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Rentenreformen 1998–2001: Eine (vorläufige) Bestandsaufnahme

Cristophe Borgmann, Pascal Krimmer and Bernd Raffelhüshen

Perspektiven der Wirtschaftspolitik, 2001, vol. 2, issue 3, 319-334

Abstract: Since the current German government has stepped into office, there have been numerous corrections to the ‘pay‐as‐you‐go‐financed’ Social Security system. Adjustments to both the pressure of demographics and the labour market will have severe intergenerational impacts, which are reported with the help of generational accounting. Our findings suggest that the recent reform proposals do in fact reduce the burden on future generations. In the early version of the reform proposal mainly the younger generations paid the price, whereas the version which has been passed into law shifts most of the burden to the elderly.

Date: 2001
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Perspektiven der Wirtschaftspolitik is currently edited by Lars P. Feld, J¸rgen von Hagen, Bernd Rudolph and Achim Wambach

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