{"title":"Rentenpolitik nach dem Haushaltsurteil: keine Maximalforderungen","authors":"Axel Börsch-Supan","doi":"10.2478/wd-2024-0032","DOIUrl":null,"url":null,"abstract":"\n German pension policy faces a dilemma. If it is too generous, it harms contributors, disincentivises labour supply, and crowds out education and infrastructure investment needed to pay for social protection. If it is too frugal, it harms those with social and health issues. Thus, smart compromises are required rather than maximum demands. We propose a policy mix with five elements: 1) determine the pension level in a sustainable and generation-appropriate way; 2) link retirement age to life expectancy; 3) limit early retirement to those in poor health; 4) abolish mandatory retirement; 5) encourage a mix of pay-as-you-go and funded occupational pensions.","PeriodicalId":35890,"journal":{"name":"Wirtschaftsdienst","volume":"425 ","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2024-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Wirtschaftsdienst","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2478/wd-2024-0032","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"Business, Management and Accounting","Score":null,"Total":0}
引用次数: 0
Abstract
German pension policy faces a dilemma. If it is too generous, it harms contributors, disincentivises labour supply, and crowds out education and infrastructure investment needed to pay for social protection. If it is too frugal, it harms those with social and health issues. Thus, smart compromises are required rather than maximum demands. We propose a policy mix with five elements: 1) determine the pension level in a sustainable and generation-appropriate way; 2) link retirement age to life expectancy; 3) limit early retirement to those in poor health; 4) abolish mandatory retirement; 5) encourage a mix of pay-as-you-go and funded occupational pensions.
WirtschaftsdienstBusiness, Management and Accounting-Business, Management and Accounting (miscellaneous)
CiteScore
0.60
自引率
0.00%
发文量
228
审稿时长
8 weeks
期刊介绍：
Die Zeitschrift, herausgegeben von der ZBW, publiziert Beiträge von namhaften Autor:innen aus Wissenschaft und Politik zu aktuellen Themen der Wirtschafts- und Sozialpolitik in Deutschland und in der Europäischen Union.
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