Social Security’s dirty secret: You weren’t supposed to live long enough to collect it
Summary
All highly developed nations and even most underdeveloped nations grant state pensions — what we call Social Security — to their senior citizens. The first time a fixed finish line at a certain age was established for such a stipend took place in Germany in 1889 under the tight-fisted conservative leadership of Chancellor Otto von
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Social Security’s dirty secret: You weren’t supposed to live long enough to collect it
All highly developed nations and even most underdeveloped nations grant state pensions — what we call Social Security — to their senior citizens. The first time a fixed finish line at a certain age was established for such a stipend took place in Germany in 1889 under the...
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