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Topic: |
Business
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Number of pages / Number of words: |
4 / 875 |
Essay's paper body
During the same time, the pension schemes broadened their social
functions. Pensions were used to provide income support to people working in agriculture, in
the countryâs poorer regions and to elderly workers with short contributory periods (Franco,
2002: 5).
Pension schemes were not monitoring properly at the time, resulting in incorrect data...
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Furthermore, there were not a lot of requirements
for approval to the pensions. For example, many not disabled people enrolled in a disability
pension when they did not have a job. Between 1965 and 1975 disability pensions represented
40% of the new pensions paid to private sector employees and 70% of those paid to the selfemployed...
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