Island Archives - DR News - News, Retirement, Finance

Health Care Advocates Push for Rhode Island Medicare Savings Program Expansion to Help Low-Income Seniors

Providence, Rhode Island – As May unfolds, it marks the celebration of Older Americans Month, a time of importance for the Senior Agenda Coalition of Rhode Island. This nonprofit organization focuses on advocating for policies and programs that enhance the quality of life for elderly individuals in the state. One critical aspect of aging well is ensuring economic security, which involves having enough financial resources to cover essential needs such as healthcare. Data from the …

Side Hustles for Long Island Seniors: Stories of Supplemental Income and Fulfillment

Huntington, New York – Many seniors in Long Island are finding themselves working well past their retirement age to make ends meet due to the high cost of living in the area. According to a recent Bankrate survey, nearly 25% of seniors between the ages of 59 to 77 are taking on additional work to supplement their regular income. The necessity to work in their senior years has become a reality for many older residents …

Overturned: Harvey Weinstein Returns to Rikers Island Jail Following Rape Conviction Reversal

New York City, NY – Following the overturning of his 2020 rape conviction by New York’s highest court, Harvey Weinstein finds himself back in Rikers Island jail awaiting his next court appearance. Weinstein, the former Hollywood powerhouse, had been serving a 23-year sentence at Mohawk Correctional Facility before his recent transfer back to Rikers in New York City. The 72-year-old Weinstein had been found guilty of forcibly performing oral sex on a television and film …

Teachers Union Pushes for Social Security Inclusion for New Hires in Rhode Island

Providence, Rhode Island – Patricia Serpa, a longstanding state legislator advocating for retired teachers seeking to restore their annual pension increases, shared a valuable piece of advice she received from her father when she first began her teaching career. In 1970, he advised her to prioritize job security by choosing a position with a school district that contributed to Social Security on behalf of its employees, rather than accepting a higher-paying offer from a district …

Rescued Castaways Spell ‘HELP’ on Pacific Island Beach

Guam, a U.S. territory located in the Pacific, became the focal point of a dramatic rescue operation when three mariners in their 40s were found stranded on a remote islet after their boat’s motor broke down. The trio, who set out for a fishing trip near Pikelot atoll, utilized their resourcefulness by spelling out “HELP” with palm fronds on the beach, catching the attention of search and rescue teams. Despite being experienced seafarers familiar with …

Rhode Island Senate Pushes to Expand Paid Family Leave Benefits

Providence, Rhode Island is once again at the forefront of efforts to expand paid leave for new parents and caregivers of ill family members. A recent 31-3 Senate vote approved legislation aiming to double the state’s Temporary Caregiver Insurance program for parental leave from six to 12 weeks, aligning it with similar programs in other states. This move also broadens the eligibility criteria to include siblings and grandchildren providing care to sick relatives. Senate Majority …

Power Couple Criticized for Double Dipping with Six-Figure Pensions: Staten Island DA & Judge Facing Scrutiny

Staten Island, New York – A controversial situation surrounds a power couple in Staten Island, with District Attorney Michael McMahon and State Supreme Court Judge Judith McMahon facing scrutiny for allegedly “double-dipping” by receiving substantial taxpayer-funded salaries and pensions simultaneously. Both individuals are reported to be earning six-figure salaries while also collecting government pensions amounting to over $100,000 each, sparking concerns among political insiders. DA McMahon, who previously served as a legislative staffer, councilman, and …

Pensions in Rhode Island: Can the State Afford Cost-of-Living Raises for Retirees? New Report Analyzes Options

Providence, Rhode Island – Amidst financial concerns, Rhode Island is contemplating the possibility of reinstating cost-of-living adjustments for retiree pensions. A recent report delves into the various options available to the state to address this issue. The potential decision holds significant implications for retirees who rely on these pensions. As the state grapples with budgetary constraints, the feasibility of providing these raises is being carefully evaluated. Residents, lawmakers, and pensioners alike are closely following the …

Magnitude-5.7 Earthquake Strikes Big Island in Hawaii with No Significant Damage Reported

HILO, Hawaii – The Big Island of Hawaii experienced a magnitude-5.7 earthquake on Friday, according to the U.S. Geological Survey. Some shaking was reported as far away as Honolulu, approximately 200 miles from the epicenter. The earthquake occurred at around 10 a.m. local time, with its center located 11 miles south of Naalehu. It had a depth of 6 miles, and no tsunami warning was expected, as per the Pacific Tsunami Warning Center. Residents in …