Tag Archives: Basic income

Swiss to vote on 2,500 franc basic income for every adult

Switzerland will hold a vote on whether to introduce a basic income for all adults, in a further sign of growing public activism over pay inequality since the financial crisis.

A grassroots committee is calling for all adults in Switzerland to receive an unconditional income of 2,500 Swiss francs ($2,800) per month from the state, with the aim of providing a financial safety net for the population.

Organizers submitted more than the 100,000 signatures needed to call a referendum on Friday and tipped a truckload of 8 million five-rappen coins outside the parliament building in Berne, one for each person living in Switzerland.

Read more » Switzerland
See more » http://www.reuters.com/article/us-swiss-pay-idUSBRE9930O620131004

 

Finland to pay every citizen $1,100 per month and scrap all other benefits in effort to reduce unemployment rate

By Adam Bolt, The Telegraph

Finland’s government is drawing up plans to pay every citizen a basic income of euros 800 ($1,165) each month, scrapping benefits altogether.

Under proposals drafted by the Finnish Social Insurance Institution (Kela), the tax-free payments would replace all other benefit payments, and would be paid to all adults regardless of whether or not they receive any other income.

While it may sound counterintuitive, the basic income is intended to encourage more people back to work in Finland, where unemployment is at record levels. At present, many unemployed people would be worse off if they took on low-paid temporary jobs due to loss of welfare payments.

More than 10 per cent of Finland’s workforce is unemployed, rising to 22.7 per cent among younger workers.

A survey commissioned by Kela found that close to 70 per cent of the population favours the idea of a national basic income.

Read more » National Post
See more » http://news.nationalpost.com/news/finland-to-pay-every-citizen-1100-per-month-and-scrap-all-other-benefits-in-effort-to-reduce-unemployment-rate

Switzerland: a guaranteed monthly income?

Will the Swiss vote in a guaranteed annual income?

by Tyler Cowen

Switzerland will hold a vote on whether to introduce a basic income for all adults, in a further sign of growing public activism over pay inequality since the financial crisis.

A grassroots committee is calling for all adults in Switzerland to receive an unconditional income of 2,500 Swiss francs ($2,800) per month from the state, with the aim of providing a financial safety net for the population.

Organizers submitted more than the 100,000 signatures needed to call a referendum on Friday and tipped a truckload of 8 million five-rappen coins outside the parliament building in Berne, one for each person living in Switzerland.

Read more » Marginal Revolution
http://marginalrevolution.com/marginalrevolution/2013/10/will-the-swiss-vote-in-a-guaranteed-annual-income.html

Switzerland: 2,500 franc basic monthly income for every one

Swiss to vote on 2,500 franc basic income for every adult

(Reuters) – Switzerland will hold a vote on whether to introduce a basic income for all adults, in a further sign of growing public activism over pay inequality since the financial crisis.

A grassroots committee is calling for all adults in Switzerland to receive an unconditional income of 2,500 Swiss francs ($2,800) per month from the state, with the aim of providing a financial safety net for the population.

Organizers submitted more than the 100,000 signatures needed to call a referendum on Friday and tipped a truckload of 8 million five-rappen coins outside the parliament building in Berne, one for each person living in Switzerland.

Read more » Reuters
http://www.reuters.com/article/2013/10/04/us-swiss-pay-idUSBRE9930O620131004