Abstract
At the beginning of the twentieth century, pension schemes were set up to provide a replacement income during a well-deserved though short period of retirement (on average five years). After the Second World War, these schemes were substantially improved to provide more generous benefi ts over a longer period. At the time, however, nobody even dreamed of the extended life expectancy that we enjoy today — an expectancy that continues to rise.
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© 2005 Geneviève Reday-Mulvey
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Reday-Mulvey, G. (2005). Introduction. In: Working Beyond 60. Palgrave Macmillan, London. https://doi.org/10.1057/9780230504981_1
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DOI: https://doi.org/10.1057/9780230504981_1
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-52490-7
Online ISBN: 978-0-230-50498-1
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