Die schrittweise Anhebung der Regelaltersgrenze auf 67 Jahre wird von vielen kritisiert. Argumentiert wird, dass die Rentner zukünftig niedrigere Renten erhalten, entweder weil sie (höhere) Abschläge in Kauf nehmen müssen oder weil sie ihre Rente nun weniger lange bekommen. So oder so sei...

Many European countries are currently transferring their pay-as-you-go public pension system to a three-pillar-system of public, occupational, and private pensions. In Germany, economists expect a pension gap for future retiree cohorts as public pensions will decrease and private old age...

The present paper compares the distributional and risk-sharing consequences of two pension reform proposals in Germany which both aim to improve the sustainability of the current system by introducing demographic variables to the benefit calculation. While the first reform proposes a so-called...

One feature of recent pension reforms in OECD countries has been that more individual responsibility is transferred to employees and in particular to those approaching the end of their working life. Enlarged freedom of choice concerns the timing of retirement with corresponding consequences for...

Gegenstand der vorliegenden Untersuchung ist eine Quantifizierung der Pensionsausgaben für die jeweiligen Länderhaushalte im Zeitablauf. Zwar wurden die Pensionsverpflichtungen in den Versorgungsberichten vereinzelter Länderfinanzministerien bereits beschrieben, allerdings liegen damit keine...

The paper surveys the state of German pension system after a sequence of reforms aimed at achieving long-term sustainability. We argue that the latest reforms have moved pension provision in Germany in principle from a defined benefit to a defined contribution scheme, and that this move has...

We analyze the impact of changing employment patterns and pension reforms on the future level of public pensions across birth cohorts in Germany. The analysis is based on a rich dataset that combines household survey data from the German Socio-Economic Panel Study (SOEP) and process-produced...