5 Castille Court, Isle of Capri.A SURFERS Paradise property that last changed hands for $99,000 has sold for $1.55 million.The late Kevin and Maureen Murphy bought the five-bedroom house at 5 Castille Court in 1976.This week it sold for seven figures – 15 times more than what they paid for it.Real Estate agent Robert Graham of Ray White Prestige Gold Coast took the Isle of Capri residence to auction earlier this week.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North1 hour ago02:37International architect Desmond Brooks selling luxury beach villa21 hours ago 5 Castille Court, Isle of Capri. 5 Castille Court, Isle of Capri.The 789sq m fan-shaped block features a five-bedroom house with 25m of water frontage.The highest sale on Castille Court is $2.5 million for No. 1 in 2011.Isle of Capri is home to some of the most lavish mansions on the Gold Coast, yet the locale remains largely a sleepy residential community.The island also has a solid community of young professionals and families who are attracted by the central location and Surfers Paradise State School.
The funding levels of the two largest pension schemes in the Netherlands fell below 90% in August, further increasing the likelihood of early cuts to pension payments and accrued benefits.The €431bn civil service scheme ABP saw its coverage ratio fall to 88.6% by the end of last month, while the funding level of the €217bn healthcare pension fund PFZW dipped to 89.8%.The decline meant that funding of both schemes dropped further below the “critical coverage ratio” – set at 95% for ABP and 94% for PFZW – below which they cannot recover to full funding within a 10-year period.As a consequence, they must reduce pensions to improve their coverage ratios to the critical level through a single cut implemented next year. ABP’s head office in Heerlen, NetherlandsContribution increase wiped out by interest rate fallMeanwhile, Jos Brocken, employee chairman of PMT, said a recent decision by the social partners to raise the contribution level by 5.8% to almost 28% had almost been undone by collapsing interest rates.Last week, employers and unions decided to make the 5.8% part of the premium for early retirement (VPL) available to improve PMT’s funding level. The contribution will not be required to fund early retirements as of 2021.However, the additional contribution would become available no sooner than 2021.As the social partners also insisted on keeping the annual accrual at the maximum tax-facilitated level of 1.875%, this would mean that PMT’s funding was likely to deteriorate further.Brocken said that the pension fund wanted to agree on a new contribution rate for a three-year period, and that the question was whether the increased premium would be sufficient for 2021 and 2022.The chairman added that a cost-covering contribution would have to be approximately 35%. “In my opinion, this is impossible,” he said. Based on the situation at August-end, this means that ABP and PFZW will have to apply unconditional discounts of 6.7% and 4.5%, respectively, in 2020.PMT (€77bn) and PME (€50bn) were already facing pension cuts next year, as at the end of 2019 their coverage ratios had been short of the required minimum of 104.3% for five consecutive years.At August-end, PMT’s coverage ratio was 92.6% and PME’s was 91.5%. This was still short of the new minimum required level of 100%, set by the cabinet in June as part of the pensions agreement.The metal sector schemes, however, are allowed to spread their cuts – 7.4% for PMT and 8.5% for PME, based on the current figures – over a 10-year period.Dutch pension funds’ coverage ratios over 12 months (%)Chart MakerABP and PFZW, which both fell into underfunded positions one year later than the metal schemes, must restore any remaining funding gap between the “critical coverage ratio” and the minimum required level of 100% in 2021.However, while the schemes must take action immediately to address the gap to the critical level, further reductions in pension payments to reach 100% funding can be spread over 10 years.ABP said that pension cuts in 2020 were becoming “increasingly probable” due to worsening market conditions. It singled out falling interest rates as the main cause for cuts, as interest rates had a much bigger impact on its coverage ratio than achieved returns. read more
Indianapolis, In. — The American Legion, Department of Indiana has named East Enterprise resident, Travis Griffith the 2018 Kindergarten through 6th grade Educator of the Year.Griffith was sponsored by Post 185, from the 9th District.“American Legion officers selected Griffith because of his continued work to educate the future of our state,” said 9th District Cmdr. William Scharold. “Unfortunately, our awardee, Travis Daniel Griffith passed away with his loving family by his side in March. He was only 46 years old and leaves behind 4 children and his wife of 21 years. Travis was loved by his students, fellow staff and parents.”The Educator of the year for Grades K-6 was born in Madison, Indiana and was raised in Switzerland County. After graduating high school, he received his Bachelor’s degree in Education. He started his teaching career as a fourth-Grade teacher at Cartmell Elementary School in Carrollton, Kentucky.He eventually moved back to Indiana in 1999 where he took a position as a 5th grade teacher at Switzerland County Elementary in East Enterprise, Indiana.He is also a member of the Classroom Teachers Association, the National Education Association and conducted project-based learning through the Indiana Department of Education.His wife, Amy Lynn Griffith was on hand to accept the award on his behalf.The American Legion, Department of Indiana honors local heroes in the fields of military service, law enforcement, firefighters, emergency medical services, and educators every year in communities across Indiana. Learn more at www.indianalegion.org.The American Legion is comprised of more than 77,000 military service veterans who have served honorably during times of conflict in defense of their nation and has been active within Indiana since 1919. The Indiana American Legion has represented veterans from every major conflict since World War II to Iraq and Afghanistan within its membership. read more
Madison, IN—The Madison Salvation Army will once again offer warming stations as solutions during the cold this winter. They will be serving breakfast and lunch all winter during their feeding program. Doors open at 8:30 am and breakfast is served at 9 am. They will offer a free rack of coats all winter, as long as donations last, that will be available for pickup in their dining room starting mid-November. On cold nights, if the temperature has reached 32 degrees by 5 pm, clients can come into the building to receive winter wear gear which includes blankets, hats, gloves, and warm layers as donations are available. If temperatures are at 15 degrees by 5 pm, they will open up their dinner dining program for a hot meal between 5:30p and 7:30p. If temperatures reach 10 degrees by 5 pm, they will have an emergency overnight warming center open. These changes are due to a lack of funding, volunteers, and personal resources. For more information, you can contact the Salvation Army at 812.265.2157. read more
“It’s a winning line-up,” he insisted, before jokingly shifting responsibility to pitching coach Rick Honeycutt and Ryu. “If (pitching coach Rick) Honeycutt just does his job really well, we’ll be fine,” Mattingly said, laughing. “It’s (all on Ryu) and Honeycutt.”Ryu did his part, giving up just a pair of runs over seven strong innings, and left wth a one-run lead.But it all went sideways in the eighth when Brian Wilson issued three walks, two hits and three earned runs to help set the Indians up for a 5-4 win.Just one of those days indeed.Still, in the game-within-the-game of a brutally long season that might need all 162 games to finally separate the Dodgers and the San Francisco Giants, Mattingly understands a healthy, mentally sharp club over the long haul trumps the immediate danger of an incomplete lineup against the Indians in early July.In fact, Mattingly identified the game months ago as a potential recliner chair some of his stars could chill out in, what with the first pitch scheduled for noon following a night game the day before.“I knew this game was coming,” Mattingly said.And that was before the neck soreness that plagued Gonzalez last season resurfaced and some of Puig’s recent at-bats crying out for an off day.Better to recharge Puig’s batteries now rather than pay a more serious consequence later in the season. Mattingly has been around Gonzalez long enough to know if you don’t step in with a day off, the All-Star first baseman is liable to grind himself right into a wall.“If you let him go too far it sets him back,” Mattingly said.So, with apologies to all those kids who showed up Wednesday to watch their heroes, that meant one-day breaks for Puig, Gonzalez and Uribe — although all three made appearances, as did Ramirez.Call it preventative medicine for a club that flipped the script on its season last month by making up 9½ games on the Giants to take over first place.In doing so, it widened their lens to capture a much bigger picture.No longer concerned with catching the Giants, the Dodgers’ focus now shifts to preparing for a lengthy pennant chase.Of which health and endurance is a prominent factor.And that means the kind of days off that Gonzalez, Puig and Uribe took Wednesday.“One hundred sixty-two games is a lot of baseball,” said Mattingly, who played 14 years in the big leagues. “It wears you down. You know that as a player, what it does to you. And you never forget.”Of greater concern is Ramirez, a talent so dominant he can tilt a field in his team’s favor for weeks at a time. Ramirez helped carry the Dodgers to the National League Championship series last season, but when Cardinals pitcher Joe Kelly drilled him in the ribs with a fastball in Game 1 of the NLCS — severely limiting Ramirez the rest of the series — the Dodgers were essentially done.On the other hand, he’s never shown a capacity to rise above nicks and bruises, so it’s essential the Dodgers get him as right as possible as they barrel toward an anticipated pennant race with the Giants. “We’re trying to get Hanley as healthy as possible,” Mattingly said.So much so they are contemplating shutting him down with a disabled list stint, a decision that might become official within the next two days.It’s something the Dodgers hoped to avoid, but they might not have a choice.For one, it will mean Mattingly having a full, healthy roster to play with until Ramirez gets back. And just as importantly, it will mean Ramirez focusing only on mending his calf and shoulder.Wednesday’s missed start was his eighth in the last nine games — the lone start lasting just two innings last Saturday — and he’s made just two pinch-hitting appearances this week.The limited availability has severely handcuffed Mattingly’s game-planning while diluting Ramirez’s efforts. By simultaneously trying to get ready to play every day and get healthy, he might be shortchanging himself.If he goes to the disabled list, all his focus will be on getting his body right.It will mean 10 games without one of their best players, but the trade-off might be worth it.For the Dodgers, it’s all about the long haul.Even if it means jeopardizing short-term goals to enhance long-term benefits. Ramirez, meanwhile, is facing a Thursday drop date on whether to spend the next two weeks on the disabled list.That meant the Dodgers B team taking the field against the Indians, with back-ups Clint Robinson, Scott Van Slyke, Carlos Triunfel and Miguel Rojas figuring prominently. The batting order was so out of whack, catcher A.J. Ellis was in the two hole.“Just one of those days,” Dodgers manager Don Mattingly said. “We’ve been going at it pretty hard.”Other than the pockets of colorfully clad summer-camp kids planted throughout Chavez Ravine — most of whom seemed too happy to be there to even notice who was missing — and starting pitcher Hyun-Jin Ryu, who had to take on the Indians without four key starters, everyone seemed fine with Mattingly handing out days off like they were free samples at Costco.Not that he was officially punting on a chance to take the rubber game in the three-game series against the Indians. Getaway day arrived a bit early for the Los Angeles Dodgers.The combination of a noon start against the Cleveland Indians and the mental strain of the prodigious June push that thrust them into first place were the catalysts for a decidedly watered down lineup on a sun-splashed Wednesday at Dodger Stadium.Adrian Gonzalez, Yasiel Puig and Juan Uribe were all out of the starting lineup, and Hanley Ramirez’s calf and shoulder aren’t yet fit enough to withstand a full nine innings.Gonzalez is dealing with some neck soreness — although it’s not expected to significantly set him back. Puig just needed a breather and Uribe is being handled with extra care since coming off the disabled list last week. Newsroom GuidelinesNews TipsContact UsReport an Error read more
The Nashville Predators announced Tuesday that the team has re-signed forward Colton Sissons to a seven-year contract worth $20 million. According to CapFriendly, the average annual value of Sissons’ contract will work out to $2,857,143 against the salary cap, leaving Nashville with roughly $2.3 million in cap space as of now. It’s quite a raise for the North Vancouver, BC, native whose contract had been worth $625,000 over the last three seasons.With the signing, Sissons and the Predators avoid a contract arbitration hearing that had been scheduled for July 26. SEVEN YEARS! 🔒@colton_es15 | #Preds https://t.co/Uv1yZsoYHQ— Nashville Predators (@PredsNHL) July 23, 2019Sissons, 25, recorded career-highs in goals (15) and assists (15) in 75 games last season while winning 53.1% of faceoff draws. Over the course of the centerman’s five seasons in Nashville, he has grown into one of the team’s most dependable penalty killers, averaging more shorthanded ice time per game (1:58) than any other Predators forward in 2018-19. read more