Tag #Social Security

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forbes.com

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Jun 1, 16:13

Social Security Faces Funding Crisis, 21% Benefit Cut Looms

Social Security, the retirement income foundation for nearly 90% of Americans over 65, faces a funding crisis due to reduced revenue from wage stagnation and the rise of gig work; without Congressional action, a 21% benefit cut is projected by 2033.

Social Security Faces Funding Crisis, 21% Benefit Cut Looms

Social Security, the retirement income foundation for nearly 90% of Americans over 65, faces a funding crisis due to reduced revenue from wage stagnation and the rise of gig work; without Congressional action, a 21% benefit cut is projected by 2033.

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What is the current state of Social Security's financial health and its impact on American seniors?

Social Security provides retirement income for almost 90% of Americans over 65, with over 40% relying on it for more than half their income. The median monthly benefit is about $1,976, insufficient for basic expenses in many areas, particularly impacting older women. This exposes the vulnerability of many seniors.

dw.com

🌐 75% Global Worthiness

May 30, 19:14

Denmark Raises Retirement Age to 70

The Danish Parliament passed a law raising the retirement age to 70 for those born after December 31, 1970, in a phased approach reaching 68 by 2030 and 69 by 2035, reflecting broader European concerns about aging populations and pension sustainability.

Denmark Raises Retirement Age to 70

The Danish Parliament passed a law raising the retirement age to 70 for those born after December 31, 1970, in a phased approach reaching 68 by 2030 and 69 by 2035, reflecting broader European concerns about aging populations and pension sustainability.

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Decent Work and Economic Growth

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What are the immediate consequences of Denmark's decision to raise the retirement age?

The Danish Parliament raised the retirement age to 70 for those born after December 31, 1970, increasing it gradually to 68 by 2030 and 69 by 2035. This decision passed with 81 votes in favor and 21 against, impacting all Danish citizens born after the specified date. The current retirement age is 67.

dw.com

🌐 75% Global Worthiness

May 29, 16:12

Denmark Raises Retirement Age to 70, Germany Considers Similar Reforms

Denmark raised its retirement age to 70, effective for those born after 1970, passing 81-21 in parliament to address pension system sustainability; Germany considers similar reforms due to its aging population and underfunded pension system.

Denmark Raises Retirement Age to 70, Germany Considers Similar Reforms

Denmark raised its retirement age to 70, effective for those born after 1970, passing 81-21 in parliament to address pension system sustainability; Germany considers similar reforms due to its aging population and underfunded pension system.

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Reduced Inequality

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How will Denmark's increase in the retirement age impact the long-term financial stability of its pension system and what are the immediate consequences of this decision?

On May 22nd, the Danish parliament raised the retirement age to 70 for those born after December 31st, 1970, passing with 81 votes in favor and 21 against. The current retirement age is 67, increasing to 68 in 2030 and 69 in 2035. Prime Minister Mette Frederiksen has indicated a willingness to review the system once the new age is implemented.",

lexpress.fr

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May 27, 10:14

France Announces Multi-Year Plan to Restore Public Finances

French Prime Minister Élisabeth Borne announced a multi-year plan in July to tackle France's public debt, demanding shared effort from all citizens, with potential social VAT discussions and a possible referendum.

France Announces Multi-Year Plan to Restore Public Finances

French Prime Minister Élisabeth Borne announced a multi-year plan in July to tackle France's public debt, demanding shared effort from all citizens, with potential social VAT discussions and a possible referendum.

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Reduced Inequality

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What specific actions will the French government take to address its growing public debt and low productivity?

French Prime Minister Élisabeth Borne announced a multi-year plan to restore public finances, requiring efforts from all French citizens. The plan, to be presented in July, aims to balance public finances within three to four years. No specific measures were detailed, but the Prime Minister emphasized that the effort would be shared across all social groups.

elmundo.es

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May 27, 10:14

Spain's Social Security Defines Criteria for Absolute Permanent Disability

Spain's Social Security assesses absolute permanent disability based on individual evaluations of functional capacity, not a fixed list of illnesses, considering lasting effects and potential for improvement; eligibility leads to benefits.

Spain's Social Security Defines Criteria for Absolute Permanent Disability

Spain's Social Security assesses absolute permanent disability based on individual evaluations of functional capacity, not a fixed list of illnesses, considering lasting effects and potential for improvement; eligibility leads to benefits.

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What technological or procedural advancements might improve the accuracy and fairness of absolute permanent disability assessments in the future?

Future trends might involve refining assessment criteria to better balance individual needs with resource allocation. Technological advancements could offer new ways to evaluate functional capacity and predict long-term outcomes, impacting disability determination processes.

nrc.nl

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May 24, 13:09

Dutch Parliament Rejects Amendment for Public Input on New Pension System

Dutch MP Agnes Joseph's amendment to allow public input in the new pension system was narrowly defeated in parliament (73-72) on May 24th, 2025, despite concerns about the system's risks and the need for public participation voiced by Joseph and others.

Dutch Parliament Rejects Amendment for Public Input on New Pension System

Dutch MP Agnes Joseph's amendment to allow public input in the new pension system was narrowly defeated in parliament (73-72) on May 24th, 2025, despite concerns about the system's risks and the need for public participation voiced by Joseph and others.

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What were the main arguments for and against Agnes Joseph's proposed amendment, and who were the key players involved in the debate?

Joseph's amendment aimed to allow citizens a direct say in the transition to the new pension system through referendums, reflecting her belief that such a major societal change requires public input. This stance drew criticism from pension funds, regulators, and the Council of State who deemed her plans insufficiently thought-out, leading to significant political debate. The amendment's failure underscores the challenges of balancing political will with public participation in complex policy changes.

kathimerini.gr

🌐 75% Global Worthiness

May 31, 16:09

Greece Employs Private Collectors for €49.73 Billion Social Security Debt

As of Q1 2025, €49.73 billion in social security debt is owed to EFKA in Greece, with only €4.9 billion regulated, prompting the involvement of private debt collectors to address the issue.

Greece Employs Private Collectors for €49.73 Billion Social Security Debt

As of Q1 2025, €49.73 billion in social security debt is owed to EFKA in Greece, with only €4.9 billion regulated, prompting the involvement of private debt collectors to address the issue.

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What is the immediate impact of the €49.73 billion debt owed to the EFKA, and what are the key challenges in debt collection?

Only 1 out of 10 euros of debt owed to EFKA (Social Security Institution) is regulated, while another 2 euros are considered almost impossible to collect. Total debt at the Debt Collection Center for Social Security Contributions in Q1 2025 reached €49.73 billion, a €400 million increase from the end of 2024.

cbsnews.com

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May 29, 04:11

SSA to Use AI to Improve Customer Service Amidst Budget Concerns

SSA Commissioner Frank Bisignano announced plans to use AI to improve customer service, addressing long wait times and concerns about recent changes impacting 69 million beneficiaries; the agency faces a projected 2033 trust fund depletion.

SSA to Use AI to Improve Customer Service Amidst Budget Concerns

SSA Commissioner Frank Bisignano announced plans to use AI to improve customer service, addressing long wait times and concerns about recent changes impacting 69 million beneficiaries; the agency faces a projected 2033 trust fund depletion.

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How will the SSA's AI-driven customer service improvements impact wait times and beneficiary satisfaction, given the agency's recent workforce reduction?

The Social Security Administration (SSA) aims to improve its customer service using AI, addressing long wait times (68 minutes in April, down from 112 in January) for its 390,000 daily calls. This initiative, planned for completion this year, involves integrating AI into the phone system and expanding online services to meet beneficiaries where they prefer.

lefigaro.fr

🌐 75% Global Worthiness

May 28, 04:10

French Health Insurance Faces €22.1 Billion Deficit Amidst Unrecovered Medical Payments

France's national health insurance faces a €22.1 billion deficit in 2025, largely due to €1.5 billion in unrecovered medical co-pays and deductibles stemming from a 2020 suspension and subsequent limitations on recovery efforts, according to a Court of Auditors report.

French Health Insurance Faces €22.1 Billion Deficit Amidst Unrecovered Medical Payments

France's national health insurance faces a €22.1 billion deficit in 2025, largely due to €1.5 billion in unrecovered medical co-pays and deductibles stemming from a 2020 suspension and subsequent limitations on recovery efforts, according to a Court of Auditors report.

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Good Health and Well-being

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What are the immediate financial implications of the Assurance Maladie's failure to recover unpaid medical co-pays and deductibles?

The French national health insurance (Assurance Maladie) faces a significant deficit, projected to reach €22.1 billion in 2025, representing 90% of the overall social security deficit. The Court of Auditors recommends recovering unpaid medical co-pays and deductibles, totaling €1.5 billion by the end of 2024, to alleviate this.

nrc.nl

🌐 75% Global Worthiness

May 27, 04:10

Dutch Schools Lack Staff Conduct Focus, Jeopardizing Social Safety

A Dutch school inspection revealed insufficient attention to staff conduct, jeopardizing social safety in 21 schools; over-reliance on procedures hinders proactive discussions, impacting responses to unsafe situations, including sexual abuse, highlighting the need for inclusive dialogue involving al...

Dutch Schools Lack Staff Conduct Focus, Jeopardizing Social Safety

A Dutch school inspection revealed insufficient attention to staff conduct, jeopardizing social safety in 21 schools; over-reliance on procedures hinders proactive discussions, impacting responses to unsafe situations, including sexual abuse, highlighting the need for inclusive dialogue involving al...

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Quality Education

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What long-term effects could the current insufficient attention to staff behavior have on the overall social climate and learning environment within Dutch schools?

The findings underscore the need for inclusive, ongoing dialogue on social safety, involving staff, students, and parents to adapt to evolving societal norms. The lack of staff training and engagement on these policies may lead to further incidents and an increased risk of underreporting due to lack of awareness and clear protocols. This could negatively affect the school environment and student well-being.

lexpress.fr

🌐 85% Global Worthiness

May 24, 16:10

Denmark Raises Retirement Age to 70, Reflecting European Trend

Denmark's parliament passed a law raising the retirement age to 70 in 2040, the highest in Europe, following a 2006 indexation to life expectancy, with 81 MPs voting in favor and 21 against; this reflects a broader European trend of adjusting retirement ages based on demographics, although not witho...

Denmark Raises Retirement Age to 70, Reflecting European Trend

Denmark's parliament passed a law raising the retirement age to 70 in 2040, the highest in Europe, following a 2006 indexation to life expectancy, with 81 MPs voting in favor and 21 against; this reflects a broader European trend of adjusting retirement ages based on demographics, although not witho...

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Reduced Inequality

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What are the immediate impacts of Denmark's new retirement age law, and how does it compare to other European nations?

Denmark raised its retirement age to 70 starting in 2040, up from 67, with 81 MPs voting in favor and 21 against. This follows a 2006 indexation to life expectancy, with increases to 68 in 2030 and 69 in 2035. The new law affects those born after December 31, 1970.

nos.nl

🌐 75% Global Worthiness

May 24, 07:10

Denmark Raises Retirement Age to 70 by 2040

Denmark's parliament approved a law raising the retirement age to 70 by 2040, the highest in Europe, due to increasing life expectancy; the current retirement age is 67, and the increase is subject to parliamentary review.

Denmark Raises Retirement Age to 70 by 2040

Denmark's parliament approved a law raising the retirement age to 70 by 2040, the highest in Europe, due to increasing life expectancy; the current retirement age is 67, and the increase is subject to parliamentary review.

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No Poverty

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What are the immediate consequences of Denmark's decision to raise its retirement age to 70 by 2040?

Denmark's parliament approved a law raising the retirement age to 68 in 2030 and 69 in 2035, culminating in 70 by 2040, the highest in Europe. Currently, Danes receive pensions at 67. This increase is linked to rising life expectancy, with parliamentary oversight.

Showing 37 to 48 of 337 results