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The Role of Private Pensions (Classic Reprint)

The Role of Private Pensions (Classic Reprint)

ISBN: 9780243021383
Publisher: Forgotten Books
Publication Date: 2017-01-14
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Excerpt from The Role of Private Pensions
Fact Finding Board's recommendation of a pension program in I999.
But all these are immediate factors. The growth of pension programs is also a response to deeper underlying needs and changes in the country's structure and economy. An important demographic basis for the growth in pension programs has been the steady and substantial increase in the older population. Between l9oo and i975, those 65 and over increased almost more than 7 times, from million to 22.h million, a rate of increase considerably greater than that for the total population. Thus, persons 65 and over repre sented h.l percent of the u.s. Population in 1900, in 1929, by l9h5.
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