Tag: guaranteed income

To prevent infant deaths, 250 pregnant women in Philly will get $1,000 per month – with no strings attached

To prevent infant deaths, 250 pregnant women in Philly will get $1,000 per month – with no strings attached

Philly Joy Bank, a guaranteed income program meant to support pregnant women in neighborhoods where infant mortality rates have been the highest, will give 250 women $1,000 monthly with no restrictions for 18 months, including the first year after their children are born. An experimental program soon will give 250 pregnant women in Philadelphia monthly payments of $1,000 – with no strings attached – in hopes of improving the city’s infant mortality rate, which is the worst in the United States, and reducing racial disparities.

Philly Joy Bank, announced last year , builds on growing research into how guaranteed income […]

Double financial assistance for pensioners – See who is eligible

Double financial assistance for pensioners – See who is eligible

More than a million pensioners will receive a substantial financial boost during the Christmas period either through the provision of exceptional assistance (social solidarity allowance) or the receipt of the personal differential allowance.

Concurrently, around 1.5 million pensioners can expect an annual increase in December, projected to be 2.5% in alignment with inflation and GDP estimates. Simultaneously, extraordinary financial support is anticipated to be extended to five categories of vulnerable groups, including low-income pensioners, individuals with disabilities, families with dependents, uninsured elderly individuals, and minimum guaranteed income beneficiaries during the Christmas season.

The one-time financial aid allocated to pensioners and vulnerable […]

Californians Rejoice: $6000 Stimulus Checks Coming Your Way in 2024

Californians Rejoice: $6000 Stimulus Checks Coming Your Way in 2024

Californians Rejoice $6000 Stimulus Checks Coming Your Way in 2024 On June 26th, many Americans receive their $4,873 Social Security check: Are you one of them?

Will you be one of the taxpayers affected by the Treasury and IRS tax collection plan?

Claim your $1,300 Stimulus Check: Steps to follow if You haven’t received it California residents are in for a much-needed financial boost with the introduction of the $6000 Stimulus Checks Payment Program 2024 . This initiative is designed to assist those who have been significantly impacted by the economic challenges brought on by the […]

MetLife, Micruity Partner on Retirement Income Solutions

MetLife, Micruity Partner on Retirement Income Solutions

MetLife Inc., a provider of institutional income annuities, announced an expanded collaboration with Micruity, a retirement technology solutions firm, for MetLife’s Universal Digital Retirement Platform.

The new solution is an education, planning and annuity purchasing tool that integrates with current employment benefit, third party administrator and recordkeeping systems, the firms announced Thursday. Through the collaboration, plan sponsors will be able to increase access to immediate income annuities, provide educational materials on retirement income-related subjects and incorporate these options into their defined contribution plans.

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Micruity and MetLife Expand Collaboration to Enhance Access to Retirement Income Solutions

~ Digital Retirement Platform will deliver education and planning tools alongside increased accessibility to annuity products for defined contribution plans ~

NEW YORK–( BUSINESS WIRE )–Micruity, a recognized leader in retirement technology solutions, announced today an expansion of its collaboration with MetLife, Inc. (MetLife), a leading provider of institutional income annuities.

The two firms will collaborate on the development of MetLife’s Universal Digital Retirement Platform, an education, planning, and annuity purchasing tool that seamlessly and securely connects to existing employment benefit, third party administrator (TPA) and recordkeeping systems.This latest collaboration deepens the existing relationship between the two firms and will […]

Denver program providing direct cash to unhoused releases first-year results

Denver program providing direct cash to unhoused releases first-year results

First year of Denver’s Basic Income Project looks promising, report says. DENVER — What would happen if hundreds of people experiencing homelessness were given cash with no strings attached?

A project based in Denver has been doing just that and organizers say the first-year results are promising.

As an Army veteran of 13 years, Eleanor Cepero-Percy never imagined she’d end up unhoused. But that’s exactly what happened a few years ago.“It was horrible. It was awful. It was the worst thing that I’ve ever had that could ever go through,” said Cepero-Percy.But her luck started to change when she began participating […]

US payments update: Americans who can receive monthly checks of $500 for 1 year

US payments update: Americans who can receive monthly checks of $500 for 1 year

US payments There is a new update on US payments that Americans are eligible to receive this year, as the Chicago Resilient Communities guaranteed income pilot will deliver $500 monthly checks for 12 months. 5,000 residents were selected to receive the year-long payments in the program, which lasted through 2023. According to Chicago Mayor Brandon Johnson, his administration may restart the city’s Resilient Communities pilot program, which provided $500 monthly payments in 2022, and send the same amount to low-income households in 2024. Don’t forget that stimulus payments like this are designed to help millions of households keep up […]

Basic Income for Homeless Saved Taxpayers Thousands, Study Reveals

Basic Income for Homeless Saved Taxpayers Thousands, Study Reveals

A study has revealed that providing homeless people in Denver with a basic income saved taxpayers thousands of dollars.

Researchers from the Denver Basic Income Project (DBIP) released the findings of the study in their one-year evaluation on Tuesday.

In total, an estimated $589,214 was saved on public services, including ambulance trips, shelter stays, hospital visits, jail time, and stays at drug or alcohol treatment centers.A total of 807 people experiencing homelessness participated in the project. Participants were aged between 18 and 86, and had significant representation across gender, racial, and ethnic identities.The participants were randomly separated into three groups. One […]

$500 Monthly Payments for Americans: It won’t be easy, but hundreds of people will get them

$500 Monthly Payments for Americans: It won’t be easy, but hundreds of people will get them

$500 Monthly Payments for Americans: It won’t be easy, but hundreds of people will get them 1 One state just delivered the best possible news to thousands of citizens heading into the summer, with a historic payment that is by far the largest we’ve told you about so far. One of its counties is going to distribute $500/Monthly Stimulus Checks in June , in what will be the most remembered round since the 2021 round. We tell you what you need to do to apply, how to find out if you qualify, and other details to keep in mind […]

An experiment doled out money to homeless people in Denver, no strings attached. Here’s what happened.

An experiment doled out money to homeless people in Denver, no strings attached. Here’s what happened.

Urban Peak case managers Gabriella Materon and Dara Amott, right, distribute outreach aid to an encampment of unhoused Denver residents under the Sixth Avenue Freeway on February 15, 2024, in Denver. (Andy Colwell, Special to The Colorado Sun) An experiment to pay people who were homeless in Denver with no limits on how they could spend the money led to twice as many people in stable housing, according to researchers who released their one-year report Tuesday.

More than 800 people were selected to participate in the Denver Basic Income Project while they were living on the streets, in shelters, on […]