Which country was the first to introduce old-age benefits?
Which country was the first to introduce old-age benefits?
(A) Germany
(B) England
(C) Switzerland
(D) France
Germany was the first to institute a national, state-run old-age social insurance program. This program, initiated by Chancellor Otto von Bismarck in 1889, provided pension benefits to workers over 70 years of age in the industrial sector.