United People Foundation (UPF) strives for the introduction of a social security system consisting of the following two parts:
- A basic public scheme;
- An additional lifetime savings scheme.
Basic public scheme
UPF wants to see the introduction, world-wide, of a basic income scheme which offers all people around the world the best possible fulfillment of the intentions stated in the Universal Declaration of Human Rights of 1948 mentioned below:
- Right to life and a right to work (article 3 and article 23);
- Right to social security if needed (article 22);
- Right to healthcare and education (article 25 and article 26);
- Right to have organizations that care for human rights (article 28).
The basic income scheme that is to be carried out by the government and/or local communities for all the people around the world consists of the following four parts:
- Youth (children and students);
- The sick and unable to work;
- Elderly people;
- The rest of the people.
The basic youth income consists of a basic package of food, drink, clothing, and the free use of education, study materials, and healthcare. When needed, this could also include the use of public transport to school and back. This basic income can be provided in goods and/or partly as monetary payment.
The basic income for the sick and those unable to work consists of an income (almost) 100% of the minimum wage and the right to free use of the healthcare system.
The basic income for the elderly consists of an income (almost) 100% of the minimum wage and the right to free use of the healthcare system.
The basic income for the rest of the people consists of a work and income guarantee system in which people receive a salary consistent with the work that they do. When there is no work people will still have a right to payment of (almost) 100% of the minimum wage and the right to free use of the healthcare system.
Here, the starting point for the minimum wage is half the amount of income that a average worker earns in a particular country, with a minimum of that what is needed to provide for the basic needs of life. People who find this public income insurance to be insufficient can participate in the lifetime savings scheme.
The standard minimum wage in relation to the income of the average worker is based on the definition used in Europe for determining the poverty line. People that earn less than half of the average wage are living, according to this definition, below the poverty line (the minimum wage in America is about one quarter of what the average worker earns).
The cost of the basic public scheme will be paid for from a new to be introduced, just, efficient, simple and transparent tax system.
Additional lifetime savings scheme
UPF wants to see the introduction, world-wide, of an additional lifetime savings scheme enabling people to save for:
- Additional income to a pension;
- Additional income when sick, unemployed, or unable to work;
- Housing savings plan / reasonably priced housing.
The idea of a lifetime savings scheme is based on a system that has been in place for a long time in Singapore and in practice has proved to function well.
Reasonably priced housing
Part of article 25 of the Universal Declaration of Human Rights is the right to reasonably priced housing. A large part of the world population live in slums. The coming years many millions of houses need to be built to provide decent housing for people all over the world. In the vision of United People, the additional lifetime savings scheme is the most important source for the financing of reasonably priced housing.