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Tag Archives: retirees

Life of Social Security trust funds loses 3 years

WASHINGTON — High energy prices and an economy that has been slow to rebound are worsening Social Security’s finances, shortening the life of the trust funds that support program by three years, the government said Monday. Those funds will now ...

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Fed plan good for borrowers, not retirees

WASHINGTON  — The Federal Reserve’s plan to keep interest rates super-low for at least two more years is great news for mortgage refinancers and other borrowers. For retirees and others who need interest income? Not so great. Nor will low ...

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Census: Aging Worcester County oldest in Maryland

SALISBURY — Worcester County’s population became grayer during the past decade, as “come-here” retirees flocked to coastal towns and “born here” young adults departed for jobs. The median age of residents is 48 — the oldest in the state. That’s ...

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Maryland benefits panel to vote on funding problems

ANNAPOLIS — Members of a state employees benefits commission will begin voting on how to resolve large unfunded liabilities in Maryland’s pension and health benefit system for state workers. The Public Employees’ & Retirees’ Benefits Commission will meet Monday in ...

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