TOWN OF UNION (WBNG) — Route 26 and Maple Drive in the town of Union are shut down following a two-vehicle crash Wednesday. TOWN OF UNION (WBNG) — Route 26 and Maple Drive are reopened following a crash that involved two trucks. A person had to be cut out of a Nissan Truck, authorities say. 5:54 P.M. UPDATE A fire official with the West Corners fire department tells 12 News one of the vehicles crossed the center lane and struck the other. State Police are also on the scene. This is a developing story. Stay with 12 News for more information. —–
Calpam pension fund has received the Golden Pensioen Pro Award for Best Pension Fund in the Netherlands 2015. A public jury selected the €60m scheme – with just over 300 participants – from a shortlist of three pension funds.The Stichting Calpam-Pensioenfonds has a “simple” investment policy, without derivatives but with full matching cashflow.The scheme is up to date on indexation and has always been able to grant inflation compensation drawn on the the full consumer index. Despite the employer’s paying the full contribution for its 50 active participants, the pension fund still has a funding rate of approximately 160%.The awards, organised by IPE sister publication Pensioen Pro and financial daily Het Financieele Dagblad (FD), were presented in Amsterdam by political commentator Ferry Mingelen.Following nominations by an expert jury, the readers of Pensioen Pro and the FD, as well as listeners to BNR News Radio, pick the winner of the Golden Award.The Stichting Calpam Pensioenfonds, the Nedlloyd pension fund and the ABN AMRO scheme each won a Silver Award for the best small, medium-sized and large pension funds, respectively.The €373bn civil service scheme ABP – the largest pension fund in the Netherlands – won the Best Long-Term Investment award for its European hydro-electric power plant investments. The award for Best Investment Policy went to the Philips pension fund, while PWRI, the scheme for disabled workers in the Netherlands, received the prize for Best Customer-friendly Scheme.BpfBouw, the €53bn industry-wide pension fund for the building industry, took home the award for Extraordinary Industry Contribution due to its investments in Dutch care properties.The Dutch Pensions Federation and the Association of Insurers (VvV) jointly received the Innovation Award for Pension 1-2-3, a communication tool that provides clear and layered pensions information.