EconStor >
Forschungsinstitut zur Zukunft der Arbeit (IZA), Bonn >
IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/21201
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorBonin, Holgeren_US
dc.coverage.temporal2000-2050en_US
dc.date.accessioned2009-01-28T16:20:19Z-
dc.date.available2009-01-28T16:20:19Z-
dc.date.issued2001en_US
dc.identifier.urihttp://hdl.handle.net/10419/21201-
dc.description.abstractIn May 2001, Germany adopted a fundamental pension reform cutting back public pensions and introducing personal pension accounts. The paper critically reviews the reform decisions and evaluates their long-term viability. It is shown that the adjustment of the Public Pension Scheme misses the proclaimed contribution rate and replacement ratio targets already under moderate economic conditions. However, the new private pension plans provide scope for further downsizing state pensions, necessary beyond 2025. As the enacted savings rate target is conservative, individual pensions keep retirement income sufficient even if returns to pension funds are low due to legal restrictions on savings vehicles.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesIZA Discussion paper series 343en_US
dc.subject.jelF22en_US
dc.subject.jelE66en_US
dc.subject.ddc330en_US
dc.subject.keywordPension reformen_US
dc.subject.keywordpension fundingen_US
dc.subject.keywordfiscal projectionsen_US
dc.subject.keywordGermanyen_US
dc.subject.stwGesetzliche Rentenversicherungen_US
dc.subject.stwRentenreformen_US
dc.subject.stwWirtschaftspolitische Wirkungsanalyseen_US
dc.subject.stwAlterssicherungen_US
dc.subject.stwSozialversicherungsbeitragen_US
dc.subject.stwSparenen_US
dc.subject.stwRenditeen_US
dc.subject.stwPrognoseen_US
dc.subject.stwDeutschlanden_US
dc.titleWill it Last? An Assessment of the 2001 German Pension Reformen_US
dc.typeWorking Paperen_US
dc.identifier.ppn336986939en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

Files in This Item:
File Description SizeFormat
dp343.pdf186.22 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.