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Messer Bill Would Help Working  Americans Better Plan for Retirement 

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April 3-7 is National Retirement Planning Week

WASHINGTON (Thursday, April 6, 2017) — Rep. Luke Messer (IN-06) filed bipartisan legislation in the U.S. House today, alongside colleagues in the Senate, to help working Americans better plan for retirement.

The Lifetime Income Disclosure Act (LIDA) would require retirement plans, like 401(k)s, to regularly disclose the real-world benefit of savings. To reach this goal, each 401(k) statement would be required to include a person’s current savings and how those savings would translate into a monthly paycheck for life.

This information will help a consumer understand whether they are saving enough or need to save more.  A recent Gallup poll found that 64 percent of Americans are worried about not having enough money for retirement.

“We all struggle to know how far our savings will stretch into retirement,” Messer said.  “Seeing the value of a retirement account balance as a monthly income payment gives folks an idea of how much they will have for monthly expenses and whether they are saving enough today.”

 

The bill was introduced today by Messer and Rep. Mark Pocan (WI-02) in the House. Sen. Johnny Isakson (R-GA) and Sen. Chris Murphy (D-CT) introduced a companion bill in the Senate.

“This bill creates a straightforward tool to help workers with employer sponsored retirement plans determine if they are on track to meeting their retirement goals.” Pocan said. “Seeing how retirement savings translate into an expected monthly payment drives home the importance of saving early and often. I’m proud to join my colleagues in introducing this bipartisan bill to ensure Americans have better information to plan for retirement.”

“American workers need access to the best available information about their investment choices and exactly how much they will have earned when they retire,” said Isakson, chairman of the Senate labor subcommittee. “This information not only helps them to plan, but promotes increased savings while they are still working. Many workers count on defined contribution plans such as 401(k)s in their retirement planning, and this legislation will encourage participants to think of their 401(k) investments as a vehicle for lifetime income.”

“People across Connecticut are losing sleep over their inability to save for retirement. It’s a silent crisis in our state that not enough people are talking about,” Murphy said. “Senator Isakson and I introduced this bill to help families answer basic questions about how to save and how much to save. Our Lifetime Income Disclosure Act will help people make smarter, more informed decisions about whether or not they’re saving enough, and ensure that Connecticut families can retire with dignity.”

 

Several industry groups sent letters to Rep. Messer urging support for LIDA, including TIAA, the Insured Retirement Institute (IRI), the American Council of Life Insurers and the Women’s Institute for a Secure Retirement (WISER).

April 3-7 is National Retirement Planning Week.

 

Evans Assistant Receives April Cause for Applause

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Evans Assistant Receives April Cause for Applause

Linda Carlisle, kindergarten assistant at Evans School, is the recipient of the Evansville Vanderburgh School Corporation’s April Cause for Applause award. The award seeks to recognize individuals who go above and beyond their normal job responsibilities.

According to coworker Rachel Davidson, Carlisle goes above and beyond everyday, donating her time and energy to the school. For example, Carlisle created an afterschool group for girls at Evans called Girls of Grace. The goal of the group is to help the girls become outstanding young women. Through the program, Carlisle invites guest speakers, takes the girls to restaurants, shows them how to sew and much more. Carlisle also tirelessly works to get donations for the school and works with the school’s PTA, even volunteering to serve as PTA president.

“Her title of support staff is incredibly fitting because she is so supportive year round,” wrote Davidson in her nomination.

Anyone can nominate an employee of the EVSC for the award. Deadline for nominations is the third Friday of each month. To nominate an EVSC employee, go to www.evscschools.com and click on About Us and see Cause for Applause under Community. Paper forms are available at the schools for those without access to the Internet.

Flavor Your Family Histories

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Breaking News: Senate Passes Hourly Fee For Public Records Searches

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Senate Passes Hourly Fee For Public Records Searches
The Indiana Senate has approved House Bill 1523 allowing government agencies to charge $20 per hour for public records requests that take more than two hours to complete.

The measure by Republican Rep. Kathy Richardson of Noblesville passed the Senate on a 44-3 vote Wednesday.

Under the proposal, the first two hours would not be billed. After that, hours spent working to complete the request would come with a bill that’s the lesser of $20 per hour or the hourly wage of the employee completing the search.

The bill’s author said public records requests can take an excessive amount of government workers’ time.

Opponents disagree with charging for requests under open government laws. They point out that government employees are paid by taxpayers.

Eagles dealt a 5-1 loss by Aces

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The University of Southern Indiana baseball team fell behind early and lost a rain-shortened game to the University of Evansville, 5-1, Wednesday evening at Charles H. Braun Stadium. USI watched its record go to 12-14 overall, while Evansville goes to 9-20.

The Purple Aces put on a power display with two home runs in jumping out to a 4-0 lead after three innings. Evansville scored three in the first and one in the third to get the early advantage.

USI put a tally on the scoreboard in top of the fifth, taking advantage of three Evansville errors. Senior rightfielder Cody Montgomery (Shepherdsville, Kentucky) crossed the plate with USI’s only run, scoring when junior second baseman Joe Redburn (Newburgh, Indiana) hit into a double play.

The Eagles missed a chance to get back into the game in the seventh when they loaded the bases with one out and failed to score. USI also tried to rally in the eighth when it led off the frame with a hit and a walk before the rains came and washed out the final two innings.

On the mound, junior right-hander Nick Gobert (Jasper, Indiana) received the loss for the Eagles. Gobert (0-1) allowed four runs on six hits in an abbreviated two-plus innings of work.

Sophomore left-hander Chase Partain (Evansville, Indiana) followed Gobert to the mound and had a strong outing in relief. Partain went four innings, allowing one run on two hits and striking out four batters.

The Eagles return to the friendly surroundings of the USI Baseball Field to host a four-game series with the University of Wisconsin-Parkside April 8-9. For up to date information on coverage of USI Baseball, visit GoUSIEagles.com.

USI holds a 42-27 lead over the Rangers of UW-Parkside, taking three of four last year at the USI Baseball Field after being moved from Kenosha, Wisconsin, due to weather. The Eagles have won 27 of 32 games from the Rangers since Head Coach Tracy Archuleta made the move to USI from the University of Wisconsin-Parkside.

 

EPD ACTIVITY REPORT

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EPD REPORT

Vanderburgh County Recent Booking Records

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http://www.vanderburghsheriff.com/jail-recent-booking-records.aspx

IS IT TRUE APRIL 6, 2017

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IS IT TRUE published below are a few past posts submitted by CCO bloggers during the last several days that we found interesting?  …we hope you enjoy reading and responding to them?

IS IT TRUE yesterday Joe Wallace posted a comment about the Ford Center bond note?  …he said; “It is bleeding $9 Million per year Press. $1 M from operating losses and $8M to pay the note. It was asserted by the masters of the universe to generate enough free cash flow to pay that note. Delusion runs deeper than the Mighty Ohio River”.

IS IT TRUE yesterday CCO blogger Pressanykey posted “Three million dollars for a carousel for a zoo that is perpetually operating in the red. Hundreds of thousands of dollars to prop up a hockey team in an attempt to prop up an arena that is bleeding a million dollars annually. Ditto for the auditorium that goes by the name of The Old National Bank Events Plaza. Who is making the payments in order to keep the doors ope on all of these public entertainment facilities? You are with your taxes”.?  “If you wade your way through the 220 pages of the Regional Cities Plan for the “Great Southwest Indiana Region” I don’t thing you will find where any of that money is targeted to help make the payments on the above mentioned facilities. Instead what you WILL find are multiple plans where, for a modest amount of seed money, they expect the taxpayers to raise/leverage the additional money needed to do any of the projects outlined in the report.”  “If you can not make the payments on what you currently have, without raising taxes and fees, do you think it is a good idea to saddle taxpayers with additional debt on new projects? I suggest that at the next city council meeting the taxpayers hand out Santa Claus outfits to the council members”.

IS IT TRUE last week a CCO blogger posted the following statement we found extremely interesting?  …he said “with all of this unbelievable Addendum #6 a very urgent question arises and if I were a bond holder of the $127 million Ford Center I would want to know the answer — Who is responsible for the Five year lease of the Ford Center signed on behalf of the New hockey team named the Evansville Thunderbolts with the city signed by a probable shell corporation, or is Venue Works liable or its wholly owned subsidy that just appeared or is the City liable ? The Evansville Icemen that were forced out by Mayor Wenneke and Venue Works was a solid tenant for 5 years and used the arena 36 nights and paid approx $650,000 in Base rent , facility fees and video and audio use fees each season which made the Icemen the biggest tenant and user for five years — the Thunderbolts fell massively short of that its first year”?

IS IT TRUE last week another a CCO blogger called B Hall posted the following message we also found interesting ? …he said ‘It appears that the real conflict was that the head of Venue Works was on the negotiating team for the ERC as they negotiated the renewal of the contract with the Icemen.  This in turn leads to IS IT TRUE: The renewal contract with the Icemen was not negotiated in good faith but instead it was negotiated primarily for the personal gain of Venue Works.  IS IT TRUE: As soon as the negotiations with the Icemen reached an impasse and it was certain that the Icemen would not be returning to the Ford Center, Addendum 6 was added to the original agreement. This Addendum mysteriously extended the Venue Works’ Management Agreement for 5 years with a $390,000 per year possible bonus which is just a few dollars south of $2,000,000. In addition it also appears that this financial burden will be the responsibility of local tax payers.  IS IT TRUE: That thru a Sustained Effort Incentive Fee Account, the city of Evansville then advanced, loaned or gave Venue Works $200,000 of the $225,000 that Venue Works needed to acquire the SPHL franchise. When Addendum 6 was executed the $200,000 was disbursed to Venue Works and the account was terminated.  IT IS VERY TRUE sure glad I’m not on the Evansville tax roll?

IS IT TRUE CCO blogger called Line posted the following remarks in yesterday CCO?  …Lime posted the following statement:  “1) Did the City fund the $ 200,000 in the ‘Sustained Effort Incentive Fee Account’, which Item 4 states that the parties AGREE that that much was “earned” ?  2) “If Yes, which means the City really paid $ 200K of the $ 225K hockey license fee for VenuWorks, then WHY oh WHY in Section 7 would the City have to “reimburse” VenuWorks to get them to transfer the license to an entity “approved by the SPHL” ? In essence: the City paid almost all of it in the first place, and now the City has to reimburse VenuWorks for something Venuworks didn’t pay” ???  The Sustained Effort Incentive Fee Account = SLUSH FUND”?

FOOTNOTES: Todays “READERS POLL” question is: Do feel that Mayor Winnecke has any idea about the massive amount of debt he has incurred since he has been in office?

We urge you to take time and click the section we have reserved for the daily recaps of the activities of our local Law Enforcement professionals. This section is located on the upper right side of our publication.

If you would like to advertise or submit and article in the CCO please contact us City-County Observer@live.com.

 

Marsha Abell Barnhart Calls Commissioner Cheryl Musgrave An Out and Out Liar

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Posted below are comments made by former County Commissioner Marsha Abell Barnhart concerning a statement made by Commissioner Cheryl Musgrave about the hiring of the former Director of Burdette Park.  Marsha Abell Barnhart comments about Mrs Musgrave was posted on her Facebook page.  We asked and received permission from Marsha Abell Barnhart to post her Facebook page comments in the CCO.  We post her comments about Commissioner Musgrave without bias, opinon or editing. You can also click the blue headline below and it shall take you directly to Mrs. Barnhart Facebook page.
Marsha Abell Barnhart Calls Cheryl Musgrave An Out And Out Liar 
 No words are to be withheld. Cheryl Musgrave as an out and out liar. She knows nothing about how the Burdette Parks Director was hired because she was not on the commission. She was out trying to start trouble somewhere else then. I, however, was a commissioner with the Honorable Stephen Melcher and the Honorable Joe Kiefer. All three of us interviewed Mr. Murphy and I checked on him with my contacts in Louisville. We were lucky to be able to hire him. Musgrave has botched this entire issue and now says it was the previous commissioners. She has lied so much she can’t determine what is true and what is not. And she will throw anyone under the bus to get what she wants. Too bad the State of Indiana didn’t want her so we got her back.

CHANNEL 44 NEWS: Teachers Receive Top Honors From UE

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Teachers Receive Top Honors from UE

Four educators in Evansville went to work thinking it was a normal day. But little did they know, they were being recognized for their efforts. The University of Evansville presented its Outstanding Educators of the Year awards. Staff and students…

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