Tag #Public Pensions

Showing 1 to 5 of 5 results

foxnews.com
🌐 85% Global Worthiness
News related image

\$1.3 Trillion Pension Crisis Looms: Ohio Teachers' Fund Faces \$30 Billion Shortfall

Ohio's State Teachers Retirement System faces a \$20-30 billion shortfall due to decades of mismanagement and poor investment choices, threatening massive tax increases unless urgent reforms are made; this is part of a nationwide \$1.3 trillion pension crisis.

Progress

56% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
News related image

Social Security Fairness Act Eliminates WEP and GPO, Raising Concerns About Program Solvency

President Biden signed the Social Security Fairness Act on January 5th, eliminating provisions that reduced benefits for public sector retirees with outside pensions, increasing payouts for approximately 2 million individuals under WEP and 750,000 under GPO, despite concerns from Social Security exp...

Progress

44% Bias Score

Reduced Inequality
cnbc.com
🌐 85% Global Worthiness
News related image

House Passes Social Security Fairness Act; Senate Vote Looms

The House passed the Social Security Fairness Act (327-75), aiming to eliminate rules reducing benefits for 2.8 million public pensioners; the Senate must now pass it before the session ends, facing opposition from experts who argue the bill lacks cost offsets.

Progress

56% Bias Score

Reduced Inequality
elmundo.es
🌐 75% Global Worthiness
News related image

Spain Launches 835,000 Euro Campaign to Boost Pension Confidence and Social Security Recruitment

The Spanish government is launching an 835,000 euro campaign to address young people's lack of confidence in the public pension system and to promote careers in social security administration, driven by survey data showing that almost half of young adults don't expect to receive a pension.

Progress

36% Bias Score

Reduced Inequality
abcnews.go.com
🌐 85% Global Worthiness
News related image

Social Security Fairness Act Signed, Hastening Fund Insolvency

President Biden signed the Social Security Fairness Act, boosting payments for nearly 3 million public employees by repealing provisions that reduced benefits for those receiving other pensions, though this will hasten Social Security's insolvency.

Progress

40% Bias Score

Reduced Inequality

Showing 1 to 5 of 5 results