German Pension Reform On Road Towards a Sustainable Multi-Pillar System

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Bibliographic Details
Author / Creator:Wilke, Christina.
Edition:1st, New ed.
Imprint:Frankfurt a.M. Peter Lang GmbH, Internationaler Verlag der Wissenschaften [2018], ©2009.
Description:1 online resource.
Language:English
Series:Sozialökonomische Schriften 34
Subject:
Format: E-Resource Dissertations Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/11761713
Hidden Bibliographic Details
ISBN:9783631750490
3631750498
Notes:Thesis (Doctoral).
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.
Online resource; title from title screen (viewed December 28, 2018).
Summary: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.
Other form:Print version: 9783631588512
Standard no.:9783631750490
10.3726/b13605

MARC

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505 0 |a Demographic challenges and labor market potentials for the German pension system -- Evaluation of the German pension reform process -- Notional defined contribution systems as a reform alternative -- Intergenerational distribution and deterministic and stochastic internal rates of return. 
520 |a 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. 
545 0 |a 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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