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In dieser Arbeit wird gezeigt, dass sich für die Versicherten in der gesetzlichen Rentenversicherung (GRV) ein statistischer Zusammenhang zwischen dem Alter bei Renteneintritt und der verbleibenden Lebensdauer nachweisen lässt. So steigt die fernere Lebenserwartung im Alter von 65 Jahren für...
Persistent link: https://www.econbiz.de/10003884589
The public pension system in Germany allows early retirement albeit at the cost of pension deductions. Deductions are …-age pensions with age 60 to 66 is up to 1.9 years higher if retirement occurred later. For women, instead, life expec-tancy is … almost independent of retirement age. Extending the analysis to invalidity pensioners (they receive pensions before the age …
Persistent link: https://www.econbiz.de/10003886081
populations, and unsustainable pensions systems around the world. Voluntary part-time workers in Europe and the US are happier …
Persistent link: https://www.econbiz.de/10011422419
In this paper we address the question how the generosity of the benefit rule of the German public pension system has changed during the past three decades and how this development can be explained by demographic changes. Firstly, we illustrate the political risk of benefit rule changes for...
Persistent link: https://www.econbiz.de/10011509416
The 2014 pension reform has three main components. First disability pensions have been increased by about two earnings …
Persistent link: https://www.econbiz.de/10010520339
This article surveys the literature on selection effects in retirement behavior. More specifically, we consider early retirement schemes with actuarially fair adjustments based on average life expectancy. To this end, we recapitulate the theoretical literature on selection effects and resulting...
Persistent link: https://www.econbiz.de/10003977067
We use nationally representative panel data from Australia to consider the impact of retirement on individual locus of control, a socio-emotional skill that has substantial explanatory power for a broad range of life outcomes. We establish causality via cohort-specific eligibility age for the...
Persistent link: https://www.econbiz.de/10014454434
and have triggered substantial reforms of these systems. One of the officially declared reform objectives is to raise the …
Persistent link: https://www.econbiz.de/10013316877
In this paper we address the question of how the generosity of the benefit rule of the German public pension system has changed during the past three decades and how this development can be explained by demographic changes. Firstly, we illustrate the political risk of benefit rule changes for...
Persistent link: https://www.econbiz.de/10013319789
We investigate the unemployment pathway to retirement in Germany and study the causal effects of two early retirement … reforms. Reform 1 (NRA) increased normal retirement age stepwise from 60 to 65. Simultaneously, it became possible to use … early retirement with benefit discounts. Reform 2 (ERA) increased the age of early retirement stepwise from 60 to 63. We …
Persistent link: https://www.econbiz.de/10013311712