and comprehensible information about the pension system and individual expected pension payments. This reform did not … change the level of pensions, but only manipulated the knowledge about and salience of expected pension payments. Using …

public pension payments. This reform did not change the level of pensions, but only provided information to individuals about … direct way to increase public pensions, increase after receiving the letter. …

subsidization program in Germany. We find that 38% of the aggregate subsidy accrues to the top two deciles of the population, but …

public pension payments. This reform did not change the level of pensions, but only provided information to individuals about … direct way to increase public pensions, increase after receiving the letter …

The pay-as-you-go statutory pension insurance is intended to protect workers in Germany from having to rely on tax …, since low pensions are topped up in old age without means-testing, the resulting disincentive for the labour supply decision …

and comprehensible information about the pension system and individual expected pension payments. This reform did not … change the level of pensions, but only manipulated the knowledge about and salience of expected pension payments. Using …

paramount relevance for scientists and policy makers. We take Germany as an example: Twenty years of pension reform have … transition worked out? We survey the reform steps and household's reactions: How did individuals adjust their labor market … without supplementary pensions decreased from 73% to 39% in little more than a decade. This is a remarkable success …

The 2014 pension reform has three main components. First disability pensions have been increased by about two earnings …