Survey: Australia still top dog for global pensions sustainability

first_imgBut the UK has fallen out of the Top 10 nations in the world, having only joined the club in the 2014 study.It has now been replaced at tenth place by Chile, and fallen one place to eleventh.Meanwhile, Latvia, Estonia and the US complete the list of the 10 countries with the most sustainable public systems.The accompanying report observes that, since 2014, a substantial number of countries have improved the sustainability of their pension systems.Brigitte Miksa, head of international pensions at Allianz Asset Management, said: “Pension reforms initiated in many countries a decade ago – raised retirement ages, reduced benefits in line with expected increased life expectancies – are now starting to bear fruit.“Social behaviour has also changed, as people reacted to the incentives offered as a result of the reforms.”This has been particularly notable for the Baltic countries, with Estonia entering into the Top 10 and Lithuania moving up to 16.“The score of all three countries has been positively impacted by the fact they have continued to implement reforms to increase the effective retirement age and reduce the burden of the pension system on public finances,” the report said.France was among the fastest climbers – up by more than five places since 2014 – along with Chile, Japan, Malaysia and Mexico.“The improvement is due to an increase in the effective retirement age and a positive revision of the 2050 pension expenditures-to-GDP forecast,” said the report.But Ireland, Switzerland, Italy, Croatia and Russia experienced significant declines.Ireland has been hit by a deterioration in its demographic outlook following the UN population projection revision, which has contributed to a significant decline in the replacement rate, according to the report.Switzerland is experiencing a worsening demographic outlook, which has had a negative impact on its sustainability score.“Nevertheless,” the report said, “Switzerland continues to compare favourably to its peers thanks to a relatively low level of general government debt relative to GDP, a relatively high effective retirement age and a good coverage ratio.“Moreover, pension expenditures as a share of GDP are not expected to increase dramatically in the coming decades.”The report observed that Italy and Spain had both implemented recent reforms but that more needed to be done.“The effective retirement age remains relatively low in both countries, while pension expenditure as a percentage of GDP remains high, and the populations are expected to age quickly,” it said.“Encouragingly, recent reforms mean pension expenditure as a share of GDP is not expected to increase significantly over the coming decades.”However, Miksa provided a sombre caveat even for those countries that made progress with pension reforms.“Our study assesses the financial sustainability of public pension systems but does not examine the flipside – the adequacy of state pensions,” she said.“Reforms of the past decade have improved the sustainability of the pension systems at the price of reducing the level and the security of benefits.” Australia maintains its position as the country with the most sustainable public pensions system, according to the Allianz 2016 Pension Sustainability Index.As with the last study, published in 2014, the Nordics are the top European countries.Denmark is runner-up, followed by Sweden, the Netherlands and Norway.New Zealand again claims sixth place.last_img read more

Murder mystery planned in Napoleon this weekend

first_imgNapoleon, In. — The Central House is presenting “Farringway Funways” at the Napoleon Community Center this weekend.A dinner and show is offered Friday and Saturday (October 19 & 20) at 6 p.m. for $15. A matinee only presentation will be Saturday at 2 p.m. Admission is $10.Reservations can be made by calling 812-852-4818. All proceeds benefit the Central House of Napoleon.last_img

Walp dominates in BAPS RaceSaver Sprint feature

first_imgDuke ran second the whole race and clearly had a strong car but couldn’t get by Walp. Doug Dod­son had another strong run, coming home third, as did fourth-finishing Dave Grube and fifth-place Landon Price. Feature results – 1. John Walp; 2. Ken Duke; 3. Doug Dodson; 4. Dave Grube; 5. Landon Price; 6. Dylan Smith; 7. Kyle Keen; 8. Dave Brown; 9. Devin Adams; 10. Jake Frye; 11. Andy Best; 12. Johnny Scarborough; 13. Ian Detweiler; 14. Domenic Melair; 15. Dave Graber; 16. Nick Sweigart; 17. Erin Statler; 18. Dustin Young; 19. Larry McVay; 20. Kristina Pratt; 21. Alex Potosky; 22. Kirsten Hess; 23. Jay Krout; 24. Jaremi Hanson. In victory lane, he noted that he was able to keep the car low on the track and thwart efforts by defending national champion Ken Duke to move up. The track was slick and tricky, with drivers having to “slow down to go fast,” and Walp was able to extend his lead after every restart. By Frank Buhrman Walp wired the field to win the 20-lap IMCA RaceSaver Sprint Car feature Saturday at BAPS. The Wapwallopen driver has now scored two of his three career PASS victories at York Haven.center_img YORK HAVEN, Pa. (June 27) – All John Walp wants is a little improvement from his second place fin­ish in 2019 BAPS Motor Speedway Pennsylvania Sprint Series standings for to first in 2020. He’s off to a solid start toward that goal. John Walp earned his career second Pennsylvania Sprint Series victory at BAPS Motor Speed­way on Saturday night. (Photo by Angela Dmuchowski)last_img read more

Suarez apologises to Ivanovic

first_img Suarez looks set to face a Football Association investigation into the incident, which saw the Uruguay international clash with the centre-back in the penalty area before sinking his teeth into his opponent’s arm. Referee Kevin Friend did not see the incident but after numerous television replays highlighted it, the FA are almost certain to act. But the incident has led to Liverpool managing director Ian Ayre cancelling a trip to Australia where he was due to fly on Sunday night to promote a pre-season fixture. Ayre will instead deal with Liverpool’s reaction to the incident and in contrast to previous controversies surrounding Suarez the club are acting swiftly. It is not the first time Suarez has brought controversy to the club – he was banned for eight matches last season after being found guilty of racially abusing Patrice Evra – and he has previous history of biting. Immediately prior to joining the Reds in January 2011 he served a seven-match ban while at Ajax after sinking his teeth into PSV Eindhoven midfielder Otman Bakkal. But manager Brendan Rodgers insists no snap decisions will be taken on the future of the player, who is certain to attract interest from Europe’s top clubs after scoring his 30th goal of the season. “It is not for me to make any rash comments or any predictions now,” he added. “This is a football club where historically players treat people with how the football club respects society, players and everyone. There is certainly no one bigger than this football club, as a player or a manager. “Players are always replaceable now matter how good they think they are. That is how football works. Of course there are wonderful talents we’ve seen here at this club and others over many years. You lose a player you think you can’t replace but the next one comes along. “The standards at this football club have been met for many years and that’s why it is the worldwide institution that it is. The history of this club is about respect and how people are treated and that is something that will always be maintained here and will always be long after I am gone.” Press Association Luis Suarez has apologised to Branislav Ivanovic after biting the Chelsea defender during the 2-2 draw at Anfield. center_img Suarez used his Twitter account to say sorry for the incident, which came before the striker scored a dramatic equaliser seven minutes into stoppage time. “I’m sad for what happened this afternoon, I apologize Ivanovic and all football world for my inexcusable behaviour. I’m so sorry about it!!” Suarez wrote. last_img read more

Officials: 67-Year-Old Man Molested Broward Girl Over Four Years

first_imgWhen she cried, Pujols replied, “I don’t know why you’re crying. I know you like it,” the report states.In 2015, the girl told her mother that Pujols had kissed her, although she did not reveal the extent of the molestation.She also told a friend last year, which led up to the police investigation. A 67-year-old Port St. Lucie man is accused of molesting a Broward County child repeatedly between 2008 and 2012.Bienvenido Pujols surrendered to Pembroke Pines police on Friday. He allegedly started the activity when the girl was 5 years old.Records show that he is charged with sexual battery and lewd and lascivious molestation on a person less than 12 years of age.According to the arrest report, the girl told police that Pujols would show her adult pornography videos, remove her clothes, fondle her and expose himself. He also told her not to tell anyone.Courtesy: Broward County Sheriff’s Officelast_img read more

Bucks Trample Eagles

first_img Bio This is placeholder textThis is placeholder text House fire in Winter Harbor – October 27, 2014 BUCKSPORT — Righthander Sarah Sutherland scattered six hits, struck out nine and walked nobody in pitching the Golden Bucks to an 11-1 win over the Eagles on Thursday.Megan Panaro had a double and a single with an RBI, and Rochelle Pelletier, Katlynn Williams and India Stewart each singled and drove in two runs for the Golden Bucks.For the Eagles, Lily Cooper tripled, Ashley Smith and Casey Wyman each had a pair of singles and Anna Seavey singled. For more sports stories, pick up a copy of The Ellsworth American. Latest posts by admin (see all) Hancock County Court News Nov. 3 thorugh Dec. 11 – January 22, 2015 Latest Posts admin State budget vs. job creation – January 22, 2015last_img read more

Fast reaction: 3 mistakes that led to Syracuse’s 27-10 loss to Duke

first_img Published on November 8, 2014 at 4:55 pm Syracuse’s postseason hopes are over.The Orange (3-7, 1-5 Atlantic Coast) imploded after three competitive quarters and fell to No. 22 Duke (8-1, 4-1), 27-10, on Saturday afternoon in the Carrier Dome. Here are three costly mistakes Syracuse made in the fourth quarter that doomed SU’s season on Senior Day. That burstDuke hinted at its explosiveness on special teams with a 98-yard kickoff return for a touchdown that was called back for holding in the first quarter.Syracuse caught a break then, but definitely didn’t catch Jamison Crowder in the fourth quarter. The Blue Devil caught the punt at his own 52-yard line in the middle of the field, took off and threw one lethal stutter that started his trek for six. AdvertisementThis is placeholder textA Syracuse defender flew right past him and Crowder coasted to the end zone, giving one last look over his left shoulder as he crossed the goal line and starting the fourth-quarter onslaught that crushed the Orange’s postseason aspirations.Losing faith?Mitch Kimble held onto a zone-read, went down for a loss and brought up fourth-and-4 for the Orange.SU’s defense, an energetic, lockdown group nearly all game long, was waiting on the sideline to go out and get the team another stop, trailing by seven points.But Syracuse elected to try a fake punt. And it didn’t work. Duke took over at SU’s 32-yard line and Ross Martin tacked on a field-goal to increase the separation to 20-10 with 9:08 left in the game.Downfield issuesBehind 20-10, it was desperation time for Syracuse.Right after Martin’s field goal, SU quarterback Austin Wilson launched a bomb downfield for Jarrod West, but the fifth-year senior stopped running. Duke cornerback Breon Borders didn’t.Borders ran down his second interception of the game and put the Blue Devils in position to put the game even more out of reach. Three plays later, Anthony Boone lofted a pass for Issac Blakeney, who left Julian Whigham on the ground and cruised into the end zone for the second time in the game. Comments Facebook Twitter Google+last_img read more

Post your FREE Garage Sales Ads here

first_img Close Forgot password? Please put in your email: Send me my password! Close message Login This blog post All blog posts Subscribe to this blog post’s comments through… RSS Feed Subscribe via email Subscribe Subscribe to this blog’s comments through… RSS Feed Subscribe via email Subscribe Follow the discussion Comments (14) Logging you in… Close Login to IntenseDebate Or create an account Username or Email: Password: Forgot login? Cancel Login Close Username or Email: Password: Lost your password? Cancel Login Dashboard | Edit profile | Logout Logged in as Admin Options Disable comments for this page Save Settings Sort by: Date Rating Last Activity Loading comments… You are about to flag this comment as being inappropriate. Please explain why you are flagging this comment in the text box below and submit your report. The blog admin will be notified. Thank you for your input. +1 Vote up Vote down CueballSumnernewscow 94p · 324 weeks ago OK, gang, this is all you have to do. Write up your garage sale and submit it as a comment. Write as much as you like and you won’t pay one cent! Example: Joe Blow at 100 North New York Avenue is having a garage sale for the Wellington Citywide. We will start the sale at 6 a.m. and run through noon Saturday. We will be offering a variety of stuff including clothes, furniture and a beautiful hand-woven rug. We will also be giving out free lemonade. Call us at 888-888-8888 if your have any questions. Hope to see you there! Report Reply 0 replies · active 324 weeks ago +1 Vote up Vote down Kathy Riggs · 324 weeks ago We are having a Wheat Country Mini Storage “Garage Sale” on Saturday May 31st at 527 East 16th Street. The sale will begin at 8 a.m. until noon. We have a large variety of items including a dining room table and chairs, bookshelf, small benches, kitchen items and lots of miscellaneous. Report Reply 0 replies · active 324 weeks ago 0 Vote up Vote down David Carroll · 324 weeks ago Carroll Garage Sale Saturday May 31st at 1502 N. Blaine. Time is 8:00 to ?. Fishing equip., small appliances, canning jars, tools, swimming pool items , weed eater and much more. Report Reply 0 replies · active 324 weeks ago 0 Vote up Vote down steve · 324 weeks ago STORAGE WARS III GARAGE SALE (Wellington) 1906 N. B ( In Alley) May 31 7:00am – 2:00pm 50% off selected items after 12pm. Pottery, vase sets, antique crystal, porcelan bells, glassware,salt & pepper shakers, collectibles, baskets, plant arrangements, dish sets, Craftsmen palm sander, auto vaccum, chandelier w/ flowers and butterfies, antique ironing board, puzzles, books, 33,45,& 78 rpm records, 8 track tapes, hp Deskjet 895 Csi, umbrella strollers, adult clothing,towels, portible clost, candles, home decorations, frames, phones, small appliances, baking and cooking supplies kitchen and bathroom misc., 4-4ft.X27in. white wood blinds, 3-4ft. X 30in. brown wood blinds, AIWA stero, Stereo stand table, 3 plastic lazy susans, minnow bucket, small and medium fishing tackle boxes, fishing float tube, chest waders (size 9D), poratable fish finder, pair diving fins, winter snow suit below 10* (large/short), insulated lunch boxes, small metal dresser chair, portable electric heater,10in. table saw (no motor), 12in band saw, 2-small power sanders, 4in. belt sander w/ 6in.disk sander, 21/2hp woud chipper grinder. Report Reply 0 replies · active 324 weeks ago 0 Vote up Vote down Craig · 324 weeks ago Yard Sale – Friday Only – 4pm to 7pm Antiques and more!!! Report Reply 2 replies · active 324 weeks ago +1 Vote up Vote down Martha / Gary · 324 weeks ago Yard Sale – 702 South Blaine – Sat. Only 5/31 08:00 AM – 4:00 PM Household, Kitchen, Glassware, card table, misc., X-box with games, collectibles, tools, battery charger, B&D Recip Saw, small amount ammo NO EARLY SALES – CANCELLED IF RAINING Report Reply 0 replies · active 324 weeks ago 0 Vote up Vote down Craig · 324 weeks ago Yard Sale – Friday Only – 4pm to 7pm – 624 North A Antiques and more!!!! Report Reply 0 replies · active 324 weeks ago 0 Vote up Vote down Lori · 323 weeks ago Bake Sale Saturday May 31st . From 8am till noon. Where, Walmart parking lot. All money raised goes to Relay for Life of Sumner County. Come check out the goodies, and support us. Report Reply 0 replies · active 323 weeks ago 0 Vote up Vote down kim · 323 weeks ago ESTATE/MOVING SALE – 1528 Readus – btw A & B St off 21st – behind Andy’s parking lot in wellington Thursday June 5 – 4:00 to 7:00, Friday June 6 1:00 to 7:00 and Saturday June 7 9:00 to 3:00. House and garage are full!! Everything priced to go!! Furniture, old glassware, refrigerator, old board games and puzzles, old metal lawn chairs, patio set, nice craftsman riding mower, scaffolding, tools, and much more!! Report Reply 0 replies · active 323 weeks ago 0 Vote up Vote down Michaela · 323 weeks ago Multi-family garage sale. 422 East Walnut 8-12. Variety of items including toddler boy clothing ranging from sizes 2T-5T as well as shoes, some adult men and women clothing, toys, crib, queen sized headboard, and more. Cancelled if raining. Report Reply 0 replies · active 323 weeks ago 12Next » Post a new comment Enter text right here! Comment as a Guest, or login: Login to IntenseDebate Login to Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Submit Comment Subscribe to None Replies All new comments Comments by IntenseDebate Enter text right here! Reply as a Guest, or login: Login to IntenseDebate Login to Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Cancel Submit Comment Subscribe to None Replies All new comments by Tracy McCue, Sumner Newscow — The following are the garage sales that we have for May 30-June 1, 2014. If you still need garage sales advertised just use the comment section below. Good luck, bargain hunting!Happy bargain selling and hunting! Follow us on Twitter.last_img read more

WHS Daily Bulletin: Sept. 16, 2014

first_imgSubmitted to Sumner Newscow — Today’s Wellington High School bulletin for Tuesday, Sept. 16, 2014:Tuesday•JV Tennis at Winfield 3 p.m.•Varsity Tennis at Conway Springs 3 p.m.•Varsity/JV Volleyball at Mulvane 5 p.m.Wednesday•KU Honors BanquetThursday•Varsity Tennis at Ark City 3 p.m.•Cross Country at Chaparral 4 p.m.•C-team Volleyball at WHS 5 p.m.•JV Tennis at WHS 4 p.m.Friday• WHS football at Circle 7 p.m.Saturday•Varsity Tennis at Kingman 9 p.m.•Varsity Volleyball at Chaparral 9 p.m. Tuesday’s lunch: Chicken nuggets, mashed potatoes/gravy, tossed salad w/romaine, applesauces, hot roll/jelly. *Students enrolled in Agriculture classes may pay their FFA dues to Mrs. Chase.  Dues are set at $25.00 and need to be paid by Sept. 25. *There will be a Crusader Creator meeting tomorrow from 3:30-5:00 in the 3D art room.*It is not too late to join us on our trip to Ireland, England, Scotland and Wales in June 2015!  If you are interested please see Mrs. Groom for information as soon as possible.  Trip price will go up Oct. 1. *Experience a day in the life of a Shocker! Don’t miss out on Wichita State University’s Junior and Senior Days this fall. At these events you will explore the different academic majors and student involvement opportunities WSU has to offer. Students will also have the opportunity to tour campus and Koch Arena, home of Shocker Basketball. If you are interested in attending, please visit the counseling webpage under Camps, Senior/Junior Days. Today’s News *Any sophomores or juniors interested in taking the PSAT, please see Mrs. Hatfield in the counselor’s office by September 25th. *Attention Stuco members:  There will be a meeting tomorrow at 7:15 am in room 107. *Volleyball will leave at 3:40 today. Wednesday’s lunch: Soft chicken taco, tortilla chips/salsa, refried beans, corn, peaches. Guidance Office News:College visits during lunch:Thursday, September 18- Cloud County CCFriday, September 19- SouthwesternFriday, September 26- KUMonday, October 6- Newman UniversityMonday, October 6- Washburn Tuesday, October 21- KANSAS STATEThursday, October 23- Butler CCC Tuesday, November 11- Pittsburg StateThursday, November 13- Fort Hays College.Follow us on Twitter.last_img read more

Max Holloway out of UFC 226 title bout with concussion woes

first_imgNadine Lustre’s phone stolen in Brazil Volcano watch: Island fissures steaming, lake water receding In fight vs corruption, Duterte now points to Ayala, MVP companies as ‘big fish’ Holloway then volunteered to fight Khabib Nurmagomedov for the UFC lightweight belt on six days’ notice in early April after Tony Ferguson dropped out of the much-anticipated title bout with an injury. But Holloway couldn’t make the weight cut in time, with doctors pulling him from the show one day before the weigh-in when he showed distress.Holloway last fought in December, when he stopped former champ Jose Aldo for the second consecutive time. He won the interim featherweight title by beating Anthony Pettis in December 2016, and he took the undisputed title with his first victory over Aldo last June.He has won 12 consecutive fights since losing a decision to Conor McGregor in August 2013.Ortega (14-0) was up next for Holloway after the Los Angeles-area native extended his unbeaten career in March with a knockout victory over Edgar. The UFC could put Ortega into a replacement fight on short notice, or it could give an interim title shot to Ortega in the near future.The UFC’s International Fight Week show has lost a major fight due to injury for the fourth consecutive year, including three straight years during the week of the fight.Last July, bantamweight champion Amanda Nunes dropped out of her bout with Valentina Shevchenko just a few hours before the show with an illness.In 2016, Jon Jones was scheduled for a light heavyweight title rematch with Cormier, but Jones was pulled three days before the show due to a violation of the UFC’s anti-doping policy.Sports Related Videospowered by AdSparcRead Next Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award LATEST STORIES Putin’s, Xi’s ruler-for-life moves pose challenges to West ‘High crimes and misdemeanors’: Trump impeachment trial begins View comments Trump assembles a made-for-TV impeachment defense team SBP, Basketball Australia issue joint apology for brawl The UFC didn’t immediately confirm any changes to the penultimate bout on its biggest show of the summer.“Max’s team and UFC staff noticed Max was not normal since late last week,” the statement from Holloway’s camp said.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkSPORTSTim Cone still willing to coach Gilas but admits decision won’t be ‘simple yes or no’Holloway’s camp indicated the champion stayed overnight in an emergency room Monday before he had even started his weight cut for the bout. Holloway was taken to an emergency room again Wednesday after awakening groggily from a nap following an open workout for fans at the MGM Grand.“Max fought with his team to continue with the fight,” the statement said. “He showed some improvement (from Tuesday to Wednesday) but was still showing obvious symptoms. After open workouts he crashed and was very hard to wake up. When he did, he had flashing vision and slurred speech.” MOST READ Palace OKs total deployment ban on Kuwait OFWs FILE – In this Thursday, April 5, 2018, file photo, UFC featherweight champion Max Holloway gestures while responding to reporters’ questions during Media Day for UFC 223 at the Barclays Center in New York, ahead of his upcoming lightweight title fight against Khabib Nurmagomedov. (AP Photo/Kathy Willens, File)LAS VEGAS — UFC featherweight champion Max Holloway’s representatives say he is dropping out of his title defense against Brian Ortega at UFC 226 this weekend due to apparent concussion symptoms.Holloway’s management team announced the decision in a statement issued Wednesday night, three days before the bout.ADVERTISEMENT In an interview earlier Wednesday, Holloway (19-3) said he was particularly excited about fighting on the UFC’s International Fight Week card, held annually in Las Vegas near the Fourth of July holiday. He was eager to fight in front of a large group of fans traveling to Vegas from his native Hawaii.He was also excited to fight on a card with Daniel Cormier, his close friend and the UFC light heavyweight champion, who is moving up to challenge heavyweight champ Stipe Miocic in the main event.“Glad to be back in action,” Holloway said. “Glad to be rocking and rolling. This week is going to be special. … I feel blessed. It’s a huge fight for sure, and I’m just so grateful and so thankful to be part of a week like this. People don’t understand. This is the Super Bowl of the UFC. There’s two fight cards you want to get on: The International Fight Week or the end-of-the-year card, and I got on one of them.”The 26-year-old Holloway is one of the UFC’s most dominant and most charismatic champions, but he has been pulled from three prospective bouts this year due to three apparently different health problems.Holloway initially was scheduled to defend his belt against former lightweight champion Frankie Edgar at UFC 222 on March 3, but he was pulled from the bout in early February due to a leg injury.ADVERTISEMENT Report: Disney dropping the ‘Fox’ from movie studio names Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Don’t miss out on the latest news and information. last_img read more