Latest Government pensions and social security News

Virginia man pleads guilty to failing to pay $1.3M in taxes

May. 27, 2022 07:53 AM EDT

RICHMOND, Va. (AP) — A Virginia man pleaded guilty Thursday to charges that he failed to pay $1.3 million in taxes to the IRS by withholding payroll taxes from three different companies owned by his family, a federal prosecutor said. U.S. Attorney Jessica Aber said in a news...

Live updates | Russia-Ukraine War

May. 25, 2022 21:21 PM EDT

The Russian Defense Ministry is promising to open a safe corridor to allow foreign ships to leave Black Sea ports. A separate corridor will be open to allow ships to leave Mariupol by sailing from the port on the Sea of Azov port to the Black Sea. Mikhail Mizintsev, who heads the...

Boards for Meta, Twitter face backlash from NY pension fund

May. 23, 2022 16:55 PM EDT

SAN FRANCISCO (AP) — A major New York pension fund that has invested in both Facebook's corporate parent and Twitter believes it's time to shake up the companies' boards of directors because of their inability to keep violent content off their influential social media services. The...

Albanese elected Australia's leader in complex poll result

May. 22, 2022 12:01 PM EDT

SYDNEY (AP) — Australians awoke on Sunday to a new prime minister in Anthony Albanese, the center-left Labor Party leader whose ascension to the nation’s top job from being raised in social housing by a single mother on a disability pension was said to reflect the country's changed fabric. ...

Australia's next prime minister came from humble beginnings

May. 22, 2022 01:00 AM EDT

CANBERRA, Australia (AP) — Australia's Prime Minister-elect Anthony Albanese is a politician molded by his humble start to life as the only child of a single mother who raised him on a pension in gritty inner-Sydney suburbia. He is also a hero of multicultural Australia, describing...

Australia's would-be PM Albanese shaped by humble start

May. 20, 2022 00:26 AM EDT

CANBERRA, Australia (AP) — The son of a single mother who raised him on a pension, Anthony Albanese had a humble start to life for a politician who could become Australia’s prime minister on Saturday. His financially precarious upbringing in government-owned housing in Sydney...

Prosecutors: NYC investment adviser blamed in $5B fraud

May. 17, 2022 23:48 PM EDT

NEW YORK (AP) — Bus drivers, subway conductors and religious and charitable organizations nationwide lost over $5 billion when a COVID-induced stock market collapse crushed private investment funds linked to a financial industry giant, exposing a massive fraud, authorities said Tuesday. ...

Spanish govt proposes wider abortion rights, menstrual leave

May. 17, 2022 08:29 AM EDT

MADRID (AP) — The Spanish government approved a draft bill Tuesday that widens abortion rights for teenagers and may make Spain the first country in Europe entitling workers to paid menstrual leave. The measures are part of a package of proposals that will be sent to the Spanish...

Spain debates if menstrual leave policy will help or hurt

May. 12, 2022 12:58 PM EDT

MADRID (AP) — A government proposal that could make Spain the first country in Europe to allow workers to take menstrual leave has sparked debate over whether the policy would help or hinder women in the workplace. A leaked draft of new legislation that the Spanish Cabinet is...

Vermont GOP Gov. Scott vetoes pension reform legislation

May. 02, 2022 16:55 PM EDT

MONTPELIER, Vt. (AP) — Gov. Phil Scott vetoed a bill Monday that had given unanimous preliminary approval last week by both the House and Senate to reform the state’s pension system. In a sharply worded veto message on Monday, Vermont's Republican governor said he felt the...