Sentence examples for mfr from inspiring English sources

The law obliged companies to pay existing pensioners in full and forbade them from emptying their pensions pot below a so-called minimum funding requirement (MFR).

Among other things, the Minimum Funding Requirement (MFR), which in effect obliges pension funds to invest in gilts and quoted equities, will come under the Myners lamp.

Some of the bounce resulted from a rebound from the harsh winter that suppressed activity in the housing market and at factories in the Northeast, said Joshua Shapiro, an economist at the research firm MFR.

Crucially, it states that the present value of future liabilities must be calculated by using the yield on long gilts as a discount rate.The MFR does not tell pension funds to buy gilts; but, by taking its reference rate from gilts, it makes all other investments risky.

Indeed, the MFR might have unleashed even more of a stampede into gilts, had the bull market of recent years not put many pension funds into surplus.

Broadly, says Peter Tompkins, one of the actuaries involved, regulators have three options: to do nothing; to relax MFR rules on reference rates; or to follow the American example.This final possibility may come as a surprise to Americans.

"It's a very, very grudging labor market," said Joshua Shapiro, chief economist for MFR Inc. "A growing amount of evidence now points to this recovery taking a long time".

Buyers in California had rushed to take advantage of a state tax credit of up to $10,000 on new home purchases at the end of the month, said Joshua Shapiro, chief United States economist for MFR Inc.

This was probably the result of rebuilding from Hurricane Sandy, unseasonably warm weather that led to fewer work stoppages and the nascent housing recovery, said Joshua Shapiro, chief United States economist at MFR. Retailing, health care and the wholesale trade also added positions in January, while the government again shed jobs.

"Financial distress on the part of many households, ongoing labor market weakness and vicious competition from an enormous overhang of existing homes all point to a very tough slog for home builders in the months and quarters ahead," said Joshua Shapiro, the chief United States economist for MFR Inc.

"Even the wild-eyed optimists out there have nothing to grasp onto in this report except to say, 'Ah, this too shall pass,' " said Joshua Shapiro, chief United States economist at MFR Inc.