Latest Government pensions and social security News

New Mexico recoups $24 million in mortgage-crisis settlement

Nov. 22, 2021 23:10 PM EST

SANTA FE, N.M. (AP) — New Mexico's public pension and investment funds will receive $24 million from several major financial institutions to resolve a lawsuit over mortgage-backed securities and the financial crisis more than a decade ago, state prosecutors said. New...

5 convicted of stealing veteran, Social Security benefits

Nov. 16, 2021 15:49 PM EST

FORT LAUDERDALE, Fla. (AP) — Five men have been convicted in South Florida of running a scheme to steal more than $1.8 million in veteran and Social Security benefits. A federal jury in Fort Lauderdale found Omar Shaquille Bailey and Ronaldo Garfield Green guilty last...

Biden nominates NLRB board counsel as mine safety chief

Nov. 15, 2021 17:06 PM EST

CHARLESTON, W.Va. (AP) — President Joe Biden's pick to oversee U.S. mine safety is the second straight choice to lead the office from West Virginia. Christopher Williamson was nominated by the president on Friday as assistant secretary for mine, safety and health at the...

Women in Argentina claim labor exploitation by Opus Dei

Nov. 12, 2021 10:23 AM EST

BUENOS AIRES, Argentina (AP) — Lucía Giménez still suffers pain in her knees from the years she spent scrubbing floors in the men’s bathroom at the Opus Dei residence in Argentina’s capital for hours without pay. Giménez, now 56, joined the conservative Catholic...

Feds block billions of public transit money for California

Nov. 11, 2021 14:41 PM EST

SACRAMENTO, Calif. (AP) — The federal government says California is ineligible for about $12 billion in public transit funding because of a long-running dispute over changes to the state's public pension law that the Biden administration recently determined are improper. ...

Puerto Ricans fearful of plan to restructure public debt

Nov. 09, 2021 16:22 PM EST

SAN JUAN, Puerto Rico (AP) — Puerto Rican citizens got a chance Tuesday to express their fears about a massive debt overhaul plan before a judge with the power to decide Puerto Rico’s economic future. After months of wrangling by attorneys, economists and bondholders,...

Brazil businesses lean on government to shift climate stance

Nov. 09, 2021 16:17 PM EST

GLASGOW, Scotland (AP) — Powerful businesses are urging Brazilian President Jair Bolsonaro to give up the country's long-standing resistance on key issues at this year's U.N. climate talks, arguing that Brazil can't afford to pass up the chance to use its vast natural wealth in the fight...

Treasury says plans to borrow $1.02 trillion this quarter

Nov. 01, 2021 16:28 PM EDT

WASHINGTON (AP) — The Treasury Department said Monday it plans to borrow $1.02 trillion during the current quarter, the largest amount since the government began passing trillion-dollar rescue packages for the economy in the spring of 2020. Treasury said the borrowing...

Puerto Rico police go on strike, demand better pensions

Oct. 29, 2021 17:29 PM EDT

SAN JUAN, Puerto Rico (AP) — Some 1,900 police officers across Puerto Rico went on strike Friday to demand a better public pension plan, authorities said. The absences are expected to continue through the weekend and prompted several mayors to declare a state of...

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

Oct. 29, 2021 15:40 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: ___ Fauci had no...