Category: nfyactcp

Insurer loses its reserve on Optas assets

first_imgDutch port workers and insurer Aegon have reached a settlement following a seven-year dispute about reserved assets of the former pensions provider and commercial life insurer Optas Pensioenen.In 2007, Optas Pensioenen was acquired by Aegon from Optas Foundation in a €1.5bn transaction.Although the reserved assets – €770m at the time, and included in the deal –  were earmarked for pensions, there was no legal obligation to spend the assets.For the past six years, employers and workers have jointly worked to reclaim the pension assets from Aegon. Under the motto “Put the money back”, and with the support of local unions, they staged demonstrations in the UK, the US and Australia.Following the settlement, Aegon said it and the lobbying foundation for pensioners in the transport and port sector (SBPVH) would jointly request the court to free up the reserved assets.Aegon will contribute €80m in a one-off payment to improve the pensions of 8,000 port workers, whose pensions are still insured with Aegon.In addition, the insurer will offer an attractive rate for pension contribution and also contribute €20m as a compensation for decreased pensions accrual as a result of possible changes caused by the new financial assessment framework (FTK), said Aegon. According to the SBPVH, the attractive rate consists of an additional 6.5% accrual on the purchase of annuities. It added that the €20m would be available as a contribution in a new net pension savings product, for which the employer would pay tax in advance.Niek Stam, chairman of SBPVH, said he was satisfied with the result. “Combined with the €500m from the settlement with the Optas Foundation in 2010, the agreed amount comes close to the initial value of the reserved assets,” he commented.He added that both the participants council of Optas Pensioenen as well as employers and workers in the port sector must approve the deal first, but was confident the stakeholders would agree.The remaining €1bn of the initial purchase amount stayed with the Optas Foundation, since renamed as the Ammodo Foundation.On its website, the Ammodo Foundation says its aim is to support international art and science projects.last_img read more


September 29, 2020 0

Big cannabis: Should pot be legal? A debate

first_imgRadio NZ News 19 December 2018New Zealanders are to be given the final say on whether personal use of cannabis should be legal. The question will be put in a binding referendum to be held at the 2020 general elections. To get two very different takes on the subject we have Sandra Murray, spokesperson from the Cannabis Referendum Coalition, and Bob McCoskrie, director of Family First.last_img


September 27, 2020 0

PAL’s Manila-Antique flights start June 28

first_img“We just have to meet the 90 percent load of the 86-seater airplane,” dela Cruz said after his meeting with Gov. Rhodora Cadiao at the Capitol on June 23. The availability of the flights depends on whether the number of passengers would reach the required load or not. SAN JOSE, Antique – The Philippine Airlines (PAL) will resume its Manila to Antique flights on June 28, provided it meets the load requirement. PAL Iloilo branch manager Ricky dela Cruz said the management would open its operations from the Ninoy Aquino International Airport (NAIA) Terminal 2 in Manila to the Antique Airport in this capital town. According to dela Cruz, the 90 percent load of an airplane would be equivalent to 78 passengers. The first flight would take off at the NAIA 2 between 9 a.m. and 10 a.m. on Sunday.center_img Dela Cruz said the flights would be considered special ones because unlike in other airports, the passengers of the Manila-Antique flights would not be limited to locally stranded individuals (LSIs) and overseas Filipino workers (OFWs) only.“The PAL flights in Antique are special because the province is willing to let people not necessarily LSIs or OFWs to take the flights,” said dela Cruz.Cadiao, for her part, said that as long as the passengers could present a certificate from their respective municipal health offices and a travel pass from their police stations, they could take the PAL flights to Antique.“We will also not be requiring those arriving in Antique to be quarantined,” she said.According to Cadiao, the Antique Provincial Tourism Office (APTO) would facilitate the inbound passengers.“The APTO will call the local government units (LGUs) about the arrival of their respective residents,” she said.Meanwhile, passengers who will proceed to nearby provinces after arriving in this province would have to take public utility vehicles if their respective LGUs would not fetch them.This province’s airport was closed during the implementation of the enhanced community quarantine starting March 16 to curb the spread of coronavirus disease 2019.PAL, the lone aircraft carrier providing commercial flights to this province before the lockdown, used to fly from Clark to Antique and vice versa.Dela Cruz, however, said since Clark Airport is still not open for domestic operations, they are temporarily flying from NAIA Terminal 2 to Antique.(With a report from PNA/PN) A Philippine Airlines (PAL) flight lands at the Antique airport in San Jose town in this undated photo. PAL-Iloilo manager Ricky dela Cruz said the airline would resume its Manila-Antique flights on June 28 if the load requirement of 78 passengers would be met. PNA “The same number of passengers is expected to be flown to Manila,” he added.last_img read more


September 25, 2020 0

Area Girls Golf Sectionals Results

first_imgThe 2015 Girls Golf Sectionals took place at Greensburg and Richmond an Saturday, September 19th.At The Greensburg Sectionals, Columbus North was the Team Champions with a score of 309.  Columbus East placed 2nd with 360 and the host Lady Pirates finished 3rd with 358 and qualifies for The Regionals.  East Central was 4th, Batesville 5th, Oldenburg Academy 6th, North Decatur 7th, South Ripley 8th, South Decatur 9th, Rushville 10th, Jac-Cen-Del 11th, and Milan 12th.Skylar McMahon of East Central, Mackenzie Black of South Ripley, and Lydia Walterman of South Decatur have individually qualified to The Regionals.2015 Greensburg Girls Golf SectionalsAt The Richmond Sectionals, the host Lady Red Devils were Team Champions with a score of 337.  Hagerstown placed 2nd with 366.  Franklin County finished 3rd with 370 and is Regional bound.2015 Richmond Girls Golf SectionalsThe Girls Golf Regionals will be taking place on Saturday, September 26th at Indianapolis Lapel’s Edgewood Golf Course teeing off  9 AM.Courtesy of the IHSAA.last_img read more


September 24, 2020 0

Bonnie J. Benham, 76

first_imgBonnie J. Benham, 76, of Osgood passed away at 11:30pm Tuesday, May 30, 2017 at her home. She was born at Springfield in Washington County, Kentucky on February 10, 1941 the daughter of Nelson and Catherine Bunch Holman. She was married to Dale Benham on February 3, 1957 and he preceded her in death on January 18, 2011. Survivors include one daughter Beverly Tebbe of Batesville; four sons Raymond (Peggy) Benham, Kenneth (Tonya) Benham, Greg (Marisa) Benham, and Tim Benham all of Osgood; 14 grandchildren and 17 great-grandchildren; one sister Linda Colvin of Jeffersonville. She was also preceded in death by her parents and her brother Leon Holman. She was a homemaker and a member of the Hope Baptist Church at Dillsboro. Bonnie’s uncle Floyd Bunch was a bluegrass musician and through him Bonnie had become a personal acquaintance of country music and bluegrass stars Keith Whitley, Ricky Skaggs, Ralph Stanley, and Doyle Lawson. Funeral services will be on Saturday, June 3rd at 10:30am at the Stratton-Karsteter Funeral Home in Versailles with Bro. Michael Miller of the Cedar Creek Community Church officiating. Burial will be in the Benham Cemetery. Visitation will be Friday from 5pm to 8pm. Memorials may be given to Rescue 69 or the Benham Cemetery in care of the funeral home.last_img read more


September 24, 2020 0

Update on the latest sports

first_imgUpdate on the latest sports Associated Press UNDATED (AP) — The NHL says only two players tested positive for COVID-19 during the first five days of training camp last week.The league, in consultation with its players, is not revealing the identity of players who test positive, or their teams. The two players who tested positive are self-isolating per national and local health protocols.A total of 2,618 tests of more than 800 players from July 13-17 were done by the league. Training camps opened July 13, with 24 teams preparing to compete in an expanded playoff format in Toronto and Edmonton, Alberta, starting on Aug. 1.Teams are scheduled to travel to both hub cities on Sunday.The NHL reported it had 33 players test positive during the period after the league paused its season in March to the start of camps. In other NHL news:—New York Rangers forward Brendan Lemieux has been suspended by the NHL for the first two games of the team’s preliminary-round series against Carolina because of an illegal check that injured Colorado forward Joonas Donskoi in March. The NHL waited until return to play guidelines were in place before making a ruling. The suspension means Lemieux will miss the first two games of the Rangers’ best-of-five series against Carolina, which opens in Toronto on August 1.MLB-BRAVES-CHOP SIGNBraves remove ‘Chop On’ signATLANTA (AP) — The Atlanta Braves have removed a “Chop On” sign that sat near an entrance to Truist Park as the team considers its stance on fans’ tomahawk chop chant. July 20, 2020 The removal of the wooden sign came as the team changed its slogan from “Chop On” to “For The A” for the 2020 season. The team’s stance on the chant has been watched closely since last year’s NL Division Series. St. Louis Cardinals pitcher Ryan Helsley, a member of the Cherokee Nation, said he found the chant insulting. The Braves said they would continue to examine the chant after the season, and that process continues.In other MLB news:—Major League Baseball has doubled the isolated camera angles available for video review from 12 to 24 and arranged for high-frame rate cameras to stream directly to the new replay operations center and ballpark video rooms. The time each manager has to decide whether to challenge an umpire’s call has been cut from 30 seconds to 20. — Dr. Anthony Fauci, the country’s top infectious disease expert, will throw out the ceremonial first pitch at the first game of Major League Baseball’s pandemic-delayed regular season. The Washington Nationals announced Fauci accepted the team’s invitation to have the pregame honor Thursday. He is a self-described fan of the reigning World Series champions. The Nationals host the New York Yankees to open the season nearly four months after it originally was scheduled to begin. But it could be quite a while before they get on the field for training camp. All players must test negative twice before they are admitted to the facility, then they will spend a couple of days doing the more routine physicals and getting their equipment sorted out. Veterans are due July 28, and coach Andy Reid said it could be 10 days after that before full practices begin.NFL-JETS-GIANTS-FANSNo fans at Jets or Giants gamesEAST RUTHERFORD, N.J. (AP) — The New York Jets and Giants announced they will not have fans at home games this season “until further notice” because of the coronavirus pandemic.center_img HORSE RACING-LOS ALAMITOS-PROBATIONCalifornia racetrack off probation after new safety plan approvedLOS ANGELES (AP) — Los Alamitos is off probation after the California Horse Racing Board approved its plan to address injuries and deaths at the Orange County track. The board voted 6-0 to allow Los Alamitos to continue operating. The track had been on a 10-day probation and under threat of losing its license that runs through Dec. 22. The board says 21 horses have died from racing or training at the track in 2020, including 10 since May 26. Track owner Ed Allred told the board his group will do everything possible to improve in the future. TORONTO (AP) — The Toronto Blue Jays are talking to the Pittsburgh Pirates about sharing a major league ballpark this season after Canada’s government barred them from playing in their home stadium amid the coronavirus pandemic. Pirates President Travis Williams confirmed the talks and sounded ready to welcome the Blue Jays. Williams calls it a challenge but says if the Pirates are able to safely accommodate the Blue Jays, it will bring international attention to Pittsburgh. Blue Jays general manager Ross Atkins says the team is focused on getting into a major league facility and has more than five backup plans.VIRUS OUTBREAK-NHLTwo players test positive during early days of training camp Share This StoryFacebookTwitteremailPrintLinkedinRedditNFL-TESTING POLICY NFL players to be tested daily for COVID-19 first 2 weeksUNDATED (AP) — NFL players will be tested daily for the coronavirus for at least the first two weeks of training camp per the league’s new testing protocols. The teams, who play at MetLife Stadium in East Rutherford, New Jersey, and have separate training facilities in the state, released a joint statement Monday after Gov. Phil Murphy announced an executive order limiting outdoor public gatherings to 500 people.The Jets and Giants say the decision to not have fans – at least for now – was reached after discussions with Murphy, with the health and safety of fans, players and staff being considered.The teams also announced that “out of an abundance of caution,” fans will not be able to attend training camp practices this summer.VIRUS OUTBREAK-MLB-BLUE JAYSBlue Jays talk to other teams about sharing ballpark The NFL and the players’ union reached an agreement as rookies for Houston and Kansas City were set to report to camp Monday. Rookies for other teams begin arriving Tuesday. Dr. Allen Sills, the NFL chief medical officer, said more than one negative test is required before players initially enter the building to begin physical exams or any form of team activity. NFL-CHIEFSChiefs won’t take the field for a whileKANSAS CITY (AP) — The Super Bowl champion Kansas City Chiefs began the intake process for first-year players Monday after the NFL gave them the go-ahead along with the Houston Texans, their opponent in the season opener Sept. 10. last_img read more


September 18, 2020 0

Crew house operational for start of 2005 season

first_imgAfter a lengthy semi-nomadic existence, the University of Wisconsin men’s and women’s crew teams have finally found a home.The program moved in late March into its brand new crew house, located on the shore of Lake Mendota in the heart of the Lakeshore dormitory area. The UW Crew House is not simply a roof over the rowers’ heads — which would, by itself, be welcome after the past year-and-a-half — but perhaps the most impressive and state-of-the-art facility in the country.“All the top boathouses in the country have something that is neat that makes you go, ‘Wow, wish I would’ve thought of that,’ but overall we have the best that I’ve seen, no question about that,” men’s head coach Chris Clark said.Wisconsin’s new crew house has many features worthy of note. The most novel and interesting of these will be the innovative indoor rowing tank. The tank includes two sets of 12 seats, replicating a pair of boats with adjustable current for simulating real conditions. The facility will be invaluable in the winter for the crew teams to get practice in a real rowing environment, as opposed to the ergometer, a one-man-only rowing machine that is less than beloved by the members of the team.“It’s gonna be huge. It will be for team training and individual stuff. It will be a real big advantage, because it gets pretty dull being on [the ergometers] all the time,” Clark said. “The tank will be considered like a dessert to the meat-and-potatoes operation in here during the winter.”The massive size of the crew house finally allows the teams to be able to practice comfortably, instead of the cramped practice areas they have had in the past. More than 150 ergometers will be able to fit in the practice room, which is fitted with movable glass partitions to separate the different teams in the case they are practicing simultaneously.The new crew house also has more than enough storage space, potentially being able to house 200 different craft, more than the team even has in its possession.“It’s one of the biggest in the country, but very self-contained. We don’t have to go anywhere else to do anything,” Clark said.Other features include a conference room, observation deck, spacious locker rooms capable of housing both the men and the women, and a training room.All in all, the crew house has been receiving rave reviews, especially from those who have had to endure the transition from the UW Boathouse, which was demolished in the fall of 2003. Since then, UW has had to practice outdoors in tents (even in the winter) and in the UW Field House.“It was so bad for the last few years, the finishing years of the old boathouse and the construction here; it was so bad,” Clark said. “It was really crowded, dark, dank, dirty and smelly. We were in the Field House a lot of the time, and it was really nice for the volleyball team to allow us to work in there, because it is kind of their home turf, but it stunk. We didn’t want to be in there anymore. And then the tent … we (the coaches) tried to pretend that the tent was kind of neat, in a Boy Scout kind of way, but it was terrible.”The only downside was the group of seniors who graduated last year had to suffer the harsh times and never were able to reap the rewards the team is now.“I just feel sorry for the guys that have graduated in the last year or so, but the sophomores have never had a space at all, so it is a very exciting and new experience for them,” Clark said.The UW Crew House will pay immediate dividends for the Wisconsin crew program, as it has already improved the times of the team members and will surely be an invaluable tool in the recruiting of higher-caliber athletes.“It’s good for recruiting,” Clark said. “It’s huge. A lot of people don’t notice this, but we are right in the heart of campus and a lot of boathouses aren’t. You can see the closest dorm out here is about 20 feet away.”Having a home is all the crew teams really wanted, and in the gorgeous new crew house, the Wisconsin crew program certainly got more than it bargained for.last_img read more


September 17, 2020 0

Last time they played: Clemson eliminates Syracuse from 2007 NIT tournament

first_img Facebook Twitter Google+ Wednesday, March 21, 2007Clemson 74, Syracuse 70Trailing by 17 points with just under eight minutes left, Jim Boeheim turned the game into a foul-shooting contest — Clemson’s biggest weakness.And it almost worked.“If we had two more minutes, we would have won,” Syracuse forward Demetris Nichols told The Daily Orange after the game.The Tigers began to prove why they shot 58.8 percent from the free-throw line going into the game, and Syracuse whittled away slowly but surely. The deficit was cut to one with 19 ticks on the clock, but Clemson (24-10) manned up to make its foul shots and keep the Orange at bay. The result was a 74-70 Tigers victory in Clemson, S.C., that knocked Syracuse (24-11) out of the NIT on March 21, 2007 and ended the Orange’s season. AdvertisementThis is placeholder textAfter the first half ended, Boeheim was handed a technical foul for arguing with the referees. That’s how poorly the first 20 minutes went for SU — it made mistakes even with no time on the clock.“I was talking to one guy and the other guy called a technical,” Boeheim said. “He told me that I can’t stay there and talk to the other official at halftime. The guy I was talking to can give me a technical if he thinks I need it. I was just talking to him about the call.”The Tigers took an 11-point lead going into halftime behind 58.3 shooting percentage from 3-point territory. K.C. Rivers spearheaded the effort with 21 points on 4-of-7 shooting from 3, including a desperation heave as the shot clock expired late in the half.“They made some tough shots against our defense,” Boeheim said. “Those things happen. Teams bang 3s. When the shot clock is running out they throw it in from seven or eight feet behind the line. When those things happen, that’s part of the game.”In the first 10 minutes of the second half, the Orange never drew closer than 11 and then found itself down by 17 after a Raymond Sykes dunk at the 7:48 mark.Boeheim called for a 20-second timeout.“When you are 17 down, you have to get eight or 10,” Boeheim said. “You can’t let the clock go down to two minutes and expect to come back.”Out of the timeout, SU fought back. A 12-2 run made it a 60-53 game with four minutes remaining as Clemson went nearly three minutes without scoring, misfiring on four field goals and three free throws. After James Mays completed a three-point play to push the Tigers’ lead to 10, Syracuse embarked on another run. Terrence Roberts responded with six points unanswered, and SU hit five free throws to draw within two with 1:28 left.Mays hit 1-of-2 from the charity stripe — making Clemson’s record four of its last 10 from the line — and SU guard Eric Devendorf’s left-handed layup with 1:04 remaining slashed the lead to one point. After the Tigers cleaned up their own miss with a putback, Nichols came up with a basket to draw the Orange back within a point. Nineteen ticks on the clock.Devendorf fouled Rivers, in hopes that the Tigers’ struggles at the line would persist. Not the case. Rivers sank both. And at the other end, Josh Wright missed a 3 with 11 seconds left that would’ve tied the score. Clemson hit three more free throws, and SU’s season was done.“We have been in these situations a couple times this year and got back,” Boeheim said. “These guys have battled all year. It was just disappointing that we did not play harder earlier.”–Compiled by Phil D’Abbraccio, asst. copy editor, pmdbra@syr.edu, @PhilDAbb Comments Published on February 7, 2014 at 12:51 amlast_img read more


September 17, 2020 0

Guardian helmet caps help Syracuse practice more safely in 1st year of use after drawing confused initial reactions

first_img Facebook Twitter Google+ Published on October 29, 2014 at 12:31 am Contact Jacob: jmklinge@syr.edu | @Jacob_Klinger_ The Guardian helmet caps looked weird. They made practice hotter. And the first time Syracuse players saw them in spring practices earlier this year, they were confused.“I thought they gave our helmet an afro or something,” senior nose tackle Eric Crume said. “I was like, ‘Man, what is that?’“… The first thing I thought was ‘These summer practices are going to be real hot with these black things on our helmets.’”They were. But they also absorbed the shock of head-to-head collisions and softened helmet-to-body hits. SU has 80-100 of the soft-shell helmet covers that offensive coordinator Tim Lester helped bring to Syracuse after introducing the product to Elmhurst College in 2012 as the Bluejays’ head coach.Syracuse is among 12-15 college programs around the country that have purchased the protective foam helmet covers, said Matt Simonds, national sales coordinator for Guardian Caps. When sold in bulk to programs, each cap costs around $45-50, Simonds said. He estimated that SU paid $3,500-$5,000 for its supply of the helmet covers.AdvertisementThis is placeholder text“At first I thought they looked a little silly, but they really help and in practice you can definitely tell the difference,” senior wide receiver Jarrod West said.The Guardian helmet covers amuse Orange players and they left an eerie silence on the practice field the first time SU trained with them. Throughout game days and pre-game warmups, Syracuse players said they feel lighter with the covers off and football hurts a little less now with the caps that are designed to cut down on all injuries, not just to the head. The helmet covers can absorb up to 33 percent of impact, according to the company’s website.Guardian began pitching the products to the Orange coaching staff in January of 2013 at the American Football Coaches Association conference in Nashville, Tennessee. It started a review process that included conversations with SU’s head football trainer, Denny Kellington and the team’s equipment manager, Jim Schlensker, who ultimately ordered the caps, Simonds said.“My whole approach there was, ‘Better safe when you have an opportunity to create a more safe environment, why not?’” SU head coach Scott Shafer said.Throughout his career, he said, “a loud practice meant a physical practice.” On the team’s first day working with the caps, practice was quiet, which for Shafer was strange. The Orange was still having physical practices, but Shafer just didn’t know it until he watched practice film, he said. When he did, he also thought it looked the entire team had afros on their helmets.The extra material — the caps weigh about seven ounces — slightly slowed the players, but West said he felt less shock in collisions.And on game days, the players said they feel quicker with the weight removed.In wearing the caps, Syracuse joins programs like Clemson, Florida, Boston College and Oklahoma, which have all ordered the caps. They’ve been available since 2011 and with Lester since 2012, when he was at Elmhurst.Though the Guardian caps are approved for high school game use, they aren’t customizable to the point where they could be used in college games. Customizable helmet covers will be available in 12-18 months, Simonds said, but in the meantime they are only available in black, red, silver, gold and what he called “air force” blue and grey.Said Lynch: “I’ve felt a difference. It feels good. It’s not really more of like a — it prevents concussions, so it’s a good feeling knowing that our heads are protected.” Commentscenter_img Related Stories After player’s scary concussion, Elmhurst College football team begins using padded helmet caps in hopes of limiting head injurieslast_img read more


September 17, 2020 0

Syracuse takes season opener over Vermont, 4-3, in overtime

first_img Facebook Twitter Google+ One year after Syracuse missed the NCAA tournament for the first time since 2007, the Orange were minutes away from losing their 2019 season opener to unranked Vermont.But with six minutes left, freshman Charlotte de Vries whacked her stick at the ball as it rolled away from the opposing goal. As she faced away from the cage, the ball flew into the top left corner, tying up the game.That was de Vries’ first of two goals as No. 18 Syracuse (1-0) defeated Vermont, (0-1), 4-3. The Orange, for the second-straight year, defeated the Catamounts by scoring four goals. Yet last year, the Orange only allowed one goal.SU struck first only minutes into the game. Junior Carolin Hoffmann scored after a scrum near the cage, but the Catamounts quickly struck back with back-to-back goals.In a see-saw battle that saw three lead changes, the Catamounts held the lead for most of the game. Syracuse trailed 3-2 at the end of the first half. That score would hold into the fourth quarter, until de Vries fired home her first goal of her career, sending the game to overtime.AdvertisementThis is placeholder textThen, a few minutes after the end of regulation, de Vries struck again.Weaving her way through the defense, the freshman from Conestoga High School (Pennsylvania) saw an opening past Vermont goalie Sierra Espeland. She switched the ball to the left side and backhanded a shot into the bottom right corner, completing the comeback for the Orange.Syracuse takes on UMass Lowell on Sunday at 1 p.m. in its second-straight road game to begin the season. Comments Published on August 30, 2019 at 6:47 pm Contact Adam: adhillma@syr.edu | @_adamhillmanlast_img read more


September 16, 2020 0