Category: keubivoj

Melbourne Mercer: Pension systems fail to make the A-grade

No Comments

first_imgDenmark has retained its place as the world’s best pension system, according to Melbourne Mercer’s annual survey – but it has dropped out of the top grade.Melbourne Mercer’s Global Pension Index ranks countries’ pension systems by three sets of criteria relating to adequacy, sustainability and integrity.In the three categories, Denmark ranked best for sustainability, Finland led the way on integrity, while France was best for adequacy.The report into the survey’s findings said that “the sustainability of some current systems is under threat” due to the multiple effects of ageing populations. #1 – DenmarkIn the 2017 Mercer report, the Danish system as a whole was given the best score – 78.9 – meaning it was in the second-highest available grade, B+. This was down from 80.5 and the top A grade the year before.Jan Hansen, deputy director of the Danish insurance and pension association Forsikring & Pension (F&P), said: “The report highlights the weaknesses of the Danish pension system, namely low savings, low employment among the elderly and poor incentives to save [for] retirement in the years just before the state pension age.”It was not worth many Danes on normal incomes saving up for a pension in the run up to pensionable age, the association said. This was because any private savings they built up in these years were offset against state benefits such as the pension supplement and housing benefit.“The problems are connected, so if politicians made it attractive to save up for a pension, there would also be a rise in employment and savings among older people,” Hansen said.However, politicians were showing that they were indeed paying attention to this, he added.Before the summer holiday season, the Danish government put forward a pensions proposal in conjunction with the Danish Peoples’ Party (Dansk Folkeparti), which could solve the problems for the over-60s by giving them the opportunity to save up without having those savings offset against benefits.In August the government launched a tax plan that included an extra tax deduction for pension contributions, Hansen said, adding: “If this turns out well, the Danish pension system could regain its top marks.” #2 – NetherlandsThe Netherlands remained in second place in Mercer’s pension index, slightly behind Denmark on a score of 78.8.However, the Dutch pensions system also saw its rating drop compared to last year’s survey, chiefly due to the inclusion for the first time of real economic growth data in the Melbourne Mercer Index’s calculations.The Netherlands could improve its score by bringing in a minimum access age to clarify that benefits are preserved for retirement purposes. Labour force participation at older ages should be increased with rising life expectancy, Mercer added.The survey also suggested improving the protection of accrued pension rights against fraud, mismanagement or employer insolvency. In Mercer’s opinion, the level of household saving in the Netherlands still needed to be raised.Bart Brenninkmeijer, business development leader at Mercer Marsh Benefits in the Netherlands, said the country could learn much from Denmark, as – contrary to the Dutch pensions system – the Danish system was “very much defined contribution”.“The Danish system scores high on participant confidence, despite having much less pensions capital,” he told IPE’s Dutch sister publication Pensioen Pro. “The question is how can we increase confidence, and how can we prepare people for a new system with more choice options?” #8 – SwitzerlandThe Melbourne Mercer report called on Switzerland to increase the statutory retirement age over time in line with its ageing population.In the referendum on the reform package “Altersvorsorge 2020” in mid-September, the adjustment of the retirement age of women to that of men was one of the most contested points, and was rejected by many female voters.Currently, various Swiss stakeholders are seeking a new reform compromise, but no results are expected to surface by the end of the year.Switzerland’s score decline slightly year-on-year, from 68.6 to 67.6.Sustainability was also the researchers major concern for Switzerland. Among their recommendations for improvement, the researchers highlighted the idea of ending any incentives for taking out money from pension funds before retirement or as a lump-sum payment.Traditionally, mainly given its mandatory occupational pension system, the country has been in the top ranks of the index. However, between 2016 and 2017 it lost two places.#13 – GermanyGermany was among the countries to have benefited the most from two new questions included for the ranking this year, relating to economic growth and the inclusion of voluntary occupational pension systems.Stable economic growth and outlook boosted the country’s rating for sustainability, while its adequacy ranking also increased. This boosted Germany’s total score from 59.0 in 2016 to 63.5 this year.The researchers pointed out the new occupational pension plans that will be set up under the new “Betriebsrentenstärkungsgesetz” law have not yet been included in the ranking.But they noted that “legislation introducing defined ambition plans is likely to increase the index value over time due to several improvements”.#15 – UKThe UK improved its score year-on-year but still fell three places in the overall ranking as three new entrants – Norway, Colombia and New Zealand – all had better scores.The improvement year-on-year (from 60.1 to 61.4) stemmed largely from the addition of voluntary occupational pension plans to Mercer’s methodology.The ongoing implementation of auto-enrolment into defined contribution schemes should improve the score further in the coming years, as would an acceleration of the increase in the state pension age, as recommended by a recent government-commissioned review.In addition, the report said the UK could further improve its rating by “restoring the requirement to take part of retirement savings as an income stream”. This requirement was removed in 2015 by the then-chancellor George Osborne as part of so-called “pension freedoms”.#21 – AustriaWhile the Austrian sustainability ranking profited from the inclusion of the economic stability factor, it could not benefit from the new sub-index on voluntary occupational pension schemes as this pillar is covering less than 30% of the working population – which is the threshold required by the researchers.Additionally, Austria has the second-lowest sustainability ranking in the index, rivalled only by Italy.Full rankingsMelbourne Mercer Global Pension Index 2017 Country2017 score2017 grade2016 score (ranking) 1Denmark78.9B+80.5 (1)2Netherlands78.8B+80.1 (2)3Australia77.1B+77.9 (3)4Norway74.7Bn/a5Finland72.3B72.9 (4)6Sweden72.0B71.4 (5)7Singapore69.4B67.0 (7)8Switzerland67.6B68.6 (6)9New Zealand67.4Bn/a10Chile67.3B66.4 (=8)11Canada66.8B66.4 (=8)12Ireland65.8B62.0 (10)13Germany63.5C+59.0 (12)14Colombia61.7C+n/a15UK61.4C+60.1 (11)16France59.6C56.4 (=13)17US57.8C56.4 (=13)18Malaysia57.7C55.7 (15)19Poland55.1C54.4 (17)20Brazil54.8C55.1 (16)21Austria53.1C51.7 (18)22Italy50.8C49.5 (19)23Indonesia49.9D48.3 (21)24South Africa48.9D48.6 (20)25Korea47.1D46.0 (22)26China46.5D45.2 (23)27Mexico45.1D44.3 (24)28India44.9D43.4 (25)29Japan43.5D43.2 (26)30Argentina38.8D37.7 (27)last_img read more

Gold Coast’s Hinterland suburbs are the best performing

No Comments

first_img The top suburbs on the Gold Coast are: Tallebudgera Valley is the top Gold Coast suburb according to the realestate.com.au Property Outlook October 2018.THE Gold Coast’s Hinterland suburbs are continuing to dominate with a new report revealing buyers can’t get enough of the “green behind the gold”.The realestate.com.au Property Outlook October 2018, released today, revealed Tallebudgera Valley and Tallebudgera were the top suburbs on the Coast. 11 Monday Drive, Tallebudgera Valley is on the market at $1.65 million — $1.75 million.The median house price in Tallebudgera Valley is $1.08 million, up eight per cent in just three months and almost 31 per cent over 12 months.More from news02:37International architect Desmond Brooks selling luxury beach villa14 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoMr Jacob said a limited number of properties hit the market each year in Tallebudgera Valley, creating more demand and pushing up prices.“A lot of people will stay 15 to 20 years because it is a very desirable place to live,” he said.“It’s a very tightly held area.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 estate01:59 209 Syndicate Rd, Tallebudgera Valley in under contract through LJ Hooker Mudgeeraba.The findings are based on demand and median price for residential dwellings across the Gold Coast.Tugun rounded out the top three while Currumbin Waters and Burleigh Waters came in fourth and fifth.Ray White Tugun Elanora agent Ken Jacob, who lives in Tallebudgera Valley, said it was no surprise to see the “Valley” on top.“I’ve been to over 50 countries and I don’t know where in the world you can actually live so close to a thriving city and yet be in a tropical Hinterland area like this,” Mr Jacob said.“It’s so close to a bustling city but you could be miles and miles out.”You wake up in pristine paradise and you come home to that same paradise.” MORE NEWS: Meet the new owner of Gold Coast prize home realestate.com.au chief economist Nerida Conisbee.Nerida Conisbee, realestate.com.au chief economist, said Queensland’s economic growth was pulling the market up.“Brisbane is doing well and much of regional Queensland is joining it, although many areas are coming off low bases,” she said.“Even (the) Gold Coast, which had a quick post Commonwealth Games demand hangover, seems to be recovering.” 1. Tallebudgera Valley2. Tallebudgera3. Tugun4. Currumbin Waters5. Burleigh Waters6. Currumbin Valley7. Mermaid Waters8. Worongary9. Bonogin10. Currumbin MORE NEWS: Titan selling Gold Coast homelast_img read more

Statoil kicks off drilling ops at Oseberg Vestflanken 2 using new Cat J rig

No Comments

first_imgUnmanned platform The rig will drill through the unmanned Oseberg H, which is Statoil’s smallest platform, and the first of its kind. The platform has no facilities, no helideck, and no lifeboats.During maintenance visits in the operations phase all facilities will be located on the vessel connected to the platform, a solution that was also used in the hook-up phase last autumn. Also here, the project has organized simulator training prior to the operations.“We have learned some from Sleipner B, the closest you get to Oseberg H in the current portfolio, but there will still be some groundbreaking work. This makes this drilling project particularly exciting. Oseberg H will be remote-controlled from Oseberg field centre, and good interaction with the field centre will be therefore be important,” Hoogerheide says. One team Norwegian oil company Statoil has started drilling at the Oseberg Vestflanken 2 development located offshore Norway, using the Cat J rig Askepott. Statoil started drilling at Oseberg Vestflanken 2 in the early hours of Sunday, February 25, the company informed on Monday, adding that the project could boast break-even reduction from $34 to $16 per barrel.Statoil submitted the plan for development and operation (PDO) of Oseberg Vestflanken 2 to Norwegian authorities in December 2015 and Norway’s Ministry of Petroleum and Energy sanctioned it in June 2016.  The Oseberg Vestflanken 2 development consists of an unmanned wellhead platform with ten well slots. In addition, two existing subsea wells will be reused. All wells will be remote-controlled from Oseberg field centre.The investment budget for Oseberg Vestflanken 2 has been reduced from NOK 8 billion to NOK 6.5 billion. Recoverable reserves have increased, and several digitization measures have been initiated.Drilling is performed by the brand new Cat J rig Askepott, purchased by the license. This is the first job performed by this rig.“This state-of-the-art rig will increase the safety and efficiency of our drilling operations. However, with a new rig, new crew and a new drilling contractor, it is important that we spend time getting familiar with the equipment and crew in the initial phase,” says drilling superintendent Niels Hoogerheide.The project has therefore invested in a drilling simulator on board Askepott, Statoil said.“This will be a useful tool both for getting familiar with the drilling equipment prior to drilling operations, and to practice after a period off. The simulator is expensive, but I am positive that this will pay off through safer and more efficient drilling operations,” says Terje Masdal, project manager for Oseberg Vestflanken 2. The collaboration with the project that built the platform and the suppliers KCA Deutag and Baker Hughes GE is good, according to Hoogerheide.“We have managed to build a team that works closely together. This allows us to use personnel across the organization, and people take ownership of deliveries. The Oseberg Vestflanken 2 well concepts were developed through teamwork with all parties, enabling optimal optimisation and standardisation,” he says.Due to the weather situation in the North Sea the start of production drilling at Oseberg Vestflanken has taken somewhat longer than initially assumed.“Safety is always our number one priority, and we take no chances when we perform these types of operations offshore. We have adjusted the drilling plan and will complete the project in accordance with the original plan,” Masdal says.Cat J Askepott drilling activities on Oseberg Vestflanken 2 are planned to last for about 2.5 years. Oseberg H is the first location, and a total of nine wells are planned.last_img read more

Van Oord VIDEO: Christening of SRI Vessel Bravenes

No Comments

first_img<span data-mce-type=”bookmark” style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” class=”mce_SELRES_start”></span>The latest addition to the Van Oord fleet was introduced on Monday, May 21, at the Wilhelminakade in Rotterdam, the Dutch contracting company that specializes in dredging and land reclamation said in their latest release. Subsea rock installation (SRI) vessel Bravenes was christened by Ms Yvon van Oord-Barbier, the wife of CEO Pieter van Oord. The well-attended christening ceremony marked the start of a two-day event celebrating Van Oords 150th anniversary, said the company.The Bravenes is an innovative vessel in its class because of its unique ability to install rock in three different ways. The vessel can install rock through a fallpipe inserted through the moonpool, through a fallpipe over the side, and through a tremie pipe over the side.The latest addition is the third vessel to join Van Oord’s SRI fleet.last_img read more

Chong reveals Solskjaer influence after signing new Man Utd deal

No Comments

first_img United announced on Monday evening that the 20-year-old has put pen to paper on a two-year deal, with the option for a third. It brings an end to speculation over the youngster’s future after it had been suggested he would leave the club at the end of the current season when he was due to be out of the contract. However, Chong will now remain at Old Trafford until at least the summer of 2022 and he says that Solskjaer’s attitude towards giving academy products the chance to shine was a big reason behind his choice to extend his stay.Advertisement Manchester United’s Tahith Chong has revealed that Ole Gunnar Solskjaer’s willingness to give youth a chance played a part in his decision to sign a new contract with the club. Promoted Content7 Ways To Understand Your Girlfriend Better11 Most Immersive Game To Play On Your Table TopYou’ve Only Seen Such Colorful Hairdos In A Handful Of Anime7 Action Movies That’ll Give You An Adrenaline Rush5 Of The World’s Most Unique Theme ParksBest & Worst Celebrity Endorsed Games Ever MadeThe Very Last Bitcoin Will Be Mined Around 2140. Read More7 Reasons Why You Might Want To Become A VegetarianWho Is The Most Powerful Woman On Earth?7 Ways To Understand Your Girlfriend Better8 Superfoods For Growing Hair Back And Stimulating Its GrowthWhich Country Is The Most Romantic In The World? Speaking to the official club website, he said: “I’m at a club where, if you work hard, you get your opportunities. It’s all about taking those opportunities as well. “I think we’ve got a manager who believes in young players. It’s an exciting time at the moment. “I speak to the manager and everyone around the club to look at what is best for you to do. I think the club is coming in with a brilliant plan and it is just exciting to see what’s going to happen. Read Also:Man United star Chong begs teammates after miss in Astana defeat “The club has done a fantastic job really with the young players. It’s always been a club that gives opportunities to youngsters. This year it has been amazing the faith and trust that the manager has been showing in the young players.” FacebookTwitterWhatsAppEmail分享 Loading… last_img read more

Lady Bulldogs Middle School Netters Start Off Season Against Lady Pirates

No Comments

first_imgThe BMS 7th Grade Volleyball team lost their first game of the season to Greensburg 25-22 and 25-24. Kaylin Hinners led the team with 4 kills. Followed by Kaylie Raver with 3 kills, Renee’ Lecher with 2 kills, and Elena Kuisel with one kill. Margaret Wilson led the team with 6 aces, Sydney Slavin had 3 aces, and Laura Schwegman with one ace. Annie Shane, Sara Lamping, and Taylor Blanton all had good hits and good defensive play. All the girls played very hard for their first game. I am extremely proud of you all.Courtesy of Bulldogs Coach Megan Werner.The BMS 8th Grade Volleyball team opened their season with a tough loss to Greensburg.  The team had a lot of digs against a strong hitting Pirate team. Kennedy Westrick and Laney Walsman hustled to get some of those digs. Unfortunately the Bulldogs were not as aggressive.  The team did connect to earn 9 kills.  Cayman Werner had 4 kills, Timbre Davies had 3 kills.  While Samantha Kessens & Isabelle Westerfeld each earned a kill. Samantha Kessens led the team with 7 service points.Courtesy of Bulldogs Coach Angie Ehrman.last_img read more

Francis “Lynn” Gigerich

No Comments

first_imgFrancis “Lynn” Gigerich 72, of Aurora, Indiana, passed away Saturday June 22, 2019 in Lawrenceburg, Indiana.He was born October 17, 1946 in Milan, IN, son of the late Edmond John and Mary (Meierle) Gigerich.He worked at GM, retiring after over 30 years of service. Lynn was very patriotic and loved his country. He served in the National Guard, and was a member of the American Legion in Aurora and Moores Hill, IN. He was also a member of Aurora Eagles and the Aurora Masonic Lodge and a Shriner. Lynn had a passion for classic cars and was involved in many aspects. He showed his cars, enjoyed working on them, and attended car shows at least once a month. He was a member of the Vintage Street Rodders of America. Lynn loved to mow grass and had an immaculate lawn. He also enjoyed collecting coins and antique clocks. He was a history buff and very knowledgeable about New Marian and Jefferson Proving Ground. He was a self taught business man and had a knack for accounting. Most of all Lynn loved people especially his family. He was involved in so many activities in the community and will be missed by family, many friends and neighbors.He is survived by his loving companion, Cay Cherry; sons, Samuel Gigerich, and Jesse Gigerich; sisters, Kay Gigerich and Joyce Palmer all of Aurora, IN, and Rita (Monte) Smith of Angola, IN.He was preceded in death by his parents and brother, Don Gigerich.Friends will be received Tuesday, June 25, 2019, 5:00 p.m. – 9:00 p.m. at the Rullman Hunger Funeral Home, 219 Mechanic Street, Aurora, Indiana.Mass of Christian Burial will be held at St. Mary’s Catholic Church, 203 Fourth Street, Wednesday, June 26, 2019 at 11:00 a.m. with Fr. Ben Syberg officiating.Interment will follow in the River View Cemetery, Aurora, Indiana.Contributions may be made to the American Heart Association or the Aurora American Legion. If unable to attend services, please call the funeral home office at (812) 926-1450 and we will notify the family of your donation with a card.Visit: www.rullmans.comlast_img read more

FEMI’S AFCON 2019 FLAKES

No Comments

first_imgShare this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Chukwueze’s Rising Profile After a brilliant season with Villarreal at just concluded Spanish topflight, Super Eagles pacy winger, Samuel Chukwueze was thorn between playing for Flying Eagles at the FIFA U-20 Championship  concluded recently in Poland  and of course the  ongoing Africa Cup of Nations in Egypt. The 21-year-old player chose the bigger stage and it seems it is paying off for him. The Nigeria was joint first with Malian Ismailia Sarr for most completed dribbles after Match Day one seven times. Another Nigerian, Wilfred Ndidi was in ninth position with four times. Sadly Egyptian star player, Mohamed Salah did not even make the top 10.Iwobi Aims at Another Final in Two MonthAfter the failed quest to help his club, Arsenal FC, to qualify and play in the UEFA Champions League in the coming season, Alex Iwobi is now dreaming of another final match this time, the AFCON 2019 with the Super Eagles of Nigeria.Iwobi who scored the Gunners’ consolatory goal in the 1-4  Europa tournament loss to fellow Londoners Chelsea at Olympic Stadium in Baku, believes the dream can become a reality next month if Nigeria’s  good fortunes continue in the continental showpiece.“Of course it is everyone’s dream as a player to win titles. It was painful that I failed to achieve this with my club last May but it will be good to make up with Nigeria in Egypt fiesta. Many Nigerians, regardless of club affiliate will definitely wish the 23 –year-old forward come true as Super Eagles aim at fourth title.Sadio Mane is the Winner of the Club v Country BattleIt is a dream of any player plying his trade in Europe to play in the final and win the prestigious UEFA Champions League trophy. Senegalese talisman, Sadio Mane achieved this feat with Liverpool early this month in Madrid, Spain when his side won by a lone goal in all-English final. The dark skinned forward has since put the feat behind him! Hear him, “to win for my country, which has never won a Cup of Nations, would be magnificent. I am even ready to trade in my Champions League success to win the Africa Cup of Nations,” Mane told France Football in an interview published on Tuesday.”The return to Dakar (with the trophy) would be extraordinary. That is my craziest dream,” he said.Flags and Animal ColoursAll the 24 teams with their national team’s colour all have something in common. The unique element makes it a bit difficult to know which flag and colour for any particular nation. All of them have a combination of red, green and yellow. Only those with crest in the middle allows for easy identification!Sex Scandal Rocks Pharaohs’ CampHost nation, Egypt is not having the best of things  at the moment ahead  as their camp was during the week embroiled in sex scandal and has forced the Egyptian FA to axe Amr Warda. Indecent exposure on social media was at the heart of the matter.Reports claimed  Amr Warda was banned from the national squad after discussions with the team’s technical and administrative bodies. The action was to maintain the discipline and focus of the team.The sexual harassment claims surfaced earlier this week on social media platforms. Multiple women posted screenshots and testimonies of Warda’s alleged lewd comments.The Wednesday decision comes hours after another viral clip posted on Twitter by a social media user showed him apparently exposing himself to her.last_img read more

QB Kenterius Womack and center Kendall Moore work with different position groups and other notes

No Comments

first_img Facebook Twitter Google+ Provo was sidelined and freshman offensive tackle Denzel Ward (brace on right ankle) limped around the field while the offensive linemen warmed up. Syracuse linebackers coach Clark Lea conducted drills with his unit focused on working against blockers. Here’s a short video of one drill, shot by beat writer Paul Schwedelson. AdvertisementThis is placeholder text Commentscenter_img Published on August 13, 2015 at 5:19 pm Contact Matt: mcschnei@syr.edu | @matt_schneidman Freshman quarterback Kenterius Womack and junior center Kendall Moore both started Thursday’s open portion of practice with different position groups.Womack wore a green jersey as opposed to the white one worn by quarterbacks and worked with the wide receivers. Moore, who spent the offseason trying to bulk up to play center, worked with the tight ends, his old position group.At Thursday night’s media availability, offensive coordinator Tim Lester said Womack was working at receiver since they didn’t recruit a freshman wideout and needed some more bodies in practice, and that he hopes to have a position set for the freshman by Aug. 21. With Moore, Lester said injuries to tight ends Tyler Provo and P.J. Batten pushed Moore back to his original position but that he’s a “lineman at heart.”Other notes and observations from day five of training campSophomore quarterback AJ Long left practice early, and was clutching his right hand while bending over on the sideline. Long recently got a cast off that hand after a broken bone this summer, and Scott Shafer said it’s nothing serious, in a statement via SU Athletics rep Mike Morrison. The diagnosis is officially an “upper-body injury” but one can make an educated guess that it’s the right hand again.Senior defensive tackle John Raymon, who is week-to-week with an upper-body injury, was wearing a brace on his right elbow at the start of Thursday’s practice. Raymon worked individually with defensive coordinator Chuck Bullough while the rest of the defensive linemen did drills. The senior defensive tackle, listed as the Orange’s first-team defensive tackle on the preseason depth chart, has now worked one-on-one with Bullough to start practice for two straight days. They went over schematic details and Raymon asked a handful of questions.last_img read more

Minor Changes Coming To This Summer’s Alpena Art Walk

No Comments

first_imgAddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThisAlpena- Next Friday, local art galleries and studios will open their doors after hours to welcome the community.It’s the second year of the Alpena Art Walk which takes place one Friday a month throughout the summer. In addition to galleries being open later, musicians and street performers will perform inside and outside of the venues.The biggest change coming to this year’s art walk has to deal with a stamp-prize giveaway. Folks could try to visit all of the venues within the three hour window. They would be entered to win a prize once they received a stamp from all participating galleries.“Some of the feedback we received from that encouraged people to rush through and not really check out all of the art work,” said Alpena Downtown Development Director Anne Gentry.Now, all participating galleries will offer different art-related activities, giveaways, and some will offer hors d’oeuvres. Alpena’s Art Walks will take place on May 25, June 29, July 27, and August 31 in 2018. The hours for each Art Walk event is from 5:00pm until 8:00pm. You can find which galleries will be participating below. Thunder Bay Arts Council & Gallery (127 W. Chisholm St.)Art in the Loft (109 N. Second Ave.)Forty-Five North Art Gallery (121 N. Second Ave.)My Glass Wings (106 N. Second Ave.)The Cellar Building (313 N. Second Ave.)The Centennial Building (150 E. Chisholm St.)My Front Porch Decor by Tathia (117 N. Second Ave.) For more information, visit Alpena Art Walks on Facebook by clicking here. You can also 989-356-6422.AddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThisContinue ReadingPrevious Besser Elementary Students Release Salmon into the WildNext Mackinac Island Named #1 U.S. Travel Destination For Summer 2018last_img read more