Kela, the Finnish social security agency, has published information that corrects erroneous news reports that the Finnish Basic Income experiment will be finishing early. This is not the case.
There have been incorrect reports in the media about the Finnish experimental study on a Universal Basic Income. The experiment will run until the end of 2018 as planned.
Many international media-outlets have published stories alleging that Finland is going to discontinue its basic income experiment. This information is incorrect.
“The experiment is proceeding according to plan and will continue until the end of 2018”, says Professor Olli Kangas, the leader of the research team at Kela (Social Insurance Institution of Finland).
There are currently no plans to continue or expand the experiment after 2018.
The effects will be studied after the experiment has ended.
The employment effects across the whole experiment will be available by the end of 2019 or at the beginning of 2020.
To read Kela’s press release, click here.
To read Anthony Painter’s article in The Guardian, click here