Inter-generational contract

Inter-generational contract

An inter-generational contract is a dependency between different generations based on the assumption that future generations, in honoring the "contract", will provide a service to a generation that has previously done the same service to an older generation.

The most common use of the term is in statutory pension insurance provisions and refers to the consensus to provide pension for the retired generations through payments made by the working generations.

The use of the word "contract" is not entirely accurate as the next generation implicitly enters the agreement without consent.


Wikimedia Foundation. 2010.

Игры ⚽ Поможем решить контрольную работу

Look at other dictionaries:

  • Intergenerational conflict — An intergenerational conflict is either a conflict situation between teenagers and adults or a more abstract conflict between two generations, which often involves all inclusive prejudices against another generation.Furthermore intergenerational… …   Wikipedia

  • Organized crime — Crime syndicate redirects here. For the DC Comics group of villains, see Crime Syndicate. For other uses, see Organized crime (disambiguation). Al Capone, a name often associated with organized crime …   Wikipedia

  • Individual and political action on climate change — can take many forms, most of which have the ultimate goal of limiting and/or reducing the concentration of greenhouse gases in the atmosphere, toward avoiding dangerous climate change. Contents 1 Political action 2 Protest movements 3 …   Wikipedia

  • Multidisciplinary Association for Psychedelic Studies — The current MAPS logo. Type 501(c)(3) Non Profit Founded …   Wikipedia

  • Michelle Remembers —   …   Wikipedia

  • Neighbours — This article is about the Australian soap opera. For other articles with similar titles, see Neighbors (disambiguation). Neighbours Current Neighbours opening title card Genre Soap opera Created by …   Wikipedia

  • Murder in the Cassava Patch —   Author(s) Bai T. Moore …   Wikipedia

  • UNITED STATES OF AMERICA — UNITED STATES OF AMERICA, country in N. America. This article is arranged according to the following outline: introduction Colonial Era, 1654–1776 Early National Period, 1776–1820 German Jewish Period, 1820–1880 East European Jewish Period,… …   Encyclopedia of Judaism

  • WOMAN — This article is arranged according to the following outline: the historical perspective biblical period marriage and children women in household life economic roles educational and managerial roles religious roles women outside the household… …   Encyclopedia of Judaism

  • china — /chuy neuh/, n. 1. a translucent ceramic material, biscuit fired at a high temperature, its glaze fired at a low temperature. 2. any porcelain ware. 3. plates, cups, saucers, etc., collectively. 4. figurines made of porcelain or ceramic material …   Universalium

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”