Sterling hailed as one of world’s best by Kompany

first_imgThere was an offside debate over Sterling’s first goal and his second was a tap-in but his third highlighted his skill as he weaved into the area, cut back and fired past Ben Foster.“It’s incredible because his first year at City was tough, and then from the moment Pep (Guardiola) came in he just kicked on and went from strength to strength,” said City captain Kompany.“For me, he is one of the best wingers in the world. He’s so important for us. To have the ability to unlock defences when they defend with so many bodies is the sign of a top, top, top player.”Sterling’s strikes shifted what had been a frustrating game decisively in City’s favour. As in their two previous games, the score was 0-0 at half-time and City, despite dominating possession, needed to work hard for openings.“These kind of games are much trickier than what people can see from the outside,” said Kompany, who has featured in City’s past five games.“It’s mentally demanding because it puts you to sleep that you have so much possession and are bouncing against the same wall.”City boss Pep Guardiola was more measured in his praise for Sterling, 24, who has now scored 20 goals for club and country this season.“He scored three goals, we’re delighted, but he can do better,” said Guardiola. “The first half was not the best performance from him, but it’s good when not playing at the top level to be consistent and score the three goals.”Guardiola hailed midfielder Ilkay Gundogan as an “incredible player in all senses” but again expressed concern over the German’s contract situation.The 28-year-old has not been an automatic starter under Guardiola and has just one season remaining on his present deal.Guardiola said: “I would prefer him to stay but at the same time I want to feel he wants to stay too. If he doesn’t want to stay, he has to leave.”0Shares0000(Visited 1 times, 1 visits today) 0Shares0000Raheem Sterling scored a hat-trick as Manchester City beat Watford 3-1 © AFP/File / Paul ELLISLONDON, United Kingdom, Mar 11 – Vincent Kompany has hailed Manchester City teammate Raheem Sterling as one of the best players in the world after his 13-minute hat-trick in the 3-1 win against Watford.The victory at the Etihad on Saturday took the defending champions four points clear of Liverpool at the top of the Premier League table but Jurgen Klopp’s men closed the gap to a single point on Sunday.last_img read more

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Don’t let pension nest egg fly away

first_imgNEW YORK – At a time of great uncertainty about pensions, it’s not always easy for workers to keep tabs on their own retirement plans. But keeping an eye on paperwork and asking questions can help. Employers sponsoring traditional pension plans are required to provide covered employees with a summary of the plan, explaining how it works. In addition, each year, employers are required to make available an individual benefit statement for each worker. That notification – sent out automatically by many companies, but issued by some only in response to a written request – specifies the amount a worker can expect to receive in their monthly pension checks at retirement. Employers also are supposed to provide a summarized annual report on the plan. Companies with pension plans that have been less than 80 percent funded for the past two years are required to provide covered individuals with a written notice of the status. AD Quality Auto 360p 720p 1080p Top articles1/5READ MORERose Parade grand marshal Rita Moreno talks New Year’s Day outfit and ‘West Side Story’ remake Pension advocates caution that just because a plan is underfunded doesn’t mean workers need to worry. The value of pension plans fluctuates over time. The problems arise when an underfunded plan is maintained by a troubled company, or one in a troubled industry. For an employee or retiree to get a more in-depth look at the well-being of their pension plan, they may need to dig beyond the paperwork the company provides them. One place to look is in the annual financial statement, known as a 10-K, that must be filed by companies whose stocks trade publicly. Pension information is contained in a footnote to those reports, which are posted online. Workers looking for the footnote should search for the term “ABO,” an acronym for “accumulated benefit obligation.” The note will show a company’s pension liabilities – the amount it owes workers and retirees – and the current market value of its pension plans. “You want your market value of assets to be close to or above that number. Then you know it’s 100 percent funded,” said Ron Gebhardtsbauer, senior pension fellow with the American Academy of Actuaries. The problem with the figures in the 10-K is that they are a total of all of a company’s pension plans. But many companies run multiple plans, and without a breakout, people can’t see how their plan is faring, he said. The answer, albeit an imperfect one, is to look at paperwork that companies must file with the federal government each year. It is called a Form 5500, and while it provides comprehensive data, the problem is that it is often two years old. The forms are loaded with numbers. But once you’ve located the one covering your own particular plan, Gebhardtsbauer said, people should focus on the part known as Schedule B, and look at line 1b(1), labeled Current Value of Assets. That is the amount held by the pension plan. Then look at line 2b(4), in the total benefits column. That shows total benefits the pension plan owes. Again, people should be looking for assets that equal or exceed what is owed. Workers may be able to obtain the Form 5500 from their employers. But there are alternatives. The paperwork filed by each company can be obtained from the government. To obtain the Form 5500 filed by a plan sponsor, write to the U.S. Department of Labor, EBSA Public Disclosure Room, 200 Constitution Ave. NW, Suite N-1513, Washington, DC 20210. A copying fee may be charged. Much of the information filed with the government is also available from private companies. One Internet site offering Form 5500 data for free to those who register is www.freeerisa.com. The forms are searchable by company name, but the site, administered by a private company and geared to benefits professionals, charges to search using many other criteria. Bear in mind that the forms are complex. In recent years, workers have become increasingly mobile, moving from job to job even as companies change ownership. In the course of those changes, some people lose track of previous employers and benefits they may have earned under their pension plans. In other cases, employers have gone out of business or terminated plans, making benefits difficult to track. If you think your pension plan was terminated and that you are entitled to benefits, you may want to contact the Pension Benefit Guaranty Corp., the federal agency that insures traditional pension plans. The agency’s Web site, www.pbgc.gov, includes search features allowing people to check all plans for which the agency is trustee, as well as a list of beneficiaries it is looking for. In cases where a company has changed name or ownership, the personnel or benefits department can often provide assistance to former workers seeking information on pensions. For assistance in tracking down lost companies or resolving claims for benefits, consider contacting one of the pension counseling offices nationwide. The offices are funded by the federal Administration on Aging but operate independently. The pension counseling projects are listed in the “pension help” section of the Web site run by the nonprofit Pension Rights Center, at www.pensionrights.org.160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more

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