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We investigate the development of public pensions in Germany and how its significance will change when the multi-pillar systems matures due to population aging. The message of our analysis is complex. Even after the pension reforms which took place between 2001 and 2007 public pensions will...
Persistent link: https://www.econbiz.de/10005244962
This paper investigates the savings behaviour of German households, especially their capability and their reasons to save. We find that about one third of private households do not save at all while about 50 percent of the households save very regularly. Savings rates appear to be related to...
Persistent link: https://www.econbiz.de/10005244965
This paper describes the German pension reform process 1992-2007 with a stress on a remark-able development: the public pay-as-you-go-financed pension system has almost silently moved from a traditional defined benefit system to a system which works in many respects like a defined contribution...
Persistent link: https://www.econbiz.de/10005463618
Pay-as-you go pension systems are an insurance against the risks of longevity-related old-age poverty and related risks. In addition, they are commonly also used as an instrument of redistribution. This paper provides alternative estimates of the transfer share in the German PAYG public pension...
Persistent link: https://www.econbiz.de/10005463645
Persistent link: https://www.econbiz.de/10005463652
, based on a synthetic panel of four cross sections of the German Income and Expenditure Survey ('Einkommens- und …
Persistent link: https://www.econbiz.de/10005585780
Public pensions - the primary pillar of old-age income provision - will, in the future, be less generous than they have been in the past, in particular owing to the impact of demographic change. The pension gap is supposed to be plugged by the second and third pillars of pension provision....
Persistent link: https://www.econbiz.de/10005592855
Aim of this paper is to study the provision of income to the elderly in Germany and to assess whether the German social security system provides an adequate retirement income in a sustainable way. Accordingly, the paper has two parts. The first part describes the German public old age social...
Persistent link: https://www.econbiz.de/10005628192
Entgeltumwandlung eingeführt, was erlaubt, Teile des Arbeitsentgelts steuer- und sozialabgabenfrei zum Aufbau einer betrieblichen … Auswirkungen der Sozialabgabenfreiheit für die finanzielle Lage der Rentenversicherung und das Gesamtversorgungsniveau der …, dass eine Beibehaltung der Sozialabgabenfreiheit zu einem leicht niedrigeren Rentenversicherungsbeitragssatz und einem …
Persistent link: https://www.econbiz.de/10005628229
Persistent link: https://www.econbiz.de/10005628262