French cabinet names high commissioner for pension reform

first_imgMacron’s government has planned to move to a universal pension system by aligning the current multiple schemes that form a complex, fragmented system.In a report on its latest economic survey of France, the Organisation for Economic Cooperation and Development (OECD) said Macron’s plans should contribute to reducing public spending, and would strengthen labour mobility and reduce management costs.“The improved transparency would help address public concerns regarding inequities,” it said.The next step would be to gradually raise the minimum retirement age, it added.Pension spending in France amounts to 14.3% of GDP, one of the highest rates among OECD countries, according to the inter-governmental organisation. It raised its outlook for economic growth in 2017 for France from 1.3% to 1.7%, the highest rate for six years.Discussions about the pension reform are scheduled to start next year. Buzyn has previously spoken of implementing the reform in the next legislative period, starting in 2022.Read more about pensions in France in IPE’s 2017 edition of the Top 1000 European Pension Funds The French government has got the ball rolling on its pledge to reform the country’s pension system with the appointment of Jean-Paul Delevoye, a former minister, to the newly created post of high commissioner for pension reform.The high commissioner position is attached to the solidarity and health ministry, which is led by Agnès Buzyn. It was legally created via a decree published earlier this week, with the cabinet approving Delevoye’s appointment yesterday.He will be responsible for organising consultations with the main pension stakeholders, co-ordinating preparations for reform with ministers, drafting legislative and regulatory texts, and monitoring their implementation.Delevoye is a former French senator, and served as civil service minister under the Chirac presidency from 2002-04. He was formerly a politician for the centre-right UMP party – since renamed as the Republican party. He backed Emmanuel Macron in this year’s presidential elections, and was chosen to chair the nomination commission for the ensuing legislative elections.last_img read more

Aguilleira calls time on international career

first_imgBRIDGETOWN, Barbados (CMC) – Former captain Merissa Aguilleira yesterday announced her retirement from international cricket, bringing to end a stellar career that saw her play over 100 One-Day Internationals.The move comes a week after the 33-year-old Trinidadian was dropped for the upcoming tour of Ireland and England, following a poor domestic championship.“I wish to thank all members of the team with whom I worked and who worked with me to secure success in our endeavours to bring pleasure, pride, happiness and inspiration to West Indian people everywhere,” said Aguilleira.“It is an absolute honour to have been of service to West Indies Cricket. My continued goal is to assist CWI to build and develop women’s cricket and help others like me to achieve their dreams.”Aguilleira led West Indies in 74 of her 112 ODIs and in 73 of her 95 Twenty20 Internationals, and was in charge when the Caribbean side reached the final of the ICC 50-over World Cup in 2013 in India where they lost to Australia.With the emergence of Stafanie Taylor, Aguilleira handed over the captaincy four years ago but remained a part of the side, and played a key role when they won the historic first T20 World Cup in India in 2016.However, her performances declined in recent years and opportunities became fewer, most notably when she failed to get a single game at the T20 World Cup in the Caribbean last November.Her last international came on the tour of Pakistan last February when she led the side in the three-match T20 series after Taylor opted out.Director of cricket, Jimmy Adams, said Aguilleira’s professionalism would be her greatest legacy.“From my own experience this cannot be the easiest of times for Merissa. However, her dignity and candour in communicating this decision has been exceptional,” he said.“The highest accolades are due to her for a career spanning more than 10 years and which included over 100 ODIs. Far exceeding the statistics, Merissa has been the epitome of professionalism throughout her career whilst consistently upholding the highest possible standards on and off the field.”Aguilleira made 1 752 runs in ODIs at an average of 20, while claiming 78 catches and 26 stumpings. In T20s, she scored 768 runs at 14 and completed 38 catches and 34 stumpings.last_img read more

Michigan coach Jim Harbaugh wants to see Tom Brady statue on campus

first_imgBrady tallied 4,773 passing yards and 30 touchdowns in his career at Michigan before entering the NFL draft in 2000. He has now won an NFL-record six Super Bowl titles. The Patriots are tied with the Steelers for the most wins all time as well (6). Former Patriots RB Antowain Smith on Tom Brady: ‘To me, he is the G.O.A.T.’ A familiar face could return to Michigan.Jim Harbaugh wants a Tom Brady statue to be built on the campus following New England’s victory in Super Bowl 53 on Feb. 3. The four-year coach expressed his desire to honor the former Michigan quarterback on his podcast, Attack Each Day. Super Bowl 53: Tom Brady and Bill Belichick’s legacy by the numberscenter_img Brady started 23 games for the Wolverines between 1998 and 1999. He was 20–5 as a starter after he served as a backup in both of his freshman and sophomore seasons. “I think it’s time, don’t you, for a Tom Brady statue to built right here,” Harbaugh said. “Right in front of Schembechler Hall, or do you put it in the stadium? Where would you put the Tom Brady statue?”The tunnel? Maybe the tunnel? Where do you put it? Maybe some of the listeners can tell us.” Related Newslast_img read more