Category: Basic Income

Actor Song Jae-rim has died.According to the Seongdong Police Station in Seoul on the 12th, Song Jae..

Actor Song Jae-rim has died.According to the Seongdong Police Station in Seoul on the 12th, Song Jae..

Opposition lawmakers pose with pickets at the inauguration ceremony of the "National Assembly Solidarity for Impeaching Yoon Suk Yeol" held at the National Assembly Hall on the 13th. [Photo source = Yonhap News] The "National Assembly Solidarity for Impeachment of the Yoon Suk Yeol" was officially launched on the 13th, involving more than 40 lawmakers from five opposition parties, including the Democratic Party of Korea.

"The indescribable manipulation of state affairs revealed by the ‘Myeong Tae-gyun gate’ is no longer able to quell public anger," the impeachment alliance said at the launch ceremony. "We will continue to expand the impeachment […]

Denver City Council approves mayor’s 2025 budget. Here’s what it’ll fund in the coming year

Denver City Council approves mayor's 2025 budget. Here's what it'll fund in the coming year

The Denver City Council approved the city’s 2025 budget Tuesday. It’s also the tightest budget the city has seen since 2011, aside from the pandemic.

DENVER — The Denver City Council approved the city’s 2025 budget Tuesday by a vote of 13 to 0. At $1.76 billion, the budget is only slightly higher than this year’s budget. It’s also the tightest budget the city has seen since 2011, aside from the pandemic.

City officials attribute the tight budget to pandemic funding from the federal government drying up and sales tax revenue softening. Despite that, the budget funds many of Mayor Mike […]

Pensions – Articles – Bridging the income gap when retiring early

Four fifths of over-50s (42%) have reduced their working hours or plan to as they approach retirement. 85% of over 50’s expect to use their State Pension to fund part of their retirement. One in five (19%) of those who have or plan to purchase a fixed term annuity do so to help plug the income gap
Three quarters (75%) of over-50s say the ability to use their pension savings to bridge any income gap between reducing their working hours or fully retiring and the State Pension kicking in is important to them, according to new research from […]

SA joblessness crisis: Despite improvement, unemployment remains stubbornly high

SA joblessness crisis: Despite improvement, unemployment remains stubbornly high

/ MEDIA STATEMENT / The content on this page is not written by Polity.org.za, but is supplied by third parties. This content does not constitute news reporting by Polity.org.za.

South Africa’s unemployment rate decreases marginally by 1.4 percentage points to 32.1% in Q3:2024. And although any improvement should be celebrated, the reality is this number remains stubbornly high.

8 million South Africans are unemployed, with no income to support their families.In terms of the expanded definition, which includes the people who have given up looking for jobs, unemployment decreased by 0.7% points but still sits at a socially unsustainable 12.2 million […]

Ramona McCloskey

Ramona McCloskey

Jo Thompson

4h

Don’t forget the plant underpinnings…. like good underwear, they hold a look together even when the external outfit is boring and grey. Poetic Outlaws 15h "To the degree you approach the truth, your solitude will increase…Keep going. Don’t be afraid. The worst has already taken place. Of course, life will rip you apart again; but, as for you, you no longer have much to do with it. Remember this: fundamentally, you are already dead. You are now face to face with eternity."– Michel Houellebecq Tom Cox 2d I’ve said it before and I’ll […]

Up to $6,000 of stimulus payments left in Fresno California

Fresno’s Guaranteed Income Program Offers Financial Relief Amid High Living Costs Advertisement

In Fresno, California, a new Guaranteed Income Program is set to distribute $6,000 over 12 months to qualifying low-income families.

In a bold move to combat the financial strain faced by many of its residents, Fresno, California, is launching a Guaranteed Income Program that promises to deliver $6,000 over the course of a year to families in need. This initiative is particularly significant in a state like California, where the cost of living often outpaces the average income, leaving many families struggling to make ends meet. The program is […]

Who Is Eligible For The $4,530 Payments In California?

As 2024 draws to a close, residents in several U.S. states can look forward to a much-needed financial boost just in time for the holiday season. The latest round of stimulus payments, launched by the Internal Revenue Service (IRS) in October 2024, aims to ease the financial burden caused by inflation and the lasting effects of the COVID-19 pandemic. These government payments are designed to support low- and middle-income families and help them manage basic expenses during the holidays. The Government’s Strategy to Combat Inflation

The IRS’s latest payments are part of the broader Guaranteed Basic Income (GBI) […]

Scottish landlords partner to offer homes for military veterans

Scottish landlords partner to offer homes for military veterans

Hanover Scotland and Veterans Housing Scotland have formed a partnership to provide homes for military veterans. A relief outside the Scottish veterans’ housing association in Edinburgh (picture: Alamy) Sharelines

Hanover Scotland and Veterans Housing Scotland have formed a partnership to provide homes for military veterans #UKhousing

Hanover Scotland said its relationship with Veterans Housing Scotland would help people “integrate into communities around the country”.Through the partnership, veterans and their families have access to 18 specially designated homes across Scotland. The organisations will also raise awareness and understanding of veterans’ contributions to society.Hanover Scotland manages 5,000 homes, mainly for older people, while […]

National Treasury decides against the introduction of a basic income grant

National Treasury decides against the introduction of a basic income grant

The National Treasury has dismissed the idea of a basic income grant for South Africans, estimating it would cost around R400 billion per year, a burden the economy cannot bear without permanent tax hikes, as reported by Cape {town} Etc .

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This stance contrasts with previous political promises to pursue a basic income grant.In its Medium Term Budget Policy Statement (MTBPS) released in October 2024, the Treasury explained that without a means test, a basic income grant is unfeasible and immeasurable.Over the next three years, 30.6% […]

Research reveals ‘clear happiness advantage’ for those with annuities

Retirees with a guaranteed income reported higher levels of satisfaction and faced fewer affordability challenges, a study from Legal & General and the Happiness Research Institute has found.

The research, which explored the lives and finances of 3,000 UK retirees, examined the connection between financial security and wellbeing in retirement and the link between annuities and happiness.

This revealed that retirees with an annuity scored more positively across multiple well-being measures than those without. They also reported greater satisfaction with their current lives, relationships, free time, and social activities.In particular, annuity holders were more likely to report lower levels of stress […]