Summary
World Legislative Act #42
Guaranteed Annual Income
Creates a guaranteed annual income for all citizens of the Earth Federation
1. Measures guaranteed annual income (GAI) in Earth Currency.
2. Specifies criteria for calculating a minimum income covering basic necessities.
3. Guarantees rapid, reliable procedures for applying for GAI supplemental assistance.
4. Entitles people with intermediate incomes to proportion of GAI entitlement assistance.
5. Defines the relationship of a person's total income to the right to receive GAI payments.
6. Guarantees GAI payments upon job loss, illness, or other calamities.
7. (Under reservation)
8. (Under reservation)
9. Take effect during the first operative stage of world government as defined in Article 17 of the Earth Constitution.