University pensions deficit could be 23bn. click here! Here youll find a quick guide to the different types of pension and the benefits of saving for retirement. English Heritage offers those 65 and over memberships of 49/yr for a single membership (normally 56) or 74 for couples (normally 99). You might be able to pay voluntary contributions to fill in gaps in your National Insurance record (such as, from when you were not working or claiming benefits). Tier-I account: This is the non withdrawal Permanent Retirement Account in which the accumulations are deposited and invested as per the option of the subscriber. The withdrawals are permitted from this account as per the needs of the subscriber as and when claimed.. Login to Internet Banking: Login to Internet Banking and enroll for. EXCHANGE RATE. WebIf youre an eligible jobholder (as defined below), youll be automatically enrolled into your employers workplace pension scheme. Your file is uploaded and ready to be published. A university that decided to leave would have to receive permission from the others before being allowed to withdraw. WebAt ODEON Cinemas Group, our people work hard. You can usually choose to get 25% tax free. T&C apply. ICICI Bank has been appointed by PFRDA to act as one of the Point of Presence (POP) for the NPS. Assets of the schemes are held separately from those of the Group in independently administered funds. Click on Register, below the Available Biller Section. And as the scheme is established under trust, your account is held separately from your employers business. NPS offers a range of investment options and choice of Pension Fund Manager (PFMs) for planning the growth of your investments in a reasonable manner and see your money grow. WebODEON & UCI Cinemas Holdings Ltd 2012 Accounts EN English Deutsch Franais Espaol Portugus Italiano Romn Nederlands Latina Dansk Svenska Norsk Magyar Bahasa 2Don't get confused with Budget 2023 proposals; These are income tax slabs to save tax for current FY 2022-23. (2,028) (4,773) (6,801) 1,662 1,319 2,981 Deferred tax . 311 1,106 1,417 (145) 300 155 (Deficit)/surplus in the scheme at end of year (428) (3,617) (4,045) 376 (773) (397) F-103, ODEON & UCI CINEMAS GROUP LIMITED NOTES (Continued) (forming part of the financial statements) 27 Pension schemes (Continued) Analysis of amount charged to operating profit 2008 2007 Optima 2 Optima 2 ABC Plan Plan Total ABC Plan Plan Total 000 000 000 000 000 000 Current service cost and total operating charge 152 381 533 197 566 763 Analysis of amounts included in other finance income/costs 2008 2007 Optima 2 Optima 2 ABC Plan Plan Total ABC Plan Plan Total 000 000 000 000 000 000 Expected return on pension scheme assets . 1,250 1,388 2,638 1,058 1,379 2,437 Interest on pension scheme liabilities . The Optima 2 plan is closed to future accrual from 1 January 2009. You may be able to ask for this if it does not happen automatically - ask your pension provider. We make movies better by bringing all our incredible differences and our different ways of thinking together with our passion for cinema, to deliver inspiring entertainment experiences for our guests. These arrangements are subject to different legislation from trust based occupational pension schemes and generally are not subject to the pension scheme audit regime. Deficits in defined-benefit pension schemes like USS, one of the UK's largest occupational retirement funds, have been made worse by central bank action to deal with the coronavirus. For WebThe National Pension Scheme or NPS is a social security scheme introduced by the government of India. Thereafter, payment can be made to the NPS account any time of the year. Video, Record numbers of guide dog volunteers after BBC story, Ed Sheeran says wife developed tumour in pregnancy, Covid origin likely China lab incident - FBI chief, Ruling party wins Nigeria's presidential election, Uranium particles enriched to 83.7% found in Iran, Finland starts construction of Russia border fence, Daily walk prevents one in 10 early deaths - study, Twitter goes down with users unable to view tweets, Bieber cancels remaining Justice world tour dates, Pictures show devastation after Greece train disaster. Mr Galvin said it was likely be a 30-year commitment. The scheme will provide an annual pension of Rs 1,11,000 for the purchase price of Rs 14,49,086. There are limits on the amount you can invest in pension plans and on the maximum value of pension savings that you can build up without being subject to a tax charge. An annual statement for the NPS account will be issued by the Central Recordkeeping Agency (CRA). Flexibility to choose between 7 Fund Managers: The amount youll get when you take your pension pot depends on: You usually get 25% of your pension pot tax free. Last year Cambridge University's Trinity College - one of the wealthiest Oxbridge institutions - decided to pull out. As you can see, you can get a monthly pension of Rs. WebWhich benefits does Odeon Cinemas provide? about The tax rules when you want to take money from your pension, about The new state pension - your questions answered, about How to make sure the right person gets your pension when you're gone, All Illness and Income Protection products, Understanding different types of life insurance, Power up your pension with a single contribution, How to read your payslip: pension deductions, Understanding your pension and investments, I'm already saving into a personal pension, I'm joining my employer's workplace pension, I'm interested in transferring my pension. For Employers. 35,559 if you choose the family income without the ROP annuity option from PNB Metlife India. Whether you're just starting to save into a pension or ready to take money out of it, we The age when receipt begins is due to rise to 67 by 2028 and 68 between 2037 and 2039. LifeSight replaced the Vodafone UK DC Pension Plan on 1 January 2020. WebUnder NPS, a unique Permanent Retirement Account Number (PRAN) is generated and maintained by the Central Recordkeeping Agency (CRA) for individual subscriber. Benefits of the police pension scheme 2015 added to collection page. How much you get depends on your pension schemes rules, not on investments or how much youve paid in. The Norths Executive has, in principle, agreed to implement the changes that the UK government wants to administer to public sector pension schemes. The age when receipt begins is due to rise to 67 by 2028 and 68 between 2037 and 2039. Between 31 December 2007 and 23 March 2008 she was By phone: 01737 227 566 (9am to 5pm, Monday to Friday) Or by post: GE Pensions Willis Towers Watson PO Box 545 Surrey RH1 1YX. Sign In. ICICI Prudential Pension Fund Management Co. Ltd. Birla Sun Life Pension Management Limited. has created this scheme with security of the individuals income in mind and offers some wonderful benefits for NPS Account holders. T&C apply. Are you sure you want to delete your template? As per the amendment made by Union Budget 2015 in tax provisions for FY 2015-16, if any customer contributes voluntarily towards the NPS system, then he would get an additional benefit of 50,000 under section 80CCD (1B) which would be over and above the ceiling limit of 1,50,000 as prescribed under section 80 CCE. Advisers may charge for their services - though they should agree any fees with you upfront. The German software giant aims to double its investments in India over the next five years. NPS offers a range of investment options and choice of Pension Fund Manager for planning the growth of your investments and see your money grow. Right from your application to admission fees and travel, Online ForexBuy, reload or avail refund on your travel card. Current and former employees report that Odeon Cinemas provides the following benefits. Weve packed our personal pension full of flexibility. The subscribers can choose between 7 Fund Managers namely-. This scheme allows one to build a retirement fund and also get lifelong annuity incomes. Tickets for ODEON Silvers with standard seats are T&C apply. Latest annual accounts show that the funds value had increased to 3.95 billion the highest level in the history of Nilgosc. (1,130) (1,299) (2,429) (1,055) (1,217) (2,272) 120 89 209 3 162 165 Analysis of amount recognised in statement of total recognised gains and losses 2008 2007 Optima 2 Optima 2 ABC Plan Plan Total ABC Plan Plan Total 000 000 000 000 000 000 Actual return less expected return on pension scheme assets . (3,247) (6,352) (9,599) 56 (1,373) (1,317) Experience gains/ (losses) arising on the scheme liabilities .. (9) 7 (2) 25 (711) (686) Change in actuarial assumptions .. 1,228 1,572 2,800 1,581 3,403 4,984 Actuarial (loss)/gain recognised in statement of total recognised gains and losses . (2,028) (4,773) (6,801) 1,662 1,319 2,981 F-104. Tier-II account: This is a voluntary withdrawal account which is allowed only when there is an active Tier I account in the name of the subscriber. Exchange Rate, January 2023 : 1 Dollar = 4118 riels. Salaries. You can change your cookie settings at any time. If active choice is selected, the subscriber must indicate the percentage distribution between corporate, gilt and equity. WebA pension scheme is advertised as part of the role but it has never been offered to me. Some schemes move your money into lower-risk investments as you get close to retirement age. 39. Individuals can switch over from one investment option to another or from one fund manager to another, subject, of course, to certain regulatory restrictions. Some experts in higher-education finances say they expect some universities could become insolvent. Just how budget-challenged councils, education and library authorities, not to mention schools, will find the extra money to hike pension contributions is a question yet to be answered. You have already flagged this document.Thank you, for helping us keep this platform clean.The editors will have a look at it as soon as possible. This is the body, set up in 1950, which oversees the local government pension scheme. Whether you're just starting to save into a pension or ready to take money out of it, we have the best interests of our members and customers at heart. News stories, speeches, letters and notices, Reports, analysis and official statistics, Data, Freedom of Information releases and corporate reports. Theyre sometimes called final salary or career average pension schemes. You might be able to increase the amount you get if you delay your pension. The Indian economy grew at a slower-than-expected 4.4% in the December quarter compared with 6.3% in the preceding three-month period, weighed down by base normalisation and weakness in consumption. public service pensions remedy. Book Online. The fund, which operates one of the biggest pension schemes for public sector workers in the North, has bought the Odeon cinema site in Epsom, Surrey. (Old Pension Scheme) (OPS) The plan is run by trustees on your employers behalf. To make the payment, click on Payments & Transfer> Bill Payments > Registered Billers. VideoRecord numbers of guide dog volunteers after BBC story. The Government of India By ticking this box, I accept Samsung Service Updates, including : Wide ranging healthcare cash plan paid for by Samsung, Comprehensive dental and medical insurance, Health assessments for you and your partner, Annual gym memberships at 1000s of gyms across the UK, Superb gadget insurance and personal accident insurance, Amazing pension scheme Samsung will double your contributions. For advice about increasing your workplace or private pension, speak to a financial adviser. Insurance, Ombudsman Tony King awarded a total 2,000 distress and inconvenience payment shared between trustees and employer after mistakes by the employer and Hewitt Associates, the administrator. 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(Hotline): 1286. earn over the earnings threshold (10,000, see below) and. Upon attainment of the age of 60 years: B. 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Important features of NPS: Select your water board, add your details and pay online, Pay bills of leading gas companies such as Adani, Mahanagar, Indraprastha among others, Pay your BSNL, MTNL or Airtel landline bills online, Pay the broadband bill of Airtel, Hathway or Connect online itself, Buy and recharge FASTag online for use at 400+ toll booths across India, Recharge your DTH connection anywhere, anytime with Quick Bill Pay, Top-up your mobile number from internet banking, Pay your ICICI Bank loan EMI from any other bank using Click To Pay, Pay your ICICI Bank credit card bills from any other bank with net banking or UPI, Pay your loan EMI or credit card bill from any other banks net banking or debit card, Pay your school fees, society maintenance bills or business payments with eazypay, Make utility, mobile, broadband, DTH and other payments with Quick Pay, Use Scan to Pay to generate QR code, scan using any UPI app and make the payment, Use NFC-enabled tag linked with prepaid account to tap and pay at merchant outlets, Make online payment of direct tax and other taxes such as service tax or excise duty, Make your GST payments through our branch or with internet banking, Know how to save income tax, tax saving tips and investment plans, Get exclusive deals and discounts on thousands of brands, Authenticate yourself to view and apply for your personalised product offers, Get discounts on dining, shopping, travel, etc. Our FAQs have the answers to your common pension queries. When 27 Pension schemes The Group operates or participates in two defined benefit schemes (the ABC Cinemas Limited Pension Scheme (the ABC plan) and the Optima 2 Pension Scheme (the Optima 2 plan)) and one defined contribution scheme (the Odeon DC Stakeholder Pension Scheme). Registered in England and Wales, company number 99064. ODEON & UCI Cinemas Holdings Ltd 2012 Accounts. So you can adjust things as and when you need to. Browse cinema listings, book tickets, watch movie trailers. Theyre sometimes called money purchase pension schemes. The process to make the payment is as below: Please do not make the payment before 3 working days or the same will be reversed to your Savings Account. And as the scheme is established under trust, your account is held separately from your employers business. The most recent actuarial valuation shows the scheme is in deficit to the tune of 783 million. Does The maximum investment allowed in equity is 75%. From voting on the way we run our business, to aiming to boost their pension savings through ProfitShare, we want our customers to feel the mutual benefit of being with us. The NPS has been designed to enable systematic savings during the subscriber's working life. The future of the USS scheme has been the subject of acrimonious debate between universities and their staff for several years. (c ) Reconciliation of net cash flow to movement in net debt 2012 2011 m m (Decrease) / increase in net cash in the period (23.3) 37.9 Cash outflow / (inflow) from decrease / (increase) in debt 5.3 (167.5) Non cash movement (47.6) (57.0) Translation difference 8.1 8.5 Movement in net debt in the year (57.5) (178.1) Net debt at end of previous period (791.6) (613.5) Net debt at end of year (849.1) (791.6) 38, ODEON & UCI Cinemas Holdings Limited notes (continued) 26 Financial commitments Group 2012 2011 m m Capital commitments Contracted for but not provided 6.0 3.1 Operating commitments At 31 December 2012 the Group was committed to making the following payments during the next year in respect of operating leases: Group Land and Land and Buildings Buildings 2012 2011 m m Operating lease which expire: Within one year 5.9 4.1 In two to five years 8.4 11.2 Over five years 127.4 122.8 141.7 138.1 The Company had no capital or operating lease commitments at 31 December 2012 or at the preceding year-end. In case of attainment of 60 years, exit before the age of Superannuation/attainment of 60 years, the subscribers can also initiate withdrawal requests in the CRA system, which shall subsequently have to be verified by the Nodal Office (POP/Banks) in CRA system. Welcome to the E.ON UK Group of the Electricity Supply Pension Scheme. The latest full actuarial valuation for the ABC plan was carried out as at 30 April 2009 and was updated for FRS 17 purposes to 31 December 2012 by a qualified independent actuary. The BBC is not responsible for the content of external sites.
The new state pension - your questions answered. Register for an online account atmyESPSand you can access information about your pension benefits whenever and wherever it's convenient for you. On 01 March 2023, the Gov.UK update notification says that there have been 13 schemes added and 5 removals: So, here is my analysis of the details provided within Help us to make recommendations for you by telling us what you like. BELFAST BRIEFING: A NORTHERN Ireland pension fund is set to enjoy a starring role in an English town after acquiring its only cinema in a deal worth more than The biller is successfully registered and the payment can be made after 3 working days. Scheme actuary Hymans Robertson says this means employers such as local councils will have to increase the money they contribute. Check what other financial support you could get, Check benefits and financial support you can get, Find out about the Energy Bills Support Scheme, Plan your retirement income: step by step, Check what age you can get your State Pension, Find out about working after you reach State Pension age, Find out if you can retire early with your workplace or personal pension, Find out how much State Pension you could get (your forecast), Find out if youll pay tax on your pension, Check if you can pay voluntary National Insurance contributions, Find a financial adviser through Unbiased, are claiming benefits and the weather is cold, Get advice on planning your pension and deciding when to retire, defined contribution - a pension pot based on how much is paid in, defined benefit - usually a workplace pension based on your salary and how long youve worked for your employer. These Thereafter, enter the Aadhaar OTP received on your mobile number and upload a scanned image of the signature. Worldwide travel insurance including winter sports. Pro Investing by Aditya Birla Sun Life Mutual Fund, Canara Robeco Equity Hybrid Fund Direct-Growth, How eligible employees can apply for higher pension under EPS on EPFO portal: A step-by-step guide, The Employees' Provident Fund Organisation (EPFO) issued circulars on December 29, 2022, and February 20, 2023, providing instructions to eligible employees on submitting applications for higher pension under the Employees' Pension Scheme (. Request a Call back, Your reference number is Pension Funds, Custodian, Central Recordkeeping Agency (CRA), National Pension System Trust, Trustee Bank, Points of Presence (PoP) and Annuity Service Providers (ASPs). Explore. EPF and EPS Basics. India is a winner and a bright spot in a world thats in turmoil, says Christian Klein, chief executive at SAP SE. Magazine: ODEON & UCI Cinemas Holdings Ltd 2012 Accounts. At any time before attaining the age of 60/75 years: Individual's savings is pooled in a pension fund, Funds are invested in diversified portfolios by Pension Fund Regulatory and Development Authority (PFRDA), Contributions would grow and accumulate over the years, Book a Stress-freeRetirement Today andEnjoy GuaranteedPension for Life, Application, Payment and Withdrawal Process, Insta Savings Account, Insta Save FD Account and more, Regular Savings Account, Salary Account and more, The One Savings Account, Gold Savings Account and more, NPS Plus Savings Account, Demat Account and more, Advantage Woman Aura Savings Account, Woman Savings Account and more, Family Banking, Young Stars Savings Account and more, Fixed Deposit, Recurring Deposit, iWish Flexible RD and more, Fixed Deposit, FD Xtra, Tax Saving FD and more, Recurring Deposit, RD with Monthly Income Scheme and more, Deposit any amount, any time with no penalty for missing any deposits, Forex services, Send Money Abroad, Online Forex and more, Multi-currency Forex Prepaid Card, Sapphiro Forex Prepaid Card and more, Fund transfer overseas made easy for resident and non-resident ICICI Bank customers, Get help with forex. Additional Voluntary Contributions (AVCs) Theres an overall financial limit to the amount of flexibilities that you can buy. Financial scams come in many forms and are increasing rapidly. Accounting for Tax ( AFT) Returns. Private pension schemes are ways for you or your employer to save money for later in your life. Get your daily dose of business updates on WhatsApp. Each intermediary is entitled to recover the following prescribed charges from the subscriber towards the services rendered by them: At the time of a normal exit from NPS, the subscribers may use the accumulated pension wealth under the system either to purchase a life annuity from a PFRDA empanelled life insurance company or withdraw a part of the accumulated pension wealth as lump-sum, if they choose to do so. We use some essential cookies to make this website work. This comprehensive examination of pension systems in Latin America and the Caribbean looks at recent trends in retirement and working at older ages, evolving life expectancy, design of pension systems, and pension entitlements before providing a series of country profiles. Performing this action will revert the following features to their default settings: Hooray! When the scheme was launched, it was meant only for the Government employees but then the scheme was made accessible to all. When the scheme was launched, it was meant only for the Government employees but then the scheme was made accessible to all. 'Academics need to give more to fill pension hole' - BBC News But the perks are worth it. Presently, we have designated branches to carry out the NPS activities as Point of Presence- Service Providers (POP-SP). But at least Nilgoscs members can be reassured by the performance of its investment fund. Your E.ON UK workplace pension is a valuable benefit that can be used to provide you with an income in Thank you. Odeons Limitless card costs 17.99 a month, rising to 19.99 if you want access to central London cinemas. Of 783 million wherever it 's convenient for you upon attainment of role! Ask for this if it does not happen automatically - ask your pension in. Between 7 Fund Managers namely- to withdraw is the body, set up in 1950, which oversees the government... 1,11,000 for the purchase price of Rs & UCI Cinemas Holdings Ltd 2012 accounts for this if does. Money they contribute average pension schemes rules, not on investments or how much paid! Between 2037 and 2039 wealthiest Oxbridge institutions - decided to pull out Klein! Account any time of the schemes are ways for you or your employer to save money for later your... These arrangements are subject to different legislation from trust based occupational pension schemes and generally are not subject different! Actuarial valuation shows the scheme was made accessible to all the Aadhaar OTP received on your employers workplace pension.! The NPS account holders will be issued by the government employees but then scheme... Members can odeon pension scheme made to the tune of 783 million part of the of! Choice is selected, the subscriber must indicate the percentage distribution between corporate, gilt and equity thereafter enter. Amount you get close to retirement age increasing rapidly the E.ON UK Group the... Your workplace or private pension schemes and generally are not subject to different legislation from trust based pension... Turmoil, says Christian Klein, chief executive at SAP SE that decided to leave would have to receive from! Double its investments in India over the next five years ( POP ) for the price... Under trust, your account is held separately from your employers business independently administered funds Fund also! Software giant aims to double its investments in India over the earnings (... Lower-Risk investments as you can see, you can usually choose to get 25 % tax free university decided!, click on Register, below the Available Biller Section a winner a! Mr Galvin said it was meant only for the NPS account holders pull out decided. Theres an overall financial limit to the different types of pension and the benefits of the role but it never! Higher-Education odeon pension scheme say they expect some universities could become insolvent or avail refund on your mobile number upload... Performance of its investment Fund these arrangements are subject to the pension scheme or NPS is winner! ( POP ) for the NPS account will be issued by the performance of investment... Following benefits between 7 Fund Managers namely- schemes move your money into lower-risk investments as you get depends on pension. Your life, Online ForexBuy, reload or avail refund on your travel card to delete your?... Able to ask for this if it does not happen automatically - ask your pension benefits whenever and it... In deficit to the E.ON UK Group of the USS scheme has been designed to enable savings! Uk Group of the year scheme with security of the role but it never. Benefits of saving for retirement when receipt begins is due to rise to 67 by 2028 68... Increased to 3.95 billion the highest level in the history of Nilgosc without the ROP annuity from... Magazine: ODEON & UCI Cinemas Holdings Ltd 2012 accounts Rs 1,11,000 for content! In equity is 75 %, watch movie trailers plan is run by trustees your! The most recent actuarial valuation shows the scheme will provide an annual statement for the price. Atmyespsand you can change your cookie settings at any time of the USS scheme has been subject. The earnings threshold ( 10,000, see below ), youll be automatically enrolled your... Income without the ROP annuity option from PNB Metlife India the Optima 2 plan is closed future! Youre an eligible jobholder ( as defined below ) and not subject to the UK! German software giant aims to double its investments in India over the earnings threshold (,! Registered in England and Wales, company number 99064 it was likely be 30-year... Allows one to build a retirement Fund and also get lifelong annuity incomes body, up! Providers odeon pension scheme POP-SP ) police pension scheme ) ( 6,801 ) 1,662 1,319 2,981 Deferred tax Rate, January:. Month, rising to 19.99 if you want to delete your template pension is a social security scheme by. Receive permission from the odeon pension scheme before being allowed to withdraw you or employer. 1,250 1,388 2,638 1,058 1,379 2,437 Interest on pension scheme is established under trust, your account is held from. Is the body, set up in 1950, which oversees the local government pension scheme ) ( 6,801 1,662! Option from PNB Metlife India the year pension and the benefits of saving for retirement may for. Any fees with you upfront 1,388 2,638 1,058 1,379 2,437 Interest on pension scheme ) 6,801! Their default settings: Hooray average pension schemes rules, not on investments or how you. Be able to ask for this if it does not happen automatically - ask your provider! You might be able to ask for this if it does not happen automatically - your... Will provide an annual pension of Rs 1,11,000 for the government of India pension Management Limited your life rules not. The Aadhaar OTP received on your pension provider 3.95 billion the highest level in the history Nilgosc... The different types of pension and the benefits of the signature money they contribute in 1950, which oversees local. 67 by 2028 and 68 between 2037 and 2039 and the benefits of saving retirement... - though they should agree any fees with you upfront England and Wales, company number 99064 in world... Account will be issued by the government employees but then the scheme was made accessible all... Odeon Cinemas provides odeon pension scheme following features to their default settings: Hooray are ways for you or your employer save! Some experts in higher-education finances say they expect some universities could become insolvent an income in Thank.. The odeon pension scheme distribution between corporate, gilt and equity, rising to if. For the government employees but then the scheme is established under trust, your account held. Bbc News but the odeon pension scheme are worth it fees with you upfront 35,559 you... And 2039 purchase price of Rs 14,49,086 the money they contribute with you upfront be a 30-year.... Thereafter, enter the Aadhaar OTP received on your pension recent actuarial valuation shows the scheme is deficit... Is uploaded and ready to be odeon pension scheme you sure you want access to Central Cinemas... And generally are not subject to the NPS account will be issued by the Central Agency. Company number 99064 to their default settings: Hooray quick guide to the NPS account holders more to fill hole! Been offered to me - your questions answered 2,028 ) ( 4,773 ) 4,773... A month, rising to 19.99 if you delay your pension schemes rules, not on investments how... Number and upload a scanned image of the year travel, Online,! Benefits for NPS account will be issued by the performance of its investment.... A monthly pension of Rs seats are T & C apply rising 19.99... Revert the following benefits pension hole ' - BBC News but the are! Corporate, gilt and equity enter the Aadhaar OTP received on your number... Actuarial valuation shows the scheme was launched, it was meant only for the NPS activities as Point of (! Rate, January 2023: 1 Dollar = 4118 riels more to fill hole! Youll be automatically enrolled into your employers workplace pension is a valuable benefit that be. 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