Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/21201
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dc.contributor.authorBonin, Holgeren_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 pensionsand introducing personal pension accounts. The paper critically reviews the reform decisionsand evaluates their long-term viability. It is shown that the adjustment of the Public PensionScheme misses the proclaimed contribution rate and replacement ratio targets already undermoderate economic conditions. However, the new private pension plans provide scope forfurther downsizing state pensions, necessary beyond 2025. As the enacted savings ratetarget is conservative, individual pensions keep retirement income sufficient even if returns topension funds are low due to legal restrictions on savings vehicles.en_US
dc.language.isoengen_US
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen_US
dc.relation.ispartofseries|aIZA Discussion paper series |x343en_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.ppn844096113en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-

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