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Retired
Retirement is the withdrawal from one's position or occupation or from one's active working life. A person may also semi-retire by reducing work hours or workload. Many people choose to retire when they are elderly or incapable of doing their job due to health reasons. People may also retire when they are eligible for private or public pension benefits, although some are forced to retire when bodily conditions no longer allow the person to work any longer (by illness or accident) or as a result of legislation concerning their positions. In most countries, the idea of retirement is of recent origin, being introduced during the late-nineteenth and early-twentieth centuries. Previously, low life expectancy, lack of social security and the absence of pension arrangements meant that most workers continued to work until their death. Germany was the first country to introduce retirement benefits in 1889. Nowadays, most developed countries have systems to provide pensions on retirement ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Security (United States)
In the United States, Social Security is the commonly used term for the federal Old-Age, Survivors, and Disability Insurance (OASDI) program and is administered by the Social Security Administration (SSA). The original Social Security Act was enacted in 1935,Social Security Act of 1935 and the current version of the Act, as amended, 2 USC 7 encompasses several social welfare and social insurance programs. The average monthly Social Security benefit for August 2022 was $1,547. The total cost of the Social Security program for the year 2021 was $1.145 trillion or about 5 percent of U.S. GDP. Social Security is funded primarily through payroll taxes called Federal Insurance Contributions Act tax (FICA) or Self Employed Contributions Act Tax (SECA). Wage and salary earnings in covered employment, up to an amount specifically determined by law (see tax rate table below), are subject to the Social Security payroll tax. Wage and salary earnings above this amount are not taxed. I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Medal Of Honor
The Medal of Honor (MOH) is the United States Armed Forces' highest military decoration and is awarded to recognize American soldiers, sailors, marines, airmen, guardians and coast guardsmen who have distinguished themselves by acts of valor. The medal is normally awarded by the president of the United States, but as it is presented "in the name of the United States Congress", it is sometimes erroneously referred to as the "Congressional Medal of Honor". There are three distinct variants of the medal: one for the Department of the Army, awarded to soldiers, one for the Department of the Navy, awarded to sailors, marines, and coast guardsmen, and one for the Department of the Air Force, awarded to airmen and guardians. The Medal of Honor was introduced for the Department of the Navy in 1861, soon followed by the Department of the Army's version in 1862. The Department of the Air Force used the Department of the Army's version until they received their own distinctive version i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pre-tirement
The neologism pre-tirement describes the emergence of a new working state, positioned between the traditional states of employment and retirement. The word is a portmanteau word, coming from the prefix "pre" and the word "retirement." The state is being found primarily in first world economies, with aging populations. A "pre-tiree" will continue to create economic wealth and/or contribute to the generation of knowledge, likely on a part-time or reduced hours basis. Some "pre-tirees" use the period to give back by providing unpaid social support. This form of unpaid work creates economic benefit, by allowing taxes to be focused on other wealth creating or protecting activities, but relies on the existence of sufficient financial resource. Research The emergence of a new blend of work and retirement was established in Consumer Intelligence research in December 2014. Here are key findings from the research published in a report by Zopa (2014): * ‘Pre-tirement’ begins in 50s a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
US Armed Forces
The United States Armed Forces are the military forces of the United States. The armed forces consists of six service branches: the Army, Marine Corps, Navy, Air Force, Space Force, and Coast Guard. The president of the United States is the commander-in-chief of the armed forces and forms military policy with the Department of Defense (DoD) and Department of Homeland Security (DHS), both federal executive departments, acting as the principal organs by which military policy is carried out. All six armed services are among the eight uniformed services of the United States. From their inception during the American Revolutionary War, the U.S. Armed Forces have played a decisive role in the history of the United States. They helped forge a sense of national unity and identity through victories in the First Barbary War and the Second Barbary War. They played a critical role in the American Civil War, keeping the Confederacy from seceding from the republic and preserving the uni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Old Age
Old age refers to ages nearing or surpassing the life expectancy of human beings, and is thus the end of the human life cycle. Terms and euphemisms for people at this age include old people, the elderly (worldwide usage), OAPs (British usage which stands for Old Age Pensioner), seniors, senior citizens (American usage), older adults (in the social sciences), and the elders (in many cultures). Elderly people often have limited regenerative abilities and are more susceptible to AIDS, herpes, hemorrhoids, and other illnesses than younger adults. A number of other disciplines and domains concern the aging and the aged, such as organic processes of aging ( senescence), medical studies of the aging process ( gerontology), diseases that afflict older adults (geriatrics), technology to support the aging society (gerontechnology), or leisure and sport activities adapted to older people, such as senior sport. The elderly face various social issues concerning retirement, loneliness, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Otto Von Bismarck
Otto, Prince of Bismarck, Count of Bismarck-Schönhausen, Duke of Lauenburg (, ; 1 April 1815 – 30 July 1898), born Otto Eduard Leopold von Bismarck, was a conservative German statesman and diplomat. From his origins in the upper class of Junker landowners, Bismarck rose rapidly in Prussian politics, and from 1862 to 1890 he was the Minister President of Prussia, minister president and List of foreign ministers of Prussia, foreign minister of Prussia. Before his rise to the Executive (government), executive, he was the Prussian ambassador to Russian Empire, Russia and Second French Empire, France and served in both houses of the Landtag of Prussia, Prussian Parliament. He masterminded the unification of Germany in 1871 and served as the first Chancellor of Germany#Under the Emperor (1871–1918), Chancellor of the German Empire until 1890, in which capacity he dominated European affairs. He had served as the chancellor of the North German Confederation from 1867 to 1871, alon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
