US Aircraft Carrier Hosts Pre-Deployment Fair

first_img April 6, 2012 View post tag: Navy Training & Education View post tag: George More than 3,000 Sailors from the Nimitz class aircraft carrier USS George Washington (CVN 73) and their families took part in a command-sponsored pre-deployment fair April 2.The goal of the fair is to ensure the crew and their families are deployment ready.Sailors had the opportunity to visit more than 20 booths featuring legal, financial, medical, religious and even Morale, Welfare and Recreation (MWR)information and advice in order to create a more stable foundation for themselves and their dependents when the ship pulls out on its next patrol.“This is something we do every year and it’s first and foremost for the Sailors… especially for the single Sailors that are deploying for the first time,” said Lt. Benjamin Howard, a command chaplain stationed aboard George Washington. “Right at their fingertips, this give them the information that they will need while on deployment.”“I think the ombudsman is one of the best booths offered,” said Religious Programs Specialist 3rd Class Micchicco Hunter, one of more than 3,000 Sailors who attended. “Ombudsman acts as the link between the Sailors and their families. We have a lot of people coming to the chapel who miss their families while deployed and ombudsman really help keep that connection open.”Ombudsman are representative of the commanding officer, responsible for establishing and maintaining current and accurate communication between the command and its family members. “I liked the Family Readiness Group (FRG) and MWR booths,” said Aviation Ordnanceman Airman Recruit Jessica Keener-Dragoo, a newly arriving Sailor to the George Washington. “They gave us a lot of information, a lot of things to do and everyone was very friendly and nice. I didn’t know anything when I got here, but I feel I learned a lot and feel that my family will be taken care of.”The FRG is an integral part of a support service network that bundles key support services such as Ombudsmen, Fleet and Family Support Centers (FFSCs), chaplains, school liaison officers and child development centers at the command level. “It may seem tedious at first glance, but if Sailors take advantage of the information that is given here, it will benefit them in the long run,” said Howard.This year marks George Washington’s fourth pre-deployment fair at Fleet Activities Yokosuka (CFAY) and officials hope the event continues to get better each year.George Washington is currently pier side in Yokosuka, Japan and making preparations to return to sea.[mappress]Naval Today Staff , April 06, 2012; US Aircraft Carrier Hosts Pre-Deployment Fair View post tag: USS View post tag: American View post tag: Aircraft Share this article View post tag: 73 View post tag: hosts Back to overview,Home naval-today US Aircraft Carrier Hosts Pre-Deployment Fair View post tag: Japan View post tag: Naval View post tag: Pre-Deployment View post tag: News by topic View post tag: Fair View post tag: Washington View post tag: Yokosuka View post tag: US View post tag: CVN View post tag: Carrierlast_img read more

Equity, bonds drive 2.8% quarterly return at TNO pension fund

first_imgHowever, it added that it incurred a 1.2% loss on its 65% cover of the interest risk on its liabilities, following rising swap rates.During the last quarter, the coverage ratio at Stichting Pensioenfonds TNO improved to 108.5% – 4.3 percentage points more than the required minimum coverage at year-end.However, CIO Hans de Ruiter warned that a significant increase in rates or falling markets could still have an impact on funding.“The liabilities must be discounted against the three-month average of the forward rate, contrary to our fixed income investments, that must be valued against the current rates,” he said.“This means a rates increase during the last quarter would only cause a limited drop of liabilities, whereas this would cause an immediate decrease of fixed income holdings.“Therefore, a rates increase poses a bigger risk for our scheme’s funding than a decrease.” The €2.5bn pension fund of TNO returned almost 2.8% during the third quarter, taking its year-to-date result to 0.7%.It said the return was mainly due to positive results on its 24% allocation to listed equity and its 58% bond portfolio, which generated almost 4.7% and 0.4%, respectively.By contrast, the pension fund of the technical research institute lost 1.4% and 0.6%, respectively, on its holdings of non-listed property and private equity.The scheme’s full hedge of the main currencies added 0.3 percentage points to its quarterly result, it said.last_img read more