Individuals seek and receive donations online If you thought your charity can’t raise funds online, try visiting some of the Web sites of individuals who have seemingly persuaded others to making donations to help them pay off their credit card debt.There are generous people on the Internet. Some of them seem to be a little too generous in that they are giving to some causes that are, shall we say, a little less pressing than a cure for cancer or an end to starvation.A number of people have set up sites asking for donations to swell their own private coffers. Some of these online beggars say that they need help such as paying off their credit cards. And they are successful, it would seem. Karyn Bosnak at SaveKaryn.com was able to pay off her $20,000 credit card bills by November 2002 due to the online generosity of people who gave her $13,323.08. Advertisement Tagged with: Digital Giving/Philanthropy Penny Hawkins has set up a similar site to generate funds for herself at helpmeleavemyhusband.com. Rich Schmidt has raised £3,000 for himself so far at sendmeadollar.com.At least savethesuburbanites.com are honest about their pitch. The site, which doesn’t look as if it has been updated since 1999, reads: “Looking for a worthwhile charity to donate to?… Then you’ve come to the wrong place!… We want your money so we can quit our jobs for a year and see the world.”Some of these begging sites are amusing, others the result of some degree of need, and others are plain greedy. Still, they do demonstrate that people will give to the most unusual causes online. Most charities should be able to use their Web sites to convey a more truly compelling need for financial support. About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. 30 total views, 2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 25 January 2003 | News
The new pension deal in the Netherlands could be unfavourable for corporate pension funds that are financially healthy, according to directors of the schemes for Philips, IBM Netherlands and retailer C&A.This was for reasons including that such schemes would have to redistribute their buffers or that the accrual rate would drop sharply. “The core belief is that it’s good we have reached a pension agreement after nine years. It is important that the system evolves with social developments”, said Wouter van Eechoud, director and executive trustee of the €5bn IBM scheme.“It cannot be the case, however, that members of the better-financed schemes would be negatively affected by the new deal. This must be taken into account when the agreement will be implemented.” Jasper Kemme, Philips Pensioenfonds“A lot of measures are put on paper from a macro perspective, while the micro effects at fund level can vary enormously,” said Joost van Engers, director of Provisum, the €1.5bn pension fund for retailer C&A.“Sufficient attention must be paid to this, as a pension fund board ultimately wants to know what a measure means for their members,” he added. Philips pension fund director and executive trustee Jasper Kemme said: “You want to keep having the freedom to choose as a pension fund. A pension fund with a relatively older population, for example, needs to be dealt with in a different way than a younger scheme in which members have many more years to accrue.”The three company funds are financially sound, even more so in comparison with many of the industry-wide pension funds. At the end of August Provisum had a policy funding ratio of 131.1%, while the levels at the IBM Netherland and Philips schemes stood at 130.3% and 115.5%, respectively.The directors are nevertheless worried about the effect of the pension agreement. Holding backCompany funds tend to take a more cautious approach in discussions on the pension system. But because many important parts have not been developed yet, the three directors indicated they deemed it important to send a signal.“We do not necessarily consider ourselves a party in pension debates,” said Van Eechoud. “We execute the schemes that social partners agree on. But we should point out when things can turn out badly for the scheme members.” Joost van Engers, Provisum pension fundVan Engers: “It will be simple if the old contract can continue to exist alongside the new. It becomes more difficult when you have to transfer rights. Who determines the size of the buffer? In this instance you would need to be given space for policy discretions within the legislation. Space that would partly be provided if you can hold on to the old contract.” The directors state that funds should have more options to solve the distribution issue.The three pension fund directors understand that the pension deal has been written with the problem of large industry-wide pension funds with a low coverage ratio in mind.“Many employees are affiliated with these large funds. But the elaboration of the pension agreement should not lead to pension funds and their members who have no issues at this moment to start having problems later,” said Van Eechoud.Further readingNetherlands: Transition path to a new systemThe latest agreements between stakeholders and a relaxation of rules bring pension reform closer The three pension funds foresee the risk that the next stage of developing the agreement does not take sufficient account of the large differences that exist between schemes. Wouter van Eechoud, IBM Nederland pension fund He continued: “The new deal, which is primarily a state pension (AOW) deal, is a given, but because much remains to be implemented, we think it is important that a few specific issues are mentioned that may adversely impact company funds.”“The problem does not only affect these three funds, the issues we mention also represent important areas of concern for other company schemes,” Van Eechoud said.The directors of the IBM, Philips and Provisum pension funds know each other from their circle of corporate fund directors, a network where experiences particular to company schemes are exchanged.Distribution of buffersThey see a few potential risks that could negatively impact the approximately 1.5 million corporate scheme members in the Netherlands.“The distribution of the buffers is a difficult aspect,” said Kemme from the Philips fund.The issue is that company funds may be forced to redistribute their buffers. These funds have a higher coverage ratio on average, but often still have solvency. The question is whether and how this will be spread among the members in the new national pension agreement. Pension funds with a defined ambition contract will always have a coverage ratio of 100% in the new system. Wouter Koolmees, minister for social affairs, has stated that funds may hold part of their buffers. “How this will be shaped is yet unclear,” commented Van Eechoud. “The question is whether funds will have to enter already accrued rights into the new contract or whether it is possible to keep these in a closed fund, for example. We cannot derive this from the text. In earlier versions of the new deal it specifically stated that it would be possible for the old contract to exist alongside the new ones. This sentence cannot be found anymore in the pension agreement. This is what worries us.”This may mean that funds must enter already accrued rights in the new so-called defined ambition contract. Van Eechoud said: “The result will be that you have to distribute the buffer during this transition. This would lead to a huge issue for the pension fund trustees on how to divide the surplus among stakeholders – creating a major problem for our schemes without solving any problems.”The minister has promised policy freedom, but the design is up to the steering committee.
At the same time, however, the Senator appealed to shipowners to design and operate more eco-friendly fleets on the whole. This involves retrofitting as many vessels as possible, as soon as possible, or commissioning new ships with the appropriate equipment for the use of shore power. The total investments for all ten new connections will amount to €32.4 million, half of which will be funded by the Federal Land of Bremen, the other half by the federal government on the basis of an administrative agreement to be signed between the federal and state governments. Earlier this month, the Senate of Bremen resolved to create comprehensive additional shore power supply facilities at the ports of Bremen. “This political objective is in line with the European Union’s ‘Green Deal” and is also included in the present Coalition Agreement and the federal German Climate Protection Programme,” Schilling continued. “Ships spend most of their time at sea, so it is only logical that more attention has to be paid to the use of new, low-emission or emission-free propulsion systems to back up the measures in place at the ports.” Schilling said. Prior to the adoption of this pioneering resolution, bremenports and the Fischereihafen operating company had already identified particularly suitable locations both in the Überseehafen area in Bremen itself and at Fischereihafen in Bremerhaven and conducted detailed assessments of the technical feasibility and the costs involved. As informed, the plan envisages the provision of eight stationary shore power supply units for maritime shipping and two additional connections for inland shipping by the year 2023. “Accordingly, the electricity for these permanently installed shore power connections will come entirely from renewable energy sources.” By the end of 2023, two shore power supply units will be installed for maritime shipping in the container throughput area in the city of Bremen, another one in the RoRo port area and one at the cruise terminal. At Fischereihafen, there will be three facilities for government vessels and one for research shipping, according to bremenports. Categories: “Together with representatives of four other North German states and the federal government, I already signed a memorandum of understanding back in autumn 2019 regarding improvement of the framework conditions for the use of shore power at the ports. I am pleased to say that this memorandum of understanding is now being followed by tangible measures and that here at the ports of Bremen, we are not taking merely a small step, but a giant leap forward.” Infrastructure Source: bremenports GmbH & Co. KG Posted: 3 months ago “We can only achieve our goal of clean shipping if everyone involved makes a concerted effort. The more ports that provide shore power, the more cost effective it will be for the shipping companies to adapt their vessels,” she stated. To date, the provision of shore power in Bremen has focussed on port and service vessels as well as inland shipping. Most of the berths for these sectors in Bremen und Bremerhaven have already been equipped with the necessary plant. The new investment programme will create another two facilities for inland shipping at Bremen’s Industriehafen, so that all the relevant mooring points for river traffic will then be equipped with shore power connections. Iona, the newest cruise ship being built for P&O Cruises, was supplied for the first time with LNG by Nauticor’s bunker vessel Kairos. “The creation of shore power connections for maritime shipping is another step forward and an important milestone in our endeavours to become a green, climate-neutral port,” Claudia Schilling, Senator for Science and Ports, commented. Gasum’s Nauticor does first STS LNG bunkering of Iona Schilling further explained that it was even more important that shipping as a whole makes more effort to achieve emission-free shipping. Only days after the Senate announced the decision to provide shore power for shipping, another environmental milestone was achieved at the ports of Bremen — the first ship-to-ship LNG bunkering. Posted: 3 months ago