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Answered Question

davepamn davepamn
 
February 19, 2009 12:21 PM

When was the first pension created?

When and who created the first pension financial device created.
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jduvall jduvall
 
 February 19, 2009 02:42 PM
According to the website For The First Time, "The first non-government pension plan in the United States was created by the American Express Company in 1875". The second source makes mention of the Pennsylvania Railroad Pension in 1900.
Source(s):
http://4thefirsttime.blogspot.com/2007/10/1875-first-pension-plan-in-us.htm...
http://eh.net/bookreviews/library/0123

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