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The State and Pensions in Old Age

The State and Pensions in Old Age


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Purchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free. This is an OCR edition with typos. Excerpt from book: CHAPTER II. Wage-earning Capacity in Old Age. The Resources of the Working-Class in Old Age.?Savings Generally Insufficient.?Other Resources (i) Earnings of Themselves or Relatives; (2) Benefits of Trade, Friendly, and Other Societies; (3) Charity. The Earning Powers of the Working-Class in Old Age.?Modern Industry Unfavourable to the Old or Elderly.?Prof. Marshall's Opinion.?Evidence from Various Trades. ? Iron and Steel Workers. ? Carpenters. ? Compositors.?Miners in Northumberland and Yorkshire.?Seamen and Firemen. ? Railway-Workers. ? Textile Trades. ?Labourers, Dockside and Agricultural.?Women Workers and Domestic Servants.?General Conclusions. Whatever interpretation we may put upon the figures of Mr. Burl's return concerning the pauperism of old age, one point, at least, they declare beyond all doubt . The Poor Law, even as at present administered, will not account for more than a fraction of the total sustenance of the working-class in old age. To arrive at this conclusion, we may dispense with all conjectural estimates of the annual total, and simply fall back upon the figures of the day census as they stand. On August i, 1890, we find that about 12 per cent. of the total population over 60 years of age were to a greater or less extent in receipt of parish relief. Or, if we confine our observation to the working-class, we may place the figure at from 20 to 25 per cent. of the working-class population over 65. We may make some allowance for the fact that the August census is likely to be below the average, but, having done that, we are still faced with the fact that, at any given moment we like to choose, at least 75 per cent. of the working-class will be found to be providing for their own necessities in old age. More than that, the majority of the remainder are ...


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Product Details
  • ISBN-13: 9781458906199
  • Publisher: General Books
  • Publisher Imprint: General Books
  • Height: 246 mm
  • No of Pages: 62
  • Spine Width: 3 mm
  • Width: 189 mm
  • ISBN-10: 1458906191
  • Publisher Date: 01 Jan 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 127 gr


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