Latest Government pensions and social security News

Spain's govt ups social and defense spending in 2023 budget

Oct. 04, 2022 12:03 PM EDT

MADRID (AP) — Spain’s left-wing coalition government on Tuesday unveiled budget plans for 2023 that include increased social and defense spending and raises for civil servants and pensioners. The government said 6 out of every 10 euros in the proposed budget would go toward...

UK central bank intervenes in market to halt economic crisis

Sep. 28, 2022 13:28 PM EDT

LONDON (AP) — The Bank of England took emergency action Wednesday to stabilize U.K. financial markets and head off a crisis in the broader economy after the government spooked investors with a program of unfunded tax cuts, sending the pound tumbling and the cost of government debt soaring. ...

FAFSA season starts: What you need to know for financial aid

Sep. 27, 2022 11:23 AM EDT

NEW YORK (AP) — The Free Application for Federal Student Aid filing season starts Oct. 1 for the 2023-2024 school year. If you plan to attend college next year, experts say you might want to fill out the FAFSA application as close to the opening date as possible. Many institutions...

Swiss mull animal welfare, women's pensions in weekend votes

Sep. 24, 2022 08:43 AM EDT

GENEVA (AP) — Switzerland is considering whether to improve the living conditions of its livestock and whether women should work a year longer before becoming eligible for full benefits under the state pension scheme. Swiss voters cast ballots on Sunday in one of their country's...

Town's ex-finance director pleads guilty to embezzling $500K

Sep. 22, 2022 17:08 PM EDT

SPRING LAKE, N.C. (AP) — The former finance director of a North Carolina town pleaded guilty Wednesday to embezzling more than $500,000 from the town, federal prosecutors announced. The office of U.S. Attorney Michael Easley announced that Gay Cameron Tucker, 64, of Fayetteville,...

UK army pensioners remember queen who was commander in chief

Sep. 13, 2022 11:10 AM EDT

LONDON (AP) — The British army veterans known as the Chelsea Pensioners traded their famous scarlet tunics for somber navy blue Tuesday as they bid farewell to their commander in chief, Queen Elizabeth II. The old soldiers, some leaning on canes and others using mobility scooters,...

Editorial Roundup: Ohio

Sep. 11, 2022 13:51 PM EDT

Columbus Dispatch. September 11, 2022. Editorial: We won’t forget. Ohioans killed during 9/11 terror attacks still cherished Most of us recall where we were and what we were doing at 8:46 a.m. Tuesday, Sept. 11, 2001. We remember the news reports...

Fleeing Nicaraguans strain Costa Rica's asylum system

Sep. 02, 2022 17:29 PM EDT

SAN JOSE, Costa Rica (AP) — After four years of trying to continue his studies in Nicaragua, Elthon Rivera finally reached the same conclusion as thousands of his countrymen. The government shuttered his university, its director told him he was going into exile and warned that the police were...

Editorial Roundup: Illinois

Aug. 29, 2022 07:21 AM EDT

Chicago Tribune. August 25, 2022. Editorial: The great Illinois pension reckoning is drawing closer Like many individual investors, public pension funds enjoyed a stretch of good returns over the last decade. Between 2011 and 2021, these retirement plans for public...

Russia divestment promises by US states largely unfulfilled

Aug. 26, 2022 03:52 AM EDT

Driven by moral outrage over Russia’s invasion of Ukraine earlier this year, U.S. governors and other top state officials made it clear: They wanted to cut their financial ties with Russia. A few states quickly followed through. Idaho sold $300,000 of bonds in a Russian oil company...