Tag: guaranteed income

Retired postmen to become Nagad Uddokta

Retired postmen to become Nagad Uddokta

A Nagad postman. — Press release All postmen or bearers under the Bangladesh Postal Department can now become Uddokta, or entrepreneurs, of Nagad if they want upon their retirement, said a press release.

Nagad, country’s most popular mobile financial service, will be instrumental in the postmen’s journey to becoming Uddokta. Nagad has taken up a scheme with the aim of providing a guaranteed income opportunity after the retirement of postmen. In addition to earning extra money, they will be able to ensure affordable services of Nagad for the common people to the remote part of the country.

Under the programme, Nagad […]

Philadelphia conducts a guaranteed income experiment on a trial basis

Philadelphia conducts a guaranteed income experiment on a trial basis

City from Chicago To Cambridge Massachusetts is also stepping into a program to fine-tune traditional welfare payments to provide unlimited funding to recipients, and is trying to further test its dissertation in the United States. Philadelphia Mayor Jim Kenney is a member of the Mayor of Guaranteed Income, a coalition of elected officials from the Democratic Party of Japan who promised to try such a program.

In addition to funding, Philadelphia’s WorkReady initiative has partnered with the Office of Community Empowerment and Opportunity and JEVS (Jewish Employment Vocational Service) Human Services to “develop case management, coaching, license counseling, and peer-to-peer […]

An Annuity 101 Guide for Consumers Who Want Fixed Annuity Rates

An Annuity 101 Guide for Consumers Who Want Fixed Annuity Rates

Are you looking for an effective way to manage your retirement income? If so, then you may want to consider an annuity. Why? It will provide regular and guaranteed payments,…

Are you looking for an effective way to manage your retirement income? If so, then you may want to consider an annuity . Why? It will provide regular and guaranteed payments, similar to those from a pension plan. In fact, 9 in 10 investors, according to the Protected Retirement Income and Planning Study conducted by ALI and CANNEX, want their retirement income plan to guarantee a guaranteed income or protect […]

Secure your income with Edelweiss Tokio Life’s Premier Guaranteed Income Plan

Secure your income with Edelweiss Tokio Life’s Premier Guaranteed Income Plan

Edelweiss Tokio Life – Premier Guaranteed Income plan is a guaranteed income plan that comes with a life cover and offers tax benefits too.

Edelweiss Tokio Life Premier Guaranteed Income solution is a guaranteed income plan that comes with a life cover and offers tax benefits too. You can customize this plan to suit your financial goals.

The Covid-19 pandemic has caused an increased uncertainty in the country as several families have seen an erosion in their savings. Hefty hospital bills due to unexpected medical exigencies or relying on savings to fulfil monthly expenses in the aftermath of salary cuts […]

Boulder proposing guaranteed income pilot program

Boulder proposing guaranteed income pilot program

Photo by Sharon McCutcheon on Unsplash With millions of federal dollars in hand, Boulder is poised to give low-earning residents what they need most: Cash, to spend on whatever they like.

City are proposing a guaranteed income pilot program, starting this year and running through 2024. Unlike most government assistance, it would not come with strings or restrictions, but allow recipients the freedom to put the money toward whatever they need most.

“The basic concept,” staff wrote in notes to council, released Thursday, “is to provide a flexible, regular cash payment to low-income residents to be able to utilize as individuals […]

California’s next attempt at universal basic income could be on college campuses

California’s next attempt at universal basic income could be on college campuses

SACRAMENTO —

California could send $500 a month with no strings attached to college students from low-income families as part of the Legislature’s latest approach to a guaranteed basic income plan.

State Sen. Dave Cortese (D-San Jose) is considering legislation that would create a pilot program at select California State University campuses, issuing monthly stipends for one year to students whose family income is in the bottom 20% of earners in the state. Up to 14,000 students could be eligible.Nearly 11% of the CSU system’s 480,000-plus students said they experienced homelessness in 2018, according to a report from the Office […]

Scrap Universal Credit and replace it with £163.50 guaranteed income, proposal says

Scrap Universal Credit and replace it with £163.50 guaranteed income, proposal says

The proposal would see Universal Credit replaced with a weekly £163.50 payment A proposal aims to shake up the benefits system by scrapping Universal Credit and replacing it with guaranteed minimum income which would give all adults at least £163.50 a week.

The idea has been put forward by the Commission on Social Security group as a solution to fight poverty.

The change would see Universal Credit replaced with a ‘Guaranteed Decent Income’ of £163.50 for all adults.But unlike Universal Basic Income systems trialled in other European countries, such as Finland, which pays a weekly or monthly sum to all adults, […]

Returns in the form of regular income? Find out how!

Returns in the form of regular income? Find out how!

Returns in the form of regular income? Find out how! 1

Have difficulty keeping a job? Nothing appetising on the way?

Don’t worry; there are numerous ways to ensure a consistent monthly income. Are you wondering what we’re on about?Folks, today’s topic is the monthly income scheme !It is not uncommon for your business or employment to fail to offer you the monetary fulfilment you want. It’s also possible that you’re between jobs and in need of financial security. So, what path should you take to ensure that you continue to get a regular monthly income regardless of your circumstances?That’s […]

Hundreds of Americans can now apply for monthly $500 payments for a year – here’s how to claim

Hundreds of Americans can now apply for monthly $500 payments for a year – here’s how to claim

HUNDREDS of Americans can now start applying for monthly payments worth $500.

If you are a low-earner living in Atlanta, Georgia , you might be eligible for the Income Mobility Program for Atlanta Community Transformation (I.M.P.A.C.T). Eligible residents must have an income 200% below the federal poverty line This is done in partnership with the city and the Urban League of Greater Atlanta, and will help 300 residents for 12 months.

To be eligible, you must meet each of the following criteria: Be at least 18 years old Live in Atlanta Have an income below 200% of the federal poverty line […]

Basic Income is the Wrong Solution for Atlanta’s Poor

My colleague at the Georgia Center for Opportunity Erik Randolph, with Dr. Vance Ginn of the Texas Public Policy Foundation penned an op-ed about Atlanta’s new UBI pilot program . Randolph and Ginn say there is a better way to help lift people out of poverty. For Atlanta to make a real difference in seeking innovative solutions to providing poverty relief, the city must focus on giving those in need opportunity, not simply pity. Most people living in poverty want to provide for their families, get ahead, and live dignified, self-sufficient lives.

In 2020, the poverty rate in Georgia was […]