Thursday, February 25, 2021

Biden nominates 3 to USPS board as Postmaster General DeJoy vows to stay

Biden nominates 3 to USPS board as Postmaster General DeJoy vows to stay

Snippet of Article: "...President Biden on Wednesday nominated three people for the U.S. Postal Service board of directors, moving to fill vacant seats on the board and assert indirect control over the ailing agency and its controversial postmaster general, Louis DeJoy. If confirmed by the Senate, the three new members — Ron Stronman, Amber McReynolds, and Anton Hajjar — would tilt the board toward Democratic control, potentially with enough votes to oust DeJoy. At a House Oversight Committee hearing earlier Wednesday, DeJoy said he plans to stay ..."

Source: theweek.com

Tuesday, February 9, 2021

People Born In 1960 Face Huge Permanent Social Security Benefit Reductions

People Born In 1960 Face Huge Permanent Social Security Benefit Reductions

Snippet of Article: "...feature in the Social Security benefit formula that makes the critical calculation of an individual's initial Social Security retirement benefit (which is linked to the year that workers turn age 60) is sensitive to economic recessions. Known as the average wage index (AWI)..."

Source: Rocket City News

Social Security, Social Security COVID Correction and Equity Act,