Tag: guaranteed income

Lincoln Financial Grows Guaranteed Lifetime Income Products

Lincoln Financial Grows Guaranteed Lifetime Income Products

Image Credit: © Rafael Henrique | Dreamstime.com Lincoln Financial Group is expanding its lineup of guaranteed lifetime income offerings.

The asset manager announced on Tuesday that it would be growing its Lincoln PathBuilder Income product, powered by YourPath, to add a lifetime income guarantee to an underlying asset allocation investment fund.

The newly added lifetime income balanced fund option is available within managed accounts and as a stand-alone option in defined contribution (DC) retirement plans. With the product, participants can: “Receive guaranteed payments for the rest of their lives; Enjoy protection in times of declining markets; Participate in rising markets with […]

London: Anthem Press, pp. 337-350.

London: Anthem Press, pp. 337-350.

Basic Income and Productivity in Cognitive Capitalism

Stefano Lucarelli 1 and Andrea Furnagallr’ 1 University of Bergamo, Italy and 2 University of Pavia, Italy

INTRODUCTION In recent years, many analysts have noted that within advanced capitalist societies, income polarization has steadily increased. Such a polarization is a direct consequence of the emergence of a new accumulation paradigm that, in recent times, several scholars do not hesitate to define as cognitive capitalism (Fumagalli 2000; Vercellone 2003, 2006). The aim of this article is to show that basic income (BI) is not a utopian proposal, but rather an71 LIVING STANDARDS […]

Nearly half of workers say they work 4 hours a day

Nearly half of workers say they work 4 hours a day

Indirect r/BasicIncome – Nearly half of workers say they work 4 hours a day philistus

• 18h ago

Shhh…. ydieb • 8h ago Or perhaps codify it so that we don’t have to waste 4 hours each day which only leads to more burnout for absolutely no gain, for both you and the company. Dreadsin • 6h ago Propaganda to implement carceral work schedules and force people into offices where they’ll be watched like prisoners by their managers LinuxMage • 7h ago This is at best inaccurate. Try asking doctors or nurses or truck drivers.This survey was only amongst […]

Guaranteed Income Supplement Benefit: What Is It & Who Is Eligible?

Guaranteed Income Supplement Benefit: What Is It & Who Is Eligible?

The Guaranteed Income Supplement (GIS) is a vital financial support program designed to help low-income seniors in Canada. This benefit is an addition to the Old Age Security (OAS) pension, providing extra income to those who need it most. Here’s a comprehensive guide to understanding what the GIS is, who is eligible, and how you can apply for it. Table of Contents

What Is the Guaranteed Income Supplement (GIS)?

Who Is Eligible for the GIS? How Much Can You Receive from GIS? How to Apply for GIS What Is the Guaranteed Income Supplement (GIS)? The […]

Harris County’s Revamped Guaranteed Income Program To Provide $500 Monthly Payments To 2,000 Low-income Families

Harris County is revising its guaranteed income program, “Uplift Harris 2.0,” to address legal concerns and provide debit cards with spending limits to around 2,000 low-income families after the Texas Supreme Court suspended the original program for violating state law. Harris County to Revamp Guaranteed Income Program After Texas Supreme Court Intervention

Houston Landing reported that Harris County officials are gearing up for another attempt at implementing their guaranteed income initiative, Uplift Harris, after encountering obstacles earlier this year. The program was halted by the Texas Supreme Court due to the state attorney general’s claim that providing $500 […]

‘Uplift Harris’ Guaranteed Income Program Revived Despite Ongoing Legal Disputes

‘Uplift Harris’ Guaranteed Income Program Revived Despite Ongoing Legal Disputes

2 min read

Despite a lawsuit by Attorney General Ken Paxton and a Texas Supreme Court stay order, the Harris County Commissioners Court ended Tuesday’s meeting with a 4-1 vote to revive Uplift Harris , its controversial guaranteed income pilot program.

Originally, the county voted to give $500 payments for 18 months to 1,928 low-income Harris County households as selected by lottery. The county was eyeing its leftover $20.5 million in unspent federal aid from the American Rescue Plan Act (ARPA). The original intent of the ARPA money was to provide economic relief from the COVID-19 shutdowns.Paxton sued the court on […]

Guaranteed Income Supplement 2024: What is GIS Canada & Who is Eligible for the Support?

Guaranteed Income Supplement 2024: What is GIS Canada & Who is Eligible for the Support?

The Guaranteed Income Supplement (GIS) is a means-tested benefit designed to provide financial support to individuals with extremely low incomes, helping to prevent them from falling into poverty. The primary beneficiaries of the GIS program are typically women who have never worked and, therefore, may not have contributed to the Canada Pension Plan (CPP) or private pension plans.

Contents Guaranteed Income Supplement 2024

Old Age Security (OAS) and GIS Eligibility What is GIS Canada? Key Points about GIS Payments Eligibility Criteria for GIS Support Important Notes How to Claim GIS Payments Guaranteed […]

UBI – Tried, Tested And Failed As Expected

UBI – Tried, Tested And Failed As Expected

A Universal Basic Income (UBI) sounds great in theory. According to a previous study by the Roosevelt Institute, it could permanently increase the U.S. economy by trillions of dollars. While such socialistic policies sound great in theory, history, and data, they aren’t the economic saviors they are touted to be. What Is A Universal Basic Income (UBI)

To understand why the theory of universal basic income (UBI) is heavily flawed, we need to understand what UBI is. “ Basic income , also called universal basic income ( UBI ), is a public governmental program for a periodic payment […]

Universal Basic Income – Tried, Tested and Failed as Expected

Universal Basic Income – Tried, Tested and Failed as Expected

A Universal Basic Income (UBI) sounds great in theory. According to a previous study by the Roosevelt Institute, it could permanently increase the U.S. economy by trillions of dollars. While such socialistic policies sound great in theory, history, and data, they aren’t the economic saviors they are touted to be. What Is A Universal Basic Income (UBI)

To understand why the theory of universal basic income (UBI) is heavily flawed, we need to understand what UBI is. “ Basic income , also called universal basic income ( UBI ), is a public governmental program for a periodic payment […]

Fresno Families to Benefit from $500 Monthly Payments Starting July 2024

Fresno Families to Benefit from $500 Monthly Payments Starting July 2024

California has introduced a new financial support program specifically for Fresno residents who are struggling financially. This program, called the Advance Fresno Guaranteed Income Program, is designed to provide a steady income to families with young children who are facing economic hardships. In this article, we’ll break down what this program is, who can apply, and how to get started. What Is the Advance Fresno Guaranteed Income Program?

The Advance Fresno Guaranteed Income Program is a new initiative by the state of California aimed at helping families in Fresno County who are struggling to make ends meet. Starting soon, […]