This paper explores the introduction of collective risk-reallocation elements in defined contribution pension contracts … pension portfolios are optimally chosen. Allowing for intragenerational heterogeneity, the highest-skilled retirees benefit …

behaviour-equations AVID-PRO contains a vast number of detailed institutional regulations of the different old-age pension …-performance microsimulation model for the present old-age pension-reform-debate in Germany. This performance microsimulation model is able to … analyse alternative policy-proposals for the old-age pension-system on the basis of a wide representative sample with the …

In 2001, the voluntary additional Riester pension scheme was implemented in Germany. Financial subsidies should … incentivize people to increase their private pension savings. In this paper, we hypothesize that these publicly subsidized savings … insurance agent in the previous year is a major factor for the possession of a Riester-pension …

In 2001, the voluntary additional Riester pension scheme was implemented in Germany. Financial subsidies should … incentivize people to increase their private pension savings. In this paper, we hypothesize that these publicly subsidized savings … insurance agent in the previous year is a major factor for the possession of a Riester‐pension …

behaviour-equations AVID-PRO contains a vast number of detailed institutional regulations of the different old-age pension …-performance microsimulation model for the present old-age pension-reform-debate in Germany. This performance microsimulation model is able to … analyse alternative policy-proposals for the old-age pension-system on the basis of a wide representative sample with the …

bear the higher pension payments. Pensions that have been restrained due to political mistakes should be reimbursed out of …