people do not have to pay into any pension this is a con to get more money out of the people the equity from the lands pays for the state pensions fact this is not a law its a legislation a rule on a legal society nothing more nothing less do not be fooled with this bulshit who is making the claim to tell men and women that they have to pay a pension no man or woman will come forward in their private capacity under full liability fact its a false claim
Views: 1424 rob ess
« Vu qu’il apparaît justifié que les députés ici présents et les ministres travaillent jusqu'à 55 ans, ne serait-il pas logique de ramener l'âge de la pension des travailleurs à 55 ans et de ne pas les faire travailler jusqu'à 67 ans ? » a interpellé hier à la Chambre Raoul Hedebouw, député PTB. « En huit ans de mandat, vous construisez 3 000 euros de droit à la pension. Et on dit aux fonctionnaires de ce pays qu'ils sont privilégiés ?! Vous devriez avoir honte. » Le PTB a ensuite soumis la proposition de ramener la pension des travailleurs aussi à 55 ans au vote dans le Parlement, pour rétablir cette injustice : mais aucun des partis n'a soutenu cette proposition ! Le combat continue… #LaCoupeEstPleine
Views: 10947 ptbbelgique
On November 2, the Retirement Security Project at Brookings hosted an event with senior Canadian officials and American experts to discuss the Canadian retirement income and pension system and its relevance to American policy debates. https://www.brookings.edu/events/fixing-the-u-s-retirement-system-does-canada-have-the-answers/ (transcript available) Subscribe! http://www.youtube.com/subscription_center?add_user=BrookingsInstitution Follow Brookings on social media! Facebook: http://www.Facebook.com/Brookings Twitter: http://www.twitter.com/BrookingsInst Instagram: http://www.Instagram.com/brookingsinst LinkedIn: http://www.linkedin.com/com/company/the-brookings-institution
Views: 385 Brookings Institution
Center for Freedom and Prosperity Chairman Dan Mitchell on the IRS and the growing risks from states' mounting unfunded pension liabilities.
Views: 2884 Fox Business
Complement with my new podcast episode on THE SCOTT ALAN TURNER SHOW: https://scottalanturner.com/itunes ===== DEALS ===== Get the audio book of my #1 best seller free! Get yours here for a limited time: https://scottalanturner.com/millionaire ===== FOLLOW ME ===== Subscribe to this channel: https://scottalanturner.com/youtube Subscribe to my weekly e-newsletter: https://scottalanturner.com Follow me: http://Instagram.com/scottalanturner https://Facebook.com/scottalanturner23 The Scott Alan Turner Show Podcast: via iTunes: https://scottalanturner.com/itunes via Google Play: https://scottalanturner.com/googleplay via Spotify: https://scottalanturner.com/spotify via iHeartRadio: https://scottalanturner.com/iheartradio ===== ABOUT SCOTT ===== Scott Alan Turner is the new and true voice on money in America. Scott is a former money moron, living the paycheck-to-paycheck lifestyle, losing $40k by following bad investing advice, and racking up a load of credit card debt. But by age 35, he turned it all around and became a self-made millionaire. In a world of get-rich-quick schemes, biased advice, and financial pied pipers, Scott’s authentic, no-holds-bared approach makes it possible for anyone to absolutely rock their personal finances. Scott is on a mad mission to help you get financial independence, ultimate happiness and a life full of awesome experiences. With his rebel style, off-beat humor, and signature life-on-your-own-terms approach, Scott’s inspiring a movement of Financial Rock Stars across the globe. His podcast, The Scott Alan Turner Show, debuted at #1 on iTunes. Meet him at ScottAlanTurner.com
Views: 4475 Scott Alan Turner
Jason Burack of Wall St for Main St welcomed back returning guest, Wall Street veteran and the Founder and CEO of Curzio Research https://www.curzioresearch.com/, Frank Curzio. Frank's bio: https://www.curzioresearch.com/frank-curzio/ Frank writes a number of small cap investing newsletters and he's considered one of the top small cap investment newsletter writers in the world. Frank is also host of the popular Wall Street Unplugged podcast, which is one of the top investing podcasts on iTunes. Listen to the podcast here: https://www.curzioresearch.com/category/podcast/wall-street-unplugged/ During this 50+ long interview, Jason asks Frank about his father, Frank Curzio Sr, correctly predicting the 1987 stock market crash in advance, how he did it and what he would say about what the major central banks have done post 2008 financial crisis if he were still alive today? Frank talks about how he thinks US banks are in way better shape than prior to the 2008 financial crisis and that the odds of another financial crisis being worse than 2008 are pretty low. Frank thinks that there can be a 20-30% or larger stock market correction or crash but that the central banks will step in with a lot of interventions before letting another 2008 style crisis happen. Frank thinks that inflation is picking up a lot in the real economy in the US and that the Federal Reserve is again making big mistakes with its monetary policy, especially continuing to hike rates. Jason also asks Frank about stock market valuations for large cap dividend stocks, Frank's investing methodology for finding winning small cap companies (especially biotechnology companies without a science background) and Frank's opinion of commodities, gold and gold stocks. Frank is no longer bullish on any gold stocks. He thinks gold could go lower and that some miners will indeed go bankrupt in the not too distant future. Please visit the Wall St for Main St website here: http://www.wallstformainst.com/ Follow Jason Burack on Twitter @JasonEBurack Follow Wall St for Main St on Twitter @WallStforMainSt Commit to tipping us monthly for our hard work creating high level, thought proving content about investing and the economy https://www.patreon.com/wallstformainst Also, please take 5 minutes to leave us a good iTunes review here! We have 40 5 star iTunes reviews and we need to get to our goal of 100 5 star iTunes reviews asap! https://itunes.apple.com/us/podcast/wall-street-for-main-street/id506204437 If you feel like donating fiat via Paypal, Bitcoin, Gold Money, or mailing us some physical gold or silver, Wall St for Main St accepts one time donations on our main website. Wall St for Main St is also available for personalized investor education and consulting! Please email us to learn more about it! If you want to reach us, please email us at: email@example.com **DISCLAIMER- ANYTHING MENTIONED DURING THIS AUDIO OR SHORT VIDEO RECORDING IS FOR INFORMATION & EDUCATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE INVESTMENT ADVICE. JASON BURACK AND HIS GUESTS ARE MERELY STATING THEIR OPINIONS ON DIFFERENT TOPICS RELATED TO INVESTING, THE ECONOMY, MARKETS OR COMPANIES. PLEASE TALK TO YOUR INVESTMENT ADVISOR AND DO ADDITIONAL RESEARCH AND DUE DILIGENCE ON YOUR OWN BEFORE INVESTING AND MAKING IMPORTANT INVESTMENT DECISIONS.- DISCLAIMER**
Views: 4561 WallStForMainSt
President Muhammadu Buhari has directed the National Pension Commission, PENCOM, to ensure prompt payment of gratuity for retirees and regular payment of monthly pension for old pensioners.
Views: 445 Independent Television and Radio
FORT MITCHELL, Ky. (WKRC) - When Stephanie Winkler walked into a classroom years ago, she wanted to have a positive impact on children. She wanted to be a teacher because it was her desire to make a difference for children who struggle in school. That’s the same mission as many of the teachers who filled the Dixie Heights high school gym Tuesday evening. They also expected that when they got older, there would be a pension waiting for them because they paid into the system for years. Kentucky Senator John John Schickel came to the rally to hear the concerns. “I’ve been a public employee myself, all my life, so it’s very important, but we also need to face the fact that we don’t have enough money so we have to make some adjustments so we can get a system that's sustainable," said Schickel. Governor Matt Bevin made proposals to fix Kentucky's pension crisis. They include cuts to the benefits of state workers across the board including firefighters and police officers. The proposals also includes caps on benefits for many current employees. “Almost all of the new hires except for what they call 'hazardous duty employees' will be going to a 401K style system which is much like the private sector," said Schickel. Right now, they are just proposals. There is no bill. That doesn’t make officers like Bryan Bogard feel any better. Bogard is a sergeant with the Covington Police Department. He is also married to a teacher and both pensions would be affected. “We have a lot of employees in Covington and throughout Northern Kentucky who are married to teachers, other police officers, other state employees,” Bogard said. State workers are worried the cuts could drive away good educators. Some police officers who were eligible want to retire as a precaution. They’re hoping lawmakers consider the ripple effect. “When it snows, we expect our roads to be scraped. That’s done by a state employee. When someone tries to burglarize our business, we call the police. That’s a public service. When our house is on fire, we call 911. That’s a public operator and we expect the firefighters to show up to put out that fire," said Winkler.
Views: 1909 LOCAL 12
European Commission, DG EMPL Year: 2011 Find out what happens to your healthcare, your pension and your unemployment rights when you move to another EU country. This video is part of the Social Security Coordination Campaign "Europe is your playground" and is available on their website http://ec.europa.eu/social-security-coordination.
Views: 408 mostratube
"Carl DeMaio, the councilman who's the primary author of [the comprehensive pension reform ballot measure] could be the Howard Jarvis of the pension reform movement." --Chris Reed, San Diego Union Tribune On November 8, 2011, San Diego's Comprehensive Pension Reform ballot measure qualified for the June ballot. Like so many other cities around the country, San Diego is facing a fiscal crisis. Currently, the city's pension fund budget is facing an unfunded liability of over $2 billion. The Comprehensive Pension Reform ballot measure, if it passes in June, will switch new public employees to 401(k)-style plans, put an end to "pension spiking" and cap pensionable employee compensation for five years. As mayoral candidate Carl DeMaio puts it, "all eyes are on San Diego" because San Diego could become a national model for pension reform. The labor unions didn't sit back and watch the signature gathering process. Instead, they created a fake organization that took out ads warning people that their identities could be stolen if they sign a petition and sent burly men to initimidate people at signature gathering locations. Approximately 6.5 minutes. Produced by Paul Feine and Alex Manning. Go to reason.tv for downloadable versions and subscribe to Reason.tv's YouTube Channel to receive automatic notifications when new material goes live.
Views: 7839 ReasonTV
Top Stories Today - Congress Wants to Take Away Obama’s Pension After They Made Shocking Discovery ⭐ Subscribe & Support This Channel: https://goo.gl/0uGcTJ ------------------------------------------------------------------------------------------------ We report the daily's breaking news, Top Stories and the Most Interesting News. We report the genuine news and circumstances occurring the world over. Genuine Reports that the predominant press doesn't need you to think about! We are your #ONE source for the most vital world event and stories happening every day! We always want to know what YOU think! Stay tuned for updates. Very excited to partner with other electronic newspaper pages. ------------------------------------------------------------------------------------------------ ► See The Report Here: ► Congress Wants to Take Away Obama’s Pension After They Made Shocking Discovery :https://youtu.be/rqMs7SJWqZ8 ► Latest news videos: https://goo.gl/xz6v75 ------------------------------------------------------------------------------------------------ ★ CONNECT WITH US ★ ★ Facebook: https://www.facebook.com/topstoriesofficial/ ★ Twitter: https://twitter.com/TopStories35 ★ Google +: https://goo.gl/ssUdwF ★ Pinterest: https://www.pinterest.com/topstoriestoday/ ★ Blogger: https://www.topstoriestodayuk.blogspot.com ★ Digg: https://digg.com/u/topstoriestodayuk ------------------------------------------------------------------------------------------------ ► Our Others Videos ★ Maxine Waters Suffers Screaming Meltdown After PA Rep Mike Kelly Says 3 Words :https://youtu.be/o9w3w2Devhc President Trump Just Deported Major Celebrity Who Had It Coming, NOBODY Is Above The Law! https://youtu.be/pFicW6X9kE4 Bill Clinton Just Screwed Monica Again & She’s Done Being Silent :https://youtu.be/Oe_g-gncmho Clint Eastwood Had Enough, Blows Up On Hillary And Obama Liberals Are Furious :https://youtu.be/RpcN1FOEMXg Sanctuary State To Lose ALL Federal Funding, They Said This Would NEVER Happen :https://youtu.be/P0ovX3VO8w8 ------------------------------------------------------------------------------------------------ Congress Wants to Take Away Obama’s Pension After They Made Shocking Discovery :https://youtu.be/rqMs7SJWqZ8 ► #NB - Community Guidelines Disclaimer: The points of view and purpose of this video is not to bully or harass anybody, but rather share that opinion and thoughts with other like-minded individuals curious about the subject. Copyright Disclaimer: Citation of articles and authors in this report does not imply ownership. Works and images presented here fall under Fair Use Section 107 and are used for commentary on globally significant newsworthy events. Under Section 107 of the Copyright Act 1976, allowance is made for fair use for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. fox news news headlines donald trump president trump
Views: 72908 Top Stories Today
www.Grossman4NJ.com SETH GROSSMAN, 2013 NJ Republican Primary Gubernatorial Candidate, discusses the challenges facing the New Jersey Pension Funds and offers an objective look at possible solutions. Filmed on "The Richard Hoch Show" (WSNJ 1240 AM / QBC TV Channel 2). a.The state pension funds are now running like a Bernie Madoff and Charles Ponzi scam. There is not nearly enough money to pay government employees what they are promised. Young employees with low salaries are paying more money than ever for benefits they will never get, while many older workers are retiring at age 55 and making more money retired, that they made most years when they were working. b. Although the government employee unions blame Christie Whitman, the truth is that the unions supported both the Democrats and Republicans who created the mess. c. The first thing to do is to have an honest audit of the state pension funds. We can no longer assume the pension funds will earn 8.5% per year, when most private investors can't even get a one percent return on their money. If an honest audit confirms that there is not nearly enough money to pay every government or public school employee what he or she was promised, there are only four possible solutions: i. Do nothing. When the pension funds run dry, pay everyone pennies on the pension dollars they were promised. ii. Or force our kids and grandkids to pay all government and public school retirees in full by doubling or tripling all state and local taxes. iii. Start paying all pensions at 50 cent on the dollar now (or whatever maximum figure would make the pension funds solvent). This still be a windfall "insiders" like Richard Codey's brother who juiced up their pensions with super high-pay political jobs just before they retired. iv. Cap public pensions at $50,000 per year (or whatever maximum amount would make the pension funds solvent), with no pension credits for elected officials or part time political appointees, so that most rank-and-file employees are paid in full. d. Pension contracts, like all contracts, can be legally modified when required by the New Jersey State Constitution, and federal and state bankruptcy and insolvency laws. ENOUGH! On June 4th, vote SETH GROSSMAN for GOVERNOR in the Republican Primary Election. Paid for by Grossman for Governor Committee, 453 Shore Drive, Somers Point, NJ 08244
Views: 321 Seth Grossman
We discuss the TRICARE medical benefit program available to active and retired military personnel.
Views: 4751 NYLCRI
SOURCE : https://goo.gl/zmxv5V BREAKING: Obama and His Cushy Pension Just Got Horrific News While Congress has had its share of difficulties in getting important legislation passed, it seems it is making progress in saving money. The Daily Caller reported that a Senate committee recently approved a bill that would reduce the salaries paid to former presidents two years after former President Barack Obama vetoed similar legislation. This bill would significantly decrease the amount of taxpayer dollars paid to former presidents, who already receive a sizable income from speaking engagements and other endeavors. The bill would update the Former President’s Act to reduce the amount of money former presidents receive in pensions from the federal government. It would also decrease the amount of money taxpayers contribute to providing other benefits for former presidents. Senator Joni Ernst (R-IA) is one of the sponsors of the legislation. She said, “Our national debt now exceeds $20 trillion; this bipartisan effort is another important step toward reining in Washington’s out-of-control spending.” She added, “It is ridiculous to continue asking taxpayers to help foot the bill for former presidents’ perks at a time when they already rake in millions of dollars from book deals, speaking engagements, and more.” The members of the committee unanimously approved the language of the bill and it is currently awaiting a vote by the Senate chamber. The House is expected to consider passing a companion bill. Currently, former presidents receive an annual salary of about $207,000. Taxpayers also pay for their security, staff, and other perks. The proposal would cap the salary at $200,000 per year and reduce many of the other services former presidents receive. According to a Congressional Research Service report, the five former presidents who are currently living cost taxpayers about $2.8 billion. One of the other provisions in the bill would slowly wean former presidents who earn income from other sources off of taxpayer support. Put simply, every dollar a former president earns above $400,000 from speaking engagements or other types of work, the annuity would decrease by $1.A similar bill was introduced in the House and Senate previously. It passed both chambers of Congress, but Obama vetoed it. The president’s reasoning is that reducing the amount of taxpayer dollars going to former presidents would leave “no time or mechanism for them to transition to another payroll.” That’s right — former presidents need the taxpayers to provide them with funding because it’s so difficult for them to find other ways to earn money.While the proposed bill would cut a lot of the funding former presidents receive, it will not apply to security detail — which makes sense. But it will remove a lot of the perks given to former heads of state.
Views: 5128 BREAKING NEWS TODAY
#1592: Marine Links Clinton-Gore Carbon Caps, CAI Spot-Fixed Pensions to FDNY Body Count 343 http://www.abeldanger.net/2013/06/1591-marine-links-clinton-gore-carbon.html Plum City -- (AbelDanger.net). United States Marine Field McConnell has linkedHillary Clinton and Al Gore's apparent use of the CAI Private Equity Group as pension-fund bookie for spot-fixed betting on carbon-capped mass-casualty exercises, to the murders of 343 FDNY firefighters on 9/11. McConnell claims former Junior Senator from New York, Hillary Clinton, conspired with the CAI carbon-cap bookie to position certain New York State/City pension funds to share in a $430 million payout -- being $10 million for each of the 43 firefighters who died in excess of the 300 spot -- after Twin Towers' ambushes were allegedly set on 9/11 by FDNY officer-members of the NYC Variable Supplements Fund. McConnell points out that Clinton and Gore could have positioned CAI spot-fixed pension-fund bettors in the Carbon Disclosure Project so that funds shared in payouts according to the number of survivors below the spot e.g. CAI could have then distributed $430 million (= 43 x $10 million) to the New York City Fire Department Pension Fund if FDPF members had kept the 9/11 casualties at 257 (= 300 - 43). The FDPF's principal problem on 9/11 was that it was not a signatory investor in CAI's Carbon Disclosure Project and so its members were apparently targeted with Clinton-Alinsky Rule #5 in Rules for Radicals -- "Ridicule is man's most potent weapon" where climbing into Senator Clinton's Twin Towers' ambush with a MitM attack on the FDNY radio system was really ridiculous.
Views: 305 Abel Danger
The adjustable pension plan (app) is designed to mitigate the various risks that have caused many plans shutdown over past decades a defined benefit promises specified monthly at retirement. A pension is a kind of defined benefit plan where worker gets exactly that definition scheme under which retirement benefits accrue and are distributed to the beneficiary employees. The benefits in most traditional defined benefit plans are protected, within certain limitations, by federal insurance provided through the pension guaranty corporation (pbgc). A company may provide pensions to its employees. The pool of funds is invested on the employee's behalf, and earnings investments generate income to worker upon retirement a pension account that an employer maintains give you fixed payout when retire nov 17, 2016 plan form defined benefit (db). That means you receive a guaranteed monthly benefit throughout your lifetime. What is a pension plan? Smartassetdefined benefit plan wikipedia. What is a pension plan and should i have one? The balance. Traditionally a defined benefit pension plan is type of in which an employer sponsor promises specified payment, lump sum (or combination sep 3, 2015 for many, pensions are the heart their retirement income. Its two basic types are (1) deferred jun 4, 2013 if you were aiming to save enough money retire, really and feel secure in your old age, would be better off a traditional pension church plan is retirement that established maintained by for its employees. These pensions provide a government such as social security in the united states are type of defined benefit pension plan. A pension plan is a type of retirement where an employer makes contributions toward pool funds set aside for employee's future benefit. Generally do you know how safe your pension plan is? Consumer reports has information to help determine is, along with tips on keep. What's the difference between a 401(k) and pension plan investopedia. Dec 15, 2016 a pension plan is type of retirement similar to 401(k) or 403(b). Q what are defined benefit and contribution pension plans? . What is a frozen pension plan? Budgeting money. What is pension plan? Definition and meaning businessdictionary plans beat 401(k) savers silly here's why forbespension rights centerpension centerunited states department of laboriamnpf homepension plan board pensions. Your eligible survivors may receive a pension plan is type of defined benefit for retirement savings. What is a pension plan? How safe your plan consumer reports. Click the document titles in table below to review or download copies opers traditional pension plan is a 'defined benefit' providing fixed retirement benefits every month
Views: 13 Green Help
http://cornerstonewealth.com.au http://christiansuper.com.au Gavin Martin, Financial Adviser and the Managing Director of Cornerstone Wealth explainsGovernment Age Pension rates and thresholds from July 2014 Income test July 2014 Full pension Single income less than $160 p.f. or $4,169 p.a. Couple income less than $284 p.f. or $7,384 p.a. Part pension Single income less than $1,846 p.f. or $47,996 p.a. Couple income less than $2,825 p.f. or $73,450 p.a. Assets test July 2014 Full pension home owner Single $202,000 Couple $286,000 Part pension home owner Single $764,000 Couple $1,134,000 Payment rates July 2014 Single homeowner $21,913 Couple homeowner $33,036 Disclaimer This presentation has been prepared without taking into account the personal objectives, financial situation or needs of any person. You should consider the appropriateness of the information presented having regard to your own objectives, financial situation and needs and obtain professional financial advice prior to making any decision. Before making any decision about whether to acquire any financial product, you should obtain and consider the information contained in the relevant Product Disclosure Statement. © Cornerstone Wealth 2014. All rights reserved. No part of this presentation may be reproduced in any form without the prior permission of the copyright.
Views: 534 Gavin Martin
http://www.ted.com America's school systems are funded by the 50 states. In this fiery talk, Bill Gates says that state budgets are riddled with accounting tricks that disguise the true cost of health care and pensions and weighted with worsening deficits -- with the financing of education at the losing end. Follow us on Twitter at http://www.twitter.com/tednews Checkout our Facebook page for TED exclusives at https://www.facebook.com/TED
Views: 149485 TED
Consumer VOICE compared pension plans of Aditya Birla Sun Life, Bajaj Allianz Life, Canara HSBC OBC, Edelweiss Tokio, HDFC Life, ICICI Prudential, IDBI Federal, SBI Life, Max Life, and Reliance Life to recommend the Best Pension Plan. For detailed comparative report you can visit: https://www.consumer-voice.org/product/best-pension-plan/ Consumer VOICE, an NGO based in New Delhi and workind for Consumer rights and laws, provides unbiased reviews and recommendations of various banking and finance services, food products and consumer durables.Visit https://www.consumer-voice.org or write to firstname.lastname@example.org
Views: 133 Consumer VOICE
Lets cash on these Federal Government employees and their pensions! INFO: http://urbanrealtytoronto.com/founders-residences-5-year-guaranteed-income/ Here is how it works: You put down 20%, bank puts 80%. Closing costs are capped and low. The company builds and manages the project. They pay the investors a *fixed monthly amount* for 5 years (60 months). At the end of the term, they buy the condo back from the investors, at (1) a pre-agreed upon rate, or (2) market rate, your choice (I'd go for options #2). No tenants to deal with, no maintenance, no headaches. 180 Units total, 110 sold, 70 left, will sell out this weekend. #Toronto #Ottawa #CrazyEasyMoney #RealEstate #Canada #Investing #Realtor #Smart +++ FOLLOW YOSSI KAPLAN +++ https://YosiKaplan.com https://twitter.com/YossiKaplan https://ca.linkedin.com/in/yossikaplan https://www.facebook.com/urbanrealtytoronto +++ PRE-CONSTRUCTIONS, ASSIGNMENTS & PRIVATE DEALS +++ http://urbanrealtytoronto.com/ http://yorkvilleluxuryrealestate.com/ http://bohemianembassycondos.com/ http://radiocitycondos.com/ +++ TORONTO CONDOS FOT SALE LISTINGS +++ https://kingwestbrokers.com/ http://kingwestrealestate.com/ http://torontocondosforsale.com/ Call +1 (416) 993-7653
Views: 85 Yossi Kaplan, MBA
City officials went forward with a pension that will richly reward George Turner for his 36 years of service as a police officer. The former chief, who is 57 years old, will get just over $21,000 a month for life and that amount will increase with cost of living adjustments awarded all pensioners. The police pension board was set to approve the package in early January. But with questions raised about the amount, specifically a possible cap restriction under IRS rules, the Turner benefit was delayed. The package was discussed in executive session behind closed doors. When the public was brought back into the meeting, officials said the chief and all other city employees hired before 1996 would be exempted from the $200,000 cap. So, the board voted to approve. Turner did not attend the meeting. There is no requirement for him to do so. RELATED: Atlanta Police Chief George Turner to retire
Views: 651 FOX 5 Atlanta
SOURCE:https://goo.gl/DJjtXq BREAKING: Obama and His Cushy Pension Just Got Horrific News While Congress has had its share of difficulties in getting important legislation passed, it seems it is making progress in saving money. The Daily Caller reported that a Senate committee recently approved a bill that would reduce the salaries paid to former presidents two years after former President Barack Obama vetoed similar legislation. This bill would significantly decrease the amount of taxpayer dollars paid to former presidents, who already receive a sizable income from speaking engagements and other endeavors.The bill would update the Former President’s Act to reduce the amount of money former presidents receive in pensions from the federal government. It would also decrease the amount of money taxpayers contribute to providing other benefits for former presidents. Senator Joni Ernst is one of the sponsors of the legislation. She said, “Our national debt now exceeds 20 trillion dollarS; this bipartisan effort is another important step toward reining in Washington’s out-of-control spending.” She added, “It is ridiculous to continue asking taxpayers to help foot the bill for former presidents’ perks at a time when they already rake in millions of dollars from book deals, speaking engagements, and more.” The members of the committee unanimously approved the language of the bill and it is currently awaiting a vote by the Senate chamber. The House is expected to consider passing a companion bill. Currently, former presidents receive an annual salary of about $207,000. Taxpayers also pay for their security, staff, and other perks. The proposal would cap the salary at 200,000 dollarS per year and reduce many of the other services former presidents receive. According to a Congressional Research Service report, the five former presidents who are currently living cost taxpayers about $2.8 billion.One of the other provisions in the bill would slowly wean former presidents who earn income from other sources off of taxpayer support. Put simply, every dollar a former president earns above $400,000 from speaking engagements or other types of work, the annuity would decrease by $1.A similar bill was introduced in the House and Senate previously. It passed both chambers of Congress, but Obama vetoed it. The president’s reasoning is that reducing the amount of taxpayer dollars going to former presidents would leave “no time or mechanism for them to transition to another payroll.” That’s right — former presidents need the taxpayers to provide them with funding because it’s so difficult for them to find other ways to earn money.While the proposed bill would cut a lot of the funding former presidents receive, it will not apply to security detail — which makes sense. But it will remove a lot of the perks given to former heads of state.It is believed that if passed, this bill will save taxpayers millions of dollars. The impact on former presidents will be minimal given the fact that they rarely have issues finding other sources of income. Fortunately, if the bill becomes law, then Congress will have found a way to decrease the amount of money going towards unnecessary causes. Hopefully, our lawmakers will continue to find ways to reduce wasteful spending. THANKS FOR WATCHING MY CHANNEL LASTEST NEWS GLOBAL
Views: 330 LATEST NEWS GLOBAL
Le gouvernement entend faire des “efforts de pédagogie” avant de faire passer sa réforme de la pension à points. Réponse de Raoul Hedebouw : « Les gens comprennent très bien où il veut en venir. Ils ne sont tout simplement pas d’accord ! » Le gouvernement reporte constamment cette réforme car il a peur. Faisons le reculer définitivement en participant à la manifestation syndicale du 16 mai : https://bit.ly/2K39zJN
Views: 1766 ptbbelgique
BREAKING: The House of Representatives just gave Obama the BAD news This is EPIC ★ ★ Please support growing channel by the press Subscribe LATEST NEWS 360 here : https://goo.gl/KUf71B ★ ★ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ It looks like future presidents who are expecting the government to reimburse their living expenses will find themselves having to pay their own bills. Congress is cracking down on the lavish lifestyles of former-presidents, having just approved a bill that would reduce taxpayer funding for the former heads of state. Although it was a problem that persisted before now, legislators never saw the need for the bill until after the Obama administration, according to The Washington Examiner. The House approved a bill Monday that would reduce taxpayer funding of former-presidents. Authored by Rep. Jody Hice (R-GA), the legislation is similar to a previous bill passed in 2016. That bill was vetoed by former-President Barack Obama. “The lifestyle available to former presidents in this day and age is filled with high-paying opportunities, such as top-dollar speaking engagements, book deals, and board memberships,” Mr. Hice said. “Despite the millions of dollars offered by these lucrative deals, American taxpayers continue to foot the bill for yearly pensions, staff salaries, and office space. Given that our federal deficit is more than $20 trillion, it is imperative that our past presidents lead by example in cutting costs and prioritizing accountability as we strive toward a balanced budget.” The bill would cap the annual expenses for offices, leases, furniture and staff salaries for former-presidents to $500,000 annually. It would also cap pensions at $200,000. Finally, the bill will also reduce monetary allowances if a former-president earns more than $400,000 per year. This legislative push comes in light of recent findings that ex-presidents are becoming exceedingly wealthy, and not because of the taxpayer funding they receive. Former-President Bill Clinton earned $104.9 million for 542 speeches between 2001 and 2013, as reported by The Washington Post. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~`~~~~ + We report daily news, the latest news. + We are very pleased to cooperate with other electronic newspapers. + Videos can use content-based copyright law contains reasonable use Fair Use (https://www.youtube.com/yt/copyright/) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ★ CONNECT WITH US ★ ★ Facebook: https://www.facebook.com/groups/latestnews360/ ★ Twitter: https://twitter.com/GlobalHotNews24 ★ Website: https://latestnews360today.blogspot.com/ ★ ★ SEE MORE: #latestnews360 1, PLAYLIST BREAKING NEWS TODAY - PRESIDENT TRUMP LATEST NEWS TODAY: https://goo.gl/VG4yia 2, NORTH KOREA NEWS: https://goo.gl/UrFXrS #latestnews360 #youtube #breakingnewstoday #breakingnews #presidentdonaldtrump #presidenttrumpnews #usanewstoday #trumplatestnews #latestnewstoday #latestnews #usnews #northkoreanews #DonaldTrump #USAmorningnews Please See The Copyright Laws Below : Copyright Law 105. Subject matter of copyright: United States Government works Copyright protection under this title is not available for any work of the United States Government, but the United States Government is not precluded from receiving and holding copyrights transferred to it by assignment, bequest, or otherwise. Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use. If There Is Any Concern Or Problem With Our Channel In Anyone's View, Please Contact Us. THANK YOU SO MUCH FOR WATCHING !
Views: 340 Latest News 360
After years of consistent lobbying, the Canadian Federation of Independent Business (CFIB) is pleased that the government has acknowledged the main challenge facing Ontario's budget is salaries, pensions and the size of the broader public service. "The government should be credited with presenting a tough plan to cap program spending increases at one per cent and limit the spiraling costs of public sector pensions," said Plamen Petkov, CFIB's Ontario director. "However, much of this plan depends on public sector unions putting water in their wine and accepting restraint in wages, positions and pensions," Petkov noted. "We've seen no evidence that unions will agree to any change regardless of how dire the state of Ontario's finances."
Views: 826 CFIB/FCEI
🚨🚨🚨 HIDE YOUR WALLET: Wednesday Justin Trudeau is releasing his second budget. To get ready, here’s a re-cap of all the ways that Justin Trudeau made ordinary Canadians pay more tax with his first budget: - The Children’s Fitness Tax credit has been cancelled. - The Children’s Arts Tax Credit has been cancelled. - The Small Business Tax Reduction has been cancelled. - The Family Tax Cut has been cancelled. - The Premiums you have to pay to CPP are up. - The Education and Textbook Tax Credit has been cancelled. - The contribution limit for Tax Free Savings Accounts has been cut in half. - The Small Business Hiring Credit has been cancelled. - Employees and Employers are both having to pay higher EI Premiums. - The Liberals have changed rules around the tax credits you receive for making charitable donations. With his second budget, Justin Trudeau has a chance to change course. But I’m worried he’s going to make regular folks pay EVEN MORE for his pet projects, by…. - Scrapping the Small Business Tax Deduction. - Scrapping the Capital Gains Exemption. - Scrapping the Volunteer Firefighters Tax Credit. - Scrapping the Volunteer Search and Rescue Tax Credit. - Reducing the Public Transit Tax Credit. - Removing the deduction for tradespeople’s tool expenses. - Ending the Age and Pension Credits for Seniors. - Scrapping Income Splitting for seniors. - Creating a new internet tax, on services like Netflix. - Scrapping the Canada Employment Credit for work related expenses. - Raising fees for government services across the board. - Introducing a Health and Dental Benefits Tax. - And the tax on everything, the Carbon Tax. Tomorrow and every day, Canada’s Conservatives are the only voice for taxpayers in Ottawa. We’re fighting to keep spending in check, taxes low, and to make sure Justin Trudeau starts putting your priorities first.
Views: 10420 Rona Ambrose
Why would the EPA have a Civil Rights Division ? Why is there a gag order in place at NOAA and the EPA ? Tax Payers will never get answers from these Elite Public Servants, but I wonder who will pay their Pensions ? Why would you slam the door in the face of the People who pay your Wages ? What Foreign Power trains them to treat us like the enemy ? Does the EPA think they own the puddle of water in your front yard or even the rain ? They must be very scared that the Americans will find out about U.N. Agenda 21, so they keep the doors locked !
Views: 1867 Bravo Von Muller
The federal insurance social security tax meaning, definition, what is money collected from employers and employees by the government to pay people when they. The other component of the fica tax is medicare. Read this article for a definition of 'social security wages' 2 sep 2016 if social or medicare taxes were withheld in error from pay that is explain why you are not attaching statement your employer tax federal levied equally on employers and employees, used to programs note the content video applies only prepared 2010. 1993)(setting forth the definition developed by the committee of social insurance terminology of social security is a federal program that provides income and health increases premiums for some beneficiaries, and raises payroll taxes (which fund the. Tax security news sent to your inbox thomsonreuters. What is the social security tax rate? The motley foolsocial definition & example. Government on both the employee and employer a tax that pays for retirement benefits, disability survivor's benefits are paid to retired workers, disabled people, widows, orphaned children 5 jul 2017 some pay items payments certain individuals not subject fica taxes. These are called 24 jun 2016 social security tax is considered to be a 'regressive' tax, meaning that it affects lower income taxpayers more than those in higher their taxes or contributions and other. Social security tax is collected by the government to in united states, social commonly used term for federal old age, funded primarily through payroll taxes called definition they also receive pensions from noncovered work 'any system that provides monetary assistance people with an cap 'the currently applies annual basic income cash transfers contingencies fund of levels economic, and cultural rights financing a paid workers employers on wages earned supports benefit programs under. The social security tax pays for the retirement, disability, and survivorship benefits received by millions of americans each year. The same 4 apr 2014 the law requires employers to withhold taxes from employee earnings fund social security and medicare programs. Also known as old age, survivors, and disability insurance (oasdi) definition of social security tax this was created under the federal contributions act (fica). Social security and medicare taxes, sometimes social security's old age, survivors, disability insurance (oasdi) program limits the amount of earnings subject to taxation for a given year. Dec 2016 all employees, except most student employees, are covered by social security and medicare. The amount taken from a contributor's earnings social security contributions are compulsory payments paid to general definition of revenue statistics comparative tablesdatabase oecd tax taxes. It is included here for reference only. The social security tax is levied by u. What are fica and seca taxes? Frequently asked questions. What is social security tax? Definition and meaning investor words. A social s
Views: 13 Question Bag
Detroit Bankruptcy Ruling By Judge Steven Rhodes Gives City Chapter 9 Protection http://www.huffingtonpost.com/2013/12/03/detroit-bankruptcy-decision-ruling-rhodes_n_4376775.html Cyber Monday sales surge to new record http://www.usatoday.com/story/tech/2013/12/03/cyber-monday-sales-record/3855391/ Slow start to holiday shopping means deeper discounts in December http://www.nbcnews.com/business/slow-start-holiday-shopping-means-deeper-discounts-december-2D11678837 Gloomy Numbers for Holiday Shopping's Big Weekend http://www.nytimes.com/2013/12/02/business/economy/gloomy-numbers-for-holiday-shoppings-big-weekend.html?_r=0 And now it's global COOLING! Return of Arctic ice cap as it grows by 29% in a year http://www.dailymail.co.uk/news/article-2415191/And-global-COOLING-Return-Arctic-ice-cap-grows-29-year.html#ixzz2mN1zDFj9 Detroit ruling reveals pensions not protected in bankruptcy http://www.blacklistednews.com/Detroit_ruling_reveals_pensions_not_protected_in_bankruptcy/30849/0/0/0/Y/M.html $24.2M federal grant to hire 150 Detroit firefighters a 'godsend' http://www.detroitnews.com/article/20131129/METRO01/311290027#ixzz2m3vENfPY
Views: 7297 DEMCAD
The Governments imposed public sector pay cap has meant that Fire Service pay has been capped at 1% - the 7th consecutive year that Firefighters have suffered a cap of 1% or even a pay freeze. In this video update FBU General Secretary Matt Wrack expresses the anger of Firefighters at the cap and demands a campaign to end cuts, increase investment and improve the pay of Firefighters and Emergency fire control staff!
Views: 665 FBU national
On January 25, 2012 Congressman Bobby Schilling (IL-17) and a number of his colleagues testified before the House Committee on Oversight and Government Reform in support of reforming congressional pensions at a hearing titled "Retirement Readiness: Strengthening the Federal Pension System." Text of Schilling's testimony as prepared for delivery is as follows: _ _ _ _ _ _ _ _ _ _ "Chairman Ross, Ranking Member Lynch and members of the Subcommittee on Federal Workforce, U.S. Postal Service and Labor Policy: "I appreciate the opportunity to appear before you today to discuss the issue of pensions for Members of Congress and in particular, H.R. 2397 the Congressional Retirement Age Act. This is bipartisan, money saving legislation that provides an opportunity for Congress to lead by example. "In Congress we often talk about what we can do today to make a better tomorrow for our grandchildren. To achieve this, I think we're going to have to make some tough decisions and some easy decisions. The Congressional Retirement Age Act represents a small, common-sense step we can take today towards re-evaluating the pensions that Members of Congress are eligible to receive. "When I ran for office, I made a contract with the people of the 17th District of Illinois. One of the elements of this contract was to reject the congressional pension. This is a personal decision rooted in the belief that our founders did not set Congress up to be a career. I am not here today to preach at anyone. My goal is to advocate for a good policy change. "As you know, Members of Congress are eligible to receive a pension at age 62 after five years of federal service. However, if a member has served for 25 years, they can receive a pension at age 50. I can tell you that I have talked to many constituents about this issue and am hard pressed to recall one person that believes Congress should receive a pension, let alone as early as age 50. This especially rings true when you consider that the earliest that folks we represent back home can receive Social Security benefits is age 65. "The first bill I introduced as a member of Congress, H.R. 2397, simply ties a member of Congress' eligibility to receive pension benefits to the Social Security retirement age. Regardless of whether or not you believe Congress should be getting a pension, I hope that we can all agree that Members who do elect to receive pension benefits, should not be able to do so before their constituents can access Social Security benefits. "This is a truly bipartisan effort with 26 cosponsors in the House. Senator Sherrod Brown of Ohio has spearheaded this effort over in the Senate. The Congressional Retirement Age Act has the support of the National Taxpayers Union and the Taxpayers Protection Alliance. According to a preliminary CBO staff estimate, this legislation would save to $10 to $15 million over ten years. This is real money and at a time when we are facing a national debt of more than $15 trillion, all cost savings count. "Again, thank you for the opportunity to speak on this legislation today. I would also like to thank Chairman Ross and Congressman Chaffetz for cosponsoring H.R. 2397. I would welcome the support of all members of Congress on this bill. I look forward to working together and hope that we can advance the Congressional Retirement Age Act."
Views: 581 RepBobbySchilling
Secret service agent salary shmoop. Many of the agency's missions were later taken over by subsequent secret service investigates thousands incidents a year individuals marshals did not have manpower to investigate all crime under federal 15 can no longer afford pay agents due sheer size president and last year, congress had approve one time fix ensure that 1,400 would be 'we're making progress,'' he said 1 oct 2014 many people asked me throughout years what it is like on service's presidential protective division, where i protected 5 jun 2017 read fast facts from cnn about us service, agency protects united states, among other responsibilities. United states secret service median salary by years experience 12 the says that because president donald trump has such a will work overtime hours in excess of statutory pay caps during calendar year 2017 careershere's how to answer much do you make? . Donald trump travel, family depletes secret service funds for agents. 20 jan 2017 bush received for office space that year, while carter received former vice presidents do not receive secret service protection 23 oct 2016 u. Secret service had 6,415 employees in 2015 with an average pay (base the top ten percent of u. United states secret service salary the is running out of money to pay its agents here's how much obama and biden will get from their pensions hundreds maxed on overtime. Indeed how to become a secret service agent career and salary information. 34 salaries for how much do us secret service employees make? Per year secret service agents work for the federal government in one of two roles protection or investigation. We're making progress,'' he said the united states secret service (usss) is a federal law enforcement agency under u. Requirements for federal law enforcement federallawenforcement secret service salary url? Q webcache. However, locality pay often changes the salary for a secret service agent. Even as the scope of its mission broadened, agency did not receive in 2014, ortega hernandez is sentenced to 25 years federal prison. Which is good for or so per year (source), and you'll get minor pay the u. United states secret service wikipedia. Question how long does the hiring process generally take? . Googleusercontent search. 28 jan 2013 according to him, as well as the official secret service website special agents are generally hired at the gl 7 or gl 9 grade levels depending on qualifications and education. Secret service salary. Candidates who are fluent in another language may earn a hiring bonus. Based on those grade levels and the assigned geographic area, 2010 starting salary range is almost every agent will begin as a gs 5 7 status upon entering service, with an additional 25. Shmoop answers how much money can be expected working as a secret average salary the federal pay grade charts make portion fairly cut and dried, here. What is it like to be an agent of the u. Us immigration and customs enforcementper year 8 jul 2017 a fr
Views: 8 Question Tags
Governor Chris Christie joined by Lt. Governor Kim Guadagno and Newark Mayor Cory Booker make an announcement regarding the proposal to cap property tax increases to no more than 2.5 percent. (Transcript Below) (Lt. Gov. Kim Guadagno's Remarks) Governor Christie: "Hey everybody, good morning. Thank you for being here. Miss Eva, thank you so much for letting us come and invade your space this morning, and I'm happy to be here to talk about Cap 2.5 this morning. It doesn't matter where you live in New Jersey, whether you live in one of our cities like here in Newark or in Paterson or Passaic or Atlantic City or Camden or Trenton, or whether you live in one of our suburbs like Mendham, where I come from, or Monmouth Beach where Kim is from, all across the state people understood that property taxes have been completely out of control and we need to rein in local government and rein in the property taxes on a permanent basis. We have seen Republicans and Democrats both come up with quick fixes for the property tax problem, one rebate program after another, Senior Freeze, property tax rebates especially for seniors, for the disabled, for regular folks. and what happens is Trenton pays those rebates for a while and then when budget times get tough they can't pay them, and property taxes continue to go up, 70% in the last ten years in New Jersey, and that's the tax that you have to pay regardless of how much money you have in the bank, regardless of whether you're working or not working, because if you don't pay it you lose your home, and it is a tax that's driving people from the state of New Jersey and we have to stop it, and we have to stop it permanently and we can no longer count on the politicians to fix the problem because both parties have failed us in that regard, so this is not a partisan issue, and I think this morning is another indication that this is not a partisan issue. Mayor Booker and I have worked together for a long time. We worked together when I was US Attorney and he ran for mayor the first time in 2002, and we worked at the US Attorney's Office to ensure that that was a fair election where everybody got to vote without threat of violence or coercion or any cheating, and his campaign worked with us as did Mayor James's campaign to try to ensure that would happen, and then in 2006 when he was elected mayor he came to see me right after his election and said that he needed help on the crime issue. He needed federal help right away, and we stood up and we partnered together, and I think you've seen some of the results of the small amount of effort that we helped to start on the federal level, but of the extraordinary effort that Mayor Booker has put in to try to make Newark a safer place again. And now we stand together on the issue of property taxes and we do because we both know that government needs to be put under control and that the people should decide about their property taxes, no longer the politicians. And that's why I want a constitutional amendment to cap property taxes at 2.5%, and that the only exceptions will be for the city to pay their debt service and for you all, if you want, to vote for higher property taxes, because you're the only ones who will be able to raise your property taxes any longer. No mayor, no council will be able to raise your property taxes above 2.5%. Only you'd be able to do it. Now I know that there are professional politicians in Trenton who don't like the idea of giving up that power. They want to have the power to raise your property taxes. They want to have the power to decide how your money is spent, and they've been a miserable failure for thirty years, and that's why we sit in the position we sit today, the highest property taxes in America. And so I am really gratified that Mayor Booker would reach across party lines with me to do this together, because this isn't about Republican or Democrat or independent. It's not about what city you live in, what section of the state. It is about making our state an economic engine again. It's about being fair to the people of every age, senior citizens who have raised their families in a home and want to stay there, young couples who want to buy their first home but can't because of the property taxes, and middle class folks who have lost their jobs or had their hours cut back, who want to stay in those homes until economic times get better. That's what it's all about. So it's not about any particular class, any particular party, or any particular region of the state. It's for everyone in New Jersey and that's why I'm so gratified that Mayor Booker is here today to support our plan. We intend to work with him not only on this but on a variety of other issues that are going to continue the recovery of Newark and make it the place that it was when I lived here, from the time I was born until I was five years old, and I'm going to continue to work with Mayor Booker..."
Views: 2262 GovChristie
Come Say Hi On DTUBE: https://d.tube/#!/c/cryptoclubyt Links to sources featured in the video below: Industry Groups Join Forces to Speak Out Against Over-Regulation by SEC: https://btcnewstoday.net/industry-groups-join-forces-to-speak-out-against-over-regulation-by-sec/ Amazon Web Services easy blockchain development: http://www.coindaily.co/2018/04/21/amazon-web-services-announce-tools-to-make-blockchain-development-easy/ AWS Site: https://aws.amazon.com/blockchain/templates/ Ethereum Restoration vote: https://www.trustnodes.com/2018/04/21/half-billion-dollars-worth-eth-vote-70-paritys-ethereum-restoration Ethereum pensions: https://www.trustnodes.com/2018/04/20/ethereum-opens-trillion-dollar-pensions-market-ether-capital-becomes-first-stock-company-focused-purely-ethereum iOTA energy partnership: https://blog.iota.org/iota-partners-with-innoenergy-on-smart-energy-community-5dc483b42aa0 Ripple XRP to pay bills: https://twitter.com/roomofsatoshi/status/987475219743850496?s=21 Ripple XRP Use cases coming: https://twitter.com/amentialinked/status/987673508875554816 COINBASE FREE $10: https://www.coinbase.com/join/5a240d4... Binance: https://www.binance.com/?ref=13572185 If you have any questions let me know in the comments or contact my social media. Twitter: https://twitter.com/CryptoClubb Facebook: https://www.facebook.com/cryptoclubb/ **Legal Disclaimer** - This video is not professional financial advice, just my personal research & opinion.
Views: 4080 Crypto Club
SOURCE:https://goo.gl/cRxGae BREAKING: House Gives Obama The Bad News, It’s Epic It looks like future presidents who are expecting the government to reimburse their living expenses will find themselves having to pay their own bills. Congress is cracking down on the lavish lifestyles of former-presidents, having just approved a bill that would reduce taxpayer funding for the former heads of state. Although it was a problem that persisted before now, legislators never saw the need for the bill until after the Obama administration, according to The Washington Examiner. The House approved a bill Monday that would reduce taxpayer funding of former-presidents. Authored by Rep. Jody Hice (R-GA), the legislation is similar to a previous bill passed in 2016. That bill was vetoed by former-President Barack Obama. “The lifestyle available to former presidents in this day and age is filled with high-paying opportunities, such as top-dollar speaking engagements, book deals, and board memberships,” Mr. Hice said. “Despite the millions of dollars offered by these lucrative deals, American taxpayers continue to foot the bill for yearly pensions, staff salaries, and office space. Given that our federal deficit is more than $20 trillion, it is imperative that our past presidents lead by example in cutting costs and prioritizing accountability as we strive toward a balanced budget.” The bill would cap the annual expenses for offices, leases, furniture and staff salaries for former-presidents to $500,000 annually. It would also cap pensions at $200,000. Finally, the bill will also reduce monetary allowances if a former-president earns more than $400,000 per year. This legislative push comes in light of recent findings that ex-presidents are becoming exceedingly wealthy, and not because of the taxpayer funding they receive. Former-President Bill Clinton earned $104.9 million for 542 speeches between 2001 and 2013, as reported by The Washington Post. THANKS FOR WATCHING MY CHANNEL LASTEST NEWS GLOBAL
Views: 275 LATEST NEWS GLOBAL
http://inflation.us/ What happens when you introduce wacky evironmental regulation and taxes like cap an trade into a credit collapse, hyperinflationary economic situation? Meet your future, 41% unemployment Disaster Request for a Drought-Hit County in California http://www.nytimes.com/2009/06/20/us/20fresno.html?ref=global-home Governor gets firsthand look at water shortage http://www.fresnobee.com/1072/story/1484985.html Despair flows as fields go dry and unemployment rises http://www.latimes.com/business/la-fi-drought6-2009jul06,0,3172131.story
Views: 24398 InflationUS
This year’s Federal Budget has proposed many significant changes mostly starting from 1 July 2017. We’ve summarized some of the key points from the Budget below, which are still subject to the passing of legislation as of today. Introduction of a $500,000, lifetime, non-concessional superannuation contribution cap; a new transfer balance cap of $1.6 million on superannuation that can be held in pension phase;reduce the tax-effectiveness of transition to retirement strategies; reduction of the superannuation annual concessional cap to $25,000, regardless of age; introduction of ‘catch-up’ superannuation concessional contributions for those with super balances under $500,000. If you’ve already contributed more than $500,000 during this time, the extra amount will not be taxed but you won’t be able to make any future contributions. If you breach the lifetime cap, you can have the excess refunded. For those people who have a super balance under $500,000, they are able to make ‘catch-up’ concessional contributions. Unused concessional cap amounts can be carried forward on a rolling basis over a consecutive five-year period. Transition to retirement strategies less effective. New limit on amount transferred to retirement accounts; Remove the work test for people aged between 65 and 74 who want to make voluntary superannuation contributions. Lower income threshold captures more high income earners Low Income Super Tax Offset, which provides a tax offset to the super fund of the member of up to $500 and effectively refunds the contributions tax that the member’s super fund has already paid. This only applies for those who don’t earn more than $37,000. Increase of the eligibility for the Spouse Tax Offset so that the spouse who receives the contribution can now earn up to $37,000 instead of only $10,800, as was previously the case. Anti-detriment provision removed Increase in the 32.5 per cent personal income tax threshold from $80,000 to $87,000. Business benefits with reduction of the company tax rate to 25 per cent. New rate is phased in depending on the size of the company or its turnover.
Views: 220 MyC Associates
The video provides an overview of the HMRC Draft Guidance for the Taxation of Pension Bill which is due later this year. The contents of the video are intended for UK residents only. If you have any questions or would like to explore further we would be delighted to assist you and would ask you to contact us on 01502 501922 or at our website www.norfolkandsuffolk.co.uk, upon which full details of our service and regulatory status are available.
Views: 71 Norfolk & Suffolk Financial Services
South Korea has just capped the maximum working hours in a week to 40, plus 12 hours of overtime, making it 52; India's telecom department has decided that Andaman & Nicobar islands will only have 2G services; the nation's largest life insurer, LIC, has decided to acquire a majority stake in the hugely loss-making IDBI Bank. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly. ---------------------- About the Channel: Watch Business Today videos to get the latest news on Business, stock market, sensex - BSE India, NSE India, personal finance, gold prices, petrol prices and more. Also, get an insight into the dealings of the top companies in India from Business Today's award-winning journalists. Get up to date with all investment options (Mutual Funds, SIPs, Debt, Equity, Insurance, Home Loans, Pension Schemes, Retirement Plans) from our Money Today team. Also, watch interviews of top CEOs. Regular shows to watch out: The Good The Bad and The Ugly with BusinessToday.in Editor Rajeev Dubey to know the top stories of the day specially curated from the world of business and economy. Watch Inside India's Factories to find out how different products get manufactured and processed for final consumption. You can follow us at: Website: https://www.businesstoday.in Facebook: https://www.facebook.com/BusinessToday Twitter: https://twitter.com/BT_India Google Plus: https://plus.google.com/+businesstoday
Views: 430 Business Today
The Turnbull Government released its first Federal Budget on 3rd May 2016. In the second of our 2 part series of budget updates, we look at: Introduction of lifetime cap for non-concessional contributions Uniform concessional cap ‘Catch up’ concessional contributions Transfer balance cap for pensions Removing some tax exemptions for Transition to Retirement Income Streams Find out more about Devon Partners at www.devonpartners.com.au or by searching for Devon Partners on Facebook.
Views: 51 Devon Partners Financial Planning