CDU/CSU und FDP haben in ihrem Koalitionsvertrag unter anderem vereinbart, "noch in dieser Legislaturperiode ein einheitliches Rentensystem in Ost und West" zu schaffen. Angesichts der Tatsache, daß der Rentenwert in Ostdeutschland mit 24,13 Euro um rund 11% niedriger liegt als in...

As one possible solution to the well-known financing crisis of unfunded social security systems, an increase in the retirement age is a popular option. To induce workers to retire later, it has been proposed to strengthen the link between retirement age and benefit level. The present paper is...

Micro-econometric intra-cohort profitability analyses of pay-as-you-go (PAYG) pension contributions are rare. We use representative employment histories of a birth cohort of German PAYG pension insurants retiring in year 2005 to econometrically examine the determinants of the profitability of...