ICYMI: Governor Wolf’s #PAbudget Facebook Town Hall

first_imgLike Governor Tom Wolf on Facebook: Facebook.com/GovernorWolf By: The Office of Governor Tom Wolf February 22, 2017 ICYMI: Governor Wolf’s #PAbudget Facebook Town Hall   SHARE  TWEET SHARE Email Facebook Twitter Budget News,  The Blog,  Videos Yesterday, Governor Tom Wolf hosted a Facebook Town Hall to answer your questions about his 2017-2018 Budget Proposal and other topics, including Medicaid expansion, REAL ID, and property taxes.The governor responded to questions posted by Facebook users from Altoona, Erie, Philadelphia, Warren, Wilkes-Barre (and more) — and also accepted an invitation by Mayor Anthony Celeste to visit Coraopolis.If you didn’t get to watch the live stream on the governor’s Facebook page, you can watch a replay of the town hall below.Skip to the governor’s answers on topics that matter most to you by clicking on these subjects.Affordable Care Act (1:32)Property Taxes (2:36)REAL ID (4:18)Unemployment Compensation (5:57)Property Taxes (8:18)Rural Health (9:52)Legalizing Marijuana (11:40)Minimum Wage (12:36)Intellectual Disabilities (15:07)Pensions (15:50)Severance Tax (17:48)Libre’s Law/Anti-Animal Cruelty (19:56)Unification of Health and Human Services & Aging Services (20:44)Public Safety (22:28)Substance Abuse Epidemic (24:54)LGBT Equality (28:43)Retirement Incentive (30:03)Veterans (31:16)Online Poker (32:16)To learn more about the governor’s budget proposal, you can visit the Governor’s Executive 2017-2018 Budget web page.last_img read more

IORP II to revise investment guidelines, introduce remuneration policies

first_imgA draft proposal seen by IPE in March previously listed requirements for schemes to produce risk evaluations immediately following any significant change in risk profile.In what will likely be perceived as a swipe against the Dutch and Irish pension systems, the Commission said the changes were necessitated by a “failure of certain funds” during the financial crisis, leading to reductions in benefits for members.“This has shown a need to strengthen governance provision,” the Commission said.In a detailed Q&A dossier, the Commission stressed that its proposals would seek to “ensure the soundness of occupational pensions” by laying down minimum governance standards and requiring all of the sector’s regulators to conduct stress tests.It said the revised directive would remove existing obstacles to cross-border provision so that funds and sponsors alike could “fully reap the benefits of the single market”, and that this would be accomplished by introducing a pension fund transfer procedure to facilitate the shift of funds between member states.“Innovative companies, raging from SMEs to multinationals, would be able to reduce staff costs through economies of scale, risk diversification and innovation,” the dossier added.Additionally, the revised Directive will overhaul investment rules across Europe, seeking to remove nationally legislated investment rules perceived as a barrier to “financing of growth in the real economy”, the Commission said.“The proposal would change the existing provisions on investment restrictions to make sure occupational pension funds remained free to invest in infrastructure [and] unrated loans,” the dossier said, “thus ensuring that investments, in particular with a long-term profile, should not be restricted if the restriction is not justified on prudential grounds.”The overhaul stands alongside Commission pledges to examine whether pension investment can be attracted to infrastructure loans by increasing the level of transparency in the market.In a move likely to be controversial, the Directive retained a requirement seen in several drafts for a uniform pension benefit statement.The Commission insisted the standardised approach would help members compare different schemes and assist pension providers, particularly where these operate cross-border.However, a number of countries – most notably the Netherlands and Denmark – have spent significant time and industry resources developing their own universal statements catered to national needs, which include online portals.The Commission said the statement would be a “first layer in a modern multi-layered approach to communication, with national specifities described more in depth in subsequent layers”. The revised IORP Directive will aim to modernise investment guidelines to foster long-term investment and improve cross-border activity by developing a framework for the transfer of benefits between member states, the European Commission has said.Publishing the long-awaited Directive – excluding the controversial pillar I solvency rules and instead focusing on governance, supervisory and disclosure requirements through pillars II and III of the legislation – the internal market commissioner Michel Barnier said the proposals would “further develop occupational pension funds as key long-term investors”.Barnier previously said the Directive would be “less regulation, more politics”, but he indicated that it would still fall to his successor to consider the introduction of solvency requirements for pension funds.The measures introduced include new governance requirements for internal audit, revised remuneration policies for pension funds to avoid conflicts of interest and a requirement for a self-assessment of fund risk – described as the Risk Evaluation for Pensions.last_img read more

Van Aanholt: Emenalo blocked me winning Eredivisie title

first_img Loading… “I spoke to him a few times. I even yelled at him! After my loan period with Wigan Athletic ended, I had an agreement to go to FC Twente. They were at the top in the Netherlands at the time. “Steve McClaren was the trainer and I wanted to play for him. He really wanted me and I thought, ‘Cool!’ But Michael then called me and told me I had to go to Vitesse. Read Also:AC Milan shortlist ex- Chelsea chief Emenalo for Sports director job “I said to him, ‘No, I don’t want to go to Vitesse, I want to go to FC Twente’. However, he said, ‘No, you have to go to Vitesse’. I then accepted it, but when I got there I didn’t play. “ FacebookTwitterWhatsAppEmail分享 Crystal Palace fullback, Patrick van Aanholt, has recalled missing out on the Eredivisie title while with Chelsea. Emenalo Van Aanholt was originally brought to England by the Blues and he recalls arguing with former technical chief, Michael Emenalo over his loan options. He told the Athletic: “Michael Emenalo was the technical director.Advertisementcenter_img Promoted ContentPortuguese Street Artist Creates Hyper-Realistic 3D Graffiti8 Superfoods For Growing Hair Back And Stimulating Its Growth5 Of The World’s Most Unique Theme ParksWhich Country Is The Most Romantic In The World?Top 10 Most Romantic Nations In The WorldThe Models Of Paintings Whom The Artists Were Madly In Love WithBirds Enjoy Living In A Gallery Space Created For ThemWorld’s Most Delicious Foods13 kids at weddings who just don’t give a hoot2020 Tattoo Trends: Here’s What You’ll See This YearDid You Know There’s A Black Hole In The Milky Way?The Funniest Prankster Grandma And Her Grandsonlast_img read more