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This means that 3 cents will be added to every dollar in the fund each year. Maybe your employer has an old-age pension plan for his employees. If so, the Government's old-age benefit plan will not have to interfere with that. The employer can fit his plan into the Government plan.
The other quoted the answer of an English factory-owner to some of his employees who did not want to enlist. "They've done a lot for working men over there," the man said. "Accident-insurance, old-age pensions, and all that what do we want to fight the Kaiser for? We'd just about as soon be under Billy as George."
By so doing, we strengthen both our economy and the structure of our society. In a nation as rich as ours, all citizens should be able to live in decency and health. Our Social Security System should be developed into the main reliance of our people for basic protection against the economic hazards of old-age, unemployment, and illness.
Old-age pensions, or State insurance against old age as well as disability, now exist in several countries, notably Germany, New Zealand, and England. The German law is much the most intelligent and the least communistic in that it provides that half the fund is raised by deductions made from the wages of the workmen themselves.
Benefit payments out of the Old-Age and Survivors Insurance Trust fund during 1947 are estimated at 407 million dollars, while withdrawals by the States from the Unemployment Trust fund for compensation payments are expected to total 1 billion dollars. These disbursements are financed out of social security contributions.
I can't help it, I I get crazy with worry." A sudden, almost a simian old-age seemed to roll, like a cloud that can thunder, across Sara's face. She was suddenly very small and no little old. Veins came out on her brow and upon the backs of her hands, and Mosher, depressed with an unconscious awareness, was looking into the tired, cold, watery eyes of the fleet woman who had been his.
When Prince Andrew entered the study the old man in his old-age spectacles and white dressing gown, in which he received no one but his son, sat at the table writing. He glanced round. "Going?" And he went on writing. "I've come to say good-by." "Kiss me here," and he touched his cheek: "Thanks, thanks!" "What do you thank me for?"
There under the trees it has nibbled, and its horns have rubbed against the bark, leaving their marks; there an osier bed has forced it to turn aside; but just beyond, it has straightened its path and continued east once more. All this I think of. And you? Have you read in a newspaper, which disagrees with another newspaper, what the public in Norway is thinking of old-age insurance?
Jenny can hardly be said to have missed her father, except through her mother, who seemed suddenly to grow a little deafer, a little more dim-sighted, just a trifle less brisk and busy than before, and with a touch about her of that old-age awesomeness that mutters to itself in corners and seems to know strange things. Yes, Jane missed her John.
In France, for example, that thrifty and individualistic folk made a complete failure of the attempt to foist contributory old-age pensions upon them, and I doubt whether such sumptuary legislation can succeed with us. That, however, is neither here nor there.
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