The German Public Pension System

Download The German Public Pension System full books in PDF, epub, and Kindle. Read online The German Public Pension System ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

A History of the German Public Pension System

Author : Alfred C. Mierzejewski
Publisher : Rowman & Littlefield
ISBN 13 : 1498521177
Total Pages : 445 pages
Book Rating : 4.4/5 (985 download)

DOWNLOAD NOW!

Book Synopsis A History of the German Public Pension System by : Alfred C. Mierzejewski

Download or read book A History of the German Public Pension System written by Alfred C. Mierzejewski and published by Rowman & Littlefield. This book was released on 2016-03-04 with total page 445 pages. Available in PDF, EPUB and Kindle. Book excerpt: A History of the German Public Pension System: Continuity amid Change provides the first comprehensive institutional history of the German public pension system from its origins in the late nineteenth century to the major reform period in the early twenty-first century. Relying on a wide range sources, including many used for the first time, this study provides a balanced account of how the pension system has coped with major challenges, such as Germany’s defeat in two world wars, inflation, the Great Depression, the demographic transition, political risk, reunification, and changing gender roles. It shows that while the pension system has changed to meet all of these challenges, it has retained basic characteristics—particularly the tie between work, contributions, and benefits—that fundamentally define its character and have enabled it to survive economic and political turmoil for over a century. This book also demonstrates that the most serious challenge faced by the pension system has consistently been political intervention by leaders hoping to use it for purposes unrelated to its mission of providing the insured with secure and adequate retirement income.

German Pension Reform

Author : Christina Benita Wilke
Publisher : Peter Lang
ISBN 13 : 9783631588512
Total Pages : 216 pages
Book Rating : 4.5/5 (885 download)

DOWNLOAD NOW!

Book Synopsis German Pension Reform by : Christina Benita Wilke

Download or read book German Pension Reform written by Christina Benita Wilke and published by Peter Lang. This book was released on 2009 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The German Public Pension System

Author : Axel Börsch-Supan
Publisher :
ISBN 13 :
Total Pages : 74 pages
Book Rating : 4.3/5 ( download)

DOWNLOAD NOW!

Book Synopsis The German Public Pension System by : Axel Börsch-Supan

Download or read book The German Public Pension System written by Axel Börsch-Supan and published by . This book was released on 2004 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Describes the German pension system as it has shaped the labor market until about the year 2000" and "describes the three staged reform process." - abstract.

Political Determinants of Evolution and Reform of the German Public Pension Plan

Author : Nicole Petrick
Publisher : GRIN Verlag
ISBN 13 : 3640394097
Total Pages : 65 pages
Book Rating : 4.6/5 (43 download)

DOWNLOAD NOW!

Book Synopsis Political Determinants of Evolution and Reform of the German Public Pension Plan by : Nicole Petrick

Download or read book Political Determinants of Evolution and Reform of the German Public Pension Plan written by Nicole Petrick and published by GRIN Verlag. This book was released on 2009-08 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2005 in the subject Economics - Finance, grade: 1,3, Humboldt-University of Berlin, 13 entries in the bibliography, language: English, abstract: The paper discusses the evolution and reform of the German public pension plan in respect to its history, theoretical approaches to explain the choice and evolution of pension plans and takes current issues in account in order to evaluate the suggestions made and to show what political determinants influence future reform. Part 1 of this paper will give a short review of the history of the German public pension plan between the late 19th century and today. Part 2 will show how decisions made in the past could be explained and will use political approaches to explain the choice and evolution of pension schemes and pension reform. Part 3 of this paper will then consider the current problems faced by the pension system and will discuss different proposals made. It will consider the current situation of the German public pension plan and will use political determinants in order to examine how the future reform of the public pension fund in Germany could develop. A small critique will be given at the end.

The German Public Pension System

Author : Axel H. Börsch-Supan
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

DOWNLOAD NOW!

Book Synopsis The German Public Pension System by : Axel H. Börsch-Supan

Download or read book The German Public Pension System written by Axel H. Börsch-Supan and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Germany still has a very generous public pay-as-you-go pension system. It is characterized by early effective retirement ages and very high effective replacement rates. Most workers receive virtually all of their retirement income from this public retirement insurance. Costs are almost 12% of GDP, more than 2.5 times as much as the U.S. Social Security System. The pressures exerted by population aging on this monolithic system, amplified by negative incentive effects, have induced a reform process that began in 1992 and is still ongoing. This paper has two parts. Part A describes the German pension system as it has shaped the labor market from 1972 until today. Part B describes the reform process, which will convert the exemplary and monolithic Bismarckian public insurance system to a complex multi-pillar system. We provide a survey of the main features of the future German retirement system introduced by the so called "Riester Reform" in 2001 and an assessment in how far this last reform step will solve the pressing problems of the German system of old age provision.

Sustainability of the German Pension Scheme: Employment at Higher Ages and Incentives for Delayed Retirement

Author : Lewicki, Maria Patricia
Publisher : KIT Scientific Publishing
ISBN 13 : 3731501716
Total Pages : 159 pages
Book Rating : 4.7/5 (315 download)

DOWNLOAD NOW!

Book Synopsis Sustainability of the German Pension Scheme: Employment at Higher Ages and Incentives for Delayed Retirement by : Lewicki, Maria Patricia

Download or read book Sustainability of the German Pension Scheme: Employment at Higher Ages and Incentives for Delayed Retirement written by Lewicki, Maria Patricia and published by KIT Scientific Publishing. This book was released on 2014-03-25 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aging society and threatening old-age poverty are two major political topics in Germany for the next decades. Many modern employment biographies consist of atypical employment and discontinuities; both negatively impact the pension entitlements of the individuals. This work develops an inninnovative approach that offers flexibility to absorb demographic changes as well as labor market developments, without threatening the financial stability of the public pension scheme.

Growing Old in Dignity

Author : Eugen Stumpf
Publisher : GRIN Verlag
ISBN 13 : 3656049467
Total Pages : 53 pages
Book Rating : 4.6/5 (56 download)

DOWNLOAD NOW!

Book Synopsis Growing Old in Dignity by : Eugen Stumpf

Download or read book Growing Old in Dignity written by Eugen Stumpf and published by GRIN Verlag. This book was released on 2011-11 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (undergraduate) from the year 2011 in the subject Politics - Political Systems - Germany, grade: 1,0, University of applied sciences, Düsseldorf, course: Economics - MBA, Master of Business Administration, language: English, abstract: This paper surveys the situation of the German pension system after a sequence of reforms which started as a fully funded system implemented by Bismarck during the 1880s, with a mandatory retirement age of 70 years when male life expectancy at birth was less than 45 years. Today, life expectancy for men is more than 80 years. After a long and arduous debate in the German Bundestag, agreements on a comprehensive pension reform resulted in the pension reform of 1957, which mainly established changes such as the normal retirement age at 65, the retirement at the age of 60 for elderly unemployed, the retirement for women at the age of 60 and, at last, the introduction of dynamic benefits indexed to gross wages which had an immediate impact on the economic wellness of current retirees. Thereafter, the 1972 reform made the German pension system one of the most generous of the world, as it mainly opened the public pension insurance system to all workers with generous terms for back-payment of contributions and eased the terms and conditions for early retirement by the implementation of the so-called 'flexible retirement', as discussed in chapter 1 of this paper. The following pension reforms discussed in this paper are the "Riester reform" of 2001 with the following main objectives: the sustainability of contribution rates in order to secure the long-term stability of pension levels and the spread of supplementary private pension savings, and continuing with the efforts of the Rürup commission which culminated in the "Rürup reform" of 2004 which the objective to stabilize contribution rates while at the same time ensuring appropriate future pension levels. Based on the above, it can be concluded that on the whole the sequence o

Pension Systems

Author : Birgit Mattil
Publisher : Springer Science & Business Media
ISBN 13 : 9783790816754
Total Pages : 300 pages
Book Rating : 4.8/5 (167 download)

DOWNLOAD NOW!

Book Synopsis Pension Systems by : Birgit Mattil

Download or read book Pension Systems written by Birgit Mattil and published by Springer Science & Business Media. This book was released on 2006-01-11 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recently, policy debate and comparative research on old-age pensions have focused on the financial sustainability of pension systems in the face of demographic change. This study, however, also takes into account distributional effects involved in pension system structures. Theoretical, institutional and empirical analyses are combined to form a comprehensive framework for evaluating financial sustainability and distributional effects of the pension systems implemented in Germany and the United Kingdom. Along with projections of demographic trends and future public pension expenditure, the empirical results on old-age incomes and their distribution allow for identifying a number of reform options for each pension system to improve their financial or distributional results.

Growing old in dignity

Author : Eugen Stumpf
Publisher : GRIN Verlag
ISBN 13 : 3656049661
Total Pages : 50 pages
Book Rating : 4.6/5 (56 download)

DOWNLOAD NOW!

Book Synopsis Growing old in dignity by : Eugen Stumpf

Download or read book Growing old in dignity written by Eugen Stumpf and published by GRIN Verlag. This book was released on 2011-11-07 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (undergraduate) from the year 2011 in the subject Politics - Political Systems - Germany, grade: 1,0, University of applied sciences, Düsseldorf, course: Economics - MBA, Master of Business Administration, language: English, abstract: This paper surveys the situation of the German pension system after a sequence of reforms which started as a fully funded system implemented by Bismarck during the 1880s, with a mandatory retirement age of 70 years when male life expectancy at birth was less than 45 years. Today, life expectancy for men is more than 80 years. After a long and arduous debate in the German Bundestag, agreements on a comprehensive pension reform resulted in the pension reform of 1957, which mainly established changes such as the normal retirement age at 65, the retirement at the age of 60 for elderly unemployed, the retirement for women at the age of 60 and, at last, the introduction of dynamic benefits indexed to gross wages which had an immediate impact on the economic wellness of current retirees. Thereafter, the 1972 reform made the German pension system one of the most generous of the world, as it mainly opened the public pension insurance system to all workers with generous terms for back-payment of contributions and eased the terms and conditions for early retirement by the implementation of the so-called ‘flexible retirement’, as discussed in chapter 1 of this paper. The following pension reforms discussed in this paper are the “Riester reform” of 2001 with the following main objectives: the sustainability of contribution rates in order to secure the long-term stability of pension levels and the spread of supplementary private pension savings, and continuing with the efforts of the Rürup commission which culminated in the “Rürup reform” of 2004 which the objective to stabilize contribution rates while at the same time ensuring appropriate future pension levels. Based on the above, it can be concluded that on the whole the sequence of pension reforms in Germany has successfully converted what was once a so called monolithic Bismarckian public insurance system to an efficient multi-pillar. Given this situation, as discussed in chapter 2 of this paper, the German pension system nowadays are based in a three-pillar system, consisting of the following elements: The first and most important pillar is universal and mandatory, organized as a pay-as-you-go system. The second pillar is the voluntary occupational pension system which is also universal and mandatory, but capital funded. The third pillar is also capital funded, but organized as a voluntary private provision system.

The biggest sponsors of the German state are the working population and pensioners

Author : Helmut Harter
Publisher : novum publishing
ISBN 13 : 1642687405
Total Pages : 295 pages
Book Rating : 4.6/5 (426 download)

DOWNLOAD NOW!

Book Synopsis The biggest sponsors of the German state are the working population and pensioners by : Helmut Harter

Download or read book The biggest sponsors of the German state are the working population and pensioners written by Helmut Harter and published by novum publishing. This book was released on 2024-07-15 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: Enjoying time after a busy life with a good pension - that's the dream of us all. And we deserve it after all the hard work. However, for many people, their pension is no longer enough. There are reasons for this, as author Helmut Harter shows us in his book "The biggest sponsors of the German state are the working population and pensioners", and these are mainly due to political decisions: On the one hand, politicians are always happy to reach into the pension fund to finance extraneous benefits with the contributions of the compulsorily insured, such as German unification. On the other hand, not all working people are compulsorily insured, but only the middle and lower incomes. A plea for a solidary and transparent pension system!

Social Security and Retirement in Germany

Author : Axel Börsch-Supan
Publisher :
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4.3/5 (91 download)

DOWNLOAD NOW!

Book Synopsis Social Security and Retirement in Germany by : Axel Börsch-Supan

Download or read book Social Security and Retirement in Germany written by Axel Börsch-Supan and published by . This book was released on 1997 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper describes the German public old age social security program (, Gesetzliche Rentenversicherung') and its incentive effects on retirement decisions. The paper presents the key features of the system and expresses retirement incentives in the form of accrual rates of social security wealth and implicit tax rates on earnings. It summarizes labor market behavior of older persons in Germany during the last 35 years and surveys the empirical literature on the effects of the social security system on retirement in Germany. The paper shows that even after the 1992 reform the German system is actuarially unfair. This generates a substantial redistribution from late to early retirees and creates incentives to early retirement. Indeed, average retirement age is very low in West Germany (about age 59) and even lower in East Germany. This tendency towards early retirement is particularly hurting in times of population aging when the German social security contribution rate is expected to increase dramatically and will substantially exceed the rates in other industrialized countries.

Pensions in Germany

Author : Monika Queisser
Publisher :
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.:/5 (318 download)

DOWNLOAD NOW!

Book Synopsis Pensions in Germany by : Monika Queisser

Download or read book Pensions in Germany written by Monika Queisser and published by . This book was released on 1996 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Pensions at a Glance 2019 OECD and G20 Indicators

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264876103
Total Pages : 224 pages
Book Rating : 4.2/5 (648 download)

DOWNLOAD NOW!

Book Synopsis Pensions at a Glance 2019 OECD and G20 Indicators by : OECD

Download or read book Pensions at a Glance 2019 OECD and G20 Indicators written by OECD and published by OECD Publishing. This book was released on 2019-11-27 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2019 edition of Pensions at a Glance highlights the pension reforms undertaken by OECD countries over the last two years. Moreover, two special chapters focus on non-standard work and pensions in OECD countries, take stock of different approaches to organising pensions for non-standard workers in the OECD, discuss why non-standard work raises pension issues and suggest how pension settings could be improved.

Childlessness in Europe: Contexts, Causes, and Consequences

Author : Michaela Kreyenfeld
Publisher : Springer
ISBN 13 : 3319446673
Total Pages : 367 pages
Book Rating : 4.3/5 (194 download)

DOWNLOAD NOW!

Book Synopsis Childlessness in Europe: Contexts, Causes, and Consequences by : Michaela Kreyenfeld

Download or read book Childlessness in Europe: Contexts, Causes, and Consequences written by Michaela Kreyenfeld and published by Springer. This book was released on 2017-01-11 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is published open access under a CC BY 4.0 license. This open access book provides an overview of childlessness throughout Europe. It offers a collection of papers written by leading demographers and sociologists that examine contexts, causes, and consequences of childlessness in countries throughout the region.The book features data from all over Europe. It specifically highlights patterns of childlessness in Germany, France, the United Kingdom, Finland, Sweden, Austria and Switzerland. An additional chapter on childlessness in the United States puts the European experience in perspective. The book offers readers such insights as the determinants of lifelong childlessness, whether governments can and should counteract increasing childlessness, how the phenomenon differs across social strata and the role economic uncertainties play. In addition, the book also examines life course dynamics and biographical patterns, assisted reproduction as well as the consequences of childlessness. Childlessness has been increasing rapidly in most European countries in recent decades. This book offers readers expert analysis into this issue from leading experts in the field of family behavior. From causes to consequences, it explores the many facets of childlessness throughout Europe to present a comprehensive portrait of this important demographic and sociological trend.

Reforming the Greek Pension System

Author : Mr. Alvar Kangur
Publisher : International Monetary Fund
ISBN 13 : 1513588842
Total Pages : 26 pages
Book Rating : 4.5/5 (135 download)

DOWNLOAD NOW!

Book Synopsis Reforming the Greek Pension System by : Mr. Alvar Kangur

Download or read book Reforming the Greek Pension System written by Mr. Alvar Kangur and published by International Monetary Fund. This book was released on 2021-07-16 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Greek pension system has been costly, complex, and distortive, which has contributed to Greece’s fiscal problems and discouraged labor force participation. Several attempts to reform the system faltered due to lack of implementation, pushback by vested interests, and court rulings leading to reversals. A series of reforms introduced throughout 2015–17 unified benefit and contribution rules, removed several distortions and reduced fragmentation and costs. If fully implemented throughout the long-term, these reforms can go a long way towards enhancing the pension system affordability. However, reforms faced setbacks and fell short of creating stronger incentives to build long contribution histories, to deliver sustainable growth by improving the fiscal policy mix, and to ensure fairness and equitable burden sharing across generations and interest groups. Policy priorities should aim towards fully implementing the 2015–17 reforms and complementing them with additional reforms to address these remaining objectives.

Pensions at a Glance 2009 Retirement-Income Systems in OECD Countries

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264063455
Total Pages : 283 pages
Book Rating : 4.2/5 (64 download)

DOWNLOAD NOW!

Book Synopsis Pensions at a Glance 2009 Retirement-Income Systems in OECD Countries by : OECD

Download or read book Pensions at a Glance 2009 Retirement-Income Systems in OECD Countries written by OECD and published by OECD Publishing. This book was released on 2009-10-15 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: This third edition of Pensions at a Glance updates in-depth information on the key features of mandatory pension systems—both public and private—in the 30 OECD countries, including projections of retirement income for today’s workers.

Pension Systems

Author : Birgit Mattil
Publisher : Springer Science & Business Media
ISBN 13 : 3790816760
Total Pages : 292 pages
Book Rating : 4.7/5 (98 download)

DOWNLOAD NOW!

Book Synopsis Pension Systems by : Birgit Mattil

Download or read book Pension Systems written by Birgit Mattil and published by Springer Science & Business Media. This book was released on 2006-03-08 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recently, policy debate and comparative research on old-age pensions have focused on the financial sustainability of pension systems in the face of demographic change. This study, however, also takes into account distributional effects involved in pension system structures. Theoretical, institutional and empirical analyses are combined to form a comprehensive framework for evaluating financial sustainability and distributional effects of the pension systems implemented in Germany and the United Kingdom. Along with projections of demographic trends and future public pension expenditure, the empirical results on old-age incomes and their distribution allow for identifying a number of reform options for each pension system to improve their financial or distributional results.