Breyer, Friedrich; Hupfeld, Stefan - In: Weekly Report 5 (2009) 8, pp. 50-54
principle seeks to hold pension claims at a specific ratio to paid contributions so that a redistribution of income does not … take place. In truth, however, there is a massive redistribution in favor of wage earners with higher incomes, as these … would also lead to significantly less old-age poverty among long-term contributors to the pension system. …