Year of introduction of old-age pension program

Quick info
Data type	Date
Scale	Date
Value labels	Not applicable
Technical name	old_pension_firstlaw
Category	Old age and survivors
Label	Old age pension introduction of first federal law
Related indicators	old_pension_design

This indicator refers to the year in which the first public old-age pension program/system has been passed by law. This date can differ from the date the old-age pension program actually came into force. Later amendments – such as the extension of coverage to further beneficiaries or the creation of additional pillars that rely on different financing sources – are regarded as reforms of such programs. Old-age protection comprises all kinds of contributory and non-contributory financed programs that target income transfers to people at retirement age. Old-age pension laws mostly comprise survivor's pensions to spouses and dependent children of deceased injured, too.

Coding rules

A first public old-age pension program/system must meet two conditions.

Bibliographic info

Citation: citation

Related publications: related publications

Misc

Project manager(s): project managers

Data release: data release

Revisions: revisions

Sources

sources