Category: Basic Income

Huge pension scheme change could boost retirement savings for millions

Huge pension scheme change could boost retirement savings for millions

Collective Defined Contribution is a new type of workplace pension A huge change to pension schemes could boost the savings for millions. Collective Defined Contribution (CDC) is a new type of workplace pension which could soon be expanded.

There are currently two main types of pensions available through employers – defined benefit and defined contribution. Defined benefit pensions pay you a guaranteed income in retirement based on your salary.

Defined contribution pensions allow you to build up a pot of money and take an income from it after you stop working. CDC pension schemes are where contributions are pooled together into […]

Social Security was only designed to help with 40% of your retirement – but think twice before choosing an annuity

Social Security was only designed to help with 40% of your retirement - but think twice before choosing an annuity

Guaranteed income can be a tricky concept in retirement planning

Got a question about investing, how it fits into your overall financial plan and what strategies can help you make the most out of your money? You can write to me at beth.pinsker@marketwatch.com. Please put "Fix My Portfolio" in the subject line.

Dear Fix My Portfolio,I just read your article about Christine Benz’s book "How to Retire." You mention that Benz talked about her own planning and included Social Security as well as consideration of an annuity.I am in my 70s and retired, so I have been thinking about retirement for […]

County board OKs HHS request to apply for $5M in funding

Yamhill County Health and Human Services could soon have an additional $5 million in state funding to address substance abuse and the money might be used on a much-needed detox or rehabilitation facility.

The Yamhill County Board of Commissioners unanimously approved a request from HHS Director Lindsey Manfrin Thursday to apply for funding from the Oregon Health Authority related to Measure 110 and its recent rollback.

If received, the funds can be used over a four-year period ending in 2029 on a variety of substance use treatment and support services.The funding will be used to support walk-in behavioral health assessments, expand […]

Reading A – Universal Basic Income

Reading A - Universal Basic Income

YouTube Clip: Rutger Bregman – Poverty isn’t a lack of character, it’s a lack of cash. Retrieved

https://www.youtube.com/watch?v=ydKcaIE6O1k

READINGS:Foster, G. (2016) ‘Universal basic income: the dangerous idea of 2016’. The Conversation.Retrieved: http://theconversation.com/universal-basic-income-the-dangerous-idea-of-2016-70395The resurrection of universal basic income (UBI) proposals in the developed world this year gainedsupport from some prominent Australians. But while good in theory, it’s no panacea for thechallenges of our modern economy. UBI proposals centre on the idea that the government wouldpay a flat fee to every adult citizen, regardless of his or her engagement in skill-building activities orthe paid labour market, as a partial or complete substitute for […]

Measure 118 overreaches, but does contain some ‘concepts of a plan’ for improving our tax system

Measure 118 would tax the sales of large corporations and return the proceeds in equal amounts to every state resident on their tax returns or through the Department of Revenue. (Getty Images) Measure 118 is more of a thought experiment than a credible ballot measure.

But despite the many problems with its proposal to increase corporate taxes to fund cash payments for Oregonians, the measure does contain, to borrow a phrase from the recent presidential debate, some interesting “concepts of a plan” to improve our current system of taxing and spending in Oregon.

I expect a majority of Oregonians, myself included, […]

United Way Partners With Sacramento County For Family Support Pilot

United Way Partners With Sacramento County For Family Support Pilot

Michael Tubbs was Stockton mayor from 2017 to 2021. Stockton was the nation’s first city to create a guaranteed income program. It ran from 2019 through 2020. OBSERVER file photo By Robert J. Hansen | OBSERVER Staff Writer

In 2019, Stockton became the nation’s first city to launch a guaranteed income program for its most disadvantaged residents. The program provided 25 low-income households with $500 a month for two years.

A study conducted by the University of Tennessee and the University of Pennsylvania found the program to be a success, showing participants experienced better health, found new job […]

Guaranteed Income Plan

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Savings Plan Guaranteed Income Plan Wouldn’t it be perfect if you were guaranteed a fixed amount of regular income and a life cover that protects your loved ones? The assured income could allow you to enjoy your life to the fullest, fulfil your needs and secure your retirement. Additionally, the life cover could protect your loved ones’ financial interests in your absence.You can achieve such financial certainty with guaranteed monthly income plans. What is a Guaranteed Income Plan? A guaranteed income plan is a type of life insurance that gives you a […]

SASSA Universal Basic Income

SASSA Universal Basic Income

You can check here for expected grants, amounts, eligibility, payment dates, and other facts for the SASSA Universal Basic Income 2024–2025. Through a variety of social grants, the South African Social Security Agency (SASSA) has long been instrumental in providing assistance to residents who are in need.

One big change that the country is anticipating is the implementation of the Universal Basic Income (UBI) in. This ground-breaking project seeks to provide a minimal degree of financial security for every individual by acting as a safety net. The anticipated awards, quantities, qualifying requirements, and payment schedules related to the SASSA Universal […]

The volume of apartment transactions in Seoul plunged due to the government’s tightening of lending ..

The volume of apartment transactions in Seoul plunged due to the government's tightening of lending ..

Seoul Mayor Oh Se-hoon’s Two-Year Experiment to Support Selection of Low-Income Classes Support if your median income is less than 85% Designed to keep support even if you’re working Three out of ten households have increased their earned income. In two years, the escape rate of recipients is 9% 吳 "Promoting National Expansion from Next Year" Lee Jae-myung’s basic income is simple ignorance. Seoul Mayor Oh Se-hoon. [Reporter Lee Seung Hwan] Among the recipients of the Seoul Metropolitan Government’s core welfare policy "Seoul Dimdol Income," which is in its second year, the proportion of those who no longer need […]

Paramount Sued By Hundreds Of Workers After Termination

Paramount Sued By Hundreds Of Workers After Termination

Paramount is facing a time of major transition right now, and that’s putting it politely. The upcoming merger with Skydance has put the future of several franchise properties up in the air, and there has been major speculation about how this could affect hit IPs like Star Trek.

Now, Paramount is facing a class-action lawsuit from its own former employees, with workers alleging that they were not given the minimum notice of 90 days before they were laid off. Not Given Proper Notice

Paramount workers Right now, Paramount’s former workers are alleging that the company violated New York’s Worker […]