Latest Government pensions and social security News

A little girl holds palm oil fruit collected from a plantation in Sumatra, Indonesia, Nov. 13, 2017. An Associated Press investigation has found many palm oil workers in Indonesia and neighboring Malaysia endure exploitation, including child labor. (AP Photo/Binsar Bakkara)

Palm oil labor abuses linked to world’s top brands, banks

Sep. 24, 2020 10:32 PM EDT

PENINSULAR MALAYSIA (AP) — Jum’s words tumble out over the phone, his voice growing ever more frantic. Between sobs, he says he’s trapped on a Malaysian plantation run by government-owned Felda, one of the world’s largest palm oil companies. His boss confiscated and then lost his...

File-Sen. Richard Burr, R-N.C., listens during a Senate Health, Education, Labor and Pensions Committee hearing, Tuesday, June 23, 2020 on Capitol Hill in Washington.   A fourth congressional hearing this year on how to allow college athletes to earn money off their names, images and likenesses came Tuesday, Sept. 15, 2020, with a stern warning from one senator. “I think this is a huge mistake,”  Burr, said of athletes profiting from NIL.  (Greg Nash/Pool via AP, File)

Senator: Allowing college athletes NIL pay is 'huge mistake'

Sep. 15, 2020 5:42 PM EDT

The fourth congressional hearing this year on how to allow college athletes to earn money from their names, images and likenesses came Tuesday with a stern warning from one senator. “I think this is a huge mistake,” Sen. Richard Burr (R-N.C.) said. The U.S. Senate Committee of Health, Education,...

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)

Trump administration allows deferral of Social Security tax

Aug. 28, 2020 10:06 PM EDT

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 Treasury...

FILE - This Wednesday, Feb. 13, 2019 file photo shows part of a 1040 federal tax form printed from the Internal Revenue Service website. On Friday, Aug. 21, 2020, The Associated Press reported on stories circulating online incorrectly asserting that Democratic presidential candidate Joe Biden’s tax rate on a family making $75,000 dollars a year would go from 12% to 25%. A current federal tax rate of 12% applies to families making up to $80,000, or individuals making up to $40,000. That would still apply under Biden, who has vowed publicly not to raise taxes on anyone making less than $400,000.

NOT REAL NEWS: A look at what didn't happen this week

Aug. 21, 2020 4:21 PM EDT

A roundup of some of the most popular but completely untrue stories and visuals of the week. None of these are legit, even though they were shared widely on social media. The Associated Press checked them out. Here are the facts: ____ CLAIM: Biden’s tax rate on a family making $75,000 dollars a year would...

A sign is posted at the entrance to Hinton James dormitory at the University of North Carolina in Chapel Hill, N.C., Tuesday, Aug. 18, 2020. The university announced that it would cancel all in-person undergraduate learning starting on Wednesday following a cluster of COVID-19 cases on campus. (AP Photo/Gerry Broome)

The Latest: Australia announces coronavirus vaccine deal

Aug. 19, 2020 12:08 AM EDT

CANBERRA, Australia — Australia has announced a deal to manufacture a potential coronavirus vaccine being developed by British-Swedish pharmaceutical company AstraZeneca. “Under the deal, every single Australian will be able to receive the University of Oxford COVID-19 vaccine for free, should...

President Donald Trump speaks during a news conference at his Trump National Golf Club in Bedminster, N.J., Saturday, Aug. 15. (AP Photo/Susan Walsh)

AP FACT CHECK: Trump muddies facts on mail ballots, Harris

Aug. 17, 2020 1:17 AM EDT

WASHINGTON (AP) — President Donald Trump is muddying the facts about mail-in voting and vice presidential candidate Kamala Harris on the eve of the Democratic National Convention. Asked to disclaim the racist conspiracy theory that Harris isn't eligible to serve in the White House because of her immigrant...

President Donald Trump speaks at a news conference in the James Brady Press Briefing Room at the White House, Wednesday, Aug. 12, 2020, in Washington. (AP Photo/Andrew Harnik)

AP FACT CHECK: Trump skews record on Biden-Harris, economy

Aug. 15, 2020 7:12 PM EDT

WASHINGTON (AP) — President Donald Trump greeted the Democratic presidential ticket of Joe Biden and Kamala Harris this past week with a litany of distortion and falsehoods, raging against cases of voting fraud where they didn't exist and declining to quash conspiracy theories about Harris’...

President Donald Trump speaks at a news conference in the James Brady Press Briefing Room at the White House, Wednesday, Aug. 12, 2020, in Washington. (AP Photo/Andrew Harnik)

AP FACT CHECK: Trump payroll tax cut is Social Security risk

Aug. 13, 2020 9:16 PM EDT

BALTIMORE (AP) — President Donald Trump’s proposed payroll tax cut is a threat to Social Security no matter how he casts it. During a news conference Wednesday, he insisted he could eliminate the tax if he were reelected, and do it without undercutting retirement benefits or greatly adding to the...

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)

Trump's suggestion to eliminate payroll tax doesn't add up

Aug. 13, 2020 8:42 PM EDT

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...

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)

Dems say Trump's payroll tax break weakens Social Security

Aug. 11, 2020 5:36 AM EDT

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...