member states are shrinking and getting older. This holds for Sweden and above all for Germany. Due to OECD figures the share … of the ones 65 and over of the total population in West Germany has risen from 10.8% in 1960 to 16.2% in 1997 and it is … 1994 and Germany with its Pansion reform act in 1999 which passed the parliament in 1997. This distinction is important …

Like in many other OECD countries, the population will age rapidly in Germany during the next decades. This undermines … the demographic transition in Germany. Given the current unfunded pension system, the model first calculates a baseline …