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A comment on Lambda School leaked documents show poor performance over the last two years. Parent comment

Re:Lambda School leaked documents show poor performance over... by ghaff on Monday October 25, 2021 @03:14PM (#28991878)
Well, we sort of do. It's called social security. Now, you could argue that social security by itself only supports a pretty spartan lifestyle. But any UBI proposal is probably even less money.
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Re:Lambda School leaked documents show poor performance over... by rovolo on Tuesday October 26, 2021 @01:59PM (#29003804)
Your social security benefits are calculated based on your 35 highest income years; which includes 0 income years. The guy quit in 2001 in his 40s-50s, so he may only have 20 years of income for SSA benefits.

That said, the formula is a political choice just as the UBI benefits are a political choice. We could give everyone the same SSA benefits regardless of prior income and index the amounts to age instead. UBI and SSA could be the same administration with lower amounts for younger people and higher amounts for retirees.

https://www.aarp.org/retirement/social-security/questions-an...

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