UK’s £29bn Railways Pension Scheme appoints trustee chair as CEO

first_imgJohn Chilman is to become chief executive of the £29bn (€33.5bn) pension provider for the UK railways sector. He will be responsible for the Railways Pension Scheme’s (Railpen) in-house investment manager, RPMI Railpen, and its pension administration business.Chilman is currently the scheme’s chair of trustees and has been on the trustee board since 2007.His appointment follows the resignation of Phil Willcock, who will officially leave the scheme at the end of February after quitting less than a year into his role as CEO.  Babloo Ramamurthy, chairman of RPMI, said: “John’s past knowledge and experience of RPMI and his reputation as an innovative leader for many years in the pensions industry will be invaluable to ensure RPMI continues to deliver the trustee’s mission of paying members’ pensions securely affordably and sustainably.” Chilman added: “RPMI is a fantastic business, with knowledgeable and passionate people delivering an incredibly important service for hundreds of clients and hundreds of thousands of pension scheme members.” Chilman will take on his role at RPMI – the parent company for Railpen’s investment and administration businesses – in June. He is currently group head of pensions at National Grid, overseeing the utility provider’s pension arrangements in the UK and the US since May 2017.He became chair of the trustee board of Railpen in 2014, having been a trustee director since 2007. He will step down from this role in March.Chilman’s experience also includes a period as group pensions director at transport company FirstGroup and group head of reward at HBOS, a high street banking group. He is also an independent trustee director for the Nestlé UK Pension Fund.last_img read more

Jamesie all set for Curragh repeat

first_imgJamesie bids to rediscover his old form and repeat last year’s victory in the Gerrardstown House Stud Supporting Breast Cancer Research Renaissance Stakes at the Curragh on Saturday. Press Association He said: “We have tried him in the blinkers again as he just got a little bit lazy at home. “We made the mistake of keeping him going after Dubai as we thought there was a chance of going to Singapore, but that didn’t materialise and I felt then he had been in training too long without having a break. “We gave him a little break and he had a couple of ordinary runs, then he came back the other day at Tipperary. It was an encouraging run. He travelled very well, but he would have needed it. “Nobody really got into the race, while he is not a five-furlong horse. I was happy enough with the run, though, as I felt he moved a lot better with the blinkers on. “This is the race he won last year, claiming the notable scalp of Gordon Lord Byron. He is a good, solid, tough horse, but not quite a Group One performer. He owes us nothing as we have enjoyed a lot of fun over the years, but he seems to be training well and is in great form.” Tom Hogan reports multiple Group One winner Gordon Lord Byron to be in excellent order ahead of his attempt to reverse placings with Jamesie. While he has just a win in the Listed Dash Stakes at the Curragh to his name this season, the seven-year-old has held his form well, running some creditable efforts in defeat including last time out when finishing a close-up third in the Prix Maurice de Gheest at Deauville. Hogan said: “He couldn’t be better. He had a leg stretch on the Curragh on Tuesday morning and he’s in great form. David Marnane’s seven-year-old gelding landed the six-furlong prize 12 months ago after mastering triple Group One scorer Gordon Lord Byron in what was to be his sole victory of the season. Although yet to show the same level of form heading into this year’s renewal of the Group Three contest, Marnane was encouraged by his sixth in the Listed Abergwaun Stakes over the minimum trip at Tipperary earlier this month on his first start since May. “He ran a good race in France and he’s in top form so there is no point in having him looking out over the stable door, we may as well run.” Letters Of Note will attempt to take the next step up the sprinting ladder having claimed the Listed Yeomanstown Stud EBF Dark Angel Stakes at Naas on her most recent start. The three-year-old is one of two runners in the race for trainer Michael O’Callaghan. The Lumville handler will also be represented by Rapid Applause who will be making his first start over the trip in almost a year. He said: “Letters Of Note is in great form. She’s really turned the corner. She’s got a lot of confidence since her last run and she knows she’s a sprinter. She’s on fire at home and is in great order. “Rapid Applause has come forward a lot since his last run. As everyone knows, he was sick earlier in the year. “He had a real good blow that day after his race at the Curragh and he’s come on a lot so we’ve been turning the screw with him at home since. I expect him to run very well. “Obviously it’s very difficult for sprinters when they’re taking on older horses, as it will be for Letters Of Note as well. “It’s a nice race for him to run him, but it’s the only option as well.” Trainer Edward Lynam is triple-handed with Balmont Mist, Moviesta and Fort Del Oro all set to take their chance, while the Michael Halford-trained Toscanini will attempt to rediscover the winning touch having scored at Naas on his penultimate start before meeting with defeat last time out at the Curragh. The field is completed by the Johnny Murtagh-trained Stroll Patrol and Ansgar from the yard of Sabrina Harty. last_img read more

PBC School District Temporarily Drops Service Hours for Seniors

first_imgGraduation seniors in our area will have one less thing to worry about this time around, due to COVID-19.The Palm Beach County School District passed an emergency order Wednesday which states that graduating seniors who have not completed their 20-hour community service requirement will not be penalized.School board members agreed to institute the one-time waiver for the 2019-2020 school year.In addition, they changed student attendance to be counted based on student engagement in live virtual class discussions, and submission of written assignments, as well as participation in class discussion boards.One school board member voiced concerns that students may take advantage of the revised policies.“I think some way we have to figure out, as we try to be flexible, for those who are not able to go online or the household with numerous children on one device and so forth, that we don’t create a problem,” said Dr. Debra Robinson, school board member representing District 7.Other changes made include how the calculation of final grades for middle school and high school students will be determined.Calculation of Final Middle School Grades-Due to the cancellation of EOC civics test, the final course grade shall be an average of the four quarters.-Students who are absent more than 10% of the marking period will not be required to demonstrate mastery by passing a quarterly assessment for Quarters 3 and/or 4 High School Credit Courses offered in Middle School will follow the rules and exemptions outlined in the High School Credit Section of this document.Calculation of Final High School Grades-Semester Grades: All students will be exempt from second semester exams for high school credit courses. The 2nd semester grade will be calculated using the 3rd and 4th nine weeks grade. Grades will be rounded up to the nearest letter grade. The requirement that students pass a semester exam if they have excessive absences is waived for the 2nd semester-Full Year Grades for Courses with an EOC:The final grade for high school courses with an EOC will be calculated as follows: Q1: 22%; Q2: 22%; Semester 1 Exam: 12%; Q3: 22%; Q4: 22%The requirement that students pass the Fourth Quarter when over the absence limit in order to receive credit is waived for this school year.The emergency policy adoption is also only in effect for 90 days, unless it is extended.last_img read more