G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w9913
来源IDWorking Paper 9913
Pension Reform in Germany: The Impact on Retirement Decisions
Axel Borsch-Supan; Barbara Berkel
发表日期2003-08-25
出版年2003
语种英语
摘要The financing problems beleaguering the public pension system have again shifted the spotlight onto the retirement age. This paper examines the impact of various reform options on the actual retirement choices of older workers. The paper focuses in particular on the long-term implications of the changes implemented in pension legislation since 1992 and the reform options discussed by the German Social Security Reform Commission installed in 2002, the so called R?rup Commission'. Our simulations show that the early-retirement pension adjustment factors introduced by the 1992 pension reform will, in the long term, raise the average effective age of retirement for men by somewhat less than two years. The across-the-board two-year increase in all the relevant age limits proposed by the R?rup Commission' would raise the effective average age of retirement of men by about eight months. If the actuarial adjustment factor is increased from 3.6% to 6% per year, the effective average retirement age rises by almost two years. The effects are considerably weaker for women.
主题Health, Education, and Welfare
URLhttps://www.nber.org/papers/w9913
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/567539
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GB/T 7714
Axel Borsch-Supan,Barbara Berkel. Pension Reform in Germany: The Impact on Retirement Decisions. 2003.
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