, analysing if and to what extent they are affected by such a policy change. We consider the legislative reform introduced in … Germany in 2007, which gradually will increase the statutory retirement age (SRA) from 65 to 67 years. Using the SAVE survey …) as an effect of the reform. Our results show that less productive workers living in relatively wealthier households are …

In 2007 Germany has introduced a pension reform which increases the normal retirement age from currently age 65 to 67 … rates and increase future old-age poverty rates in Germany considerably. Second, the considered reform will increase …. The present study aims to quantify the macroeconomic, welfare and efficiency consequences of this reform by means of a …