The Carnegie Foundation for the Advancement of Teaching Founded 1905
The Carnegie Foundation for the Advancement of Teaching Founded 1905
Robert S Robert Sangster Rait
The book The Carnegie Foundation for the Advancement of Teaching Founded 1905 was written by author Robert S Robert Sangster Rait Here you can read free online of The Carnegie Foundation for the Advancement of Teaching Founded 1905 book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is The Carnegie Foundation for the Advancement of Teaching Founded 1905 a good or bad book?
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In addition, the Trustees of the Foundation sought the advice and aid of expert actuaries, statisticians, and economists. The pension problem has become in the last twelve years a social and economic question of the first importance, and the Trustees soon realized that the right solution of their problem was one of far-reaching effect. They endeavored, therefore, to deal not only with the details of teachers' pensions, but to deter- mine the fundamental principles that must underlie a pension s...ystem designed for any group in the body politic. This study extended over a series of years. The steps by which the various conclusions were reached are given in detail in the reports and bulletins of the Foundation. They can be best ex- amined in these publications. The conclusions to which the Trustees were led were so impor- tant, that these should be briefly stated in any account of the first twelve years of the Foundation's history. The facts clearly established by these investigations were the following: A pension system paid out of income, whether of a government or of a corporation, at no cost to the beneficiary is expensive be- yond all anticipation.
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