Retirement

Retirement

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 for 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 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.

Data Source : Wikipedia

• Entity:  Infobox

• Wikidata description:  Point Where A Person Chooses To Permanently Leave The Workforce
• Wikidata label:  Retirement
• Wikidata aliases:  Retirement, Retirement And Disability Pension, Retiring

• Related Topics:  Retirement Category, Simple Living - Simple Living Refers To Practices That Promote Simplicity In One's Lifestyle. Common Practices Of Simple Living Include Reducing The Number Of Possessions One Owns, Depending Less On Technology And Services, And Spending Less Money., Downshifting (Lifestyle) - In Social Behavior, Downshifting Is A Trend Where Individuals Adopt Simpler Lives From What Critics Call The "Rat Race"., Pension - A Pension Is A Fund Into Which Amounts Are Paid Regularly During An Individual's Working Career, And From Which Periodic Payments Are Made To Support The Person's Retirement From Work., Ageing - Ageing Is The Process Of Becoming Older. The Term Refers Mainly To Humans, Many Other Animals, And Fungi; Whereas For Example, Bacteria, Perennial Plants And Some Simple Animals Are Potentially Biologically Immortal., Mandatory Retirement - Mandatory Retirement, Also Known As Forced Retirement, Enforced Retirement Or Compulsory Retirement, Is The Set Age At Which People Who Hold Certain Jobs Or Offices Are Required By Industry Custom Or By Law To Leave Their Employment, Or Retire., Gerontology - Gerontology Is The Study Of The Biological, Cognitive, Cultural, Psychological, And Social Aspects Of Ageing. The Word Was Coined By Ilya Ilyich Mechnikov In 1903, From The Greek Γέρων, Meaning "Old Man", And -Λογία, Meaning "Study Of".