Introduced 20 years ago as a part of the 2001 pension reform, the Riester pension is meant to function as an essential component of the German pension system with the aim of compensating for decreasing public pensions. However, data collected by the SOEP show that this objective has not yet been...

This paper discusses the gap in own old-age incomes of men and women and explores the causes for these differences by means of decomposition methods using German micro-data of the survey 'Alterssicherung in Deutschland' (ASID). The Gender Pension Gap has decreased but still amounts to about 60%...

This paper explores the introduction of collective risk-reallocation elements in defined contribution pension contracts. We consider status-contingent, age-contingent and asset-contingent arrangements to reallocate risk among participants. Eliminating asset market risk for the retired raises...