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Universal Benefits
Universal benefits are social benefits provided to all individuals or households in a given category or population, regardless of their income or financial status.
Applicability in the UK: Examples of universal benefits in the UK include the State Pension and Child Benefit. These benefits are distributed to all qualifying individuals, irrespective of their income level.
Funding: Universal benefits are typically funded through general taxation, and eligibility is determined by meeting specific criteria such as age, family status, or other universal characteristics.
Simplicity: The administration of universal benefits is often simpler than means-tested benefits because there is no need to assess individual income or financial circumstances.