Following Arcadia's announcement of a company voluntary arrangement (CVA) this month, TPR said the proposed attempts to cover the pension shortfall
were not sufficient.
That is what they are thinking of doing in the state of Illinois to make up a $130-billion pension shortfall
Croessman said the reason many area communities have had to increase property taxes is because of a $62,811 pension shortfall
. That shortfall is due to the state making conservative changes to actuarial assumptions such as increasing life expectancy and decreasing investment returns.
People heading for a state pension shortfall
can potentially top it up by making voluntary contributions
The Commons Work and Pensions Committee have revealed the collapsed firm's pension shortfall
could be up to PS990million, almost double the claimed PS590million.
Reports in the UK, suggest consultancy firm EY is on standby should the talks on Carillion's ability to finance the debt and an additional pension shortfall
of $800 million stall.
Kate Brown's special task force on reducing Oregon's public pension shortfall
released its final report on Wednesday.
Supreme Court is expected to announce in the coming weeks whether it will wade into this ongoing controversy, in which plaintiffs claim that more than 250,000 hospital workers face a pension shortfall
of nearly $4 billion.
As Sir Philip came under fresh pressure last night to plug the pension shortfall
, which has put the retirement incomes of 22,000 former staff at risk, he was slammed by a veteran BHS employee.
Essar's pension shortfall
was more than $500 million.
In New York, the pension shortfall
is $14,302 per household, while the OPEB shortfall is $22,857.
The public pension shortfall
has resulted from decades of underfunding.