Government pensions and social security

FILE - In this May 8, 2018, file photo, Illinois Gov. Bruce Rauner, center, addresses reporters outside his state Capitol office in Springfield, Ill. For years, Rauner has been ubiquitous on all things related to the Illinois budget. Not this year. Lawmakers whisked through a $38.5 billion spending plan this week with barely a mention of the Republican governor's name. Gone were the demands for business-friendly structural changes in exchange for budget which forced a historic stalemate for his first 2 and a half years in office. (AP Photo/John O'Connor File)
June 01, 2018 - 11:52 pm
CHICAGO (AP) — Illinois' new state budget relies on more than $400 million in savings from a new pension buyout plan that finance experts caution is highly speculative and may not save as much money as lawmakers say. The budget sailed through the Legislature this week on a bipartisan vote, and...
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A man walks in front of a docked ferry at the port of Piraeus, near Athens, Wednesday, May 30, 2018. Greece's largest labor unions are staging a general strike against plans to extend austerity measures beyond the bailout, in a 24-hour protest that is disrupting flights, public transport and services, closed schools and left hospitals running on emergency staff. (AP Photo/Petros Giannakouris)
May 30, 2018 - 4:35 am
ATHENS, Greece (AP) — Greece's largest labor unions are staging a general strike against plans to extend austerity measures, in a 24-hour protest that halted ferry services to the islands, and disrupted flights, public transport and other services. Wednesday's strike also closed schools and left...
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May 24, 2018 - 7:07 pm
CHERRY HILL, N.J. (AP) — Many pension funds for public workers already owe far more in retirement benefits than they have in the bank, and the problem will only grow worse if the economy slows down, according to a report released Thursday. The study from The Pew Charitable Trusts found that the New...
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Five-Star Movement leader Luigi Di Maio talks on the phone as he leaves the lower house of parliament, at the end of his meeting with League leader Matteo Salvini, in Rome, Thursday, May 17, 2018. Italy's two populist leaders are brushing off fears in Brussels and the markets over the outlines of their possible government, and are insisting they are close to a deal designed to help ordinary Italians. (Angelo Carconi/ANSA via AP)
May 18, 2018 - 1:22 pm
MILAN (AP) — Italian financial assets were hit hard Friday after the anti-establishment 5-Star Movement and the right-wing League party unveiled a program that could clear the way to Italy's first populist government. The platform includes a rollback on pension reform, a minimum salary for...
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California Treasure John Chiang, a member of the California State Teacher's Retirement System Investment Committee, discusses his proposal to lobby gun retailers to stop selling weapons and accessories in other states that are banned in California, Wednesday, May 9, 2018, in West Sacramento, Calif. The board voted to approve the measure. (AP Photo/Rich Pedroncelli)
May 09, 2018 - 8:26 pm
WEST SACRAMENTO, Calif. (AP) — One of the largest public pension funds in the nation voted Wednesday to use its financial might to pressure gun retailers across the country to stop selling military-style assault weapons and accessories like rapid-fire "bump stocks" used at the 2017 Las Vegas mass...
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A firefighter walks past burning cars set on fire by activists during the traditional May Day rally in the center of Paris, France, Tuesday, May 1, 2018. Each year, people around the world take to the streets to mark International Workers' Day, or May Day. (AP Photo/Francois Mori)
May 01, 2018 - 3:26 pm
MOSCOW (AP) — Workers and activists around the world marked May Day on Tuesday with rallies and other events to press their governments to address labor issues. International Workers' Day is a public holiday in many countries, though activities are restricted in some places, sometimes leading to...
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FILE - In this Monday, Dec. 11, 2017, file photo, Jordan Hamlett leaves federal court following his guilty plea in Baton Rouge, La. A federal judge is scheduled to sentence Hamlett on Wednesday, April 25, 2018, as the private investigator faces a possible prison sentence for misusing Donald Trump's Social Security number in repeated attempts to access the president's federal tax information before his 2016 election. (AP Photo/Gerald Herbert, File)
April 25, 2018 - 3:18 pm
BATON ROUGE, La. (AP) — A Louisiana private investigator was sentenced Wednesday to 18 months in prison for repeatedly trying to electronically access Donald Trump's federal tax information several weeks before the 2016 election. Jordan Hamlett, 32, of Lafayette, pleaded guilty in December to...
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Masked protesters, one with a Nicaraguan flag, yell from the road block they erected as they face off with security forces near the University Politecnica de Nicaragua (UPOLI) in Managua, Nicaragua, Saturday, April 21, 2018. Nicaragua's government said on Saturday it is willing to negotiate over controversial social security reforms that have prompted protests and deadly clashes this week. (AP Photo/Alfredo Zuniga)
April 22, 2018 - 7:54 pm
MANAGUA, Nicaragua (AP) — Nicaragua's president on Sunday withdrew changes to the social security system that had triggered deadly protests and looting. President Daniel Ortega said in a message to the nation that the social security board of directors had canceled the changes implemented on April...
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People stand in front of a store that has just been forced open and looted, in Managua, Nicaragua, Sunday, April 22, 2018. Dozens of shops in the Nicaraguan capital have been looted in the continuation of protests and disturbances sparked by government social security reforms. (AP Photo/Alfredo Zuniga)
April 22, 2018 - 7:38 pm
MANAGUA, Nicaragua (AP) — The latest on unrest in Nicaragua (all times local): 5:30 p.m. Nicaragua's president says the government is withdrawing changes to the social security system that had triggered protests, riots and looting over the past week. President Daniel Ortega said Sunday in a message...
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Masked protesters, one with a Nicaraguan flag, yell from the road block they erected as they face off with security forces near the University Politecnica de Nicaragua (UPOLI) in Managua, Nicaragua, Saturday, April 21, 2018. Nicaragua's government said on Saturday it is willing to negotiate over controversial social security reforms that have prompted protests and deadly clashes this week. (AP Photo/Alfredo Zuniga)
April 21, 2018 - 10:14 pm
MANAGUA, Nicaragua (AP) — Nicaraguan President Daniel Ortega said Saturday that his government is willing to enter into talks over social security reforms that have sparked four days of protests and clashes in which, rights monitors say, at least 25 people have died. A journalist covering the...
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