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The Latest Breaking News from Social Security

Carer’s Allowance to start being replaced by new payment at end of 2023

A full rollout of the new benefit is expected to begin in Spring 2024.

Daily Record

New disability benefit may be paid to some people at a daily rate instead of every four weeks

The daily rate of Adult Disability Payment is the equivalent to one-seventh of the weekly rate.

Daily Record

Workers still plead for rights

Education, labour and employment-related problems remained challenging this year for all stakeholders to tackle.

Bangkok Post

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Face-to-face support for benefit applications available in every local council area across Scotland

Telephone and video call appointments to help with benefit claims are also available.

Daily Record

Financial Planning 2023: 10 Key Resolutions

It's financial planning 2023 time. As you prepare your personal finance resolutions, beware of high inflation and the risk of a recession.

Investors Business Daily

Changes to Scottish benefit payments due to be made in first week of new year

Payments due up until Friday, January 6 may be affected by bank holidays next week.

Daily Record

Dental coverage gripes 'lack bite': SSO

Social Security Office (SSO) on Sunday said about 2 million subscribers are satisfied with the current cost of coverage despite the rate having been criticised recently.

Bangkok Post

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People on PIP moving to new disability payment this year may see other benefits stop

If you do not report the change to DWP, HMRC or local council, other payments may automatically end.

Daily Record

Japan unveils record budget in boost to military spending

Japan unveiled on Friday a record 114.4 trillion yen ($863 billion) budget for the next fiscal year from April, pushed up by increased military spending and higher social security costs of catering to a fast-ageing population, piling on more debt.

Reuters

UK Government urged to boost social security Christmas bonus payment

THE UK Government is being urged to increase its £10 Christmas bonus in line with the rate of inflation to bolster support for households over…

The National (Scotland)

Japan to unveil record $864 billion budget driven by military costs

Japan is set to unveil on Friday a record $864 billion budget for the next fiscal year from April, pushed up by increased military spending and higher social security costs for a fast-ageing population, according to a final draft reviewed by Reuters.

Reuters

Congress Can Reduce the Deficit by $7.7 Trillion in 10 Years

The Congressional Budget Office projects that future deficits will explode. But there's a way out.

Reason

Hirers must register temp workers: SSO

The Social Security Office (SSO) is warning employers hiring migrant workers on a temporary work contract to abide by a new regulation requiring them to register their employees for social security coverage, which would entitle them to proper healthcare and compensation in the event of work-related injuries.

Bangkok Post

Labor to allow 19,000 refugees to stay permanently in Australia from early 2023

Decision grants people on temporary protection visas rights to social security and reunion with family members

The Guardian - AU

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Fortune

Baby boomers have an average of $162,000 in their retirement savings

For boomers who are looking to supercharge their retirement savings, experts suggest saving more in tax-advantaged accounts and delaying cashing in on their social security benefits.

Daily Record

Scottish disability benefits and child payments to be made early over Christmas and New Year week

Social Security Scotland payments due between December 24 and January 6 may change for some people.

Tribune News Service

Top tax writers diverge on lame-duck Social Security fix

WASHINGTON — Key lawmakers aiming to fix a Social Security provision that cuts benefits for public workers who also get government pensions remain at odds on how to treat people who benefit more under the current formula.

The Independent UK

Working at 76: Inflation forces hard choice for older adults

Higher prices throughout much of 2022 have taken their financial toll on older adults in particular

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Edinburgh Live

Winter Heating Payment in Scotland and who is eligible for £50 cash boost

The Winter Heating Payment has replaced the Cold Weather Payment from the Department for Work and Pensions (DWP) in Scotland, and has the same eligibility requirements.

Roll Call

Top tax writers diverge on lame-duck Social Security fix - Roll Call

Key lawmakers remain at odds over a Social Security fix that cuts benefits for public workers who also get government pensions.

Tribune News Service

US Treasury warns Social-Security cuts would ‘decimate’ retirees

A senior U.S. Treasury official warned Tuesday that cuts to Social Security and Medicare would “decimate” the standard of living for American retirees.

Tribune News Service

House Democrats reject committee term-limit proposal

WASHINGTON — House Democrats on Tuesday rejected an effort to limit how long their committee leaders can serve without a waiver from the entire caucus.

Salon

GOP's big plan: Hold America hostage

GOP readies another round of legislative terrorism in search of spending cuts. Biden needs to fight back hard

Tribune News Service

A standoff is coming in 2023 — and it’s over the national debt

WASHINGTON — President Joe Biden is headed toward a standoff over the national debt next year, when Republicans newly in control of the U.S. House threaten to demand concessions for raising the government’s legal borrowing limit.

Daily Record

'Warm banks' are an outrage - a failure of the welfare state and the Tory government

The existence of warm banks is also a damning indictment of the UK’s 21st century welfare state. A social security system should have compassion at its core, with the needs of children and families central.

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