This paper uses a cohort microsimulation model to analyse intragenerational distributional effects of a shift from a defined benefit pay‐as‐you‐go pension system that includes flat rate component and length of pensionable service component to a pension system with contribution based...

Pension taxation has large budgetary and distributional effects, in particular in the light of ageing societies and the importance of pension benefits in old-age income. This paper investigates the impact of taxing public and mandatory occupational old-age pensions in the EU, focusing on both...

This paper investigates the fiscal pressure from demographic change in relation to the labour marketspace for fifty countries that cover 75% of the world population. The pressure-to-space indicator ranks Poland, Turkey and Greece high. Apart from Turkey and India, developing countries rank low...

This paper contributes to the literature on the weakness of modern pay-as-yougo social security systems in financing pensions by taking a business and economic historical perspective on the issue. It focuses on Prussian Knappschaften (plural of Knappschaft), which provided miners with compulsory...

This paper contributes to the literature on the weakness of modern pay-as-you-go, social security systems in financing pensions by taking a business and economic historical perspective on the issue. It focuses on Prussian Knappschaften (plural of Knappschaft), which provided miners with...

From 1981 to 2014, thirty countries privatized fully or partially their public mandatory pensions; as of 2018, eighteen countries have reversed the privatization. This report: (i) analyses the failure of mandatory private pensions to improve old-age income security and their underperformance in...

Trotz des demografischen Wandels ist ein beitragsfinanziertes Rentensystem in Deutschland möglich und wünschenswert. Ein Rentenniveau von beispielsweise 50 % kann auch nach 2030 noch über Beiträge finanziert werden. Zum einen übersteigt die Produktivitäts- und Einkommensentwicklung die...

In der Juniausgabe 2021 veröffentlichte der Wirtschaftsdienst einen Aufsatz mit dem Titel "Beitragsfinanzierung im "demografiegestressten" Rentensystem möglich" von Ernst Niemeier. Martin Werding vertritt in einer Replik eine andere Auffassung, im Anschluss erläutert Ernst Niemeier seinen...

In der Juniausgabe 2021 veröffentlichte der Wirtschaftsdienst einen Aufsatz mit dem Titel "Beitragsfinanzierung im "demografiegestressten" Rentensystem möglich" von Ernst Niemeier. Martin Werding vertritt in einer Replik eine andere Auffassung, im Anschluss erläutert Ernst Niemeier seinen...

Calls to overhaul pension tax relief by scrapping higher rates of relief and setting a so-called "flat rate" "tax relief" are misguided. Such proposals would also face huge practical problems and lead the tax system to become even more complex. Pension tax relief has been criticized as being...