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Germany’s aba rejects PEPP, PensionsEurope sees potential benefits

first_imgIt said a sustainable retirement income policy should be based mainly on expanding workplace pension provision rather than on private pension products.This view has been expressed in the Netherlands, including by the government in its recent comment on the EC consultation, although the Dutch pensions association has softened its position.Germany’s aba said occupational pensions should be “the first choice” when it came to supplementary retirement income.“They can be organised at a collective level, are often good value for money, can balance security against returns and are governed primarily by social and labour law,” it said.The German association said it was against EU-wide harmonisation of personal pension regulation but also against the introduction of a so-called second regime in the form of a pan-European personal pension product (PEPP).It said this would strengthen an individualised – rather than a collective – approach to pensions, and risk undermining existing, efficient systems in operation in EU countries.“Pensions firmly fall in the remit of the EU member states,” it added.PensionsEurope, however, welcomed the Commission’s personal pensions initiative and agreed that a PEPP could have a positive role to play.“PensionsEurope believes a standardised pan-European personal pension product regulated by a second regime – with a defined set of flexible elements – could contribute to the policy objectives of ensuring of high minimum standard of consumer protection,” it said.“It appears as a much more feasible way and would promise superior outcomes than harmonising regimes.”An EU personal pensions “initiative” could be particularly useful as a model for those member states that do not yet have a developed complementary pension savings system, according to the association.It could also be beneficial in more developed pension markets by helping to “enhance the quality of products” there, it said.“A supportive tax treatment is essential for the attractiveness of personal pension products compared with other saving products available at national level,” PensionsEurope said. It added that the Commission’s third-pillar pensions initiative “must respect the exclusive competence of the member states in the field of taxation and of statutory public pensions”.Insurance companies manage around 90% of personal pension assets in the EU, according to the Commission’s consultation document.The European insurance industry association has backed the PEPP initiative but believes the EC’s plan is poorly designed. Germany’s occupational pensions association has come out against the introduction of a pan-European personal pension product (PEPP) in feedback to the European Commission (EC), while PensionsEurope has said it could have a role to play.The EC’s consultation on a potential EU framework for personal pensions closed on Monday.Creating a pan-European third-pillar product is one of the options on which it invited comments, and is the approach recommended by the European Insurance and Occupational Pensions Authority (EIOPA).The aba, Germany’s pensions association, said it registered its opposition to the introduction of a PEPP in its response to the consultation.last_img read more

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Brookville area road closure announced

first_imgBrookville, In. — St. Mary’s Road in Franklin County is closed at Shop Road today for road repair Thursday, August 3.last_img

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Yeager collects pair of wins in Modified Fall Roundup at Sweetwater Speedway

first_imgROCK SPRINGS, Wyo. (Sept. 21-22) – Justen Yeager swept the weekend by winning two features in two days during the Modified Fall Roundup at Sweetwater Speedway.Yeager, who started ninth in the IMCA Xtreme Motor Sports Modified 30-lapper Friday night, reeled in leader Jake Donnelly in the waning laps. That pair, along with Zane DeVilbiss, battled for the top spot before Yeager broke free with two laps to go. Yeager went on to collect the $750 winner’s share.Yeager got to the front a little earlier during Saturday’s 30-lapper. From a seventh place start, Yeager worked around front row starter DeVilbiss on the fourth circuit, then drove away to the $2,000 victory and earned a spot on the 2014 Fast Shafts All-Star Invitational ballot. The race, which was stopped for caution once on lap two, went caution-free over the final 28 circuits.ResultsFriday – 1. Justen Yeager; 2. Jake Donnelly; 3. Zane DeVilbiss; 4. Casey Delp; 5. Greg Scott; 6. Bert Beech; 7. Chris Clark; 8. Travis Metz; 9. Brian Ungaro; 10. Jim Shoemaker; 11. Ronnie Roy; 12. Gordon Kelson Jr.; 13. Jason Donnelly; 14. Dustin Hansen; 15. Chase Hanson.Saturday – 1. Yeager; 2. DeVilbiss; 3. Beech; 4. Ungaro; 5. Hansen; 6. George Ashby; 7. Delp; 8. Scott; 9. Metz; 10. Bryan Wordelman; 11. Clark; 12. Shoemaker; 13. Kelson; 14. Roy; 15. Paul Jones; 16. Jake Donnelly; 17. Michael Hale.last_img read more

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USDA Invests $6.5 Million in Indiana Rural Electric Infrastructure

first_imgGreensburg, IN—Indiana Rural Development State Director Michael Dora announced Wednesday that USDA is investing a 6.5 million through our Electric Loan Program to improve and provide reliable electric infrastructure for Decatur County, Greensburg, Indiana residents. “Improving electric service in rural areas is fundamental for our rural communities’ economic development,” Dora said. “Our loan will significantly help expand, upgrade, and modernize where it is needed most.”Decatur County Rural Electric Membership Corporation is receiving a $6,500,00 loan investment to connect 372 consumers to build and improve 101 miles of broadband line. Decatur, headquartered in Greensburg, Ind., serves 7,995 customers over 1,058 miles of line in six counties in southeastern Indiana.last_img

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September 11 Memorial Virtual Run Walk

first_imgStatewide — In the 19th year of remembrance, The Indiana Department of Veterans Affairs is holding the 2020 September 11th Memorial Virtual Run to honor those individuals that lost their lives or continue to be affected by the events of that day. This year they have chosen the charitable organizations National Fallen Firefighers Foundation and Tuesday’s Children.Register for the race online to receive a 9-11 Memorial Finisher Medal and official race bib. Registration is open until October 3. You can run or walk, indoors or outside, as long as you complete 9.11 miles. Afterward, submit your results to earn your medal and bragging rights with your friends. Click here to register.last_img

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Gov. DeSantis: Testing Site to Open at Ballpark of the Palm Beaches

first_imgGov. DeSantis announced Friday that he has ordered the National Guard to open a coronavirus testing site in Palm Beach County.The announcement came just hours after West Palm Beach mayor Keith James said he had hoped to have a federal testing center in the county, but that the Federal Emergency Management Agency had turned down that request.The drive-thru testing center will be located at The Ballpark of the Palm Beaches in West Palm Beach, and 100 Florida National Guard troops will help to build and operate it, according to the governor.DeSantis’ spokeswoman, Helen Aguirre Ferré, tweeted:.@GovRonDeSantis’ working with local @PalmBeachesFL officials to set up a drive-through testing site located at the Ballpark of the Palm Beaches. @FLSERT providing 1,000 collection swabs and 100 @FLGuard to set up and operate the site. Stay safe #Florida!— Helen Aguirre Ferré (@helenaguirrefer) March 27, 2020 County officials say they also would like a second testing site, to serve south county.However, a FEMA spokesman tells The Palm Beach Post that additional federally-supported testing sites are not being approved at this time. “The state, county, or the private sector (hospital, medical facility, etc) can establish their own testing sites, and request supplies through the established system,” the spokesman said in an email.With 318 people in the county diagnosed with COVID-19 and its death toll rising to six, DeSantis says the county needs a large testing center.“Palm Beach County is a distant third, but there’s not been as many tests,” he explains. “I think it’s important to expand the testing there to get a better sense of what’s going on.”last_img read more

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UM dominates on offensive glass; Flowers, among others, injured in road loss Saturday

first_imgANN ARBOR, Mich. — Coming into the Michigan game, Bo Ryan said his team was headed into a “hornets’ nest.”While it remains unclear whether the UW coach was referring to the Wolverines’ style of play or the frenzied Ann Arbor crowd, one could certainly make a solid argument for either factor.The most telling statistic in the 85-76 win for UM was the rebound differential, with Michigan bringing down 36 rebounds to No. 23 Wisconsin’s 27.Though Michigan barely edged out UW in offensive rebounds (12-11), the Wolverines were able to cash in more often, outscoring the Badgers 9-4 on second-chance opportunities.”I thought we did a terrific job of getting on the offensive glass,” Michigan head coach Tommy Amaker said. “Sometimes, you can play hard defense and give up a second-chance opportunity, but when they score, boy, does it deflate you. I thought we did a pretty solid job, for the most part, of keeping them off the backboard.”The Wolverines took advantage of an energized bench, which dominated Wisconsin’s reserves 20-6, due largely to 15 points from senior forward Chris Hunter.”We’ve been able to get pretty solid production off our bench,” Amaker said. “Hunter, in particular, has given us incredible minutes here as of late. His production, his energy and his experience have … been the spark from the bench that has given us things that we have needed [lately].”Amaker also praised the fans inside the sold-out Crisler Arena for their intensity, which seemed to fuel the Wolverines along to the upset victory.”I can’t say enough about our crowd today. I really thought that they gave us the extra energy and the boost that we needed at various moments to push us forward, to possibly get us over the edge this game.”Injuries abound: The Badger lineup has certainly taken its share of hits this season, and injury trouble may have increased in the wake of Saturday’s loss.Sophomore guard Michael Flowers suffered what appeared to be a right leg injury during the second half against Michigan. Down 68-58 with just under five minutes to go, Flowers scrambled for a loose ball and immediately held his leg in pain. The officials halted play, and Flowers was able to leave the court under his own power, but he was noticeably limping on the way to the UW bench. Flowers did not return for the remainder of the game.The Madison native, who finished with two points and two rebounds in nine minutes, has been one of Ryan’s first options off the bench all season. The guard has played all 19 UW games this year and is averaging 5.9 points and 3.4 rebounds in 25.1 minutes per game.If Flowers is unavailable for Tuesday night’s home matchup with Illinois, and for any future game, Ryan will be forced to dig deep into his bench just to find sufficient reserves to continue employing at least a seven-man rotation.Flowers, along with freshman forward Joe Krabbenhoft (left leg), has been listed day-to-day on the injury report. Junior guard Kammron Taylor, who hit the court after a hard pick from Michigan’s Graham Brown, is undergoing evaluation for his head injury.Gullikson called on early, often: The Badgers may have inadvertently, yet successfully, prepared for such costly injuries, as Kevin Gullikson saw considerable court action for the first time all season against the Wolverines.The freshman forward had played a career-high six minutes during Wisconsin’s rout of Penn State last Wednesday, but he was called upon in a much higher role in the Michigan game. Gullikson, a walk-on, logged 20 minutes, contributing four points and two rebounds as well as an assist and a steal in his first real game within the UW rotation.”I just [tried] to get some energy, just [tried] to get things going however I could, whatever I could do to help the team,” Gullikson said of his goals for Saturday.Ryan seemed to care more about Gullikson’s overall performance rather than any immediate role he played coming off the bench for the first time in the game.”We’re not looking for somebody to make an instant impact. We’re just looking for someone to play hard and smart for the minutes that they’re on [the court], and that’s Kevin.”last_img read more

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SB : In junior year, Kohl blossoms into clutch hitter for Orange

first_img Comments Published on March 23, 2011 at 12:00 pm Contact Ryne: rjgery@syr.edu Facebook Twitter Google+center_img Lacey Kohl was down to her last strike. One more and the game was over. She crowded the plate to protect the outside corner.With a runner on and Syracuse trailing Fresno State by a run in the top of the seventh inning, Kohl fouled off pitch after pitch. Finally, she got a pitch to hit.In 45-degree weather in Palm Springs, Calif., Kohl hit a home run into the wind over the left center field wall to give Syracuse the lead.‘I knew at that point, no matter what I was swinging at, it was going to be hit hard,’ Kohl said. ‘I was not going to miss the ball.’Kohl’s clutch at-bat in that 4-3 win on Feb. 26 is just one of many times the junior catcher has come through for the Orange this season. After hitting for a combined .224 average in her first two seasons, Kohl is leading SU (21-5) in hitting with a .343 batting average this year.AdvertisementThis is placeholder textShe also tops the team in home runs, slugging percentage and on-base percentage. Kohl said she got in better shape over the summer and came to Syracuse determined to have a breakout year. She credits her current success to those extra hours of practice.Kohl takes extra batting practice whenever she can find time, before or after practice. On days off, she said she often tries to hit buckets of balls off the tee.That work ethic hasn’t gone unnoticed. SU associate head coach Wally King said Kohl has been the ‘most dedicated kid’ on the team. King said that as a catcher, Kohl is forced to work on hitting outside of practice.‘It could be easy to kind of let the hitting piece go,’ King said. ‘I’ll walk down through here maybe, and she’ll be down here on her own.’During practice, she has to catch the pitchers. Recruited as a utility player, Kohl also takes ground balls at third base and puts in time in the outfield. King said she has only worked harder to keep up offensively.It’s a work ethic King demands out of his hitters. He stresses the importance of never taking a day off.‘You can’t take a day off as a hitter, and that goes for practice days or for game days,’ King said. ‘You have to do the same thing.’Her No. 1 battery mate, Syracuse pitching ace Jenna Caira, said she appreciates the extra work Kohl has put in. When the team is scoring runs, Caira’s job is much easier. Kohl’s improvement at the plate has caught Caira’s eye as well.‘She’s coming up in those clutch situations,’ Caira said. ‘That’s huge for us because that’s the point of the game. We need to score runs.’Her hot start has given her confidence, something she lacked as an underclassman. So when she went hitless in 11 at-bats at the University of Virginia Spring Break Invitational in Charlottesville, Va., two weeks ago, Kohl stayed confident. One week later, in a doubleheader at Penn, Kohl went 5-for-7 with four RBI to lead the Orange to two wins.‘To know that I bounced back from that weekend and continued to hit well,’ Kohl said, ‘was just kind of proving to myself that I am as good as everyone thinks I am.’King was impressed again by Kohl during the Penn series last week. King said she fouled off four or five tough pitches on the outside corner in an at-bat in the second game.Then, he gave her some advice.‘I yelled out, ‘Hit the mistake, hit the mistake,” King said. ‘She kept fighting them off and then, whack, she goes three-run home run straight away center, about 260 (feet) straight away.’The home run put the game out of reach, giving SU an 8-0 lead in the seventh inning and helping the Orange to sweep the doubleheader.King said Kohl understands her strengths and weaknesses as a hitter now. She goes to the plate looking for a good pitch to hit every at-bat. She has learned how to battle to get those pitches.‘She has fought off tough pitches,’ King said. ‘She’s gotten a mistake pitch, and she’s hit it and not missed it.’rjgery@syr.edulast_img read more

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Report: Reed to complete Shafer’s coaching staff

first_imgOhio University defensive backs coach Fred Reed is set to join Syracuse, according to FootballScoop.com.The report does not specify which position he would fill, though the defensive backs spot remains vacant after Donnie Henderson followed Doug Marrone to the Buffalo Bills.Head coach Scott Shafer told junior college safety commit Darius Kelly on Friday he would receive a call about the defensive backs coach situation either this week or next, Kelly said in a text message Tuesday afternoon.Reed started his coaching career with South Dakota in 1994 as a secondary coach before holding the same position at Minnesota Morris in 1996. He then spent three years as a recruiting coordinator and linebackers coach with Michigan Tech.He worked as special teams and secondary coach at University of Nebraska-Omaha from 2000-2004, working the last two seasons as defensive coordinator and linebackers coach. Reed coached Ohio’s special teams and cornerbacks in 2005, then served as defensive backs coach at Buffalo in 2008 and defensive coordinator in 2009. He coached the last two seasons as defensive backs coach at Ohio.AdvertisementThis is placeholder textOhio has already identified replacements, according to the report. Comments Published on February 19, 2013 at 1:34 pm Contact Jacob: jmklinge@syr.edu | @Jacob_Klinger_center_img Facebook Twitter Google+last_img read more

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Erin Little uses professional experience in Finland to prepare SU players

first_imgAt the end of the 2011 volleyball season at Syracuse, Erin Little wasn’t satisfied with the finish to her career. She tallied a career-high 128 kills and averaged a career-high 0.70 blocks per set during the campaign, but wanted more.But she didn’t know who to go to. During the season, head coach Jing Pu was fired. And in December, head coach Leonid Yelin was hired from Colorado to coach the Orange. She approached Yelin and told him about her professional goals. The new coach invited Little to practice with the team in the spring. This was different for Yelin, because usually seniors are only looking to stay in shape, not improve on skills to play professionally.“When she started practicing (with us),” he said, “I realized her talent, and I said, ‘You know what, if you spend spring with us as a player, I think I can prepare you to play professional.’”In September of 2012, Little was offered a tryout by the OrPo Volleyball Club in Finland and made the roster. After the season, Little returned home to continue training for a tryout with a Polish team. Despite her efforts, she was cut, and planned to take a year off and train while holding a volunteer coaching position at Syracuse during the 2013 season.She never left, never went back across the Atlantic and never again played in a professional league. But she had found a home. Now, as an associate head coach at Syracuse (15-7, 11-3 Atlantic Coast), Little uses her professional experience to help connect with her players on and off the court, and prepares those who have professional aspirations of their own for what lies ahead.AdvertisementThis is placeholder text“I loved playing,” Little said. “But it’s hard being away from your family and friends for nine months.”Laura Angle | Digital Design EditorLittle’s volleyball career began in seventh grade, shortly after her family settled in Burnt Hills, New York. After making the varsity team as a freshman in high school, she became close to Sarah Morton, who enrolled at Syracuse two years before Little. Her connection to Morton made SU an easy choice.As a freshman, Little appeared in 28 of 32 matches, second for all SU freshmen that season. By the end of her senior year, she had transformed into a well-rounded player. Her 2.13 kills per game was fourth on the team, and her 0.70 blocks per game was third. One of the keys to succeeding at the professional level, Little said, is proficiency at all positions. And it was her responsibility to find the areas she needed to improve on.“I think that as I started to work with Coach Yelin … I was just learning a lot and seeing the sport in a different way,” Little said, “when you’re forced to evaluate your game more on your own, seeing all the areas you needed to improve on.”Little’s time in Finland lacked the comfort and familiarity her time at SU had. She knew no one on her team beforehand, and it was the first time she had been abroad in her life. Few players spoke English. Teams were allowed only three international players, and the rest must be from the league’s country, Little said. In this case, Little was surrounded by the Finnish culture from her teammates to her coach.“Most of my teammates spoke Finnish with one another,” Little said, “(and) our coach also spoke Finnish, but because we have internationals, he also spoke English. Whether he chose to or not is different.”The league OrPo plays in is the top women’s league in Finland. But “it’s not the top in the world,” Yelin said. But it’s still the same eight hour commitment each day to volleyball, and it’s still the same lack of freedom, he added.Coaches have full control over how they treat their players and the schedules they operate on. Yelin, who had a professional career overseas himself, said it’s an environment that doesn’t compare to volleyball leagues in the United States.“You can’t say ‘Oh I’m not in a good mood today,’” Yelin said. “No. You have to do your job. You are a slave. They can pay you a lot of money, but you’re still a slave.”Now, as an SU coach, Little prepares her players for a professional career. The more she played, the more she understood the challenges of being on the court mentally as a player. In the end, it helps her connect with the Orange more during the match.In this season’s group, she sees potential in Christina Oyawale, Santita Ebangwese and Amber Witherspoon for professional careers. Ebangwese said all the players know about Little’s experience overseas, but the coach keeps it low-key.But SU knows, from Little and her career, that when it comes to playing professional volleyball, it takes more than talent. It takes a well-rounded game to have a chance at making a roster. But it also extends beyond that.“I think most of our players could go and play,” Little said, “I think it’s wanting to have that commitment of playing in another country, being away from your friends and family.”Little chased her dream for a year and she accomplished it. But then, Yelin called her back. He was the one who told her she had the talent to play overseas. He’d propelled her to the Finnish League, and nearly pushed her to Poland the next year.And now, Yelin was calling her home. Or at least the place he wanted her to call home.“I called her back because I understood what kind of person she is,” Yelin said.“And I said, ‘Listen, Erin, we need you.’” Facebook Twitter Google+ Commentscenter_img Published on November 8, 2018 at 12:46 am Contact Andrew: arcrane@syr.edu | @CraneAndrewlast_img read more

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