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Wednesday, May 30, 2018

Goldberg, Ultrino Announce Women’s Economic Empowerment Event in Malden

Goldberg, Ultrino Announce Women’s Economic Empowerment Event in Malden

BOSTON – Treasurer Deb Goldberg and Representative Steve Ultrino (D–Malden) announced a Malden-based event for the Women’s Economic Empowerment Series. The workshop, hosted by the Treasurer’s Office of Economic Empowerment (OEE) and Representative Ultrino, is a free program targeting issues around women’s economic disparities, including the gender wage gap, money management, retirement and investment strategies for women. The workshop will be held at Anthony’s of Malden on Saturday, June 9th.

“Women face unique challenges when it comes to financial security,” said Treasurer Deb Goldberg. “This Program will provide critical information that will give women the skills they need to be successful in today’s economy. When we invest in women, we empower women to invest in themselves.”

“I am grateful to the Treasurer and the sponsors of this program as it will enable women in my district to have the same opportunities and skills afforded to all people across the Commonwealth,” said Representative Steven Ultrino. “For the past three years, I have served on the Economic Empowerment Trust Fund, where we have discussed the importance of breaking down inequitable systems. This program will help close economic disparities by empowering women with information and resources they need to succeed.”

“At Citizens Bank we are committed to helping our neighbors reach their potential, and our communities thrive,” said Jerry Sargent, President of Citizens Bank Massachusetts. “Through our Citizens Helping Citizens Manage Money partnership with the Women’s Economic Empowerment Series, women are gaining the confidence and tools they need to budget, save and take charge of their personal finances.”

Women, on average, earn less than men over the course of their working lives because of the wage gap and more likely to leave the workforce to care for family members. The Legislature recently passed two bills addressing this issues: one concerning pay equity and one protecting pregnant workers. Malden was chosen as part of an expansion of the Women’s Economic Empowerment Series to bring economic security workshops to women across Massachusetts to help empower women and give them the tools to reach their full financial potential.

The program will include financial education workshops and salary negotiation training. Lunch will be provided to participants. For more specifics on the event details, programmatic content, and to register please visit the program’s site here. The Women’s Economic Empowerment Series is made possible by a grant from Citizens Bank.

On day one, Treasurer Goldberg created OEE to implement a range of economic empowerment initiatives including closing the gender wage gap, increasing access to financial education, improving college affordability, and investing in STEM careers and education. For more information visit http://www.mass.gov/treasury/empowerment or follow @EmpowermentMA on Twitter.

Representative Ultrino is a member of the state Economic Empowerment Trust Fund Board, which is chaired by Treasurer Goldberg. The Trust Fund Board was established in 2015, and its mission is to educate and provide the resources and opportunities for people of all ages to empower themselves to make informed financial decisions throughout their lives.

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