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O’Dea will ‘push like hell’ to abolish mandatory retirement age

first_imgWhatsApp Previous articleLimerick Dragons Breast Cancer Survivor support groupNext articleSearch on for Ireland’s Best Young Entrepreneurs Staff Reporterhttp://www.limerickpost.ie Willie O’Dea TDA UNIVERSAL pension payment should replace the State Pension and the mandatory retirement age should be abolished.That’s according to Limerick Fianna Fáil TD Willie O’Dea, who is a member of the Oireachtas Committee on Social Protection that has recommended a major reform of how the State pension operates.Sign up for the weekly Limerick Post newsletter Sign Up The Limerick Fianna Fáil TD, who sits on the committee with six other TDs and four senators from across all parties, held meetings earlier this year with Age Action Ireland, with the National Women’s Council of Ireland, Congress and Active Retirement Ireland.Speaking to the Limerick Post, Deputy O’Dea said that he is “going to push like hell” to have the mandatory retirement age abolished as it is gone in other countries “so bureaucratic inertia must be the only reason the bills have not passed through”.“No employee should be contractually obliged to retire based on age if they are willing and able to remain at work.It was recommended that the disparity between the retirement age and the pension age needs to be addressed and that the gender disparity that exists in pension income is also addressed as a matter of urgency.”The committee found that the current averaging system is inequitable and a new type of contribution system should be devised.“I am told by the Minister that €250m extra is going to be needed just to accommodate those who have reached retirement within the last 12 months and that is before there is any increase in the budget”, Deputy O’Dea said.Minister for Social Protection, Regina Doherty TD, is considering the introduction of a Total Contribution System to replace the averaging system, the committee noted.A universal pension payment to replace the State Pension (Contributory and Non-Contributory) was also amongst the recommendations put forward.Deputy O’Dea also highlighted that the discrimination against women had to be immediately addressed.“In 2012, changes were made to increase the number of bands and a doubling of the minimum number of required contributions was also introduced.This should be suspended immediately as they are negatively impacting and discriminating against women”.The committee went on to say that pension recipients deserve to have a feeling of stability and security about their incomes.“As people benefit from greater longevity, the ratio between those of working age continues to alter, from five to one in the 2011 census and projected to fall to half that by 2050.“This creates pressure on the existing pension system. There are also current consequences of historic inequity, such as the impact of the marriage bar on the contribution records of affected women”, the committee said.See more news here Limerick Ladies National Football League opener to be streamed live Limerick Artist ‘Willzee’ releases new Music Video – “A Dream of Peace” Print Twitter Email Billy Lee names strong Limerick side to take on Wicklow in crucial Division 3 clash RELATED ARTICLESMORE FROM AUTHORcenter_img NewsO’Dea will ‘push like hell’ to abolish mandatory retirement ageBy Staff Reporter – July 19, 2017 1380 Facebook Advertisement Predictions on the future of learning discussed at Limerick Lifelong Learning Festival Limerick’s National Camogie League double header to be streamed live TAGSJoint Oireachtas Committee on Social Protectionlimerickmandatory retirement ageState PensionWillie O’Dea TD WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads Linkedinlast_img read more

CFPB Reviews Time-Barred Debt Collection

first_imgHome / Daily Dose / CFPB Reviews Time-Barred Debt Collection Sign up for DS News Daily Subscribe Share Save in Daily Dose, Featured, Government, News Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago February 25, 2020 2,259 Views Related Articles  Print This Post Tagged with: CFPB Debt Collection Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. The Consumer Financial Protection Bureau (CFPB) has issued a Supplemental Notice of Proposed Rulemaking (Supplemental NPRM) regarding the collection of time-barred debt, prohibiting collectors from using non-litigation means (such as calls) to collect on time-barred debt unless collectors disclose to consumers during the initial contact and on any required validation notice that the debt is time-barred.In May 2019, the CFPB published a proposal (May 2019 NPRM) to implement the Fair Debt Collection Practices Act (FDCPA). The May 2019 NPRM would provide consumers with clear protections against harassment by debt collectors and straightforward options to address or dispute debts; set clear, bright-line limits on the number of calls debt collectors may place to reach consumers on a weekly basis; clarify how collectors may communicate lawfully using newer technologies, such as voicemails, emails and text messages, that have developed since the FDCPA’s passage in 1977; and require collectors to provide additional information to consumers to help them identify debts and respond to collection attempts.The May 2019 NPRM also proposed to prohibit debt collectors from suing or threatening to sue on debts they know or should know are time barred. The Bureau included the “know or should know” standard in its proposal recognizing the concern that, in some instances, debt collectors may be genuinely uncertain whether the statute of limitations has expired even after undertaking a reasonable investigation. The Bureau received over 14,000 public comments on the May 2019 NPRM. A large number of comments addressed time-barred debt, including the proposed “know or should know” standard. The Bureau is analyzing those comments as part of the process of taking final action on the May 2019 NPRM. Given that the analysis is ongoing, the supplemental NPRM also proposes that standard.The Supplemental NPRM proposes model language and forms that debt collectors could use to comply with the proposed disclosure requirements. As with the May 2019 NPRM, the Supplemental NPRM also proposes to require disclosures only if a debt collector knows or should know that the debt is time barred to address debt collector liability if there was too much uncertainty as to whether a debt was time-barred. The public is invited to submit written comments on the proposed rule, including on the proposed knowledge standard.  The Bureau will carefully consider all comments received before a final regulation is issued. Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: Foreclosure Increases Expected in 2020 Next: The Move to Single-Family Built-For-Rent CFPB Debt Collection 2020-02-25 Seth Welborn The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago About Author: Seth Welborn CFPB Reviews Time-Barred Debt Collectionlast_img read more

Schimmerling Injury Law holds hand sanitizer giveaway

first_imgSchimmerling told 12 News he purchased several thousand bottles of hand sanitizer in preparation for the Southern Tier’s reopening, and gave them out at locations in Owego, Endicott and Binghamton “Safety has always been very important to me and this community has been really good to me,” Schimmerling said. “We’ve always been successful here and this is my way of giving something back to the community.” Schimmerling tells 12 News that he will continue to hold giveaways until all of the hand sanitizer is gone.center_img OWEGO (WBNG) — Tom Schimmerling of Schimmerling Injury Law spent Sunday traveling around the Southern Tier handing out free bottles of hand sanitizer. last_img read more