Kühntopf, Stephan; Tivig, Thusnelda - Institut für Volkswirtschaftlehre, Universität Rostock - 2008
The public pension system in Germany allows early retirement albeit at the cost of pension deductions. Deductions are calculated under the assumption that life expectancy is independent of the age of retirement and apply equally for men and women. The 'fair' amount of deductions is currently...