How does basic income relate to Social Security?
These are distinct programs. Seniors will get both, basic income and Social Security.
Basic income is like “Social Security for all,” though it’s more social and more secure. More social, because it includes every adult citizen as equals. More secure, because it’s unconditional. Everyone will be able to count on it regardless of past earnings and present circumstances.
Social Security reform is inevitable, because the current rate structure is unsustainable. This is a good reason to enact basic income promptly.