Carol Heenan and her husband, Erik Wakabayashi, celebrate her selection as recipient of the John Kemenosh Memorial Award during a Republican Club ceremony at the Flanders Hotel. By Maddy VitaleShe is someone who is always there to help out another person, someone who can be relied on to make a difference. But she is often behind the scenes, not wanting to take credit for the work that is done.That is Carol Heenan, as people described her at the Flanders Hotel in Ocean City Thursday night, when nearly 200 well-wishers came out to honor her as she received the John Kemenosh Memorial Award during a Republican Club event for her service to the party.Kemenosh was a former Ocean City councilman who passed away in 2015, but worked for the city’s Republican Party for years.“Carol is the epitome of John Kemenosh,” said Republican Club President Gary Jessel in an interview at the beginning of the ceremony. “John was always there to help out. He worked hard. But he was always behind the scenes and always getting results. Carol is also like that.”Carol Heenan with the Kemenosh family.Dignitaries, friends and family enjoyed a night of celebration, dancing, and dining and they were all there to recognize Heenan, whom Jessel said had to be coaxed into accepting the award out of sheer humbleness.“When we went to Carol and said we wanted to honor her she said, ‘No way,’” Jessel said with a laugh. “That is her humble way.”For Heenan, the night, especially the turnout, was unbelievable.“I am just overwhelmed by my friends and family who have attended tonight,” she said with a wide smile while seated at the table by her husband, Erik Wakabayashi.During a ceremony, Ocean City Mayor Jay Gillian, Cape May County Freeholder Director Gerald Thornton and Freeholder E. Marie Hayes presented Heenan with honors.Gillian noted that Heenan deserved the award for her dedicated service to the community and the Republican Party.Mayor Jay Gillian presents Carol Heenan with a gift, as Michael Allegretto, Ocean City’s director of Community Services, holds her bouquet.Thornton and Hayes said Heenan works hard for her party.Hayes became emotional when she spoke of the help Heenan has given her over the years during her runs for office. Hayes told Heenan that she was there for her every step of the way, knocking on doors and getting the message out to vote.Then Heenan read a few words, stressing that she wasn’t much for long speeches. She took out a piece of paper and addressed the audience.“John Kemenosh was my mentor and a very dear friend,” Heenan said. “I’m sure he would be pleased by tonight’s event. This award is as much John’s as it is mine.”She continued, “No one could ever do what John did for the Republican Party. He never tired and was a relentless warrior for the party.”Carol Heenan enjoys a dance with friends.Heenan told the crowd of friends, family and fellow Republicans that words could not express her appreciation for everyone who was in attendance.“Many others have worked equally as hard and I would like to accept this award on behalf of the community volunteers who gave countless hours of their time to the Republican organization and community,” she said.Seated at a table next to the podium was the Kemenosh family.John Kemenosh’s daughter, Bettiann Kemenosh, said in an interview that she was very pleased that Heenan was receiving the award.“My father mentored Carol,” she said. “He did a lot of work for the Republican Club. Carol does, too. I’m so proud of her.”From left, Carol Heenan with Bettiann Kemenosh and her sister, Karolann Kemenosh, and Ocean City Councilwoman Karen Bergman.Violet Rixey, a past president of the Republican Women of Cape May County, said she has always admired Heenan for her dedication to the Republican Party.“Carol is very welcoming, committed and always has a smile,” Rixey said. “She is a professional, a good businesswoman and has a big heart.”Heenan, a longtime member of the Cape GOP, has spent most of her time helping the community and the Republican Party since moving to Ocean City from Drexel Hill, Pa., more than 40 years ago.While the award was created a few years ago, it is not given out yearly. The mayor brought up the idea that Heenan should receive the award this year, Jessel noted.When the announcement about Heenan’s award was made late last month, Gillian said Heenan will continue the legacy left behind by Kemenosh.Freeholder Director Gerald Thornton and Freeholder E. Marie Hayes present Carol Heenan with a proclamation.Chamber of Commerce Executive Director Michele Gillian, Sally Huff, Rose and George Savastano, Justin Juliano and Scott and Janie Halliday dine.Dignitaries stop for a photo.From left, Ocean City Councilman Mike DeVlieger with Republican candidates for Assembly Antwan McClellan and Erik Simonsen and Senate candidate Michael Testa.Mayor Jay Gillian, Jennifer Shirk, Karen Mahar, Bill Heap, Cecilia Gallelli-Keyes and Jane Davis share a light moment.
The European Insurance and Occupational Pensions Authority (EIOPA) has questioned why the European Union’s first-pillar pension systems are exempt from disclosure requirements that could be imposed on personal pensions.Justin Wray, the supervisor’s head of policy, noted that funded first-pillar systems (first pillar BIS), especially those established by Central and Eastern European (CEE) member states, essentially shared the same characteristics as third-pillar pensions.He told the European Association of Paritarian Institutions of Social Protection’s (AEIP) annual transatlantic conference in Frankfurt that it was “desirable” for more consistent consumer protection and action on personal pensions across Europe, but he fell short of calling for changes that would allow EIOPA to impose standards on the first pillar.Instead, Wray stressed that it was a political matter, as social and labour law governing the first-pillar system is currently solely a matter for individual member states. Asked by IPE to clarify, Wray added: “The question of a European approach to first-pillar BIS is essentially for the Commission. It is a question for the Commission to consider with the member states, a political decision.“What we do is note that there are similarities. We carefully define what we see as the characteristics of personal pensions, and we see that there are similarities with first-pillar BIS arrangements in many member states. We leave up to the political parties what should be done about that.“It is a ‘noting’, rather than saying ‘therefore, EIOPA will take action’ because it is not for us in the first instance.”Many of the funded CEE first-pillar systems were set up by diverting part of the pay-as-you-go contribution, resulting in budget pressures that saw significant changes to Poland’s open pension funds (OFEs).As part of the changes, the Polish state reclaimed all Polish government debt from the OFEs, transferring responsibility for payments of the associated benefits to the Polish Social Insurance Institution (ZUS) and nearly cutting the system’s size in half.EIOPA first asked the industry if first-pillar BIS schemes should be subject to universal regulations when it last year launched a consultation on the creation of a Europe-wide personal pension product (PPP).In its subsequent report on the PPP market, published in February, it noted that, as the first-pillar systems were based around DC, its members could still be exposed to the same risks as members of PPPs.“First-pillar BIS members should be (made) aware of the effect of costs and could benefit from EU-wide disclosure rules, in the same way holders of regular PPPs do,” it said at the time.“Therefore, for the sake of consistency with PPPs, it seems to be feasible to have a similar standard for transparency and disclosure of information to members of first-pillar BIS schemes.”
Springbrook is known for its picturesque national park. Pic: Jerad Williams Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p360p360p216p216pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenWhy location is everything in real estate01:59 The Gold Coast’s top 20 most affordable suburbs for houses (lowest median values). Source: Aussie Home Loans and CoreLogic MORE NEWS: Coast’s best indoor pools “Springbrook is 35 minutes from Nerang and 20 minutes from Mudgeeraba and Robina,” she said.“It’s a little bit further so you have to drive somewhere to get petrol and groceries.”She said it was perfect for people who wanted to escape the hustle and bustle of the city as well as those looking to get more bang for their buck.“It’s basically a rainforest so the homes are very private,” she said.“I personally own two cottages up there. It was the most affordable home I could find on the Gold Coast.More from news02:37International architect Desmond Brooks selling luxury beach villa12 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days ago“We’ve had young couples and young families start their life up there too.“The homes are mostly older homes but there are some up there that are a year old, the majority of them are quarter-acre (1000sq m) places.” The Gold Coast’s top 20 most affordable suburbs for units (lowest median values). Source: Aussie Home Loans and CoreLogic.REIQ Gold Coast zone chairman Andrew Henderson said it was a surprise to see Springbrook top the list.“Potentially, it’s one of those golden opportunities,” he said.“I think if (buyers) are looking for that lifestyle where they’re getting a retreat from the busy part of the Coast, I’d (tell them to) look at it.”He said suburbs on the northern Gold Coast, including Pimpama and Coomera, would always offer more affordable houses than the southern areas.“That’s the growth corridor of the Gold Coast so you’re probably seeing that in the short to medium term being the most affordable market,” he said. MORE NEWS: From dull to modern haven: inside a top renovation Where are the best place to look for cheap houses and units on the Gold Coast?GOLD Coasters on the hunt for a cheap house are being urged to look in a surprising location.New data shows Springbrook in the city’s southwest is the most affordable Coast suburb to buy a house.It heads a joint study by Aussie Home Loans and CoreLogic, released today (Saturday), which identified the top 20 most affordable suburbs for houses and units.The mountain area claimed the top spot on the list because it had the lowest median house value at $443,261.Pimpama ($455,198), Coomera ($476,903), Nerang ($480,229) and Ormeau Hills ($492,316) followed closely behind.LJ Hooker Nerang agent Helen Thomas said Springbrook’s location was what made its roughly 380 houses so cheap, despite often being on large blocks. Aussie Homes Loans chief executive James Symond said it was a great time for first-home buyers and investors to break into the market.“Most suburbs on our lists have experienced healthy growth in median value over the last decade,” he said. “However, in the last 12 months more have been tracking backwards, especially houses.“Our report reveals some quality affordable housing in suburbs across the Gold Coast and with record low interest rates, buying a property could be more achievable than you know.”