Glitch in e-mail responses tell consituents their NY senators are taking a couple years offSeptember 10th, 2009 E-mail glitch says NY senators taking years offALBANY, N.Y. — Need your New York senator? The automated e-mail responses for many of them over the holiday weekend told constituents they'd get right back to them when they return to the office — in a couple of years.
Government sent 3,900 economic stimulus checks to prison inmates _ 2,200 got to keep themAugust 26th, 2009 3,900 stimulus checks went to prison inmatesWASHINGTON — The federal government sent about 3,900 economic stimulus payments of $250 each this spring to people who were in no position to use the money to help stimulate the economy: prison inmates. The checks were part of the massive economic recovery package approved by Congress and President Barack Obama in February.
Report: Some NY legislators retire, stay on job and collect pensions along with salariesAugust 19th, 2009 Some NY legislators collect pension pay, salariesALBANY, N.Y. — Four veteran New York lawmakers who have reached retirement age are collecting state pension payments at the same time they continue to get their regular paychecks.
NY pension fund investments regain $6.6 billion in June quarter following year of lossesJuly 31st, 2009 NY pension fund begins reboundALBANY, N.Y. — New York's public pension fund reports regaining some of the value it lost in last year's Wall Street meltdown and national recession, growing to $116.5 billion in the quarter that ended in June.
Pension Benefit Guaranty Corp. to take on pension plans for 70,000 Delphi workers, retireesJuly 22nd, 2009 PBGC to assume responsibility for Delphi pensionsWASHINGTON — The Pension Benefit Guaranty Corp. said Wednesday that it will assume responsibility for the pension plans of 70,000 Delphi Corp.
Moody's considers rating downgrade for loan program offered through Calif. pension fundsJuly 18th, 2009 Moody's may downgrade Calif. pension funds' ratingSACRAMENTO, Calif.
California-based Pacific Corporate Group settles NY pension probe for $2 millionJuly 1st, 2009 Calif.-based pension adviser settles NY probeNEW YORK — A company that helps government pension funds decide how to invest their money has agreed to pay $2 million to extract itself from a New York corruption investigation. The settlement announced Wednesday will spare the Pacific Corporate Group from criminal or civil charges in a probe led by state Attorney General Andrew Cuomo (KWOH'-moh).
Computer glitch at New York Stock Exchange halts floor trading in GE, Merck, ExxonJune 12th, 2009 Computer glitch at NYSE halts some floor tradingNEW YORK — A computer glitch briefly halted trading on the floor of the New York Stock Exchange for more than 200 stocks. The disruption Friday hit 242 stocks, including American Express Co., General Electric Co., Merck & Co.
Pension for forced labor: German court awards pensions to Jews who worked in Nazi ghettosJune 3rd, 2009 German court: Jewish forced workers due pensionsBERLIN — A German federal court ruled Wednesday that two Jews who were forced by the Nazis to work in ghettos have a right to a pension for their labor, setting the stage for thousands of others to receive payments. The Federal Social Affairs Court in Kassel ruled that the two qualified for pensions because, although they did not receive financial compensation for their work, they received food and other items — meaning the German government was responsible for them.
NY pension fund investments take more than 26 percent hit from Wall Street meltdown, recessionMay 29th, 2009 NY pension fund takes more than 26 percent hitALBANY, N.Y. — New York state Comptroller Thomas DiNapoli says the state's massive public pension fund lost more than 26 percent on its investments during a fiscal year marked by Wall Street's meltdown and the recession.
Washington Times links Obama daughters with a story on Chicago student violenceMay 16th, 2009 WASHINGTON - A "technical glitch" in the Washington Times web site caused a photo of backpack-toting first daughters Sasha and Malia Obama to be posted next to a story about the high number of slain Chicago Public Schools students. The story paired up the picture of the Obama girls above the headline "36 Chicago area students killed sets record," Solomon's statement read.
$250 Social Security checks going out this month only a loan for manyMay 9th, 2009 $250 stimulus checks only a loan for manyWASHINGTON — About 52 million Social Security recipients started receiving $250 economic recovery checks Thursday, including many who will have to repay the money at tax time next year — either through a smaller refund or a larger tax bill. The payments were meant to provide a boost to people who don't qualify for President Barack Obama's "Making Work Pay" tax credit, which pays individuals up to $400 and couples up to $800.
INSIDE WASHINGTON: Millions of couples, retirees may have to repay some of Obama tax creditMay 1st, 2009 INSIDE WASHINGTON: Taxpayers to get rude surpriseWASHINGTON — Millions of Americans enjoying their small windfall from President Barack Obama's "Making Work Pay" tax credit are in for an unpleasant surprise next spring. The government is going to want some of that money back.
INSIDE WASHINGTON: Millions of couples, retirees may have to repay some of Obama tax creditApril 30th, 2009 INSIDE WASHINGTON: Rude surprise awaits taxpayersWASHINGTON — Millions of Americans enjoying their small windfall from President Barack Obama's "Making Work Pay" tax credit are in for an unpleasant surprise next spring. The government is going to want some of that money back.
$250 government stimulus checks going to 50 million retirees in MayApril 29th, 2009 50 million retirees to get $250 checks in MayWASHINGTON — More than 50 million retirees can expect to receive $250 payments from the government in the next few weeks as their share of the economic stimulus package enacted in February. Economists say the payments will be a timely boost just as the recession is showing signs of easing a little.