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Employers make compulsory payments to these funds at a proportion of their employee's wages. From Jan 2025, the mandatory minimum "guarantee" contribution is 12%. [1] The superannuation guarantee was introduced by the Hawke government to promote self-funded retirement savings, reducing reliance on a publicly funded pension system. [2]
On December 19, President-elect Donald Trump issued a statement demanding the removal of additional spending (except for disaster relief and aid to farmers) and the suspension of the debt ceiling (due to be reached in 2025). [36] After several hours of negotiations, House Republicans announced the American Relief Act the same day.
The projected 2025 COLA for Social Security is 2.5%, according to an emailed September 11 TSCL press release, resulting in another drop. That percentage is likely to change, but the concern is ...
Super Bowl LX will be the second time after Super Bowl LVI that the game is scheduled on a date that falls within the date range of an ongoing Olympics event (and the third that the date will be on an Olympic year and for both events to be scheduled to air on the same network), the 2026 Winter Olympics in Milan and Cortina d'Ampezzo, Italy. [1] [5]
Here are the dates of 2025 federal holidays, according to the Office of Personnel Management: Wednesday, Jan. 1: New Year’s Day. Monday, Jan. 20: Birthday of Martin Luther King, Jr.
The age of eligibility was moved to 65 for men and 60 for women, but, between April 2010 and November 2018, the age for women was raised to match that for men, [3] [4] and the retirement age for both men and women is increasing to 68, based on date of birth, and by no later than 2046.