Government pensions and social security

President Donald Trump speaks from the South Lawn of the White House on the fourth day of the Republican National Convention, Thursday, Aug. 27, 2020, in Washington. (AP Photo/Evan Vucci)
August 28, 2020 - 10:05 pm
WASHINGTON (AP) — The Trump administration on Friday allowed employers to suspend collection of some Social Security taxes, although business groups don't like the idea and it may create political headaches for Republicans. Democrats are already saying it would undermine retirement benefits. The...
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President Donald Trump speaks at a news conference in the James Brady Press Briefing Room at the White House, Thursday, Aug. 13, 2020, in Washington. (AP Photo/Andrew Harnik)
August 13, 2020 - 7:47 pm
WASHINGTON (AP) — President Donald Trump’s push to cut Social Security payroll taxes for the rest of the year — and even arguing for a permanent cut — would do little to bolster the coronavirus-battered economy in the short term and could destabilize long-term funding for benefits that millions of...
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President Donald Trump talks with reporters before departing from Morristown Municipal Airport in Morristown, N.J., Sunday, Aug. 9, 2020. Trump was returning to Washington after spending the weekend at Trump National Golf Club. (AP Photo/Susan Walsh)
August 11, 2020 - 5:36 am
WASHINGTON (AP) — President Donald Trump’s move to defer Social Security payroll taxes could be taking him into treacherous political territory. His directive — aimed at boosting an economy shaken by the coronavirus pandemic — doesn’t affect retirement benefits but impacts how they're paid for...
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President Donald Trump talks with reporters before departing from Morristown Municipal Airport in Morristown, N.J., Sunday, Aug. 9, 2020. Trump was returning to Washington after spending the weekend at Trump National Golf Club. (AP Photo/Susan Walsh)
August 10, 2020 - 7:31 pm
WASHINGTON (AP) — President Donald Trump’s move to defer Social Security payroll taxes could be taking him into treacherous political territory. His directive — aimed at boosting an economy shaken by the coronavirus pandemic — doesn’t affect retirement benefits but impacts how they're paid for...
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President Donald Trump prepares to sign four executive orders during a news conference at the Trump National Golf Club in Bedminster, N.J., Saturday, Aug. 8, 2020. Seizing the power of his podium and his pen, Trump on Saturday moved to bypass the nation's elected lawmakers as he claimed the authority to defer payroll taxes and extend an expired unemployment benefit after negotiations with Congress on a new coronavirus rescue package collapsed.(AP Photo/Susan Walsh)
August 10, 2020 - 6:06 am
BRIDGEWATER, N.J. (AP) — President Donald Trump’s end run around Congress on coronavirus relief is raising questions about whether it would give Americans the economic lifeline he claims and appears certain to face legal challenges. Democrats called it a pre-election ploy that would burden cash-...
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President Donald Trump signs an executive order during a news conference at the Trump National Golf Club in Bedminster, N.J., Saturday, Aug. 8, 2020. (AP Photo/Susan Walsh)
August 09, 2020 - 7:28 pm
NEW YORK (AP) — President Donald Trump's new executive orders to help Americans struggling under the economic recession are far less sweeping than any pandemic relief bill Congress would pass. Trump acted Saturday after negotiations for a second pandemic relief bill reached an impasse. Democrats...
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Henry Montalvo, 30, is shown Wednesday, July 15, 2020, in Phoenix. Montalvo was furloughed in March and his federal unemployment benefit expires later this month. (AP Photo/Matt York)
July 17, 2020 - 1:51 pm
WASHINGTON (AP) — A major source of income for roughly 30 million unemployed people is set to end, threatening their ability to meet rent and pay bills and potentially undercutting the fragile economic recovery. In March, Congress approved an extra $600 in weekly unemployment benefits as part of...
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July 01, 2020 - 12:40 pm
SAN JUAN, Puerto Rico (AP) — Puerto Rico awoke to a new budget approved early Wednesday that largely suspends austerity measures and government cuts for one year as the U.S. territory struggles to recover from hurricanes, earthquakes and the pandemic. A federal control board that oversees Puerto...
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FILE - This May 31, 2020, file photo provided by the Hennepin County Sheriff shows former Minneapolis police officer Derek Chauvin, who was arrested Friday, May 29, in the May 25 death of George Floyd. Chauvin had more than a dozen misconduct complaints against him before he put his knee on George Floyd's neck. (Hennepin County Sheriff via AP, File)
June 13, 2020 - 2:27 pm
MINNEAPOLIS (AP) — Former Minneapolis police officer Derek Chauvin is eligible to receive pension benefits during his retirement years even if he's convicted of killing George Floyd, according to the Minnesota agency that represents retired public workers. Chauvin is charged with second-degree...
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May 18, 2020 - 10:35 am
HONOLULU (AP) — Hawaii’s largest public pension fund suffered its worst quarterly loss in more than 17 years because of the economic impact of the coronavirus. The state Employees’ Retirement System investments fell 9.5%, The Honolulu Star-Advertiser reported Sunday. The fund’s assets, which...
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