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State Treasurer to Wall Street: Don't Loan Illinois More Money!
Illinois State Treasurer Dan Rutherford (D) told TRMA members that Illinois is on the verge of financial disaster because of $45 billion in bonded indebtedness; $8 billion in unpaid bills; and $140 billion in unfunded pension and retiree health care benefits.
"There's nothing more important to me than to pull the fire alarm and tell you that if we don't address this issue, we will not be able to pull this thing out of the fire," Rutherford said in the latest in a series of meetings between elected officials and TRMA members held June 28.
It's been widely reported that only California has a higher credit risk than Illinois in the opinion of Standard & Poor's, Fitch and Moody's, the nation's largest bond rating firms. But Rutherford said he was recently informed by Moody's that it revised its estimate and now considers Illinois to be the nation's highest risk. Click here for full story.
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Three Rivers Safety Center Introduces Enhanced Contractor Refresher Course
Beginning July 6, an enhanced Contractor Safety Refresher (CSR) course will be introduced. TRMA member focus groups which met in 2010 identified a member interest in enhancing this training to make it more application based and challenging. This enhanced course will facilitate participant discussion to identify appropriate, safe problem solving for situations that a contractor may encounter when working at a TRMA manufacturer's facility. Click here for full story.
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New Fatigue Standard on the Radar Screens of TRMA Members
HR representatives from TRMA member refinery and petrochemical manufacturers met in roundtable fashion June 23 to discuss the implications of a proposed standard to limit workplace fatigue and thus reduce accidents and injuries. "I thought it would be helpful for members to share how their respective companies are addressing the standard," said Steve Boyer, human resources manager at Stepan Company in Elwood.
The standard was one of the recommendations made by the U.S. Chemical Safety and Hazard Investigation Board (CSB) as the result of its probe of the 2005 explosion at a BP refinery in Texas that killed 15 and injured nearly 200. Worker fatigue was cited as a contributing factor in the disaster.
The standard, known as Fatigue Risk Management Systems in the Refining and Petrochemical Industries (FRMS), or Practice 755 for short, was written by the American National Standards Institute (ANSI) and the American Petroleum Institute (API). Basically, it limits the number of hours a person can work during a day and the number of consecutive days a worker can work in a row, and it requires a minimum of from 36 to 48 hours off. Click here for full story.
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