Pensions for All

Archive Report

Old-Age Pensions and Pension Policy

Emergence of Old-Age Pensions as Political Issue

Current Agitation for provision of old-age pensions, by government or industry or both, on a scale hitherto advocated only by proponents of the Townsend Plan is generating a political issue of major significance. Senate consideration of a bill, already passed by the House, to broaden the coverage and increase the benefits of the present federal old-age insurance system will bring the whole question of pension policy to the fore at the 1950 session of Congress. And inasmuch as Congress is not likely to give full and immediate satisfaction to all the pension demands, the debate seems certain to be continued in the fall election campaign.

Attention was directed to the shortcomings of existing government provisions ...

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