Tag: guaranteed income

Finance Minister Harris Georgiades claimed on Monday that many of the government’s economic reforms had been introduced CHALLENGED on Monday morning about the ineffectiveness of the government’s economic reform programme, finance minister Harris Georgiades argued that this was an unfair criticism because many reforms had been introduced.

He cited the minimum guaranteed income (MGI) as an example of a successful reform and it is true that this may well be remembered as the most successful measure introduced by the government. Perhaps the privatisation of Limassol port could also be considered a positive reform.

The list on the minus side, however, is […]

Full Post at cyprus-mail.com

Income for seniors can offer some degree of protection against the rising cost of living. (dolgachov/Getty Images/iStockphoto) The financially frail senior on a fixed income is a stereotype ready for retirement.

A significant part of your income can be inflation-protected in one way or another when you’re retired, which is to say it’s not fixed at all.

Plenty of Canadians in the work force are living on a fixed income. They’re the ones who work for government agencies or companies that have frozen wages for their employees in a slow economy. Try raising kids and maintaining a home when your wages […]

Full Post at www.theglobeandmail.com

What made financial headlines over the weekend? Pensions – the real gender pay gap

Coming as it does hot on the heels of the row over BBC salaries , this Sunday Times article is likely to further concern and infuriate female clients, revealing as it does details of the stark differences in the sizes of men’s and women’s pension pots.

First comes some good news – thanks to automatic enrolment, women in full-time work are almost as likely as men to have some sort of pension – 69% versus 70% – but the article goes on to claim women’s pensions […]

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Photo Guillaume St-Pierre
At left, Raymond St-Onge, 80 years, and to the right, Gerald Courtemanche, 69 years of age, are cut down without notice to their guaranteed income supplement. It is thanks to a volunteer (center), Gerald Cholette, 82 years of age, that their files would be in the process of being settled.

Guillaume St-Pierre
Saturday, 29 July, 2017 08:00UPDATE Saturday, 29 July, 2017 08:00Look at this article Two Laval residents aged and nailed to their walker live in the anguish of being recently cut their income in half by the federal government, without notice to you. “It’s been days that […]

Full Post at sherbrooktimes.com

This is the ninth article in a series on retirement. In this piece I will answer questions 17, 18, 19 and 20 of 32 questions everyone must answer before deciding on retirement.
17. What expenses don’t I know about in retirement?
I have talked about estimated retirement expenses in question 13. However, there are some things that require repeating and more explanation. Many folks underestimate the amount of money they will lavish upon kids and grandkids. If you don’t have grandchildren, you have no clue what is coming and how much it will change your life (and your checkbook). […]

Full Post at marshfield.wickedlocal.com

Eddie Dennis has swapped the classroom for a wrestling ring A former headteacher has listened to the advice he gives pupils by quitting his job to follow his dream.

Edward Dennis, originally from Gwaun cae Gurwen, has spent his career juggling teaching and performing in the pro-wrestling circuit.

He has a degree in Maths and trained to be a teacher in Cardiff before moving to Berkshire, where he took up a position at an independent school in 2010.The 31-year-old said: “This is obviously a massive risk to take leaving a job with a guaranteed income, but this is something I’ve wanted […]

Full Post at www.southwalesguardian.co.uk