06-22-2017, 01:17 AM
BR60103 Wrote:Didn't Bismarck bring in a pension at 65 because he thought most people would be dead by that age? or was it 71?The brand new law at that time was public pension at age of 70. The average age was much lower and the pension fund was in great shape. 27 active workers payed for 1 retiree.
65 was the historical retirement date of my generation. It is now increasing to 67 and may be even more up later when funding get even harder.
Reinhard