Demografischer Wandel : künftige Handlungsoptionen für die deutsche Rentenpolitik

With the introduction of the state subsidized private retirement provision, the implementation of the sustainability factor and the increase of the statutory retirement age comprehensive pension reforms have been adopted in Germany in recent years. In this article we outline the insufficiency of these reform measures to prevent a further increase of pension contribution rates to 25 percent until the year 2060. Against this background, we discuss future policy options for the German statutory retirement scheme. We illustrate the potential of a rule-based adjustment of pensions to changes in life expectancy as well as the chances of a lengthening of the working life.