kurtzfan Posted May 24, 2017 Share Posted May 24, 2017 https://www.ontario.ca/page/ontario-basic-income-pilot What is a basic income A basic income is a payment to eligible families or individuals that ensures a minimum income level, regardless of employment status. Different than social assistance, a basic income can be: given to anyone who meets the income eligibility criterion given to someone who may be working but earning below the basic income level generally simpler to administer Participants Participants must be: invited to join the pilot 18 to 64 years old living in one of the selected test regions for the past 12 months or longer living on a low income We will be randomly selecting people to apply and will be sending out invitations and application packages in the mail shortly. Seniors Seniors are not included in the pilot because most seniors (65+) receive more money through the current seniors’ benefits including: Old Age Security Guaranteed Income Supplement Ontario Guaranteed Annual Income System What will be measured The government will test how a basic income might help people living on low incomes better meet their basic needs, while improving their education, employment, and health. It will measure outcomes in areas including: food security stress and anxiety mental health health and healthcare usage housing stability education and training employment and labour market participation The design of the pilot The first phase of the pilot will begin in late spring 2017 in Hamilton, Brantford, Brant County and Thunder Bay. The pilot in Lindsay will begin by fall of 2017. Payment amount The payment will ensure a minimum level of income is provided to participants. Aligning with the advice of Hugh Segal, payments based on 75 per cent of the Low Income Measure (LIM), plus other broadly available tax credits and benefits, would provide an income that will meet household costs and average health-related spending. Following a tax credit model, the Ontario Basic Income Pilot will ensure that participants receive: Up to $16,989 per year for a single person, less 50% of any earned income Up to $24,027 per year for a couple, less 50% of any earned income People with a disability will also receive up to $500 per month on top. Working and going to school during the pilot Participants can go to school to further their education or begin/continue to work while receiving the basic income. The basic income amount will decrease by $0.50 for every dollar an individual earns through work. Link to comment Share on other sites More sharing options...
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