Beveridge proposed a universal system of social insurance financed by the state and employers through payroll contributions. It included a flat-rate basic payment to support those unable to work due to sickness, unemployment, or old age. This social insurance plan aimed to protect people during times when they were not working.
Beveridge proposed a universal system of social insurance financed by the state and employers through payroll contributions. It included a flat-rate basic payment to support those unable to work due to sickness, unemployment, or old age. This social insurance plan aimed to protect people during times when they were not working.
Beveridge proposed a universal system of social insurance financed by the state and employers through payroll contributions. It included a flat-rate basic payment to support those unable to work due to sickness, unemployment, or old age. This social insurance plan aimed to protect people during times when they were not working.
Beveridge proposed a universal system of social insurance financed by the state with contributions
made by employers and employees from their pay. A flat-rate basic (subsistence) payment would be made to protect people not working through sickness, unemployment or old age.