Thursday, 08 May 2014 00:00
May is Older Americans Month with the message of safe today, healthy tomorrow.
One of the most important things retirees must do to ensure their financial safety today is to protect their hard-earned pensions from being stripped away. Pension stripping is a tactic being deployed by corporate America. Companies do this by offloading their long time retirees defined benefit pensions to an insurer, which then convert those to annuities. More than 41,000 Verizon retirees and 100,000 GM retirees have already been victimized.
What is the big deal?
Well, it means retirees lose their federal ERISA pension law protections and federal Pension Benefit Guaranty Corporation (PBGC) insurance protections. Insurance company annuities are not protected in the same way. If an annuity
issuer goes bankrupt or suffers an asset shortfall, retirees can lose everything they worked a lifetime
Knowing our retirement assets are safe is critical. The non-profit ProtectSeniors.Org, which I am a part of, is leading a state legislative effort to ensure pension protections. I urge all retirees to band together to protect our futures.
William M. Viggiano
Saturday, 25 October 2014 00:00
Way before Home Depot or Ace Hardware came into existence, there were little mom-and-pop shops like Munder’s True Value on Hillside Avenue in Williston Park. The hardware store, which opened its doors in 1948, is somewhat of a suburban dinosaur having outlasted several other hardware stores in the area.
“My father, Charles, opened this store in 1948 after returning home from World War II,” said Bill Munder, who took over the store operation seven years ago. “His parents wanted to know his plans after he returned home from the marines and he decided to open this store on Hillside Avenue.”
Friday, 24 October 2014 00:00
The debate over New York State Common Core standards continues, with students from the Mineola School District showing a mild resistance to the exams.
According to the New York State Allies for Public Education, Mineola had some of the lowest numbers, with eight students opting out of the English Language Arts test. However, not a single Mineola student missed the math test. In East Williston, the opt out rates were 75 students in ELA and 60 in math.
Thursday, 23 October 2014 00:00
The New York Cosmos hosted the Mineola Athletic Association’s Soccer Club recently for its penultimate fall 2014 home game. More than 140 members of the MAA soccer club and their families came out on a chilly October evening to show their love of the game. Twenty-two Mineola boys and girls had the honor of escorting the New York Cosmos and Ottawa Fury players onto the field in the traditional “Walk of Champions.”
The Mineola spirit must have inspired the home team, as spectators enjoyed the exciting 2-1 Cosmos victory, with the game-winning goal coming in stoppage time.
Thursday, 23 October 2014 00:00
As a current member of the Mineola High School Varsity Soccer team, senior, Catherine Cunningham has been dominating the scoring for the Mustangs. She has 12 goals and two assists in the last seven games.
In her last week of play alone, she amassed six goals in just three games. As a captain for the last two years, Cunningham has been an All-Conference and All-Class player, leading her team to two victories so far this season.