There are many sources of political risk to public provision of pensions. This paper analyzes legislation to alter the retirement income system. This approach naturally recognizes that some changes in the system are good responses to social risks, while others generate such risks. Thus the...

Durch die demographischen und ökonomischen Entwicklungen der letzten Dekaden sind Zweifel an der Tragfähigkeit der Gesetzlichen Rentenversicherung (GRV) laut geworden. Die Rufe nach einer Neugestaltung sind in keinem Zweig der Sozialversicherung so deutlich wie in der GRV. Ökonomische...

There are many sources of political risk to public provision of pensions. This paper analyzes legislation to alter the retirement income system. This approach naturally recognizes that some changes in the system are good responses to social risks, while others generate such risks. Thus the...