Tag #Social Security

lemonde.fr
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French Government Rejects Taxing Retirees to Fund Social Security

French Economy Minister Eric Lombard rejected a proposal by the Labor Minister to tax 40% of retirees to fund social security in the 2025 budget, citing the government's commitment to avoiding new household taxes; the proposal sparked controversy among political parties and government supporters.

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36% Bias Score

Reduced Inequality
lefigaro.fr
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France Considers Taxing Wealthy Retirees to Fund Social Security

France's Minister of Labor proposed taxing retirees with pensions exceeding €2000-2500 per month to fund social security, potentially affecting 40% of retirees and generating €500-800 million annually, complementing a potential increase in weekly work hours to address a €2.5 billion funding gap.

Progress

48% Bias Score

Reduced Inequality
nos.nl
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Dutch Pension Referendum Proposed Amidst Political Tensions

The Dutch Nieuw Sociaal Contract (NSC) party proposed a referendum for pension fund members to decide about transitioning to the new pension system, sparking opposition from pension funds and coalition tensions, as the new system is meant to be in effect by 2028, with some funds already making the t...

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48% Bias Score

No Poverty
taz.de
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German Middle Class Bears Disproportionate Tax Burden Amid Rising Healthcare Costs

Germany's middle class pays over 40% of its income in taxes and social security, more than in any other European country, creating an economic disparity that is projected to worsen due to rising healthcare costs. A proposed solution to tax capital gains faces political opposition.

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52% Bias Score

Reduced Inequality
forbes.com
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Social Security Fairness Act Increases Benefits for Millions of Retirees

President Biden signed the Social Security Fairness Act on January 5th, 2025, retroactively eliminating the WEP and GPO, increasing Social Security benefits for nearly 3 million public sector retirees by an average of $360 per month, starting in 2024, with some seeing increases exceeding $1000.

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48% Bias Score

No Poverty
apnews.com
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CBO Lowers 30-Year US Population Projection by 11 Million

The Congressional Budget Office lowered its 30-year U.S. population projection to 372 million, an 11 million decrease from last year, due to declining birth rates (1.60 births per woman) and reduced immigration resulting from a June executive order temporarily suspending asylum processing.

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32% Bias Score

Reduced Inequality
sueddeutsche.de
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German Health Insurance Contributions Projected to Rise Significantly

The IGES Institute forecasts a substantial rise in German health insurance contributions, reaching 18.5% by 2029 and potentially over 22% by 2035 due to rising healthcare costs and an aging population, prompting the DAK health insurance fund to threaten legal action if reforms aren't implemented.

Progress

52% Bias Score

Good Health and Well-being
nos.nl
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Dutch Pension Referendum Proposal Sparks Debate

A new proposal in the Netherlands mandates referendums for all pension funds to consult participants on switching to a new pension system, sparking debate about its feasibility and impact on the transition.

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40% Bias Score

No Poverty
votreargent.lexpress.fr
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French Unions and Employers Begin Talks on Pension Reform

French unions and employers initiated three months of talks on January 17th to reform the pension system, a significant shift from President Macron's previous approach, aiming to find compromises on financing and other key issues, potentially impacting the future role of social partners in French po...

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56% Bias Score

Decent Work and Economic Growth
lefigaro.fr
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France Considers Seven Hours of Unpaid Annual Work to Fund Social Security

The French government is considering a proposal to require seven additional hours of unpaid annual work from employees to help fund the social security system, aiming for €2 billion in additional revenue by March 1st, 2025, despite previous rejection.

Progress

52% Bias Score

Decent Work and Economic Growth
cnbc.com
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Social Security's Solvency Shortened by Recent Legislation

The Social Security Administration's projected 2035 depletion date for its combined funds has been accelerated by six months due to recent legislation increasing benefits for nearly 3 million recipients without addressing funding, highlighting concerns about the program's long-term solvency and impa...

Progress

52% Bias Score

No Poverty
nos.nl
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Utrecht Crowdfunds to Fix Welfare Payment Inconsistency

Utrecht launched a crowdfunding campaign to support 100 welfare recipients working part-time, aiming to collect €100,000 to address inconsistencies in welfare payments that lead to income shortages and disincentivize work, highlighting flaws in the Dutch Participatiewet.

Progress

60% Bias Score

No Poverty