Facing Old Age; A Study Of Old Age Dependency In The United States And Old Age Pensions

Paperback | January 7, 2012

byAbraham Epstein

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This historic book may have numerous typos, missing text, images, or index. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. 1922. Not illustrated. Excerpt: ... THE PURPOSE AND NATURE OF PENSIONS A pension may be defined as a regular allowance or payment made in consideration of past services. Pensions were granted first by kings and other royalties to persons who distinguished themselves in art, literature, and science, as well as to feudal retainers for military or political services. It was also customary to grant pensions to prominent jurists, university professors, and well-known clergymen, who had rendered distinguished public service. The grant of a royal pension to an individual was usually taken as a token of gratitude for valuable contributions made to the credit or benefit of the crown, the country, or the public. In more democratic nations the government still pensions soldiers and war veterans in recognition of their devoted service in the defence and protection of their country. The more recent demands for the establishment of old age pensions, as a social policy, applicable to all citizens, is merely the natural extension of this principle to the veterans of industry, to men and women who by brain and brawn have made vital and essential contributions to the social welfare. To extend this protection in old age to the working classes is merely to recognize the changes wrought in our industrial system which make the welfare, comfort and happiness of all the people depend largely upon the labour of those who work for wages. The smug business man who takes his train in New York after theatre hours at night, goes to sleep in his pullman-car and upon awakening finds himself in Pittsburgh or Boston ready to transact his business there, doubtless never thinks of the thousands of manual workers who toiled to make these achievements possible. Neither does the self-sufficient citizen think of these workers w...

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This historic book may have numerous typos, missing text, images, or index. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. 1922. Not illustrated. Excerpt: ... THE PURPOSE AND NATURE OF PENSIONS A pension may be defined as a regular allowance or payment made in consideration of past ...

Format:PaperbackDimensions:196 pages, 9.69 × 7.44 × 0.42 inPublished:January 7, 2012Publisher:General Books LLCLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0217717357

ISBN - 13:9780217717359

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