Finland tests basic income experiment

In January 2017, Finland decided to put a new social experiment, the basic income, to the test, randomly selecting 2,000 unemployed people and giving them an unconditional sum of €560 a month for a period of two years.

The basic universal income may replace the current complex system of social benefits in Finland if greenlighted by the country’s state social security insurance agency Kela. Finland is the first “laboratory country” to carry out the experiment at the national level, saying that the new system may relieve the administrative burden on both people and authorities and give its recipients more time to look for a new job. The Finnish government will investigate whether the system better motivates people to find a job compared to the current system. The basic income experiment aims primarily at boosting employment, the country’s Ministry of Social Affairs said.

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31. 10. 2017