Over the past years, the financial situation and the retirement prospects of the so-called babyboomers (people born during the demographic Post-World War II baby-boom) have become source of public concern and has attracted a great deal of attention in the US. In Germany, on the contrary, the...

The planned increase of the insurance periods recognized for bringing up children (Mütterrente) will increase the pension contribution rate by an average of 0.3 percentage points and reduce the gross pension level by an average of 0.4 percentage points by 2018. However, since government...

There is an increasing interest among social scientists in merging survey data with administrative records from social security institutions. Record linkage represents one way to combine different sources using a unique identifier such as the Social Security number. The informed consent of the...

Riester pensions are voluntary, but heavily subsidized private pension schemes in Germany. They were designed as a matching defined contribution scheme to fill the emerging "pension gap" that is being generated by the gradually declining generosity of the public pay-as-you-go pensions in...

Understanding how households form their long-term saving and investment decisions to shoulder risks not covered by social security systems has been of primary importance in all the countries which, like Germany, introduced major reforms to face the challenges of an aging population. This paper...

Die geplante „Mütterrente“ wird bis 2018 den Rentenbeitragssatz um durchschnittlich 0,3 Prozentpunkte erhöhen und das Bruttorentenniveau um durchschnittlich 0,4 Prozentpunkte reduzieren. Da ab 2019 der Bundeszuschuss schrittweise erhöht werden soll, werden die längerfristigen Wirkungen...