Government pensions and social security

Henry Montalvo, 30, is shown Wednesday, July 15, 2020, in Phoenix. Montalvo was furloughed in March and his federal unemployment benefit expires later this month. (AP Photo/Matt York)
July 17, 2020 - 1:51 pm
WASHINGTON (AP) — A major source of income for roughly 30 million unemployed people is set to end, threatening their ability to meet rent and pay bills and potentially undercutting the fragile economic recovery. In March, Congress approved an extra $600 in weekly unemployment benefits as part of...
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July 01, 2020 - 12:40 pm
SAN JUAN, Puerto Rico (AP) — Puerto Rico awoke to a new budget approved early Wednesday that largely suspends austerity measures and government cuts for one year as the U.S. territory struggles to recover from hurricanes, earthquakes and the pandemic. A federal control board that oversees Puerto...
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FILE - This May 31, 2020, file photo provided by the Hennepin County Sheriff shows former Minneapolis police officer Derek Chauvin, who was arrested Friday, May 29, in the May 25 death of George Floyd. Chauvin had more than a dozen misconduct complaints against him before he put his knee on George Floyd's neck. (Hennepin County Sheriff via AP, File)
June 13, 2020 - 2:27 pm
MINNEAPOLIS (AP) — Former Minneapolis police officer Derek Chauvin is eligible to receive pension benefits during his retirement years even if he's convicted of killing George Floyd, according to the Minnesota agency that represents retired public workers. Chauvin is charged with second-degree...
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FILE - In this May 14, 2020, file photo security officers walk in front of the Supreme Court in Washington. (AP Photo/Andrew Harnik, File)
June 01, 2020 - 12:48 pm
WASHINGTON (AP) — The Supreme Court on Monday upheld the oversight board established by Congress to help Puerto Rico out of a devastating financial crisis that has been exacerbated by the coronavirus outbreak, recent earthquakes and damage from Hurricane Maria in 2017. The justices reversed a lower...
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May 18, 2020 - 10:35 am
HONOLULU (AP) — Hawaii’s largest public pension fund suffered its worst quarterly loss in more than 17 years because of the economic impact of the coronavirus. The state Employees’ Retirement System investments fell 9.5%, The Honolulu Star-Advertiser reported Sunday. The fund’s assets, which...
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FILE - This April 13, 2014, file photo shows the Internal Revenue Service (IRS) headquarters building in Washington. The Treasury Department and the IRS are urging taxpayers who want to get their economic impact payments directly deposited to their bank accounts to enter their information online by Wednesday, May 11, 2020. The IRS said that people should use the “Get My Payment” tool on the IRS website by noon on Wednesday to provide their direct deposit information. (AP Photo/J. David Ake, File)
May 11, 2020 - 5:30 pm
The Treasury Department and the IRS are urging taxpayers who want to get their economic impact payments directly deposited to their bank accounts to enter their information online by Wednesday. The government has sent out about 130 million payments in the first four weeks of the program by both...
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FILE - In this Monday, April 6, 2020 file photo, chairs and tables are piled in front of a bar in St. Mark's Square, in Venice during a lockdown to prevent the spread of the coronavirus. The coronavirus outbreak is straining social safety nets across the globe - and underlining sharp differences in approach between wealthy societies such as the United States and Europe. In Europe, the collapse in business activity is triggering wage support programs that are keeping millions on the job, for now. (AP Photo/Andrew Medichini, File)
May 10, 2020 - 5:18 am
The coronavirus pandemic is straining social safety nets across the globe — and underlining sharp differences in approach between wealthy societies such as the United States and Europe. In Europe, the collapse in business activity is triggering wage support programs that are keeping millions on the...
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In this April 23, 2020, photo, President Donald Trump's name is seen on a stimulus check issued by the IRS to help combat the adverse economic effects of the COVID-19 outbreak, in San Antonio. The US government has distributed about 130 million economic impact payments to taxpayers in less than 30 days. The IRS anticipates sending more than 150 million payments as part of a massive coronavirus rescue package. The distribution has had some hiccups, including an overwhelmed website, payments to deceased taxpayers and money sent to inactive accounts. (AP Photo/Eric Gay)
May 05, 2020 - 5:00 pm
The US government has distributed about 130 million economic impact payments to taxpayers in less than 30 days. The IRS anticipates sending more than 150 million payments as part of a massive coronavirus rescue package. The distribution has had some hiccups, including an overwhelmed website,...
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FILE - This April 23, 2020, file photo shows President Donald J. Trump's name printed on a stimulus check issued by the IRS to help combat the adverse economic effects of the new coronavirus outbreak in San Antonio. The Mexican American Legal Defense and Educational Fund is suing the federal government over its denial of federal coronavirus relief payments to U.S. citizens who are married to immigrants without social security numbers. (AP Photo/Eric Gay, File)
April 28, 2020 - 10:25 pm
PHOENIX (AP) — The Mexican American Legal Defense and Educational Fund has sued the federal government over its denial of coronavirus relief payments to U.S. citizens who are married to immigrants without social security numbers. The lawsuit was filed in Maryland on Tuesday on behalf of six...
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Administrator of the Centers for Medicare and Medicaid Services Seema Verma speaks about the coronavirus in the James Brady Press Briefing Room of the White House, Tuesday, April 7, 2020, in Washington. (AP Photo/Alex Brandon)
April 22, 2020 - 2:50 pm
WASHINGTON (AP) — The financial condition of the government’s two biggest benefit programs remains shaky, with Medicare expected to become insolvent in just six years, while Social Security will be unable to pay full benefits starting in 2035, the government said Wednesday. And that’s before...
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