Sentence examples for a compact between generations from inspiring English sources

Social Security is a compact between generations.

Thus state pension schemes are essentially a "compact between generations".

Mr. Margolis does stress that Social Security is a compact between generations, "whereby younger workers help to support retired workers in exchange for their own future protection". He might have added that it is also a program for workers today: it provides income for their families in the event of a wage-earner's death before retirement, and it assures income in case a worker becomes disabled.

"One of the reasons Social Security has been so successful is that it's a social compact between generations, one generation taking care of the next generation," said Chris Lehane, Mr. Gore's spokesman.

"I believe that this breaks the compact between generations," she says in a 2012 TED talk.

Nevertheless, the prospect of a substantial increase in pensioners in the remainder of the 21st century has led to fears in some quarters that the "compact between generations" may not perpetually be honoured.

From Gavin Kelly, chief executive of the Resolution Foundation  This is a timely and serious report which puts the question of living standards, family incomes, and the compact between generations at the heart of national debate and emphasises that any recovery needs to be widely shared.

American prosperity in the immediate post-war period was generated by a compact between highly-productive American manufacturing firms and well-unionized semi-skilled American labor, a compact which raised working class wages in the United States to unprecedented (and globally unmatched) levels for a generation.

Why, then, would allegations of sexual harassment be able to break a compact between the authorities and the journalists?

He sees the solution to Germany's record unemployment in a compact between employers, labor unions and government.

But after the dictator was toppled, a compact between mainstream parties in the country edged independents out.