NOMBEKO MBAVA: An unspent budget is not the same as declared savings

NOMBEKO MBAVA: An unspent budget is not the same as declared savings

Department of social development has declared savings of R1.8bn amid increased public demand for social grants

Grant recipients wait for social support payouts. Picture: SUNDAY TIMES The department of social development recently declared savings of R1.8bn. According to the 2022 medium-term budget policy statement, this “saving” is due to a lower than anticipated take-up of the Covid Social Relief of Distress (SRD) grant.

The so-called “saving” is particularly baffling due to the increased public demand for social grants during the cost of living crisis and increased poverty and social distress. It also neatly sanitises the uncertainty that has plagued […]

The German government’s Citizen’s Income: Hartz IV poverty gets a new name

The German government’s Citizen’s Income: Hartz IV poverty gets a new name

Germany’s new “Citizen’s Income”—according to Federal Labour Minister Hubertus Heil (SPD), the “biggest social reform in 20 years”—will only increase the abject poverty of the current 5.3 million recipients of Hartz IV social security payments. The new system is due to come into force on January 1, 2023.

In November last year the agreement to form the current coalition government, headed by the Social Democratic Party (SPD) and including the Greens and the neoliberal Free Democratic Party, had already presented plans for an expansion of the country’s low-wage sector and the expansion of methods aimed at forcing workers into precarious […]

Seoul Metropolitan Government hosts the “International Forum on Safety Income” in December to solve poverty and inequality

SEOUL, South Korea, Nov. 25, 2022 /PRNewswire/ — Seoul International Forum on Safety Income 2022 (hereinafter referred to as "Forum") will be held in Seoul on December 6 (Tue) where guaranteed income experiment researchers of various countries gather to solve the global challenges of poverty and inequality.

The prolonged COVID-19 pandemic and AI technology advancement have transformed the paradigm of jobs, making the lives of the vulnerable even more difficult. As such, many cities around the world are engaging in discussions on the need for a new income security policy.

Starting from Stockton in 2019, 100 cities in the US […]

UBI payment: Which states send payments between $200 and $1,000?

UBI payment: Which states send payments between $200 and $1,000?

Benjamin Franklin $100 dollar billsAP ore Universal Basic Income (UBI) payments are coming to folks from 34 different cities and states across the country. Yet another major aid from the government to people in need that is another guaranteed income program providing monthly payments to participants who are eligible. These programs tend to be sponsored by the government but there are also cases in which non-profit organizations have been responsible for them. Most cases show there are no strings atached to how the money can be used and people don’t have to pay it back.

There is a general opinion […]

UC Berkeley To Evaluate Success Of Guaranteed Income Pilot Programs

UC Berkeley To Evaluate Success Of Guaranteed Income Pilot Programs

(Shutterstock) BERKELEY, CA — In efforts to combat extreme poverty, California is backing guaranteed income programs across the state for the first time.

Announced Monday, the California Department of Social Services plans to hand out $25 million in cash payments to nearly 2,000 residents facing challenging conditions, specifically targeting those who are pregnant or aging out of extended foster care.

Individuals in the program will receive unconditional and regular payments of $600 to $1200 a month for 12 to 18 months.All pilot programs will be evaluated by the Urban Institute and the University of California, Berkeley to assess if providing financial […]

Social reform: basic income clears last hurdle

Social reform: basic income clears last hurdle

Green light for major reform: Many companies are desperately looking for workers. Nevertheless, many people are stuck in Hartz IV. Now the state should take better care of the unemployed.

With the start of the citizens’ allowance, millions of people in need will receive significantly higher payments on January 1st. After weeks of struggle, the central socio-political project of the traffic light coalition cleared the last hurdles on Friday. The Bundestag and Bundesrat gathered with broad majorities behind the set of rules, which had been tightened under pressure from the Union. In the state chamber, Minister of Labor Hubertus Heil […]

Seoul Metropolitan Government hosts the “International Forum on Safety Income” in December to solve poverty and inequality

Seoul Metropolitan Government hosts the

SEOUL, South Korea, Nov. 25, 2022 /PRNewswire/ — Seoul International Forum on Safety Income 2022 (hereinafter referred to as "Forum") will be held in Seoul on December 6 (Tue) where guaranteed income experiment researchers of various countries gather to solve the global challenges of poverty and inequality. Seoul Metropolitan Government hosts the "International Forum on Safety Income" in December to solve poverty and inequality The prolonged COVID-19 pandemic and AI technology advancement have transformed the paradigm of jobs, making the lives of the vulnerable even more difficult. As such, many cities around the world are engaging in discussions on […]

Germany will replace long-term unemployment benefits with a basic income

The Social Reform Act must be signed by President Frank-Walter Steinmeier. Photo: EPA
As of January 1 next year, a citizen or basic income should be introduced, which will replace the current long-term unemployment benefit, known as Hartz IV. 557 MPs voted for the compromise proposal, 98 voted against it, and two MPs abstained.

Behind the Bundestag, the proposal and thus the social reform of Chancellor Olaf Scholz’s government was also approved by the upper house of the parliament, Bundesratin which representatives of the 16 German federal states sit.
“This reform is a milestone in social policy in Germany,” Scholz […]

A Game-Changer in the Future of NFTs – Booster Marketplace

A Game-Changer in the Future of NFTs – Booster Marketplace

Fellow Citizens of The HyperNation,

Following our recently held event “The Circle of Convergence”, we are delighted to announce the launch of our very own ‘Booster Marketplace’ , officially live on 17 th November 2022.

The specially articulated marketplace will both be available on OpenSea and The HyperNation platform . It is a welcoming news for Citizens of The HyperNation as users can receive the rewards at a faster release rate and increased value.Summarizing the Booster features :- The Value Booster can increase the reward depending on their respective package The Speed Booster can shorten the overall waiting time of the […]

The Expanded Child Tax Credit Is Gone. The Battle Over It Remains.

The Expanded Child Tax Credit Is Gone. The Battle Over It Remains.

A pandemic-era program that sent monthly checks of up to $300 per child to most families drove down poverty rates. Amid new research about its merits, some Democrats are vowing to bring it back. Tax credit payments of $750 a month raised cash income by nearly 50 percent for Thomas Horton and his wife, Pamela Mudge, lifting them above the poverty line and providing them breaks from the family’s frugal norms.Credit…Nate Smallwood for The New York Times WASHINGTON — When the history of American hardship is written in some distant decade, two recent events may capture the whipsaw forces […]