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old-age insurance

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Noun1.old-age insurance - insurance paid to the elderly
Social Security - social welfare program in the U.S.; includes old-age and survivors insurance and some unemployment insurance and old-age assistance


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If we shall adopt this amendment, the government having determined to set up a federal system of old-age insurance will provide, in its own bill creating they system, competition which in the end may destroy the federal system.
Nationwide reform of the old-age insurance system was initiated in 1984.
The German government created health insurance (Krankenversicherung) in 1883, followed by accident insurance (Unfallversicherung) in 1884 and old-age insurance (Altersversicherung) in 1889.
 
 
 
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