Guaranteed minimum income (GMI) also called Citizen's Income, is a system of social welfare provision that guarantees that all citizens or families have an income sufficient to live on, provided they meet certain conditions. Eligibility is typically determined by citizenship, a means test and either availability for the labour market or a willingness to perform community services. The primary goal of a guaranteed minimum income is to combat poverty. If citizenship is the only requirement, the system turns into a basic income guarantee.
Read more about Guaranteed Minimum Income: Elements, Basic Income, Advocates, Funding
Famous quotes containing the words guaranteed, minimum and/or income:
“If the average citizen is guaranteed equal opportunity in the polling place, he must have equal opportunity in the market place.... The flag and the Constitution stand for democracy and not tyranny, for freedom, not subjection.”
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