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What was around or ended more recently than people think?
(lemmy.autism.place)
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this post was submitted on 10 Nov 2024
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The last American Civil War pension recipient died in 2020.
How are pension recipients determined?
...Didn't that war end like 160 years ago?
US Civil war vets who lived to be 90 married little girls at the end of their life. Usually it was an arrangement. The little girls would then be eligible for the pension and it transferred to them when the veteran died. Some of these girls themselves lived to their 90s, hence you had state governments still pay civil war annuities in the era of TikTok.
Stuff like this is also why a lot of companies have also moved away from pensions, one it's expensive, two mismanagement, but it turns out that offering to pay someone for free until the end of their life doesn't make shareholders happy, so fuck the employees right?
now we'll be lucky if we retire at all
Civil war employees must've had a powerful Union lol.
Hardened war veterans with guns and nothing to lose.
"In a world..."