German Pension Reform On Road Towards a Sustainable Multi-Pillar System Bert Rürup, Bert Rürup, Christina Wilke

Format:

Book

Thesis/Dissertation

Author/Creator:

Wilke, Christina B.

Wilke, Christina B., Author.

Contributor:

Rürup, Bert, Editor.

Series:

Sozialoekonomische Schriften Series

Sozialökonomische Schriften 34

Language:

English

Physical Description:

1 online resource (210 p.) , EPDF

Edition:

1st, New ed.

Other Title:

Sozialoekonomische Schriften vol. 34

German Pension Reform

Place of Publication:

Frankfurt a.M. PH02 2018

Language Note:

English.

Biography/History:

The Author: Christina Benita Wilke is Managing Director and Researcher in the area of old-age provision and savings at the Mannheim Research Institute for the Economics of Aging (MEA). She has been actively involved in the Rürup Commission's work and has published several papers on the German pension system.

Summary:

The German pension system was the first formal pension system in the world, designed by Bismarck nearly 120 years ago. It has been very successful in providing high and reliable pension levels at reasonable contribution rates. While the generosity of the German pension system is considered a great social achievement, negative incentive effects of past reforms in the 1970s and 1980s and population aging are threatening the very core of the system. This has led to fundamental pension reforms since 1992. Based on a detailed simulation model of the German pension system, this book provides a thorough assessment of the system and its reforms. It shows that the latest reforms have put the system back onto a stable path and moved it from the old monolithic towards a multi-pillar system.

Contents:

Contents: Demographic challenges and labor market potentials for the German pension system - Evaluation of the German pension reform process - Notional defined contribution systems as a reform alternative - Intergenerational distribution and deterministic and stochastic internal rates of return.

Notes:

Peter Lang GmbH, Internationaler Verlag der Wissenschaften

Doctoral Thesis

Creative Commons Attribution 4.0 International CC BY 4.0 https://creativecommons.org/licenses/by/4.0/legalcode

Description based on print version record; resource not viewed.

ISBN:

9783631750490

3631750498

OCLC:

1163856693

Access Restriction:

Unrestricted online access