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Health, Financial Incentives, and Early Retirement : Micro-Simulation Evidence for Germany

Juerges, Hendrik - 2014

About 20% of German workers retire on disability pensions. Disability pensions provide fairly generous benefits for those who are not already age-eligible for an old-age pension and who are deemed unable to work for health reasons. In this paper, we use two sets of individual survey data to...

Persistent link: https://www.econbiz.de/10013059094

Earnings Test, Non-Actuarial Adjustments and Flexible Retirement

Börsch-Supan, Axel H. - 2018

In response to the challenges of increasing longevity, an obvious policy response is to gradually increase the statutory eligibility age for public pension benefits and to shut down pathways to early retirement such as special rules for women. This is, however, very unpopular. As an alternative,...

Persistent link: https://www.econbiz.de/10012918708

Aging, Pension Reform, and Capital Flows : A Multi-Country Simulation Model

Börsch-Supan, Axel H.; Ludwig, Alexander; Winter, … - 2021

Population aging and pension reform will have profound effects on international capital markets. First, demographic … reform shifts old-age provision towards more pre-funding. Third, while the patterns of population aging are similar in most …, population aging will induce capital flows between countries. All three effects influence the rate of return to capital and …

Persistent link: https://www.econbiz.de/10013227231

Healthy, Happy and Idle : Estimating the Health Capacity to Work at Older Ages in Germany

Juerges, Hendrik - 2016

After two decades of reforms that have tightened eligibility for early retirement and the generosity of social security payments, the German government has begun to turn back time and re-introduce more generous disability and early retirement benefits. Often, poor health is cited as the main...

Persistent link: https://www.econbiz.de/10012999444