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Realitäten anerkennen, Rente zukunftsfähig gestalten

Author

Listed:
  • Werding Martin
  • Püschel Veronika
  • Runschke Benedikt
  • Schwarz Milena

Abstract

Current plans to permanently fix the level of benefits provided by the German Statutory Pension Scheme are at odds with the reality of demographic ageing and the requirements for sustainable pension policies. Instead, the causes of the ageing process ought to be addressed through poten-tially unpopular reforms. Linking the statutory retirement age to further life expectancy and building up supplementary funded pensions are core elements of a far-sighted reform that could stabilise the German system of old-age provision in the long run. In the short run, increasing con-tribution rates and reducing the benefit level are inevitable. This should be communicated very clearly.

Suggested Citation

  • Werding Martin & Püschel Veronika & Runschke Benedikt & Schwarz Milena, 2024. "Realitäten anerkennen, Rente zukunftsfähig gestalten," Wirtschaftsdienst, Sciendo, vol. 104(2), pages 77-81, February.
    • Handle: RePEc:vrs:wirtsc:v:104:y:2024:i:2:p:77-81:n:7
    DOI: 10.2478/wd-2024-0027
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    More about this item

    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
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

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