The paper motivates and describes the tax treatment of German retirement benefits and pensions after the 2005 reform … field" among the many instruments generating retirement income in Germany. The paper briefly outlines rational principles … for the taxation of retirement benefits and pensions and compares these with current practice in Germany and abroad …

address this question in the context of a recent German pension reform which raised the statutory retirement age by two years … of work ability at retirement and fundamental opposition. Our results show that expected work ability declines …

scheme (“second pillar”) that will provide increasing amounts of supplementary pensions to those entering retirement in the … reforming the system, highlighting their potential impact on pension finances, public budgets, and retirement incomes …

We study the effects of an annuity market imperfection on individual agents' labour supply and retirement decisions and …

advocated policy response is to increase retirement age. Ironically, however, the political support for this policy may actually …) from pension reforms referenda, we show in fact that individuals close to retirement tend to oppose policies that postpone … retirement, whereas young and elderly individuals are more favorable. The current process of population aging, and the associated …