Posts Tagged ‘universal basic income’

universal basic income experiment

Germany embarks on three-year universal basic income experiment

12:49 FEBRUARY 28, 201

Germany embarks on three-year universal basic income experiment

€416 a month allowance for 250 people over a three year period.

The pilot programme emulates the two-year experiment by Finland’s Social Insurance concerning Universal Basic Income which ended in January.

The broad conclusion in Finland is that the programme bettered the general quality of life of its participants without achieving a major boost to their employability or social standing.

The German experiment, however, has significant differences. Unlike what was rolled out in Finland, Germany’s planned programme – referred to as Harz Plus – is a private initiative by the Berlin-based non-profit organisation Sanktionsfrei.

Unlike normal “job-seeking” allowances, the so-called Harz Plus payment will not require that an individual provide proof that the beneficiaries are seeking employment. The German experiment will provide a safety net and the participants will be regularly interviewed to document the effect of the allowance.