Retirement idea of retirement is of recent origin, being introduced during the late 19th and early 20th centuries. Previously, low life expectancy and the absence of pension arrangements meant that most workers continued to work until death. Germany was the first country to introduce retirement benefits in 1889. Nowadays, most developed countries have systems to provide pensions on retirement in old age, which may be sponsored by employers or the state. In many poorer countries, support for the old is still mainly provided through the family. Today, retirement with a pension is considered a right of the worker in many societies,
Old Age Allowance the means-tested Portable Comprehensive Social Security Assistance (CSSA) instead. In 2013, the Social Welfare Department began accepting applications for OAA from Hong Kong residents who lived in Guangdong. However, receipt of payments continued to require an account at a Hong Kong bank, which proved difficult for some recipients whose banks told them they could not maintain an account without a Hong Kong address. Recipients of Normal Old Age Allowance of ages between 65 and 69 have long been required to meet a means test; however, attempts to introduce a broader means test as a trade-off for increasing the OAA have