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,
Pensions in France Pensions in France Pensions in France fall into five major divisions; This minimum pension ("Allocation de Solidarité aux Personnes Âgées" or "Minimum Vieillesse" in French) is the first level of the first pillar of the French pension system. It is a non-contributory pension introduced in 1956. It is targeted at people between 60 and 65 years old who have not been in paid work either for health reasons or because they were carers. It is available to both French and foreign citizens residing in France legally. In order to qualify a single person must have less than €7,635 and €13,374