Tag #Social Security

npr.org
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Social Security Fairness Act Increases Benefits for 2.8 Million

President Biden signed the Social Security Fairness Act, increasing benefits for 2.8 million public employees by repealing provisions that reduced payments for those with other pensions, costing nearly $196 billion over ten years.

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44% Bias Score

No Poverty
abcnews.go.com
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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
t24.com.tr
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Erdoğan Accuses CHP of Financial Mismanagement and Criticizes Syria Policy

President Erdoğan accused CHP-run municipalities of having a significant debt to the SGK, with İzmir owing 10 billion lira, and criticized their foreign policy, particularly their stance on Syria, during a speech at the AKP Ordu provincial congress.

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68% Bias Score

Reduced Inequality
forbes.com
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Understanding Social Security's Complex Benefit Rules

Social Security benefits are determined by a complex set of rules impacting eligibility, payout amounts, and timing, including ex-spousal benefits, survivor benefits starting at age 60, and considerations for those with additional government pensions.

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36% Bias Score

Reduced Inequality
welt.de
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Germany Raises Long-Term Care Insurance Contributions, Benefits in 2025

On January 1, 2025, German long-term care insurance contributions will rise, but benefits will increase by 4.5 percent (1.8 billion euros more), affecting millions; families with multiple children receive contribution discounts, while the upcoming election will focus on major financing reforms.

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36% Bias Score

Good Health and Well-being
foxnews.com
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Congress Passes Social Security Fairness Act, Adding \$196 Billion to Deficit

Congress passed the Social Security Fairness Act, repealing the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) to increase benefits for 3 million retired public sector workers, adding \$196 billion to the federal deficit over 10 years.

Progress

40% Bias Score

Reduced Inequality
foxnews.com
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Biden Criticizes Trump, Signs Social Security Act, Visits New Orleans After Terror Attack

President Biden criticized Donald Trump for posing a "genuine threat to democracy," while signing the Social Security Fairness Act to expand benefits for 3 million public sector retirees and planning a visit to New Orleans after a terrorist attack that killed 14 people.

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40% Bias Score

Peace, Justice, and Strong Institutions
cnbc.com
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Social Security, Medicare Changes for 2025

In 2025, Social Security recipients will see a 2.5% cost of living increase, while some public pensioners will receive additional benefits due to the Social Security Fairness Act eliminating the Windfall Elimination Provision and Government Pension Offset. Medicare Part D will have a $2,000 annual o...

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40% Bias Score

No Poverty
t24.com.tr
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TÜİK Inflation Report Criticized for Underestimating Cost of Living, Impacting Turkish Retirees

TÜED head Kazım Ergün criticized TÜİK's 1.03% December 2024 inflation report, contrasting it with higher figures from İTO (1.74%), ENAG (2.34%), and Türk-İş (2.54%), arguing it leads to insufficient pension and salary increases, causing hardship for millions of retirees.

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64% Bias Score

No Poverty
elpais.com
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925,266 Unpaid Spanish Interns Contribute to Social Security in 2024

In 2024, 925,266 unpaid Spanish interns contributed to Social Security, gaining future pension rights as part of pension reforms; this policy, despite university concerns, proved largely successful.

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32% Bias Score

Decent Work and Economic Growth
kathimerini.gr
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Greece Lowers Social Security Contributions in 2025

Greece will reduce social security healthcare contributions by one percentage point starting January 2025, benefiting both employers and employees in the public and private sectors, resulting in slightly higher take-home pay and reduced costs for employers, with an estimated cost of €430 million.

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36% Bias Score

Decent Work and Economic Growth
elmundo.es
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Record High Pension Payout in Spain Reaches \u20ac12.97 Billion in December 2024

Spain's Social Security system paid a record \u20ac12.97 billion in contributory pensions in December 2024, a 7.04% increase from December 2023, driven by a 3.8% pension increase for 2024 and reflecting the increasing number of pensioners; 73.1% of this was for retirement pensions.

Progress

44% Bias Score

No Poverty