Rürup, Bert - In: Vierteljahrshefte zur Wirtschaftsforschung / Quarterly … 80 (2011) 2, pp. 53-60
A new born child has on average a three months longer life expectancy than a newborn of the previous year. Consequences of these gains in life expectancy are-in the case of a constant statutory retirement age-increasing pay-out-periods in the PAYGS. The retirement age of 67 tries to cover the...