesigned storefronts of local businesses along Sutphin Boulevard (with more on the way); a $ 138,000 «Building Community Capacity» grant toward the formation of the Jamaica Arts Alliance; the release of an RFP to activate the 168th Street Garage into a new, mixed - use development, with the City to announce the winning bid shortly; the launch of the «Jamaica Avenue Streetscape Improvements» study to determine the cost and scope of additional seating, increased plantings and improved pedestrian circulation in the area; and free public Wi - Fi on track by July in the Downtown Jamaica Corridor, the first area in Queens to host LinkNYC.
In recognition of pressures on social services, grant funding for social care will be increased by an additional # 1bn by the fourth year of the spending review, and a further # 1bn for social care to be provided through the NHS to support joint working with councils «so that elderly people do not continue to fall through the crack between two systems».
The University of Bayreuth is intensifying its international strategy with respect to Australia: the German Academic Exchange Service has now approved funding for the «Bayreuth - Melbourne Polymer / Colloid Network» for an additional two years.
«With the opening of this new wing of the Admissions Building, we are significantly improving access to mental health care by being able to provide services to an additional 1,000 patients and their families each year
We expect that by the first quarter of next year, we'll take the service to an additional 60,000 locations internationally, beginning with Canada and then moving into Europe.
Most services offer digital messaging, while others provide additional services such as webcasts, online chat, telephone chat (VOIP), and message boards.In Eastern Europe, popular sites offer full access to messaging and profiles, but provide additional services for pay, such as prioritizing profile position, removing advertisements, and giving paying users access to a more advanced search engine.Such sites earn revenue from a mix of advertising and sale of additional options.The stigma associated with online dating dropped over the years and people view online dating more positively.The 2016 Pew Research Center's survey reveals that the usage of online dating sites by American adults increased from 9 % in 2013, to 12 % in 2015.
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This ERI, called the «5 +5,» allowed employees to buy up to an additional five years of age and service credit.
The Chicago school board has agreed to hire hundreds of additional teachers and other employees in order to end a four - year dispute with the U.S. Education Department over the quality of the school system's services for handicapped pupils.
The fee for employees was 4 percent of the highest annual salary for each of the additional years of age and service purchased; the fee for employers was 12 percent of the employee's highest annual salary for each year purchased.
SchoolMoney's price plan allows for unlimited transactions without any transaction or service fees, which «allows schools to budget for the year and be as flexible as they wish when parents pay online without the worry of any additional fees for the school or parent,» Bennett said.
By working just one additional year and reaching her 30th year of service, she can receive 7 additional years worth of pension payments.
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