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Rentenpaket: die Bundesregierung auf Irrwegen

Author

Listed:
  • Lars Feld
  • Anabell Kohlmeier
  • Christoph Schmidt

Abstract

In the summer of 2014 Germany will witness the most substantial expansion of pension expenditures since the 1950s. Yet, while this reform package was motivated mainly by the dismal prospect of rising old age poverty rates, it does little to alleviate this problem. On the contrary, its two central elements, an expansion of the pension claims of mothers whose children were born before 1992, and access to early retirement at age 63 for workers with a long insurance history, tend to benefit rather privileged groups of the insured. These measures endanger the sustainability of the German pension system and will necessitate future generations to work even longer than would have been the case otherwise. Copyright ZBW and Springer-Verlag Berlin Heidelberg 2014

Suggested Citation

  • Lars Feld & Anabell Kohlmeier & Christoph Schmidt, 2014. "Rentenpaket: die Bundesregierung auf Irrwegen," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 94(8), pages 553-559, August.
  • Handle: RePEc:spr:wirtsc:v:94:y:2014:i:8:p:553-559
    DOI: 10.1007/s10273-014-1713-7
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    Citations

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    Cited by:

    1. Barabas, György & Gebhardt, Heinz & Schmidt, Torsten & Weyerstraß, Klaus, 2014. "Projektion der Wirtschaftsentwicklung bis 2019: Aufschwung setzt sich in moderatem Tempo fort," RWI Konjunkturberichte, RWI - Leibniz-Institut für Wirtschaftsforschung, vol. 65(4), pages 45-57.
    2. György Barabas & Heinz Gebhardt & Torsten Schmidt & Klaus Weyerstraß, 2014. "Projektion der Wirtschaftsentwicklung bis 2019: Aufschwung setzt sich in moderatem Tempo fort," RWI Konjunkturbericht, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, pages 13, December.
    3. Bofinger, Peter & Schnabel, Isabel & Feld, Lars P. & Schmidt, Christoph M. & Wieland, Volker, 2014. "Mehr Vertrauen in Marktprozesse. Jahresgutachten 2014/15 [More confidence in market processes. Annual Report 2014/15]," Annual Economic Reports / Jahresgutachten, German Council of Economic Experts / Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung, volume 127, number 201415, February.
    4. Bofinger, Peter & Schnabel, Isabel & Feld, Lars P. & Schmidt, Christoph M. & Wieland, Volker, 2015. "Zukunftsfähigkeit in den Mittelpunkt. Jahresgutachten 2015/16 [Focus on Future Viability. Annual Report 2015/16]," Annual Economic Reports / Jahresgutachten, German Council of Economic Experts / Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung, volume 127, number 201516, February.

    More about this item

    Keywords

    H55; J18; J26;
    All these keywords.

    JEL classification:

    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • J18 - Labor and Demographic Economics - - Demographic Economics - - - Public Policy
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

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