What happened when people in this upstate New York town started getting monthly $500 checks

What happened when people in this upstate New York town started getting monthly $500 checks

For many New York City residents, the town of Hudson, about 120 miles north along the Hudson River, is an idyllic getaway spot with boutique hotels, art galleries, and access to nature trails.

But the reality for some of the town’s 6,000 residents is quite different. At 23%, Hudson’s poverty rate is twice the national average. Hudson mirrors the plight of many American small towns, where booming manufacturing has given way to service-industry jobs, which come and go according to a shaky economy, especially during the pandemic. So, Hudson seemed like a representative place in which to conduct a guaranteed […]

33 basic and guaranteed income programs where cities and states give direct payments to residents, no strings attached

33 basic and guaranteed income programs where cities and states give direct payments to residents, no strings attached

Los Angeles Mayor Eric Garcetti, right, talks with Michael Tubbs, founder of Mayors for a Guaranteed Income, after holding his annual State of the City address from the Griffith Observatory, in Los Angeles.Gary Coronado Guaranteed income programs provide hundreds or thousands of dollars a month to participants.

The programs became even more popular during the pandemic as it became clear how much direct checks help.

Insider found 33 active, or recently active, guaranteed income programs in the United States. The concept of a " universal basic income " has inspired widespread interest in recent years.More than […]

Five stimulus check payment programs that can replace the child tax credit as the last $300 for December is sent out

Five stimulus check payment programs that can replace the child tax credit as the last $300 for December is sent out

JUST because the Child Tax Credit is ending this year doesn’t mean there aren’t ways families can still earn a stimulus payment of some form.

Some states are providing a form of universal basic income (UBI) to families just as others are hoping to give their residents a state-wide stimulus check to help cover costs. There are other opportunities for people to gain financial support Credit: Getty Although these may not apply to everyone, here are five stimulus check programs that can help make ends meet. STATE AND CITY STIMULUS CHECKS

Some states and cities are offering their own version […]

Year-long Tacoma universal basic income pilot program kicks off

Year-long Tacoma universal basic income pilot program kicks off

After months of accepting applications, Tacoma’s universal basic income pilot program has officially kicked off.

Tacoma mayor considers universal basic income to ‘level the playing field’

Starting this week, the program will pay out $500 a month to 110 people every month for a year. Participants were chosen randomly with assistance from the Center for Guaranteed Income Research at the University of Pennsylvania, based on a handful of qualifying factors revolving largely around those laid out in the “ALICE” acronym: Asset-Limited, Income-Constrained, and Employed. A special focus was paid to BIPOC residents and single heads of household residents who […]

Council Approves $2 Million for Guaranteed Income Pilot Program

Council Approves $2 Million for Guaranteed Income Pilot Program

On Tuesday, the Montgomery County Council unanimously voted to approve an almost $2 million special appropriation for the FY22 Operating Budget to provide initial funding for a Guaranteed Income Pilot Program, according to a county press release .

The program would enroll 300 households and provide them with $800 each month for 24 months. A collaborative planning effort is underway to decide how people will be enrolled in the program.

It may also include individuals with or without families, according to the release. Efforts to address any impact from guaranteed income on other benefits and the evaluation of outcomes for participating […]

HDFC Life Systematic Retirement Plan launched. Here are key features

HDFC Life Systematic Retirement Plan launched. Here are key features

HDFC Life has launched ‘HDFC Life Systematic Retirement Plan’ – an individual, group, non-participating, non-linked, and savings deferred annuity plan that systematically allows you to save for your retirement years.

Why HDFC has launched this plan

HDFC Life in its statement said, “With increasing life expectancy and inflation in India, the need for retirement planning is critical. Further, movements in social structures like the growth of nuclear families, migration of younger generation for jobs, education etc have further deeply accentuated the need for timely retirement planning because retirement not only ensures additional income but also enables a person to […]

One in three children in Glasgow living in poverty and reliant on charity for food

One in three children in Glasgow living in poverty and reliant on charity for food

Third sector organisations were vital to ‘plug gaps’ during the covid pandemic One in three children in Glasgow are living in poverty with families reliant on charity organisations to keep them fed.

A report by anti-poverty groups has warned that ‘sweeping change’ is needed to help families living in poverty and reliant on food banks – particularly in the wake of the pandemic .

Third sector organisations have seen a ‘steep increase’ in the need for emergency food aid due to the economic impacts of covid with public sector support not being able to meet the needs of people experiencing […]

Year-long Tacoma universal basic income pilot program kicks off

Year-long Tacoma universal basic income pilot program kicks off

After months of accepting applications, Tacoma’s universal basic income pilot program has officially kicked off.

Tacoma mayor considers universal basic income to ‘level the playing field’

Starting this week, the program will pay out $500 a month to 110 people every month for a year. Participants were chosen randomly with assistance from the Center for Guaranteed Income Research at the University of Pennsylvania, based on a handful of qualifying factors revolving largely around those laid out in the “ALICE” acronym: Asset-Limited, Income-Constrained, and Employed. A special focus was paid to BIPOC residents and single heads of household residents who […]

Calls for all Scots to receive £213.59 monthly payment to curb rising foodbank use

Calls for all Scots to receive £213.59 monthly payment to curb rising foodbank use

Call for all Glaswegians to receive £213.59 monthly payment to bring families above breadline AN ANTI-POVERTY group has called for all Glaswegians to receive a monthly payment of at least £213.59 in an effort to curb the rising usage of food banks.

A report published today by Glasgow Community Food Network calls for a cash-first approach to be introduced to bring families above the breadline.

The group argues that UK government austerity and welfare reform measures have driven child poverty rates to "steadily" increase across the city. Glasgow Times: The authors say that inadequate support is causing families to struggle to […]

HDFC Life launches HDFC Life Systematic Retirement Plan

Rating: NAN / 5 stars. HDFC Life, one of India’s leading life insurance companies, has launched HDFC Life Systematic Retirement Plan – an individual, group, non-participating, non-linked, savings deferred annuity plan that systematically allows you to save for your retirement years.

With increasing life expectancy and inflation in India, the need for retirement planning is critical. Further, movements in social structures like growth of nuclear families, migration of younger generation for jobs, education etc have further deeply accentuated the need for timely retirement planning because retirement not only ensures additional income, but enables a person to deal with medical and […]