>To create a National Fund, out of which there shall be paid to every person, when arrived at the age of twentyone years, the sum of fifteen pounds s

>To create a National Fund, out of which there shall be paid to every person, when arrived at the age of twentyone years, the sum of fifteen pounds sterling [...] And also, the sum of ten pounds per annum, during life, to every person now living, of the age of fifty years, and to all others as they shall arrive at that age This essay advocates a pension system, not basic income. The one-time payout at 21 is negligible in comparison with the annual payments after 50.