Netherlands should offer additional saving in state pension, say experts

first_imgThey were not keen on a proposal put forward by the Social and Economic Council (SER) – which represents employers and trade unions – which was recently leaked as a “concept agreement” between companies and workers.Unions subsequently denied that the leaked document was the final version of a proposal for a new pensions contract.“People pay a monthly contribution but don’t know at all what they’ll get at the end of the day,” Verhoef told De Telegraaf.The experts acknowledged that money paid for additional AOW benefits could ultimately generate a lower pension than premiums paid into a pension fund.However, Verhoef emphasised that people valued certainty, “which pension funds and insurers don’t offer”. He added that trust in Dutch pension funds had “crumbled” after years of low or no inflation-linked payments and the looming threat of benefit reductions in some cases.Westerbrink added that workers in countries such as France and Germany already had the option to save for a higher state pension.“It is about time that social affairs minister Wouter Koolmees looks further than just pension funds,” he said. Dutch workers should be offered the option to save for a more generous state pension to avoid dependency on pension funds, according to Dutch experts.Writing in Dutch daily newspaper De Telegraaf, pensions law professor Hans van Meerten, Charles Verhoef, chair of self-employed workers’ lobby group Zelfstandigen Bouw, and consultant John Westerbrink argued that this would be an affordable way for additional pension saving without individuals being forced to take on more investment risk.“People who save a certain amount every month could know exactly how much their benefits would be in 30 years’ time,” they explained.In the authors’ view, purchasing additional benefits through the Netherlands’ state pension system – known as AOW – must be offered as an alternative to accruing a pension with a pension fund.last_img read more

Here’s your chance to own a bayside icon

first_img Celebrity holiday hideaway snapped up Want to become an instant multi-millionaire The home at 25 Waterloo Esplanade, Wynnum. Picture: supplied.The most expensive home to sell in Wynnum is back on the market and expected to fetch a multimillion-dollar price. The waterfront property at 25 Waterloo Esplanade, known as San Remo, last sold for $2.5 million in September 2016. The home sits on a 1113sq m block with unobstructed water views, inground pool and landscaped yard. San Remo has a wraparound veranda with iron lacework, polished timber floors, high ceilings and a marble fireplace. The view from one of the bedrooms at 25 Waterloo Esplanade, Wynnum. Picture: supplied. MORE NEWS: Buy a waterfront home, get an incomecenter_img Owner Les Manning said the property was a “magnificent residence” enhanced by the waterfront address with a beach across the road. “We fell in love with it as soon as we saw it. It’s a beautiful home in a beautiful spot,” he said.“Being a great family home was the big attraction for us, along with the views, the magnificent breezes and the direct water access.” “It’s on a good size block of land – you’re not crowded in. “And it’s a beautiful timber Queenslander with verandas right around. Inside it has high ceilings and there is plenty of elbow room.” The home has plenty of original character features. Picture: supplied.Mr Manning said he was selling due to a change in family circumstances but he hoped San Remo was bought by a family who appreciated the home’s traditional style. “It’s a home that won’t be out of fashion in 10 or 20 years time,” he said.More from newsParks and wildlife the new lust-haves post coronavirus10 hours agoNoosa’s best beachfront penthouse is about to hit the market10 hours agoPlace Manly principal Marc Sorrentino sold the property in 2016 when it set the suburb record for Wynnum and has taken the home to market again. Mr Sorrentino said San Remo was one of the bayside’s most iconic homes and had all the requirements for multimillion-dollar sale price. The view from the from veranda. Picture: supplied.“All properties that have set record prices in the area are waterfront homes on bigger than average blocks,” he said. “San Remo is on 1113sq m of waterfront land with a wide frontage and on a quiet part of the esplanade.“It is also a beautiful, lowset character home.” Mr Sorrentino said the property would “absolutely” set another record. The home at 25 Waterloo Esp, Wynnum, is for sale via tender with tender closing on December 6 at 4pm.last_img read more

Twisters Sectional 60 Champs

first_imgThe Oldenburg Academy Twisters won their very first Sectional Title over the Weekend with a 53-37 victory over The Rising Sun Shiners.  This is the 13th season of boys basketball at Oldenburg Academy.  This year is their first winning season.  They ended the regular season at 10-9.The Twisters won three games at The South Decatur Sectionals including a 78-62 1st Round  win against Hauser on Tuesday night.  They followed that up defeating Jac-Cen-Del 61-55 in the Sectional Semi-Finals on Friday night.  OA captured The 1a Sectional 60 Crown on Saturday Night beating Rising Sun.The Twisters will be playing at The Martinsville Regionals this Saturday to battle The Clay City Eels in Game 2.  The Tipoff will be around Noon.  Game 1 will be The Greenwood Christian Cougars squaring off against The Indy Metropolitan Pumas starting at 10.Listen to WRBI for our Regionals Doubleheader starting with The Greensburg Pirates going up against The Silver Creek Dragons at The Washington Regionals starting at 10.  WRBI’s Countdown To Tipoff will be around 9:20.A special thanks to Jonathon Maple at Oldenburg Academy for the pics.Congrats to The Twisters and Coach Moorman from The Sports Voice-Country 103.9 WRBI!last_img read more

Former Bulldog Standout Wes McKinney Named HCAC Male Athlete of the Year

first_imgFormer Batesville Bulldog Basketball standout Wes McKinney was named The Heartland Collegiate Athletic Conference Male Athlete of the Year.  Wes wrapped up his junior year with The Panthers.McKinney becomes the first Hanover Panther to win the award on the men’s or women’s side. McKinney was also named HCAC Men’s Basketball Player of the Year in February.  He also earned a pair of All-American accolades including second team Academic All-American by the College Sports Information Directors of America (CoSIDA) fourth team All-American selection by D3 Hoops earlier this year.McKinney led Hanover in scoring with 18.7 points per game, as well as leading the conference in rebounding with 8.3 per game.  Wes surpassed the 1,000 point mark during the season.The Panthers finished the 2016-17 campaign with 26-4 record, advancing to its first ever NCAA Tournament “Elite Eight”, winning both the HCAC regular season and tournament titles along with a Top 10 finish in the final 2016-17 D3Hoops.Com National Top 25 Poll at #7.Courtesy of Larry Duke and Tyler Jester from Hanover Athletics.last_img read more

West Indies pick Melius to lead 15-man squad to ICC U19 World Cup

first_imgST JOHN’S, Antigua,  (CMC) – Stroke-maker Kimani Melius has been named to lead a 15-man West Indies Under-19 squad to the ICC Under-19 Cricket World Cup which bowls off in South Africa next January.The right-hander, who hails from St Lucia, is one of three surviving members from the disappointing campaign in New Zealand last year, with left-arm spinner Ashmead Nedd and seamer Nyeem Young also included.West Indies Under-19s will clash with England Under-19s and Sri Lanka Under-19s in a Tri-Nations Series here next month, before heading to the showpiece which runs from January 17 to February 9.“The majority of players have been in the programme for 12  months and the Tri-Series represents the first competitive action for all bar three of the squad,” said chief youth selector Robert Haynes.“Melius, Nedd and Young all featured in the 2018 World Cup and the experiences they gained in New Zealand will be tapped into and filtered through the team.”Left-arm spinner Ashmead NeddHead coach Graeme West added: “I would like to congratulate the 15 players selected to represent the West Indies in both the upcoming U19 Tri-Series and the ICC U19 Cricket World Cup.“The Tri- Series was always a key component to the team’s preparation and it will be used to establish our game strategies and reinforce the key messages that the support staff have identified as essential to playing successful white ball cricket.”He added: “Everything we have been working on over the last 12  months has been designed to prepare the team for the opening World Cup games against Australia and England on January 18 and 20”.West Indies will do battle in a tough Group B alongside England, Australia and minnows Nigeria, with the top two teams from each of the four groups advancing to the next round.Melius, who averaged 38 at the last Under-19 World Cup, will lead the batting unit while selectors have opted from a strong pace element in order to exploit conditions in South Africa.“We have looked to develop a strong seam bowling attack and the five seamers selected all offer something different,” Haynes explained.“(Jayden) Seales and (Matthew) Forde were successful in the U19s Rising Stars Regional Tournament that took place in St. Vincent and the Grenadines while (Ramon) Simmonds was the surprise package with his extra pace and bounce.“We have also looked for batsmen that are comfortable on the back foot and are prepared to play with a positive intent. Mbeki Joseph was a late addition to the squad but fully deserved his call up with a string of big scores.”He added: “The Tri-Series will provide the perfect preparation challenge with a mix of styles likely to be displayed by England and Sri Lanka. The six group games will provide the players with opportunities to build confidence and get their game in order before the attention turns to the World Cup.”West Indies Under-19s entered the 2018 showpiece as defending champions but finished third in Group A to miss out on a quarter-final spot, and eventually finished 10th overall.SQUAD – Kevlon Anderson, Daniel Beckford, Matthew Forde, Joshua James, Nyeem Young, Antonio Morris, Ashmead Nedd, Mbeki Joseph, Leonardo Julian, Avinash Mahabirsingh, Kirk McKenzie, Ramon Simmonds, Matthew Patrick, Jayden Seales.last_img read more