Tag #Social Security

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pt.euronews.com

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May 16, 13:11

EU Average Personal Tax Rates in 2024: Belgium Highest, UK Lowest

Based on OECD and Eurostat data, Belgium had the highest average personal tax rate (39.7%) in 2024 among EU countries, while Cyprus had the lowest (15.6%). Italy saw the largest increase (7.5%), and the UK the largest decrease (-8.6%).

EU Average Personal Tax Rates in 2024: Belgium Highest, UK Lowest

Based on OECD and Eurostat data, Belgium had the highest average personal tax rate (39.7%) in 2024 among EU countries, while Cyprus had the lowest (15.6%). Italy saw the largest increase (7.5%), and the UK the largest decrease (-8.6%).

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What were the most significant annual changes in average personal tax rates across European countries in 2024?

These variations reflect differences in income tax rates and social security contributions across EU nations. Germany's high rate (37.4%) compared to the UK's (21.4%) is largely due to higher social security contributions in Germany (20.7%) versus the UK (5.9%). Southern European countries generally saw tax increases in 2024, while Eastern European countries showed a mixed trend.

elmundo.es

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May 16, 04:10

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.

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.

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What are the potential long-term impacts of the campaign's success or failure on the sustainability of Spain's public pension system?

This campaign highlights a systemic issue: declining confidence in public pensions among young Spaniards, potentially impacting future system sustainability. The campaign's success depends on effectively communicating the system's value and incentivizing young people to consider careers in social security administration. Long-term success requires addressing deeper concerns about pension viability.

faz.net

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May 13, 10:11

SPD Defends Inclusion of Civil Servants in German Pension System

German SPD deputy Dagmar Schmidt defends Labor Minister Bärbel Bas' proposal to include civil servants in the statutory pension insurance, citing Austria as a successful model and referencing the coalition agreement for a pension commission to study the proposal; the German Pension Insurance support...

SPD Defends Inclusion of Civil Servants in German Pension System

German SPD deputy Dagmar Schmidt defends Labor Minister Bärbel Bas' proposal to include civil servants in the statutory pension insurance, citing Austria as a successful model and referencing the coalition agreement for a pension commission to study the proposal; the German Pension Insurance support...

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What are the immediate implications of including civil servants in Germany's statutory pension insurance?

German SPD deputy Dagmar Schmidt supports Labor Minister Bärbel Bas' proposal to include civil servants in the statutory pension insurance, emphasizing it's a long-term systemic change not affecting current civil servants. She highlights that employees often need both statutory and company pensions to reach a comparable level, suggesting Austria as a successful model. Schmidt points to the coalition agreement mandating a pension commission to study the proposal thoroughly.

faz.net

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May 11, 19:11

CDU Urges Focus on Existing Commitments Before Pension Reform

Germany's CDU party is urging the government to prioritize implementing the 'Aktivrente' and abolishing the 'Bürgergeld' welfare program before considering proposals to expand statutory pension insurance to include civil servants, members of parliament, and the self-employed, reflecting tensions wit...

CDU Urges Focus on Existing Commitments Before Pension Reform

Germany's CDU party is urging the government to prioritize implementing the 'Aktivrente' and abolishing the 'Bürgergeld' welfare program before considering proposals to expand statutory pension insurance to include civil servants, members of parliament, and the self-employed, reflecting tensions wit...

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What are the immediate implications of the CDU's call to prioritize existing coalition agreements over expanding the statutory pension insurance?

Germany's CDU party is urging the government to focus on its coalition agreement, prioritizing the implementation of the 'Aktivrente' and the abolishment of the 'Bürgergeld' welfare program before considering further pension reform proposals. CDU Secretary General Carsten Linnemann highlighted the need to deliver on recent promises to citizens before exploring new ideas, expressing concerns that pursuing multiple reforms simultaneously could lead to inaction.

bbc.com

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May 3, 13:15

Brazilian Minister Resigns Amid \$1.1 Billion Pension Fraud

Brazil's Social Security Minister Carlos Lupi resigned nine days after police uncovered a \$1.1 billion corruption scandal involving unauthorized deductions from millions of pensioners' payments, with over \$177 million in assets seized during Operation No Discount.

Brazilian Minister Resigns Amid \$1.1 Billion Pension Fraud

Brazil's Social Security Minister Carlos Lupi resigned nine days after police uncovered a \$1.1 billion corruption scandal involving unauthorized deductions from millions of pensioners' payments, with over \$177 million in assets seized during Operation No Discount.

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What is the immediate impact of the \$1.1 billion pension fraud scandal on Brazil's government and its citizens?

Brazilian Social Security Minister Carlos Lupi resigned following a \$1.1 billion corruption scandal involving unauthorized deductions from pensioners' payments. The scheme, uncovered by Operation No Discount, allegedly involved registering pensioners in associations without consent to siphon funds to corrupt officials. Over \$177 million in assets have been seized.

abcnews.go.com

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May 3, 07:13

Trump Administration Appeals for Access to Social Security Data

The Trump administration appealed to the Supreme Court for access to Social Security data by Elon Musk's Department of Government Efficiency, which a Maryland judge restricted due to privacy concerns, prompting a Supreme Court response request by May 12th.

Trump Administration Appeals for Access to Social Security Data

The Trump administration appealed to the Supreme Court for access to Social Security data by Elon Musk's Department of Government Efficiency, which a Maryland judge restricted due to privacy concerns, prompting a Supreme Court response request by May 12th.

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How does this case reflect broader conflicts between government efficiency initiatives and concerns about individual privacy, and what are the potential consequences of each outcome?

This case highlights the conflict between the Trump administration's efforts to streamline government operations and concerns over individual privacy. DOGE's broad access request, deemed a "fishing expedition" by a lower court, raises questions about the balance between efficiency and the protection of sensitive personal data held by Social Security. The Supreme Court's decision will set a precedent for future access requests to similar sensitive data.

t24.com.tr

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May 16, 10:12

Turkey to Subsidize Housewives' Retirement Premiums

Turkey's government plans to provide retirement benefits to housewives, covering one-third of their minimum wage-based insurance premiums (approximately 2,883.92 TL monthly), and additional retirement benefits for those working in hazardous environments, effective after the plan's approval by the Ec...

Turkey to Subsidize Housewives' Retirement Premiums

Turkey's government plans to provide retirement benefits to housewives, covering one-third of their minimum wage-based insurance premiums (approximately 2,883.92 TL monthly), and additional retirement benefits for those working in hazardous environments, effective after the plan's approval by the Ec...

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How does the proposed legislation for hazardous workplace workers interact with the retirement benefits for housewives?

This policy aims to address social security disparities, recognizing the unpaid care work of housewives and the hardships faced by those in hazardous occupations. By subsidizing premiums and offering additional retirement benefits, the government seeks to improve their financial security in retirement. The plan considers factors such as number of children and disability status.

abcnews.go.com

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May 15, 16:11

Older Americans Face Social Security Garnishment Over Resumed Student Loan Collections

The Trump administration's resumption of student loan collections is garnishing the Social Security checks of hundreds of thousands of older Americans, causing widespread financial hardship and impacting their ability to meet basic needs. This follows a five-year pause due to the pandemic and affect...

Older Americans Face Social Security Garnishment Over Resumed Student Loan Collections

The Trump administration's resumption of student loan collections is garnishing the Social Security checks of hundreds of thousands of older Americans, causing widespread financial hardship and impacting their ability to meet basic needs. This follows a five-year pause due to the pandemic and affect...

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How did rising tuition costs and changes in loan repayment contribute to the significant increase in older Americans with defaulted student loan debt?

The dramatic increase in student loan debt among older Americans (a six-fold rise in 20 years to an estimated $125 billion) is directly linked to rising tuition costs and the subsequent increase in borrowing. This has resulted in a 3,000% surge in Social Security beneficiaries facing garnishment, highlighting the systemic issue of unaffordable higher education and its long-term consequences. Many borrowers, like Christine Farro, have paid back the principal multiple times but still owe due to accumulated interest and fees.

cbsnews.com

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May 12, 16:10

DHS Subpoenas Los Angeles County Immigrant Aid Program

The Department of Homeland Security subpoenaed Los Angeles County for records related to its Cash Assistance Program for Immigrants (CAPI), aiming to identify and prosecute illegal immigrants receiving federal benefits, following President Trump's executive order targeting such abuse.

DHS Subpoenas Los Angeles County Immigrant Aid Program

The Department of Homeland Security subpoenaed Los Angeles County for records related to its Cash Assistance Program for Immigrants (CAPI), aiming to identify and prosecute illegal immigrants receiving federal benefits, following President Trump's executive order targeting such abuse.

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What are the underlying causes and potential consequences of the Trump administration's efforts to curb access to federal benefits for undocumented immigrants?

This legal action connects to President Trump's broader executive order targeting benefits for undocumented immigrants. The DHS aims to identify and prosecute instances where illegal immigrants receive federal benefits, using Los Angeles County's CAPI program as a test case. The subpoena seeks applicant names, dates of birth, immigration statuses, and proof of ineligibility for Social Security payments to uncover potential fraud.

forbes.com

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May 9, 01:17

Suozzi Revises Long-Term Care Insurance Proposal to Cut Costs

Rep. Tom Suozzi is revising his WISH Act, a proposal for a public long-term care insurance program, to reduce costs by switching to a reimbursement model and simplifying the benefit calculation, aiming to make the program more financially sustainable and acceptable to lawmakers.

Suozzi Revises Long-Term Care Insurance Proposal to Cut Costs

Rep. Tom Suozzi is revising his WISH Act, a proposal for a public long-term care insurance program, to reduce costs by switching to a reimbursement model and simplifying the benefit calculation, aiming to make the program more financially sustainable and acceptable to lawmakers.

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Good Health and Well-being

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What specific cost-cutting measures is Rep. Suozzi proposing for his WISH Act, and what are their potential consequences?

Rep. Tom Suozzi is revising his WISH Act proposal for a public long-term care insurance program to reduce costs. Key changes include shifting from a cash benefit to a reimbursement model and simplifying the benefit calculation by reducing the number of income-based elimination periods. This aims to lower administrative costs and make the program more financially sustainable.

cnnespanol.cnn.com

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May 3, 04:09

Trump Administration Appeals to Supreme Court for DOGE Access to Social Security Data

The Trump administration appealed to the Supreme Court to allow Elon Musk's DOGE access to sensitive Social Security data on millions of Americans, after a US appeals court blocked the access, citing concerns about data sensitivity and potential misuse, despite DOGE's claims that the data is needed ...

Trump Administration Appeals to Supreme Court for DOGE Access to Social Security Data

The Trump administration appealed to the Supreme Court to allow Elon Musk's DOGE access to sensitive Social Security data on millions of Americans, after a US appeals court blocked the access, citing concerns about data sensitivity and potential misuse, despite DOGE's claims that the data is needed ...

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Peace, Justice, and Strong Institutions

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How does this case reflect the broader conflict between government efficiency initiatives and data privacy concerns?

This case highlights a conflict between the executive branch's desire for data access to combat fraud and concerns about data privacy and security. The appeals court ruling underscores the sensitivity of Social Security data and the potential risks of unauthorized access. The Trump administration argues that restricting access hinders efforts to modernize government IT infrastructure and eliminate waste.

cnnespanol.cnn.com

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May 1, 19:17

Trump's Immigration Policies Threaten Social Security Finances

The Trump administration's immigration policies, which include deportations and discouraging new arrivals, could negatively impact Social Security's finances, despite immigrants paying substantial Social Security taxes and legal immigrants projected to add $348 billion in revenue between 2024 and 20...

Trump's Immigration Policies Threaten Social Security Finances

The Trump administration's immigration policies, which include deportations and discouraging new arrivals, could negatively impact Social Security's finances, despite immigrants paying substantial Social Security taxes and legal immigrants projected to add $348 billion in revenue between 2024 and 20...

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How will the Trump administration's immigration policies impact the financial stability of the Social Security system?

The Trump administration's immigration policies, including deportations and discouraging immigration, could harm Social Security's finances. This is because immigrants, including undocumented workers, contribute significantly to Social Security taxes, while often not receiving benefits. The policy could exacerbate the existing financial shortfall.

Showing 133 to 144 of 414 results