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OTHER DEVELOPMENTS

Friday, August 31, 2018

OTHER DEVELOPMENTS

President Donald Trump is canceling pay raises due in January for most civilian federal employees, he informed Congress on Thursday, citing budget constraints. But the workers still could see a slightly smaller boost in their pay under a proposal lawmakers are considering. Trump said he was nixing a 2.1 percent across-the-board raise for most workers as well as separate locality pay increases averaging 25.7 percent.

Trump is signing an executive order today to make it easier for small businesses to group together to provide their workers with retirement plans. The White House says Trump will direct the Labor and Treasury departments to issue regulations to help businesses join together to offer Association Retirement Plans. Administration officials say high costs discourage employers from offering plans like 401(k)s at a time when surveys show workers worrying about being able to live comfortably in retirement.

A Los Angeles man upset about The Boston Globe’s coordinated editorial response to Trump’s attacks on the news media was arrested Thursday on charges he threatened to kill the newspaper’s journalists, who he called an “enemy of the people,” federal prosecutors said. On Aug. 16, the day scores of editorials were published, Robert Chain, 68, of the Encino section of LA, told a Globe staffer that he was going to shoot employees in the head at 4 o’clock, according to court documents..

Source: Associated Press