A few minutes, later my friend realized she did not have her purse. She looked all around her seat and couldn’t find it. During intermission, we went back to the Guild Room and looked around, but didn’t see it. We even had a small boy who was there climb under the table, but he said there was nothing there.After the show, we checked her car and did not see it. By now, my friend was a nervous wreck. We returned to the box office and told the story to a pleasant employee, who listened patiently to us, calmed us down, and arranged for someone to open the Guild Room.A young man from housekeeping was already waiting for us in the room. I crawled under the table with the table cloth, hanging all the way to the floor, and found the purse.We are very thankful that Proctors has such good employees who efficiently helped us in distress.Helen SteinerScotiaMore from The Daily Gazette:EDITORIAL: Beware of voter intimidationEDITORIAL: Urgent: Today is the last day to complete the censusEDITORIAL: Find a way to get family members into nursing homesFoss: Should main downtown branch of the Schenectady County Public Library reopen?Schenectady teens accused of Scotia auto theft, chase; Ended in Clifton Park crash, Saratoga Sheriff… Categories: Letters to the Editor, Opinion On Dec. 3, my friend and I attended “The Nutcracker” at Proctors. We first were in the Guild Room, then found our seats in the orchestra.
Charlie Finch, partner at consultancy LCP and lead adviser to the RMPP trustees, added: “Insurers were engaged early in the process, which meant the trustee was well prepared and could move quickly to take advantage of an attractive pricing opportunity when it arrived.“This is a good example of a trustee, with sponsor support, acting decisively to remove pension liability risk in the Post Office Limited Section.”The Post Office section of the RMPP closed to future accrual on 31 March last year.Royal Mail plans to introduce a collective defined contribution (CDC) scheme for all its current employees and, with trade unions, is lobbying government to make the legislative changes necessary for such a scheme to operate. The Post Office is a separate organisation and is unaffected by the CDC discussions.Universities and staff seek USS dealThe UK’s Advisory, Conciliation and Arbitration Service (ACAS) is to step in to help resolve the long-running dispute between universities and staff union UCU over the future of the UK’s biggest pension fund. University staff have been on strike since 22 FebruaryLecturers began strike action earlier this month in protest at plans to stop DB accrual in the Universities Superannuation Scheme (USS). The scheme’s Joint Negotiating Committee has opted to stop future DB accrual from April 2019 and switch all staff to a defined contribution scheme. The changes were estimated to cut USS’ deficit by more than half, from £12.6bn to £6.1bn.However, the University and College Union (UCU) pushed for strike action in protest at the changes. It has argued for a “small amount of increased risk” in USS’ assumptions – which it has claimed are too cautious – and changes to accrual rates without removing the DB element.Yesterday both the UCU and Universities UK, which represents employers, agreed to more talks over the scheme’s future. ACAS will oversee the discussions, which will begin on Monday.Universities UK asked the union to stop strike action while the ACAS talks took place, but in a statement yesterday the UCU indicated that lecturers would still walk out today. Further walkouts were scheduled for 5 March for four days and five days from 12 March.Trustees growing more concerned about fraudPension scheme trustees are more aware of potential fraud risks but “too complacent” about prevention, according to consulting firm RSM.The audit and tax specialist surveyed 124 UK trustees and found more than half (52%) saw fraud as a “significant threat” to their members – up from 41% in a similar survey conducted last year.The findings follow political debate about pension savers falling victim to scams as they seek to take advantage of flexibilities around withdrawing retirement funds.RSM said 85% of trustees questioned had included fraud on their schemes’ risk registers. However, one third failed to carry out an annual test of anti-fraud controls.The consultancy also warned that schemes were neglecting some forms of scam, such as “pensioner existence fraud”, whereby somebody continues to take the pension of a deceased member.Ian Bell, head of pensions at RSM, said: “Schemes must do much more to uncover ‘old school’ frauds such as relatives continuing to claim payments after a member’s death or tackling suspicious pensions transfer requests, while at the same time staying alert to new and evolving threats such as cybercrime.”Fiona Frobisher, head of policy at The Pensions Regulator, said it was “encouraging” that fraud and cybercrime were on trustees’ agendas. She added that trustees also needed to ensure “robust internal controls are put in place and are being tested”.Note: This article was updated to clarify the distinction between Royal Mail and the Post Office. The Royal Mail Pension Plan (RMPP) has insured £450m (€510.1m) worth of defined benefit (DB) liabilities with Rothesay Life.The transaction secured benefits accrued after 2012 by 5,700 members of the Post Office section of the RMPP, most of whom have yet to retire.Rothesay Life linked the price of the deal to a portfolio of gilts, the insurer said in a statement, “giving price certainty during execution and ease of premium payment once executed”.Joanna Matthews, independent chair of the RMPP, described the deal as “an important step in improving the security of Post Office workers’ pension benefits”.
USC surrendered 56 points to No. 6 Oregon on Nov. 2 and even struggled against weaker competition this year. The Trojans allowed 35 points to UCLA, 31 points to Colorado and 30 points to BYU. Baxter’s special teams unit ranked last in college football this season in kickoff return coverage and allowed two kickoff return touchdowns. He had served as USC’s special teams coordinator since 2016 and also worked as the associate head coach and special teams coordinator from 2010-2013. USC also saw another change to the coaching staff Saturday when outside linebackers coach Joe DeForest accepted a safeties coach job at North Carolina State. DeForest spent just one season in the role at USC after being promoted from defensive analyst in December of 2018. “Although we did fight through adversity all season and we showed improvement over the previous year, my coaching staff and I fell short of fielding a championship team,” Helton said. “We are taking immediate steps to improve our competitiveness and meet the winning expectations of our student-athletes and fans.” But the changes have been expected since long before Friday’s loss. USC’s defense entered Saturday ranked No. 77 nationally with 408.7 yards allowed per game this season. In the last few weeks of the 2019 USC football season, head coach Clay Helton and athletic director Mike Bohn said they would spend time over the offseason considering potential changes to the coaching staff heading into 2020. Those changes began just one day after the season finale. Helton announced Saturday that defensive coordinator Clancy Pendergast and special teams coordinator/tight ends coach John Baxter will not return for next season. The moves come on the heels of a blowout loss to No. 16 Iowa Friday at the SDCCU Holiday Bowl in San Diego. The Trojans were steamrolled by the Hawkeyes for 49 points, including touchdowns on each of Iowa’s first four offensive drives and a 98-yard kickoff return touchdown in the second quarter. “I want to thank Coach Pendergast and Coach Baxter for their dedicated service and efforts,” Helton said. “However, in evaluating our team’s performance this year and after consulting with AD Mike Bohn, it is evident that these changes are necessary.” No replacement for any of the three positions has been named.