A proposed framework for Cash at Birth & UBI System

“an idea whose time has come”

a draft for Cash at birth & hourly, weekly, monthly, yearly and special one-off UBI payments system. My proposed draft system could easily be adjusted in amounts for each country – depending on their GDP, budgeting & country specific economic policy.


There is a return on investment

UBI will give people more reason to contribute to society, by removing obstacles to contribute freely. It will also optimize people’s contribution to society.” – Mehmet Subasi


Financing UBI for the new borns is manageable

For example; Turkey has 1,3 Million newborns yearly. At an average 1 million usd UBI payment per person; the cost would be 1,300 Billion USD payment over 100 years, which is approximately 13 Billion usd / year payment for the government. The problem for the government is that this value will increase each year. The second year to 26 Billion, 3rd year to 39 Billion & so forth. However this can be achieved, especially when we assume there is a optimized and more efficient workforce plus an abundance of resources each year in the world. On top of it, government funds for unemployed, poor, disabled & pensions will be sufficient to cover these payments. 

But including every citizen to the system is a major challenge

To be able to see if this is possible for all people; a detailed study of government funds for unemployed, poor, disabled & pensions needs to be made. In order to include all citizens – all in once – to the UBI system; all the UBI numbers needs to be recalculated. However, making the UBI numbers smaller amounts would make this system meaningless, since it won?t provide the safety net work a better / efficient work. So at this point, I am more inclined to start this system for the newborns at first and if possible gradually including the rest of the population to the system.

the Draft UBI System:

There are hourly, weekly, monthly, yearly & one-off special payments in this system, all made to digital currency wallets.

UBI Baby: ?0-5″ y.o. (& for Cash at Birth: one off payment: 1000 usd) to family wallet for parents Control  0,5 usd/hour + 8 usd/week + 75 usd/month + 800 usd/year Total approx. Yearly (w/o one off payments) = 6,496 usd/year = 541,3 usd/mnth (@7.61 – 4,120 TRY/mnth) 4,380 usd hourly (12*365) + 416 usd weekly (8*52) + 900 usd monthly (12*75) + 800 usd yearly

UBI Child:?5-13? y.o. (& for Education Technology: one off payment: 1,500 usd) to family wallet for parents Control  0,5 usd/hour + 10 usd/week + 100 usd/month + 750 usd/year  + 250 usd/year to child?s wallet hourly, monthly & yearly to family wallet for parents Control – weekly & special yearly to child’s wallet Total approx. Yearly (w/o one off payments) = 7,100 usd/year = 591,7 usd/mnth (@7.61 – 4,502 TRY/mnth) 4,380 usd hourly (12*365) + 520 usd weekly (10*52) + 1200 usd monthly (12*100) + 1000 usd yearly

UBITeenager: ?13-18″ y.o. (& for Experiences: one off payment: 3500 usd) most to family wallet for parents Control  Work Minimum Wage: 720 usd/month (paid hourly to wallet – 1.00 usd/hr) to teenager?s wallet 0,75 usd/hour + 12 usd/week + 120 usd/month +  750 usd/year  + 500 usd/year to teenager?s wallet hourly, monthly & yearly to family wallet for parents Control – weekly & special yearly to teenager’s wallet Total approx. Yearly (w/o one off payments) = 9,884 usd/year = 823,7 usd/mnth (@7.61 – 6,268 TRY/mnth) 6,570 usd hourly (18*365) + 624 usd weekly (12*52) + 1440 usd monthly (12*120) + 1250 usd yearly
?15″ y.o. Cash for Experiences 2: one off payment: 4000 usd to family wallet for parents Control, but decided together with teenager.

UBI Young Adult: ?18-22″ y.o. (& for investment/Career Development at Legal Age 1st Cash one off payment:  2000 usd) all to adult’s wallet Work Minimum Wage: 900 usd/month (paid hourly to wallet – 1.25 usd/hr) 0,5 usd/hour + 10 usd/week + 100 usd/month + 1000 usd/year Total approx. Yearly (w/o one off payments) = 7,100 usd/year = 591,7 usd/mnth (@7.61 – 4,502 TRY/mnth) 4,380 usd hourly (12*365) + 520 usd weekly (10*52) + 1200 usd monthly (12*100) + 1000 usd yearly
?20″ y.o. 2nd Cash one off payment: 2000 usd for investment/Career Development


UBI Adult 22-25 y.o. & 3rd Cash one off payment: 4000 usd for investment/Career Development  Work Minimum Wage: 1,080 usd/month (paid hourly to wallet – 1.50 usd/hr) 0,75 usd/hour + 12 usd/week + 120 usd/month + 1200 usd/year Total approx. Yearly (w/o one off payments) = 9,834 usd/year = 819,5 usd/mnth (@7.61 – 6,236 TRY/mnth) 6,570 usd hourly (18*365) + 624 usd weekly (12*52) + 1440 usd monthly (12*120) + 1200 usd yearly


UBI Middle Aged 25-45 y.o. & 4th Cash one off payment: 6000 usd for investment/Career Development  Work Minimum Wage: 1,440 usd/month (paid hourly to wallet – 2 usd/hr) 0,85 usd/hour + 12 usd/week + 120 usd/month + 1200 usd/year Total approx. Yearly (w/o one off payments) = 10,710 usd/year = 892,5 usd/mnth (@7.61 – 6,791 TRY/mnth) 7,446 usd hourly (20,4*365) + 624 usd weekly (12*52) + 1440 usd monthly (12*120) + 1200 usd yearly


UBI Contributor 45-55 y.o. & 5th Cash one off payment: 6000 usd for investment/Career Development  Work Minimum Wage: 1,440 usd/month (paid hourly to wallet – 2 usd/hr) 1 usd/hour + 12 usd/week + 120 usd/month + 1200 usd/year Total approx. Yearly (w/o one off payments) = 12,024 usd/year = 1,002 usd/mnth (@7.61 – 7,625 TRY/mnth) 8,760 usd hourly (24*365) + 624 usd weekly (12*52) + 1440 usd monthly (12*120) + 1200 usd yearly

UBI Second Life 55-65 y.o. & 6th Cash one off payment: 2000 usd Work Minimum Wage: 1,260 usd/month (paid hourly to wallet – 1,75 usd/hr) 1,15 usd/hour + 12 usd/week + 120 usd/month + 1200 usd/year Total approx. Yearly (w/o one off payments) = 13,338 usd/year = 1,111,5 usd/mnth (@7.61 – 8,458 TRY/mnth) 10,074 usd hourly (27,6*365) + 624 usd weekly (12*52) + 1440 usd monthly (12*120) + 1200 usd yearly

UBI Elder 65-75 y.o. & 7th Cash one off payment: 4000 usd Work Minimum Wage: 1,080 usd/month (paid hourly to wallet – 1.50 usd/hr) 1 usd/hour + 12 usd/week + 120 usd/month + 1200 usd/year Total approx. Yearly (w/o one off payments) = 12,024 usd/year = 1,002 usd/mnth (@7.61 – 7,625 TRY/mnth) 8,760 usd hourly (24*365)+ 624 usd weekly (12*52) + 1440 usd monthly (12*120) + 1200 usd yearly


UBI Senior 75+ y.o. & 8th Cash one off payment: 4000 usd Work Minimum Wage: 900 usd/month (paid hourly to wallet – 1.25 usd/hr) 0,90 usd/hour + 12 usd/week + 120 usd/month + 1200 usd/year Total approx. Yearly (w/o one off payments) = 11,148 usd/year = 929 usd/mnth (@7.61 – 7,070 TRY/mnth) 7,884 usd hourly (21,6*365) + 624 usd weekly (12*52) + 1440 usd monthly (12*120) + 1200 usd yearly

Total “one off payments” till 75 years o.: 40,000 usd (@avg of: 533 usd/yr) Total UBI till 75 years o.: 784,662 usd 

Total w/ One Off payments: 824,662 usd + 11,148 usd/year for 75+ i.e. for a 100 y.o: 824,662 USD + 278,700 usd = 1,103,362 usd

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