Over the past years, the financial situation and the retirement prospects of the so-called babyboomers (people born during the demographic Post-World War II baby-boom) have become source of public concern and has attracted a great deal of attention in the US. In Germany, on the contrary, the...

Riester pensions are voluntary, but heavily subsidized private pension schemes in Germany. They were designed as a matching defined contribution scheme to fill the emerging "pension gap" that is being generated by the gradually declining generosity of the public pay-as-you-go pensions in...

This paper provides an empirical analysis of what determines access to occupational pensions as perceived by workers. We investigate this issue in Germany, where workers have the legal right to an occupational pension since 2001, but many might lack the incentive or the ability to gather and...

The spread of the state subsidized private pension scheme (Riester pension), taken as a whole, still continues very dynamically. Ten years after the introduction of the Riester pension, however, its distribution among certain groups of the population remains fairly low. One reason seems to be...