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BGonline.org Forums
Is Paris Burning? (somewhat OT)
Posted By: 6stones In Response To: Is Paris Burning? (somewhat OT) (Maik Stiebler)
Date: Friday, 22 October 2010, at 6:55 a.m.
We are to thank Otto von Bismarc's reign for the retirement age of 65 (or thereabouts, in use in several counties)
"Old Age and Disability Insurance Bill of 1889
The Old Age Pension program, financed by a tax on workers, was designed to provide a pension annuity for workers who reached the age of 65 years. At the time, the life expectancy for the average Prussian was 45 years."
(Source: Wikipedia)
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