Latest Government pensions and social security News

US to restore full pension of FBI official fired under Trump

Oct. 14, 2021 21:38 PM EDT

WASHINGTON (AP) — Former FBI Deputy Director Andrew McCabe has won back his full pension as part of a settlement of his lawsuit arising from his firing during the Trump administration more than three years ago, his lawyers announced Thursday. McCabe, a frequent target...

Social Security checks getting big boost as inflation rises

Oct. 13, 2021 15:47 PM EDT

WASHINGTON (AP) — Millions of retirees on Social Security will get a 5.9% boost in benefits for 2022. The biggest cost-of-living adjustment in 39 years follows a burst in inflation as the economy struggles to shake off the drag of the coronavirus pandemic. The COLA, as...

Editorial Roundup: U.S.

Oct. 13, 2021 12:38 PM EDT

Excerpts from recent editorials in the United States and abroad: Oct. 8 The Los Angeles Times on the danger of turning the debt limit into political theater: Congratulations to Congress for avoiding economic catastrophe for...

EXPLAINER: Why the Social Security COLA is jumping next year

Oct. 13, 2021 09:42 AM EDT

WASHINGTON (AP) — Rising inflation has triggered a sizable increase in Social Security's annual cost-of-living adjustment, or COLA, for 2022. The Social Security Administration announced the 5.9% COLA on Wednesday after a Labor Department report on inflation during September. ...

House sends debt limit hike to Biden, staving off default

Oct. 13, 2021 07:01 AM EDT

WASHINGTON (AP) — The House has approved a short-term increase to the nation's debt limit, ensuring the federal government can continue fully paying its bills into December and temporarily averting an unprecedented default that would have decimated the economy. The $480...

House sends debt limit hike to Biden, staving off default

Oct. 12, 2021 19:28 PM EDT

WASHINGTON (AP) — Members of the House on Tuesday pushed through a short-term increase to the nation's debt limit, ensuring the federal government can continue fully paying its bills into December and temporarily averting an unprecedented default that would have decimated the economy. ...

EXPLAINER: Why Social Security COLA will jump next year

Oct. 12, 2021 12:13 PM EDT

WASHINGTON (AP) — Rising inflation is expected to lead to a sizeable increase in Social Security's annual cost-of-living adjustment, or COLA, for 2022. Exactly how much will be revealed Wednesday morning after a Labor Department report on inflation during September, a data point used in the...

Kentucky fraudster's disability clients remain in legal mess

Oct. 08, 2021 09:20 AM EDT

LOUISVILLE, Ky. (AP) — As disbarred lawyer Eric Conn sits in a federal prison, hundreds of people in one of America’s poorest regions remain mired in the legal mess he caused by running a $600 million fraud, the largest Social Security scam in U.S. history. Many of...

N. Carolina woman sent to prison for social security fraud

Oct. 06, 2021 08:21 AM EDT

NEW BERN, N,C. (AP) — A federal judge has sentenced a North Carolina woman to more than five years in prison for using Social Security Administration position to direct benefits into nine separate bank accounts that she had access to. The U.S. Attorney’s Office in...

Germany expands pensions to more Holocaust survivors

Oct. 06, 2021 01:43 AM EDT

BERLIN (AP) — The organization that handles claims on behalf of Jews who suffered under the Nazis said Wednesday that Germany has agreed to extend compensation to Jewish survivors who endured the World War II siege of Leningrad and two other groups who had not received any monthly pensions...