£10bn added to pensions bill as the old get older
Previous Article Next Article Continued improvements in life expectancy may have added as much as £10bn tothe pension fund liabilities of FTSE100 companies over the past three years. Pensions advisers Aon Consulting, using the Government’s latest lifeexpectancy figures and the FRS17 accounting rules, predicts that for every yearof increased life expectancy, pension costs will rise by approximately 3.5 percent. Paul McGlone, principal at Aon Consulting, said as life expectancy increases,companies must ensure they factor this into their company pension provisions. He said that failing to take into account just one extra year of lifeexpectancy when calculating pensions could cost companies millions if notbillions. “Our advice to companies is to check, on an ongoing basis, that theassumptions on which they base their pension provision are in line with thelatest life expectation figures as, as well as the experience of theirscheme.” McGlone said that new anti-age discrimination legislation – meaning thatcompanies will no longer be able to enforce a mandatory retirement age belowage 70 – will also impact on pensions. He said that as people come to realise that their company and state pensionswill not provide for an adequate retirement, their natural reaction might be towork longer. The latest government figures show that there has been a 10 per centincrease in the life expectancy of men over 65 since 2001. And male lifeexpectancy is expected to rise by an average of two years up to 2050. Current life expectancy for men is just under 76, while women live to atleast 80. The Department for Work and Pensions has launched a website providing adviceon changes to pensions. By Quentin Readewww.thepensionservice.gov.uk Related posts:No related photos. £10bn added to pensions bill as the old get olderOn 10 Feb 2004 in Personnel Today Comments are closed.
New Research – How Leading Organisations are Responding to Coronavirus and Creating Lasting Cultural Change
Application of the dielectric profiling technique to ice core studies
The dielectric profiling (DEP) technique is described and some of the differences between it and standard electrical tools used in ice core analysis are discussed. The results of DEP analysis on two cores from different regions of Antarctica, Dolleman Island and Mizuho Station are described. DEP measurements on the Dolleman core are related to the chemical composition of the core, showing that DEP can provide a high accuracy measure of total ionic content of the ice. The measurements on the Mizuho core are compared with earlier dielectric measurements on the same core which show dramatic changes over the 15 year period between the measurements. A mechanism which can explain the changes and other effects noted from d. c. conductivity (ECM) experiments, is suggested. The mechanism is based on the theory of d. c. conduction via liquid acid veins at triple junctions in the ice
Gun violence a growing problem in St. Joseph County as 2020 comes to a…
Pinterest WhatsApp Gun violence a growing problem in St. Joseph County as 2020 comes to a close Previous articleDeHaan: Expect gas prices to steadily climbNext articleColts to shrink attendance for next home game Network Indiana Google+ Google+ Twitter Pinterest (Photo supplied/ABC 57) Gun violence has been a growing problem in St. Joseph County for the last few years.WSBT reports St. Joseph County has seen anywhere from 18 to 22 homicides each year, but there were more this year.There were 37 homicides in 2020.Pastor Canneth Lee tells WSBT that getting the message across to kids when they are young that violence is not okay is the best way to prevent violence from happening. Facebook Twitter By Network Indiana – December 15, 2020 3 386 IndianaLocalNews Facebook WhatsApp
The Main Squeeze To Play With Members Of Lettuce And Rebelution At Tulane Crawfest Afterparty
With Crawfest at Tulane University coming next month, you can be sure there’s some funky music on the horizon. Leave it to the Howlin’ Wolf to keep the party going, as the New Orleans venue will host the 2nd annual KRAW?! after party. On April 16th, this year the venue will host some great performances, with Sexual Thunder! opening up for The Main Squeeze who will be joined by Crescent City Brass (Khris Royal of Dark Matter and Rebelution + Eric “Benny Bloom” of Lettuce). Funk yeah!The night starts with Sexual Thunder!, one of the fastest rising stars in the New Orleans scene. The band puts out some of the most energetic, dirty funk around, never failing to incite a dance party wherever they go.After that, it’s up to The Main Squeeze to properly rock out. Squeeze has blown up in recent years, as the band brings their rockin’ show on the road through a rigorous touring schedule. The band is powered by a dynamic sound that brings a little funk, a little rock and a whole lotta soul. It’s never a dull moment with The Main Squeeze! They’ll be joined by Crescent City Brass, a new New Orleans duo featuring Khris Royal on saxophone and Eric “Benny” Bloom on trumpet. Respected for their work with Dark Matter, Rebelution and Lettuce, respectively, the duo is sure to keep you shaking it!These two bands hit the Howlin’ Wolf on April 16th, for an exciting Tulane Crawfish afterparty. KRAW?! You know it. Tickets are available here.
NDSP investigates crime
Notre Dame Security Police (NDSP) is investigating the second incident of alleged forcible fondling reported on campus within 24 hours, according to an email to the student body Tuesday evening. The incident occurred early Sunday morning outside a residence hall on South Quad, police said. “The victim had recently met the suspect while walking to her residence hall from another hall on campus,” the email stated. NDSP is also investigating another incident of forcible fondling in the early hours of Sunday morning, and the department alerted students to that report via email Monday evening. The Tuesday email warned students to be aware of their surroundings and watch out for friends to reduce the risk of sexual assault. “Forcible fondling and other sexual assaults can happen to anyone,” the email stated. “College students are more likely to be assault by someone recently met than a stranger. This means the person perpetrating the assault could be part of the campus community.” The email also warned students that perpetrators may target victims after giving them drugs or during excessive consumption of alcohol. Information about sexual assault prevention and resources for survivors of sexual assault is available from NDSP at ndsp.nd.edu and at the Committee for Sexual Assault Prevention at http://csap.nd.edu.
Notre Dame receives record-breaking research grant for disease prevention
Notre Dame recently received a record-breaking grant of $33.7 million to conduct research on the prevention of mosquito-borne diseases using a new spatial repellent product that works to reduce mosquito densities and fight diseases like malaria, dengue, Zika and chikungunya. Unitaid, an international health organization, agreed to fund the five-year project after a long and competitive proposal process. For the scientists behind the project, though, the amount of money was not of primary importance.“We like to focus on the impact of the science rather than the monetary value,” the project’s principal investigator, John Grieco, said. “The value is something the University looks at. For us, it’s more the impact we’re having on human health. When you work alongside these communities and individuals, you see the struggles that they have day-to-day. If we can see a product through to reduce disease in these communities, that’s the success for us.”Notre Dame Research, the central department that oversees infrastructure and management for student and faculty research on campus, has been particularly involved in this project due to the magnitude of the grant. “Dr. Grieco came to us right away and said, ‘This is going to be big,’” vice president of research Robert Bernhard said. “You could see in the announcement that they were looking for some pretty sophisticated project management.”Grieco and his team continued to work with Unitaid during a 19-month proposal process, one of the longest he has ever been through, he said. However, his work with spatial repellent products has spanned much longer. Grieco and Nicole Achee, a medical entomologist who serves as the scientific director of the project, have been working on developing spatial repellent products for over two decades.The process began when Achee was invited to speak about spatial repellent research at a conference in Madrid, Grieco said. Funding representatives from Unitaid were present in the audience, and when Unitaid sent out a general call for proposals, several people from the organization were already familiar with their work. Though this didn’t guarantee a grant, Grieco said it was certainly an advantage.“When we first started working with spatial repellents, people thought there was no such thing,” Grieco said. “It’s been a long process on getting recognition that they actually have a function in reducing vector-borne disease. Now, we’re trying to have the World Health Organization formally recognize the utility of spatial repellents for use against malaria and other vector-borne diseases.”In order to receive the World Health Organization’s formal recognition, Grieco and his team must conduct clinical trials and operational studies. The clinical trials, which will take place in controlled environments in Kenya and Sri Lanka, will examine the effectiveness of the spatial repellent product over a period of one to two years, Achee said. “We’re not trying to make a better product, we’re trying to make a product to help existing tools,” she said. “In some settings, it could be that the spatial repellent is the only product used, or it could be added onto existing strategies.”The product could be especially effective in places where the spread of vector-borne diseases is difficult to prevent using current methods, including refugee camps, where many people live in tents or three-walled structures.Achee said after the clinical trials, the team will conduct operational studies in displaced persons camps in Mali and Uganda to determine the effectiveness of different distribution methods for the product. “We need an understanding of how well it works in a real-world setting,” Achee said. “We’re looking at how to distribute products to achieve the greatest coverage, and how many products can be distributed over what period of time [and] to how many people.”While developing and researching their product, Grieco and his team have found some unexpected results that contribute toward their ultimate goal of reducing vector-borne diseases.“The more we study them, the harder it becomes for us to narrow down what the true effects are,” Grieco said. “Originally, we thought that mosquitoes would pick up the chemical in the air and move away from the area. But now through some of our research, we’ve found that they impact on biting, mating and many other behaviors. They’re causing a disruption in the mosquito lifestyle, which has an impact on the disease.”Bernhard said researchers at Notre Dame have a history of working with infectious, neglected tropical diseases that goes back to the 1940s.“We believe that being a force for good in the world means that we need to have some of our programs be more applied and in-the-field,” Bernhard said. “It’s part of the bigger strategy to reach out and be involved in research that has an impact.”Tags: academic research, biology research, disease prevention, research grants
8 To 10 Foot Pet Snake Rescued From Olean Apartment Fire
Image by the Olean Fire Department.OLEAN – An 8 to 10-foot pet snake was rescued by City of Olean firefighters during a blaze Tuesday evening.The Olean Fire Department says crews found the snake outside of its cage while searching a second floor apartment on West Greene Street that was filled with heavy smoke.Using a container, crews captured and removed the pet. Firefighters also discovered a second snake, successfully removing it as well.Two pet cats were also recovered; however, they did not survive the fire. The apartment’s tenant, crews say, was not home at the time of the blaze.The Fire Department says the fire was ruled an accident after investigators say flames started when a heat lamp tipped over, igniting combustible materials. Flames then spread to the adjoining walls and ceiling.Crews are now reminding residents using heat lamps to make sure it is secured to prevent them from tipping over. Share:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to email this to a friend (Opens in new window)
Incubating new businesses
By Sharon OmahenUniversity of GeorgiaUsing a proposed incubator-type facility, University ofGeorgia food scientists in Griffin, Ga., plan to help more foodindustry representatives launch new food products from Georgiacommodities. “Some 15,000 new food products are introduced annually in theUnited States,” said Rakesh Singh, head of the UGA Food Scienceand Technology Department. “Of those, 80 percent are withdrawn intwo years, which translates into a loss of $4 billion.” New businesses need nurturingThe way Singh and his food scientists see it, that failurerate means new food businesses need more nurturing. To do that,the department hopes to open an incubator facility on the UGACollege of Agricultural and Environmental Sciences’ campus inGriffin, Ga.The facility would be part of the existing Food ProductInnovation and Commercialization program there. It would serve asa partnership between small food business entrepreneurs, UGA foodscientists and the Griffin-Spalding County community. Fundingfor the 19,000 square-foot facility is currently being soughtfrom federal, state, local and private sources.”This is an outstanding opportunity for our community to beinvolved in research and commercialization of new products,” saidDavid Luckie, director of the Griffin-Spalding County DevelopmentAuthority. “Of course, we selfishly would like to see the newbusinesses develop here in our county.” Strengthen, advise and releaseSingh said the new facility would give companies a strongerstart. “Small companies could come to Griffin and establish theirbusinesses in-house with support from UGA faculty,” he said.”(Then they would) reach a stage when they would be ready to opentheir own businesses or expand existing product lines.”At the Food PIC facility, new business owners would be guidedin product development, packaging, food safety, consumeracceptance, marketing and a host of other areas, Singh said.Singh saw a similar project through to fruition while workingat Purdue University. He says programs like the Food PIC programhelp smaller companies, farmers and entrepreneurs produce nicheproducts, offer customized services and target specialitymarkets.For years, he said, Georgia farmers have grown and sold bulkcommodities. Then a processor converts their crops intohigh-value products and reaps the profits.”The Food PIC program and the incubator facility would helpthem take advantage of niche markets the megacompanies can’tserve efficiently,” Singh said. “Our growers ought to produceniche products and not bulk commodities. They can’t compete withmegacompanies in selling what those large companies sellglobally.”
Honduras Says That Military Agreements with the U.S. “Remain Firm”
By Dialogo July 22, 2009 Tegucigalpa, July 20 (EFE).- Military relations and security protocols between Honduras and the United States “remain firm,” the Undersecretary of Defense of the Central American country, Gabo Jalil, told EFE today. The official of the new administration headed by Roberto Micheletti, following the coup d’état against ousted president Manuel Zelaya on June 28, indicated that “Honduras is going to respect these relationships with the United States.” As a result of Zelaya’s overthrow, some popular sectors that are demanding Zelaya’s return to power have begun to call on the United States to suspend military aid to Honduras and withdraw its military personnel stationed on the local base of Palmerola, about seventy-five kilometers north of Tegucigalpa. Asked about this issue, Jalil responded that “the military relations and protocols with the United States remain in place” and that so far, “no information has been received” regarding a possible suspension or withdrawal. Honduras and the United States maintain a military agreement dating from 1954, by which multiple cooperation and security programs involving the two countries have been established. The Palmerola Base was built by U.S. military personnel at the beginning of the 1980s as part of the U.S. security strategy in the region during the Cold War. The overthrow of Zelaya, dispatched by the military to Costa Rica, has given rise to a series of protests by sectors demanding his return, which Micheletti’s administration has made conditional on his agreement to stand trial for multiple crimes of which he is accused by the Attorney General’s Office. Zelaya took office on 27 January 2006 for a four-year term.