But the trend toward later retirement and other recent changes, like promoting private pensions, will still not cover the assumed increase in liabilities as the working population shrinks and the number of retirees climbs.
The recourse to external funding to sustain the rise of credit that led to an unprecedented increase in liabilities with respect to the rest of the world, and the lack of anticipation by policy-makers, both with national and international responsibilities, of the consequences of excessive accumulation of external debt.
The seven-month rally in stocks has been strong enough to outstrip the rise in liabilities, and according to statistics compiled by the asset management arm of Bank of New York Mellon, the funding status of the typical U.S. pension plan got a.6% boost in September thanks to rising asset values, driven by the rising stocks around the world and outpacing the increase in liabilities.
The Clinton administration says that an increase in liability has not been seen in states with mandatory reporting and contends that reducing errors would decrease litigation.
Ray Aragon, Will O'Brien, Suzan Onel, Dietary Supplement Makers, Sellers: Guard Against an Increase in Liability Suits, Product Liability Law and Strategy, (April, 2000).
The vagueness of the standards and the risk of an increase in liability at every level of the administrative process have a powerful coercive influence.
In addition, new taxes on wealthy investment managers would not be imposed, along with an increase in liability taxes on oil companies, leading Democrats to contend that Republicans were protecting Wall Street and the oil industry.
For example, a provider who perceives an increase in liability exposure could order more tests for insured patients, see fewer patients with specific health issues, or even exit the geographic market altogether.
His wealth decreased by nearly $40 million, mostly due to a $25 million increase in liability from a new UBS credit line and a $13.7 million decrease in his assets.
In his column (Editorial Pages, June 10), "Craze for Liability Lawsuits Is Expensive, and We All Pay," Ernest Conine bemoans the increase in liability insurance premiums and points his finger at the judicial system as the cause.
We conclude that germline defects in HNPCC do not result in a generalised increase in liability to mutation in normal colonic mucosa but that a second, somatic, event is required.
