UK government urged to revisit miners’ pension scheme surplus rules

first_img“Surely the money that miners paid was deferred wages,” Morris said. “It was for their benefit in their retirement, which they never got a chance to enjoy, or for their widows and other miners – not to be used as regeneration funds.“The importance of coal may have declined, but our gratitude to the miners should never wane and we owe them a debt of honour. Miners and their widows deserve better than poverty pensions. I am asking… to end the pension theft and allow miners and their widows a better quality of life in retirement in their remaining years.”During the debate, Ed Miliband, former leader of the Labour Party, led criticism of the 1994 decision to split the scheme’s surplus. He cited a written answer to a question tabled by fellow Labour MP Stephanie Peacock last year, which revealed that no official actuarial advice was sought before the arrangements were confirmed.“If there was no actuarial advice behind a decision that had billions of pounds worth of implications for hundreds of thousands of miners and their families, that really was negligence of the highest order,” Miliband said. “The more closely we look at this decision, the more dubious it becomes.”BEIS to meet with trusteesIn response to the debate, Andrew Stephenson, parliamentary under-secretary for the Department of Business, Energy and Industrial Strategy (BEIS), said he would meet with the MPS trustees later this month and pledged his “full support” for their efforts. He said he had shared an analysis of proposals for MPS changes with the UK’s treasury department.However, he stopped short of promising a government review and admitted the proposals did not include a change to the surplus-sharing arrangement.“Central to the trustees’ proposals is protecting existing bonuses,” he said. “Under that option, if there is a deficit in the future, members will still see their guaranteed pensions continue to rise in line with RPI [inflation], and their current bonuses will not be eroded. Without that additional guarantee, members may not be able to get any increase in payment, possibly for many years.”However, he said the proposals could mean a “significant additional liability” for the government.Although the motion received cross-party support, the vote was not binding, meaning that the government was under no obligation to follow through with a review.Speaker of the House John Bercow told MPs: “I rather fancy that this matter will be returned to again and again and again if members feel that the settled will of [politicians] has not been honoured in practice. I will also add that a situation in which the settled will of [politicians] is not then honoured in practice is bad for parliament.”Lawmakers, led by Labour party politicians representing former mining communities, have held two debates on the surplus-sharing arrangement this year, urging the government to take prompt action as the schemes’ membership was falling. Labour and Wales’ Plaid Cymru party both pledged to address the issue in their manifestos for the 2017 general election.A petition signed by more than 100,000 people in support of a review of MPS was delivered to prime minister Theresa May’s official residence in London earlier this year. A surplus-sharing arrangement for a UK pension scheme for former mineworkers must be renegotiated, according to politicians.During a debate in parliament last week, politicians called for a review of the arrangements for the £12bn (€13.5bn) Mineworkers’ Pension Scheme (MPS). The government has been entitled to take a 50% share of any surplus since the scheme was closed in 1994, in exchange for providing a funding guarantee.Since then, the government has taken at least £4.4bn from the scheme’s excess funds, according to official figures. However, members of the scheme have been campaigning for years to revise the scheme rules and improve the benefits granted to members – some of whom receive less than £80 a week, MPs heard last week.Grahame Morris, MP for Easington, a former mining community in north-east England, said the MPS trustees were keen to renegotiate the surplus-sharing arrangement, while acknowledging that the arrangement was necessary to allow trustees to take more investment risk.last_img read more

Watch out for fake peso bills, PRO-6 warns public

first_imgPrior to his arrest, policeinvestigators said De la Torre bought several sticks of cigarettes and a bottleof liquor at a sari-sari store in the said village. The PRO-6 encourages reporting similarincidents to help them catch those who are circulating these counterfeits. (With a report fromRPIO-Visayas/PN) The store owner did not notice thatwas handed to him was counterfeit money. The suspect even got P205 change forthe items. The assistance of barangay officialsof Barangay San Isidro was sought to track down Dela Torre.  The suspectwas caught with 54 pieces of fake P500 bills in his possession. He was detainedin the lockup cell of Police Station 3. ILOILO City – Beware of counterfeit peso bills circulating in public marketsand malls, the Police Regional Office (PRO) 6 warned thepublic on Thursday. A few hours later, Dela Torre wentback to the same store and bought several sticks of cigarettes, a bottle ofliquor and ice cubes using a fake P500 bill anew.center_img This after authorities confiscatedmore than 50 pieces of fake P500 bills from a man in Barangay San Isidro, Jarodistrict. The suspect was identified as 20-year-oldEdmond dela Torre. He was nabbed for illegal possession and use of falsetreasury or bank notes on Nov. 4. But during the inventory, the storeowner suspected that the two P500 bills were fake. Photo by IAN PAUL CORDERO/PNlast_img read more

VIDEO: Comoros here for Uganda Cranes clash

first_imgVIDEO: Comoros might have nothing to play for but pride but that has not dampened the spirit of the players and fans alike. At the arrival of the first of the contingent to the country, they were welcomed by singing and dancing by their fans plus a promise to give it their best on Sunday 4th September at Mandela National stadium. Share on: WhatsApplast_img

CAF: Onyango, Uganda Cranes best in Africa in 2016

first_imgAlex Iwobi (Nigeria & Arsenal)Coach of the Year:Pitso Mosimane (Mamelodi Sundowns)Club of the Year:Mamelodi SundownsNational team of the Year:UgandaWomen’s national team of the Year:NigeriaReferee of the Year:Bakary Papa GassamaCAF African XI for 2016Goalkeeper: Denis Onyango (Uganda & Mamelodi Sundowns)Defenders: Serge Aurier (Cote d’Ivoire & PSG), Aymen Abdenour (Tunisia & Valencia), Eric Bailly (Cote d’Ivoire & Manchester United), Joyce Lomalisa (DRC &AS Vita)Midfielders: Khama Billiat (Zimbabwe & Mamelodi Sundowns), Rainford Kalaba (Zambia & TP Mazembe),Keegan Dolly (South Africa & Mamelodi Sundowns)Forwards: Pierre-Emerick Aubameyang (Gabon & Borussia Dortmund), Sadio Mane (Senegal & Liverpool), Riyad Mahrez (Algeria & Leicester City)Subs: Aymen Mathlouthi (Tunisia & Etoile du Sahel), Kalidou Koulibaly (Senegal & Napoli), Salif Coulibaly (Mali & TP Mazembe), Islam Slimani (Algeria & Leicester City), Mohamed Salah (Egypt & Roma), Kelechi Iheanacho (Nigeria & Manchester City), Alex Iwobi (Nigeria & Arsenal) Big win for Ugandan football. PHOTOS CAFONLINEThe Uganda Cranes and goalkeeper Denis Onyango have been voted the best in Africa in 2016. This at the GLO CAF annual football Awards in Abuja, Nigeria.Cranes, best team in Africa, played a friendly in Tunisia on Thursday, and during the awards ceremony, were on a flight on their way to Dubai for their final preparations before a historic return to the African Cup of Nations due in Gabon.At the awards, goalkeeper Onyango, named best African Player of the Year Based in Africa,  was a winner on many fronts – with Cranes and his club Sundowns, best club in Africa, his coach Pitso Mosimane named Coach of the Year and he was also on the Africa XI of 2016.Onyango was picked for the African Player of the Year Based in Africa award ahead of Mamelodi Sundowns teammate Khama Billiat and Zambia’s Rainford Kalaba.He was outstanding when seven-time South African champions Sundowns won an historic CAF Champions League and also when Uganda qualified for this year’s Africa Cup of Nations after a long absence.Algeria forward Riyad Mahrez was voted African Footballer of the Year after he inspired Leicester City to the English Premier League title last season.Mahrez, 25, beat Gabon skipper Pierre-Emerick Aubameyang, who scooped the prestigious accolade last year, into second place, with Senegal star Sadio Mane, who features for Liverpool, taking third place.RELATED STORY: AFCON: Ochan, Mutyaba, Lubega dropped as final 23 named Share on: WhatsAppcenter_img Award winners:African Player of the Year:Riyad Mahrez (Algeria & Leicester City)African Player of the Year – based in Africa:Denis Onyango (Uganda & Mamelodi Sundowns)Women’s Player of the Year:Asisat Oshoala (Nigeria & Arsenal Ladies)Most promising talent:Kelechi Iheanacho (Nigeria & Manchester City)Young Player of the Year:last_img read more

Uganda Cranes off to take on Nigeria’s Super Eagles

first_img 2017Group Stage13th301213  1978Runners-Up2nd530297 There was also a sense at the end of the match that Ugandan football history has been made, and the older generation of stars are now confident a new generation of players is ready to carry Cranes into the future.“This is likely to be my last African Cup of Nations qualifying match at Namboole,” declared captain Denis Onyango who is yet to be beaten in the qualifiers. He has been between goal for five qualifying matches, 540 minutes without conceding.Kaddu’s goal not only assured Uganda of first place in Group K with one game to go, it also opened the door for Tanzania to also qualify.If the Tanzanians win in Lesotho on Sunday they will return to the African football showcase after a 38-year absence.Cape Verde coach Rui Aguas  admitted his side were second best and will be lucky to snatch second place.“Congs Uganda. They deserve the win,” he said, before rushing to catch a flight back to Cape Verde.Cape Verde were in the 2013 and 2017 Nations Cup finals.Group L  Standings P W D L F A  PTSUganda     5  4  1  0  7  0  13Tanzania    4  1  2  1  3  4   5C. Verde     5  1  1  3  4  5  4Lesotho     4   0  2  2  2  7  2Uganda’s Africa Cup of Nations record  1968Group Stage8th300328  2019 to 2023To be determined Host nation(s) / YearRoundPositionGPWD*LGSGA  1963Withdrew  1990Withdrew  1976Group Stage8th300326  1965Did not qualify *****MATCH REPORT Just when it looked like Cape Verde would hang on for a point, Patrick Kaddu used his head to break the deadlock as Uganda qualified for their second successive African Cup of Nations finals for the first time since the seventies.Kaddu popped from the blue to glance in a header from a fine cross by Godfrey Walusimbi in the 79th minute to spark of wild celebrations by Ugandan fans.Uganda Cranes capped the performance by holding on for their fifth consecutive clean sheet at the Cameroon 2019 qualifiers with what their French coach Sébastien Desabre, 41, said is his finest achievement.“Yes”, he replied when asked by journalists if this was his biggest achievement as a coach.  1957 to 1959Did not enter  1962Fourth Place4th200215  1980 to 1982Withdrew Kaddu scored for Uganda. He is off to Nigeria to take on Alex Lwobi’s Super Eagles Tuesday in a friendly. ? via @KadduPatrick9AFCON RESULTSUganda ?? 1 Cape Verde ?? 0South Africa ?? 1 Nigeria ?? 1NEXTNigeria ?? vs Uganda ?? (friendly, Tuesday)Kampala, Uganda  | THE INDEPENDENT | With the business of qualification for the Africa Cup of Nations completed, Uganda and Nigeria play a friendly Tuesday that can be considered a warm-up for Cameroon 2019.Uganda Cranes head coach Sebastien Desabre named an 18-man team that flew to Nigeria without skipper Denis Onyango but with the majority of players who were in action Saturday, including goal scorer Patrick Kaddu.The two goalkeepers who traveled with the team were Salim Jamal and Charles Lukwago.According to FUFA.COM, the team departed on Sunday morning at 9am after the flight was delayed by six hours. The game is set for the Stephen Keshi Stadium in Asaba.Technical Adviser Gernot Rohr also earlier called up stand – in captain Ahmed Musa and 22 other players for the qualifying match against South Africa’s Bafana Bafana played yesterday in Johannesburg. The same group will feature in the friendly against the Cranes of Uganda at the Stephen Keshi Stadium, Asaba.Squad to Nigeria:Goalkeepers: Salim Jamal, Charles LukwagoOther players: Nico Wadada, Godfrey Walusimbi, Hassan Wasswa Mawanda, Khalid Aucho, Denis Iguma, Moses Waiswa, Patrick Kaddu, Isaac Muleme, Timothy Denis Awany, Isaac Isinde, Allan Kyambadde, Taddeo Lwanga, Ibrahim Sadam Juma, Milton Karisa, Allan Kateregga, Derrick NsibambiI’m super Happy with our qualification to the AFCON. I understand our fans wants our A1 game in every games . The only positive out here is the fact that we have Qualified for the AFCON. Thank you to our fans all over the world . ?????? pic.twitter.com/00mhauCuEw— John Ogu (@ogujohnugo) November 17, 2018 READ FULL AFCON AFRICA ROUNDUP page 2Share on: WhatsApp Pages: 1 2  1992 to 2015Did not qualify  1984 to 1988Did not qualify  1974Group Stage6th301235 TotalRunners-Up6/311932141834  1970 to 1972Did not qualifylast_img read more

‘Pittsburgh Kid’ Spadafora wants to prove 40 is the new 30

first_imgBRING IT ON—Paul “The Pittsburgh Kid” Spadafora and his opponent Hector Velazquez of Tijuana Mexico laugh at each other as Roy Jones Jr and his partner Troy Ridgley TnT promotions and Roy Jones Jr presents looks on. (Photos by J.L. Martello)On July 11, Roy Jones Jr., in association with TNT Promotions put out a boxing card at the Rivers Casino billed as “The Rivers Rumble IV.”Jones has spent more than 25 years torching, torturing and utterly embarrassing almost every one of his opponents.  Just as he has generated success in multiple businesses, the multi-tasking Jones plans to build on his success as a boxing promoter.“I’m still doing my thing in the ring.  I will be defending my WBU World Title on July 26,” said eight-time world champion Roy Jones.  “I don’t think Paul Spadafora is too old to win a world title.  Bernard Hopkins proved that.  However after Chris Bosh signed a 118 million dollar contract to resign with the Miami Heat I might have to pick up basketball again.  My son is a great football player but now football is targeting the knee, so I’m encouraging him to focus more on basketball.  He is an outstanding point guard and his AAU Team is one of the best teams in the country.”The main event featured “The Pittsburgh Kid” Paul Spadafora, 49-1-1, 19 KO’s, who fought in Pittsburgh for the first time in five years.  Spadafora was coming off his first professional loss and a seven-month layoff after nose surgery.last_img read more

OLD FRIENDS FARM NAMED CHARITY BENEFICIARY OF 2016 BREEDERS’ CUP WORLD CHAMPIONSHIPS;FANS CAN RESERVE A MAKER’S MARK® COMMEMORATIVE ZENYATTA BOTTLE THROUGH DONATION TO OLD FRIENDS

first_imgLEXINGTON, Ky. (June 29, 2016) – Continuing its collaboration to raise funds for important causes, the Breeders’ Cup and Maker’s Mark® announced today that Old Friends Farm, home to some of the most popular retired Thoroughbred race horses, has been named the official charity beneficiary of the 2016 Breeders’ Cup World Championships.The Breeders’ Cup, the most prestigious international two-day event, consisting of 13 races and purses and awards totaling $28 million, will be held on November 4-5 at Santa Anita Park in Arcadia, Calif.Fans can contribute to Old Friends and receive a Maker’s Mark® limited edition commemorative Zenyatta bottle, the first and only female horse to win the Breeders’ Cup Classic, by making a donation and attending the Championships for Charity celebration on November 2 in Arcadia, Calif. (see rendering attached)This year, Ann and Jerry Moss, owners of Zenyatta during her racing career, worked with both Breeders’ Cup and Maker’s Mark® in selecting Old Friends as the beneficiary of the 2016 bottle program.Breeders’ Cup and Maker’s Mark® have collaborated on a three-year program offering a limited-edition, five-bottle collection featuring a few of the most legendary Champions in Breeders’ Cup history. Each bottle pays tribute with a customized design and signature from each Champion’s connections. In the first year of the program, Breeders’ Cup and Maker’s Mark® offered fans the opportunity to donate towards the first three limited-edition commemorative bottles of Breeders’ Cup Champions A.P. Indy, Lure and Personal Ensign. In 2017, a limited-edition commemorative Maker’s Mark® bottle of Cigar will be offered.To support Old Friends, fans can reserve a bottle at www.breederscup.com/championsforcharity by making a $400 donation to receive a 2016 Maker’s Mark® limited-edition commemorative Zenyatta bottle. Once the donation has been made, those donors can collect their bottles at Arcadia Night: Salute to Zenyatta, which will take place on Wednesday, November 2 at the Gold Line Plaza, in Arcadia. In addition to collecting the commemorative bottle, the evening will include live music, local food trucks and signature Breeders’ Cup cocktails, among other special amenities.“In conjunction with Maker’s Mark, we are very proud that Old Friends Farm, represented by the passion and dedication of Michael Blowen, is our chartable beneficiary this year,” said Breeders’ Cup President and CEO, Craig Fravel. “We recognize the importance as an industry of taking care of retired racehorses after they have given so much to us during their racing careers. We also look forward to many fans of Thoroughbred racing supporting this worthy cause with their donations to receive a commemorative bottle of Zenyatta, one of our greatest and most popular champions.”Breeders’ Cup Champions Alphabet Soup (1996 Classic), Eldaafer (2010 Marathon) and Amazombie (2011 Sprint) are in residence at Old Friends“We are flattered and grateful to have been chosen by Jerry and Ann Moss, as well as Breeders’ Cup and Maker’s Mark, for this prestigious campaign,” said Michael Blowen, founder and President of Old Friends, which is based in Georgetown, Ky. “The Mosses have been strong supporters of this organization almost since its inception, and we are so proud to be working with them on this remarkable tribute to the remarkable Zenyatta,” Blowen continued. “The impact this contribution will have on our retirees will be invaluable, and we just can’t thank everyone enough.”“Maker’s Mark has always had a strong connection to the thoroughbred racing community, and we’re excited to continue that relationship with this exclusive charitable program,” said Rob Samuels, 8th generation whisky producer and COO of Maker’s Mark. “The organization at Old Friends has a terrific mission and one that we’re proud to support, specifically with these Zenyatta commemorative bottles that capture the beauty of horse racing and the deliciousness of Maker’s Mark Bourbon.”Contact: Jim Gluckson, Breeders’ Cup, 212-230-9512About Old Friends FarmOld Friends is a 501 (c) (3) non-profit organization that cares for more than 160 retired racehorses. It’s Dream Chase Farm, located in Georgetown, KY, is open to tourists daily by appointment. Old Friends also has two satellite facilities: Old Friends at Cabin Creek in Greenfield Center, N.Y., and Old Friends at Kentucky Downs in Franklin, KY. For more information on tours or to make a donation, contact the main farm at (502) 863-1775 or see their website at www.oldfriendsequine.org.About Maker’s MarkAbout Maker’s Mark® BourbonIn 1954, at a small Victorian distillery in Loretto, Kentucky, Bill Samuels, Sr., fulfilled his dream to create a pioneering handmade bourbon that, for the first time, would appeal both to bourbon and to non-bourbon drinkers alike, that tasted good and exemplified good taste, and wouldn’t “blow your ears off,” which was the measure by which bourbons were judged at the time. He decided to make his whisky in small-batches of 19 barrels, developed a proprietary barrel char to enhance the softness and sweetness of his whisky, and then rotated each barrel by hand to ensure exposure to consistent temperatures throughout the warehouse, and, ultimately, he aged each barrel to taste. Bill Samuels, Sr., unknowingly and unintentionally, fired the shot that started the Bourbon Revolution, and transformed bourbon from a “commodity” into a premium handcrafted spirit, giving rise to the modern era of bourbon. Today, Maker’s Mark® continues to make its bourbon the same way Bill Samuels, Sr., did 60 years ago, in small batches by craftsmen who hand-dip each bottle. In 2010, in tribute to his father’s spirit of innovation, Bill Samuels, Jr., unveiled Maker’s 46®, a totally new bourbon that reflects the distinct character of Maker’s Mark® but has a bigger, bolder and complex taste without any hint of bitterness. In 2014, a limited 375ml bottling of Maker’s Mark Cask Strength, which is Maker’s Mark- uncut and unaltered, was released to select markets. The limited launch of Maker’s Mark Cask Strength generated tremendous enthusiasm and positive feedback, prompting a nationwide introduction of 750ml bottles in 2015. Maker’s Mark® Bourbon (45% alc./vol.), Maker’s 46R (47% alc./vol.) and Maker’s Mark® Cask Strength™ Bourbon Whisky, (54%-57% alc./vol.) are distilled, aged and bottled by the Maker’s Mark Distillery, Inc., in Loretto, Kentucky. In 1980, the distillery was designated a National Historic Landmark, becoming the first distillery in America to be so recognized, and has also been decreed as the “world’s oldest operating bourbon whisky distillery” by Guinness World Records®. The Maker’s Mark Distillery is one of the Commonwealth of Kentucky’s most popular tourist destinations, attracting hundreds of thousands of visitors annually. For more information, please visit the Maker’s Mark® website (www.makersmark.com). The Breeders’ Cup administers the Breeders’ Cup World Championships, Thoroughbred racing’s year-end Championships. The Breeders’ Cup also administers the Breeders’ Cup Challenge qualifying series, which provides automatic starting positions into the Championships races. The 2016 Breeders’ Cup World Championships, consisting of 13 grade I races and purses and awards totaling $28 million, will be held November 4-5 at Santa Anita Park in Arcadia, Calif., and will be televised live by the NBC Sports Group. Breeders’ Cup press releases appear on the Breeders’ Cup Web site, www.breederscup.com. You can also follow the Breeders’ Cup on social media platforms Facebook, Twitter, Instagram, Snapchat and YouTube About Breeders’ Cup last_img read more

REDDAM’S HOMEBRED MRAZEK MUCH THE BEST IN $100,000 THOR’S ECHO HANDICAP AS HE GLIDES TO 1 ½ LENGTH WIN UNDER GUTIERREZ; O’NEILL-TRAINED COLT BY SQUARE EDDIE GETS SIX FURLONGS IN 1:09.45

first_imgRACE IS PART OF GOLDEN STATE SERIES FOR CALIFORNIA-BRED OR SIRED HORSES ARCADIA, Calif. (July 4, 2016)–Red hot California-based stallion Square Eddie struck again in Monday’s $100,000 Thor’s Echo Handicap at Santa Anita, as Reddam Racing’s homebred Mrazek returned from a disappointing foray to New York to post a facile 1 ½ length win under Mario Gutierrez while covering six furlongs in 1:09.45.Breaking from the far outside in a field of six Golden State Series eligible three year olds and up bred or sired in California, Mrazek sat comfortably behind a group of four dueling leaders before he swung four-wide turning for home in a visually impressive display of class as Gutierrez geared him down near the wire.“He’s such an honest horse,” said O’Neill, who got his second win on the day. “Seven out of eight times now, he’s been first or second. His last race in New York (Grade II, seven furlong Woody Stephens Stakes at Belmont Park June 11), it was just a big field, he had a lot of traffic troubles and he just didn’t adjust…We were coming back in 22 days, but Mario didn’t overdo it with him in New York and that really helped.“He didn’t break as well as we’d hoped but Mario did a great job riding and adjusting to that. I think sprints are what he’ll be great at moving forward. I don’t think Mrazek will be going two turns anytime soon, but we’ll huddle up with Paul and Zillah (Reddam) about it and put our heads together.”Hammered to favoritism at 7-5, Mrazek, a 3-year-old chestnut colt by Square Eddie, out of the Wild Rush mare Heckuva Rush, paid $4.80, $3.40 and $2.60. His overall mark now stands at 8-3-4-0 and with the winner’s share of $60,000, he now has career earnings of $229,437.Is there any chance that Square Eddie, who is also owned by Paul and Zillah Reddam and is considered by many to be California’s number one stallion, would relocate to Kentucky?“Absolutely no chance of him ever moving,” said Paul Reddam.Last, about four lengths off the lead with a quarter mile to run, longshot Love My Bud shot through an opening at the rail a furlong out and finished second, a half length in front of Nardo, who had been part of the early pace dispute.Ridden by Rafael Bejarano, Love My Bud was off at 9-1 and paid $6.40 and $5.20.Ridden by Flavien Prat, Nardo held third by three quarter of a length over Magic Mark. Off at     6-1, Nardo paid $4.00 to show.Fractions on the race were 21.98, 45.07 and 57.13.Live racing resumes at Santa Anita on Friday, with first post time at 1:30 p.m. Simulcast wagering will be offered on Thursday in the track’s Paddock Room. Admission gates open on Thursday at 10 a.m.last_img read more