A Brief History of American Pensions - The Origin of U.S. Retirement Plans

Retirement security is the ultimate goal of a working lifetime.

This book explains the origins of pensions from 19th century Germany to their migration to America and the subsequent development of diverse retirement plans.
Fran Hawthorne is an award winning business writer of numerous business books. Pensions were not a result of social work influences on corporations.

Hawthorne shows how marketplace competition and maximizing profit as well as labor demands resulted in the growth of pensions and their evolution into retirement plans.
This book provides a valuable contextual background to understand Medicare, social
security, Obama-care and baby boomer retirement.