View post tag: USS Hopper October 2, 2017 Authorities US Navy destroyer USS Hopper (DDG 70) got underway from Joint Base Pearl Harbor-Hickam on September 28 for an independent deployment to the Western Pacific and Middle East.While deployed, the ship will conduct theater security cooperation and maritime presence operations with partner nations. Having steadily worked through a sustainment cycle, the ship’s commanding officer is confident in his ship’s performance.“The crew has worked hard sustaining all of the ship’s certifications since returning from deployment seven months ago,” said Cmdr. Jeff Tamulevich, commanding officer of Hopper. “I am proud of the resiliency of these sailors and all they have accomplished to maintain Hopper’s readiness. We look forward to operating with our allies and partners from around the world again.”Hopper has a crew of nearly 330 officers and enlisted sailors and is a multi-mission ship designed to operate independently or with an associated strike group.The Arleigh Burke-class destroyer is named after Rear Adm. Grace Hopper who is best known for her accomplishments as a pioneering computer scientist. The ship was last deployed to the Arabian Gulf, Western Pacific and Indian Ocean from August 2016 to February 2017. View post tag: US Navy Share this article USS Hopper deploys to Western Pacific and Middle East Back to overview,Home naval-today USS Hopper deploys to Western Pacific and Middle East
Local authority funds in England and Wales remain cash-flow positive, largely due to returns from investments, a report has shown.The Local Government Pension Scheme (LGPS) Advisory Board, set up by the government to monitor the performance of the English and Welsh funds, published the first annual report covering all of the nearly 90 schemes in the two countries.The report showed that the average funding ratio for the 2012-13 financial year stood at 79% across the schemes, with total assets of £180bn (€213bn) compared with liabilities in excess of £227bn.It also found that schemes received £12bn in income over the course of the year, exceeding the £9.2bn in benefit payments made during the same period. However, last financial year’s contributions only stood at £8.3bn, leaving investment returns of £3.1bn to prevent the system from becoming cash-flow negative.Kris Hopkins, the junior minister at the Department for Communities and Local Government responsible for the LGPS, welcomed the report’s publication.“By bringing together the data from all English and Welsh funds, the Shadow Scheme Advisory Board has helped usher in a new standard of transparency for scheme members, employers and taxpayers alike,” he said.“This will also provide a comprehensive and clear reference document for the scheme as a whole.”According to the report, the funds invested the largest amount of their assets, £73.5bn, in pooled investment vehicles, without offering a breakdown of what underlying assets these held.It added that a further 38% of assets were invested in standalone UK or overseas equity mandates, and £17bn in fixed income.The remaining £10.5bn were invested, directly or indirectly, in property and the final £9.8bn in undefined ‘other’ assets.In his remarks, Hopkins stressed the importance of the sustainability and affordability of the LGPS, shortly after the funds switched to a career-average, rather than final salary, approach for future pension accrual.His department is currently mulling how to cut costs among the local authority funds, with a ban on active investing considered.For more on the debate between active versus passive, see the active management Special Report in the current issue of IPE,WebsitesWe are not responsible for the content of external sitesLink to the LGPS Advisory Board’s first scheme annual report
WATCH: Kentucky’s Keldon Johnson nails half-court shot to send game vs. Seton Hall into OT The university later clarified that Kornet knew she wasn’t eligible for the prize and was allowed to participate because it was her birthday. Kornet made a layup, a free throw, a 3-pointer and a half-court shot in succession during a promotional halftime contest in UCLA’s matchup against the Fresno State Bulldogs.I JUST WON A CAR. THAT WAS EASY. pic.twitter.com/LICabfPgw2— Nicole Kornet (@NicKorn1) December 8, 2018The usual prize for hitting all four shots is a car, but as a former player for the Bruins women’s basketball team, Kornet was ineligible to win. Related News Make a half-court shot and win a car, right?Well on Friday, Nicole Kornet did more than that. “Nicole was selected to do the supershot game at halftime, but there was no prize on the line, and the game was not represented as such,” a UCLA spokesperson told ESPN via email Saturday. “They were aware all along that she was ineligible for any prize, as was Nicole. She did not sign a contract, and there was no mention of her playing for a car — or any prize — during the game.”UCLA let Kari and I know beforehand we would not be receiving the car if we were to make the half court shot. They allowed us to participate in such a fun half time tradition and for that I am very grateful. It was an amazing birthday! I love being a Bruin!— Nicole Kornet (@NicKorn1) December 8, 2018Kornet, 25, began her collegiate career at Oklahoma before transferring to UCLA. She started seven games for the Bruins in the 2016-17 season and averaged 7.7 points. Her brother, Luke Kornet, is on a two-way contract with the Knicks and has appeared in six games this season.