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German Pension Reform

German Pension Reform


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About the Book

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.
About the Author: 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.


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Product Details
  • ISBN-13: 9783631588512
  • Publisher: Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften
  • Publisher Imprint: Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften
  • Edition: 1 New ed
  • Language: English
  • Returnable: N
  • Spine Width: 14 mm
  • Weight: 349 gr
  • ISBN-10: 3631588518
  • Publisher Date: 17 Apr 2009
  • Binding: Paperback
  • Height: 151 mm
  • No of Pages: 196
  • Series Title: Sozialoekonomische Schriften
  • Sub Title: On Road Towards a Sustainable Multi-Pillar System
  • Width: 210 mm


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German Pension Reform
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German Pension Reform
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