Mit der Rentenreform 2001 wurde die so genannte Riester-Rente geschaffen. Sie soll die Rentenlücke schließen, die durch die Anpassung der umlagefinanzierten gesetzlichen Rente an die demographische Entwicklung entstehen wird. In dieser Studie wird untersucht, ob dies gelingt und von welchen...

Population aging will be a major determinant of long-run economic development in industrial and developing countries. The extent of the demographic changes is dramatic in some countries and will deeply affect future labor, financial, and goods markets. The expected strain on public budgets and...

Der Sachverständigenrat hat in seinem Jahresgutachten 2008/09 einen Vorschlag zur Schaffung eines einheitlichen Rentensystems unterbreitet, aber keine Wirkungsanalyse veröffentlicht. Diese Analyse ist Ziel dieser Studie. Sie zeigt, dass die Auswirkungen des Reformvorschlags entscheidend von...

The paper examines the long-term implications of various reform options on retirement entry decisions and the actual retirement age of older workers. It focuses on the changes in pension legislation since 1992 and the reform options discussed by the German Social Security Reform Commission...

Throughout the world, population aging is a major challenge that will continue well into the 21 st century. While the patterns of the demographic transition are similar in most countries, timing differs substantially, in particular between industrialized and less developed countries. To the...

This paper provides a critical review of the pension reform strategy which turns defined benefits (DB) public pay-as-you-go systems into notional defined contribution (NDC) systems. We show that properly designed NDC public pension systems contain powerful economic and political mechanisms that...