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This paper analyses and compares the first and the second program of burden sharing (Lastenausgleich): which were enacted after the founding of the Federal Republic of Germany 1948/49, and after the reunification of Germany 1990, respectively. The first program of burden sharing, firstly, aimed...
Persistent link: https://www.econbiz.de/10011128143
Since 2000, the individual monthly payments from the Germany Statutory Pension Insurance Scheme (GRV) to new male pensioners have been declining. Those entering retirement today receive an average of 7 percent less than those who retired ten years ago. At the same time, the number of recipients...
Persistent link: https://www.econbiz.de/10009322591