Protesting pensioners march on Greek parliament
February 10, 2011 by Trend PK
Filed under World News
They were briefly blocked by riot police vans and security officers close to the prime minister s office, but the vans then parted and let them continue their protest. At one stage an elderly protester fainted, collapsing on the ground and having to be helped by fellow protesters. “Disgrace” and “Shame to those who govern us” shouted the several hundred senior citizens, many saying they were living off pensions as low as 400 euros, making living conditions difficult. They were also protesting planned cost cuts to the country s health care system, to be initiated following the passing of a health care reform bill on Wednesday. As part of economic reforms that were introduced in March, the government has slashed pension supplements and frozen pension rises in order to cut state costs. It has also merged several social security programs together into just a few.
Sohna says asked Zardari to quit Punjab govt
Minister for Labor and Manpower Ashraf Sohna confirmed the irregularities of billions of rupees in the purchase of equipment for Nawaz Sharif Social Security Hospital, Lahore. He said that additional 3 crore rupees were paid in the purchase.
In a press conference, Ashraf Sohna also maintained that he would stand down from his post, in case the allegations remain unproved. He said that he was the first minister who uncovered corruption in his own ministry. He said that he asked President Zardari many times to quit Punjab government. He said that Punjab CMs support for politicians can avoid such things. He said that Rana Sanullah had written to call a meeting to allies but he didnt call such meeting.
It is worthy to note that trendpk.com unearthed a millions of dollars corruption in purchase of angiography and other equipments for more than double the price for Nawaz Sharif Social Security Hospital, Lahore. According to trendpk.com sources, it is known that angiography machinery at Nawaz Sharif Social Security Hospital has been bought through commission mafia for 0.9 million dollars. While Punjab Institute of Cardiology Lahore bought the same Toshiba machine along with 30 beds and stretchers in half the price, which was 0.4 million dollars.
UAE cabinet ratifies extradition treaty with Pakistan
December 13, 2010 by Trend PK
Filed under World News
ABU DHABI: The UAE cabinet Sunday ratified an extradition treaty with Pakistan and a civil nuclear cooperation deal Abu Dhabi has signed with Britain.
Prime Minister Sheikh Mohammed bin Rashid Al Maktoum chaired the meeting, which was attended by Interior Minister Sheikh Saif bin Zayed Al Nahyan, among others.
The cabinet has also given its consent to the budget of the General Pension and Social Security Authority (GPSSA) for the fiscal year 2011.
The ministers reviewed the recommendations forwarded by the Federal National Council on the registration of veterinary medicines and the hike in commodity prices after the recent rise in petrol prices. Trend Pk
Lahore: Corruption in machinery purchasing at Nawaz Sharif Social Security Hospital
It has been revealed that corruption of millions of dollars has been done in buying angiography and other machinery for more than double the price at Nawaz Sharif Social Security Hospital, Lahore.
According to trendpk.com sources, it is known that angiography machinery at Nawaz Sharif Social Security Hospital has been bought through commission mafia for 0.9 million dollars. While Punjab Institute of Cardiology, Lahore bought the same Toshiba machine along with 30 beds and stretchers in half the price which was 0.4 million dollars. In Nawaz Sharif Social Security Hospital, another 0.1 million dollars were spent in buying 20 lead hangers; where as only 2 such hangers are required in a major hospital and they cost only 20 thousand rupees. In all this, national treasury has experienced a loss of more than 0.5 million dollars. In Punjab, these social security hospitals work under the provincial ministry of manpower and labour; where as all the rest of hospitals fall under ministry of health.
The commissioner for Nawaz Sharif Social Security Hospital Sher Alam Mehsud has said that if these allegations are proved right, then he will be ready to face any sort of charges; where as provincial minister for manpower and labour Ashraf Sohna said that he will resign if these allegations are not proved.
pbgc.gov
May 20, 2010 by Trend PK
Filed under World News
If you’ve had a long work history with several different employers, like many Americans, you may have accrued pension benefits along the way. Unless you’ve been diligent about updating your address with old employers each and every time you’ve moved or changed jobs, they might have difficulty finding you at retirement. Plus, many companies have merged or gone out of business. This is where PBGC comes in.
Authorities caution that those with unclaimed money should contact PBGC on their own. Don’t divulge confidential information like addresses, social security numbers and the like to people calling on the phone claiming to be from this agency. Scam artists are trying to inch their way into agencies like these, posing as former employees collecting lost pensions.
Get more information about unclaimed money in the form of pensions by visiting PBGC.gov.
Who knows? There may be a tidy sum of unclaimed money waiting there with your name on it!
rand paul
May 19, 2010 by Trend PK
Filed under World News
Dr. Rand Paul’s 10-length victory in the Kentucky GOP Senate Derby — a runaway victory worthy of Secretariat — is a sure sign that the anti-Obama, anti-federal, anti-incumbent Tea Party vote is going to be a central (if not THE central) story of the 2010 mid-term elections.
It’s up to President Obama and the Democrats to make libertarian thinking the issue in the fall — by proving that the philosophy, if actually implemented, would mean the end of Social Security, Medicare, student scholarships and even the Interstate Highway System.
Paul, named for libertarian radical writer Ayn Rand, favors shutting down the IRS, the Fed, the American military presence overseas, the Department of Education and much of the rest of the federal government.
Now, Kentucky (where I began my career) is not Berkeley. The anti-”revenuer” tradition is strong there. Sen. John McCain won the state over Barack Obama by 16 points. Still, a big win by a man with such views is remarkable. Paul, 47, a Bowling Green ophthalmologist who had never sought political office, started far behind the establishment favorite Grayson. But he surged ahead with a plain-spoken style and a platform rooted in small-government, anti-Washington thinking: term limits, a balanced-budget amendment, a requirement lawmakers read every word of legislation before it passes and a stipulation that laws spell out their constitutional underpinning.
“I think it’s towards people in power who are part of the problem,” Paul said on the Fox Business Network after the polls closed Tuesday. “They are worried about those who keep spending the money and seem to have no restrain. I think it’s an anti-big government message going on.”
Paul said he’s “not going to run away from the Tea Party message
rubashkin
April 28, 2010 by Trend PK
Filed under World News
Life sentence sought in kosher slaughterhouse case
CEDAR RAPIDS, Iowa — A former kosher slaughterhouse manager who was convicted of financial fraud not only cheated a bank out of $26 million, prosecutors claim, he also knowingly employed illegal immigrants.
Sholom Rubashkin was never convicted of immigration violations and his attorneys dispute the allegations, but they still could be an issue at his sentencing hearing Wednesday on 86 financial fraud charges.
Prosecutors are seeking a life term for Rubashkin, who was found guilty in November 2009 of creating faking invoices to show a lender that the Agriprocessors Inc. meatpacking plant in Postville, in northeastern Iowa, had more money flowing in than it did. The charges followed a May 2008 immigration raid at the plant, where 389 workers were arrested.
In court documents defending their sentencing recommendation, prosecutors said the Social Security Administration had warned Rubashkin he was employing hundreds of illegal immigrants three years before the raid but that he did everything he could “to maintain his illegal underpaid workforce.”
Defense attorneys argued that Rubashkin didn’t have the authority to hire or fire the workers.
Former assistant U.S. Attorney William Mateja said U.S. District Court Judge Linda R. Reade could factor the immigration charges into her sentencing decision under a legal phrase called “other relevant conduct.” Instead of trying and proving the charges against Rubashkin, Mateja said prosecutors need to meet a lower bar: a preponderance of evidence.
Some have expressed shock at the proposed life term, and six former U.S. attorneys general have complained that prosecutors are seeking an excessive sentence. But others said that in the last few years, the government has come down increasingly hard on white collar criminals.
“White collar crime is being prosecuted more aggressively, and the sentences have been going up and up and up,” Mateja said. Other relevant conduct “can encompass all sorts of things, from obstruction of justice, to whether you were an organizer or leader, to other crimes.”
Dollar 350 Million Loan Pacakage Signed By WB For Pak
ISLAMABAD: Pakistan will get USD 350 million loan from World Bank that would be spent on promoting higher education, social security and other sectors in the country.
Government of Pakistan and World Bank signed three agreements in this connection here Tuesday which will enable Pakistan of receiving the concessional loan to be paid back in 35-year time span at zero point five per cent interest rate.
According to the agreements, $200 million would be spent on developing social security net, $100 million on promoting higher education and remaining $50 million on development of irrigation system in Sindh.
WB’s Country Director for Pakistan Yusupha Crookes and Secretary Economic Affairs Division Farrukh Qayyum signed the agreements in a ceremony here.
Dollar 350 Million Loan Pacakage Signed By WB For Pak was first posted on September 15, 2009 at 1:31 pm.
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