«Breaking News» Swiss village to bring in £2,000-a-month free payments for residents

A village in Switzerland is set to introduce a basic income system - meaning residents are paid £2,000 for doing nothing at all.

Residents of Rheinau, near the border with Germany, voted in favour of introducing the ambitious project in a recent ballot.

The money for the scheme, which will see residents received 2,500 francs each month, is being crowdfunded by its organisers and has yet to be raised.

Residents in the small Swiss village of Rheinau, near the border with Germany, voted in favour of the scheme

More than 50 per cent of inhabitants in the small village of 1,300 voted in favour, with over half needing to say 'yes' for the scheme to get approval. 

The count stood at 692 on Monday although the submitted ballots also still have to be checked against government data to ensure eligibility.

The decision comes two years after a proposal for a nationwide unconditional state stipend in Switzerland failed to pass in a national vote.  

Filmmaker Rebecca Panian is running the basic income trial and plans to document its results on the small screen.  

She says she became fascinated by the notion during the national debate before up the 2016 vote, decided to select a village as a guinea pig, and make a documentary.

The scheme needed more than a 50 per cent vote to go through and it has so far achieved that mark

Earnings and social benefits would count against the payment, which will have to be raised from private sources rather than the government.

Given the cost of living in Switzerland, the sum of 2,500 francs isn’t very large. An entry-level grocery store cashier in the city of Basel working 42 hours per week is entitled to about 3,500 francs a month.

While the idea of paying people money no strings attached has been around for more than a century, it has gained some traction in recent years due to concerns in major economies about rising inequality and jobs losses due to automation.

Finland introduced a pilot project to examine the benefits of a universal basic income, while it’s also on the agenda of Italy’s populist government.

The cost of living in Switzerland means 2,500 francs is not a large sum of money and would probably not represent a sole income for most inhabitants

Universal basic income: Which countries have experimented with 'free money'? 

Finland: The Scandinavian country introduced a pioneering pilot scheme to test whether basic income could work. 

A trial has been put in place whereby 2,000 unemployed people aged 25-58 are being paid a tax-free €560 (£490) monthly income with no questions asked. 

It was forced to deny in April this year that the experiment had failed already.

The trial is set to continue until the end of 2018 when a report will be published on the findings.

Canada: The Ontario principle government launched a three-year basic income pilot in July 2017.

Initial reports indicated difficulties in finding and receiving applications from eligible individuals and households.

The scheme was eventually cancelled in July this year after a lack of interest was shown. 

Switzerland: The world's first universal basic income referendum was rejected in Switzerland on 5 June 2016 was rejected with a 76.9 percent majority.

Since then an independent scheme has got the go ahead in the small town of Rheinau who are planning on testing the benefits.  

Spain: A petition was set up in late 2015 to bring a debate about universal basic income up for discussion in Parliament.

However, the citizen's initiative in Spain received only 185,000 signatures - falling short of the required level.

Linkhienalouca.com

https://hienalouca.com/2018/09/10/swiss-village-to-bring-in-2000-a-month-free-payments-for-residents/
Main photo article A village in Switzerland is set to introduce a basic income system – meaning residents are paid £2,000 for doing nothing at all.
Residents of Rheinau, near the border with Germany, voted in favour of introducing the ambitious project in a recent ballot.
The money for the scheme, which will ...

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