Preckwinkle’s $9.9B Budget Proposal Funds Violence Intervention, Pauses Guaranteed Income Program – WTTW (Chicago)

Preckwinkle’s $9.9B Budget Proposal Funds Violence Intervention, Pauses Guaranteed Income Program – WTTW (Chicago)

“There are no new taxes, fines or fees in this budget,” Cook County Board President Toni Preckwinkle said. Her $9.9 billion plan — a 6.8 percent increase from the 2024 budget — calls for investments in opioid addiction remediation, community violence intervention, firming up how generative artificial intelligence can be used, adding employees at the assessor’s office to help with property valuations and adding solar panels to county properties.

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Preckwinkle’s $9.9B Budget Proposal Funds Violence Intervention, Pauses Guaranteed Income Program

Preckwinkle’s $9.9B Budget Proposal Funds Violence Intervention, Pauses Guaranteed Income Program

Cook County Board President Toni Preckwinkle appears on “Chicago Tonight” on Nov.9, 2022. (WTTW News) As Chicago and its school district wrestle with deficits and the possibility of a property tax rate increase, Cook County’s budget for next year is on path to what board President Toni Preckwinkle described as a “good news budget.”

“There are no new taxes, fines or fees in this budget,” Preckwinkle told reporters in a preview of the vision she’ll outline in a Thursday morning speech. “It reflects our choices we made over the last 14 years and strong fiscal management.”

When asked, she declined to […]

El Paso News, Weather, Sports, Breaking News

El Paso News, Weather, Sports, Breaking News

3 years ago LA County launching ‘guaranteed income’ program, joining national trend Los Angeles County is piloting a program that gives 1,000 randomly selected people a “guaranteed income” of $1,000 a month for three years. Individuals hoping to participate in the new program, titled “Breathe,” have to apply by April 13. Eligibility…

3 years ago California approves 1st state-funded guaranteed income plan SACRAMENTO, Calif. (AP) — California lawmakers on Thursday approved the first state-funded guaranteed income plan in the U. S. , $35 million for monthly cash payments to qualifying pregnant people and young adults who recently left […]

How is St. Louis’ guaranteed basic income pilot program going?

How is St. Louis' guaranteed basic income pilot program going?

Following a judge’s temporary restraining order, the 18-month pilot program providing low-income families with about $500 per month now relies on private funding.

ST. LOUIS — At just over halfway through the city’s guaranteed basic income pilot program, St. Louisans are still getting their monthly payments, according to City Treasurer Adam Layne. A temporary restraining order against the use of American Rescue Plan Act funds , however, has changed how the pilot is being funded.

The 18-month pilot program provides low-income families with about $500 per month, originally paid out from a pool of $5 million from ARPA funding. A judge […]

Osprey Retirement Honors Eric Hutter’s 12-Year Milestone on Florida Radio

Osprey Retirement Honors Eric Hutter’s 12-Year Milestone on Florida Radio

Florida’s leading retirement firm, Osprey Retirement Solutions, celebrates Eric Hutter’s 12 years of success on the Safe Money and Income Radio Show. Osprey Retirement Solutions proudly celebrates a significant milestone as Eric Hutter, the firm’s President, and Florida’s trusted financial expert, marks 12 successful years on the air with his show Safe Money and Income Radio. With over 30 years of expertise, Eric Hutter, a multi-state licensed financial guru, helps people navigate retirement using income planning and guarantees.

In a recent statement, Darin Lucas, CEO of Aegis Financial, announced, "Over the past 12 years, Hutter has reached thousands of listeners, […]

Huge pension scheme change could boost retirement savings for millions

Huge pension scheme change could boost retirement savings for millions

-Credit: (Image: Reach Publishing Services Limited) 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 a collective fund and […]

$4100 CRA Payment Coming in October 2024: Fact or Fiction?

$4100 CRA Payment Coming in October 2024: Fact or Fiction?

$4100 CRA Payment Coming in October 2024 There has been a lot of buzz recently regarding a $4,100 CRA payment that is rumoured to be coming to seniors in October 2024 . This news has generated excitement among pensioners who could benefit from extra financial support, especially with rising living costs. But is there any truth to these claims? Let’s break down what is known so far, clarify eligibility criteria, and offer insights into what Canadian seniors can expect in terms of payments this October. $4100 CRA Payment Coming in October 2024: Fact or Fiction?

While the news […]

Shreveport Guaranteed Income Program Shows Positive Impact on Financial Stability, Parenting, and Well-Being

Shreveport, LA – The Shreveport Guaranteed Income Program (SGIP) has demonstrated significant improvements in financial stability, food security, housing, and overall well-being for participating single-parent families, according to a new independent report from Abt Global. The SGIP, which provided $660 per month to 110 single-parent households for 12 months, was developed through a partnership between the City of Shreveport, Mayors for a Guaranteed Income, and United Way of Northwest Louisiana.

Key findings from the report highlight several areas where SGIP participants saw tangible benefits: Financial Stability : SGIP participants were more likely to report their household financial situation as “managing.” […]

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 […]