SOC246H1 Lecture Notes - Pension, Defined Contribution Plan, Germany
Document Summary
The welfare state, financial security and generational politics main topics: overview and history of pension systems, whats been behind worldwide pension reform, canada. Pension and old age security represent part of social contact implicit in modern welfare states. Social contact : we get into society to avoid in it for itself - believe we are better together. An acknowledge of their time in the work force. He believes you should be 70 before you qualify a pension plan after germany (1898) other nations followed: The next major influence: william beveridge (social insurance and allied service , 1942) It should apply to everyone and financial to the state budget not the work force contributions. Modern pension plan influenced by both beveridge and bismarck insurance policy and included with individual savings. Pay as you go the dominant system in the industrialized west.
