Tina BurgessSan Diego Top News Examiner May 24, 2016 2:05 AM MST

Switzerland wants to pay 2,500 francs to its citizens, which is equivalent to about $2522 per month for everyone or $30,000 per year for each adult, no matter whether one works or not.

Switzerland’s move to dish out 2,500 francs to all adults unconditionally comes after the country’s financial crisis and people’s struggle to make a living.

Switzerland's People Power Plebiscites, a common part of Switzerland's direct democracy, has gathered the required 100,000 signatures to put the stipend of 2,500 francs for everyone to the vote, reports the Economic Times on May 24. The vote is to take place on June 5, and already other countries have their interest sparked in the idea.

The initiators behind Switzerland’s move to pay 2,500 francs to each adult and a quarter of that for each child argue that an annual income of about 30,000 francs ($30,272) would give everyone a chance to live a “decent existence.” In 2014, the poverty line was at an annual income of 29,501 francs.

One in eight people in Switzerland was below the poverty line in 2014. The new law would pay 2,500 francs unconditionally to each adult and replace various other welfare benefits.

The proposed law to pay Switzerland’s citizens 2,500 francs without having to do anything is opposed by the country’s government which argues that such a stipend would mean higher taxes and an encouragement to individuals not to have to look for work.

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