Switzerland to vote on universal basic income for citizen



    Switzerland to vote on universal basic income for citizen

    June 5, Bern: Switzerland is voting on whether to introduce a guaranteed basic income for every citizen, becoming the first country to hold such a vote.

    The proposal calls for adults to be paid an unconditional income of 2,500 Swiss francs (£1,755; $2,555) a month, whether they work or not.

    Supporters of the idea say 21st Century work is increasingly automated, with fewer jobs available for workers. But polls suggest that only about one quarter of Swiss voters back the idea, BBC reported.

    Under the terms of the basic income, workers who already earn more than SFr2,500 Swiss francs would not get any additional money.

    The Oslo Times