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Europas künftige Rentenkluft

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  • Sven Schreiber
  • Hubert Beyerle

Abstract

There is a significant variation in demographic development among European Union (EU) member states. Using the UN’s Population Prospects, we examine how different retirement ages in selected EU countries would lead to comparable relations between the working-age population and pensioners in the future. In the coming decades, it seems that the French would be able to take retirement roughly four years earlier than Germans. There is, therefore, no apparent economic justification for the suggested alignment of retirement ages in accordance with the current German regulation, as is sometimes suggested. Even the EU Commission has prioritised life expectancy in its recommendations for greater sustainability in the pension system, despite the fact that it is an insufficient indicator. Copyright ZBW and Springer-Verlag Berlin Heidelberg 2014

Suggested Citation

  • Sven Schreiber & Hubert Beyerle, 2014. "Europas künftige Rentenkluft," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 94(5), pages 364-368, May.
    • Handle: RePEc:spr:wirtsc:v:94:y:2014:i:5:p:364-368
    DOI: 10.1007/s10273-014-1680-z
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    Keywords

    H55; J11;

    JEL classification:

    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts

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