A couple sit on a bench in an airport while using a laptop.

What day of the month do I get my Social Security payment?

By Vonda Vantil, Social Security Public Affairs Specialist Timing is everything, and the arrival time of your monthly payment from Social Security can be key to keeping your financial house in order. As you budget to pay your bills and save for future needs, keep in mind that your monthly Social Security benefit will be paid at the same time each month. To see your … Continue reading What day of the month do I get my Social Security payment?

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Social Security Q&A Part 6

By Vonda Vantil, Social Security Public Affairs Specialist Question: My grandmother receives Supplemental Security Income (SSI) benefits. She may have to enter a nursing home to get the long-term care she needs. How does this affect her SSI benefits? Answer: Moving to a nursing home could affect your grandmother’s SSI benefits, depending on the type of facility. In many cases, we have to reduce or stop … Continue reading Social Security Q&A Part 6

GE’s pension problem could make breakup difficult

Via Timesunion By Larry Rulison SCHENECTADY – General Electric Co.’s $31 billion pension problem could make its breakup harder than expected. Bloomberg and other news outlets have been reporting that GE has a $31 billion pension shortfall that is becoming a concern for new CEO John Flannery as he decides how to maximize GE for shareholders, which could lead to the spin-off of some units … Continue reading GE’s pension problem could make breakup difficult

Steelworkers Pension Trust alleges it is owed more than $112 million in withdrawal liability payments

Via PennRecord By Louie Torres PITTSBURGH – A nonprofit, multiemployer benefit pension plan alleges a New York private holding company and its subsidiaries failed to pay withdrawal liability payments. Steelworkers Pension Trust by Daniel A. Bosh filed a complaint on Jan. 31 in the U.S. District Court for the Western District of Pennsylvania against The Renco Group Inc., Ilshar Capital LLC, Blue Turtles Inc., Unarco Material … Continue reading Steelworkers Pension Trust alleges it is owed more than $112 million in withdrawal liability payments

Red heart decoration.

National Wear Red Day

By Rachael Savoie, Human Resources   Friday, February 2nd isn’t just my birthday, but this year it’s National Wear Red Day! National Wear Red Day is held the first Friday in February to raise awareness about heart disease being the number one killer of women. All are encouraged to wear red and show their support for women’s heart health.   This year will mark the 15th year since the American Heart Association and the … Continue reading National Wear Red Day

Three generations of an African American family smile at the camera.

Social Security celebrates Black History Month

By Vonda VanTil, Social Security Public Affairs Specialist In February, we honor African Americans by celebrating Black History Month. Created in 1926, this event coincides with Abraham Lincoln’s and Frederick Douglass’s birthdays. African American communities have celebrated these birthdays together for over 90 years. Honoring our shared history is one way we remember that we believe in freedom and democracy for all. Another shared belief … Continue reading Social Security celebrates Black History Month