The New Jersey Foundation for Aging’s Executive Director, Melissa Chalker, was invited to testify at the inaugural meeting of the Assembly Senior Services Committee on January 27, 2020. The committee includes Chair Valerie Vainieri Huttle, Vice-Chair Shanique Speight and members BettyLou DeCroce, DiAnne C. Gove, Angela V. McKnight and P. Christopher Tully. This was […]
Tag: NJ Elder Economic Security Index
NJ Elder Economic Security Index
In 2009 NJFA released the first NJ Elder Economic Security Index Report. This report provided the cost of living for people over 65 in NJ. Not only did it determine how much seniors need to meet their basic needs in NJ, but also broke down the data for all 21 counties in NJ. ¬†If you […]
Affordable housing is more important than ever for low income seniors and low income families.
Affordable housing is more important than ever for low income seniors and low income families. A recent Appellate Division‚Äôs decision provides an important opportunity for municipalities to utilize much-needed housing trust funds to address the chronic shortage of affordable housing for low-income seniors across the state in the aftermath of Hurricane Sandy. Many of these […]
Heat and Energy Assistance
According to the federal government (US Energy Information Administration), heating bills are expected to increase slightly this season compared to last winter. Those who heat their homes with oil can expect to see an average of about $220 or 12% more this winter. Those households that heating with natural gas are expected to spend an […]
Utility Assistance
PSE&G has recognized that many of their customers have fallen on hard times and so they’ve come up with a new program to offer assistance.The program is called TRUE, Temporary Relief for Utility Expenses and it is designed to help moderate income households who are having difficulty paying their PSE&G bill.
Do you know how much you need to retire in New Jersey?
A recent survey by the Employee Benefit Research Institute reports that 43% of workers say they have less than $10,000 in savings. The annual survey, Retirement Confidence Survey, included 1,153 respondents age 25 and older who were employed or retired. 27% indicated they had less than $1,000 in savings. On top of that 24% reported […]