Retirement

High school (ages 12+)
People & Society

Name:

Date:

Step 1 · Read the article

Open the article and read it at the level above. Then answer the questions below in your own words.

https://smallwhale.org/articles/retirement

Write what each word means, using the article.

Do not copy the article. Write two things you learned, the way you would explain them to a friend.

Answers below are taken from the article’s stored facts, so they match what the student read.

1. What is the pioneering legislation?Germany established national retirement benefits in 1889
2. What is the retirement as a right?Recognized as a fundamental right in many Western societies, sometimes constitutionally protected
3. When did people start being able to retire?People could start retiring after the late 1800s, when Germany gave retirement benefits in 1889, and other countries followed.
4. Why do grown‑ups retire?Grown‑ups retire because they have worked hard for many years and want to rest, enjoy hobbies, and spend time with family.

Life Expectancy: The statistical average number of years a person is expected to live, a key factor in retirement planning and societal support.
Social Security: Government programs designed to provide financial assistance to citizens, particularly the elderly, unemployed, or disabled.
Defined Benefit Pension: A retirement plan providing a predetermined monthly income for life, typically based on salary and years of service.
Defined Contribution Plan: A retirement savings plan where the employee and/or employer contribute funds, with the final retirement amount dependent on investment growth.