The Demographic Change in Germany: Implications for the Pension Scheme

Steffen Bamann (), Mohammad Imran Qureshi (), Swita Samimi (), Nathan Viets (), Daniela Zanga () and Elizaveta Kundas ()
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Steffen Bamann: Augsburg University
Mohammad Imran Qureshi: Bergamo University
Swita Samimi: Augsburg University
Nathan Viets: Indiana University
Daniela Zanga: Bergamo University
Elizaveta Kundas: Lomonosov Moscow State University

A chapter in Globalization and Public Policy, 2015, pp 121-135 from Springer

Abstract: Abstract Similar to other advanced industrialized countries, Germany’s low population growth and aging workforce put considerable pressure on its national pension system. This chapter begins with an overview of the country’s changing demographics and the pressures they place on the pension system. Next, the chapter reviews some of the major reforms that have been implemented to relieve the strain. The closing section considers several policy strategies that might improve the country’s demographic profile and ensure proper functioning of the pension system. Immigration reforms, family support policies, reduction of future pension obligations and public awareness campaigns are among the most likely measures to improve the pension system performance in the long-run.

Keywords: Demographic Change; Pension System; Pension Scheme; Pension Reform; Pension Insurance (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-319-17692-5_7

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DOI: 10.1007/978-3-319-17692-5_7

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