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Diskretionäre rentenpolitische Maßnahmen und die Entwicklung des Rentenwerts in Deutschland von 2003-2008

Tim Krieger and Sven Stöwhase

No 14, Working Papers CIE from Paderborn University, CIE Center for International Economics

Abstract: Within the last years, the development of the pension value (Rentenwert), which determines the size of public pension benefits in the German public pension system, was strongly affected by discretional changes in the method of its calculation. The aim of the present study is to shed light on the influence of these changes. To do so, we calculate the pension value for a number of hypothetical scenarios on an ex-post basis and compare results with each other. The key issue of our analysis is to quantify the isolated effects of the components included in the 2004 Pension Reform Act. We provide results for both East and West Germany.

Keywords: Rentenanpassungsformel; aktueller Rentenwert; Nachhaltigkeitsfaktor; Schutzklausel; Entgeltkorrektur; Ost- und Westrenten; Gesetzliche Rentenversicherung (search for similar items in EconPapers)
JEL-codes: H55 J18 D63 D78 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2008-07
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