Report: Seniors shortchanged by CPP; estimated &#36;1B in underpaid benefits
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TORONTO (CP) - A significant number of seniors are being shortchanged by the Canada Pension Plan, with the estimated underpayments totalling about &#36;1 billion, says a new report released Monday.
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WASHINGTON -- The elderly got a little break on the cost of medicine in the second quarter of the year.
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SAN FRANCISCO (CBS.MW) -- Despite absorbing three straight years of double-digit increases in retiree health-care costs, more than half of employers that offer retiree health and drug coverage plan to keep it when the Medicare prescription drug benefit
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OTTAWA (CP) - Canada&#39;s nursing workforce will be hit by a tidal wave of retirements in coming years, a new report by the Canadian Institute for Health Information indicates.
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Retirees shouldered a much larger share of their health-care costs in 2004 and should expect to pay even more next year, says a new report that casts an even dimmer outlook for people who are still in the workforce.
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Changing benefits keep boomers working longer.
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Health care providers would get smaller pay increases when caring for the elderly, poor and disabled under President Bush's budget plan submitted to Congress on Monday.
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Taking responsibility. The Pension Benefit Guaranty Corp. moved Thursday to take on the pensions of United Airlines pilots. The US federal agency is already groaning under a $23 billion deficit, and the PBGC
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Squeezed by soaring health-care costs and dwindling pensions, ever more Americans are choosing to postpone retirement -- and the Washington region leads the nation when it comes to working past age 65, according to census figures released today.
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One in every five U.S. jobs pays less than a poverty-level wage for a family of four, according to a study by the nonpartisan Working Poor Families Project.
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Millions of low-income seniors are a phone call away from getting $1,200 to spend on prescription drugs next year - provided they call by Jan. 1. The money is available to seniors with an income of less than $12,568 a year and no other drug benefit.
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Onge and John Hughes. The Pension Benefit Guaranty Corp., the federal agency that protects retirement plans for more than 44 million workers, said Monday that its deficit more than doubled to $23.
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Big U.S. businesses will in general maintain retiree health benefits next year despite fears they would be cut to compensate for benefits to the elderly in the new Medicare law, a survey found.
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About half of cost-of-living adjustment to Social Security benefit to go to Medicare premium hike. NEW YORK (CNN/Money) - Social Security beneficiaries will likely get about $24 a month more next year under
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Some seniors are confused by Medicare's new prescription discount card system because early information mailed to them was unclear or incomplete, according to a report by the government's health policy watchdog.
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Time is on their side when it comes to earning money for retirement.
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WASHINGTON - The Bush administration said in a report yesterday that Social Security is facing a $13.6 trillion shortfall in coming years and that delaying reforms is not fair to younger workers.