Pension fund for Consumentenbond narrows merger candidates to two

first_imgThe chairman said SPC’s ultimate choice could also be a hybrid arrangement split across a pension fund and an insurer, “if this were in the interest of groups of participants”.He stressed, however, that the pension fund aimed to keep its current collective defined contribution plan intact for as long as possible.This year, SPC was forced to cut the annual pensions accrual from 1.75% to 1.57%, as the initial accrual rate grew too expensive.However, Bakker suggested that a merger with PGB or PNO Media, due to their relatively low implementation costs, would allow SPC to reverse the accrual cut as early as 2016.Last spring, the pension fund of the Consumentenbond announced that it was considering liquidation, with its chairman citing surging financial and administrative costs.He also highlighted the problem of board continuity, pointing out that four of the six board members were older than 60, and that he had decided to step down at the end of this year after 10 years at the helm. SPC, the €70m pension fund of Dutch consumer association Consumentenbond, has narrowed the number of potential merger partners to two – the sector-wide scheme for the printing industry PGB and the industry-wide pension fund PNO Media.Chairman Rob Bakker, in a letter to participants, said the €20bn PGB and the €5bn PNO Media were both “attractive” candidates for the continuation of SPC’s current pension arrangements.He said both had close ties with corporate publishing – one of the core activities of the employer – as well as an investment strategy similar to SPC’s.Bakker said his pension fund also requested quotes from insurers Aegon, Nationale Nederlanden, Delta Lloyd and Centraal Beheer Achmea for taking over SPC’s pensions plan.last_img read more

Area Boys Basketball Scores

first_imgWRBI Area Boys Basketball Scores.Tuesday (2-24)Madison  74     South Ripley  70East Central  61     Union County  44Franklin County  54     South Dearborn  30Shawe Memorial  52     Milan  41Greensburg 68   Rock Creek Academy 59Northeastern  66     Connersville  63  (OT)Jennings County  76     South Decatur  41Eastern Pekin  65     Southwestern  58Knightstown  62     Hauser  44last_img

Pellegrini hails departing Lampard

first_img Lampard hit City’s first as they wrapped up their Barclays Premier League campaign with a sixth successive victory, beating Southampton 2-0 at the Etihad Stadium. Top scorer Sergio Aguero was also on target, underlining the predatory instincts that have earned him the Premier League’s golden boot with his 26th goal of the campaign. Press Association England international Milner is out of contract this summer while Toure, City’s driving force for much of the past five years, has been consistently linked with a move. Both received warm applause when they were substituted in the second half but Pellegrini insisted nothing was definite. The Chilean said: “I think the only player that said goodbye was Frank Lampard. “Yaya returned in the last game after an injury of 15 days – he finished very tired and he couldn’t finish the last game either. I didn’t want him to have some muscle injuries and that is why I changed him. “Milner had an important kick in his knee, that is why he couldn’t finish the game. “We will see, not only for those two names, who will stay here or not. That was not the reason why they were changed.” Milner has been offered a new deal and fans called for him to stay during the game, but the 29-year-old still has a decision to make. Pellegrini said: “James said he was taking the decision at the end of the season. He is a very important player and he gave us a lot of spirit in this year but he must decide what is better for him.” As for Aguero, who finished the campaign with 32 goals in all competitions, Pellegrini claimed such high standards had become the norm. He said: “It is difficult not to be impressed with Sergio because I work with him every day and know what a player he is. He is improving a lot. “It is very important for him to win the Golden Boot for the first time in his career and I am sure we are going to see, in the next years, ‘Kun’ as an even better player.” Pellegrini’s own future – which was the subject of heavy speculation in March and April – will now be determined after a standard end-of-season review with chairman Khaldoon Al Mubarak. But there has been no indication from City that a change could be made and Pellegrini said: “I am always talking with Khaldoon. “I don’t need a special meeting but when you finish the season you must analyse what you did, see what were our mistakes and where we must improve.” The defeat for Southampton meant they finished seventh in the table and they must now wait for the outcome of next week’s FA Cup final before knowing if they will play in the Europa League next season. Manager Ronald Koeman said: “If we get that chance to play in Europe, I would like that. It means a lot for the club and a lot for the players. “It was an amazing season. We did a great job. The players showed their qualities and the spirit was amazing. “We had a difficult pre-season but we showed our qualities and have always tried to play attractive, offensive football. If you finish seventh, that is our title, behind the big six.” Manchester City manager Manuel Pellegrini felt Frank Lampard had signed off in perfect fashion after scoring on his final appearance in English football. Lampard’s strike was his 259th on his 882nd appearance in English club football and he now heads off to join New York City after receiving a standing ovation from all sides of the ground. Pellegrini said: “It was very important to finish the season in front of our fans by winning the game and it was also important for Frank. It makes a difference if you win. “I think he deserves the farewell all our fans gave him in the stadium. It was very important also for him to score. “I think it was the perfect afternoon and perfect goodbye for him. He deserves it for his brilliant career and being a great person.” Lampard paid tribute to the club when he addressed supporters prior to the players’ lap of appreciation. He said: “I have turned up here at age of 36. I didn’t know what to expect, from the dressing room and the fans and living in this city, and all I can say is thank you so much to everybody. “This is a very special club and from bottom of my heart it’s been a pleasure to play for you.” City actually fielded a trio of midfield players who may not be at the club next season as James Milner and Yaya Toure also started. last_img read more

Man Who Threatened Trump, Media Figures, Synagogues Heading to Prison

first_imgA mentally-ill Seattle man has been sentenced to five years in prison for making threats against President Trump’s family, as well as toward synagogues and media figures.Chase Bliss Colasurdo was sentenced on Friday, after he plead guilty last May.He was arrested after posting a photo that showed a gun pointed at a picture of Jared Kushner, the President’s son-in-law. In addition, 27-year-old Colasurdo made online threats to kill Donald Trump Jr.According to court documents, he purchased ammunition but was blocked from obtaining a handgun after the Secret Service flagged him.Colasurdo has a history of paranoid delusions. For that reason, his attorney requested that he serve less than a year in prison followed by five years of supervised release and mental health treatment.U.S. Attorney Brian Moran says the case sheds light on the “frightening intersection of mental illness and weapons.”last_img read more

Naomi Osaka vows to block out negatives

first_imgMELBOURNE: Naomi Osaka has learned to appreciate her victories more after enduring the ‘toughest’ year of her fledgling career and the Japanese world number three says mentally she is in a better place to launch her Australian Open title defense.Osaka started 2019 by winning her second straight Grand Slam title in Melbourne following her success at the 2018 US Open but suffered early exits at Roland Garros and Wimbledon. The 22-year-old also lost her top ranking before disappointing in her US Open title defense.“I feel in a better headspace though, compared to where I was after I lost Brisbane last year,” Osaka told reporters, referring to her semi-final defeat to Lesia Tsurenko in the Brisbane International, a warm-up event for Melbourne Park.“But honestly, last year was the toughest year of my life, so I would hope it gets better.”Osaka regained some confidence towards the end of the season by claiming the Pan Pacific Open and China Open titles.Her path in Melbourne could bring a third-round meeting with seven-time Grand Slam winner Venus Williams or rising American Coco Gauff, who play each other on Monday, while 2017 U.S. Open champion Sloane Stephens awaits as a possible fourth-round opponent.“For me now, I do feel like I’m a bit more seasoned, even though I’m still relatively young, per se,” said Osaka, who takes on Czech Marie Bouzkova in her opening round at the Rod Laver Arena on Monday.“But I think every year I get more comfortable on the tour, so hopefully that somewhat translates into my matches. Last year I feel like I was young. I was just this young kid that was going out.”“My goal was to win, and I wasn’t going to let anything stop me. I feel like now I appreciate more every single win because I know what it took to get it. I think maybe last year I was a little bit more fearless.” AgenciesAlso Read: Karolina Pliskova sees off Naomi Osaka in epic Brisbane semi-finalAlso Watch: Protesters, who walked all the way from Tinsukia-Guwahati to protest against CAA 2019, Detained!last_img read more

The Latest: Copenhagen Tour de France start moved to 2022

first_imgMore AP sports: https://apnews.com/apf-sports and https://twitter.com/AP_Sports August 3, 2020 Associated Press Share This StoryFacebookTwitteremailPrintLinkedinRedditThe Latest on the effects of the coronavirus outbreak on sports around the world:___Danish organizers say the Tour de France start due to take place in Copenhagen next year has been moved to 2022 to avoid being held in the same month as the rescheduled Tokyo Olympics and the European Championship soccer tournament.center_img Copenhagen Mayor Frank Jensen says the move means the three-stage Tour start in his city will now be planned for July 1-3, 2022, adding that he hopes the coronavirus pandemic will have passed by then.The 2021 Tour was scheduled set to start on July 2.The Tour’s French organizers have yet to announce a replacement city for Copenhagen, although there have been reports that the three-week event could start from the French region of Brittany in 2021.This year’s Tour, which was supposed to start in June, will now be held Aug. 29-Sept. 20 — starting in Nice.___ The Latest: Copenhagen Tour de France start moved to 2022last_img read more

Syracuse University plans to appeal vacation of wins, reduction of scholarships for men’s basketball program

first_imgUPDATED: March 18, 2015 at 10:31 p.m.Citing what Chancellor Kent Syverud called excessive and disproportionate penalties, Syracuse University will appeal the vacation of certain wins by the men’s basketball program and the scholarship reductions for the team.“The University does not agree with all of the conclusions reached by the Committee on Infractions and does not agree that the full set of penalties imposed by the Committee are appropriate or equitable,” Syverud said Wednesday in a campus-wide email.In the NCAA’s report issued March 6, SU was punished for violations of academic integrity, the school’s drug policy and a lack of institutional control. Among other punishments were the men’s basketball and football programs being put on five-year probation.In the email, Syverud said after a meeting with the Board of Trustees Athletics Committee, the university will accept some of the penalties imposed by the NCAA’s Committee on Infractions in addition to appealing the vacation of wins and scholarship reductions.AdvertisementThis is placeholder textJim Boeheim has yet to decide whether he will appeal his nine-game suspension to start conference play, Syverud said in the email, adding that the university will fully support him if he chooses to do so.“The decision to appeal is not taken lightly,” Syverud said. “However, based on the facts and a review of previous NCAA infractions decisions, the University believes the impact of these specific penalties is excessive and disproportionate.”In an interview with The Daily Orange Wednesday, ESPN college basketball analyst Jay Bilas said he believes the penalties were excessive and not in line with the evidence presented. However, he said he isn’t confident that SU will be successful in its appeal to the NCAA.“I don’t hold that much hope in appealing to the same entity that handed out sanctions in the first place,” he said. “I think it’s a rubber-stamp organization.”— News Editor Brett Samuels contributed reporting to this article Comments Published on March 18, 2015 at 11:06 am Contact Matt: mcschnei@syr.edu | @matt_schneidman Facebook Twitter Google+last_img read more

USG considers resolution to improve food access

first_img“The idea behind [the matching program] is to structurally find ways for students to extend their resources,” Anex-Ries said. Undergraduate Student Government proposed a joint resolution with Graduate Student Government that would allow select eateries on USC campuses to become authorized as CalFresh vendors during Tuesday’s Senate meeting.  The resolution stated that “students across USC campuses exhibit a need for increased access to affordable food options.” It referenced a GSG-conducted study among students that revealed half of the 466 respondents don’t purchase food at on-campus eateries because they are too expensive. While other universities such as UC Berkeley and Oregon State University have implemented programs that make on-campus eateries EBT-accessible, matching programs have never been instituted before at universities, GSG Director of Diversity and Equity-Advocacy Quinn Anex-Ries said.  “It’s something that is important for us both to work on and create spaces or services that support these basic needs of students,” Stone said.  Stone also presented a resolution in support of the Associate Students of the University of Utah Senate, which condemned the language used in its university’s motion to dismiss charges in a lawsuit filed by the parents of a deceased student. The ASUU deemed the language as victim blaming and dismissive of campus safety issues. The student, Lauren McCluskey, was murdered by her ex-boyfriend despite repeated reports of domestic abuse to University of Utah officials.  USG President Trenton Stone praised the collaboration with GSG to address food insecurity on campus.  The resolution also calls for a CalFresh matching program that doubles purchases dollar for dollar at the Trojan Farmers Market, meaning $10 worth of food would cost $5. “We’re working together as student governments in the Pac-12, and also we are encouraging our own universities to just be aware of the circumstance,” Stone said. center_img McMorran also met with union representatives for housing and hospitality workers at USC to discuss the negotiations for their new contract with the University. The workers are pushing for higher wages, better hours and reformed retirement benefits. He will be presenting a resolution on student support for the union next Tuesday. Sen. Christopher McMorran presented initiatives that he is working on, including the possibility of expanding Adobe Creative Cloud programs to all undergraduate students.  CalFresh is a federally mandated nutrition program that issues Electronic Benefit Transfer  cards for groceries to students who qualify. Student eligibility is contingent on whether they are approved for work-study or are Cal Grant recipients or members of the Educational Opportunity Program, which include low-income, first generation and historically underrepresented students.  The resolution recommends creating a working group of representatives from USG, GSG, campus food retailers and USC staff to implement the program. The group would designate three food retailers that conform to Supplemental Nutrition Assistance Program standards, which dictate that an eligible store must have three stocking units of three different varieties for each staple food group on a continuous basis, like Seeds and Soto Cart, as pilot sites.  Stone hopes the resolution garners awareness for issues of domestic violence and brings together student governments from different schools. GSG passed the resolution at a Senate meeting Monday, and USG will vote on the resolution next week. Anex-Ries applauded the resolution, especially the matching program. Undergraduate Student Government discussed a resolution that would allow some USC vendors to be CalFresh eateries to help more students have access to food on campus. (Julie Cornet | Daily Trojan)last_img read more

The legendary Pagliuca: Inter should take Džeko

first_imgThe former goalkeeper of Inter, the legendary Gianluca Pagliuca, believes that the BiH striker Edin Džeko would be an ideal reinforcement for the Neroazzurri.In an interview for Gazzetta dello Sport, Pagliuca was asked to say who should be brought by Inter in the summer transfer window. Pagliuca instantly responded that the Neroazzurri should bring Džeko.“Inter should take Džeko! Why not? Icardi should stay, but what if he gets injured, who will score goals? Palacio? I am convinced that the striker of Roma will start scoring goals again,” Pagliuca said.Apart from Džeko, Pagliuca thinks that Inter needs another midfielder.“Veratti would be an ideal solution, but given that it is hard to bring him, Inter should go and take Soriano”.(Source: klix.ba)last_img read more

‘You cannot ask for more’: CFP director Bill Hancock defends successful four-team Playoff

first_imgNEW ORLEANS — College Football Playoff executive director Bill Hancock sizes up Monday’s CFP championship game between No. 1 LSU and No. 3 Clemson as well as anybody.”You can’t beat it,” Hancock told Sporting News at CFP championship Media Day. “You cannot ask for more. Two great teams. Strong on both sides of the ball with exceptional quarterbacks. You cannot ask more. These are undefeated great teams.” Hancock said that small-group dominance is nothing new in the sport.”It’s the cycles,” Hancock said. “Go back to the 50s — it was Oklahoma. Through the years, Florida State, Southern Cal, Ohio State — college football has always gone in cycles. To make judgments based on a small sample size is a mistake. My bosses are not going to make that kind of judgment.”Again, nobody can size up the future of the CFP better. At least for a year, there was no legitimate reason to ask for more playoff teams. If the intent is to get the two best teams in the championship game, then it’s hard to argue against back-to-back seasons in which 14-0 teams met for the national championship.MORE: LSU vs. Clemson odds, predictions, betting trendsThe Bowl Championship Series produced six matchups between undefeated teams in 16 seasons — but that was without the extra semifinal. Sometimes, the four-team playoff works out. This is one of those years.”I heard so many people ask the question, and I wondered the same thing,” Hancock said before dialing it up. “Should LSU, Clemson and Ohio State have to play another game to get to the semifinal based on the regular season? Why have another game when you have a regular season to decide it? It was a good year for us.”The truth is the 2019 season did not need another round. LSU beat one-loss Oklahoma in one semifinal, and Clemson handed Ohio State its first loss in the other. While last year’s CFP championship game between Alabama and Clemson featured the eight-team playoff debate as the backdrop with a full-go expansion push, Hancock had a much different demeanor this season.”There was less contention this year obviously,” Hancock said. “People were much more calm and understanding about the reasons why the CFP format is the way it is.”That’s not to say there aren’t a few lingering questions. This year, there was a longer layoff between the Dec. 28 semifinals, played on a Saturday, and the Jan. 13 championship game. Hancock said that was a result of the decision to move the semifinals off the original New Year’s Eve date. There will be a 10-day-or-less gap between the semifinals and championship game through 2026.LSU coach Ed Orgeron and Clemson coach Dabo Swinney did not complain.”Both coaches have said they liked it,” Hancock said. “Both these coaches have told us, ‘Y’all tell us when to play and we’ll be there.'”Hancock also addressed secondary ticket prices, which he said are higher than usual. Ultimately, the continued success of the four-team format hinges on the teams that make it to the championship. LSU broke Alabama’s streak of four straight CFP championship game appearances, but Clemson is back in the championship game for the fourth time in six years.last_img read more