perustuloa
Perustuloa is the Finnish term used to describe a form of basic income. It denotes a regular unconditional cash payment provided to residents, typically paid monthly, regardless of employment status or other income. The aim is to secure a stable minimum income and to simplify welfare systems by reducing means testing and administrative overhead.
Variations of the concept include universal basic income (UBI) and guaranteed basic income. Some proposals provide
In Finland, a notable policy experiment ran from 2017 to 2018 involving around 2,000 unemployed people who
As of the early 2020s, no country had adopted a nationwide, universal perustulo. In Finland, discussions and