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A comment on Finland is scrapping plans to extend its basic income project. Parent comment

Re:Finland is scrapping plans to extend its basic income pro... by briandear on Thursday April 19, 2018 @09:01AM (#16875513)
The US doesn’t “give” it to nearly everyone — you get a benefit as a proportion of your contribution. If you never contribute to social security, you don’t get the benefit.
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Re:Finland is scrapping plans to extend its basic income pro... by spacehome on Thursday April 19, 2018 @09:26AM (#16875701)
It's not directly proportional. Low lifetime earners get proportionally more back than high lifetime earners. It has the effect of a wealth transfer from high earners to low earners.
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Re:Finland is scrapping plans to extend its basic income pro... by dragonwriter on Thursday April 19, 2018 @09:18PM (#16881469)
> The US doesn’t “give” it to nearly everyone — you get a benefit as a proportion of your contribution.

It's not proportional to even the wage-indexed total of contributions, because of bend points. (And because it's actually based on qualifying wages, not contributions, and the relationship between the two has not been constant over time.)

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