Who invented the pension?


The first statesman to enact a law that guaranteed social security treatment at the end of his working life was the Prussian / German chancellor Otto von Bismarck, in 1889. The aim of this first welfare state was to ease social tensions with the class factory Girl.

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However, other forms of state pension assistance, even if informal and not regulated in a precise way, were provided to veterans of the American War of Independence (1775-1783) and then of the civil war (1861-1865).
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