Many worry Social Safety will run out of cash. Why that will not occur

Tara Moore | Getty Images

Most Americans are concerned about running out of Social Security during their lifetime, and those fears only got worse amid the Covid-19 pandemic.

That’s according to a survey by the financial services company Nationwide, which found 71% of adults feel this way. Fears about the benefit program were greatest among Generation X at 83% and Millennials at 77%, while only 61% of baby boomers agreed.

In addition, 47% of millennials said they believe they are “not getting a penny from the benefits they deserve”.

Many Americans – 59% – say they are more pessimistic now if the program is no longer supported after the pandemic outbreak. Meanwhile, 19% say Covid-19 caused them to rethink their plans to get benefits, with 11% planning to postpone filing and 9% planning to submit an earlier application.

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The trust funds that Social Security relies on to pay benefits have become scarce. The last official projection stated by the Social Security Administration that these funds could be used up in 2035, then 79% of the promised benefits would be payable. That estimate weighed all the effects of a pandemic.

Still, fears that the program would dry up and the performance reviews would end are unfounded, said Shai Akabas, director of economic policy at the bipartisan Policy Center.

“A lot of people hear the words bankrupt or bankrupt and automatically assume that the program will just go away,” Akabas said.

“The reality is that social security has been around for over 80 years and has more support than any other government function,” he said. “It’s very unlikely to go away anytime soon.”

While there is likely to be a solution, it takes Congress a long time to act. That can create uncertainty for Americans trying to plan their retirement, Akabas said.

The sooner the legislature acts, the less dramatic these changes can be. Higher taxes, benefit cuts, or a combination of both are among the adjustments they would likely consider.

“It’s not that serious or significant that the program will go away,” Akabas said. “But it’s also not a simple solution that we can wait for the last minute and just patch it overnight.”

Research suggests that benefit cuts would likely be less than 25% if they happen at all, said Joe Elsasser, founder and president of Covisum, a company that makes social security claims.

To calm these fears and enable people to plan, Covisum offers recently launched an online tool to show how cuts in social security benefits would affect a person’s monthly checks. It is noteworthy that the computer does not contain a scenario in which the advantages are completely eliminated.

“The probability that it will go to zero is as close as possible to zero,” said Elsasser.

Nationwide’s survey was conducted online from the Harris Poll between April 19 and May 7. It comprised 1,931 US adults.

On-duty safety guard arrested for stealing cash from job seeker utilizing CashApp

MEMPHIS, Tennessee – A security guard was handcuffed and carried away after police said they used an app to steal money.

At first the detectives said she did not confess immediately. But when the police put her phone number in CashApp, they revealed the same username from the victim’s fraudulent allegations.

WREG-TV spoke to the victim who said the fact that she was on duty when this allegedly happened made the situation worse.

It’s a case so surprising and strategic that it shocked the victim.

“It’s just strange to me,” said the victim.

You might have a similar reaction upon hearing what allegedly happened to land Tiffany Chism behind bars.

“I’ve never met her before, it was the first time I went into the building,” said the victim.

The man on the phone told us he never thought meeting Chism, a security guard at the Amazon facility, would result in money being lost.

“I enter the building and have met with security,” said the victim.

While on the line, he said Chism volunteered to help fill out a proof of employment form on his phone.

“In my head I thought maybe she’s trying to help, you know,” said the victim.

Although it gave him a pause, he continued. It was only when a recruiter asked about the appointment invitation that the victim noticed something else in their email.

A message from CashApp, telling us that he has verified a recent transaction.

“Money I sent. I said, ‘No, no, I didn’t send any money to anyone,’ ”the victim said.

The victim said the total was $ 700, although police said a transaction may not have gone through. The victim went straight to the security desk to confront the security guard.

“She said ‘who is the lady?’ And I pointed to the lady who was standing in front of her as if she were the one who took the phone from people to help them, ”said the victim.

Instead, the 25-year-old is accused of having used other people’s money.

The victim told us that one of Chism’s mistakes was trying to carry out such a monstrous crime in a facility full of cameras on almost every corner that he described. When police asked Lost Prevention to review the footage, detectives said Chism was seen on a video using the victim’s phone.

It was later when detectives said she then made a full confession.

“I saw them put them in the car and followed them downtown,” said the victim.

Chism was later taken to East Prison on multiple charges of theft and fraud.

We left a message for Tiffany Chism – who was released from prison. We’ll get in touch when she answers. The 25-year-old is on trial on Monday morning.

As for the victim, he tells us that he is still working to get his money back.

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Unusual package deal from followers obsessive about Kim Kardashian West’s safety “interception” | Leisure Information

Kim Kardashian West security forces reportedly intercepted a package of diamond rings and contraceptives from obsessed fans.

According to TMZ, the package appeared on June 3 and contained a note asking him to visit him.

He also claims the person allegedly molested a 40-year-old reality star on social media.

The press claimed he made a fake marriage certificate for him and Kim and sent a message like this:

The same person reportedly went to their condominium in February and said a few weeks later he was there to have the Kardashian Family Celebrity Life star for dinner.

The website reported that Kim intends to file an arrest warrant for men.

Just last week, Kim received a temporary ban on a stalker who wanted to “have a physical relationship” with her.

Charles Peter Zelenov, 32, managed to find her home and “record a video off the edge of her property,” claiming that she is “increasingly frustrated not to get in”. Later, the intern’s lawyer remained “frustrated”.

Kim is particularly concerned “because I never shared my address.”

The judge ordered Zelenov to be 100 meters from Kim.

Strange package from fans obsessed with Kim Kardashian West’s security “interception” | Entertainment news

Source link Strange package from fans obsessed with Kim Kardashian West’s security “interception” | Entertainment news

Safety Engineer in Chicago, IL — Cash Diary

Occupation: Safety engineer
Industry: Finances
Age: 25th
Place: Chicago, Illinois
Salary: $ 97,500
Net worth: $ 233,200 (Retirement: $ 125,200; Savings: $ 100,000 (I know I have to invest most of that money, and I’ve started doing this several times, but I literally have no idea what to do with it); Mutual Funds: ~ $ 12,000 (set up by my parents when I was a kid. I also have $ 18,600 worth of RSUs that haven’t vested yet so I didn’t really have them and didn’t include them in my grand total. Minus debt.)
Fault: $ 4,000 to my parents for college
Paycheck Amount (Biweekly): $ 1,883.19 after tax and the 25% that I split into my 401,000 (15%) and Roth IRA (10%)
Pronoun: You / she

Monthly expenses
Rental fee: $ 1,300 for my studio apartment (I live alone)
Loans: I am saving $ 833 / month on my parenting college loan, but I pay them in lump sums every two years
Jokes: $ 5 (every three months)
Amazon Web Services: $ 5
Electricity: $ 20 (this will go up once I have to turn on my heater)
Mobile: $ 25 (I’m still on my family’s plan, but I’ll give them my line)
Internet: $ 47.85
NOW crossword puzzles: $ 39.95
Last Pass Premium: $ 3 (As a cybersecurity professional, I IMPLORE YOU everyone to set up multi-factor authentication for all of your accounts and use a password manager so you never have to repeat passwords.)

Social Safety & You: By no means ship unsolicited cash to the SSA | Enterprise Information

And now I’m going to turn the tables. So far I’ve talked about situations where people know they have received Social Security benefits they are not entitled to and I have told them to wait for that overpayment letter before sending money to the SSA. But more than some of you have received an overpayment letter that you weren’t expecting. In other words, for some reason you received some Social Security benefits that the SSA claims you weren’t due. How do you deal with this situation?

In fact, the overpayment letter contains instructions on how to deal with the situation. And my book “Social Security: Simple and Intelligent” contains an entire section that deals with dealing with alleged overpayments. (Order instructions for the book are at the bottom of the column, but here is a very brief overview.)

If you acknowledge the fact that you received benefits that you are not due and if you are still receiving monthly Social Security benefits, the overpayment statement will usually state that the SSA will withhold your monthly checks until the overpaid amount is collected. If you agree, you don’t have to do anything.

If you cannot or cannot afford to withhold your full monthly benefits, you can request that the overpayment be withheld in monthly installments.

If you are no longer receiving Social Security benefits when you receive an overpayment letter, write a check for the amount of the overpayment to be paid to the Social Security Agency and mail it to the address they provided. Or, you can work with the SSA to repay the amount in monthly installments.

HK Police School phases Chinese language-style foot drills as metropolis celebrates Nationwide Safety Training Day for first time: Unique with Commissioner of Police

Photo: Sina Weibo

While Hong Kong is celebrating National Safety Education Day for the first time, the also first-time Hong Kong Police College conducted the Chinese-style foot exercises for the public, including commanding swords and flags for residents to experience the mood for the Motherland, Police Commissioner Chris Tang Ping-keung told the Global Times in an exclusive interview on Thursday.

It also marked the first time the college held a ceremony in addition to graduation ceremonies to hoist the Chinese national flag and play the national anthem for local residents, Tang said.

More than 23 years after Hong Kong returned to the motherland, ending its colonial past, the Hong Kong Police College held Chinese-style foot drilling for the first time in February. These exercises were taught by members of the Hong Kong Garrison of the People’s Liberation Army (PLA) invited by the Hong Kong Police Force (HKPF).

“The HKPF training continues to keep pace with the changing times to meet all sorts of challenges. The foot exercises are of course no exception,” Tang said, noting that while the HKPF foot exercises are performed, the style derives from historical background and was further developed under the command of college professors to incorporate local characteristics.

Some experts and representatives of the HKPF consider such Chinese-style training to be very necessary as the HKPF still has strong colonial characteristics that need to be changed.

“We will continue to review various collaboration and training plans and make preparations that meet the needs of the events. We will also consider using different types of foot exercises for different ceremonies,” Tang said.

Hong Kong celebrated National Safety Education Day on Thursday with a series of public awareness activities. Schools across the city hoisted Chinese national flags and sang the national anthem to celebrate the day. After being ravaged by black-clad protests and riots, Hong Kong has stepped up efforts to fill gaps in local governance while improving the education of the younger generation to root out radical ideas.

An opening ceremony was held on Thursday morning at the Hong Kong Convention and Exhibition Center to unveil the city’s National Safety Education Day. Both local and central government officials were present. Speeches were given by Carrie Lam, executive director of the HKSAR government, Luo Huining, director of the Hong Kong Central Government Liaison Office, Zheng Yanxiong, who heads the Central Government’s Office for National Security in the City, and Yang Yirui, Acting Commissioner of the Chinese Foreign Ministry the ceremony.

Since the Hong Kong National Security Act came into force, a total of 100 people have been arrested for allegedly engaging in activities that endanger national security. The law played an important role in the stability of the city, Tang said.

However, we must remain vigilant to prevent illegal activity from happening again. Maintaining national security is one of the top priority tasks for both the Police Commissioner 2021 and the HKPF, the official said.

Sharon Osbourne steps up safety | Leisure

Sharon Osbourne increased her security after receiving death threats.

The 68-year-old star was embroiled in heated discussion during an episode of ‘The Talk’ last week when she asked her co-host Sheryl Underwood to “educate” her about why her friend Piers Morgan – who had her – made remarks made defended after leaving the British TV show “Good Morning Britain” – about the Duchess of Sussex were racist.

And after the air dispute, Sharon was reportedly inundated with angry news on social media and received calls into her home threatening the safety of her, her family and even her dogs.

According to TMZ, because of the threats, Sharon hired a private security team and posted workers outside her Los Angeles home all week.

Meanwhile, the former “X Factor” star also turned off commenting on her latest Instagram posts because things had gotten so hot.

‘The Talk’ is currently on hiatus while CBS investigates the incident. However, insiders told the site that Sharon has not yet been in contact with the network or the show producers while they investigate the dispute, and she has not spoken to Sheryl either.

The argument started on ‘The Talk’ when Sharon was talking about the defense of Piers – who said he didn’t believe Duchess Meghan when she said she had suicidal thoughts – and prompted Sheryl to say, “While you stand by yourself, your girlfriend, it seems that you are confirming or offering a safe haven to something he uttered that is racist. “

Sharon replied, “Educate me, tell me when you heard him say racist things?

“I feel like I’m about to be put on the electric chair because I have a friend who many people think is a racist. So that makes me a racist?”

“How can I be racist towards anyone or anything in my life?”

The show then went on a commercial break, but when it came back pushed Sheryl further to explain what was racist about Piers’ comments, adding, “And try not to cry because if someone should cry, it should be me . “

The next day, the former “X Factor” star apologized for her remarks.

She said, “I’m really sorry. I panicked, felt blind, got defensive, and let my fear and horror of being accused of being racist take over.”

Earlier this week, however, Leah Remini accused Sharon of using derogatory terms against fellow “The Talk” stars Julie Chen and Sara Gilbert.

According to the actress and other sources, showbiz matriarch Julie – the Sino-American – had dubbed “Wonton” and “Slanty Eyes” and Sara, who is a lesbian, “P **** Licker”. and “fish eater”.

But Sharon branded the allegations “crap” and insisted that after their argument with Sheryl, people simply “try to add fuel to the fire”.

She said: “[They’re] Crap, all crap. Everyone has an opinion or a story like the Wonton story. It’s like damn your damn wonton story. F *** off!

“Everyone has an opinion and everyone has a vote – it’s fine. It’s about knowing that someone has been called about something and then someone else says, “Yeah !! I will add something too. ‘

“Of course it’s a bunch. People want to add fuel to the fire and it comes with the territory and that’s fine. “

French Quarter safety patrols run out of cash

The French Quarter Task Force, which offers additional, off-duty police patrols in the French Quarter, ran out of funds and ceased operations on Sunday. Now, New Orleans Mayor LaToya Cantrell and the agency that runs the task force are fingering who is to blame.

Joshua Cox, Director of Strategic Initiatives at Cantrell, appeared at a press conference on Monday accusing the French Quarter Management District, which has been running the Task Force program since 2016, of poorly managing its funds.

“To make all of this easier, the FQMD made a promise to voters and said they would fund something,” Cox said Monday. “Because of incompetence or mismanagement, that wasn’t true. And then they issued a press release asking for public funds. “

The press conference took place one day after the FQMD was published Press release The city accused the city of “withholding” $ 327,000 in funds previously used to pay for Louisiana State Police patrols in the French Quarter.

Cantrell, the City Council, and FQMD are currently working on a short term fix to restart patrols. The city and FQMD both appear to support a plan to use a portion of that $ 327,000 to keep the program going temporarily. However, deep disagreements persist over who is to blame, whether money has really been “withheld” by the city, and what the long-term solution should be.

The debate has an impact on one upcoming election In April, residents of the French Quarter will vote on whether to pass a quarter-cent sales tax that will bring the FQMD an estimated $ 2.5 million a year for the next five years, mainly to fund patrols of the Task force. Cantrell’s office was strongly opposed to this plan. There was a quarter-cent tax from 2016 until last year when voters rejected an extension.

“The mayor’s office was against the electoral language from the start,” said Cox. “It is a core principle of good governance that the people who administer taxpayers’ money must be directly elected and accountable to those very taxpayers. That is not the case with the proposals. “

The recent dust generation is part of a months of debate between Cantrell’s office and the FQMD on the future of additional security patrols in the French Quarter. From 2016 to last year, US $ 6.7 million in public funding was available to conduct additional patrols by the French Quarter Task Force and a separate agreement with the Louisiana State Police.

But all the money stopped flowing last year. The task force was funded by annual contributions of $ 1.2 million from New Orleans and Co. – a private, publicly funded marketing agency for the city’s tourism industry. However, New Orleans and Co. have cut this agreement as revenue has plummeted as a result of the coronavirus crisis.

The presence of the state police was more expensive. It was funded in part by contributions from New Orleans and Co., the Ernest N. Morial Convention Center. These posts were too cut off last year. However, the main source of funding for the State Police was quarter-cent sales tax, sometimes referred to as “quarter for quarter”.

This tax was approved by residents of the French Quarter for a five-year period in 2015 and expired in late 2020. However, the city attempted to renew the tax through an electoral measure in December, however it was refused with 595 no votes and 297 yes votes. The FQMD was instrumental in the failure of the election measure by voting formally decline the move and the urging of the small number of French Quarter residents who had a say in the election to vote no.

The debate was about how the money should be spent. For the past five years, the money has only been used to pay the state police. But neither the FQMD nor the city wanted to continue this agreement.

The FQMD wanted the money to fund the French Quarter Task Force to replenish funds lost by New Orleans and Co. She also wanted the city to sign an agreement giving them full authority over the funds before voting on the electoral measure.

Cantrell had a different plan in mind. Her office wanted to use the money to fund citizen patrols in the French Quarter through the newly created Grounds Patrol Division at the city’s Homeland Security and Emergency Preparedness Office.

Cantrell’s office argued that it was simply bad governance to turn public money into an unelected, unaccountable body. The FQMD argued that civilian patrols did not have the same authority or could not accomplish nearly as much as off-duty NOPD officers.

Cantrell eventually put her own plan on the ballot by refusing to sign an agreement to hand over the funds to the FQMD. When voters turned down this polling measure in December, the FQMD immediately began working with the city council to offer a new polling measure that matches their original plan and gives them full control over the funds.

The city council, which acted under its jurisdiction as the economic development district of the French quarter, voted for a new renovation measure for the vote on April 24th to restore the “quarter for the quarter”. Unlike the 2015 election that gave the Economic Development District control of the money, this would give the FQMD the authority to administer the funds. The Council voted to include the measure in the April vote of severe objections from the Cantrell administration.

$ 327,000 “withheld”

At Monday’s press conference, Cox pointed out the suspension of the French Quarter Task Force to prove that the FQMD should not be trusted in managing public funds.

“One of the reasons we’re out here is to correct the record. The FQMD is an organization that is not selected as number one. Number two, they are not directly accountable to voters. And number three, they showed voters in their actions yesterday that they couldn’t even manage private funds. So it’s foolish to think we should hand over money to [the FQMD]. ”

He said when the FQMD battled the December election, they said their reserves would allow them to continue funding the program until at least March.

“They told people,” Hey, there is no need to extend the quarter to the December quarter because we promise you that we will keep this task force going until the next vote, “said Cox.” It just wasn’t true.”

In an interview, FQMD chairman and Brennan’s general manager Christian Pendleton said that Cox’s statements grossly misrepresented what FQMD had promised. He said the FQMD had only promised to keep the program going as long as reserve funds were available, and estimated that it would come in March.

“I find it regrettable that the government continues to mislead New Orleans residents and citizens by providing inaccurate information,” he said. “Yes, we missed our goal, but we missed our goal by two weeks. We didn’t miss it for six months. “

Pendleton said the estimates were short in large part due to the resignation of the task force volunteer coordinator Robert Simms. Simms, who helped develop the task force with entrepreneur Sideney Torres, has been running the program for years as a volunteer. However, he resigned from this position at the end of 2020.

“Since he left as a volunteer, we’ve had to spend more money getting NOPD supervisors and OPSE to do things [Simms] to do earlier. That’s why our money has shrunk faster than we expected. When we spoke to voters in November and early December, we didn’t know Bob was going, and we didn’t know what the cost would be if he did. “

The FQMD also made allegations against the city this week. On Sunday, the day the task force was suspended, the FQMD sent out the press release claiming the city “withheld” $ 327,000 for additional patrols in the French Quarter. On Monday, Cox said that was just not true.

“I think it’s an attempt to mislead, unfortunately,” he said.

The $ 327,000 is what is left of the now-expired sales tax. The city stopped paying for these patrols last year. The money ever went straight to the FQMD, said Cox. In addition, the funds are controlled by the City Council in its capacity as the economic development district of the French Quarter.

“I mean, there is no way for the mayor’s office to withhold that money because it is not the mayor’s money,” said Cox.

Notwithstanding these disagreements, Cantrell appears willing to release at least some of this money to temporarily support the program.

“Right now we’re in the middle of a crisis,” said Cox. “Let’s do what needs to be done to get these patrols up and running tomorrow or the next day.”

Pelosi desires safety cash to face ‘enemy’ inside Home

by: ALAN FRAM, Associated Press

Posted: Jan 28, 2021 / 2:59 PM EST
Updated: Jan 28, 2021 / 2:59 PM EST

WASHINGTON (AP) – More money is needed to protect lawmakers from threats of violence by an “enemy” within Congress, House spokeswoman Nancy Pelosi, former President Donald Trump said Thursday.

The California Democrat told reporters she thought Congress needed to allocate more money “to create more security for Members when the enemy is in the House of Representatives, a threat that Members are concerned about.”

When asked what she meant, Pelosi said, “It means we have members of Congress who want to put guns on the ground and we have threatened other members of Congress with violence.”

Pelosi’s remarks underscored the high level of security concerns in Congress since the January 6 attack by Trump supporters on the Capitol, which resulted in five deaths. Lawmakers, including some who voted for Trump’s impeachment this month, have reported receiving threats.

The concern has taken on clear party-political undertones. Some Republicans have protested loudly against having to pass through newly installed metal detectors before entering the house’s chamber, while Pelosi has proposed penalizing lawmakers who bypass the devices.

Pelosi did not say who she was referring to by referring to an “enemy” within the home, and a spokesman did not provide examples when asked.

But first MP Marjorie Taylor Greene, R-Ga., Liked Facebook posts advocating violence against Democrats and the FBI. One post suggested shooting Pelosi in the head.

When asked to comment, Greene sent a written statement accusing Democrats and journalists of attacking her for “posing a threat to her goal of socialism” and for supporting Trump and conservative values. “They want to get me out because I represent the people. And they absolutely hate it, ”she said.

Earlier this month, the HuffPost website reported that Rep. Andy Harris, R-Md., Triggered a newly installed metal detector and carried a hidden weapon while attempting to enter the chamber of the house. Other Republicans have also spoken about gun carrying, which lawmakers can do, but not in the House or Senate.

Pelosi said she met on Thursday with retired Lieutenant General Russel Honoré, who is leading a security clearance of the Capitol.

She said he was examining ways to protect the legislature “in relation to her service here, his service home, her transport in between.” Legislators have already been told that they can get accounts for some security measures that they use for office expenses.

The campus was surrounded by fences and guarded by National Guard forces, and new internal security procedures were put in place, such as installing additional shielding devices.

The public is not allowed to carry firearms on Capitol grounds, but members of Congress can store weapons in their offices or transport them around campus when unloaded and securely packaged.

On Wednesday the Department of Homeland Security released a national terrorism bulletin warning of the possibility of increased violence by people motivated by anti-government sentiments following the election of President Joe Biden. The department did not cite any specific properties.

A Senate trial over the punishment of Trump is due to begin next month after his home was charged with inciting the Capitol riot.

Trump made arson attacks in front of a crowd of supporters that day and asked them to march towards the building. Legislators at the time officially confirmed Biden’s election victory, which Trump repeatedly and incorrectly attributed to fraud.