SOCIAL SECURITY CODE 2020
ASEAN must advance effective South China Sea Code of Conduct under international law: Philippine President Marcos
Philippine President Ferdinand Marcos Jr. called for enhanced maritime cooperation among ASEAN member states during the 49th ASEAN Summit. He highlighted the importance of a substantive Code of Conduct in the South China Sea as crucial for regional stability. Furthermore, Marcos emphasized the interconnectedness of peace, prosperity, and people empowerment within the ASEAN framework. The host nation aims to showcase its cultural heritage and strengthen diplomatic alliances during the summit.
Social Security cuts: 15 states could lose up to $556 a month by 2032 – Is your state on the list? Can Bernie Sanders' $2,400 proposal prevent the cuts?
Retirees in 15 states could lose more than $500 monthly if Social Security funding runs short. Connecticut faces the highest projected reduction at $556, followed by New Jersey and New Hampshire at $554. The CRFB estimates a possible 24% benefit cut by 2032, while Trustees project 22%.
Telangana implements gig worker rules, mandates minimum pay, social security benefits
The Telangana government has launched the Telangana Platform-Based Gig Workers Rules, which establish rights for gig workers. Chief Minister A Revanth Reddy introduced the legislation during a ceremony with Rahul Gandhi in Hyderabad. The new rules include provisions for social security benefits, minimum remuneration, and protection against arbitrary account deactivation. Shaik Salauddin from the Telangana Gig and Platform Workers Union emphasized the need for effective implementation of these rights.
Congress believes in making workers partners, will stand by gig workers: Rahul Gandhi in Hyderabad
Congress and Telangana government have launched the Gig Workers’ Social Security and Welfare Scheme in Hyderabad. Leader of Opposition Rahul Gandhi emphasized the importance of data rights for gig workers during the event. He noted that workers currently lack access to their work-related information from digital platforms. Additionally, he addressed the challenging working conditions faced by gig workers while promising improvements.
Indian envoy Kwatra slams USCIRF over Sharjeel Imam remarks, says panel has 'no locus standi'
Vinay Mohan Kwatra, India's Ambassador to the United States, criticized USCIRF for its comments on Sharjeel Imam. He stated the commission has no authority to judge Indian citizens' constitutional rights. Kwatra's remarks follow USCIRF's characterization of Imam's detention as related to his advocacy for religious freedom. Sharjeel Imam has been detained since January 2020 for allegedly inciting communal violence.
Social Security cuts could hit these 15 states hardest: How much could retirees in Connecticut, New Jersey, New Hampshire and other states lose each month?
Social Security cuts: Social Security retirees in 15 states could face monthly benefit cuts exceeding $515, with Connecticut recording the highest estimated loss at $556. The projections come as the retirement trust fund faces depletion in 2032, raising concerns about how much beneficiaries could receive if lawmakers fail to address the funding shortfall.
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Social Security could have lasted until 2059, so where did $10.8 trillion go? AARP reveals the income shift behind its 2034 funding crisis
Social Security's funding crisis may have arrived decades earlier because a smaller share of American income is subject to payroll taxes. AARP estimates the programme could have paid full benefits until 2059 if taxable wages had maintained their 1980s share of the economy. The actual trust fund depletion projections remain 2032 and 2034.

Rice stocks diverted for ethanol come under WTO scanner
Canada has raised concerns at the WTO about India's diversion of publicly-held rice stocks for ethanol production. This inquiry follows similar questions from the US regarding the implications for food security and trade rules. Canada seeks specific details about the quantities of rice diverted since 2020 and the sale prices to distilleries. The WTO's Committee on Agriculture will discuss these questions later this month.

Claude outage today: Anthropic fixes login outage as Microsoft 365 disruption continues; is Claude AI working again?
Claude code status today: After a major outage affecting Microsoft services, Claude AI reported significant issues with user authentication and access. Users of Claude.ai and Claude Code have experienced disruptions, preventing login and service accessibility. Anthropic has acknowledged ongoing investigation into these authentication problems and has deployed fixes to restore functionality. As Claude's services faced increased user complaints, the company worked to resolve connection issues with Microsoft 365.

What is IRS Form 4547? Who qualifies for Trump's $1,000 government deposit and how to claim it
The Trump Accounts program is poised to benefit numerous American households by creating investment accounts for children. Children born between January 1, 2025, and December 31, 2028, are eligible for a $1,000 government deposit toward their account. Parents must submit IRS Form 4547 to secure this contribution for their child. The investment will be locked until the child reaches adulthood, encouraging an early start on financial independence.

Road ministry proposes a simplified Rent-a-Cab scheme 2026; to replace the 1989 scheme
The proposed draft Rent-a-Cab Scheme 2026, which comes into force from January 2027, reduces the minimum fleet requirement to 5 compared to 50 mandated earlier, extends its coverage to even rental cars with or without drivers and provides for online licensing, time-bound approvals, stringent safety, insurance and operational requirements and formal grievance redressal mechanism.

What is Social Security's November 18 deadline? Millions can check their 2027 COLA-adjusted payments early - Here's how
Millions of Americans receiving Social Security benefits are approaching an important deadline on November 18, 2026. Beneficiaries should create a ‘my Social Security’ account to receive personalized cost-of-living adjustment notices electronically. A 3.6% COLA increase for 2027 will affect about 76 million people and provide financial relief. Early access to updated benefit amounts will help recipients plan accordingly moving forward.

Two major Social Security changes are coming in 2027: Retirees get a 3.6% raise, but some workers will pay $484 more in taxes — who will be affected?
Social Security 2027 changes: Social Security checks will rise 3.6% in 2027. The average retired worker will get $2,170 a month, up $75 from $2,095. SSI recipients will receive the higher payment on December 31, 2026. The Social Security tax limit for workers will rise from $184,500 to $192,300. Employees earning at least $192,300 could pay about $484 more in tax each year.

Are authorities losing control as youth protests leverage technology to bypass shutdowns?
Youth-led protests around the world have increasingly relied on digital tools to organize and communicate. Authorities find it challenging to respond effectively to these protests, as traditional methods such as internet shutdowns are less effective. The recent demonstrations in New Delhi highlighted the use of Bluetooth-based messaging and VPNs for coordination. Governments may need to consider more proportional responses to avoid further radicalization of protest movements.

Social Security tax by state in 2026: Which 8 states tax retirement benefits, where can retirees keep more of their benefits, and how much could you owe the IRS?
Social Security benefits are not tax-free for every retiree in 2026. Just over half of beneficiaries are expected to pay federal income tax on their benefits, according to the Congressional Budget Office. Eight states also tax Social Security payments, although income-based exemptions offer relief. Federal tax thresholds, retirement withdrawals and state rules will determine how much retirees actually keep.

Your Social Security check faces a 22% cut risk: The funding shortfall that could cost retirees $2,700 a year
Social Security’s 2032 warning: Millions of retirees could receive smaller monthly checks if the retirement trust fund runs out of reserves. Payroll taxes would still finance payments, but cover only 78% of scheduled benefits, according to trustees. Congress could prevent the reduction through legislation. Until then, workers may need additional retirement savings through 401(k) plans and IRAs.

Social Security benefits cut: One move can prevent beneficiaries losing out 22 per cent, here are details
US lawmakers will need to ensure that Social Security benefits and the annual cost-of-living adjustment (CoLA) should not be curtailed.

Social Security benefits at risk in 2032: Will 35 new Senators prevent a 22% cut?
Social Security benefit cuts 2032: Social Security faces a potential 22% benefit cut in 2032 as its retirement trust fund is projected to run out of reserves. Thirty-five newly elected senators will have to confront the funding challenge, with proposals ranging from raising payroll tax limits on high earners to changing how retirement funds are invested.

Social Security payroll tax cap rises to $192,300 in 2027: How much more will high earners pay from their paychecks, who will be affected, and what does it mean for your take-home pay?
Social Security taxes will take a bigger bite out of some high earners' paychecks in 2027. The taxable income limit is rising to $192,300 from $184,500, meaning another $7,800 of wages will be taxed. Workers earning above the new limit could pay up to $483.60 more next year. The increase comes as retirees are set to receive a 3.6% benefit boost.

Garena Free Fire MAX Redeem codes today, November 6, 2026: Check full list of codes, free rewards and how to redeem
On November 6, 2026, players of Garena Free Fire MAX in India can score exciting new redeem codes, unlocking rewards like diamonds, exclusive weapon skins, and rare character collectibles. To successfully claim these rewards, players need to navigate to the Garena Rewards Redemption website and follow the straightforward steps outlined there.

Lenskart, Nykaa, PhysicsWallah see Q2 profits surge
New-age companies Nykaa, Lenskart, and PhysicsWallah reported strong numbers for the September quarter. This and more in today’s ETtech Top 5.

Gig workers may get social security benefits through 2% transaction levy on businesses
The government is considering implementing a 2% transaction-based levy on aggregators to support social security for gig workers. This levy will fund benefits such as insurance, health, and maternity support for over 12 million workers. There is a consensus that this approach ensures fairness among different types of aggregators. The new scheme is expected to be launched in 2027, requiring gig workers to meet specific work criteria.

ETtech Explainer: Food delivery, ride-hailing firms differ on gig worker welfare levy calculation
Food delivery and quick-commerce companies such as Zomato and Swiggy are seeking a levy based on the value of transactions facilitated through their platforms, while cab and bike-taxi aggregators such as Uber and Rapido want it to be calculated on their own turnover rather than the total value of rides facilitated.

Premji's deeptech bets; Razorpay gets IPO nod
Happy Thursday! Premji Invest is stepping up its bets on defence and aerospace manufacturing.This and more in today’s ETtech Morning Dispatch.

Social Security benefits warning: Will retirees lose $500 a month when the retirement trust fund runs out in 2032? What the latest forecast means for your monthly checks
The Social Security retirement fund is projected to exhaust its reserves by the end of 2032 without any legislative intervention. If changes are not made, monthly benefits for retirees might face substantial reductions, estimated between 22% and 26%. This impending decline is attributed to demographic shifts like an increasing elderly population and dwindling birth rates. Lawmakers have a limited timeframe to tackle these pressing issues before retirees experience significant cuts.

Who gets Social Security tomorrow, November 3? Is your payment COLA-adjusted, and how much will beneficiaries receive in November?
Social Security payments begin November 3 for beneficiaries who started collecting before May 1997. Other recipients will receive benefits on November 10, 18 or 25, depending on their birthdays. Veterans Day shifts the first birthday-based payment forward by a day, while SSI recipients received November's payment early, on October 30, because November 1 falls on Sunday.

Social Security November payments twist: Millions of Americans could see an unexpected change to their Wednesday checks this year
Mark your calendar if you were born between the 1st and 10th. Your Social Security payment for November will arrive on Tuesday, November 10, not Wednesday. Veterans Day falls on November 11, a federal holiday with banks shut. This is the only date change in 2026.

Centre sets up social security board to frame welfare schemes for gig workers
In a significant move, the Ministry of Labour and Employment has initiated the National Social Security Board, designed to improve welfare for unorganised and gig economy workers. This board will advise on the rollout and supervision of important social security programs. Scheduled to meet three times annually, it will also manage policy discussions and oversee the financial aspects of the Social Security Code.

Social security projected benefit cuts 2032: Millions of Americans may miss out 22 per cent of total retirement income. Check SSA-CoLA calculations
Social security projected benefit cuts 2032: At that time the fund's projected income will be sufficient to pay just 78 per cent of scheduled benefits, indicating beneficiaries will see a 22 per cent cut in monthly Social Security retirement income.
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