October 17

Governor Wolf Signs Six Bills into Law

first_img Bill Signing,  Press Release Harrisburg, PA – Governor Tom Wolf today signed six bills into law, including:Act 91 – House Bill 777, sponsored by Rep. Grove, allows for additional prescription drug assistance programs for seniors (PACE and PACENET) cardholders to retain benefits, which they would otherwise have lost as a result of Social Security cost-of-living increases.Act 92 – House Bill 1322, sponsored by Rep. Kaufer, makes various amendments to the Public Welfare Code, including changing the name of the Public Welfare Code to the Human Services Code.Act 93 – House Bill 1332, sponsored by Rep. Godshall, makes necessary updates to the Public Pension Program administered by the State Employees Retirement System (SERS) and the Public School Employees Retirement System (PSERS) to maintain compliance with the Internal Revenue Service (IRS) rules.Act 94 – House Bill 1603, sponsored by Rep. Watson, brings Pennsylvania into compliance with changes that have been made to the federal Uniform Interstate Family Support Act (UIFSA).Act 95 – House Bill 1735, sponsored by Rep. Maher, amends the Tobacco Product Manufacturer Directory Act (TPMA) by expanding the definition of “units sold” to include taxes on roll-your-own tobacco containers.Act 96 – House Bill 1736, sponsored by Rep. Krueger-Braneky, amends the Tobacco Settlement Agreement Act (TSSAA) by expanding the definition of “units sold” to include taxes on roll-your-own tobacco containers and the taxes collected on cigarettes sold without a tax stamp. Governor Wolf Signs Six Bills into Law December 28, 2015center_img SHARE Email Facebook Twitterlast_img read more

September 29

​Irish trustee qualifications risk ‘group think’, IAPF warns

first_imgThe Irish pensions regulator risks imposing “group think” on trustee boards if it pushes ahead with new trustee qualifications and should instead bring its proposals in line with the current draft of the new IORP Directive.The Pensions Authority has been warned that the proposal risks driving away lay trustees who, according to the Irish Association of Pension Funds (IAPF), bring a sense of balance to trustee boards.Instead, the trade body suggested limiting the requirements only to those trustees who are paid for their time, rather than those acting on a voluntary basis.The comments come in reaction to a September consultation on trustee qualifications, in which the Authority set out how the revised IORP Directive would impact domestic regulation and asked how to structure a potential curriculum for trustees.  “We suggest,” the IAPF said, “that any mandatory qualification requirements should apply to the trustee group as a whole rather than to each individual trustee.”It noted amendments made to the IORP Directive, after pressure from the UK and Ireland, that would only require a trustee board’s knowledge to be “collectively adequate”.Jerry Moriarty, chief executive of the IAPF, noted that the changes risked a “mass exodus” of lay trustees.“We do feel very strongly the lay trustees do have a lot to add,” he told IPE. “If everyone who is involved in running the pension scheme is paid to be there, then it does change the dynamics a bit.”He questioned whether having purely professional trustees on boards led to better outcomes, echoing the IAPF’s assertion that there was no “body of evidence” pointing to an improvement.Moriarty suggested the regulator “tread slowly” and said the industry was in favour of having trustees better equipped to deal with the challenges facing boards.“But requiring them to all complete the same degree in trusteeship is going a bit too far at this point in time,” he said.“If you are looking at any board – whether it’s for a company or a pension scheme – then one of the important things is to have diverse views and people who can ask tough questions and challenge.“If everybody who has come through the same school, then you are just going to have a major group think, rather than people questioning and delving into things, looking at it from a different point of view.”James Kavanagh, managing director of Trustee Decisions, agreed that lay trustees played an important role within schemes, calling their work “selfless”.But he also argued strongly in favour of improving their level of knowledge.“We need to ensure we have trustees who are knowledgeable, do not over-rely on advisers, operate with strategic clarity, have effective real-time decision-making procedures, are capable of adapting to change and manage conflict-of-interest issues,” he said.“All of this requires courage by trustees, especially in the area of challenging their advisers.”last_img read more

September 17

Lamolinara, Wardwell split time in net, guide Syracuse to 14-9 win over Cornell

first_img Published on April 9, 2014 at 12:08 am Contact Jesse: jcdoug01@syr.edu | @dougherty_jesse Facebook Twitter Google+ ITHACA, N.Y. — Dominic Lamolinara knelt. Then he crouched. Then he paced. With Cornell in a man-up situation and Bobby Wardwell fending off a flurry of shots to preserve a two-goal lead, the senior goalie — who took to the sideline after a strong first half — couldn’t stand still. But then Wardwell made a play that glued Lamolinara’s feet to the grass. The junior hustled to a save as it rolled to the near sideline and reached his stick out to give SU possession. Lamolinara, for maybe the only time in the second half, stood still in front of a line of his teammates. Then he clenched his fists. Then he screamed. AdvertisementThis is placeholder text“It’s more adrenaline than anything, I just can’t stop moving,” Lamolinara said. “That just proved that this substitution thing is working for us.”Against No. 6 Cornell (9-2, 1-3 Ivy League) Lamolinara started, but Wardwell jogged out to the cage for the second half, as has been the case for most of the season. The formula was particularly successful against the Big Red, as No. 7 Syracuse (7-3, 1-3 Atlantic Coast) cruised to a 14-9 win under the lights at Schoellkopf Field on Tuesday night. Lamolinara made six saves and gave up five goals on 21 shots in the first, and Wardwell followed with six more saves while yielding four goals on 18 attempts. And it was just the second time this season, in eight tries, that Syracuse held a ranked opponent to fewer than 10 goals.“I thought we both did a great job,” Wardwell said. “He played awesome in the first half and set us up for what we were able to do in the second half.”Cornell tested Lamolinara with low shot after low shot early in the first half, yet Lamolinara stayed close to the ground and protected an area that usually gives him trouble. Big Red midfielder John Hogan, who played with Lamolinara at St Mary’s (Md.) High School, was particularly shot happy out of the gates. But he — as well as midfielder Connor Buczek and star attack Dan Lintner — was stymied by his former teammate and Cornell scratched out just one first-quarter goal.“I felt a little shaky in warmups but getting my first save was a great feeling for me,” Lamolinara said. “Then I got a one-on-one off the knee that really got me in the zone, and it was easy pickings from there.”Amid his strong first half, Lamolinara let in four straight goals in the middle of the second quarter — a timely run that injected life into an otherwise listless Cornell attack. The defense broke down on consecutive possessions and Lintner scored two goals in 16 seconds. Then Buczek and midfield Joe Paoletta found space in the zone and pushed the Big Red ahead 5-4 a few minutes later. But Lamolinara regrouped to close the half unscathed. And once he got to the locker room at halftime, he knew his job was done. “I could hear him talking to Bobby to get ready and we hadn’t even made the call yet,” SU head coach John Desko said. “There’s a lot of confidence. They’re pretty comfortable in their roles and when they go in.“We’re very fortunate to have two goalies like that.”For most of the second half, as the daylight ran out and overhead lights lit the field, Wardwell stood alone as faceoff specialist Chris Daddio secured 9-of-13 faceoffs and the SU offense methodically worked. But when Wardwell was tested, he assumed his role as the team’s steadfast closer. After he shutdown Cornell’s pivotal man-up possession in the third, Wardwell made two key saves early in the fourth quarter before catching a rocket from Buczek with just more than three minutes left in the game. Immediately after he caught the ball, he slung an outlet pass that hit Tom Grimm in stride before Scott Loy netted the game-sealing goal. Then Wardwell stood up Lintner one-on-one with the final seconds ticking off the game clock, and threw another outlet pass. Except this time it sailed 80 yards and over the heads of all 18 players on the field. As the white ball dove toward the grass in front of the Cornell net, Lamolinara was already running onto the field to embrace Wardwell in front of the net. And in a crowd of bouncing orange jerseys, two players somehow stood alone. Said Lamolinara: “I think I jumped out of the box early because I was so excited. We’re lucky the refs didn’t see that. I was just trying to get to Bob.” Commentslast_img read more