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The Latest Breaking News from Social Security

Biden taps Martin O’Malley for Social Security commissioner - Roll Call

Former Maryland Gov. Martin O’Malley would be the first Social Security commissioner nominated by a Democratic president since 2001.

Roll Call

Under Multiple Budget Scenarios, the Government's Numbers Still Don't Add Up

Balanced federal budgets aren’t even considered as a possibility.

Reason

Drawn from gig workers’ struggles, hewn in Rajasthan

The Rajasthan Platform Based Gig Workers (Registration and Welfare) Act 2023 is the first such law in India, and perhaps the first gig worker-specific social security law in the world

The Hindu

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Nearly 200 School Districts Are Suing Social Media Platforms

Plus: court strikes down Arizona law against filming cops, GOP candidates want to cut Social Security for young people, and more...

Reason

Four Ways to Navigate the Bumps of Today’s Volatile Market

Adjusting investment strategies is a smart move, and so is making those financial decisions based on long-term optics rather than short-term fears.

Kiplinger

Spending Differences in Boomers vs. Millennials

Data show differences between how generations spend, including what challenges they face.

Kiplinger

Is Your Financial Plan Ready if U.S. Raises Retirement Age?

Being ‘ready’ involves more than just waiting as long as possible to start collecting your Social Security benefits.

Kiplinger

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Panneerselvam, Dhinakaran criticise State govt. over hike in pension of social security schemes

AIADMK's Panneerselvam & AMMK's Dhinakaran criticize DMK govt for only increasing SSP by ₹200 instead of ₹500 as promised. Panneerselvam suggests ₹2,000 pension, Dhinakaran demands ₹2,000. AIADMK's Jayakumar condemns Manipur incident & urges Centre to resolve core dispute.

The Hindu

Beneficiaries of pension schemes to get ₹1,200, announces Finance Minister Thangam Thennarasu

Beneficiaries of social security pension schemes implemented by various departments of the Tamil Nadu government will get ₹1,200 instead of ₹1,000 per month, said Finance Minister Thangam Thennarasu.

The Hindu

Rajasthan Assembly passes Bills on minimum income, higher punishment for paper leaks

Rajasthan becomes 1st & only State to guarantee social security. Assembly passes Minimum Guaranteed Income Bill & Amendment Bill for life imprisonment for leaking question papers. Bill provides 125 days of employment & min pension of ₹1,000/month to elderly, specially abled & widows.

The Hindu

FBI wrongly searched for US senator and state senator in Section 702 spy data, court says

A newly released court opinion says FBI employees wrongly searched foreign surveillance data for the last names of a U.S. senator and a state senator

The Independent UK

3% Social Security COLA Predicted for 2024

In 2023, Social Security benefits got an 8.7% COLA, the largest cost-of-living adjustment since 1981. However, a 3% COLA is predicted for 2024.

Kiplinger

How Does Your Magic Number for Retirement Compare to Others’?

Americans this year expect to need more to retire comfortably than they thought they’d need last year. Here are four questions to get you thinking about what you’ll need.

Kiplinger

Over two years into its constitution, Social Security Board in need of boost

TSSB, constituted in Mar '21, has met thrice in 2.5 yrs, prompting members to express concerns. It comprises 28 members & is tasked with making policy recommendations to benefit unorganised workers. Data suggests 1 cr unorganised workers in Telangana, incl. 1 lakh motor transport & 11 lakh auto drivers. Gig…

The Hindu

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The Hindu

Telangana Gig workers demand better working conditions

In Hyderabad, a coalition of orgs. working for unorganised sector workers demanded a social security board, implementation of Street Vendors Act 2014 and creation of street vending zones. TGPWU called for a tripartite social security board, job security and physical safety. NASVI highlighted the need for resurvey of street vendors…

Kiplinger

Retirement Is a Journey: Do You Have the Map?

You most likely wouldn’t hit the road for vacation without having a plan, and retirement is a lot like vacation, so … here’s where to start.

Tribune News Service

How Marc Molinaro went from teenage mayor to key vote in Congress

WASHINGTON -- Like a lot of other members of Congress, Rep. Marc Molinaro got his start running for a local office. But unlike most, he had to get his mother’s permission first.

WEKU

The federal deficit nearly tripled, raising concern about the country's finances

The federal government's budget gap widened significantly in the first nine months of the fiscal year, as tax receipts slumped and spending increased.

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news in one place.

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Roll Call

How Marc Molinaro went from teenage mayor to key vote in Congress

The freshman Republican won a tight race in New York, which means he has some juice in the House GOP — and a tough reelection coming up.

Roll Call

Graves-led push on Social Security benefits gains traction - Roll Call

Nearly two-thirds of the House has signed onto a bill that would boost Social Security for public-sector workers with government pensions.

Kiplinger

Pennsylvania Property Tax Rebate Could Give You $1,500: Don't Miss the Deadline

Property tax relief payments are rolling out to eligible Pennsylvania homeowners and renters. Do you know how to check your rebate status?

The Guardian - AU

Aboriginal man loses bid to access pension early due to shorter life expectancy

Federal court rules Wakka Wakka man did not demonstrate any lesser enjoyment of right to social security

Fortune

Medicare vs. Medicaid: What is the difference between these two health programs?

What to know to access the right one for your own, or a loved one’s needs.

The Hindu

‘Single-engine’ government is working efficiently in Rajasthan, says CM Ashok Gehlot

Laying emphasis on the social security model adopted by the Congress regime, Rajasthan CM Ashok Gehlot on July 11 said the “single-engine” government in the State was working more efficiently than the BJP’s “double-engine” governments elsewhere, which had failed to work for people’s welfare.

Bangkok Post

Social Security Fund dips by B17.6bn

In 2022, the Social Security Fund (SSF) declined by more than 17.6 billion baht, the first drop in five years, as a result of decreased market capitalisation (mark to market) and reduced contributions to alleviate the financial burden of subscribers during the pandemic, says a Finance Ministry source who requested…

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