National Universal Income Service
Under the state-financed National Universal Income System, each citizen aged 19-65 receives a set of guaranteed payments every month from the National Universal Income Service, regardless of employment status or individual income.
As of 2020, under the National Universal Income Service, universal basic income in Zhouran for each citizen is ZN¥2,500.00 per month since January 18, 2014. From May 17, 1983 to February 20, 1986, the universal basic income was ZN¥400.5 per month; from February 20, 1986 to July 15, 1990, the universal basic income was ZN¥875.3 per month; from July 15, 1990 to August 12, 1995, the universal basic income was ZN¥1,200.00 per month; from August 12, 1995 to March 22, 2001, the universal basic income was ZN¥1,800.4 per month; and from March 22, 2001 to January 18, 2014, the universal basic income was ZN¥2,100.00 per month.
Efficiency
Zhouran's form of universal basic income plays a highly-important role in the nation's highly-robust social security system, which itself is ranked as the most effective in Asia and a rival to the Scandinavian models of national welfare. Ever since the implementation of the National Universal Income System, Zhouran became the first country in the world to implement UBI at a national level rather than at a smaller scale as is the case for the Alaska Permanent Fund UBI for Alaska, US. At the time when Zhouran first implemented UBI, workplace automation was not a large concern, but with technology rapidly advancing at a rate in which there are not enough new available jobs to fill in for the unemployed, the conversation on universal basic income begins to grow around the world, especially in places such as the United States.
In Zhouran, a country that highly prizes workers' rights and social mobility, many employed individuals, not just those who are blue-collar but even white-collar workers such as accountants, are concerned about losing their jobs due to automation. Luckily, the government maintains strong regulations over automation, and losing a job is not too much of a concern for the average Zhouranese citizen thanks to the nation's UBI and highly-vibrant job market. Universal basic income in Zhouran has also prevented any increase of economic inequality and has strongly contributed to the continued stabilization of the Zhouranese labor market. Zhouran's National Universal Income System strongly encourages people, including the younger-generation, to enter the workforce, thereby playing an important role in social mobility. Not only that, because workers' rights is highly-important in Zhouranese politics & economics, universal basic income provides workers with a large bargaining power and massive leverages against workplace exploitation and abuses against workers. As the growth of Internet usage continues to skyrocket especially among younger people, this means that there is a growth of entrepreneurship in Zhouran and thanks to the National Universal Income System any small business can take risks for the sake of growing and learning since universal basic income acts as a safety net for any individual striving to become an entrepreneur.