Nachhaltige Finanzierung der gesetzlichen Rentenversicherung durch inter- und intragenerative Umverteilung – ein Reformvorschlag als Generationenkompromiss

Seuffert Stefan () and Toussaint Philipp ()
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Seuffert Stefan: 9174 Albert-Ludwigs-Universität Freiburg Albert-Ludwigs-Universität Freiburg Forschungszentrum Generationenverträge, Institut für Finanzwissenschaft und Sozialpolitik Bertoldstraße 17 79098 Freiburg im Breisgau Germany
Toussaint Philipp: Albert-Ludwigs-Universität Freiburg Forschungszentrum Generationenverträge, Institut für Finanzwissenschaft und Sozialpolitik Bertoldstraße 17 79098 Freiburg im Breisgau Germany

Perspektiven der Wirtschaftspolitik, 2024, vol. 25, issue 3-4, 233-257

Abstract: Demographic change is causing a generational conflict in the statutory pension insurance system between an adequate level of benefits and sustainable contribution rates. Current pension policy in Germany focuses mainly on benefits and results in an exclusively intergenerational distribution of the demographic burden, which is increasingly to the disadvantage of young and future generations. Stefan Seuffert and Philipp Toussaint examine reform options for burden-sharing at inter- and intragenerational levels and present a reform proposal permitting compromise solutions among the conflicting goals of contribution and benefit stability as well as between benefit principle and basic security effect. Sustainability-neutral base protection (“Sockelschutz”) results in an intragenerational redistribution for effective protection against poverty in old age without changing the intergenerational burden sharing. The intragenerational redistribution of such a base protection of 28 earnings points is more than five times as effective in supporting the basic pension protection rate as the intergenerational redistribution of 432 billion euros through a pension level bracket of 48 percent.

Keywords: gesetzliche Rentenversicherung; Generationengerechtigkeit; intragenerative Umverteilung; Rentenniveau; Sockelschutz (search for similar items in EconPapers)
JEL-codes: H51 H55 H68 (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1515/pwp-2024-0015

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