Pensions Policies Should Focus on Jobs, Not Retirement
... for payments earlier in cases of long-term illness or disability. The retirement age was later reduced to 65 years old, and 65 eventually became the standard retirement age in the US and UK as well. Old age pensions for people over age 65 transformed society as much as electricity or the automobile did. But unlike these purely technological inventions, old age pensions also civilized society. Before old age pensions, people who were too old to work quickly fell into poverty and dependence. Private ...
02.09.2018