Latest news with #1960
The Independent
15-05-2025
- Business
- The Independent
Social Security retirement age is changing this year. Here's what you need to know
The full retirement age to collect Social Security benefits has once again shifted, meaning Americans born in 1960 who want to receive full benefits will have to keep working until they reach 67 years old. The full retirement age (FRA) is the age at which Americans can access their full Social Security benefits without incurring a financial penalty for early retirement. The increase is the result of amendments to the Social Security Act implemented in 1983 which were meant to adjust for longer life expectancies and to counteract financial solvency issues related to the program. The change specifically affects Americans born in 1960 this year, because they will be turning 65 in 2025 — formerly the full retirement age — but will now have to wait for two years until they turn 67 to claim full benefits. Workers who want to retire early can still claim their Social Security as early as age 62, but doing so incurs a penalty that reduces their monthly benefit by 30 percent. Likewise, working past the FRA, up to age 70, increases the monthly payments thanks to delayed retirement creids. Under the current structure, someone who might qualify for $1,000 monthly benefit if they retired at age 67 would only receive $700 per month if they choose to retire at 62. If they waited until they were 70 to retire, they would receive $1,240 per month, which is a 24 percent increase over what they would have collected at age 67. The new change doesn't affect anyone born before 1960 — they can still retire and collect their full benefit so long as they've hit the FRA for the year they were born. For example, anyone born between the years 1943 and 1954 can retire with full benefits at age 66. For those born in 1957, the FRA is 66 years and six months, and for those born in 1958 the FRA is 66 years and eight months. The increase to age 67 is the last scheduled increase under the 1983 amendments to how Social Security is distributed, though that does not mean that future legislation or executive action could not push the retirement age back even further. In March, the House Republican Study Committee unveiled its budget proposal that included a call for "modest adjustments to the retirement age for future retirees to account for increases in life expectancy." They did not include a specific new age for retirement, but it is presumably older than 67. House Republicans justified the call by pointing to Social Security insolvency, which essentially means Social Security is running out of money to pay out to seniors. The trust fund for retirement benefits could be depleted between 2033 and 2034, based on current projections, after which the system would only be able to pay out 77 percent of scheduled benefits, according to a 2024 report by the Social Security Board of Trustees. Lawmakers have not been able to reach an agreement on how that crisis should be handled.
Time of India
08-05-2025
- Time of India
Morigaon man held for bestiality
Guwahati: A man from Assam's Morigaon district was arrested on Monday, after a video of him engaging in a sexual activity with a female Labrador dog surfaced on social clip caused uproar on social media, with several animal activists demanding strict action against the to police, the arrested person, Narayan Das, is a resident of Burhagaon in Morigaon. He is a businessman and has been engaging in this heinous act for the past two and a half years. The video which went viral on Sunday night, was shot using a hidden camera. It appears to show Das forcing himself on the dog, even as she appeared distressed and tried to OC Bhaskar Barman said, "We have registered a case against the man under BNS and Prevention of Cruelty to Animals Act, 1960," the OC from multiple animal welfare NGOs came forward to file the FIR on Monday. A subsequent visit to Das's residence led to the rescue of two additional dogs, who have also been sent for medical evaluation."We came to know about this on Monday. Debanjan Mukherjee, an animal rights activist, had been quietly tracking the case for some time after receiving informal reports of suspected abuse. Despite repeated efforts, he struggled to take concrete action due to the lack of verifiable evidence. It took us some time to expose the culprit, but once we gathered sufficient proof, he was arrested. When we arrived at the location, we found the dogs locked up," said Nandita Baruva, another city-based animal rights activistGuwahati: A man from Assam's Morigaon district was arrested on Monday, after a video of him engaging in a sexual activity with a female Labrador dog surfaced on social clip caused uproar on social media, with several animal activists demanding strict action against the to police, the arrested person, Narayan Das, is a resident of Burhagaon in Morigaon. He is a businessman and has been engaging in this heinous act for the past two and a half years. The video which went viral on Sunday night, was shot using a hidden camera. It appears to show Das forcing himself on the dog, even as she appeared distressed and tried to OC Bhaskar Barman said, "We have registered a case against the man under BNS and Prevention of Cruelty to Animals Act, 1960," the OC from multiple animal welfare NGOs came forward to file the FIR on Monday. A subsequent visit to Das's residence led to the rescue of two additional dogs, who have also been sent for medical evaluation."We came to know about this on Monday. Debanjan Mukherjee, an animal rights activist, had been quietly tracking the case for some time after receiving informal reports of suspected abuse. Despite repeated efforts, he struggled to take concrete action due to the lack of verifiable evidence. It took us some time to expose the culprit, but once we gathered sufficient proof, he was arrested. When we arrived at the location, we found the dogs locked up," said Nandita Baruva, another city-based animal rights activist
Hindustan Times
03-05-2025
- Business
- Hindustan Times
Four hydel projects over Chenab in J&K likely to be commissioned by 2028
The four ongoing hydropower projects in Jammu and Kashmir over the Chenab River and its tributaries are likely to be commissioned in 2027-28, officials privy to the details said on Friday, asserting that India has made steady progress in the works. Chenab river is one of three Western rivers that fall under Indus Water Treaty,1960, which India suspended as part of punitive measures against Pakistan in the aftermath of the Pahalgam terror attack on April 22. A total of 26 people, 25 tourists and a local, were killed in the attack at Baisaran meadow. The projects--Pakal Dul (1,000 MW), Kiru (624 MW), Kwar (540 MW) and Ratle (850 MW)--are being implemented through joint venture between NHPC and the Jammu and Kashmir State Power Development Corporation (JKSPDC). Prime Minister Narendra Modi laid the foundation stones of Pakal Dul, Kiru and Kwar projects on May 19, 2018, February 3, 2019, and April 22, 2022, respectively. 'Pakal Dul project has made 66% progress, Kiru 55%, Kwar 19% and Ratle project is 21% complete,' said a senior official of the JKSPDC, requesting not to be named. The official said that for the Kirthai project, 930 MW, a memorandum has been signed between JKSPDC and NHPC and clearances are under process. On Ratle project, he said that a coffer dam, a pre dam structure, was nearing completion. 'We expect it to be completed by November 2028,' he added. The official added that the work on Ratle project gained momentum only after 2023. Pakistan had protested the Ratle and Kishenganga projects, alleging their designs violated the Indus Water Treaty. In June 2024, a five-member delegation from Pakistan and a World Bank-appointed neutral expert, Michel Lino, had inspected the Ratle power project at Drabshalla in Kishtwar. These four projects are expected to generate over 10,541 million units (MU) of electricity annually. J&K has an estimated hydropower potential of 18,000 MW, with 11,283 MW in the Chenab basin alone. However, only 23.81% (3,540 MW) of the total identified capacity has been harnessed to date, the officials said. According to a government document, 15 hydel power projects aggregating 7,768 MW are at currently various stages, with six under construction, two at the award stage and seven at the detailed project report (DPR) clearance stage. Of the total 18,000 MW potential, 3,084 MW is in Jhelum basin and 500 MW in the Ravi basin.
Time of India
02-05-2025
- Time of India
Kochi city corporation suspends official arrested for accepting bribe
Kochi: The city corporation has suspended Vyttila zonal office building inspector Swapna E , who was recently arrested for accepting bribe . Mayor M Anilkumar informed that the official was suspended pending investigation under Section 15(6) of the Kerala Municipality Act and Rule 8 of the Kerala Municipality Officers' Control and Rules, 2011. Tired of too many ads? go ad free now The mayor stated that it was found that a very serious offence was committed and the local body has decided to report to the LSGD principal director to take strict disciplinary action under the Kerala Service (Classification and Control) Rules, 1960. Swapna was arrested by VACB officials while receiving a bribe of Rs 15,000 from a builder who applied to get door numbers issued to his new apartments.
New Indian Express
01-05-2025
- Politics
- New Indian Express
Amid tensions with Pakistan, Rajnath Singh speaks to US Defence Secretary Hegseth
Amid the extremely charged atmosphere following the Pahalgam terror attack, Union Defence Minister Rajnath Singh on Thursday spoke to US Defence Secretary Pete Hegseth, PTI reported, citing official sources. According to the report, the terror attack, which killed 26 civilians, mostly tourists and led to a diplomatic showdown with Pakistan, is believed to have figured in the phone conversation. The conversation between the top defence officials of India and US came a day after the US Secretary of State Marco Rubio spoke with External Affairs Minister Subrahmanyam Jaishankar and encouraged India to work with Pakistan to de-escalate tensions and maintain peace and security in South Asia. Rubio also spoke separately with Pakistan Prime Minister Shehbaz Sharif and stressed the need to condemn the terror attack and urged Pakistani officials' cooperation in investigating "this unconscionable attack." Following the Pahalgam attack, the deadliest in the Valley since the Pulwama strike in 2019, India downgraded diplomatic ties with Pakistan and announced a raft of measures, including suspension of the Indus Water Treaty of 1960 and immediate shutting down of the Attari land-transit post.
