A History Of The German Public Pension System

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A History of the German Public Pension System

Author : Alfred C. Mierzejewski
Publisher : Rowman & Littlefield
Page : 445 pages
File Size : 52,6 Mb
Release : 2016-03-04
Category : History
ISBN : 9781498521178

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A History of the German Public Pension System by Alfred C. Mierzejewski Pdf

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.

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

Author : Nicole Petrick
Publisher : GRIN Verlag
Page : 65 pages
File Size : 51,7 Mb
Release : 2009-08
Category : Electronic
ISBN : 9783640394098

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Political Determinants of Evolution and Reform of the German Public Pension Plan by Nicole Petrick Pdf

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.

German Pension Reform

Author : Christina Benita Wilke
Publisher : Peter Lang
Page : 216 pages
File Size : 44,6 Mb
Release : 2009
Category : Business & Economics
ISBN : 3631588518

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German Pension Reform by Christina Benita Wilke Pdf

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.

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

Author : Lewicki, Maria Patricia
Publisher : KIT Scientific Publishing
Page : 159 pages
File Size : 44,8 Mb
Release : 2014-03-25
Category : Business & Economics
ISBN : 9783731501718

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

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,Benedito De Almeida Carvalho,Marco Honsberg
Publisher : GRIN Verlag
Page : 53 pages
File Size : 43,9 Mb
Release : 2011-11
Category : Political Science
ISBN : 9783656049463

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Growing Old in Dignity by Eugen Stumpf,Benedito De Almeida Carvalho,Marco Honsberg Pdf

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

Social Security and Retirement in Germany

Author : Axel Börsch-Supan,Reinhold Schnabel
Publisher : Unknown
Page : 72 pages
File Size : 46,9 Mb
Release : 1997
Category : Retirement
ISBN : UOM:39015041235543

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Social Security and Retirement in Germany by Axel Börsch-Supan,Reinhold Schnabel Pdf

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.

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

Author : Nicole Petrick
Publisher : GRIN Verlag
Page : 31 pages
File Size : 44,7 Mb
Release : 2007-05-10
Category : Business & Economics
ISBN : 9783638741446

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Political Determinants of Evolution and Reform of the German Public Pension Plan by Nicole Petrick Pdf

Seminar paper from the year 2005 in the subject Economics - Finance, grade: 1,3, Humboldt-University of Berlin, 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 Reform of Bismarckian Pension Systems

Author : Martin Schludi
Publisher : Amsterdam University Press
Page : 312 pages
File Size : 51,9 Mb
Release : 2005
Category : Business & Economics
ISBN : 9789053567401

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The Reform of Bismarckian Pension Systems by Martin Schludi Pdf

Offers an analysis of the political process involved in the reform of the pension systems in European countries.

Pension Systems and Retirement Incomes Across OECD Countries

Author : Richard Disney,Paul Johnson
Publisher : Edward Elgar Publishing
Page : 388 pages
File Size : 47,6 Mb
Release : 2001-01-01
Category : Business & Economics
ISBN : 1782542353

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Pension Systems and Retirement Incomes Across OECD Countries by Richard Disney,Paul Johnson Pdf

An analysis of the pension reform process in nine countries. It examines the policy reform process in each country, against the background of the fiscal stresses arising from ageing populations. It also explores whether different pension delivery systems generate different standards of living.

Social Security Programs and Retirement around the World

Author : Jonathan Gruber,David A. Wise
Publisher : University of Chicago Press
Page : 752 pages
File Size : 41,8 Mb
Release : 2009-02-15
Category : Political Science
ISBN : 9780226309989

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Social Security Programs and Retirement around the World by Jonathan Gruber,David A. Wise Pdf

Social Security Programs and Retirement around the World represents the second stage of an ongoing research project studying the relationship between social security and labor. In the first volume, Jonathan Gruber and David A. Wise revealed enormous disincentives to continued work at older ages in developed countries. Provisions of many social security programs typically encourage retirement by reducing pay for work, inducing older employees to leave the labor force early and magnifying the financial burden caused by an aging population. At a certain age there is simply no financial benefit to continuing to work. In this volume, the authors turn to a country-by-country analysis of retirement behavior based on micro-data. The result of research compiled by teams in twelve countries, the volume shows an almost uniform correlation between levels of social security incentives and retirement behavior in each country. The estimates also show that the effect is strikingly uniform in countries with very different cultural histories, labor market institutions, and other social characteristics.

Economic Challenges of Pension Systems

Author : Marta Peris-Ortiz,José Álvarez-García,Inmaculada Domínguez-Fabián,Pierre Devolder
Publisher : Springer Nature
Page : 487 pages
File Size : 53,8 Mb
Release : 2020-03-20
Category : Business & Economics
ISBN : 9783030379124

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Economic Challenges of Pension Systems by Marta Peris-Ortiz,José Álvarez-García,Inmaculada Domínguez-Fabián,Pierre Devolder Pdf

This book examines the major economic challenges associated with the sustainability of public pensions, specifically demographic change, labor-market relations, and risk sharing. The issue of public pensions occupies the political and economic agendas of many major governments in the world. International organizations such as the World Bank and the OECD warn that the economic changes driven by an aging society negatively affects the sustainability of pension systems. This book analyzes different global public pension systems to offer policies, methods and tools for sustainable public pensions. Real case studies from France, Sweden, Latin America, Algeria, USA and Mexico are featured.

Pensions at a Glance 2019 OECD and G20 Indicators

Author : OECD
Publisher : OECD Publishing
Page : 180 pages
File Size : 53,5 Mb
Release : 2019-11-27
Category : Electronic
ISBN : 9789264876101

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Pensions at a Glance 2019 OECD and G20 Indicators by OECD Pdf

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.

The German Public Pension System

Author : Axel Börsch-Supan,Christina B. Wilke
Publisher : Unknown
Page : 74 pages
File Size : 47,9 Mb
Release : 2004
Category : Economics
ISBN : IND:30000113900496

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The German Public Pension System by Axel Börsch-Supan,Christina B. Wilke Pdf

"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.

Childlessness in Europe: Contexts, Causes, and Consequences

Author : Michaela Kreyenfeld,Dirk Konietzka
Publisher : Springer
Page : 370 pages
File Size : 40,6 Mb
Release : 2017-01-11
Category : Social Science
ISBN : 9783319446677

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Childlessness in Europe: Contexts, Causes, and Consequences by Michaela Kreyenfeld,Dirk Konietzka Pdf

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.

The Peculiarities of German History

Author : David Blackbourn,Geoff Eley
Publisher : OUP Oxford
Page : 309 pages
File Size : 53,5 Mb
Release : 1984-12-13
Category : History
ISBN : 9780191585999

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The Peculiarities of German History by David Blackbourn,Geoff Eley Pdf

A well-written, stimulating...piece of scholarship. —German Studies Review. In a major re-evaluation of the cultural, political, and sociological assumptions about the "peculiar" course of modern German history, the authors challenge the widely held belief that Germany did not have a Western-style bourgeois revolution. Contending that it did indeed experience one, but that this had little to do with the mythical rising of the middle class, the authors provide a new context for viewing the tensions and instability of 19th-and early 20th-century Germany.