German Pension Reform
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German Pension Reform
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Author : Christina Benita Wilke
language : en
Publisher: Peter Lang
Release Date : 2009
German Pension Reform written by Christina Benita Wilke and has been published by Peter Lang this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Business & Economics categories.
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.
Growing Old In Dignity
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Author : Eugen Stumpf
language : en
Publisher: GRIN Verlag
Release Date : 2011-11
Growing Old In Dignity written by Eugen Stumpf and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-11 with Political Science categories.
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
Political Determinants Of Evolution And Reform Of The German Public Pension Plan
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Author : Nicole Petrick
language : en
Publisher: GRIN Verlag
Release Date : 2009-08
Political Determinants Of Evolution And Reform Of The German Public Pension Plan written by Nicole Petrick and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-08 with categories.
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.
A Micro Perspective On Funding In The German Pension Reform Of 2001
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Author : Andrea Seier
language : en
Publisher:
Release Date : 2006
A Micro Perspective On Funding In The German Pension Reform Of 2001 written by Andrea Seier and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.
The Reform Of Bismarckian Pension Systems
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Author : Martin Schludi
language : en
Publisher: Amsterdam University Press
Release Date : 2005
The Reform Of Bismarckian Pension Systems written by Martin Schludi and has been published by Amsterdam University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Business & Economics categories.
Offers an analysis of the political process involved in the reform of the pension systems in European countries.
Germany S Pensions Reform
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Author : Franz Bertsch
language : en
Publisher:
Release Date : 2001
Germany S Pensions Reform written by Franz Bertsch and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Pensions categories.
Pensions In Germany
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Author : Monika Queisser
language : en
Publisher:
Release Date : 1996
Pensions In Germany written by Monika Queisser and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Pensions categories.
Pension Reform In Six Countries
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Author : Axel H. Börsch-Supan
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Pension Reform In Six Countries written by Axel H. Börsch-Supan and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Political Science categories.
AxeI Borsch-Supan and Meinhard Miegel The provision of retirement income is a dynamic system that needs to be adapted constantly to the ever changing economic and societal environment. Sometimes, incremental adaptations suffice; sometimes, however, larger reform steps are necessary. We see this evolutionary process both through history and across countries. Over and again societies are confronted with new challenges, not the least with respect to old age social security. At this juncture of history, almost all industrialized countries face rapid population aging and need. to adapt their pension systems to this historically unprecedented demographic change. The six countries in this study (Chile, Germany, Great Britain, the Netherlands, Switzerland, and the United States) have responded very differently to this new challenge. This is the point of departure for this book. Why did the countries respond so differently? What can we learn from each other? It is not the point of this book to provide a universally optimal solution to the pension problems caused by population aging. The six countries are simply too different in terms of their demographic and cultural, and in particular in terms of their historical and economic backgrounds. However, since national discussions tend to be surprisingly narrowly focussed even in times of globalization, there is much to learn by looking over the neighbor' s fence. And since some countries have reformed earlier than others, we even have the benefit of quite a few trials and errors in one country from which all other countries can learn.
The Politics Of Welfare State Reform In Continental Europe
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Author : Silja Häusermann
language : en
Publisher: Cambridge University Press
Release Date : 2010-03-15
The Politics Of Welfare State Reform In Continental Europe written by Silja Häusermann and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-03-15 with Political Science categories.
This book challenges existing theories of welfare state change by analyzing pension reforms in France, Germany, and Switzerland between 1970 and 2004. It explains why all three countries were able to adopt far-reaching reforms, adapting their pension regimes to both financial austerity and new social risks. In a radical departure from the neo-institutionalist emphasis on policy stability, the book argues that socio-structural change has led to a multidimensional pension reform agenda. A variety of cross-cutting lines of political conflict, emerging from the transition to a post-industrial economy, allowed governments to engage in strategies of political exchange and coalition-building, fostering broad cross-class coalitions in support of major reform packages. Methodologically, the book proposes a novel strategy to analyze lines of conflict, configurations of political actors, and coalitional dynamics over time. This strategy combines quantitative analyses of actor configurations based on coded policy positions with in-depth case studies.
The Party S Over
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Author : Alfred C. Mierzejewski
language : en
Publisher: Rowman & Littlefield
Release Date : 2020-11-13
The Party S Over written by Alfred C. Mierzejewski and has been published by Rowman & Littlefield this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-11-13 with History categories.
The Party's Over: The End of the Welfare State Boom in Western Europe provides the first comprehensive account of the West German Pension Reform Law 1972 (Rentenreformgesetz 1972 - RRG 1972), which marked the end of the period of rapid welfare state growth in Western Europe after World War II. Alfred C. Mierzejewski uses extensive archival research to explore how the law was conceived, how it was modified and expanded during parliamentary debate, and the effects that it had after it was enacted. Mierzejewski puts the reform into Western European context by comparing it with British and French efforts to develop their public pension systems since the seventeenth century. In doing so, The Party’s Over highlights both the general trends in post-World War II Western European welfare state development as well as the differences in how these three countries organized and managed their pension plans. Mierzejewski underscores the political risk that endangers old age pensions delivered by government mandated pay-as-you-go systems and demonstrates how policy matters, revealing how the end of the West European welfare state boom is relevant and significant for both workers and retirees today.