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Rates of return and early retirement disincentives : evidence from a German pension reform
Lüthen, Holger - 2014
To counteract the financial pressure emerging in aging societies, statutory pay-as-you-go pension schemes are undergoing fundamental reforms in many Western countries. Starting with cohort 1937, Germany introduced permanent pension deductions for early retirement. This paper examines the...
Persistent link: https://www.econbiz.de/10010362261
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Rates of return and early retirement disincentives : evidence from a German pension reform
Lüthen, Holger - 2014
To counteract the financial pressure emerging in aging societies, statutory pay-as-you-go pension schemes are undergoing fundamental reforms in many Western countries. Starting with cohort 1937, Germany introduced permanent pension deductions for early retirement. This paper examines the...
Persistent link: https://www.econbiz.de/10010362934
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Rates of return and early retirement disincentives : evidence from a German pension reform ; conference paper
Lüthen, Holger - 2014
To counteract aging populations, statutory pay-as-you-go pension systems are subject to fundamental reforms in many Western societies. Starting with cohort 1937, Germany introduced permanent pension deductions for early retirement. This paper examines the evolution of the profitability of...
Persistent link: https://www.econbiz.de/10010488502
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One pillar crumbling, the others too short : old-age provision in Germany
Werding, Martin - 2016
Public pay-as-you-go pensions still form the dominant pillar of old-age provision in Germany. This is in marked …
Persistent link: https://www.econbiz.de/10011429583
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Old-age poverty : the household perspective : a microsimulation approach of pension entitlements in Germany
Finkler, Sebastian - 2019 - This version: 11 February 2019
entitled beneficiaries. Whilst 30% of all new pensions would benefit from an individual perspective, after means-testing only 3 …
Persistent link: https://www.econbiz.de/10012265643
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Do savings increase in response to salient information about retirement and expected pensions?
Dolls, Mathias; Doerrenberg, Philipp; Peichl, Andreas; … - 2016
change the level of pensions, but only manipulated the knowledge about and salience of expected pension payments. Using …
Persistent link: https://www.econbiz.de/10011535690
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Do retirement savings increase in response to information about retirement and expected pensions?
Dolls, Mathias; Doerrenberg, Philipp; Peichl, Andreas; … - 2018
public pension payments. This reform did not change the level of pensions, but only provided information to individuals about … direct way to increase public pensions, increase after receiving the letter. …
Persistent link: https://www.econbiz.de/10011782119
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The Role of Social Partners in Transforming the German Pension System
Burger, Dr. Csaba - 2010
constraints - unsustainable pay-as-you-go public pension system. The decrease of public pensions was offset by strengthening the …
Persistent link: https://www.econbiz.de/10013136421
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Decomposition of Demographic Effects on the German Pension System
Fenge, Robert - 2018
The paper analyses the impact of demographic developments on the German pension system until the year 2060. The projections are simulated for a range of assumptions on the latest demographic trends and on the labour market and comprise the latest pension legislation. As a central innovation we...
Persistent link: https://www.econbiz.de/10012926557
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The Impact of Life-Course Developments on Pensions in the NDC Systems in Poland, Italy and Sweden and Point System in Germany
Chłoń-Domińczak, Agnieszka - 2018
Old-age pensions in the NDC systems reflect the accumulated lifetime labour income. Interrupted careers and differences …-age pensions in the future. We argue that the pension systems' design modifications that weaken the link between contribution and … benefits would not solve the challenge of providing adequate old-age pensions to people with interrupted careers. On the …
Persistent link: https://www.econbiz.de/10012926703