WASHINGTON (AP) — As the general election nears, Democrats are keen to remind union voters in Pennsylvania that pensions for many workers have been preserved as part of a coronavirus pandemic-era aid package that keeps on giving. As of Friday, the White House said, more than 1 million union workers and retirees’ pensions will have […]
When New York state lawmakers passed a sweeping ethics reform package in 2011, it was hailed as a major advancement toward eliminating corruption in Albany. “This historic ethics reform bill is another step in restoring the public’s trust in their government,” said then-Senate Majority Leader Dean Skelos on the Senate floor during the passage of […]
Four former Doral city officials filed a lawsuit in response to the city council’s revocation of a pension plan that gave the city’s elected officials lifetime pension, health and life insurance. The Elected Officials Pension Plan was approved in January 2021 and revoked in June 2023. It benefited elected officials who served at least eight […]
Americans have a lot of anxiety around retirement. Many people are dipping into their nest eggs to make ends meet amid soaring inflation, some boomers aren’t prepared to leave the workforce as they enter their golden years, and people are increasingly working past the typical retirement age. The most popular method for workers to save […]
Coins lie on a pension information sheet from Deutsche Rentenversicherung. The more than 21 million pensioners in Germany will receive a substantial 4.57% pension increase beginning on July 1, after the German Cabinet approved the adjustment on 24 April in Berlin. Fernando Gutierrez-Juarez/dpa The more than 21 million pensioners in Germany will receive a substantial […]
For many years, Conemaugh Health System, a hospital chain in west central Pennsylvania, was a nonprofit entity, serving patients in the small communities of Johnstown, Hastings, Meyersdale and Roaring Spring. Today, it is a for-profit system owned in part by Apollo Global Management, one of the largest private-equity firms in the United States. Since that […]
BEIJING (AP) — At 53, Guan Junling is too old to get hired at factories anymore. But for migrant workers like her, not working is not an option. For decades, they have come from farming villages to find work in the cities. Toiling in sweatshops and building apartment complexes they could never afford to live […]
BEIJING (AP) — At 53, Guan Junling is too old to get hired at factories anymore. But for migrant workers like her, not working is not an option. For decades, they have come from farming villages to find work in the cities. Toiling in sweatshops and building apartment complexes they could never afford to live […]
(Bloomberg) — Swiss voters backed a plan to raise pensions, the first time in the country’s history that social benefits got an increase via plebiscite. Most Read from Bloomberg The proposal to lift pensions by about 8% was supported by 58% of the electorate, according to a projection from Swiss broadcaster SRG. The plan also […]
A third of workers aged between 20 and 69 have no private pension cover and will depend on a State pension in retirement, a new report shows. Figures from the Central Statistics Office (CSO) reveal there has been a slight improvement in private pension cover in the last year, rising from 66 per cent in […]
Ukraine has sufficient domestic resources and support from its partners to pay pensions and benefits on time. Source: This was stated by Prime Minister Denys Shmyhal at a government meeting on 3 January. Quote: “This will be one of our priorities this year. We will pay pensions and benefits on time. We have domestic resources […]
Ukraine has received US$1.34 billion as the sixth additional financing for partial compensation of Ukraine’s state budget expenses not related to the security and defence sphere, in particular, for pensions and payments to Ukraine’s State Emergency Service employees. Source: Ukraine’s Ministry of Finance Details: Financing is conducted within the World Bank’s Public Expenditures for Administrative […]