First payments of basic income go out today

The Finnish basic income experiment is being conducted among 2,000 persons between ages 25 and 58, who will receive a monthly basic income of €560 for two years. They will receive their first basic income payments from Kela today.

Those participating in the experiment will be paid a basic income from 1 January 2017 until 31 December 2018. The payments are made on the second business day of each month, with the exception of January 2017, when the payment date is 9 January 2017.

The amount of the basic income will remain the same throughout the experiment. The basic income […]

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