Tag #Social Security

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sueddeutsche.de

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Aug 21, 04:17

German Sick Pay: Rules, Eligibility, and Limitations

In Germany, employees receive sick pay from their health insurance after six weeks of employer-paid sick leave, covering 70 percent of their gross salary up to a daily maximum of €128.63 (2025), with specific eligibility criteria and a maximum duration of 78 weeks within three years.

German Sick Pay: Rules, Eligibility, and Limitations

In Germany, employees receive sick pay from their health insurance after six weeks of employer-paid sick leave, covering 70 percent of their gross salary up to a daily maximum of €128.63 (2025), with specific eligibility criteria and a maximum duration of 78 weeks within three years.

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Who is eligible for German sick pay, and what are the specific requirements for claiming this benefit?

Sick pay in Germany acts as wage replacement for those unable to work due to illness after the employer's six-week payment period. Eligibility depends on employment status; the self-employed need separate insurance. The system aims to provide financial security during extended illness but has limitations on duration and eligibility criteria.

zeit.de

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Aug 16, 10:16

Thuringia Proposes Long-Term Care Insurance Overhaul

Thuringia's Social Minister proposes a German long-term care insurance system overhaul, capping personal contributions at a fixed amount to alleviate financial strains on low-income seniors and municipalities, mirroring car insurance principles.

Thuringia Proposes Long-Term Care Insurance Overhaul

Thuringia's Social Minister proposes a German long-term care insurance system overhaul, capping personal contributions at a fixed amount to alleviate financial strains on low-income seniors and municipalities, mirroring car insurance principles.

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What are the broader implications of this proposal on the German long-term care system and its financial sustainability?

The rising cost of long-term care in Germany, particularly the increasing personal shares for those in need, is prompting calls for reform. In Thuringia, average personal contributions in nursing homes have reached €2,900, impacting low-income pensioners. This increase necessitates greater social welfare spending, placing a strain on municipal budgets. The proposed system change aims to improve financial planning for individuals and reduce the burden on municipalities.

lexpress.fr

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Aug 16, 19:16

France's Social Security Deficit: Insufficient Work Fuels Reform Debate

France's social security system faces a significant deficit due to insufficient work, despite relatively high average working hours. Proposed solutions include eliminating two public holidays, restricting unemployment access, and encouraging older workers' participation.

France's Social Security Deficit: Insufficient Work Fuels Reform Debate

France's social security system faces a significant deficit due to insufficient work, despite relatively high average working hours. Proposed solutions include eliminating two public holidays, restricting unemployment access, and encouraging older workers' participation.

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What are the primary causes of the structural deficit in France's social security system, and what are the most immediate consequences?

France faces a structural deficit in its social security system, impacting unemployment insurance, pensions, and healthcare. This is primarily due to insufficient work, despite French workers averaging over 36 hours per week. Proposed solutions include eliminating two public holidays and tightening unemployment access.

cbsnews.com

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Aug 11, 22:16

Retirement Income Strategies: Social Security, Annuities, and Reverse Mortgages

Many seniors are reevaluating their retirement plans due to longer lifespans, rising costs, and market volatility; Social Security often needs supplementation; annuities offer guaranteed income, but have high fees; reverse mortgages tap home equity but require eventual repayment.

Retirement Income Strategies: Social Security, Annuities, and Reverse Mortgages

Many seniors are reevaluating their retirement plans due to longer lifespans, rising costs, and market volatility; Social Security often needs supplementation; annuities offer guaranteed income, but have high fees; reverse mortgages tap home equity but require eventual repayment.

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How do the relative risks and returns of annuities and reverse mortgages compare, and what factors influence the suitability of each for different retirees?

Social Security provides a predictable base income, while annuities act as a safety net against outliving savings or market downturns. Reverse mortgages offer supplemental cash for those with substantial home equity, though they reduce inheritance. The optimal strategy depends on individual needs, risk tolerance, and assets.

welt.de

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Aug 10, 16:16

Germany's Social Security Faces Cuts Amidst Financial Strain

German economist Veronika Grimm proposes cutting social security benefits due to financial strain, sparking criticism from the SPD and Greens who argue for alternative solutions; a recent pension reform offers short-term stability but long-term financing remains uncertain.

Germany's Social Security Faces Cuts Amidst Financial Strain

German economist Veronika Grimm proposes cutting social security benefits due to financial strain, sparking criticism from the SPD and Greens who argue for alternative solutions; a recent pension reform offers short-term stability but long-term financing remains uncertain.

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How do the proposed cuts to social security benefits relate to broader debates on fiscal responsibility and social welfare in Germany?

Grimm's proposed cuts highlight tensions between financial sustainability and social welfare commitments in Germany's social security system. The current 42% payroll tax burden, projected to rise to 45% by the end of the legislative period, underscores the fiscal pressure. Her recommendations align with a neoliberal approach, prioritizing fiscal responsibility over expansive social benefits.

npr.org

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Aug 5, 22:15

SSA's New Phone System Causes Delays, Frustration

The Social Security Administration's new phone system, intended to reduce wait times, is rerouting calls to offices lacking jurisdiction, causing delays and frustration for both callers and employees, according to disability advocates and agency staff.

SSA's New Phone System Causes Delays, Frustration

The Social Security Administration's new phone system, intended to reduce wait times, is rerouting calls to offices lacking jurisdiction, causing delays and frustration for both callers and employees, according to disability advocates and agency staff.

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What are the consequences of the SSA's new phone system for both agency employees and beneficiaries, and how do these consequences compare to the intended goals?

The new system connects callers to available staff, aiming to reduce wait times. However, it results in transferring calls to offices outside the caller's jurisdiction, leading to longer resolution times and increased workload for employees who must refer cases to the correct office. This inefficiency contradicts the stated goal of enhanced customer service.

forbes.com

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Aug 21, 13:22

Social Security Tax Deduction Introduced in "Big Beautiful Bill", but Long-Term Funding Challenges Remain

The "Big Beautiful Bill" introduces a temporary Social Security tax deduction for seniors aged 65+ with incomes below specific thresholds, starting in 2025 and expiring in 2028; this deduction, while providing short-term tax relief, does not address Social Security's long-term funding challenges.

Social Security Tax Deduction Introduced in "Big Beautiful Bill", but Long-Term Funding Challenges Remain

The "Big Beautiful Bill" introduces a temporary Social Security tax deduction for seniors aged 65+ with incomes below specific thresholds, starting in 2025 and expiring in 2028; this deduction, while providing short-term tax relief, does not address Social Security's long-term funding challenges.

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What are the long-term implications of this temporary deduction for Social Security's financial stability and future policy debates?

The temporary nature of this deduction necessitates strategic financial planning by retirees. Maximizing the deduction before its 2028 expiration requires consideration of income sources and timing. The ongoing debate surrounding Social Security's long-term sustainability is further highlighted by this temporary measure, emphasizing the need for comprehensive solutions beyond short-term fixes.

sueddeutsche.de

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Aug 16, 10:15

Thuringia Proposes Long-Term Care Insurance Reform to Cap Personal Contributions

Thuringia's Social Minister Katharina Schenk proposes a long-term care insurance reform to cap personal contributions at a fixed amount, shifting additional costs to the insurance system to alleviate the financial burden on individuals and municipalities, impacting at least 193,000 people needing ca...

Thuringia Proposes Long-Term Care Insurance Reform to Cap Personal Contributions

Thuringia's Social Minister Katharina Schenk proposes a long-term care insurance reform to cap personal contributions at a fixed amount, shifting additional costs to the insurance system to alleviate the financial burden on individuals and municipalities, impacting at least 193,000 people needing ca...

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What are the immediate implications of the proposed change to Thuringia's long-term care insurance system for individuals and municipalities?

Thuringia's Social Minister Katharina Schenk advocates for a fundamental change in long-term care insurance due to drastically increased personal contributions. She proposes a system where only a fixed personal contribution is required, with the remaining costs covered by the insurance. This would create predictability for those in need of care and reduce the financial burden on municipalities whose social welfare budgets are strained by rising care costs.

aljazeera.com

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Aug 15, 01:21

Trump Defends Social Security Amidst Accusations of Undermining the Program

On Social Security's 90th anniversary, President Trump signed a proclamation defending the program while facing criticism for policies that critics say weaken it; the Social Security Administration's trust funds are projected to be depleted by 2033.

Trump Defends Social Security Amidst Accusations of Undermining the Program

On Social Security's 90th anniversary, President Trump signed a proclamation defending the program while facing criticism for policies that critics say weaken it; the Social Security Administration's trust funds are projected to be depleted by 2033.

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What are the immediate consequences of the projected depletion of Social Security's trust funds in 2033?

President Trump marked Social Security's 90th anniversary by defending his administration's policies and criticizing Democrats. He signed a proclamation recommitting to defending the program, while simultaneously facing accusations of undermining it through workforce reductions and budget cuts. The Social Security Administration's trust funds are projected to be depleted by 2033 without corrective measures.",",A2="Trump's actions present a paradox: publicly defending Social Security while simultaneously implementing policies that critics argue weaken it. His claim of millions of deceased individuals receiving benefits lacks verifiable evidence, despite using data on incomplete entries in the SSA's COBOL system. The One Big Beautiful Bill Act, while offering tax deductions, is projected to accelerate Social Security's insolvency.",",A3="The long-term solvency of Social Security remains precarious. Trump's attacks on the program's integrity, coupled with policies that reduce its workforce and potentially accelerate its financial depletion, threaten its future viability. The projected 24 percent benefit cut in 2032 underscores the urgent need for comprehensive reform, regardless of political rhetoric.",",Q1="What are the immediate consequences of the projected depletion of Social Security's trust funds in 2033?",",Q2="How do President Trump's actions regarding Social Security align with his public statements about defending the program?",",Q3="What are the long-term systemic implications of the proposed changes to Social Security's workforce and budget, considering the program's current financial challenges?",",ShortDescription="On Social Security's 90th anniversary, President Trump signed a proclamation defending the program while facing criticism for policies that critics say weaken it; the Social Security Administration's trust funds are projected to be depleted by 2033.",",ShortTitle="Trump Defends Social Security Amidst Accusations of Undermining the Program",

forbes.com

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Aug 10, 19:19

Inflation to Reduce 2026 Social Security COLA

The upcoming release of July's inflation data on August 12th is expected to negatively affect the 2026 Social Security cost-of-living adjustment (COLA), reducing the buying power of benefits for over 66 million Americans due to the current calculation method's lag in reflecting real-time inflation.

Inflation to Reduce 2026 Social Security COLA

The upcoming release of July's inflation data on August 12th is expected to negatively affect the 2026 Social Security cost-of-living adjustment (COLA), reducing the buying power of benefits for over 66 million Americans due to the current calculation method's lag in reflecting real-time inflation.

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Why is there controversy regarding the index used to calculate the Social Security COLA, and what alternatives have been considered?

The Social Security COLA is calculated using the CPI-W, which may not accurately reflect the spending patterns of seniors. While an experimental index (CPI-E) considered healthcare and housing costs more heavily, it didn't consistently show higher inflation for seniors than the general population, thus failing to justify its adoption for COLA calculations. The current system's lag in adjusting for inflation also diminishes the real value of benefits.

cincodias.elpais.com

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Aug 7, 01:15

Spanish Self-Employed Report: 84% Billing Increase, but Concerns Remain

An UPTA report based on a survey of over 2,000 self-employed workers in Spain shows that 84% maintained or increased billing in the first half of 2025, with 40,000 new social security contributors, while concerns persist about taxation and social protection; the government plans post-summer negotiat...

Spanish Self-Employed Report: 84% Billing Increase, but Concerns Remain

An UPTA report based on a survey of over 2,000 self-employed workers in Spain shows that 84% maintained or increased billing in the first half of 2025, with 40,000 new social security contributors, while concerns persist about taxation and social protection; the government plans post-summer negotiat...

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What is the overall economic situation of self-employed workers in Spain during the first half of 2025, and what are the immediate implications?

A new report by UPTA reveals that 84% of self-employed workers in Spain maintained or increased their billing in the first half of 2025 compared to the same period in 2024. Specifically, 64% reported increased sales, particularly in hospitality, personal services, and repairs. An additional 20% maintained their billing at previous levels.

pt.euronews.com

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Aug 2, 13:16

European Pension Income Disparities Highlight Social Security System Variations

In 28 of 29 OECD-analyzed European countries in 2022, older people's average disposable income lagged behind the overall population; income sources vary widely, with public pensions dominating in some, while work and private pensions are more significant in others.

European Pension Income Disparities Highlight Social Security System Variations

In 28 of 29 OECD-analyzed European countries in 2022, older people's average disposable income lagged behind the overall population; income sources vary widely, with public pensions dominating in some, while work and private pensions are more significant in others.

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What are the primary income sources for older people in Europe, and how do these sources vary across different countries?

In 2022, the average disposable income of older people was lower than the total population in 28 European countries, according to the OECD. Luxembourg was the only exception among the 29 countries analyzed. This income disparity highlights financial difficulties faced by pensioners, leading many over 65 to continue working.

Showing 37 to 48 of 421 results