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Benefits

All articles tagged with #benefits

Oracle offers up to 26 weeks severance for U.S. laid-off employees
business10 days ago

Oracle offers up to 26 weeks severance for U.S. laid-off employees

Oracle is offering U.S. laid-off employees up to 26 weeks of severance (four weeks of base pay plus one week per year of service, capped at 26 weeks), with state WARN notice adjustments and a requirement that six months of work in the last year counts as a full year for calculation. Affected staff across Oracle Health, Sales, Cloud, Customer Success and NetSuite were notified early Tuesday, with some reports of being locked out of internal systems. Oracle declined to comment. The package aligns with recent Big Tech severance patterns while varying in components, and Oracle employs about 162,000 people as of May 2025.

via Business Insider|
#benefits#business#layoffs
April Social Security Payments: When Your Checks Arrive
money13 days ago

April Social Security Payments: When Your Checks Arrive

Social Security benefits are paid on a schedule tied to the benefit type and birth date. For April 2026, SSA retirement/disability/survivor payments go out on April 3, 8, 15, and 22 (second/third/fourth Wednesdays depending on birth date), while SSI payments are issued on April 1 (with the date moving to the prior weekday if the 1st falls on a weekend or holiday). If a payment is missing, check with your bank first, and contact the SSA at 1-800-772-1213 if needed to report or replace a due payment.

via LiveNOW from FOX|
#benefits#money#payments
Capital One Venture X vs. Citi Strata Elite: Which Premium Card Reigns Supreme?
finance3 months ago

Capital One Venture X vs. Citi Strata Elite: Which Premium Card Reigns Supreme?

The article compares the Capital One Venture X and Citi Strata Elite premium travel credit cards, highlighting that Venture X offers a lower annual fee and simpler rewards structure, making it more suitable for most travelers, while Citi Strata Elite provides higher earning potential and more statement credits but at a higher cost and complexity. The choice depends on individual travel habits and how much value one can extract from the benefits.

via CNBC|
#annual-fees#benefits#credit-cards
Federal Retirement Backlog Grows Despite Digital Efforts
government3 months ago

Federal Retirement Backlog Grows Despite Digital Efforts

The article provides essential guidance for federal employees approaching retirement, covering key decisions such as final separation, withdrawal of retirement applications, returning to federal employment, managing leave, choosing survivor benefits, handling military service credit, and maintaining health and life insurance, to ensure a smooth transition and optimal benefits.

via Government Executive|
#annuity#benefits#federal-employees
Social Security Benefits: Upcoming Increases and Key Facts for Retirees
world3 months ago

Social Security Benefits: Upcoming Increases and Key Facts for Retirees

The Social Security Administration announced that SSI and Social Security benefits will increase starting late December 2025 due to an annual cost-of-living adjustment tied to inflation, with maximum federal SSI benefits rising to $994 for individuals and $1,491 for couples, though some advocates believe the increase is insufficient to match rising living costs.

via Disability Scoop|
#benefits#cost-of-living-adjustment#disability